$532,000
SOLD AUG 28, 2020

1302 S Federal St Unit B Chicago, IL 60605

Dearborn Park Neighborhood
3 Beds
2 Baths
1,460 Sq Ft
$275/mo HOA Fee

Recently Sold

$364 Per Sq Ft

2% Below List Price

35 Days on Market

Highlights

  • Wood Flooring
  • Fenced Yard
  • Skylights
  • Stainless Steel Appliances
  • Balcony
  • 3-minute walk to Roosevelt Park

About This Home

As of February 2024

Located in quaint and quiet Dearborn Park II in the South Loop, townhomes this well maintained with a professionally landscaped private yard are rarely available. With one shared wall, this townhome lives like a single family home with 3 bedrooms and 2 newly updated bathrooms. On the open main floor you'll find a living room, kitchen and dining room, with custom wainscoting and access to a private walk out balcony. On the top floor there is the master bedroom and second bedroom, with a full bathroom, laundry, and linen closet. The first floor has a 3rd bedroom, that can also be a family room, office or bonus space. The private garage allows easy access to your home and additional storage space. Other features: private backyard maintained by the HOA, guest parking passes available, new carpet on stairs, new backsplash in kitchen, remodeled and updated bathrooms. Close to the Roosevelt Station (green, orange, red lines), State St. bus, and easy highway access. South Loop Elementary, British International School and Jones College Prep are just a few schools in the area. Live near Target, Jewel, Mariano's, Trader Joes, Whole Foods, Icon Movie Theater, Roosevelt Shopping Collection, Museums, Grant Park, and the Lake Front.

Last Agent to Sell the Property

Jaclyn Hinton

Baird & Warner License #475177144 Listed on: 06/10/2020

Baird & Warner

Last Buyer's Agent

Naja Morris

@properties Christie's International Real Estate License #475145046

@properties Christie's International Real Estate

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $9,421

Year Built | Renovated

  • 1994 | 2019

Lot Details

  • Southern Exposure
  • East or West Exposure
  • Fenced Yard

HOA Fees

  • $275 per month

Parking

  • Attached Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Tar and Gravel Roof

Interior Spaces

  • Skylights
  • Gas Log Fireplace
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Utilities

  • Central Air
  • Heating System Uses Gas
  • Lake Michigan Water

Additional Features

  • Balcony
  • Property is near a bus stop

Community Details

  • Pets Allowed

Listing and Financial Details

  • Homeowner Tax Exemptions
  • $10,000 Seller Concession

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$9,421

Year Built | Renovated

1994 | 2019

Lot Details

0

HOA Fees

$275 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • General Information: Commuter Bus, Commuter Train
  • Recent Rehab: Yes
  • Unit Floor Level: 1
  • Age: 26-30 Years
  • Full Bathrooms: 2
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple w/ HO Assn.
  • Rehab Year: 2019
  • Total Full or Half Bathrooms: 2
  • Estimated Year Built: 1994
  • Tax Exemptions: Homeowner
  • Type Attached: T3-Townhouse 3+ Stories
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 3
  • Year Built: 1994
  • Year Renovated: 2019

Interior Features

  • Interior Property Features: Skylight(s), Hardwood Floors, 1st Floor Full Bath, Laundry Hook-Up in Unit
  • Number Of Rooms: 6
  • Living Room: Dimensions: 16X12, On Level: 2nd Level, Flooring: Hardwood
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, All Stainless Steel Kitchen Appliances
  • Equipment: Humidifier
  • Fireplace Details: Gas Logs, Gas Starter
  • Fireplace Location: Living Room
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 3
  • Dining Room: Dimensions: 10X10, On Level: 2nd Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 9X9, On Level: 2nd Level, Flooring: Hardwood, Windows: None
  • Kitchen Type: Eating Area-Breakfast Bar, Island
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 12X12, On Level: 3rd Level, Flooring: Carpet
  • Bedroom 2: Dimensions: 12X9, On Level: 3rd Level, Flooring: Carpet, Windows: Shades
  • Bedroom 3: Dimensions: 16X18, On Level: Main Level, Flooring: Hardwood
  • Estimated Sq Ft: 1460
  • Dining Room Type: Combined w/ LivRm

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick
  • Roof Type: Tar and Gravel
  • Exterior Property Features: Balcony
  • Exposure: S (South), W (West)

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Driveway: Asphalt
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Condo/Co-op/Association

  • Max Pet Weight: 100
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager Off-site
  • Pet Information: Cats OK, Dogs OK
  • Assessment Includes: Water, Common Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 275
  • Management Contact Name: Brandon Clayton
  • Management Phone: 312-944-2611

Fee Information

  • Management Company: Associa

Schools

  • School District: 299
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: 2356
  • Lot Description: Fenced Yard
  • Parcel Identification Number: 17212112180000

Multi Family

  • Total Number Unitsin Building: 4
  • Number Stories: 3

Tax Info

  • Taxes: 8247

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
35
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
4.61%
Original Mortgage
$512,999
Outstanding Balance
$506,273
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$98,376

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%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $570,000 Chicago Title
Warranty Deed $532,000 Greater Illinois Title
Warranty Deed $427,500 None Available
Warranty Deed $393,000 First American Title
Warranty Deed $347,000 Ticor Title Insurance Compan
Trustee Deed $111,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $512,999 New Conventional
Previous Owner $425,600 New Conventional
Previous Owner $287,500 New Conventional
Previous Owner $305,800 New Conventional
Previous Owner $308,000 New Conventional
Previous Owner $314,400 New Conventional
Previous Owner $273,600 Unknown
Previous Owner $68,000 Credit Line Revolving
Previous Owner $220,000 Unknown
Previous Owner $200,000 Balloon
Previous Owner $200,000 Balloon
Previous Owner $22,000 Stand Alone Second
Previous Owner $163,000 No Value Available
Closed $30,000 No Value Available
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: MRD10742685

Midwest Real Estate Data (MRED)

APN: 17-21-211-218-0000