1227 E Madison Park Unit 2 Chicago, IL 60615
Kenwood Neighborhood
4
Beds
3
Baths
3,200
Sq Ft
$1,000/mo
HOA Fee
Highlights
- Open Floorplan
- Wood Flooring
- Formal Dining Room
- Kenwood Academy High School Rated A-
- Sun or Florida Room
- 4-minute walk to Elm Park
About This Home
As of June 2025Welcome to a once-in-a-lifetime opportunity to renovate a piece of Chicago history into your dream home. Superbly situated in a boutique, elevator building off of historic Madison Park, a serene oasis located in highly desirable Kenwood, your spacious 4 bedroom, 3 bathroom mansion condo offers unparalleled potential. Sprawling across approximately 3,200 square feet on one level, the condo boasts a very functional layout with ample room for creative redesign and expansion. Upon entering, you will be warmly greeted by your grand entry foyer that overlooks your massive living room. Your living room flows seamlessly into your separate, huge dining room that can easily accommodate a dining table for 8 or more. Your condo is saturated with natural sunlight and features a sun room with dual entry off of the living and dining rooms. The kitchen features a sizable pantry and is a canvas for culinary creativity awaiting your vision to transform it into a chef's paradise. Your condo truly lives like a single family home and makes it easy for you to maintain your privacy while also enjoying all of the pleasures of city living! This blend of suburban tranquility and urban convenience is a rare find. Welcome to "Suburban Living in the City." Conveniently located close to multiple parks, Trader Joe's, Starbucks, Whole Foods, Marshall's, Michael's, public transportation, the lake, Lake Shore Dr., downtown Hyde Park, countless restaurants, shopping and a 10-15 minute drive downtown. Embrace the opportunity to preserve and restore a piece of Madison Park's history. Storage space included. Solid association. No upcoming special assessments. Pet-friendly building. This condo requires a complete renovation, allowing you to customize every detail to your taste and specifications. Please don't miss this opportunity. Schedule your showing today.
Last Agent to Sell the Property
@properties Christie's International Real Estate License #475179545 Listed on: 10/17/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $8,893
Year Built
- Built in 1914
HOA Fees
- $1,000 Monthly HOA Fees
Home Design
- Brick Exterior Construction
- Rubber Roof
Interior Spaces
- 3,200 Sq Ft Home
- 3-Story Property
- Open Floorplan
- Historic or Period Millwork
- Entrance Foyer
- Family Room
- Living Room
- Formal Dining Room
- Sun or Florida Room
- Storage
- Wood Flooring
- Unfinished Basement
- Walk-Out Basement
- Intercom
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
- 3 Full Bathrooms
Laundry
- Laundry Room
- Washer and Dryer Hookup
Parking
- 1 Parking Space
- Uncovered Parking
- Unassigned Parking
Outdoor Features
- Balcony
Schools
- Murray Elementary School Languag
- Ray Elementary Middle School
- Kenwood Academy High School
Utilities
- No Cooling
- Forced Air Heating System
- Radiator
- Heating System Uses Natural Gas
- Lake Michigan Water
Community Details
Overview
- Association fees include heat, water, insurance, exterior maintenance, lawn care, scavenger, snow removal
- 6 Units
- Self Managed Association
- Property managed by Self-Managed
Amenities
- Common Area
- Community Storage Space
- Elevator
Recreation
- Bike Trail
Pet Policy
- Pets up to 100 lbs
- Dogs and Cats Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 12, 2025
Closed on
Jun 4, 2025
Sold by
Michael Rosenberg Ira and Equity Trust Company
Bought by
Claffey Murphy Caitlin and Carter Andrew B
Seller's Agent
Catherine Rosenberg
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Robert Sullivan
Berkshire Hathaway HomeServices Chicago
List Price
$825,000
Sold Price
$825,000
Views
6
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-100.00%
Original Mortgage
$425,000
Outstanding Balance
$424,616
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
-$10,440
Purchase Details
Listed on
Oct 17, 2024
Closed on
Nov 16, 2024
Sold by
Moran Alfred C
Bought by
Equity Trust and Michael Rosenberg Ira
Seller's Agent
Sharial Howard
@properties Christie's International Real Estate
