NOT LISTED FOR SALE

1506 W School St Chicago, IL 60657

Southport Corridor Neighborhood

Estimated Value: $2,380,000 - $2,586,000

5 Beds
5 Baths
3,254 Sq Ft
$749/Sq Ft Est. Value

About This Home

This home is located at 1506 W School St, Chicago, IL 60657 and is currently estimated at $2,436,225, approximately $748 per square foot. 1506 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
Apr 20, 2022
Sold by
Woodson James A
Bought by
Szabo Matthew A and Szabo Vasiliki
Current Estimated Value
$2,436,225

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Outstanding Balance
$1,389,343
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$1,046,882

Purchase Details

Closed on
Apr 4, 2022
Sold by
Woodson James A and Woodson Melinda B
Bought by
Szabo Matthew A and Szabo Vasiliki

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Outstanding Balance
$1,389,343
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$1,046,882

Purchase Details

Closed on
Feb 15, 2019
Sold by
Chicago Title Land Trust Co
Bought by
Woodson James A and Woodson Melinda B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$699,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 13, 2016
Sold by
Bcl Builders Llc
Bought by
Chicago Title Land Trust Company and Trust Number 8002371264

Purchase Details

Closed on
Aug 7, 2015
Sold by
Ash David S
Bought by
Bcl Builders Llc

Purchase Details

Closed on
Sep 29, 1998
Sold by
Arenson Steven J and Arenson Karen R
Bought by
Ash David S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,000
Interest Rate
6.88%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 20, 1995
Sold by
Lewis John J and Lewis Elisabeth K
Bought by
Arenson Steven J and Riggs Karen E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$423,000
Interest Rate
6.87%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Szabo Matthew A -- --
Szabo Matthew A $1,875,000 None Listed On Document
Woodson James A $1,640,000 Chicago Title
Chicago Title Land Trust Company -- Attorney
Bcl Builders Llc $820,000 Chicago Title Insurance Co
Ash David S $722,000 Chicago Title Insurance Co
Arenson Steven J $470,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Szabo Matthew A $1,500,000
Previous Owner Woodson James A $699,000
Previous Owner Ash David S $399,000
Previous Owner Arenson Steven J $423,000
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
2025 $39,561 $201,000 $58,125 $142,875
2024 $39,561 $201,000 $58,125 $142,875
2023 $37,862 $187,500 $46,875 $140,625
2022 $37,862 $187,500 $46,875 $140,625
2021 $39,347 $199,000 $46,875 $152,125
2020 $35,669 $160,117 $20,000 $140,117
2019 $35,680 $177,591 $20,000 $157,591
2018 $35,080 $177,591 $20,000 $157,591
2017 $34,641 $160,917 $17,500 $143,417
2016 $3,505 $17,500 $17,500 $0
2015 $13,119 $71,594 $17,500 $54,094
2014 $11,667 $62,883 $14,375 $48,508
2013 $11,437 $62,883 $14,375 $48,508
Source: Public Records

Map

Illinois Cook County Chicago 60657 Southport Corridor

1506 W School St, Chicago, IL

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