$846,000 - $928,000
RENTED AUG 19, 2025

1241 N Dearborn St Unit 4 Chicago, IL 60610

Gold Coast Neighborhood
3 Beds
2 Baths
1,800 Sq Ft
$491 Price per Sq Ft

Last Sold December 23, 2015

Last sale price $627,500 $349 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $6,540/month

Highlights

  • Open Floorplan
  • 3-minute walk to Clark/Division Station
  • Balcony
  • Lincoln Park High School Rated A
  • Wood Flooring
  • 3-minute walk to Goudy (William) Square Park

About This Home

As of August 2025

Full floor recent rehab condo with direct keyed elevator access in boutique 5 unit Gold Coast building. Available immediately. Rehab included all major finishes and mechanicals. Large open concept with wall of west facing windows in the living/dining area. Open kitchen with breakfast bar, stainless steel appliances, wine fridge, quartz countertops, and tile backsplash. Hardwood floors throughout the unit. Large primary suite with organized walk in closet, attached bath with dual vanity and large shower with bench. Bedrooms 2 and 3 can accommodate queen sized furniture and include organized closets. Large private balcony measures 20' x 5'. Washer/Dryer in unit, central heat and AC, large storage room at ground level. One parking space included. Pets permitted. Prime Gold Coast location steps to RH, CTA red line, restaurants, parks, bars, shops, groceries, etc. Very rare boutique building in an incredible location.

Last Agent to Rent the Property

Ben Dohmen

Benjamin Dohmen License #471010587 Listed on: 07/23/2025

Last Renter's Agent

Kirste Gaudet

@properties Christie's International Real Estate License #475135256

@properties Christie's International Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $21,099

Year Built

  • Built in 1981 | Remodeled in 2020

Home Design

  • Property Attached
  • Entry on the 4th floor
  • Brick Exterior Construction

Interior Spaces

  • 1,800 Sq Ft Home
  • Elevator
  • Open Floorplan
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Wood Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Full Bathrooms
  • Dual Sinks

Parking

  • 1 Parking Space
  • Off Alley Parking
  • Parking Included in Price

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating and Cooling System
  • Lake Michigan Water

Listing and Financial Details

  • Property Available on 7/23/25
  • Rent includes water, parking, scavenger, exterior maintenance, storage lockers, snow removal

Community Details

Overview

  • 5 Units
  • Mike Truesdell Association, Phone Number (312) 543-5078
  • 5-Story Property

Amenities

  • Community Storage Space

Recreation

  • Bike Trail

Pet Policy

  • Pets up to 75 lbs
  • Limit on the number of pets
  • Pet Size Limit
  • Dogs and Cats Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$21,099

Year Built

Built in 1981 | Remodeled in 2020

Lot Details

0

Rental Info

  • Available Date: 2025-07-23
  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Rental Price: 6000
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 75

Listing Details

  • Property Type: Residential Lease
  • Property Type: Residential Lease
  • EntryLevel: 4
  • Property Attached: Yes
  • Year Built: 1981
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2020
  • MRD_WaterViewYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 5
  • Year Renovated: 2020

Interior Features

  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Flooring: Hardwood
  • Furnished: No
  • Interior Amenities: Elevator, Open Floorplan
  • LivingArea: 1800
  • Room Type: Balcony/Porch/Lanai
  • Stories Total: 5
  • Window Features: Drapes
  • Estimated Total Finished Sq Ft: 0
  • Bathroom Amenities: Double Sink
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Flooring: Hardwood

Exterior Features

  • Construction Materials: Brick
  • List Price: 6000
  • Waterfront: No

Garage/Parking

  • Parking Features: Off Alley, On Site, Owned
  • ParkingTotal: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air
  • Laundry Features: Washer Hookup, In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit, Size Limit
  • Association Amenities: Bike Room/Bike Trails, Elevator(s), Storage
  • Rent Includes: Water, Parking, Scavenger, Exterior Maintenance, Storage Lockers, Snow Removal
  • Management Company: Self managed
  • Management Contact Name: Mike Truesdell
  • Management Phone: 312-543-5078