Buyer's Agent
Catherine Rosenberg
Berkshire Hathaway HomeServices Chicago
List Price
$350,000
Sold Price
$300,000
Premium/Discount to List
-$50,000
-14.29%
Views
29
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
455.43%
Purchase Details
Closed on
Mar 27, 2019
Sold by
Moran Lurie G
Bought by
Moran Alfred C
Purchase Details
Closed on
Jun 19, 2002
Sold by
Moran Matthew L and Moran Lurie G
Bought by
Moran Lurie G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,225
Interest Rate
3.5%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
Purchase Details
Closed on
Jun 11, 1997
Sold by
Moran Matthew L
Bought by
Moran Matthew L and Moran Lurie G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
8.01%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 21, 1996
Sold by
Lakeside Bank
Bought by
Moran Lurie G and Moran Matthew L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
9.12%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 18, 1996
Sold by
Moran Lurie G
Bought by
Moran Matthew L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
9.12%
Mortgage Type
Purchase Money Mortgage
Similar Homes in Chicago, IL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $825,000 | Chicago Title | |
| Warranty Deed | $300,000 | None Listed On Document | |
| Warranty Deed | $300,000 | None Listed On Document | |
| Warranty Deed | $254,000 | Greater Illinois Title | |
| Interfamily Deed Transfer | -- | Gateway Title Company | |
| Interfamily Deed Transfer | -- | Chicago Title Insurance Co | |
| Joint Tenancy Deed | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Joint Tenancy Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $425,000 | New Conventional | |
| Previous Owner | $625,500 | Reverse Mortgage Home Equity Conversion Mortgage | |
| Previous Owner | $351,225 | Reverse Mortgage Home Equity Conversion Mortgage | |
| Previous Owner | $155,000 | Unknown | |
| Previous Owner | $132,000 | Purchase Money Mortgage | |
| Previous Owner | $100,000 | Purchase Money Mortgage | |
| Closed | $351,225 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/27/2025 06/27/25 | Sold | $825,000 | 0.0% | $258 / Sq Ft |
| 04/12/2025 04/12/25 | Pending | -- | -- | -- |
| 04/12/2025 04/12/25 | For Sale | $825,000 | +175.0% | $258 / Sq Ft |
| 11/22/2024 11/22/24 | Sold | $300,000 | -14.3% | $94 / Sq Ft |
| 11/05/2024 11/05/24 | Pending | -- | -- | -- |
| 10/17/2024 10/17/24 | For Sale | $350,000 | -- | $109 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $8,893 | $64,500 | $14,728 | $49,772 |
| 2023 | $8,638 | $42,000 | $11,877 | $30,123 |
| 2022 | $8,638 | $42,000 | $11,877 | $30,123 |
| 2021 | $8,446 | $41,999 | $11,877 | $30,122 |
| 2020 | $6,281 | $28,193 | $9,501 | $18,692 |
| 2019 | $6,169 | $30,703 | $9,501 | $21,202 |
| 2018 | $6,065 | $30,703 | $9,501 | $21,202 |
| 2017 | $5,457 | $25,348 | $7,839 | $17,509 |
| 2016 | $5,077 | $25,348 | $7,839 | $17,509 |
| 2015 | $4,645 | $25,348 | $7,839 | $17,509 |
| 2014 | $4,547 | $28,908 | $6,413 | $22,495 |
| 2013 | $4,779 | $28,908 | $6,413 | $22,495 |
Source: Public Records
Agents Affiliated with this Home
-
Catherine Rosenberg
Seller's Agent in 2025
Catherine Rosenberg
Berkshire Hathaway HomeServices Chicago
(312) 560-8940
11 in this area
37 Total Sales
-
Robert Sullivan
Buyer's Agent in 2025
Robert Sullivan
Berkshire Hathaway HomeServices Chicago
(773) 793-0458
48 in this area
134 Total Sales
-
Sharial Howard
Seller's Agent in 2024
Sharial Howard
@ Properties
(217) 722-0135
6 in this area
106 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12191021
APN: 20-11-212-120-1005
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked.
Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Nearby Homes
- 5112 S Kimbark Ave Unit 1
- 5110 S Woodlawn Ave Unit 3H
- 1151 E Hyde Park Blvd Unit 2D
- 1333 E Madison Park
- 5114 S Kenwood Ave Unit PHA
- 5114 S Kenwood Ave Unit 3B
- 5114 S Kenwood Ave Unit 1B
- 5114 S Kenwood Ave Unit PHB
- 5114 S Kenwood Ave Unit 1A
- 5114 S Kenwood Ave Unit 3A
- 5114 S Kenwood Ave Unit 4A
- 5114 S Kenwood Ave Unit 1C
- 5135 S Kimbark Ave
- 5140 S Kimbark Ave
- 1344 E Madison Park
- 1347 E Hyde Park Blvd
- 1356 E Hyde Park Blvd Unit 2
- 5200 S Woodlawn Ave
- 1360 E Madison Park Unit B
- 1327 E 52nd St Unit 202