NOT LISTED FOR SALE

1314 S Federal St Unit A Chicago, IL 60605

Dearborn Park Neighborhood

Estimated Value: $473,421 - $547,000

2 Beds
1.5 Baths
1,554 Sq Ft
$325/Sq Ft Est. Value

Last Sold August 02, 2023

Last sale price $478,500 $308 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,884/month

269 Days on Market

Highlights

  • Heated Floors
  • Deck
  • End Unit
  • Open Floorplan
  • Main Floor Bedroom
  • 2-minute walk to Mary Richardson Jones Park

About This Home

As of August 2023

Beautifully renovated in "2022"!!! Welcome home to this outstanding south/west corner Townhome, offering 2 bedrooms, 1.1 baths, tucked away in a tranquil setting in legendary Dearborn Park II. First level notable features present bedroom with heated flooring, large closet, powder room and pocket glass doors. All new phenomenal kitchen has LG stainless appliances, pantry and soft close cabinetry, impressive backsplash, sizeable quartz countertop along with ample seating. Unique porcelain surround compliments gas fireplace as well as new oak provincial stained hardwood flooring in living and dining room. Third level significant master suite showcases substantial walk-in closet in addition to a second closet, beautiful new oak flooring. Custom porcelain bath boasts extensive vanity accompanied by quartz countertop together with double undermount sinks, large curb less roll in shower, with custom frameless door, separate tub and awesome glass tile border. Entire home has been freshly professionally painted, all new lighting, new HVAC system with Nest thermostat, new hot water heater, new washer/dryer, new roof. Nothing to do but move in. A one car attached garage along with a 13x 6 balcony and patio completes this wonderful home. Ideally located near schools, parks, shopping, restaurants, lake, museums, Grant Park, "EL", minutes to downtown, public transportation and all major expressways. Easy street permit parking.

Last Listed By

Cynthia Bauer

RE/MAX Premier License #471014829 Listed on: 09/28/2022

RE/MAX  Premier

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $8,471

Year Built

  • Built in 1995 | Remodeled in 2022

Lot Details

  • End Unit

HOA Fees

  • $337 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3-Story Property
  • Open Floorplan
  • Fireplace With Gas Starter
  • Entrance Foyer
  • Living Room with Fireplace
  • Dining Room

Kitchen

  • Gas Oven
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Flooring

  • Wood
  • Heated Floors
  • Porcelain Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Dual Sinks
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Deck
  • Patio

Utilities

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

Community Details

Overview

  • Association fees include water, insurance, lawn care, scavenger, snow removal
  • 112 Units
  • Kim Dean Association, Phone Number (847) 459-1222
  • Dearborn Park Ii Subdivision
  • Property managed by Foster Premier Property Manager

Amenities

  • Building Patio

Recreation

  • Park

Pet Policy

  • Dogs and Cats Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$8,471

Year Built

Built in 1995 | Remodeled in 2022

Lot Details

0

HOA Fees

$337 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
  • Subdivision Name: Dearborn Park II
  • Year Built: 1995
  • 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): Yes
  • Unit Floor Level: 1
  • Rehab Year: 2022
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 3
  • Year Renovated: 2022

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s), Gas Oven
  • Basement: None
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Heated Floors, First Floor Bedroom, Laundry Hook-Up in Unit, Walk-In Closet(s), Open Floorplan, Dining Combo, Pantry
  • Room Type: Foyer, Balcony/Porch/Lanai, Walk In Closet
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Separate Shower,Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Flooring: Hardwood

Exterior Features

  • ExteriorFeatures: Deck, Patio, End Unit
  • List Price: 485000
  • Lot Features: Corner Lot
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • 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: 337
  • Association Amenities: Park, Patio
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Foster Premier Property Manager
  • Management Contact Name: Kim Dean
  • Management Phone: 847-459-1222
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 0.018
  • 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: 8471.01
  • Tax Year: 2021
  • Tax Exemptions: None

Multi Family

  • Units in Building: 112

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2022
Closed on
Jul 28, 2023
Sold by
Zanfonhouede Darius F
Bought by
Bell Justin and Lust Hannah
Seller's Agent
Cynthia Bauer
RE/MAX Premier
Buyer's Agent
Hayley Westhoff
Compass
List Price
$500,000
Sold Price
$478,500
Premium/Discount to List
-$21,500
-4.3%
Total Days on Market
269
Views
237
Current Estimated Value
$504,605

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,105
Avg. Annual Appreciation
2.96%
Original Mortgage
$478,500
Outstanding Balance
$470,407
Interest Rate
7.13%
Mortgage Type
New Conventional
Estimated Equity
$34,198

Purchase Details

Listed on
Oct 21, 2021
Closed on
Nov 16, 2021
Sold by
Apostol Louis G and Estate Of Robert Carlton Stewa
Bought by
Zanfonhouede Darius F
Seller's Agent
Cynthia Bauer
RE/MAX Premier
Buyer's Agent
Cynthia Bauer
RE/MAX Premier
List Price
$277,500
Sold Price
$282,500
Premium/Discount to List
$5,000
1.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
37.63%

Purchase Details

Closed on
Apr 29, 1994
Sold by
American National Bk & Tr Co Of Chicago
Bought by
Stewart Robert Carlton

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
7.88%

Range of Values:

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Average Value
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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
Bell Justin $478,500 None Listed On Document
Zanfonhouede Darius F $282,500 None Available
Stewart Robert Carlton $158,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bell Justin $478,500
Previous Owner Stewart Robert Carlton $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2023 08/02/23 Sold $478,500 -1.3% $308 / Sq Ft
06/25/2023 06/25/23 Pending -- -- --
02/22/2023 02/22/23 Price Changed $485,000 -2.0% $312 / Sq Ft
01/12/2023 01/12/23 Price Changed $495,000 -1.0% $319 / Sq Ft
09/28/2022 09/28/22 For Sale $500,000 +77.0% $322 / Sq Ft
12/09/2021 12/09/21 Sold $282,500 +1.8% $182 / Sq Ft
11/03/2021 11/03/21 Pending -- -- --
10/21/2021 10/21/21 For Sale $277,500 -- $179 / 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 $8,666 $44,000 $13,381 $30,619
2023 $8,666 $42,000 $10,766 $31,234
2022 $8,666 $42,000 $10,766 $31,234
2021 $8,471 $42,000 $10,766 $31,234
2020 $8,878 $39,851 $8,843 $31,008
2019 $8,703 $43,317 $8,843 $34,474
2018 $8,557 $43,317 $8,843 $34,474
2017 $7,765 $36,069 $7,305 $28,764
2016 $7,224 $36,069 $7,305 $28,764
2015 $6,609 $36,069 $7,305 $28,764
2014 $6,138 $33,082 $6,536 $26,546
2013 $6,017 $33,082 $6,536 $26,546
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11640078

Midwest Real Estate Data (MRED)

APN: 17-21-211-224-0000