See Home Value
Chicago 60657 Lakeview
1216 W George Street
$2,700,000 - $3,298,000
House - Off Market

1216 W George Street

Chicago, IL 60657
bedrooms
4 Beds
bathrooms
4.5 Baths, 1 Half Bath
square feet
5600 Sqft
Sold Mar 22, 2024
$2,999,000
$2,399,200 by U.s. Bank National Association
Mortgage Due Apr 01, 2054
Sold May 01, 2018
$600,000
$480,000 by Fairway Independent Mortgage C
Mortgage Due May 01, 2048

About This Property

Unveiling this brand-new construction single family home on a RT4 zoned lot that is not easy to find... boasting an additional full floor of living! Crafted entirely in brick with a limestone facade and discreet side entry, this gated residence exudes elegance. Upon entering, you'll find yourself in a formal front living/dining room with lofty 10'+ ceilings and incredible millwork throughout, leading down a couple of stairs to the grand kitchen and living area with SOARING, DRAMATIC ceilings of over 12+ feet! The CUSTOM Italian kitchen is a marvel, equipped with built-in SUBZERO AND WOLF appliances, including a convenient built-in coffee maker. Conveniently step outside onto the elevated rear patio that seamlessly connects this space to the living room and up to the garage rooftop deck creating an enormous outdoor space and wonderful indoor/outdoor living, and just a few steps down to your private garage. The second floor hosts 3 bedrooms, with an expansive primary suite featuring two enormous walk-in closets and a spa-like bathroom. Complete with a steam shower, dual vanity wings, and a freestanding tub for those cozy winter nights. The 2nd and 3rd bathrooms have a shared jack and jill bath. Venture to the unique third floor, boasting a 1,000+ sqft room that can serve as a bonus living room/entertainment area or be enclosed as a 6th bedroom with a private full bathroom, along with a sizable entertaining space. This floor also offers a wet bar and two separate outdoor deck spaces. The lower level adds to the luxury with heated floors throughout the tiled herringbone laid floors, high ceilings and two additional bedrooms, a full bath, and a SAUNA! A downstairs family room with a full wet bar including a huge wine fridge provides yet another space to unwind. This home is just STUNNING....

The manager has listed the unit size as 5600 square feet.
Unit Size
5,600Ft²
Days on Market
-
Land Size
-
Price per sqft
$536
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2022

Price History

Date / Event Date Event Price
Mar 22, 2024 No longer available -
No longer available
Feb 17, 2024 In contract -
In contract
Feb 8, 2024 No longer available -
No longer available
Feb 6, 2024 Listed $2,999,000
Listed
Jan 24, 2024 Listed $3,199,900
Listed
Unveiling this brand-new construction single family home on a RT4 zoned lot that is not easy to find... boasting an additional full floor of living! Crafted entirely in brick with a limestone facade and discreet side entry, this gated residence exudes elegance. Upon entering, you'll find yourself in a formal front living/dining room with lofty 10'+ ceilings and incredible millwork throughout, leading down a couple of stairs to the grand kitchen and living area with SOARING, DRAMATIC…
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Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2022
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 6
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Multifamily
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Tar and gravel
  • Floor Count: 3
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,075
  • Total Building Area: 3,644
  • Gross Building Area: 3,644
  • Building Area: 3,644
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 3,644
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: THE CENTER OF LINCOLN AVENUE
  • Land Acres: 0.071
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : RAEDER MARK A
  • Current Owner 2: MISTRETTA LAUREN E
  • Previous Owner : 1216 GEORGE LLC
  • Owner Before Previous Owner: SHERPA CAPITAL GROUP LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 062800

Zoning

  • Zoning: RT-4

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 73
  • Parcel: 14-29-123-030-0000
  • Block: 8
  • Lot: 93
  • Meridian: SEC 29 TWN 40N RNG 14E
  • Municipality: LAKE VIEW
  • Latitude: 41.9348
  • Longitude: -87.6596

    Address

  • Full Address: 1216 W George St
  • Address - House Number: 1216
  • Street Direction: W
  • Address - Street Name: George
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C062
  • 4-Digit Zip Code: 4220
  • Zip Code: 60657

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $39,041
  • Tax Rate Code Area: 73105

    Appraisal Valuation

  • Standard Deviation: 0.1509
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 69
  • Final Value: 1,844,796
  • High Value: 2,123,241
  • Low Value: 1,566,350

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,399,200
  • First Open Lien Mortgage Lender: U.S. BANK NATIONAL ASSOCIATION
  • First Open Lien Mortgage Recording Date: Mar 22, 2024
  • First Open Lien Mortgage Loan Amount: $2,399,200
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2054

    Market Valuation

  • Market Total Value: $2,138,130
  • Market Land Value: $538,130
  • Market Improvement Value: $1,600,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $213,813
  • Assessed Land Value: $53,813
  • Assessed Improvements Value: $160,000

    Sales

  • Current Sale Contract Date: Mar 20, 2024
  • Current Sale Recording Date: Mar 22, 2024
  • Current Sale Transaction ID: 11923084859
  • Current Sale Price: $2,999,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 8032
  • Previous Sale Recording Date: May 01, 2018
  • Previous Sale Contract Date: Apr 09, 2018
  • Previous Sale Amount: $600,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: U.S. BANK NATIONAL ASSOCIATION
  • First Mortgage Transaction Date: Mar 22, 2024
  • First Mortgage Loan Amount: $2,399,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2054

    Previous Mortgages

  • Previous Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • Previous Mortgage Transaction Date: May 01, 2018
  • Previous Mortgage Loan Amount: $480,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: May 01, 2048



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
6 Beds
8 Baths
6,200 ft²
$451/ft²
$2,795,000 Feb 20, 2024
-
$3,260/mo
House
6 Beds
5.5 Baths
5,000 ft²
$580/ft²
$2,900,000 Feb 5, 2024
-
$3,160/mo
House
6 Beds
6 Baths
-
$2,425,000 Feb 13, 2024
-
$1,166/mo
House
6 Beds
5.5 Baths
-
$3,200,000 Feb 1, 2024
-
$3,475/mo
Commercial
Loft
-
3,600 ft²
$694/ft²
$2,500,000 Nov 30, 2023
-
$1,468/mo

About North Side


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Frequently Asked Questions

When was property at 1216 West George Street built and last sold?
The property at 1216 West George Street was built in 2022 and last sold on Mar 20, 2024 for $2,999,000.
How much is this home worth?
The estimated value of the home located at 1216 West George Street is $2,985,698.
What are some comparable homes to 1216 West George Street?
There are currently no comparable homes to 1216 West George Street.

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