See Home Value
Chicago 60610 Near North Side
1241 North State Parkway
$6,904,853*
House - Off Market

1241 North State Parkway

Chicago, IL 60610
bedrooms
6 Beds
bathrooms
8 Baths, 2 Half Baths
square feet
7430 Sqft
$5,400,000 - $6,598,000
Reference Base Price*
15.10%
Since Nov 1, 2021
IL-Chicago
Primary Model
Sold Oct 20, 2020
$5,900,000
Sold Jul 06, 2016
$1,500,000
$2,130,000 by Countryside Bank
Mortgage

About This Property

Bloomfield Development presents an ultra-rare, new construction, 7,400-square-foot single-family home in the heart of the famed Gold Coast. Located on an oversized 150' deep parcel on one of Chicago's most prestigious streets, this classic home features a French limestone facade, 6 bedrooms, 6 full baths, 2 half baths, a 5-stop elevator, & a garage for up to 4 cars (with optional lift & breezeway attachment). Enter through the elegant entry hall in the front, or through the large mudroom in the back. Expansive main level features paneled living room, spacious dining room with adjacent wet bar, and unbelievable kitchen/great room with gorgeous windows & sunlight. Tremendous ceiling heights throughout. The master suite includes a separate sitting room with fireplace, dressing area and enormous walk-in closets. Addl bedroom/den on master level. Three secondary bedrooms + additional study on top floor. Huge media room with bar & wine cellar in lower level. Rear yard + 2 rooftop terraces!

The manager has listed the unit size as 7430 square feet.
Unit Size
7,430Ft²
Days on Market
-
Land Size
0.08 acres
Price per sqft
$807
Property Type
House
Property Taxes
$35,040
HOA Dues
-
Year Built
2019

Price History

Date / Event Date Event Price
Oct 6, 2021 No longer available -
No longer available
Oct 20, 2020 Sold $5,900,000
Sold
Jul 7, 2020 In contract -
In contract
Mar 11, 2020 No longer available -
No longer available
Mar 9, 2020 Listed $5,999,000
Listed
Show More

Property Highlights

Fireplace
Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 2019
  • Effective Year Built: 2019
  • Building Count: 1
  • Total Rooms: 14
  • Bedroom Count: 6
  • Bathroom Count: 7
  • Full Bathrooms: 6
  • Partial Bathrooms: 7
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Bungalow
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Tar and gravel
  • Floor Count: 3
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,349
  • Total Building Area: 4,290
  • Gross Building Area: 4,290
  • Building Area: 4,290
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 4,290
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: STONES SUB OF ASTORS
  • Land Acres: 0.077
  • Standard Land Use Code: Single family residential
  • Legal Description 1: H O (STONES) SUB OF (ASTORS) ADD TO CHGO BEING A SUB OF PART NW SEC 03-39-14

Ownership

  • Current Owner : CRESCENT FERRY LLC
  • Previous Owner : 1241 STATE PARKWAY LLC
  • Owner Before Previous Owner: GOLOVAN BRUCE

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 080100

Zoning

  • Zoning: RM-5

Geography

  • Assessors Map Reference: 02S-23-05
  • District: 74
  • Parcel: 17-03-109-010-0000
  • Block: 5
  • Lot: 8
  • Meridian: SEC 03 TWN 39N RNG 14E
  • Municipality: NORTH CHICAGO
  • Latitude: 41.9052
  • Longitude: -87.6283

    Address

  • Full Address: 1241 N State Pkwy
  • Address - House Number: 1241
  • Street Direction: N
  • Address - Street Name: State
  • Address - Suffix Type: Pkwy
  • State: IL
  • City Name: Chicago
  • Carrier Code: C007
  • 4-Digit Zip Code: 2222
  • Zip Code: 60610

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $70,590
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 74002

    Appraisal Valuation

  • Standard Deviation: 0.1509
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 69
  • Final Value: 2,716,854
  • High Value: 3,126,923
  • Low Value: 2,306,784

    Market Valuation

  • Market Total Value: $3,432,000
  • Market Land Value: $837,250
  • Market Improvement Value: $2,594,750

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $343,200
  • Assessed Land Value: $83,725
  • Assessed Improvements Value: $259,475

    Sales

  • Current Sale Contract Date: Aug 31, 2020
  • Current Sale Recording Date: Oct 20, 2020
  • Current Sale Transaction ID: 11793654955
  • Current Sale Price: $5,900,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2029217256
  • Previous Sale Recording Date: Jul 06, 2016
  • Previous Sale Contract Date: Jul 01, 2016
  • Previous Sale Amount: $1,500,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Oct 20, 2020
  • First Mortgage Loan Amount: $3,835,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2050

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: COUNTRYSIDE BANK
  • Previous Mortgage Transaction Date: Jul 06, 2016
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $2,130,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
5 Beds
9 Baths
8,650 ft²
$693/ft²
$5,995,000 Sep 12, 2022
-
$7,660/mo
House
3 Beds
3.5 Baths
5,388 ft²
$1,253/ft²
$6,750,000 May 31, 2022
-
$12,430/mo

About Central Chicago


Similar Homes for Sale

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159 East Walton Street #32A, 60611 Listing by Katherine Malkin

Nearby Rentals

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Unit for rent at

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Unit for rent at

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Frequently Asked Questions

When was property at 1241 North State Parkway built and last sold?
The property at 1241 North State Parkway was built in 2019 and last sold on Aug 31, 2020 for $5,900,000.
How much is this home worth?
The estimated value of the home located at 1241 North State Parkway is $6,058,186.
What are some comparable homes to 1241 North State Parkway?
There are currently no comparable homes to 1241 North State Parkway.

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