NOT LISTED FOR SALE

1243 E Madison Park Chicago, IL 60615

Kenwood Neighborhood

Estimated Value: $788,000 - $1,221,000

5 Beds
3 Baths
3,200 Sq Ft
$338/Sq Ft Est. Value

Last Sold December 28, 2021

Last sale price $1,000,000 $312 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $6,884/month

6 Days on Market

Highlights

  • Attached Garage
  • Senior Tax Exemptions
  • 5-minute walk to Elm Park
  • Kenwood Academy High School Rated A-
  • Heated Garage

About This Home

As of December 2021

This architecturally and historically significant home was designed by famed, modernist architect Y.C .Wong, pupil of Mies van der Rohe. Design of this home followed simple abstract forms and features tan brick walls, beams for cornices and simple doors that earned architect praise in the American Institute of Architects'Guide to Chicago as "the ultimate in reticence". Built in 1969 this house had only one owner and retains most of the original elements designed by Y.C. Wong, including bathrooms and kitchen.This remarkable mid century gem has unique features including big forward-facing sliding doors/windows that open onto a high-walled front yard, facing private and peaceful Madison Park. The architect repeated this design with a wall of equally high sliding doors that seamlessly connect oversized living room with huge walled-in outdoor space facing South. Design of the rest of the house follows simplicity and modernist understanding of space. Large primary bedroom with a band of windows facing the park and en-suite bathroom is on the second level while four additional bedrooms are located on the top floor. Oversized two car garage and a mud room form an integral part of the house accessible from inside of the house with car entrance from Hyde Park Blvd. Flooring consist of hardwood floor in the living room AND wood parquet floors in three out of the five bedrooms and original tile floor in the kitchen and dining/family room. This house is unique in the quality of construction and amount of privacy it provides. As Y.C. Wong commented on his own home (the middle house this set of three townhouses): When I get home after a day's work, I just want to be home and I don't want to be on the street" Recent work done in the house includes brand new AC, roof work, new wooden floor in the living room, restoration of wooden staircase, repairs and replacement of some windows and window panes as well as painting of the entire interior of the house.

Last Agent to Sell the Property

Lilianna Sekula-Lark

Compass License #475143862 Listed on: 10/22/2021

Compass

Last Buyer's Agent

Sharial Howard

@properties Christie's International Real Estate License #475179545

@properties Christie's International Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • 1969

Lot Details

  • 4,792

HOA Fees

  • $42 per month

Parking

  • Attached Garage
  • Heated Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Included in Price

Interior Spaces

  • 3-Story Property

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Year Built

1969

Lot Details

0

HOA Fees

$42 per month

Parking

2

Listing Details

  • Property Type: Detached Single
  • Property Type: Residential
  • Type Detached: 3 Stories
  • Property Sub Type: 3 Stories
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Historical District
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Architectural Style: Row House
  • Directions: Exit to 51st from DuSable Lake Shore Drive, West to Woodlawn, right turn into Madison Park
  • Lot Size: 27X199
  • New Construction: No
  • Ownership: Fee Simple
  • Actual Status: Closed
  • Special Features: None
  • Year Built: 1969

Interior Features

  • Has Basement: None
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Possible Bedrooms: 5
  • Total Bedrooms: 5
  • Other Equipment: TV-Cable, Intercom, CO Detectors
  • Dining Room Type: Bedroom 5, Mud Room

Exterior Features

  • Roof: Rubber
  • Exterior Features: Deck, Roof Deck, Brick Paver Patio
  • Foundation Details: Brick/Mortar
  • Exterior Building Type: Brick,Glass,Masonite
  • Waterfront: No

Garage/Parking

  • Parking Features: Assigned, Unassigned, Off Street
  • Number of Cars: 5
  • Garage Details: Garage Door Opener(s),Transmitter(s),Heated
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned
  • Garage Spaces: 2
  • Total Parking Spaces: 3

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Electric: Circuit Breakers, 100 Amp Service
  • Laundry Features: In Unit
  • Sewer: Public Sewer
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Association Fee: 500
  • Association Fee Frequency: Annually
  • Community Features: Park, Sidewalks, Street Lights, Street Paved

Fee Information

  • Association Fee Includes: Other

Schools

  • Junior High Dist: 299

Lot Info

  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N
  • Zero Lot Line: No

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Exemptions: Homeowner,Senior
  • Tax Annual Amount: 10151
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2021
Closed on
Dec 21, 2021
Sold by
Mcnulty John W and Mcnulty James L
Bought by
Dairyko Gregory and Dairyko Mary Ellen
Seller's Agent
Lilianna Sekula-Lark
Compass
Buyer's Agent
Sharial Howard
@properties Christie's International Real Estate
List Price
$1,000,000
Sold Price
$1,000,000
Current Estimated Value
$1,081,060

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,060
Avg. Annual Appreciation
1.93%
Original Mortgage
$811,200
Outstanding Balance
$734,792
Interest Rate
2.5%
Mortgage Type
VA
Estimated Equity
$346,268

Purchase Details

Closed on
Nov 13, 1997
Sold by
Mcnulty John W
Bought by
Mcnulty John W and The John W Mcnulty Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Dairyko Gregory $1,000,000 Jp Title Inc
Mcnulty John W -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dairyko Gregory $811,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/28/2021 12/28/21 Sold $1,000,000 0.0% $313 / Sq Ft
10/29/2021 10/29/21 Pending -- -- --
10/22/2021 10/22/21 For Sale $1,000,000 -- $313 / 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 $14,610 $97,000 $29,648 $67,352
2024 $14,610 $97,000 $29,648 $67,352
2023 $14,192 $69,000 $23,910 $45,090
2022 $14,192 $69,000 $23,910 $45,090
2021 $12,670 $69,000 $23,910 $45,090
2020 $10,151 $51,151 $19,128 $32,023
2019 $9,930 $55,599 $19,128 $36,471
2018 $10,983 $55,599 $19,128 $36,471
2017 $10,328 $54,053 $15,780 $38,273
2016 $9,969 $54,053 $15,780 $38,273
2015 $9,905 $54,053 $15,780 $38,273
2014 $10,215 $55,055 $12,911 $42,144
2013 $9,193 $55,055 $12,911 $42,144
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11126118

Midwest Real Estate Data (MRED)

APN: 20-11-212-113-0000