NOT LISTED FOR SALE

1302 S Federal St Unit A Chicago, IL 60605

Dearborn Park Neighborhood

Estimated Value: $558,000 - $649,000

3 Beds
2 Baths
1,500 Sq Ft
$398/Sq Ft Est. Value

Last Sold February 08, 2022

Last sale price $540,000 $360 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $4,402/month

Highlights

  • Attached Garage
  • Combination Dining and Living Room
  • 3-minute walk to Roosevelt Park

About This Home

As of February 2022

Don't miss this gem. Tucked away among mature trees and lush foliage, yet close to transportation, restaurants, shopping and Grant Park, this 3-story townhome has been maintained to last and is move-in ready. Owner updates include: FiberFrame windows throughout, Trex decking, mechanicals and flooring. Come in from the private garage to a first floor ideal for guests, roommates, or wfh office separation. The true bedroom features a well designed closet and private patio with a small full bath next door. The open concept second floor, with east and south facing windows features high ceilings and hardwood floors throughout. The space includes the kitchen with stainless steel appliances, flat granite prep/serve island, and ample storage in 42 inch tall cabinets. The kitchen opens onto the dining area and living room with access to the deck - a flow perfect for weeknight grilling or hosting (remember when we did that?). The top floor has two bedrooms, both with windows on 2 walls to welcome the morning light, reach-in closet systems, and hardwood floors. The recently updated bathroom features a dual vanity and an extra-long tub. If your top "must haves" start with location, pride-in-ownership-maintenance and move-in-ready,you will love this home!

Last Listed By

Terrie Whittaker

Redfin Corporation License #471017483 Listed on: 12/25/2021

Redfin Corporation

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $9,421

Year Built

  • 1995

Lot Details

  • 1,002

HOA Fees

  • $275 per month

Parking

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

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Combination Dining and Living Room

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • 3 Units
  • K. Dean Association, Phone Number (847) 459-1222
  • Property managed by Foster Premier Inc

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$9,421

Year Built

1995

Lot Details

0

HOA Fees

$275 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • Property Type: Residential
  • Type Attached: T3-Townhouse 3+ Stories,Townhouse-TriLevel
  • Property Sub Type: T3-Townhouse 3+ Stories,Townhouse-TriLevel
  • Age: 26-30 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • Directions: State St to 14th W to Federal
  • Lot Size: 13X11X28X13X29X37
  • New Construction: No
  • Ownership: Fee Simple w/ HO Assn.
  • Subdivision Name: Dearborn Park
  • Special Features: None
  • Year Built: 1995

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Has Basement: None
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Full Bathrooms: 2
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Interior Amenities: Hardwood Floors, Wood Laminate Floors, First Floor Bedroom, First Floor Laundry, Laundry Hook-Up in Unit, Storage
  • Other Equipment: TV-Cable, Ceiling Fan(s)
  • Dining Room Type: No additional rooms
  • Stories: 3

Exterior Features

  • Exterior Features: Balcony, Deck, Patio, Porch, Stamped Concrete Patio, End Unit
  • Exterior Building Type: Brick
  • Waterfront: No

Garage/Parking

  • Number of Cars: 1
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage
  • Garage Spaces: 1

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Electric: Circuit Breakers
  • Laundry Features: Gas Dryer Hookup, In Unit
  • Sewer: Public Sewer
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Management: Self-Management
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Foster Premier Inc
  • Management Contact Name: K. Dean
  • Management Phone: 847-459-1222X3326
  • Association Fee: 275
  • Association Fee Frequency: Monthly
  • Pets Allowed: Cats OK, Dogs OK

Fee Information

  • Association Fee Includes: Water, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Schools

  • Junior High Dist: 299

Lot Info

  • Special Assessments: N

Rental Info

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

Multi Family

  • Units in Building: 3

Tax Info

  • Tax Exemptions: Homeowner
  • Tax Annual Amount: 8387.4
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 25, 2021
Closed on
Feb 10, 2022
Sold by
Champa Matthew and Hintzman Ann
Bought by
Sexton Benjamin and Morales Isabel
Seller's Agent
Terrie Whittaker
Redfin Corporation
Buyer's Agent
Melissa Dondalski
@properties Christie's International Real Estate
List Price
$525,000
Sold Price
$540,000
Premium/Discount to List
$15,000
2.86%
Total Days on Market
0
Current Estimated Value
$596,972