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: COMMON

Multi Family

  • Units in Building: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 27, 2020
Sold by
Desh George V and Desh Sharon
Bought by
1241 N Dearborn 4 Acquisition Llc
Current Estimated Value
$884,396

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Outstanding Balance
$466,108
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
$418,288

Purchase Details

Listed on
Sep 3, 2015
Closed on
Dec 23, 2015
Sold by
Smoliak Stella
Bought by
Desh George V and Desh Sharon
Seller's Agent
Julie Yurov
Realty Advisors Elite LLC
Buyer's Agent
Matt Laricy
Americorp, Ltd
List Price
$669,000
Sold Price
$627,500
Premium/Discount to List
-$41,500
-6.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.59%
Original Mortgage
$470,625
Interest Rate
2.99%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Apr 29, 2015
Closed on
May 28, 2015
Sold by
Wong Lisa
Bought by
Smoliak Stella
Seller's Agent
Sherri Kramer
Coldwell Banker Realty
Buyer's Agent
Julie Yurov
Realty Advisors Elite LLC
List Price
$550,000
Sold Price
$522,000
Premium/Discount to List
-$28,000
-5.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
38.12%

Purchase Details

Closed on
Nov 19, 2003
Sold by
Steger Steven G and Padgitt Sarah M
Bought by
Cehovic George

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.01%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 23, 1998
Sold by
American National Bk & Tr Co Of Chicago
Bought by
Steger Steven G and Padgitt Sarah M

Purchase Details

Closed on
Sep 13, 1993
Sold by
American Natl Bk & Tr Company Of Chicago
Bought by
American Natl Bk & Tr Company Of Chicago and Trust #117360-06

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
7.24%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
1241 N Dearborn 4 Acquisition Llc $750,000 Chicago Title
Desh George V $627,500 Chicago Title
Smoliak Stella $522,000 Proper Title Llc
Cehovic George $500,000 St
Steger Steven G $289,000 Law Title Insurance Company
American Natl Bk & Tr Company Of Chicago $280,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1241 N Dearborn 4 Acquisition Llc $525,000
Previous Owner Desh George V $470,625
Previous Owner Cehovic George $400,000
Previous Owner Steger Steven G $275,000
Previous Owner Steger Steven G $274,000
Previous Owner American Natl Bk & Tr Company Of Chicago $220,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2025 08/19/25 Rented $6,000 0.0% --
07/23/2025 07/23/25 For Rent $6,000 +20.0% --
03/17/2021 03/17/21 Rented $5,000 0.0% --
03/15/2021 03/15/21 Under Contract -- -- --
03/12/2021 03/12/21 For Rent $5,000 0.0% --
12/23/2015 12/23/15 Sold $627,500 -4.2% $349 / Sq Ft
11/06/2015 11/06/15 Pending -- -- --
10/08/2015 10/08/15 Price Changed $655,000 -0.6% $364 / Sq Ft
09/22/2015 09/22/15 Price Changed $659,000 -1.5% $366 / Sq Ft
09/03/2015 09/03/15 For Sale $669,000 +28.2% $372 / Sq Ft
05/28/2015 05/28/15 Sold $522,000 -5.1% --
05/04/2015 05/04/15 Pending -- -- --
04/29/2015 04/29/15 For Sale $550,000 -- --
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 $21,099 $74,460 $21,958 $52,502
2023 $20,568 $100,000 $17,680 $82,320
2022 $20,568 $100,000 $17,680 $82,320
2021 $20,109 $99,999 $17,679 $82,320
2020 $12,191 $57,825 $12,375 $45,450
2019 $11,918 $62,750 $12,375 $50,375
2018 $11,717 $62,750 $12,375 $50,375
2017 $10,510 $52,199 $9,900 $42,299
2016 $9,955 $52,199 $9,900 $42,299
2015 $9,085 $52,199 $9,900 $42,299
2014 $9,868 $55,754 $7,955 $47,799
2013 -- $55,754 $7,955 $47,799
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12428164

Midwest Real Estate Data (MRED)

APN: 17-04-224-048-1004