$550,000

1328 S Federal St Unit G Chicago, IL 60605

Dearborn Park Neighborhood

Estimated payment $4,243/month

Total Views 402
2 Beds
2 Baths
1,500 Sq Ft
$367 Price per Sq Ft

Highlights

  • Very Popular Property
  • Balcony
  • Storage Room
  • Wood Flooring
  • Laundry Room
  • 3-minute walk to Mary Richardson Jones Park

About This Home

Rarely available townhome in the highly sought-after Dearborn Park II community of Chicago's vibrant South Loop. This spectacular, sun-drenched 2-bedroom, 2-bath home features a large bay window that fills the cozy living room with natural light, a fireplace, and hardwood floors throughout. The updated kitchen offers gray quartz countertops, stainless steel appliances, and a separate dining area. The spacious primary bedroom includes an ensuite bath, while both bedrooms provide access to the private balcony. The laundry room includes an updated washer/dryer, ample storage, and a massive crawl space under the living room for additional storage. Enjoy the convenience of an attached 1-car garage. Perfect location-just steps to South Loop Elementary, Cotton Tail Park, Mariano's, Jewel, Trader Joe's, local shops, restaurants, and public transportation.

Listing Agent

Kemeyon McNair

Baird & Warner License #475172568 Listed on: 08/14/2025

Baird & Warner

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,472

Year Built

  • Built in 1997

HOA Fees

  • $540 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,500 Sq Ft Home
  • 2-Story Property
  • Fireplace With Gas Starter
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Storage Room
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Balcony

Schools

  • South Loop Elementary School

Utilities

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

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include insurance, tv/cable, exterior maintenance, lawn care, scavenger, snow removal, internet
  • 32 Units
  • Hales Association, Phone Number (312) 666-0149
  • Dearborn Park Ii Subdivision
  • Property managed by Hales Management

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,472

Year Built

Built in 1997

Lot Details

0

HOA Fees

$540 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • EntryLevel: 1
  • New Construction: No
  • Property Sub-Type: Condo
  • Subdivision Name: Dearborn Park II
  • Year Built: 1997
  • Age: 26-30 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • MRD_WaterViewYN: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas Starter
  • Fireplaces: 1
  • Flooring: Hardwood
  • Interior Amenities: Storage
  • LivingArea: 1500
  • Room Type: Balcony/Porch/Lanai, Storage
  • Stories Total: 2
  • Estimated Total Finished Sq Ft: 0
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Flooring: Hardwood

Exterior Features

  • Construction Materials: Brick
  • ExteriorFeatures: Balcony
  • List Price: 550000
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: On Site, Garage Owned, Attached, Garage
  • ParkingTotal: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: Main Level, In Unit
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 540
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Hales Management
  • Management Contact Name: Hales
  • Management Phone: 312-666-0149

Fee Information

  • Association Fee Includes: Insurance, TV/Cable, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Internet

Schools

  • Elementary School: South Loop Elementary School
  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: CONDO
  • 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: 8472.02
  • Tax Year: 2023
  • Tax Exemptions: Homeowner,Senior

Multi Family

  • Units in Building: 32

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $8,474 $47,039 $15,846 $31,193
2023 $8,220 $46,000 $12,749 $33,251
2022 $8,220 $46,000 $12,749 $33,251
2021 $8,069 $45,999 $12,749 $33,250
2020 $7,966 $41,343 $10,472 $30,871
2019 $7,804 $45,016 $10,472 $34,544
2018 $7,671 $45,016 $10,472 $34,544
2017 $7,420 $34,468 $8,651 $25,817
2016 $6,904 $34,468 $8,651 $25,817
2015 $6,316 $34,468 $8,651 $25,817
2014 $6,124 $33,005 $7,740 $25,265
2013 $3,707 $33,005 $7,740 $25,265
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2025 08/14/25 For Sale $550,000 +17.3% $367 / Sq Ft
07/22/2019 07/22/19 Sold $469,000 0.0% $313 / Sq Ft
06/08/2019 06/08/19 Pending -- -- --
05/31/2019 05/31/19 Price Changed $469,000 -1.3% $313 / Sq Ft
04/25/2019 04/25/19 For Sale $475,000 -- $317 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Purchase History

Date Type Sale Price Title Company
Deed $469,000 Attorney
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $382,400 New Conventional
Closed $422,100 New Conventional
Previous Owner $76,650 New Conventional
Previous Owner $97,000 Unknown
Source: Public Records

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Source: Midwest Real Estate Data (MRED)

MLS Number: 12431760

Midwest Real Estate Data (MRED)

APN: 17-21-211-205-1007