NOT LISTED FOR SALE

1416 S Federal St Chicago, IL 60605

Dearborn Park Neighborhood

Estimated Value: $1,004,000 - $1,544,000

3 Beds
3 Baths
2,621 Sq Ft
$458/Sq Ft Est. Value

About This Home

This home is located at 1416 S Federal St, Chicago, IL 60605 and is currently estimated at $1,199,113, approximately $457 per square foot. 1416 S Federal St is a home located in Cook County with nearby schools including South Loop Elementary School, Wendell Phillips Academy High School, and British International School of Chicago, South Loop.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 17, 2015
Sold by
Thakrar Anooj and Thakrar Tami
Bought by
Sanghani Vikram and Sanghani Rupa
Current Estimated Value
$1,199,113

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$729,600
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 28, 2011
Sold by
Samko Adam and Samko Felicia
Bought by
Thakrar Anooj and Thakrar Tami

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$605,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 18, 2006
Sold by
Hudik Gary P and Hudik Coralynn J
Bought by
Samko Adam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
9%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 7, 1996
Sold by
Karczewski Eugene S and Karczewski Lydia R
Bought by
Hudik Gary P and Hudik Coralyn J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,900
Interest Rate
7.94%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Sanghani Vikram $912,000 None Available
Thakrar Anooj $756,500 Git
Samko Adam $740,000 Stewart Title Of Illinois
Hudik Gary P $375,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sangahani Vikram $510,000
Closed Sanghani Vikram $704,000
Closed Sanghani Vikram $729,600
Previous Owner Thakrar Anooj $605,000
Previous Owner Samko Adam $350,000
Previous Owner Samko Adam $350,000
Previous Owner Hudik Gary P $300,700
Previous Owner Hudik Gary P $299,900
Source: Public Records

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 $18,985 $99,000 $28,501 $70,499
2023 $18,483 $93,000 $22,932 $70,068
2022 $18,483 $93,000 $22,932 $70,068
2021 $18,086 $93,000 $22,932 $70,068
2020 $16,927 $79,085 $18,837 $60,248
2019 $16,582 $85,962 $18,837 $67,125
2018 $16,302 $85,962 $18,837 $67,125
2017 $16,589 $77,062 $15,561 $61,501
2016 $15,435 $77,062 $15,561 $61,501
2015 $14,121 $77,062 $15,561 $61,501
2014 $11,851 $63,873 $13,923 $49,950
2013 $11,617 $63,873 $13,923 $49,950
Source: Public Records

Map

Illinois Cook County Chicago 60605 Dearborn Park

1416 S Federal St, Chicago, IL

This home is located at 1416 S Federal St, Chicago, IL 60605 and is currently estimated at $1,199,113, approximately $457 per square foot. 1416 S Federal St is a home located in Cook County with nearby schools including South Loop Elementary School, Wendell Phillips Academy High School, and British International School of Chicago, South Loop.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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