NOT LISTED FOR SALE

1416 S Federal St Unit F Chicago, IL 60605

Dearborn Park Neighborhood

Estimated Value: $1,052,000 - $1,147,000

4 Beds
2.5 Baths
3,250 Sq Ft
$339/Sq Ft Est. Value

Last Sold August 11, 2021

Last sale price $890,000 $274 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $7,792/month

28 Days on Market

Highlights

  • Deck
  • End Unit
  • Fenced Yard
  • Wood Flooring
  • Formal Dining Room
  • 2-minute walk to Cotton Tail Park

About This Home

As of August 2021

MAGNIFICENT CORNER TOWHHOUSE LOCATED IN THE HEART OF THE SOUTH LOOP IN HIGHLY DESIRABLE DEARBORN PARK II. THIS SPACIOUS 3250 SQFT. HOME INCLUDES GARAGE AND BOTH ROOF DECKS. FULL OF NATURAL SUNLIGHT 4 LEVEL TOWNHOME OFFERS 4 BED/2.1 BATH PLUS FAMILY ROOM. HOME HAS BEEN FRESHLY PAINTED AND HARDWOOD FLOORING THROUGHOUT MOST OF HOME. SIZEABLE KITCHEN HAS MAPLE CABINETRY, GRANITE COUNTERTOPS, STAINLESS APPLIANCES. EXPANSIVE LIVING ROOM WITH FIREPLACE & BUILT-INS. MASTER SUITE HAS WALK-IN CLOSET SEPARATE SHOWER DUAL SINK WITH CORIAN TOP. 4TH LEVEL PENTHOUSE FEATURES 4TH BEDROOM OR OFFICE. 2 ROOF TOP DECKS/CITY WITH AMAZING CITY VIEWS. FAMILY ROOM LEADS TO PRIVATE BRICK PAVED PATIO WITH EXTENDED SIDE YARD. COMPLETE WITH A TWO CAR ATTACHED GARAGE PLUS AN ADDITIONAL TWO CAR PARKING PAD. EXCELLENT LOCATION NEAR SCHOOLS, PARKS, MUSEUM CAMPUS, SHOPPING, RESTAURANTS, DOWNTOWN, TRANSPORTATION, LAKE, SOLDIER FIELD, EASY ACCESS TO ALL MAJOR EXPRESSWAYS, FAMOUS COTTONTAIL PARK JUST STEPS AWAY.

Last Agent to Sell the Property

Cynthia Bauer

RE/MAX Premier License #471014829 Listed on: 05/27/2021

RE/MAX  Premier

Last Buyer's Agent

Ryan Muehling

@properties Christie's International Real Estate License #471020613

@properties Christie's International Real Estate

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $16,583

Year Built

  • Built in 1994

Lot Details

  • End Unit
  • Fenced Yard

HOA Fees

  • $230 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3,250 Sq Ft Home
  • 4-Story Property
  • Skylights
  • Entrance Foyer
  • Living Room with Fireplace
  • Formal Dining Room
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Separate Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Balcony
  • Deck
  • Patio

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, insurance, scavenger, snow removal
  • 72 Units
  • Association Phone (312) 379-0400
  • Dearborn Park Ii Subdivision
  • Property managed by Forth Group

Pet Policy

  • Dogs and Cats Allowed

Security

  • Storm Screens

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$16,583

Year Built

Built in 1994

Lot Details

0

HOA Fees

$230 per month

Parking

2

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: 1994
  • 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): No
  • Unit Floor Level: 1
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 4

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: None
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Interior Amenities: Skylight(s), Hardwood Floors, Laundry Hook-Up in Unit
  • LivingArea: 3250
  • Room Type: Other Room, Foyer, Walk In Closet, Deck
  • Stories Total: 4
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Separate Shower,Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Balcony, Deck, Patio, Storms/Screens, End Unit
  • List Price: 950000
  • Lot Features: Fenced Yard
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Concrete
  • 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: 230
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Forth Group
  • Management Contact Name: On File
  • Management Phone: 312-379-0400

