Seller's Agent in 2024
Scott Berg
Berg Properties
(773) 960-2462
5 in this area
578 Total Sales
1242 S State St Chicago, IL 60605
Dearborn Park NeighborhoodEstimated Value: $1,081,000 - $1,135,000
3
Beds
3.5
Baths
1,872
Sq Ft
$595/Sq Ft
Est. Value
Highlights
- Rooftop Deck
- 4-minute walk to Roosevelt Station (Green, Orange Lines)
- Property is near park
- South Loop Elementary School Rated 9+
- Gated Community
- 3-minute walk to Mary Richardson Jones Park
About This Home
As of July 2024Rarely available single family home in Dearborn Park II of the South Loop. Includes 3 bedrooms on 2nd level with cathedral ceilings, master en suite, laundry and additional work space; two bedrooms with floor to ceiling built-in book shelves. Main floor has separate living, dining and family rooms with one fireplace. There are hardwood floors on 1st and 2nd floors. 10 new windows recently installed and a side by side laundry room with new washer/dryer on the second floor. Additionally, new refrigerator and double oven. Primary bath has glass enclosed multi jet head rain shower. Fully finished lower which includes office or exercise room, rec room, full bathroom and large storage room. Approx. 2600 sq ft. Amazing rooftop garage deck with views of the Willis Tower to maximize outdoor living and dining spaces. Additional lower level patio, 2 car detached garage in gated alley. Prime location: steps to schools, museums, Grant Park, lake, loop, grocery, and transportation. There is a neighborhood pool option in the summer (additional cost).
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $17,991
Year Built
- Built in 1995 | Remodeled in 2021
Lot Details
- Fenced Yard
- Paved or Partially Paved Lot
HOA Fees
- $108 Monthly HOA Fees
Parking
- 2 Car Detached Garage
- Garage Transmitter
- Garage Door Opener
- Off Alley Driveway
- Parking Included in Price
Home Design
- Traditional Architecture
- Asphalt Roof
- Concrete Perimeter Foundation
- Cedar
Interior Spaces
- 2-Story Property
- Vaulted Ceiling
- Skylights
- Wood Burning Fireplace
- Fireplace With Gas Starter
- Family Room with Fireplace
- Combination Dining and Living Room
- Home Office
- Wood Flooring
- Unfinished Attic
- Laundry on upper level
Kitchen
- Range with Range Hood
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
- Dual Sinks
- Shower Body Spray
Finished Basement
- Basement Fills Entire Space Under The House
- Finished Basement Bathroom
Outdoor Features
- Rooftop Deck
- Brick Porch or Patio
Location
- Property is near park
Schools
- South Loop Elementary School
- Phillips Academy High School
Utilities
- Central Air
- Heating System Uses Natural Gas
- Lake Michigan Water
Community Details
Overview
- Association fees include exterior maintenance, lawn care, snow removal
- Jason Knupp Association, Phone Number (773) 852-6401
- Dearborn Park II Subdivision
Security
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 26, 2023
Closed on
Jun 28, 2024
Sold by
Cayemberg John Patrick and Cayemberg Jennifer Braund
Bought by
Venugopal Venkatalakshmi and Sivasubramanian Arvind
Seller's Agent
Scott Berg
Berg Properties
Buyer's Agent
Brendan O'Connor
Baird & Warner
List Price
$1,150,000
Sold Price
$1,049,000
Premium/Discount to List
-$101,000
-8.78%
Views
288
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,357
Avg. Annual Appreciation
3.60%
Original Mortgage
$734,300
Outstanding Balance
$704,874
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$409,483
Purchase Details
Closed on
Dec 11, 2010
Sold by
Ratner Stacy J
Bought by
Cayemberg John P and Cayemberg Jennifer B
Purchase Details
Closed on
Jun 27, 2005
Sold by
Axelrod David and Pitts Jennifer
Bought by
Ratner Stacy J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
5.86%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Aug 6, 2003
Sold by
Rotfeld Steven L and Rotfeld Adrianne W
Bought by
Axelrod David and Pitts Jennifer
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$499,950
Interest Rate
4.5%
Mortgage Type
Unknown
Purchase Details
Closed on
Sep 27, 1998
Sold by
Kelly Michael A and Kelly Bonnie M
Bought by
Rotfeld Steven L and Rotfeld Adrianne W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,000
Interest Rate
6.12%
Purchase Details
Closed on
Apr 28, 1994
Sold by
Melk Development Mcl Dearborn Park Ltd P
Bought by
Kelly Michael A and King Bonnie M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$301,950
Interest Rate
4.25%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Venugopal Venkatalakshmi | $1,049,000 | None Listed On Document | |
| Cayemberg John P | $657,500 | First American | |
| Ratner Stacy J | $725,000 | Multiple | |
| Axelrod David | $695,000 | Multiple | |
| Rotfeld Steven L | $374,000 | -- | |
| Kelly Michael A | $280,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Venugopal Venkatalakshmi | $734,300 | |
| Previous Owner | Ratner Stacy J | $350,000 | |
| Previous Owner | Axelrod David | $499,950 | |
| Previous Owner | Rotfeld Steven L | $294,000 | |
| Previous Owner | Kelly Michael A | $301,950 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/02/2024 07/02/24 | Sold | $1,049,000 | -0.9% | $560 / Sq Ft |
| 05/02/2024 05/02/24 | Pending | -- | -- | -- |
| 09/15/2023 09/15/23 | Price Changed | $1,059,000 | -0.6% | $566 / Sq Ft |
| 07/13/2023 07/13/23 | Price Changed | $1,065,000 | -0.9% | $569 / Sq Ft |
| 06/22/2023 06/22/23 | Price Changed | $1,075,000 | -1.3% | $574 / Sq Ft |
| 06/08/2023 06/08/23 | Price Changed | $1,089,000 | -0.9% | $582 / Sq Ft |
| 05/22/2023 05/22/23 | Price Changed | $1,099,000 | -1.4% | $587 / Sq Ft |
| 05/09/2023 05/09/23 | Price Changed | $1,115,000 | -1.3% | $596 / Sq Ft |
| 04/14/2023 04/14/23 | Price Changed | $1,130,000 | -1.7% | $604 / Sq Ft |
| 01/26/2023 01/26/23 | For Sale | $1,150,000 | -- | $614 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
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 |
|---|---|---|---|---|
| 2025 | $18,885 | $86,000 | $42,178 | $43,822 |
| 2024 | $18,885 | $86,000 | $42,178 | $43,822 |
| 2023 | $18,385 | $92,530 | $33,936 | $58,594 |
| 2022 | $18,385 | $92,530 | $33,936 | $58,594 |
| 2021 | $17,991 | $92,529 | $33,936 | $58,593 |
| 2020 | $17,715 | $82,625 | $27,876 | $54,749 |
| 2019 | $17,355 | $89,810 | $27,876 | $61,934 |
| 2018 | $17,062 | $89,810 | $27,876 | $61,934 |
| 2017 | $14,972 | $72,925 | $23,028 | $49,897 |
| 2016 | $14,106 | $72,925 | $23,028 | $49,897 |
| 2015 | $12,882 | $72,925 | $23,028 | $49,897 |
| 2014 | $10,860 | $61,100 | $20,604 | $40,496 |
| 2013 | $10,634 | $61,100 | $20,604 | $40,496 |
Source: Public Records
Agents Affiliated with this Home
-
Scott Berg
-
Brendan O'Connor
Buyer's Agent in 2024
Brendan O'Connor
Baird & Warner
(773) 326-6500
1 in this area
19 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11707575
APN: 17-21-214-066-0000
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Based on information submitted to the MLS GRID
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