$1,550,000
●
Condo -
Off Market
1242 W Jackson Boulevard #4
Chicago, IL 60607
4 Beds
4 Baths,
1
Half Bath
3,400 Ft²
$1,816,398
RealtyHop Estimate
6.91%
Since May 1, 2022
IL-Chicago
Primary Model
About This Property
Welcome to the West Loop! This spacious 3,400 sq ft, 4 Bed | 3.1
bath penthouse is in the heart of restaurants, transportation,
parks and Skinner Elementary School. Intimate 7-unit building with
an elevator. An entertainer's dream with the open living concept,
chef's kitchen and massive 10' island, wine fridge and private
rooftop deck! Vaulted cathedral ceilings and 6-tier skylights! The
2,000+ sq ft private rooftop deck is overlooking a beautiful
tree-lined street and is accessible through floor to ceiling
picture window doors. The rooftop features a custom pergola,
multiple gardens & wet bar. The recessed lighting is like living
among the stars. Character throughout with the contrast of the warm
neutral colors, walnut flooring, 8' walnut doors, 2 fireplaces, and
thick trim finishes. Bonus spaces like a formal dining space,
second family room and full laundry room. Three En Suite bedrooms
and a flex office/4th bedroom. Large primary suite with walk-in
closets and a double vanity! 2 indoor heated garage spaces
included.
Unit Size
3,400 Ft²
Days on Market
-
Land Size
-
Price per sqft
$500
Property Type
Condo
Property Taxes
$2,256
HOA Dues
$582
Year Built
2001
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 3 years ago (MRED MLS #11274419)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 15, 2022 | Sold | ||
| Sold | |||
| Jan 12, 2022 | Listed by Century 21 S.G.R., Inc. | $1,699,000 | |
| Listed by Century 21 S.G.R., Inc. | |||
Property Highlights
Garage
Elevator
Air Conditioning
Fireplace
Parking Details
Total Number of Parking: 2
Garage Spaces: 2
Garage Ownership: Owned
Garage On-Site: Yes
Garage Type: Attached
Interior Details
Bedrooms: 4
Bathrooms: 4
Half Bathrooms: 1
Full Bathrooms: 3
Interior Features: Vaulted/Cathedral Ceilings, Skylight(s), Bar-Wet, Elevator, Hardwood Floors, Laundry Hook-Up in Unit
Appliances: Double Oven, Microwave, Dishwasher, Refrigerator, Bar Fridge, Freezer, Washer, Dryer, Disposal
Rooms: 8
Fireplace Features: Wood Burning, Gas Starter
Fireplaces: 2
Basement: None
Basement Description: None
Exterior Details
Ownership: Condo
Exterior Building Type: Brick, Limestone
Age: 11-15 Years
Rebuilt(Y/N): No
Parcel Number: 17171131191007
Property Type: Residential
Year Built: 2008
Roof: Rubber
Special Conditions: List Broker Must Accompany
Exterior Features: Balcony, Deck, Storms/Screens, Outdoor Grill
Lot Size Dimensions: COMMON
Water Source: Lake Michigan
Financial Details
Tax Year: 2020
Tax Annual Amount: $27,073
Utilities Details
Cooling: Central Air, Zoned
Heating: Natural Gas
Sewer : Public Sewer
Location Details
Township: West Chicago
Corporate Limits: Chicago
Directions: north/south on Ashland to Jackson, 1-way east to property.
County or Parish: Cook
Elementary School District: 299
Elementary School: Skinner Elementary School
Middle Or Junior School District: 299
High School District: 299
Other Details
Association Fee Includes: Water, Electricity, Insurance, Exterior Maintenance, Scavenger, Snow Removal, Internet
Association Fee: $582
Association Fee Freq: Monthly
Holds Earnest Money: Yes
Some Photos Virtually Staged (Y/N): No
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/21/2025
|
3 Bed
|
2 Bath
|
1700 ft²
|
$775,000
3 Bed
2 Bath
1700 ft²
|
-
-
|
Joanne Nemerovski
Compass
| |
|
03/07/2025
|
3 Bed
|
2 Bath
|
1700 ft²
|
$750,000
3 Bed
2 Bath
1700 ft²
|
$740,000
-1.33%
05/16/2025
|
Steven Powers
Century 21 S.G.R., Inc.
| |
|
06/07/2023
|
4 Bed
|
3 Bath
|
2500 ft²
|
$969,900
4 Bed
3 Bath
2500 ft²
|
$835,000
-13.91%
01/12/2024
|
Brian Caron
Dream Town Realty
| |
|
12/01/2020
|
4 Bed
|
3 Bath
|
2500 ft²
|
$1,049,000
4 Bed
3 Bath
2500 ft²
|
-
-
|
-
| |
|
01/12/2022
|
4 Bed
|
4 Bath
|
3400 ft²
|
$1,699,000
4 Bed
4 Bath
3400 ft²
|
$1,550,000
-8.77%
04/15/2022
|
Steven Powers
Century 21 S.G.R., Inc.
| |
|
05/07/2020
|
3 Bed
|
2 Bath
|
1700 ft²
|
$749,900
3 Bed
2 Bath
1700 ft²
|
$740,000
-1.32%
08/24/2020
|
Tim Lorimer
| |
|
04/19/2017
|
4 Bed
|
3 Bath
|
-
|
$925,000
4 Bed
3 Bath
|
$908,500
-1.78%
06/28/2017
|
Keith Wilkey
Berkshire Hathaway HomeServices KoenigRubloff
| |
|
05/06/2008
|
4 Bed
|
3 Bath
|
-
|
$639,900
4 Bed
3 Bath
|
$635,000
-0.77%
11/07/2008
|
James Lynch
Century 21 S.G.R., Inc.
| |
|
11/26/2007
|
3 Bed
|
2 Bath
|
-
|
$535,000
3 Bed
2 Bath
|
$530,000
-0.93%
07/24/2008
|
Lidia Albanese
Century 21 S.G.R., Inc.
| |
|
12/31/2007
|
3 Bed
|
2 Bath
|
-
|
$505,000
3 Bed
2 Bath
|
$495,000
-1.98%
09/03/2008
|
Lidia Albanese
Century 21 S.G.R., Inc.
| |
|
12/31/2007
|
4 Bed
|
3 Bath
|
-
|
$639,900
4 Bed
3 Bath
|
$640,000
+0.02%
09/03/2008
|
James Lynch
Century 21 S.G.R., Inc.
| |
|
12/31/2007
|
3 Bed
|
2 Bath
|
-
|
$539,900
3 Bed
2 Bath
|
$535,000
-0.91%
06/17/2008
|
James Lynch
Century 21 S.G.R., Inc.
|
Building Info
About West Side
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Listed by: Steven Powers, Century 21 S.G.R., Inc.
Last Updated: 3 years ago
Data Source: MRED, MLS# 11274419
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.
Last Updated: 3 years ago
Data Source: MRED, MLS# 11274419
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