Fee Information

  • Association Fee Includes: Water, Insurance, Scavenger, Snow Removal

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: 0.053
  • 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: 16583.06
  • Tax Year: 2019
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 72

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 30, 2021
Sold by
Nijjar Jatinder
Bought by
Nijjar Jatinder and Saleh Saira
Current Estimated Value
$1,099,643

Purchase Details

Listed on
May 27, 2021
Closed on
Aug 4, 2021
Sold by
Singer Reed and Fish Stina H
Bought by
Nijjar Jatinder
Seller's Agent
Cynthia Bauer
RE/MAX Premier
Buyer's Agent
Ryan Muehling
@properties Christie's International Real Estate
List Price
$950,000
Sold Price
$890,000
Premium/Discount to List
-$60,000
-6.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.46%
Original Mortgage
$475,000
Interest Rate
2.87%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 4, 2014
Closed on
Jun 18, 2014
Sold by
Liu Jong and Li Dan
Bought by
Singer Reed and Fish Stina H
Seller's Agent
Cynthia Bauer
RE/MAX Premier
Buyer's Agent
Cynthia Bauer
RE/MAX Premier
List Price
$829,000
Sold Price
$790,000
Premium/Discount to List
-$39,000
-4.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.68%
Original Mortgage
$632,000
Interest Rate
4.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 31, 2008
Sold by
Lynch John P and Lynch Marie T
Bought by
Liu Jong and Li Dan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 17, 2002
Sold by
English Louis W and English Jacqueline
Bought by
Lynch John P and Lynch Marie T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
4.75%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 23, 1996
Sold by
Vaughters Jonathan and Vaughters Vanessa
Bought by
English Louis W and English Jacqueline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
7.24%
Mortgage Type
Purchase Money Mortgage
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
Nijjar Jatinder -- None Available
Nijjar Jatinder $890,000 Attorneys Ttl Guaranty Fund
Singer Reed $790,000 Attorneys Title Guaranty Fun
Liu Jong $750,000 First American Title Ins Co
Lynch John P $610,000 Chicago Title Insurance Comp
English Louis W $350,000 Prairie Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nijjar Jatinder $490,000
Closed Nijjar Jatinder $475,000
Previous Owner Singer Reed $632,000
Previous Owner Liu Jong $390,000
Previous Owner Liu Jong $403,000
Previous Owner Liu Jong $600,000
Previous Owner Liu Jong $75,000
Previous Owner Breitowich Sandra $121,900
Previous Owner Lynch John P $395,600
Previous Owner Lynch John P $100,000
Previous Owner Lynch John P $88,000
Previous Owner Lynch John P $400,000
Previous Owner English Louis W $168,700
Previous Owner English Louis W $280,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2021 08/11/21 Sold $890,000 -6.3% $274 / Sq Ft
06/24/2021 06/24/21 Pending -- -- --
05/27/2021 05/27/21 For Sale $950,000 +20.3% $292 / Sq Ft
06/24/2014 06/24/14 Sold $790,000 -4.7% $243 / Sq Ft
05/30/2014 05/30/14 Price Changed $829,000 0.0% $255 / Sq Ft
05/30/2014 05/30/14 For Sale $829,000 +4.9% $255 / Sq Ft
05/15/2014 05/15/14 Pending -- -- --
04/18/2014 04/18/14 Off Market $790,000 -- --
03/04/2014 03/04/14 For Sale $799,000 -- $246 / 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 $18,840 $93,000 $40,264 $52,736
2023 $18,363 $89,000 $32,396 $56,604
2022 $18,363 $89,000 $32,396 $56,604
2021 $17,279 $89,000 $32,396 $56,604
2020 $16,928 $79,090 $26,611 $52,479
2019 $16,583 $85,968 $26,611 $59,357
2018 $16,303 $85,968 $26,611 $59,357
2017 $13,253 $64,941 $21,983 $42,958
2016 $14,934 $77,062 $21,983 $55,079
2015 $14,121 $77,062 $21,983 $55,079
2014 $11,368 $63,838 $19,669 $44,169
2013 $11,132 $63,838 $19,669 $44,169
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11101846

Midwest Real Estate Data (MRED)

APN: 17-21-211-048-0000