$825,000
SOLD JUN 27, 2025

1227 E Madison Park Unit 2 Chicago, IL 60615

Kenwood Neighborhood
4 Beds
3 Baths
3,200 Sq Ft
$1,000/mo HOA Fee

Recently Sold

$258 Per Sq Ft

Highlights

  • Open Floorplan
  • Wood Flooring
  • Wine Refrigerator
  • Kenwood Academy High School Rated A-
  • Heated Sun or Florida Room
  • 4-minute walk to Elm Park

About This Home

As of June 2025

NEWLY GUT RENOVATED unit in beautiful boutique, elevator building in Madison Park. Sun drenched throughout, this sprawling 3,200 square feet on one level, condo includes 4 very spacious bedrooms and 3 baths. Every detail has been thoughtfully redesigned, renovated and updated including opening up and enlarging the kitchen area to include a large center island and easy flow into the grand dining room. The beautiful kitchen includes all new Bosch appliances, an abundance of designer cabinets from Studio 41, under cabinet lighting, wine refrigerator and large walk in kitchen pantry. The massive living room includes beautiful light fixtures, decorative tiled fireplace and original crown molding which continues throughout each room. The living room opens to the dining room and sunroom and overlooks the beautiful gardens in Madison Park. A cedar lined enclosed back porch is located off of the kitchen as well as a separate laundry room with full sized W/D, sink and cabinetry. All bathrooms have floor to ceiling custom shower tile with a double shower and double vanity in the primary bath. The primary bedroom was enlarged to include a large walk in closet. This condo truly lives like a single family home. Conveniently located close to multiple parks, public transportation, the lakefront, downtown Hyde Park, University of Chicago and a 10-15 minute drive to downtown. Large, private storage room is included. Solid association. No upcoming special assessments. Pet-friendly building. No rentals.

Last Agent to Sell the Property

Catherine Rosenberg

Berkshire Hathaway HomeServices Chicago License #475202949 Listed on: 04/12/2025

Berkshire Hathaway HomeServices Chicago

Last Buyer's Agent

Robert Sullivan

Berkshire Hathaway HomeServices Chicago License #475133936

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,893

Year Built

  • Built in 1914 | Remodeled in 2025

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
  • Decorative Fireplace
  • Window Screens
  • Entrance Foyer
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Den
  • Heated Sun or Florida Room
  • Storage
  • Wood Flooring
  • Intercom

Kitchen

  • <<doubleOvenToken>>
  • Cooktop<<rangeHoodToken>>
  • <<microwave>>
  • High End Refrigerator
  • Dishwasher
  • Wine Refrigerator
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Sink Near Laundry

Parking

  • 1 Parking Space
  • Unassigned Parking

Outdoor Features

  • Enclosed patio or porch

Utilities

  • Window Unit Cooling 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

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,893

Year Built

Built in 1914 | Remodeled in 2025

Lot Details

0

HOA Fees

$1,000 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • EntryLevel: 2
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 1914
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train,Historical District
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2025
  • MRD_WaterViewYN: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Renovated: 2025

Interior Features

  • Appliances: Double Oven, Microwave, Dishwasher, High End Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Wine Refrigerator, Cooktop, Oven, Range Hood, Other
  • Basement: Unfinished, Walk-Out Access
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Decorative
  • Fireplaces: 1
  • Flooring: Hardwood
  • Interior Amenities: Elevator, Storage, Open Floorplan, Special Millwork, Separate Dining Room
  • LivingArea: 3200
  • Other Equipment: Intercom
  • Room Type: Foyer, Den, Heated Sun Room, Pantry, Walk In Closet, Enclosed Porch
  • Stories Total: 3
  • Window Features: Screens
  • Estimated Total Finished Sq Ft: 3200
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 3200
  • Fireplace Location: Living Room
  • Total Sq Ft: 3200
  • Main Level Sq Ft: 3200
  • Flooring: Hardwood

Exterior Features

  • Construction Materials: Brick
  • List Price: 825000
  • Lot Features: Common Grounds
  • Roof: Rubber
  • Waterfront: No

Garage/Parking

  • Parking Features: Unassigned, On Site
  • ParkingTotal: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: Window Unit(s)
  • Heating: Natural Gas, Radiator(s)
  • Laundry Features: Washer Hookup, In Unit, Sink
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 1000
  • Association Amenities: Bike Room/Bike Trails, Elevator(s), Storage
  • Association Fee Frequency: Monthly
  • Management: Self-Management
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Self-Managed
  • Management Contact Name: Self-Managed
  • Management Phone: 999-999-9999

Fee Information

  • Association Fee Includes: Heat, Water, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 100

Tax Info

  • Tax Annual Amount: 8893.08
  • Tax Year: 2023

Multi Family

  • Units in Building: 6

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
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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

Source: Public Records

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

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12395990

Midwest Real Estate Data (MRED)

APN: 20-11-212-120-1005