NOT LISTED FOR SALE

1242 W Jackson Blvd Unit 4 Chicago, IL 60607

West Loop Neighborhood

Estimated Value: $1,284,000 - $1,685,185

4 Beds
3.5 Baths
3,400 Sq Ft
$582/mo HOA Fee

Last Sold April 15, 2022

Last sale price $1,550,000 $456 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $11,192/month

32 Days on Market

Highlights

  • Deck
  • Family Room with Fireplace
  • Wood Flooring
  • Skinner Elementary School Rated A-
  • Vaulted Ceiling
  • 4-minute walk to Skinner Park

About This Home

As of April 2022

Welcome to the West Loop! This spacious 3,400 sq ft, 4 Bed | 3.1 bath penthouse is in the heart of restaurants, transportation, parks and Skinner Elementary School. Intimate 7-unit building with an elevator. An entertainer's dream with the open living concept, chef's kitchen and massive 10' island, wine fridge and private rooftop deck! Vaulted cathedral ceilings and 6-tier skylights! The 2,000+ sq ft private rooftop deck is overlooking a beautiful tree-lined street and is accessible through floor to ceiling picture window doors. The rooftop features a custom pergola, multiple gardens & wet bar. The recessed lighting is like living among the stars. Character throughout with the contrast of the warm neutral colors, walnut flooring, 8' walnut doors, 2 fireplaces, and thick trim finishes. Bonus spaces like a formal dining space, second family room and full laundry room. Three En Suite bedrooms and a flex office/4th bedroom. Large primary suite with walk-in closets and a double vanity! 2 indoor heated garage spaces included.

Last Agent to Sell the Property

Steven Powers

Century 21 S.G.R., Inc. License #475146920 Listed on: 01/13/2022

Century 21 S.G.R., Inc.

Last Buyer's Agent

Laura Bibbo Katlin

@properties Christie's International Real Estate License #475123234

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $27,073

Year Built

  • Built in 2008

Lot Details

  • 6,011

HOA Fees

  • $582 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Off Alley Driveway
  • Parking Included in Price

Home Design

  • Rubber Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,400 Sq Ft Home
  • 4-Story Property
  • Wet Bar
  • Central Vacuum
  • Bar Fridge
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room
  • Wood Flooring
  • Sump Pump

Kitchen

  • <<doubleOvenToken>>
  • <<microwave>>
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • <<bathWithWhirlpoolToken>>
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Intercom

Accessible Home Design

  • Handicap Shower
  • Accessible Kitchen
  • Accessibility Features

Eco-Friendly Details

  • Air Purifier

Outdoor Features

  • Balcony
  • Deck
  • Outdoor Grill

Schools

  • Skinner Elementary School

Utilities

  • Zoned Heating and Cooling
  • Humidifier
  • Heating System Uses Natural Gas
  • 200+ Amp Service
  • Lake Michigan Water
  • Satellite Dish

Community Details

Overview

  • Association fees include water, electricity, insurance, exterior maintenance, scavenger, snow removal, internet
  • 7 Units
  • Mid-Rise Condominium
  • Penthouse
  • Property managed by self-management

Pet Policy

  • Dogs and Cats Allowed

Security

  • Storm Screens
  • Carbon Monoxide Detectors
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$27,073

Year Built

Built in 2008

Lot Details

0

HOA Fees

$582 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Mid Rise (4-6 Stories)
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,Mid Rise (4-6 Stories)
  • Year Built: 2008
  • Age: 11-15 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 4
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Appliances: Double Oven, Microwave, Dishwasher, Refrigerator, Bar Fridge, Freezer, Washer, Dryer, Disposal
  • Basement: None
  • Accessibility Features: Kitchen Modifications
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning, Gas Starter
  • Fireplaces: 2
  • Interior Amenities: Vaulted/Cathedral Ceilings, Skylight(s), Bar-Wet, Elevator, Hardwood Floors, Laundry Hook-Up in Unit
  • LivingArea: 3400
  • Other Equipment: Humidifier, Central Vacuum, TV-Dish, Security System, Intercom, Fire Sprinklers, CO Detectors, Ceiling Fan(s), Sump Pump, Air Purifier
  • Room Type: Walk In Closet
  • Stories Total: 4
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Whirlpool,Separate Shower,Handicap Shower,Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Family Room,Living Room
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Balcony, Deck, Storms/Screens, Outdoor Grill
  • Foundation Details: Concrete Perimeter
  • List Price: 1699000
  • Roof: Rubber
  • Waterfront: No
  • Exterior Building Type: Brick,Limestone

