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1812 South Federal Street

1812 South Federal Street, Chicago, IL 60616
Condo in South Loop
1812 South Federal Street is a condo located in South Loop, Chicago. The building was first built in 1998 and is 26 years old.

Interested in learning more about the building? There are many great amenities and features for residents in the building. If you drive, rest assured! The building has its own garage, which would come in super-handy for parking! On weekends, residents can enjoy the building's deck and patio space. There are 14 closings on record, of which we have matching data for 3 listings. In the past 3 years, a listing in this building will typically remain on the market for about 84 days and tend to sell above the original asking price of $480,000 by 0.03%. Meaning, listings tend to sell at a median of $238 price per square foot. The transaction that took the longest to complete was unit E7, listed on Dec 01, 2018 for $319,900. This particular unit ultimately sold 95 days later for $320,000. The most recent transaction was for unit F35, which was first advertised on Feb 08, 2022, sold for $490,000 on Apr 08, 2022. Fun fact, the oldest transaction we have on record took place on Nov 05, 1998. See the full transaction history for 1812 South Federal Street below.

South Loop, where 1812 South Federal Street is located, has a median asking price of $629,000 for condo buildings. Meanwhile, the building itself has a median asking price of $480,000. For interested buyers, that means the building's median asking price is around 0.24% below the neighborhood's median asking price for condos. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other condo buildings in the neighborhood.

Unfortunately, there are currently no active listings within the building but our inventory of available units for sale is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Brick Exterior
Vinyl Siding

Parking

Garage Parking
This property description is generated based on publicly available data.

13 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20230309 Unit E5
03/09/2023
E5
2 Bed
2 Bath
2000 ft²
$490,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
2000 ft²
-
-
-
Christine Rivera-Guevarra
EXIT Strategy Realty
20221011 Unit E6
10/11/2022
E6
3 Bed
2.5 Bath
2118 ft²
$539,000
bedrooms
3 Bed
bathrooms
2.5 Bath
square feet
2118 ft²
-
-
-
Rosemary Rehak
Molloy & Associates, Inc.
20220615 Unit 33
06/15/2022
33
3 Bed
2 Bath
2000 ft²
$545,000
bedrooms
3 Bed
bathrooms
2 Bath
square feet
2000 ft²
-
-
-
James Chou
HomeSmart Realty Group
20220208 Unit F35
02/08/2022
F35
2 Bed
2 Bath
2000 ft²
$480,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
2000 ft²
$490,000 +2.08%
04/08/2022
Merissa Alexander
Baird & Warner
20211116 Unit E2
11/16/2021
E2
3 Bed
3 Bath
2200 ft²
$575,000
bedrooms
3 Bed
bathrooms
3 Bath
square feet
2200 ft²
-
-
-
Kristine Daley
Dream Town Realty
20210813 Unit H48
08/13/2021
H48
3 Bed
2 Bath
2100 ft²
$519,000
bedrooms
3 Bed
bathrooms
2 Bath
square feet
2100 ft²
$490,000 -5.59%
11/05/2021
Cindy Weinreb
Redfin Corporation
20210406 Unit 8
04/06/2021
8
3 Bed
2 Bath
2200 ft²
$529,000
bedrooms
3 Bed
bathrooms
2 Bath
square feet
2200 ft²
-
-
-
-
20210311 Unit 10
03/11/2021
10
2 Bed
1 Bath
1350 ft²
$319,900
bedrooms
2 Bed
bathrooms
1 Bath
square feet
1350 ft²
-
-
-
-
20200820 Unit H48
08/20/2020
H48
3 Bed
2 Bath
2100 ft²
$510,000
bedrooms
3 Bed
bathrooms
2 Bath
square feet
2100 ft²
-
-
-
-
20200612 Unit 10
06/12/2020
10
2 Bed
1 Bath
1350 ft²
$319,900
bedrooms
2 Bed
bathrooms
1 Bath
square feet
1350 ft²
-
-
-
-
20200213 Unit 28
02/13/2020
28
2 Bed
1 Bath
-
$319,900
bedrooms
2 Bed
bathrooms
1 Bath
-
-
-
-
20190603 Unit G21
06/03/2019
G21
3 Bed
2 Bath
2000 ft²
$480,000
bedrooms
3 Bed
bathrooms
2 Bath
square feet
2000 ft²
-
-
-
-
20181201 Unit E7
12/01/2018
E7
2 Bed
1 Bath
1350 ft²
$319,900
bedrooms
2 Bed
bathrooms
1 Bath
square feet
1350 ft²
$320,000 +0.03%
03/06/2019
James La Ha

Building Info

Overview

    General

  • Year Built: 1998
  • Building Count: 1
  • Bedroom Count: 0
  • Building Style: Condo
  • Living Units: 36
  • Business/Commerical Units Count: 36
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 37,662
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: DEARBORN VILLAGE 04 CONDO
  • Land Acres: 0.865
  • Standard Land Use Code: Condominium unit (residential)

Ownership

  • Current Owner : AKINDELE ANTHONY
  • Current Owner 2: TOPPS AKINDELE MERRESA
  • Previous Owner : DEARBORN VILLAGE LLC I
  • Ownership Rights Codes: Tenants in Common

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 841000

Zoning

  • Zoning: PD 644

Geography

  • District: 76
  • Parcel: 17-21-409-034-1018
  • Lot: 5,8
  • Meridian: SEC 21 TWN 39N RNG 14E
  • Municipality: SOUTH CHICAGO
  • Latitude: 41.8569
  • Longitude: -87.6277

    Address

  • Full Address: 1812 S State Stt
  • Address - House Number: 1812
  • Street Direction: S
  • Address - Street Name: State Stt
  • State: IL
  • City Name: Chicago
  • Zip Code: 60616

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,134
  • Tax Rate Code Area: 76079

    Appraisal Valuation

  • Standard Deviation: 0.1817
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 76
  • Final Value: 458,015
  • High Value: 541,249
  • Low Value: 374,780

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $306,500
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Apr 12, 2007
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $139,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Mar 17, 2037
  • Second Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • Second Open Lien Mortgage Recording Date: Jun 12, 2012
  • Second Open Lien Mortgage Loan Amount: $167,500
  • Second Open Lien Mortgage Term: 180
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Jun 01, 2027

    Market Valuation

  • Market Total Value: $380,010
  • Market Land Value: $165,040
  • Market Improvement Value: $214,970

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $38,001
  • Assessed Land Value: $16,504
  • Assessed Improvements Value: $21,497

    Sales

  • Current Sale Contract Date: Apr 08, 1999
  • Current Sale Recording Date: May 21, 1999
  • Current Sale Transaction ID: 1094523264
  • Current Sale Price: $214,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 99493869

    Last Sale Mortgage

  • First Mortgage Lender: PRISM MTG COMPANY
  • First Mortgage Transaction Date: May 21, 1999
  • First Mortgage Loan Amount: $171,150
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: May 01, 2029

About Central Chicago



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Frequently Asked Questions

What neighborhood is 1812 South Federal Street located in?
The 1812 South Federal Street is a condo located in the neighborhood of South Loop in Central Chicago, Chicago.
What is the average sales price for listings in 1812 South Federal Street?
The average sales price for units in 1812 South Federal Street is $480,000 , or $238/sqft. currently.

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