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,972
Avg. Annual Appreciation
2.85%
Original Mortgage
$486,000
Outstanding Balance
$454,575
Interest Rate
2.99%
Estimated Equity
$137,914

Purchase Details

Listed on
Dec 25, 2021
Closed on
Feb 4, 2022
Sold by
Champa Matthew and Hintzman Ann
Bought by
Sexton Benjamin and Morales Isabel
Seller's Agent
Terrie Whittaker
Redfin Corporation
Buyer's Agent
Melissa Dondalski
@properties Christie's International Real Estate
List Price
$525,000
Sold Price
$540,000
Premium/Discount to List
$15,000
2.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$486,000
Outstanding Balance
$454,575
Interest Rate
2.99%
Estimated Equity
$137,914

Purchase Details

Closed on
Jun 9, 2011
Sold by
Kness Thomas and Kness Julie R
Bought by
Champa Matthew and Hintzman Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,000
Interest Rate
4.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 4, 2010
Sold by
Kness Thomas
Bought by
Kness Thomas and Kness Julie R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,000
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 27, 2004
Sold by
Hopkins Mark H and Jacks Wendy S
Bought by
Kness Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Interest Rate
4.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 27, 2000
Sold by
Thurin Peter F and Thurin Jobie L
Bought by
Hopkins Mark H and Jacks Wendy S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 21, 1996
Sold by
Victor Kenneth E and Victor Lorraine M
Bought by
Thurin Peter F and Thurin Jobie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.98%
Mortgage Type
Balloon

Purchase Details

Closed on
Jan 20, 1994
Sold by
First Chicago Trust Company Of Illinois
Bought by
Victor Kenneth E and Victor Lorraine M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
7.22%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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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
Sexton Benjamin $540,000 --
Sexton Benjamin $540,000 --
Champa Matthew $390,000 First American Title Ins Co
Kness Thomas -- Cti
Kness Thomas $365,000 Chicago Title Insurance Comp
Hopkins Mark H $299,000 --
Thurin Peter F $190,000 --
Victor Kenneth E $105,666 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sexton Benjamin $486,000
Previous Owner Champa Matthew $336,800
Previous Owner Champa Matthew $351,000
Previous Owner Kness Thomas $388,000
Previous Owner Kness Thomas $381,600
Previous Owner Ansani Michael $645,000
Previous Owner Kness Thomas $381,600
Previous Owner Kness Thomas $25,000
Previous Owner Kness Thomas $88,000
Previous Owner Kness Thomas $292,000
Previous Owner Hopkins Mark H $100,000
Previous Owner Thurin Peter F $150,000
Previous Owner Victor Kenneth E $140,000
Closed Kness Thomas $54,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/08/2022 02/08/22 Sold $540,000 +2.9% $360 / Sq Ft
12/25/2021 12/25/21 Pending -- -- --
12/25/2021 12/25/21 For Sale $525,000 -- $350 / 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 $9,421 $54,000 $17,487 $36,513
2023 $9,421 $49,082 $14,070 $35,012
2022 $9,421 $49,082 $14,070 $35,012
2021 $9,228 $49,081 $14,070 $35,011
2020 $8,567 $41,561 $11,557 $30,004
2019 $8,387 $45,176 $11,557 $33,619
2018 $8,245 $45,176 $11,557 $33,619
2017 $7,634 $38,840 $9,547 $29,293
2016 $7,279 $38,840 $9,547 $29,293
2015 $6,637 $38,840 $9,547 $29,293
2014 $6,187 $35,914 $8,542 $27,372
2013 $6,532 $35,914 $8,542 $27,372
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11299713

Midwest Real Estate Data (MRED)

APN: 17-21-211-221-0000