NOT LISTED FOR SALE

1321 W School St Chicago, IL 60657

Lakeview Neighborhood

Estimated Value: $2,541,117 - $3,460,000

6 Beds
6 Baths
4,700 Sq Ft
$647/Sq Ft Est. Value

Last Sold July 20, 2015

Last sale price $2,360,000 $502 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $19,954/month

120 Days on Market

Highlights

  • Bonus Room
  • 4-minute walk to Southport Station
  • Central Air
  • Augustus H. Burley Elementary School Rated A-
  • Detached Garage
  • 2-minute walk to Margaret Donahue Park

About This Home

As of July 2015

NEW CONSTRUCTION-Burley Schools ONE OF SOUTHPORT CORRIDOR'S BEST BLOCKS! AWARD-WINNING AK CUSTOM HOMES PRESENTS "1321 School" ELEGANT LIMESTONE FACADE HOME W/4 LVLS, 6BDRMS (w/4bdrms on 2nd flr) METICULOUS DESIGN & HIGH-END LUXURY FINISHES COMBINED W/MODERN TECHNOLOGY & SMART FLOORPLAN MAKES THIS HOME A TRULY EXCLUSIVE OPPORTUNITY! STILL TIME TO CUSTOMIZE! OUR HOMES SELL QUICK! Similar homes available to walk through

Last Agent to Sell the Property

Azeem Khan

The Khan Group LLC License #475143573 Listed on: 01/31/2015

Last Buyer's Agent

Jeffrey Stewart

@properties Christie's International Real Estate License #475134967

@properties Christie's International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $47,473

Year Built

  • 2015

Lot Details

  • 3,049

Parking

  • Detached Garage
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Frame Construction
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Bonus Room

Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$47,473

Year Built

2015

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Age: NEW Ready for Occupancy
  • New Construction: Y
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 5.1
  • Type Detached: 2 Stories
  • Estimated Year Built: 2015
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Built: 2015

Interior Features

  • Number Of Rooms: 11
  • Living Room: Dimensions: 30X15, On Level: Main Level
  • Basement: Full
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 6
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 6
  • Dining Room: Dimensions: 30X15, On Level: Main Level
  • Kitchen Type: Dimensions: 15X10, On Level: Main Level
  • Additional Rooms: Bonus, 5th Bedroom, 6th Bedroom
  • Master Bedroom: Dimensions: 18X16, On Level: 2nd Level
  • Additional Room 1 Name: 5th Bdrm, Dimensions: 10X10, On Level: Main Level
  • Additional Room 2 Name: 6th Bdrm, Dimensions: 10X10, On Level: Main Level
  • Bedroom 2: Dimensions: 11X10, On Level: 2nd Level
  • Additional Room 3 Name: Bonus, Dimensions: 20X20, On Level: 3rd Level
  • Bedroom 3: Dimensions: 11X10, On Level: 2nd Level
  • Bedroom 4: Dimensions: 11X10, On Level: 2nd Level
  • Estimated Sq Ft: 4700
  • Family Room: Dimensions: 18X18, On Level: Main Level

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Aluminum Siding, Vinyl Siding, Frame
  • Acreage: 0.0729

Garage/Parking

  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 2.5
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

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

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: 25 X 127
  • Parcel Identification Number: 14203260200000

Tax Info

  • Taxes: NEW

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2015
Closed on
Jul 15, 2015
Sold by
1321 W School Llc
Bought by
Barry Kevin and Lu Liyi
Seller's Agent
Azeem Khan
The Khan Group LLC
Buyer's Agent
Jeffrey Stewart
@properties Christie's International Real Estate
List Price
$2,399,000
Sold Price
$2,360,000
Premium/Discount to List
-$39,000
-1.63%
Current Estimated Value
$3,041,372

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$681,372
Avg. Annual Appreciation
2.50%
Original Mortgage
$1,888,000
Outstanding Balance
$1,472,665
Interest Rate
3.87%
Mortgage Type
New Conventional
Estimated Equity
$1,568,707

Purchase Details

Closed on
Jul 6, 2014
Sold by
Allen Peter N
Bought by
1321 W School Llc

Purchase Details

Closed on
Jul 27, 2006
Sold by
Crown Properties Of Illinois Llc
Bought by
Stinson Damian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$271,920
Interest Rate
6.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 5, 2006
Sold by
1321 School Street Llc
Bought by
Allen Peter N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
7.75%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 21, 2001
Sold by
Allen Peter N
Bought by
1321 School Street Llc

Purchase Details

Closed on
Jun 10, 1994
Sold by
Lasalle National Trust Na
Bought by
Allen Peter
Source: Public Records

Range of Values:

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Average Value
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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
Barry Kevin -- Premier Title
1321 W School Llc $780,000 Attorneys Title Guaranty Fun
Stinson Damian $340,000 Git
Allen Peter N -- Prairie Title Inc
1321 School Street Llc -- --
Allen Peter $205,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barry Kevin $1,888,000
Previous Owner Stinson Damian $271,920
Previous Owner Allen Peter N $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/20/2015 07/20/15 Sold $2,360,000 -1.6% $502 / Sq Ft
05/31/2015 05/31/15 Pending -- -- --
01/31/2015 01/31/15 For Sale $2,399,000 -- $510 / 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 $47,473 $241,000 $59,055 $181,945
2023 $46,279 $225,000 $47,625 $177,375
2022 $46,279 $225,000 $47,625 $177,375
2021 $45,245 $225,000 $47,625 $177,375
2020 $45,119 $202,536 $20,320 $182,216
2019 $44,230 $220,148 $20,320 $199,828
2018 $43,487 $220,148 $20,320 $199,828
2017 $49,260 $228,831 $17,780 $211,051
2016 $45,832 $228,831 $17,780 $211,051
2015 $27,662 $150,953 $17,780 $133,173
2014 $9,704 $52,300 $14,605 $37,695
2013 -- $52,300 $14,605 $37,695
Source: Public Records

Agents Affiliated with this Home

  • Azeem Khan

    Seller's Agent in 2015

    Azeem Khan

    The Khan Group LLC

    (312) 501-3849

    15 Total Sales

    Azeem Khan
    Section Image
  • Jeffrey Stewart

    Buyer's Agent in 2015

    Jeffrey Stewart

    @ Properties

    (773) 862-0200

    69 Total Sales

    Jeffrey Stewart
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08828049

Midwest Real Estate Data (MRED)

APN: 14-20-326-020-0000

Illinois Cook County Chicago 60657 Lakeview

1321 W School St, Chicago, IL

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