See Home Value
Chicago 60610 Near North Side
1316 North Dearborn Parkway
$8,129,184*
House - Off Market

1316 North Dearborn Parkway

CHICAGO, IL 60610
bedrooms
6 Beds
bathrooms
7 Baths, 1 Half Bath
square feet
6400 Sqft
$5,396,000 - $6,594,000
Reference Base Price*
35.60%
Since Sep 1, 2019
IL-Chicago
Primary Model
Sold Jan 02, 2020
$3,775,000
$1,980,000 by Ubs Bank Usa
Mortgage Due Dec 01, 2051
Sold Oct 08, 2014
$4,287,500
$2,999,998 by Bank Of America Na
Mortgage Due Sep 24, 2029

About This Property

Historic character and exquisite architectural details of a Brand New Mansion in the Gold Coast. 6 bedrooms, 6 baths and 2 powder rooms, 2.5 car garage on a oversized lot of 25x150 deep for your enjoyment.  The home offers a grand chef's kitchen over looking a beautifully landscaped garden.  Elevator travels all the way to the roof terrace, 4 fireplaces. Crown moldings restored to historic look. The coach house offers a 1 bedroom and 2 baths above the Garage. The lower level has provides a separate entrance for Nanny, In Law   or College student living. First floor offers spacious living, natural light, huge dining room to a huge kitchen with breakfast room. This 12 ft ceiling home is completely new. The outdoor terrace provides grilling; private wet bar and your caterer can use the elevator for service. Near lake, parks, shopping and fine dining. Coach house is 1300 square feet house is 5100 square feet.

The manager has listed the unit size as 6400 square feet.
Unit Size
6,400Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$937
Property Type
House
Property Taxes
$50,530
HOA Dues
-
Year Built
1922

Price History

Date / Event Date Event Price
Aug 24, 2019 No longer available -
No longer available
Jun 9, 2019 No longer available -
No longer available
Jun 6, 2019 Listed $5,995,000
Listed
Apr 26, 2019 Relisted $6,400,000
Relisted
Apr 25, 2019 No longer available -
No longer available
Show More

Property Highlights

Fireplace
Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1922
  • Effective Year Built: 1922
  • Building Count: 2
  • Total Rooms: 23
  • Bedroom Count: 10
  • Bathroom Count: 6
  • Full Bathrooms: 5
  • Partial Bathrooms: 6
  • 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
  • Living Units: 5
  • Business/Commerical Units Count: 3
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,739
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 250
  • Total Building Area: 5,288
  • Gross Building Area: 5,288
  • Building Area: 5,288
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 5,288
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BRONSONS ADD
  • Land Acres: 0.086
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: (ASSESSORS) DIVN OF LTS16-23 IN BRONSONS ADD TO CHICA GO IN NE SEC 04-39-14

Ownership

  • Current Owner : MOORE MICHELE
  • Current Owner 2: MOORE NEAL
  • Previous Owner : 1316 DEARBORN LLC
  • Owner Before Previous Owner: CHICAGO TITLE LAND TRUST COMPANY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 080202

Zoning

  • Zoning: RM-5

Geography

  • Assessors Map Reference: 02S-26-01
  • District: 74
  • Parcel: 17-04-217-041-0000
  • Lot: 16-23
  • Meridian: SEC 04 TWN 39N RNG 14E
  • Municipality: NORTH CHICAGO
  • Latitude: 41.9063
  • Longitude: -87.6305

    Address

  • Full Address: 1316 N Dearborn St
  • Address - House Number: 1316
  • Street Direction: N
  • Address - Street Name: Dearborn
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C070
  • 4-Digit Zip Code: 7270
  • Zip Code: 60610

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $49,704
  • Tax Rate Code Area: 74002

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 1,464,596
  • High Value: 1,838,828
  • Low Value: 1,090,363

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,980,000
  • First Open Lien Mortgage Lender: UBS BANK USA
  • First Open Lien Mortgage Recording Date: Nov 23, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $1,980,000
  • 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: Dec 01, 2051

    Market Valuation

  • Market Total Value: $2,450,750
  • Market Land Value: $934,750
  • Market Improvement Value: $1,516,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $245,075
  • Assessed Land Value: $93,475
  • Assessed Improvements Value: $151,600

    Sales

  • Current Sale Contract Date: Dec 18, 2019
  • Current Sale Recording Date: Jan 02, 2020
  • Current Sale Transaction ID: 11712623591
  • Current Sale Price: $3,775,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2000222191
  • Previous Sale Recording Date: Oct 08, 2014
  • Previous Sale Contract Date: Sep 24, 2014
  • Previous Sale Amount: $4,287,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Jan 02, 2020
  • First Mortgage Loan Amount: $1,999,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF AMERICA NA
  • Previous Mortgage Transaction Date: Oct 08, 2014
  • Previous Mortgage Loan Amount: $2,999,998
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: Unknown (DEFAULT)
  • Previous Mortgage Loan Due Date: Sep 24, 2029



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
4 Beds
6 Baths
8,100 ft²
$858/ft²
$6,950,000 Sep 20, 2022
-
$18,360/mo

About Central Chicago


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Nearby Rentals

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Frequently Asked Questions

When was property at 1316 North Dearborn Parkway built and last sold?
The property at 1316 North Dearborn Parkway was built in 1922 and last sold on Dec 18, 2019 for $3,775,000.
How much is this home worth?
The estimated value of the home located at 1316 North Dearborn Parkway is $6,054,950.
What are some comparable homes to 1316 North Dearborn Parkway?
There are currently no comparable homes to 1316 North Dearborn Parkway.

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