NOT LISTED FOR SALE

1426 S Federal St Unit B Chicago, IL 60605

Dearborn Park Neighborhood

Estimated Value: $1,205,610 - $1,445,000

4 Beds
3.5 Baths
3,450 Sq Ft
$376/Sq Ft Est. Value

Last Sold July 27, 2021

Last sale price $1,150,000 $333 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $9,080/month

46 Days on Market

Highlights

  • Rooftop Deck
  • Bonus Room
  • Formal Dining Room
  • Wood Flooring
  • Sitting Room
  • 3-minute walk to Cotton Tail Park

About This Home

As of July 2021

Meticulously maintained complete renovation 4 level Townhome in highly desired Dearborn Park II! Located in the heart of the South Loop this sundrenched home offers 4 bedrooms, 3.1 bath plus penthouse/office. The welcoming foyer invites you into this immaculate & spacious freshly painted home along with new windows throughout most. First floor expansive bedroom boasts impressive barn door, wet bar, washer and dryer. Ceramic bath provides roomy shower, granite top and linen closet. Stunning designer open kitchen is perfect for entertaining offering 42" custom walnut cabinetry with moldings, separate island and massive breakfast bar accompanied by exquisite quartz countertops, stainless appliances, double oven, high capacity cooking vent, sensational California closet pantry and custom barn door. Extensive living room boasts stacked stone fireplace with unique storage on either end. Massive ensuite offers 72" vanity with quartz top, soft close doors, Robern mirrors, separate shower and stand alone tub. An additional Tromm front load washer & dryer with cabinetry. Gorgeous hardwood flooring throughout most of home along with crown moldings and professional closet systems in all closets. Truly a remarkable entertaining home with three wet bars and composite deck off kitchen accompanying 4th level penthouse leading out to a massive roof deck and phenomenal views. Nothing to do but move in. Private fenced yard & a two car attached garage with pad for an additional vehicle complete this exceptional home. Great location near so much the city has to offer. Restaurants, shopping, schools, lake, museums, Soldier Field, all major expressways, downtown, famous Cottontail park.

Last Agent to Sell the Property

Cynthia Bauer

RE/MAX Premier License #471014829 Listed on: 04/28/2021

RE/MAX  Premier

Last Buyer's Agent

Morgan Sage

Berkshire Hathaway HomeServices Chicago License #475145394

Berkshire Hathaway HomeServices Chicago

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $17,270

Year Built

  • Built in 1992 | Remodeled in 2018

Lot Details

  • Fenced Yard

HOA Fees

  • $230 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Parking Included in Price
  • Zoned Parking Permit

Interior Spaces

  • 3,450 Sq Ft Home
  • 4-Story Property
  • Wet Bar
  • Built-In Features
  • Skylights
  • Fireplace With Gas Starter
  • Blinds
  • Drapes & Rods
  • Entrance Foyer
  • Living Room with Fireplace
  • Sitting Room
  • Formal Dining Room
  • Bonus Room
  • Wood Flooring

Kitchen

  • Double Oven
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Rooftop 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, lawn care, scavenger, snow removal
  • 50 Units
  • Association Phone (312) 379-0400
  • Dearborn Park Ii Subdivision
  • Property managed by Forth Group

Recreation

  • Park

Pet Policy

  • Dogs and Cats Allowed

Additional Features

  • Building Patio
  • Storm Screens

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$17,270

Year Built

Built in 1992 | Remodeled in 2018

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: 1992
  • 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): Yes
  • Unit Floor Level: 1
  • Rehab Year: 2018
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 4
  • Year Renovated: 2018

Interior Features

  • Appliances: Double Oven, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Skylight(s), Bar-Wet, Hardwood Floors, 1st Floor Laundry, Laundry Hook-Up in Unit, Built-in Features, Walk-In Closet(s), Drapes/Blinds, Separate Dining Room
  • LivingArea: 3450
  • Room Type: Bonus Room, Deck, Foyer, Pantry, Sitting Room, Walk In Closet, Other Room
  • Stories Total: 4
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 2812
  • Basement Description: None
  • Bathroom Amenities: Separate Shower
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Door Features: Sliding Doors,Sliding Glass Door(s)
  • Window Features: Curtains/Drapes,Skylight(s),Window Treatments

Exterior Features

  • ExteriorFeatures: Deck, Patio, Roof Deck, Storms/Screens
  • List Price: 1190000
  • Lot Features: Fenced Yard
  • Waterfront: No
  • Exterior Building Type: Brick,EIFS (e.g. Dryvit).

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Zoned Permit
  • ParkingTotal: 1
  • Number of Cars: 3
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

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 Amenities: Park, Patio
  • 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, Lawn Care, Scavenger, Snow Removal

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: 2314
  • Rural (Y/N): N
  • 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: 17269.92
  • Tax Year: 2019
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 50

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 20, 2023
Sold by
Lok Christopher
Bought by
Lok Christopher and Christopher K Lok Trust
Current Estimated Value
$1,313,212

Purchase Details

Listed on
Apr 28, 2021
Closed on
Jul 21, 2021
Sold by
Sunderman Kurt W and Cook Monica
Bought by
Lok Christopher and Sheng Josephine
Seller's Agent
Cynthia Bauer
RE/MAX Premier
Buyer's Agent
Morgan Sage
Berkshire Hathaway HomeServices Chicago
List Price
$1,325,000
Sold Price
$1,150,000
Premium/Discount to List
-$175,000
-13.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.60%
Original Mortgage
$400,000
Interest Rate
1.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 28, 2016
Sold by
Klein Barbara S
Bought by
Sunderman Kurt W and Sunderman Monica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$565,040
Interest Rate
3.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 30, 1995
Sold by
Darco John A and Murphy Margaret Mary
Bought by
Klein Barbara S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,200
Interest Rate
7.37%
Source: Public Records

Range of Values:

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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
Lok Christopher -- None Listed On Document
Lok Christopher $1,146,000 Lakeland Title Services
Sunderman Kurt W $706,500 First American Title
Klein Barbara S $356,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lok Christopher $400,000
Previous Owner Sunderman Kurt W $125,000
Previous Owner Sunderman Kurt W $565,040
Previous Owner Klein Barbara $98,000
Previous Owner Klein Barbara $60,000
Previous Owner Klein Barbara S $45,000
Previous Owner Bourgeios Adam $45,000
Previous Owner Klein Barbara S $249,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2021 07/27/21 Sold $1,150,000 -9.8% $333 / Sq Ft
06/13/2021 06/13/21 Pending -- -- --
05/11/2021 05/11/21 Price Changed $1,275,000 -3.8% $370 / Sq Ft
04/28/2021 04/28/21 For Sale $1,325,000 -- $384 / 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 $20,322 $103,000 $40,264 $62,736
2023 $19,807 $96,000 $32,396 $63,604
2022 $19,807 $96,000 $32,396 $63,604
2021 $18,691 $96,000 $32,396 $63,604
2020 $17,629 $82,236 $26,611 $55,625
2019 $17,270 $89,387 $26,611 $62,776
2018 $16,978 $89,387 $26,611 $62,776
2017 $16,113 $78,225 $21,983 $56,242
2016 $15,167 $78,225 $21,983 $56,242
2015 $13,854 $78,225 $21,983 $56,242
2014 $12,324 $68,992 $19,669 $49,323
2013 $12,070 $68,992 $19,669 $49,323
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11068288

Midwest Real Estate Data (MRED)

APN: 17-21-211-043-0000