$458,000 - $479,000
RENTED FEB 26, 2025

1312 S Federal St Unit C Chicago, IL 60605

Dearborn Park Neighborhood
2 Beds
1.5 Baths
1,281 Sq Ft
$367 Price per Sq Ft

Last Sold January 13, 2025

Last sale price $460,000 $359 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,236/month

Highlights

  • Wood Flooring
  • Laundry Room
  • Dining Room
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • 2-minute walk to Mary Richardson Jones Park

About This Home

As of February 2025

Located in Chicago's lively South Loop, this updated three-story townhouse offers 2 bedrooms, 1.5 bathrooms, and a blend of classic and modern charm. Freshly painted with original hardwood floors, it features a two-car garage on the ground floor, complete with extra storage and a half bath. The second level boasts an open layout with a living room, dining area, and kitchen with an oversized breakfast bar, perfect for entertaining. A balcony off the living room provides a quiet outdoor escape. Upstairs, two bedrooms with ample closet space, a full bath, and a laundry room complete the home. Close to dining, shopping, cultural spots, and public transit, this townhouse delivers comfort and convenience in a vibrant urban setting.

Last Agent to Rent the Property

Rafael Murillo

Compass License #475169040 Listed on: 01/27/2025

Compass

Co-Listed By

Lis Demiri

Compass License #475212294

Last Renter's Agent

Rafael Murillo

Compass License #475169040 Listed on: 01/27/2025

Compass

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,977

Year Built

  • Built in 1994

Lot Details

  • 871

Parking

  • 2 Car Attached Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,281 Sq Ft Home
  • 3-Story Property
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Wood Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms

Utilities

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

Community Details

  • Dogs and Cats Allowed

Listing and Financial Details

  • Property Available on 1/27/25
  • Rent includes water, parking, scavenger, snow removal

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,977

Year Built

Built in 1994

Lot Details

0

Parking

2

Rental Info

  • Available Date: 2025-01-27
  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Type of Rental Property: Attached
  • Rental Price: 3200
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Listing Details

  • Property Type: Residential Lease
  • Property Type: Residential Lease
  • Type Attached: T3-Townhouse 3+ Stories,Townhouse-TriLevel
  • Property Sub-Type: Attached
  • Year Built: 1994
  • Age: 31-40 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: ResidentialLease
  • MRD_WaterViewYN: No
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 3

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplaces: 1
  • LivingArea: 1281
  • Room Type: No additional rooms
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Flooring: Hardwood
  • ResoLivingAreaSource: Plans

Exterior Features

  • List Price: 3200
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • 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
  • Rent Includes: Water, Parking, Scavenger, Snow Removal, Other

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: 861

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2025
Closed on
Jan 11, 2025
Sold by
Tam Kenny and Tam Man K
Bought by
Dalipi Besnik
Seller's Agent
Rafael Murillo
Compass
Buyer's Agent
Rafael Murillo
Compass
Sold Price
$3,250
Views
22
Current Estimated Value
$469,618

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$466,368
Avg. Annual Appreciation
3.98%

Purchase Details

Closed on
Jul 15, 2004
Sold by
Montes Paul J and Montes Theresa F
Bought by
Tam Kenny and Tam Man K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
4.87%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 14, 1995
Sold by
Terry Cleo M
Bought by
Montes Paul J and Montes Theresa F

Purchase Details

Closed on
May 23, 1994
Sold by
American National Bk & Tr Co Of Chicago
Bought by
Terry Cleo M
Source: Public Records

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
Dalipi Besnik $460,000 Citywide Title
Tam Kenny $320,000 Multiple
Montes Paul J $180,000 --
Terry Cleo M $157,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tam Kenny $207,000
Previous Owner Tam Kenny $223,000
Previous Owner Tam Kenny $227,000
Previous Owner Tam Kenny $256,000
Previous Owner Tam Kenny $31,950
Previous Owner Montes Ii Paul J $153,900
Previous Owner Montes Paul $160,000
Previous Owner Montes Paul J $153,000
Previous Owner Terry Cleo M $132,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2025 02/26/25 Rented $3,250 +1.6% --
02/10/2025 02/10/25 Under Contract -- -- --
01/27/2025 01/27/25 For Rent $3,200 0.0% --
01/13/2025 01/13/25 Sold $460,000 0.0% $390 / Sq Ft
07/25/2024 07/25/24 Off Market $460,000 -- --
06/28/2024 06/28/24 For Sale $499,000 0.0% $423 / Sq Ft
02/20/2023 02/20/23 Rented $2,600 0.0% --
02/03/2023 02/03/23 For Rent $2,600 0.0% --
12/16/2022 12/16/22 Off Market $2,600 -- --
10/16/2022 10/16/22 Price Changed $2,600 -7.1% $2 / Sq Ft
09/26/2022 09/26/22 For Rent $2,800 +7.7% --
08/05/2020 08/05/20 Rented $2,600 0.0% --
07/12/2020 07/12/20 For Rent $2,600 +18.2% --
12/15/2016 12/15/16 For Rent $2,200 0.0% --
12/06/2016 12/06/16 Rented $2,200 0.0% --
12/05/2016 12/05/16 Off Market $2,200 -- --
11/20/2016 11/20/16 For Rent $2,200 -- --
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 $7,977 $43,954 $14,981 $28,973
2023 $7,754 $41,000 $12,054 $28,946
2022 $7,754 $41,000 $12,054 $28,946
2021 $7,598 $41,000 $12,054 $28,946
2020 $8,214 $39,975 $9,901 $30,074
2019 $8,041 $43,452 $9,901 $33,551
2018 $7,905 $43,452 $9,901 $33,551
2017 $6,075 $31,597 $8,179 $23,418
2016 $6,720 $36,050 $8,179 $27,871
2015 $6,125 $36,050 $8,179 $27,871
2014 $5,660 $33,074 $7,318 $25,756
2013 $5,537 $33,074 $7,318 $25,756
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12278191

Midwest Real Estate Data (MRED)

APN: 17-21-211-227-0000