NOT LISTED FOR SALE

1242 S Federal St Chicago, IL 60605

Dearborn Park Neighborhood

Estimated Value: $668,077 - $729,000

2 Beds
2 Baths
1,586 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 $696,519, approximately $439 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
May 4, 2021
Sold by
Glover Jonathan and Glover Robin
Bought by
Beh Jeremy
Current Estimated Value
$685,414

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Outstanding Balance
$439,717
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$233,400

Purchase Details

Closed on
Mar 4, 2016
Sold by
Parrish Priya and Parrish Rebecca
Bought by
Glover Robin and Glover Jonathan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$508,250
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 25, 2011
Sold by
Staudacher Edward and Staudacher Cassandra
Bought by
Parrish Priya and Parrish Rebecca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,000
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 23, 2003
Sold by
Gaffney Noelle M
Bought by
Staudacher Edward and Staudacher Cassandra

Purchase Details

Closed on
Mar 9, 1994
Sold by
First Chicago Trust Company Of Illinois
Bought by
Gaffney Noelle M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
6%
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
Beh Jeremy $600,000 Baird & Warner Ttl Svcs Inc
Glover Robin $535,000 Attorney
Parrish Priya $435,000 Chicago Title Insurance Co
Staudacher Edward $395,000 Cti
Gaffney Noelle M $116,333 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beh Jeremy $480,000
Previous Owner Glover Robin $508,250
Previous Owner Parrish Priya $336,000
Previous Owner Parrish Priya $348,000
Previous Owner Parrish Priya $348,000
Previous Owner Gaffney Noelle M $230,500
Previous Owner Gaffney Noelle M $198,900
Previous Owner Gaffney Noelle M $35,000
Previous Owner Gaffney Noelle M $80,000
Previous Owner Gaffney Noelle M $160,100
Previous Owner Gaffney Noelle M $170,000
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 $12,066 $59,029 $21,785 $37,244
2023 $11,761 $57,000 $17,528 $39,472
2022 $11,761 $57,000 $17,528 $39,472
2021 $10,825 $57,000 $17,528 $39,472
2020 $9,446 $45,504 $14,398 $31,106
2019 $9,248 $49,461 $14,398 $35,063
2018 $9,092 $49,461 $14,398 $35,063
2017 $9,621 $48,066 $11,894 $36,172
2016 $9,127 $48,066 $11,894 $36,172
2015 $8,327 $48,066 $11,894 $36,172
2014 $6,506 $37,636 $10,642 $26,994
2013 $6,367 $37,636 $10,642 $26,994
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 $696,519, approximately $439 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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