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Off Alley
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Zoned
  • Electric: 200+ Amp Service
  • Heating: Natural Gas
  • Laundry Features: In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 582
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: self-management
  • Management Contact Name: n/a
  • Management Phone: 000-000-0000X00000
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Electricity, Insurance, Exterior Maintenance, Scavenger, Snow Removal, Internet

Schools

  • Elementary School: Skinner Elementary School
  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 27073.39
  • Tax Year: 2020

Multi Family

  • Units in Building: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2022
Closed on
Apr 18, 2022
Sold by
Lass Thomas S and Lass Elisa A
Bought by
Chicago Title Land Trust Corp
Seller's Agent
Steven Powers
Century 21 S.G.R., Inc.
Buyer's Agent
Laura Bibbo Katlin
@properties Christie's International Real Estate
List Price
$1,699,000
Sold Price
$1,550,000
Premium/Discount to List
-$149,000
-8.77%
Current Estimated Value
$1,484,062

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$65,938
Avg. Annual Appreciation
-1.19%

Purchase Details

Listed on
Jan 13, 2022
Closed on
Apr 9, 2022
Sold by
Lass Thomas S and Lass Elisa A
Bought by
Chicago Title Land Trust Corporation
Seller's Agent
Steven Powers
Century 21 S.G.R., Inc.
Buyer's Agent
Laura Bibbo Katlin
@properties Christie's International Real Estate
List Price
$1,699,000
Sold Price
$1,550,000
Premium/Discount to List
-$149,000
-8.77%

Purchase Details

Closed on
Jul 29, 2011
Sold by
Fullard John
Bought by
Lass Thomas S and Lass Elisa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$685,600
Interest Rate
3.24%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 15, 2008
Sold by
Jdf Construction Co
Bought by
Fullard John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,536,000
Interest Rate
6.5%
Mortgage Type
Unknown
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
Chicago Title Land Trust Corp -- --
Chicago Title Land Trust Corporation $1,550,000 Chicago Title
Chicago Title Land Trust Corp -- --
Lass Thomas S $857,000 None Available
Fullard John -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lass Thomas S $818,500
Previous Owner Lass Thomas S $840,000
Previous Owner Lass Thomas S $715,000
Previous Owner Lass Thomas S $138,000
Previous Owner Lass Tomas S $682,000
Previous Owner Lass Thomas S $685,600
Previous Owner Fullard John $413,300
Previous Owner Fullard John $3,536,000
Previous Owner Fullard John $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2022 04/15/22 Sold $1,550,000 -8.8% $456 / Sq Ft
02/15/2022 02/15/22 Pending -- -- --
01/13/2022 01/13/22 For Sale $1,699,000 -- $500 / 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 $28,688 $144,881 $8,641 $136,240
2023 $27,260 $135,505 $4,739 $130,766
2022 $27,260 $135,505 $4,739 $130,766
2021 $26,666 $135,504 $4,738 $130,766
2020 $27,073 $121,128 $4,738 $116,390
2019 $26,723 $132,566 $4,738 $127,828
2018 $26,271 $132,566 $4,738 $127,828
2017 $21,803 $100,934 $4,181 $96,753
2016 $20,216 $100,934 $4,181 $96,753
2015 $18,496 $100,934 $4,181 $96,753
2014 $15,286 $82,387 $3,554 $78,833
2013 $14,984 $82,387 $3,554 $78,833
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11274419

Midwest Real Estate Data (MRED)

APN: 17-17-113-119-1007