NOT LISTED FOR SALE

1322 W School St Unit 2 Chicago, IL 60657

Lakeview Neighborhood

Estimated Value: $509,986 - $609,000

2 Beds
2 Baths
1,350 Sq Ft
$209/mo HOA Fee

Last Sold October 22, 2019

Last sale price $430,000 $319 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $3,736/month

39 Days on Market

Highlights

  • Deck
  • 4-minute walk to Southport Station
  • Whirlpool Bathtub
  • Hamilton Elementary School Rated A-
  • Wood Flooring
  • 2-minute walk to Margaret Donahue Park

About This Home

As of October 2019

Fantastic condo in the heart of the Southport Corridor- set on a quiet tree-lined street and steps to the Southport brown line. This bright and sunny 2bd/2ba condo features hardwood floors throughout, beautiful eat-in gourmet kitchen with an open floor plan open to the spacious family room. The Kitchen has 42" cherry cabinets, stainless steel appliances, granite countertops, and a massive island that seats 4. Stunning built-in bookshelves, wood blinds, washer & dryer (side by side), storage, and single garage spot included in the price. Perfect sized private deck to enjoy Chicago Summers. Walk to some of the best restaurants and shopping in the city! Don't miss this deal!

Last Agent to Sell the Property

Daniel Pogofsky

Fulton Grace Realty License #475157876 Listed on: 07/26/2019

Fulton Grace Realty

Last Buyer's Agent

Mike Checuga

RE/MAX Premier License #475132163

RE/MAX Premier

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,173

Year Built

  • 1995

Lot Details

  • Southern Exposure
  • East or West Exposure

HOA Fees

  • $209 per month

Parking

  • Detached Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Storage
  • Wood Flooring

Kitchen

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

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Whirlpool Bathtub
  • No Tub in Bathroom

Laundry

  • Dryer
  • Washer

Utilities

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

Additional Features

  • North or South Exposure
  • Deck

Community Details

  • Pets Allowed

Listing and Financial Details

  • $3,000 Seller Concession

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,173

Year Built

1995

Lot Details

0

HOA Fees

$209 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • General Information: Commuter Train
  • Unit Floor Level: 2
  • Age: 21-25 Years
  • Full Bathrooms: 2
  • Number Interior Fireplaces: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 2
  • Estimated Year Built: 1995
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Built: 1995

Interior Features

  • Interior Property Features: Hardwood Floors, Laundry Hook-Up in Unit, Storage
  • Number Of Rooms: 5
  • Living Room: Dimensions: 18X18, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, All Stainless Steel Kitchen Appliances
  • Fireplace Details: Wood Burning, Gas Starter
  • Fireplace Location: Living Room
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool, No Tub
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: COMBO, On Level: Main Level
  • Kitchen Type: Dimensions: 15X11, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Island
  • Additional Rooms: Deck
  • Master Bedroom: Dimensions: 14X12, On Level: Main Level, Flooring: Hardwood
  • Additional Room 1 Name: Deck, Dimensions: 9X8, On Level: Main Level
  • Bedroom 2: Dimensions: 12X10, On Level: Main Level, Flooring: Hardwood
  • Estimated Sq Ft: 1350
  • Dining Room Type: Combined w/ LivRm

Exterior Features

  • Exterior Building Type: Brick
  • Exterior Property Features: Deck
  • Exposure: N (North), S (South), W (West)

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Parking Included In Price: Yes

Utilities

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

Condo/Co-op/Association

  • Max Pet Weight: 999
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Pet Information: Cats OK, Dogs OK
  • Assessment Includes: Water, Common Insurance, Exterior Maintenance, Scavenger
  • Special Assessments: U
  • Assessment Association Fees: 209
  • Management Contact Name: President
  • Management Phone: 310-810-0559

Fee Information

  • Management Company: Self managed

Schools

  • School District: 299
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 14203220491002

Multi Family

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

Tax Info

  • Taxes: 6459

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2019
Closed on
Oct 14, 2019
Sold by
Jones Monique and Jones Rocky Lee
Bought by
Khan Asif
Seller's Agent
Daniel Pogofsky
Fulton Grace Realty
Buyer's Agent
Mike Checuga
RE/MAX Premier
List Price
$450,000
Sold Price
$430,000
Premium/Discount to List
-$20,000
-4.44%
Current Estimated Value
$556,747

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,747
Avg. Annual Appreciation
4.38%
Original Mortgage
$305,000
Outstanding Balance
$267,740
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$289,007

Purchase Details

Closed on
Oct 28, 2005
Sold by
Rappel Brian J and Rappel Katherine A
Bought by
Jones Rocky Lee and Huey Monique

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,600
Interest Rate
5.98%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 17, 2002
Sold by
Rappel Brian J and Rappel Katherine A
Bought by
Rappel Brian J and Rappel Katherine A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
5.37%

Purchase Details

Closed on
Apr 19, 2002
Sold by
Richards Brian F and Richards Kristine L
Bought by
Rappel Brian J and Hustad Katherine A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
6.5%

Purchase Details

Closed on
Nov 17, 1999
Sold by
Penicnak Deke E
Bought by
Richards Brian F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,800
Interest Rate
7.37%

Purchase Details

Closed on
Nov 28, 1995
Sold by
Parkway Bank & Trust Company
Bought by
Penichak Deke

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,600
Interest Rate
7.52%

Purchase Details

Closed on
Jun 30, 1994
Sold by
Peterson Jerry H and Peterson Donna
Bought by
Smallwood James H and Smallwood Gail L
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
Khan Asif $430,000 Old Republic Title
Jones Rocky Lee $455,000 Chicago Title Insurance Comp
Rappel Brian J -- Lawyers Title Insurance Corp
Rappel Brian J $340,000 --
Richards Brian F $308,500 --
Penichak Deke $185,000 --
Smallwood James H $43,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khan Asif $305,000
Previous Owner Jones Rocky Lee $359,600
Previous Owner Rappel Brian J $272,000
Previous Owner Rappel Brian J $272,000
Previous Owner Richards Brian F $246,800
Previous Owner Penichak Deke $185,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/22/2019 10/22/19 Sold $430,000 -4.4% $319 / Sq Ft
09/03/2019 09/03/19 Pending -- -- --
07/26/2019 07/26/19 For Sale $450,000 0.0% $333 / Sq Ft
10/01/2016 10/01/16 Rented $2,350 -2.1% --
09/29/2016 09/29/16 Under Contract -- -- --
09/23/2016 09/23/16 For Rent $2,400 -- --
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 $7,173 $38,719 $15,354 $23,365
2023 $6,993 $34,001 $12,383 $21,618
2022 $6,993 $34,001 $12,383 $21,618
2021 $6,837 $33,999 $12,382 $21,617
2020 $7,501 $33,671 $5,283 $28,388
2019 $6,680 $36,679 $5,283 $31,396
2018 $6,567 $36,679 $5,283 $31,396
2017 $6,459 $33,378 $4,622 $28,756
2016 $6,185 $33,378 $4,622 $28,756
2015 $5,636 $33,378 $4,622 $28,756
2014 $5,087 $29,986 $3,776 $26,210
2013 $4,975 $29,986 $3,776 $26,210
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10464946

Midwest Real Estate Data (MRED)

APN: 14-20-322-049-1002