Check Availability
$1,059,000
↓ $6K (0.6%)
House - For Sale

1242 S STATE Street

Chicago, IL 60605
bedrooms
3 Beds
bathrooms
3.5 Baths, 1 Half Bath
$8,000
Estimated Monthly
$1,300
HOA / Fees
2.88%
Cap Rate

About This Property

Rarely available single family home in Dearborn Park II of the South Loop. Includes 3 bedrooms on 2nd level with cathedral ceilings, master en suite, laundry and additional work space; two bedrooms with floor to ceiling built-in book shelves. Main floor has separate living, dining and family rooms with one fireplace.  There are hardwood floors on 1st and 2nd floors.  10 new windows recently installed and a side by side laundry room with new washer/dryer on the second floor.  Additionally, new refrigerator and double oven.  Primary bath has glass enclosed multi jet head rain shower.  Fully finished lower which includes office or exercise room, rec room, full bathroom and large storage room. Approx. 2600 sq ft. Amazing rooftop garage deck with views of the Willis Tower to maximize outdoor living and dining spaces.  Additional lower level patio, 2 car detached garage in gated alley. Prime location: steps to schools, museums, Grant Park, lake, loop, grocery, and transportation.  There is a neighborhood pool option in the summer (additional cost).
Unit Size
-
Days on Market
457 days
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$1,499
HOA Dues
$1,300
Year Built
1995
Listed By
Last updated: 5 months ago (MREDIL #11707575)

Price History

Date / Event Date Event Price
Sep 17, 2023 Price Decreased $1,059,000
↓ $6K (0.6%)
Price Decreased
Jul 15, 2023 Price Decreased $1,065,000
↓ $10K (0.9%)
Price Decreased
Jul 9, 2023 Relisted $1,075,000
Relisted
Jul 8, 2023 No longer available -
No longer available
Jun 23, 2023 Price Decreased $1,075,000
↓ $14K (1.3%)
Price Decreased
Show More

Property Highlights

Fireplace
Air Conditioning
Interior Details

Interior Information

Deck

Fireplace Information

Fireplace
Exterior Details

Exterior Information

Cedar Siding

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 1995
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 2,424
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 250
  • Total Building Area: 1,872
  • Gross Building Area: 1,872
  • Building Area: 1,872
  • Building Area Measurement: unknown

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,872
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: CHICAGO HOMES DEARBORN PARK
  • Land Acres: 0.056
  • Legal Description 1: PART NE4 S21 T39N R14E 3P

Ownership

  • Current Owner : CAYEMBERG JOHN P
  • Current Owner 2: CAYEMBERG JENNIFER B
  • Previous Owner : RATNER STACY J
  • Owner Before Previous Owner: AXELROD DAVID
  • Owner Before Previous Owner 2: PITTS JENNIFER
  • Is Owner Occupied: unknown

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 330200

Zoning

  • Zoning: PD 169

Geography

  • District: 76
  • Parcel: 17-21-214-066-0000
  • Lot: 20
  • Meridian: SEC 21 TWN 39N RNG 14E
  • Municipality: SOUTH CHICAGO
  • Latitude: 41.8662
  • Longitude: -87.6278

    Address

  • Full Address: 1242 S State St
  • Address - House Number: 1242
  • Street Direction: S
  • Address - Street Name: State
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C026
  • 4-Digit Zip Code: 2405
  • Zip Code: 60605

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $18,385
  • Tax Rate Code Area: 76079

    Appraisal Valuation

  • Standard Deviation: 0.1011
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 90
  • Final Value: 963,103
  • High Value: 1,060,480
  • Low Value: 865,726

    Market Valuation

  • Market Total Value: $925,300
  • Market Land Value: $339,360
  • Market Improvement Value: $585,940

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $92,530
  • Assessed Land Value: $33,936
  • Assessed Improvements Value: $58,594

    Sales

  • Current Sale Contract Date: Dec 11, 2010
  • Current Sale Recording Date: Jan 12, 2011
  • Current Sale Transaction ID: 1094523061
  • Current Sale Price: $657,500
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 1101204165
  • Previous Sale Recording Date: Jul 05, 2005
  • Previous Sale Contract Date: Jun 27, 2005
  • Previous Sale Amount: $725,000
  • Previous Sale Document Type: unknown

    Previous Mortgages

  • Previous Mortgage Lender: NATIONAL CITY MORTGAGE
  • Previous Mortgage Transaction Date: Jul 05, 2005
  • Previous Mortgage Loan Amount: $350,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: unknown
  • Previous Mortgage Loan Due Date: Jul 01, 2035

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
3 Baths
2,800 ft²
$375/ft²
$1,050,000 Jun 21, 2023
-
$1,724/mo
House
3 Beds
3 Baths
2,210 ft²
$459/ft²
$1,015,000 May 26, 2023
-
$2,782/mo
House
3 Beds
3 Baths
2,460 ft²
$402/ft²
$990,000 Jun 1, 2023
-
$3,075/mo
House
3 Beds
2 Baths
1,800 ft²
$528/ft²
$950,000 May 30, 2023
-
$2,822/mo
House
2 Beds
2 Baths
1,700 ft²
$588/ft²
$999,900 Jul 5, 2023
-
$3,048/mo
Townhouse
3 Beds
3 Baths
-
$925,000 Jun 6, 2023
-
$1,377/mo
Townhouse
4 Beds
3.5 Baths
3,820 ft²
$327/ft²
$1,250,000 Apr 17, 2023
-
$2,434/mo
Townhouse
5 Beds
7 Baths
5,124 ft²
$234/ft²
$1,199,995 May 30, 2023
-
$2,735/mo

About Central Chicago


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Frequently Asked Questions

When was property at 1242 South State Street built and last sold?
The property at 1242 South State Street was built in 1995 and last sold on Dec 11, 2010 for $657,500.
How much is this home worth?
The estimated value of the home located at 1242 South State Street is $1,069,590.
What are some comparable homes to 1242 South State Street?
Homes that are comparable to 1242 South State Street include a house property at 1211 South Prairie Avenue, 1160 South Michigan Avenue, 1201 South Prairie Avenue.

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