NOT LISTED FOR SALE

1242 S Federal St Chicago, IL 60605

Dearborn Park Neighborhood

Estimated Value: $459,965 - $639,000

1 Bed
2 Baths
1,239 Sq Ft
$439/Sq Ft Est. Value

About This Home

This home is located at 1242 S Federal St, Chicago, IL 60605 and is currently estimated at $543,741, approximately $438 per square foot. 1242 S Federal St is a home located in Cook County with nearby schools including South Loop Elementary School, Wendell Phillips Academy High School, and British International School of Chicago, South Loop.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 29, 2019
Sold by
Spray Lawrence and Spray Jane
Bought by
Mangan Penny
Current Estimated Value
$543,741

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 12, 2017
Sold by
Ellen Gentleman
Bought by
Spray Lawrence and Spray Jane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$361,000
Interest Rate
3.89%

Purchase Details

Closed on
Dec 14, 2007
Sold by
Carroll Timothy J and Carroll Jean
Bought by
Gentleman Ellen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,200
Interest Rate
6.31%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 22, 2005
Sold by
Witt Kimberly M
Bought by
Carroll Timothy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
6.05%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 25, 1994
Sold by
First Chicago Trust Company Of Illinois
Bought by
Witt Kimberly M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,500
Interest Rate
7.02%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
Mangan Penny -- Fidelity National Title Insu
Spray Lawrence $380,000 --
Gentleman Ellen $389,500 Ticor Title
Carroll Timothy J $360,000 Atgf Inc
Witt Kimberly M $104,666 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Mangan Penny --
Open Mangan Penny $100,000
Closed Mangan Penny $100,000
Closed Mangan Penny $40,000
Open Mangan Penny $297,450
Closed Mangan Penny $320,000
Previous Owner Spray Lawrence $361,000
Previous Owner Spray Lawrence --
Previous Owner Gentleman Ellen $288,800
Previous Owner Gentleman Ellen $311,200
Previous Owner Carroll Timothy J $235,000
Previous Owner Witt Kimberly M $140,000
Previous Owner Witt Kimberly M $40,000
Previous Owner Witt Kimberly M $133,500
Source: Public Records

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 $8,891 $43,999 $18,583 $25,416
2023 $8,666 $42,000 $14,952 $27,048
2022 $8,666 $42,000 $14,952 $27,048
2021 $8,471 $42,000 $14,952 $27,048
2020 $8,157 $36,615 $12,282 $24,333
2019 $7,996 $39,799 $12,282 $27,517
2018 $8,562 $43,346 $12,282 $31,064
2017 $7,750 $36,002 $10,146 $25,856
2016 $6,353 $36,002 $10,146 $25,856
2015 $5,773 $36,002 $10,146 $25,856
2014 $5,310 $33,023 $9,078 $23,945
2013 $5,186 $33,023 $9,078 $23,945
Source: Public Records

Map

Illinois Cook County Chicago 60605 Dearborn Park

1242 S Federal St, Chicago, IL

This home is located at 1242 S Federal St, Chicago, IL 60605 and is currently estimated at $543,741, approximately $438 per square foot. 1242 S Federal St is a home located in Cook County with nearby schools including South Loop Elementary School, Wendell Phillips Academy High School, and British International School of Chicago, South Loop.

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