NOT LISTED FOR SALE

1242 S Federal St Unit F Chicago, IL 60605

Dearborn Park Neighborhood

Estimated Value: $635,141 - $676,000

2 Beds
1.5 Baths
1,510 Sq Ft
$437/Sq Ft Est. Value

Last Sold December 15, 2023

Last sale price $565,000 $374 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $4,790/month

7 Days on Market

Highlights

  • 1 Fireplace
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Den
  • Laundry closet
  • 2-minute walk to Mary Richardson Jones Park

About This Home

As of December 2023

This bright and spacious three level townhome is on a beautiful tree lined street and features a Private, Attached TWO car garage. Located in the South Loop's highly desirable Dearborn Park II. The large front yard creates a private garden oasis and allows this corner unit to feel like a detached single family home. Floor-to-ceiling wrap-around windows allow light to beam in from three different exposures. The first floor has an office that could easily be converted to a third bedroom. The second floor is perfect for entertaining as it contains the living room with fireplace, dining room, kitchen, powder room, and a large deck. The third floor has the primary bedroom with floor-to-ceiling windows and ample closet space. The third floor bathroom features a dual vanity sink and deep soaking jacuzzi tub. Fantastic association & professionally managed community handles all outdoor landscaping, snow removal and exterior maintenance on the building. Prime location close to all public transportation, South Loop Elementary, British Academy, Day Star, Old St. Marys and Jones College Prep Schools. Easily walk to Loop, Target, Jewel, Trader Joes, Whole Foods, Movie Theater, Museums, Grant Park and the Lake Front. Association replaced roof and redid the tuckpointing on the property within the last two years ago. Property SOLD AS IS.

Last Agent to Sell the Property

Brett Picarazzi

@properties Christie's International Real Estate Listed on: 11/01/2023

@properties Christie's International Real Estate

Last Buyer's Agent

Cynthia Bauer

RE/MAX Premier License #471014829

RE/MAX  Premier

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $10,691

Year Built

  • Built in 1995

Lot Details

  • 1,655

HOA Fees

  • $337 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,510 Sq Ft Home
  • 3-Story Property
  • 1 Fireplace
  • Combination Dining and Living Room
  • Den

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

Overview

  • Association fees include water, insurance, lawn care, scavenger, snow removal
  • 117 Units
  • Joe Association, Phone Number (312) 944-2611
  • Property managed by Legum & Norman, Mid-West

Pet Policy

  • Dogs and Cats Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$10,691

Year Built

Built in 1995

Lot Details

0

HOA Fees

$337 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: T3-Townhouse 3+ Stories
  • Ownership: Fee Simple w/ HO Assn.
  • New Construction: No
  • Property Sub-Type: T3-Townhouse 3+ Stories
  • Year Built: 1995
  • Age: 26-30 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 3

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Freezer, Washer, Dryer, Disposal
  • Basement: None
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplaces: 1
  • LivingArea: 1510
  • Room Type: Den
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 1510
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • List Price: 575000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Electric Dryer Hookup, In Unit, Laundry Closet
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 337
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Legum & Norman, Mid-West
  • Management Contact Name: Joe
  • Management Phone: 312-944-2611
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: 0.038
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 10691
  • Tax Year: 2021

Multi Family

  • Units in Building: 117

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2023
Closed on
Dec 12, 2023
Sold by
Bertok Barbara
Bought by
Kathleen Obrien Trust and Obrien
Seller's Agent
Brett Picarazzi
@properties Christie's International Real Estate
Buyer's Agent
Cynthia Bauer
RE/MAX Premier
List Price
$575,000
Sold Price
$565,000
Premium/Discount to List
-$10,000
-1.74%
Views
118
Current Estimated Value
$645,469

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,469
Avg. Annual Appreciation
8.01%
Original Mortgage
$339,000
Outstanding Balance
$334,989
Interest Rate
7.76%
Mortgage Type
New Conventional
Estimated Equity
$308,057

Purchase Details

Closed on
Apr 8, 1994
Sold by
American National Bk & Tr Co Of Chicago
Bought by
Bertok Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,360
Interest Rate
7.66%
Source: Public Records

Range of Values:

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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
Kathleen Obrien Trust $565,000 First American Title
Bertok Barbara $136,666 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kathleen Obrien Trust $339,000
Previous Owner Bertok Barbara $134,000
Previous Owner Bertok Barbara $240,000
Previous Owner Bertok Barbara $186,360
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Sold $565,000 -1.7% $374 / Sq Ft
11/09/2023 11/09/23 Pending -- -- --
11/01/2023 11/01/23 For Sale $575,000 -- $381 / 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 $11,226 $57,098 $28,449 $28,649
2023 $10,903 $59,000 $22,890 $36,110
2022 $10,903 $59,000 $22,890 $36,110
2021 $10,691 $59,000 $22,890 $36,110
2020 $8,355 $43,091 $18,802 $24,289
2019 $8,170 $46,838 $18,802 $28,036
2018 $8,031 $46,838 $18,802 $28,036
2017 $9,038 $48,062 $15,532 $32,530
2016 $8,769 $48,062 $15,532 $32,530
2015 $8,326 $48,062 $15,532 $32,530
2014 $6,929 $39,914 $13,897 $26,017
2013 $6,781 $39,914 $13,897 $26,017
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11921622

Midwest Real Estate Data (MRED)

APN: 17-21-211-252-0000