1328 S Federal St Unit K Chicago, IL 60605
Dearborn Park NeighborhoodEstimated Value: $689,000 - $779,000
3
Beds
2.5
Baths
2,100
Sq Ft
$353/Sq Ft
Est. Value
Highlights
- Vaulted Ceiling
- Home Office
- Formal Dining Room
- Wood Flooring
- First Floor Utility Room
- 3-minute walk to Mary Richardson Jones Park
About This Home
As of March 2023Take a look at 1328 S Federal, Unit K. This beautiful 3 bedroom townhome has undergone recent major renovations throughout the entire home. The living level consists of the living room, dining room, kitchen, family room, utility room, half bath and balcony. Enjoy the atrium ceiling heights in the living room, complimented by the curved floor-to-ceiling windows that span the South wall and overlooks the courtyard. The kitchen includes an island, extensive cabinetry and is located adjacent to the family room. This gorgeous kitchen has new quartz countertops, designer inspired backsplash, professionally painted cabinetry, newly installed hood, sink and faucet to name a few. Add to that upgraded lighting, tiled floor and a new look to the fireplace. Conveniently located on this same floor is a powder room. The bedroom level includes 3 bedrooms and 2 baths. The main bedroom suite includes 2 closets, a private bath and access to a common balcony overlooking the Chicago skyline. The main bath has a double bowl vanity, new tub and separate shower. The other 2 bedrooms are spacious and each have great closet space. The 2nd bath upstairs has undergone its' own remodeling to give it a fresh new look. The lower level includes a bonus room, a great place for an office. The entire home has hardwood flooring and all wood floors have been re-stained. The entire home has been painted and several lighting fixtures have been newly installed. Attached 1 car garage. This home is located within THE SOUTH LOOP SCHOOL DISTRICT. Steps to parks and school. Within walking distance to the Lake, nightlife, shopping and restaurants. Home, sweet home!
Last Agent to Sell the Property
RE/MAX Premier License #475117355 Listed on: 02/17/2023
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $12,505
Year Built
- Built in 1991 | Remodeled in 2023
Lot Details
- 0.79
HOA Fees
- $633 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Garage Door Opener
- Parking Included in Price
Home Design
- Brick Exterior Construction
Interior Spaces
- 2,100 Sq Ft Home
- 3-Story Property
- Built-In Features
- Vaulted Ceiling
- Skylights
- Gas Log Fireplace
- Family Room with Fireplace
- Living Room
- Formal Dining Room
- Home Office
- First Floor Utility Room
- Wood Flooring
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
- Dual Sinks
- Soaking Tub
- Separate Shower
Laundry
- Laundry Room
- Laundry on main level
- Dryer
- Washer
Outdoor Features
- Balcony
Schools
- South Loop Elementary School
- Phillips Academy High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Lake Michigan Water
Community Details
Overview
- Association fees include water, insurance, tv/cable, exterior maintenance, lawn care, scavenger, snow removal
- 32 Units
- Hales Association, Phone Number (312) 666-0149
- Property managed by Hales Management
Pet Policy
- Dogs and Cats Allowed
Security
- Resident Manager or Management On Site
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 17, 2023
Closed on
Mar 15, 2023
Sold by
Cheung Hoi Pang and Lo Linda
Bought by
Modi Akash and Modi Romy
Seller's Agent
Terri Buseman
RE/MAX Premier
Buyer's Agent
Anik Zampini
Coldwell Banker Realty
List Price
$729,000
Sold Price
$729,000
Total Days on Market
0
Views
24
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,237
Avg. Annual Appreciation
0.76%
Original Mortgage
$656,100
Outstanding Balance
$639,735
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$101,502
Purchase Details
Listed on
Jul 17, 2012
Closed on
Sep 19, 2012
Sold by
