NOT LISTED FOR SALE

1302 S Federal St Unit B Chicago, IL 60605

Dearborn Park Neighborhood

Estimated Value: $592,000 - $638,000

3 Beds
2 Baths
-- Sq Ft
$338/mo HOA Fee

Last Sold February 08, 2024

Last sale price $569,999

Est. 7% increase in value since last sale

Current estimated payment $4,539/month

69 Days on Market

Highlights

  • Wood Flooring
  • Formal Dining Room
  • Balcony
  • Terrace
  • Fenced Yard
  • 3-minute walk to Roosevelt Park

About This Home

As of February 2024

Welcome home to this corner end unit townhome with fenced-in private backyard. Enter this light-filled home to a foyer that leads to the 3rd bedroom/family room. Enjoy the built-in storage and Murphy bed that covers the entire north wall. This room has direct access to the backyard. The yard gets plenty of light via the south & western exposures. This floor also includes a full bath and does have access to the attached 1 car garage. Walk upstairs to the living level. The open floor plan includes a kitchen with island, overlooking the dining and living room. Turn on the fireplace to warm up those soon-to-be cold winter evenings. Enjoy the views of the Chicago north via south and west windows. 13 windows have been REPLACED along with the 1st floor sliding glass door and 2 full height stationary window in the living level. Access to a balcony is convenient for grilling or sipping coffee in the morning. The third floor includes 2 good sized bedrooms with ample closet space, an updated full bath and a new washer/dryer. This home includes lots of natural light along with the added benefit of previously installed recessed lighting. Steps to several parks, Marianos, public and private schools, the lake, loop and museums. Easy access to restaurants, nightlife and shopping. Ideally located near major expressways and CTA. WITHIN THE SOUTH LOOP SCHOOL BOUNDARIES. Enjoy this home with its beautiful interior and outdoor rooms!

Last Listed By

Terri Buseman

RE/MAX Premier License #475117355 Listed on: 10/31/2023

RE/MAX  Premier

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $9,227

Year Built

  • Built in 1994

Lot Details

  • Fenced Yard

HOA Fees

  • $338 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3-Story Property
  • Entrance Foyer
  • Living Room with Fireplace
  • Formal Dining Room
  • Wood Flooring
  • Laundry in unit

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Balcony
  • Terrace

Schools

  • South Loop Elementary School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 112 Units
  • Jeanne Molinelli Association, Phone Number (847) 459-1222
  • Property managed by Foster Premier

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$9,227

Year Built

Built in 1994

Lot Details

0

HOA Fees

$338 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: T3-Townhouse 3+ Stories
  • Ownership: Fee Simple w/ HO Assn.
  • New Construction: No
  • Property Sub-Type: T3-Townhouse 3+ Stories
  • Year Built: 1994
  • Age: 26-30 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 3

Interior Features

  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors
  • Room Type: Balcony/Porch/Lanai, Terrace, Other Room, Foyer
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0

Exterior Features

  • List Price: 569999
  • Lot Features: Fenced Yard
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Garage On-Site: Yes
  • Garage Type: Attached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 338
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Foster Premier
  • Management Contact Name: Jeanne Molinelli
  • Management Phone: 847-459-1222
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Elementary School: South Loop Elementary School
  • Middle/Junior School District: 299
  • Junior High/Middle School #2: Jones College Prep High School

Lot Info

  • Lot Dimensions: 800
  • 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: 9227
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 112

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2023
Closed on
Jan 31, 2024
Sold by
Huber Lance M and Huber Lance M
Bought by
Akinbolude Gideon and Tiehred-Oconnell Domino
Seller's Agent
Terri Buseman
RE/MAX Premier
Buyer's Agent
Margaret Williams
@properties
List Price
$569,999
Sold Price
$569,999
Total Days on Market
69
Views
265
Current Estimated Value
$610,281

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,282
Avg. Annual Appreciation
5.39%
Original Mortgage
$512,999
Outstanding Balance
$506,273
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$104,008

Purchase Details

Listed on
Jun 10, 2020
Closed on
Aug 18, 2020
Sold by
Chavez Peter
Bought by
Huber Trang Katie Nguyen and Huber Lance M
Seller's Agent
Jaclyn Hinton
Baird & Warner
Buyer's Agent
Naja Morris
@properties Christie's International Real Estate
List Price
$545,000
Sold Price
$532,000
Premium/Discount to List
-$13,000
-2.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.02%
Original Mortgage
$425,600
Interest Rate
2.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 29, 2016
Sold by
Colwell John and Colwell Tracy
Bought by
Fry Steffanie Triller

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,500
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 25, 2010
Sold by
Wu Mei
Bought by
Chavez Peter C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$314,400
Interest Rate
5.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 25, 2004
Sold by
Erese Rolito and Frose Realita
Bought by
Wu Mei

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,600
Interest Rate
4.62%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 28, 1994
Sold by
First Chicago Trust Company
Bought by
Vigilia Reulita and Erese Rolito

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,000
Interest Rate
7.32%

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
Akinbolude Gideon $570,000 Chicago Title
Huber Trang Katie Nguyen $532,000 Greater Illinois Title
Fry Steffanie Triller $427,500 None Available
Chavez Peter C $393,000 First American Title
Wu Mei $347,000 Ticor Title Insurance Compan
Vigilia Reulita $111,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Akinbolude Gideon $512,999
Previous Owner Huber Trang Katie Nguyen $425,600
Previous Owner Fry Steffanie Triller $287,500
Previous Owner Chavez Peter C $305,800
Previous Owner Chavez Peter $308,000
Previous Owner Chavez Peter C $314,400
Previous Owner Wu Mei $273,600
Previous Owner Erese Reulita Vigilia $68,000
Previous Owner Erese Rolito R $220,000
Previous Owner Erese Rolito R $200,000
Previous Owner Erese Rolito R $200,000
Previous Owner Erese Rolito R $22,000
Previous Owner Vigilia Reulita $163,000
Closed Wu Mei $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/08/2024 02/08/24 Sold $569,999 0.0% --
01/09/2024 01/09/24 Pending -- -- --
10/31/2023 10/31/23 For Sale $569,999 +7.1% --
08/28/2020 08/28/20 Sold $532,000 -2.4% $364 / Sq Ft
07/15/2020 07/15/20 Pending -- -- --
06/10/2020 06/10/20 For Sale $545,000 -- $373 / 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 $22,881 $31,119
2023 $9,421 $49,082 $18,410 $30,672
2022 $9,421 $49,082 $18,410 $30,672
2021 $9,228 $49,081 $18,410 $30,671
2020 $8,553 $41,496 $15,122 $26,374
2019 $8,373 $45,105 $15,122 $29,983
2018 $8,231 $45,105 $15,122 $29,983
2017 $7,634 $38,840 $12,492 $26,348
2016 $7,279 $38,840 $12,492 $26,348
2015 $6,637 $38,840 $12,492 $26,348
2014 $6,187 $35,914 $11,177 $24,737
2013 $6,054 $35,914 $11,177 $24,737
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11920331

Midwest Real Estate Data (MRED)

APN: 17-21-211-218-0000