$468,000 - $513,000
RENTED FEB 26, 2025

1246 S Federal St Unit C Chicago, IL 60605

Dearborn Park Neighborhood
3 Beds
2 Baths
1,800 Sq Ft
$272 Price per Sq Ft

Last Sold November 08, 2024

Last sale price $458,000 $254 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,321/month

About This Home

As of November 2024

Rehab: New bathrooms, hardwood floors, kitchen, added a 3rd bedroom on the 1st floor. Top of the line finishes expected to be ready for a mid-January move-in. Attached garage with EV parking.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2024
Closed on
Nov 5, 2024
Sold by
Clark Nishea Valerie
Bought by
Kelmendi Panarit
Seller's Agent
MaryAnn Marsh
@properties Christie's International Real Estate
Buyer's Agent
Luka Popovich
Luka Popovich
List Price
$495,000
Sold Price
$458,000
Premium/Discount to List
-$37,000
-7.47%
Views
65
Current Estimated Value
$489,821

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,821
Avg. Annual Appreciation
12.74%
Original Mortgage
$229,000
Outstanding Balance
$228,028
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$261,793

Purchase Details

Closed on
Jul 27, 1994
Sold by
American National Bk & Tr Co Of Chicago
Bought by
Lake Genevieve F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,400
Interest Rate
6.6%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Kelmendi Panarit $458,000 Proper Title
Kelmendi Panarit $458,000 Proper Title
Lake Genevieve F $164,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kelmendi Panarit $229,000
Closed Kelmendi Panarit $229,000
Previous Owner Clark Nishea Valerie $200,000
Previous Owner Clark Nishea Valerie $285,150
Previous Owner Clark Nishea Valerie $25,000
Previous Owner Clark Nishea Valerie $300,000
Previous Owner Lake Genevieve F $138,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2025 02/26/25 Rented $3,650 -99.2% --
02/14/2025 02/14/25 Under Contract -- -- --
11/08/2024 11/08/24 Sold $458,000 -3.6% $254 / Sq Ft
10/12/2024 10/12/24 Pending -- -- --
10/07/2024 10/07/24 Price Changed $475,000 -2.9% $264 / Sq Ft
09/10/2024 09/10/24 Price Changed $489,000 -1.2% $272 / Sq Ft
08/28/2024 08/28/24 For Sale $495,000 0.0% $275 / Sq Ft
07/09/2018 07/09/18 Rented $2,750 -1.8% --
06/01/2018 06/01/18 Under Contract -- -- --
05/17/2018 05/17/18 For Rent $2,799 -- --

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 $8,666 $45,000 $12,859 $32,141
2023 $8,666 $42,000 $10,346 $31,654
2022 $8,666 $42,000 $10,346 $31,654
2021 $8,471 $42,000 $10,346 $31,654
2020 $9,241 $41,482 $8,498 $32,984
2019 $9,059 $45,090 $8,498 $36,592
2018 $8,907 $45,090 $8,498 $36,592
2017 $8,365 $38,860 $7,020 $31,840
2016 $7,783 $38,860 $7,020 $31,840
2015 $7,121 $38,860 $7,020 $31,840
2014 $6,649 $35,838 $6,281 $29,557
2013 $6,518 $35,838 $6,281 $29,557
Source: Public Records

Agents Affiliated with this Home

  • Rafael Murillo

    Seller's Agent in 2025

    Rafael Murillo

    Compass

    (312) 375-4199

    1 in this area

    124 Total Sales

    Rafael Murillo
    Section Image

  • L

    Seller Co-Listing Agent in 2025

    Lis Demiri

    Compass

    (630) 890-3190

    Lis Demiri
    Section Image
  • MaryAnn Marsh

    Seller's Agent in 2024

    MaryAnn Marsh

    @ Properties

    (312) 682-8500

    4 in this area

    86 Total Sales

    MaryAnn Marsh
    Section Image

  • L

    Buyer's Agent in 2024

    Luka Popovich

    Luka Popovich

    2 in this area

    12 Total Sales

    Luka Popovich
    Section Image

  • L

    Seller's Agent in 2018

    Lauren Lowery

    Finders Plus Real Estate

    (312) 554-8840

    34 Total Sales

    Lauren Lowery
    Section Image
  • Victoria Jones

    Buyer's Agent in 2018

    Victoria Jones

    Compass

    (312) 404-4591

    23 Total Sales

    Victoria Jones
    Section Image
See All Agents

Map

Illinois Cook County Chicago 60605 Dearborn Park

1246 S Federal St Unit C, Chicago, IL

This home is located at 1246 S Federal St Unit C, Chicago, IL 60605 and is currently estimated at $489,821, approximately $272 per square foot. 1246 S Federal St Unit C 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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