NOT LISTED FOR SALE

1416 W School St Chicago, IL 60657

Southport Corridor Neighborhood

Estimated Value: $1,942,000 - $3,244,000

7 Beds
3 Baths
3,585 Sq Ft
$727/Sq Ft Est. Value

About This Home

This home is located at 1416 W School St, Chicago, IL 60657 and is currently estimated at $2,604,573, approximately $726 per square foot. 1416 W School St is a home located in Cook County with nearby schools including Hamilton Elementary School, Lake View High School, and Saint Luke Academy.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 16, 2022
Sold by
Honey Holdings Llc
Bought by
Elizabeth E Alandt Trust
Current Estimated Value
$2,604,573

Purchase Details

Closed on
Apr 15, 2015
Sold by
1416 W School Ii Inc
Bought by
Honey Holdings Llc

Purchase Details

Closed on
Jul 7, 2014
Sold by
Macarthur Jamie B and Radecki Peter W
Bought by
1416 West School Ii Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,125,000
Interest Rate
5.25%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 25, 2007
Sold by
Leib Arnold M
Bought by
Macarthur Jamie Beth and Radecki Peter W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
5.87%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 9, 1997
Sold by
Leib Arnold M and Leith Eleanor C
Bought by
Leib Arnold M and Arnold M Leib Declaration Of Trust
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
Elizabeth E Alandt Trust -- None Listed On Document
Elizabeth E Alandt Trust -- --
Honey Holdings Llc $2,500,000 Stewart Title
1416 West School Ii Inc $700,000 None Available
Macarthur Jamie Beth $700,000 Cti
Macarthur Jamie Beth $700,000 Cti
Leib Arnold M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 1416 West School Ii Inc $1,125,000
Previous Owner Macarthur Jamie Beth $525,000
Previous Owner Leib Arnold M $250,000
Previous Owner Leib Arnold M $235,000
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 $47,262 $231,000 $58,125 $172,875
2023 $46,073 $224,000 $46,875 $177,125
2022 $46,073 $224,000 $46,875 $177,125
2021 $45,044 $224,000 $46,875 $177,125
2020 $39,513 $177,373 $20,000 $157,373
2019 $38,735 $192,797 $20,000 $172,797
2018 $38,084 $192,797 $20,000 $172,797
2017 $47,100 $218,796 $17,500 $201,296
2016 $43,822 $218,796 $17,500 $201,296
2015 $27,884 $152,167 $17,500 $134,667
2014 $7,812 $42,102 $14,375 $27,727
2013 $10,141 $55,759 $14,375 $41,384
Source: Public Records

Map

Illinois Cook County Chicago 60657 Southport Corridor

1416 W School St, Chicago, IL

This home is located at 1416 W School St, Chicago, IL 60657 and is currently estimated at $2,604,573, approximately $726 per square foot. 1416 W School St is a home located in Cook County with nearby schools including Hamilton Elementary School, Lake View High School, and Saint Luke Academy.

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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