Patil Abhitabh and Patil She
Bought by
Cheung Hoi Pang and Chow Lo Linda
Seller's Agent
Terri Buseman
RE/MAX Premier
Buyer's Agent
Alice Chin
Compass
List Price
$575,000
Sold Price
$545,000
Premium/Discount to List
-$30,000
-5.22%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.81%
Original Mortgage
$385,000
Interest Rate
3.66%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 15, 2008
Sold by
Parekh Neil and Patel Toral
Bought by
Patil Abhitabh and Patil She
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
6.05%
Mortgage Type
Unknown
Purchase Details
Closed on
May 22, 2001
Sold by
Moon Dorothy H and Parastaran Payman
Bought by
Parekh Neil and Patel Toral
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Interest Rate
6%
Mortgage Type
Unknown
Purchase Details
Closed on
Sep 3, 1999
Sold by
Shevade Atul and Kulkarni Vandana
Bought by
Parastaran Payman and Moon Dorothy H
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
6.87%
Purchase Details
Closed on
Sep 23, 1996
Sold by
Moore Moss Stuart M and Moore Moss Holly
Bought by
Kulkarni Vandana and Shevade Atul
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
8.5%
Purchase Details
Closed on
Oct 22, 1993
Sold by
Moore Moss Stuart M and Moore Moss Holly
Bought by
Moore Moss Stuart M and Moore Moss Holly
Similar Homes in Chicago, IL
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Modi Akash | $729,000 | Greater Illinois Title | |
| Cheung Hoi Pang | $545,000 | Chicago Title Insurance Comp | |
| Patil Abhitabh | $650,000 | Chicago Title Insurance Co | |
| Parekh Neil | $415,000 | First American Title | |
| Parastaran Payman | $363,000 | Professional National Title | |
| Kulkarni Vandana | $320,000 | -- | |
| Moore Moss Stuart M | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Modi Akash | $656,100 | |
| Previous Owner | Cheung Hoi Pang | $385,000 | |
| Previous Owner | Patil Abhitabh | $376,648 | |
| Previous Owner | Patil Abhitabh | $381,474 | |
| Previous Owner | Patil Abhitabh | $390,000 | |
| Previous Owner | Parekh Neil P | $256,400 | |
| Previous Owner | Parekh Neil | $58,500 | |
| Previous Owner | Parekh Neil | $332,000 | |
| Previous Owner | Parastaran Payman | $290,000 | |
| Previous Owner | Shevade Atul | $264,000 | |
| Previous Owner | Shevade Atul | $33,000 | |
| Previous Owner | Kulkarni Vandana | $304,000 | |
| Closed | Parekh Neil | $63,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/22/2023 03/22/23 | Sold | $729,000 | 0.0% | $347 / Sq Ft |
| 02/18/2023 02/18/23 | Pending | -- | -- | -- |
| 02/17/2023 02/17/23 | For Sale | $729,000 | +33.8% | $347 / Sq Ft |
| 09/24/2012 09/24/12 | Sold | $545,000 | -5.2% | $260 / Sq Ft |
| 08/12/2012 08/12/12 | Pending | -- | -- | -- |
| 07/17/2012 07/17/12 | For Sale | $575,000 | -- | $274 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $12,792 | $63,730 | $21,128 | $42,602 |
| 2023 | $12,792 | $62,000 | $16,999 | $45,001 |
| 2022 | $12,792 | $62,000 | $16,999 | $45,001 |
| 2021 | $12,505 | $61,999 | $16,999 | $45,000 |
| 2020 | $12,280 | $55,125 | $13,963 | $41,162 |
| 2019 | $12,059 | $60,022 | $13,963 | $46,059 |
| 2018 | $11,856 | $60,022 | $13,963 | $46,059 |
| 2017 | $9,893 | $45,957 | $11,535 | $34,422 |
| 2016 | $9,205 | $45,957 | $11,535 | $34,422 |
| 2015 | $8,421 | $45,957 | $11,535 | $34,422 |
| 2014 | $8,165 | $44,006 | $10,320 | $33,686 |
| 2013 | $8,004 | $44,006 | $10,320 | $33,686 |
Source: Public Records
Agents Affiliated with this Home
-
Terri Buseman
Seller's Agent in 2023
Terri Buseman
RE/MAX
(312) 208-5166
37 in this area
78 Total Sales
-
Anik Zampini
Buyer's Agent in 2023
Anik Zampini
Coldwell Banker Realty
(312) 339-1793
2 in this area
141 Total Sales
-
Alice Chin
Buyer's Agent in 2012
Alice Chin
Compass
(630) 425-2868
444 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11720863
APN: 17-21-211-205-1011
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