When was property at 1225 West School Street built and last sold?

The property at 1225 West School Street was built in 1997 and last sold on Aug 14, 2023 for $925,000.

How much is this home worth?

The estimated value of the home located at 1225 West School Street is $0.

What are some comparable homes to 1225 West School Street?

There are currently no comparable homes to 1225 West School Street.

Chicago

60657

Lakeview

1225 W School Street

$2,645,000

● House - Off Market

1225 W School Street

Chicago, IL 60657

4 Beds

7 Baths, 2 Half Baths

5,500 Ft²

$13,417

Est. Monthly

1.64%

Cap Rate

About This Property

Presenting 1225 W School, an exceptional 6 bedroom home in the heart of Lakeview in coveted Burley School. This home boasts large windows, high ceilings, and high-end finishes. The exquisite kitchen showcases top-of-the-line appliances, a built-in banquette seating area, and Quartz stone countertops. On the second level, you will find three en-suite bedrooms. The spacious primary suite is adorned with a large walk-in closet and a lavish marble bathroom featuring a freestanding soaking tub, steam shower, double vanity, and heated floors. Downstairs, the radiant-heated lower level impresses with extra-high 10' ceilings and oversized windows, making the space exceptionally bright and welcoming. Finally, the gem of this home is a full third floor, boasting a 4th bedroom up, a bathroom, rec room, bar, and huge rooftop deck for hosting unforgettable gatherings. This home is a must see!

Unit Size

5,500 Ft²

Days on Market

Land Size

Price per sqft

$484

Property Type

House

Property Taxes

$356

HOA Dues

Year Built

1997

Payment Calculator

Cap Rate Calculator

Last updated: 2 years ago (MRED MLS #12118243)

Price History

Date / Event	Date	Event
Dec 17, 2024	Sold	Premium
Sold
Oct 18, 2024	In contract	-
In contract
Oct 10, 2024	Price Decreased	$2,659,999 ↓ $10K (0.4%)
Price Decreased
Sep 18, 2024	Price Decreased	$2,669,999 ↓ $29K (1.1%)
Price Decreased
Jul 22, 2024	Listed by Ciric Realty	$2,699,000
Listed by Ciric Realty
Jul 2, 2024	Temporarily off market	-
Temporarily off market
Mar 14, 2024	Listed by Ciric Realty	$2,700,000
Listed by Ciric Realty

	1225 W School and 1227 W School are two single family homes that are nearing their completion, their delivery is anticipated for May 2024. These gorgeous 3 story parks are located in the heart of Lakeview, and boast high-end finishes, high ceilings, 4 bedrooms up, 2 bedrooms in the basement, and best of all a third floor recreation room with sliding doors to a massive roof deck with city views. This home is city living dream!
Jul 19, 2023	Sold	Premium
Sold
Feb 27, 2023	Listed by Nathan Wynsma	$975,000
Listed by Nathan Wynsma

	Imagine the possibilities. Zoned RT4 Restricted Single Family, 25 x 125 lot with an opportunity to purchase alone or with the adjoining lot *listed separately. Located in the Burley School District, situated directly across from beautiful Margaret Donahue Park, and two blocks from the middle of the Southport Corridor and all that it offers. Surrounded by $2 million dollar plus homes, some existing, and some which will be newly built in the next year or two on surrounding lots that were recently sold. Lot is cleared and shovel ready!

Property Highlights

Air Conditioning

Building Info

Overview

General

Year Built: 1997

Effective Year Built: 1997
Bedroom Count: 0
Building Condition: 0
Building Quality: 0
Construction Type: 0
Building Style: 0
Exterior Walls Type: 0
Interior Walls Type: 0
Roof Shape Type: 0
Roof Cover Type: 0
Floor Cover: 0
Basement Type: 0
Basement Area: 0
Garage Type: 0
Parking Space Count: 0
Patio Type: 0
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 3,150

Total Building Area: 10,400
Building Area: 10,400

Heating and Cooling

Air Conditioning: 0

Heating: 0
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: I
Subdivision: ALTGELDS SUB
Land Acres: 0000000720
Standard Land Use Code: 5000
County Land Use Code: 5-80
Legal Description 1: JOHN P (ALTGELDS) SUB SEC 20-40-14

Neighborhood

School District Name: Chicago Public School District 299

Census Tract: 062100

Zoning

Zoning: RT-4

Geography

Assessors Map Reference: Jan 01, 1970

District: 73
Parcel: 14-20-327-012-0000
Block: 327
Lot: 19,20
Meridian: SEC 20 TWN 40N RNG 14E
Municipality: LAKE VIEW
Latitude: 41.9414
Longitude: -87.66

Address

Full Address: 1225 W School St

Address - House Number: 1225
Street Direction: W
Address - Street Name: School
Address - Suffix Type: St
State: IL
City Name: Chicago
Zip Code: 60657

Valuation

Tax

Tax Year: 2022

Tax Amount: $436,458
Tax Rate Code Area: 73105

Open Liens

Total Open Liens:

Premium

Total Open Liens Amount:

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First Open Lien Mortgage Lender:

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First Open Lien Mortgage Recording Date:

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First Open Lien Mortgage Loan Amount:

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First Open Lien Mortgage Term:

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First Open Lien Mortgage Position:

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First Open Lien Mortgage Loan Type:

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First Open Lien Mortgage Loan Due Date:

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Market Valuation

Market Total Value: $84,884

Market Land Value: $78,752
Market Improvement Value: $6,132

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $21,221
Assessed Land Value: $19,688
Assessed Improvements Value: $1,533

Sales

Current Sale Contract Date: Aug 14, 2023

Current Sale Recording Date: Oct 02, 2023
Current Sale Price:

Premium
Current Sale Document Type: 68
Current Sale Input Document Number: 10082
Previous Sale Recording Date: Jul 31, 2023
Previous Sale Contract Date: Jul 20, 2023
Previous Sale Amount: $890,000
Previous Sale Document Type: 68

Previous Mortgages

Previous Mortgage Lender:

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Previous Mortgage Transaction Date:

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Previous Mortgage Loan Amount:

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Previous Mortgage Term:

Premium
Previous Mortgage Loan Type:

Premium

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About North Side

Stats & Trends

Median Asking:

$494,950

Sale Price/ft²

$338

Above Asking

0.00%

Average Days on Market

Average Home Size

1236 ft²

Average Home Age

61.9 years

Currently For Sale

589 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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$4,000 /mo

2 Beds
2 Baths

952 W Altgeld Street #2, Chicago, IL, 60614 Listing by Hilary O'Connor

Unit for rent at 1025 W Addison Street, Chicago, IL, 60613

$3,905 /mo

2 Beds
2 Baths
1,186 ft²

1025 W Addison Street #503D, Chicago, IL, 60613 Listing by Elaine Ramirez

Unit for rent at 939 W Montana Street, Chicago, IL, 60614

$3,800 /mo

2 Beds
2 Baths
1,100 ft²

939 W Montana Street #G, Chicago, IL, 60614 Listing by Catherine Boyle

Rentals Near You

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Listed by: Katarina Savic, Ciric Realty
Last Updated: 2 years ago
Data Source: MRED, MLS# 12118243

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

1225 W School Street

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Zoning

Geography

Valuation

Comparables

About North Side

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions