2 months on rocket

1200 W Grand Ave, Chicago, IL, 60642

$1,360,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
3 Baths
House
Schools Nearby

Location

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1200 W Grand Ave, Chicago$1,360,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
Attached Garage2 spaces
Year Built1893
HeatingNatural Gas
MLS #11987206
StatusActive

About 1200 W Grand Ave

A meticulously maintained 3-unit building, located in Chicago's vibrant West Town neighborhood, offers both a fantastic investment opportunity and potential for conversion into a spacious single-family home. Unit One, renovated in 2020, features an open floor plan with 12-foot ceilings, stainless steel kitchen appliances, and a versatile lower level ideal for entertainment or a flex workspace. Unit Two, renovated in 2018, boasts modern amenities including refinished hardwood floors, new stainless steel appliances, and a large private rooftop deck (18' x 18'). Unit Three, converted into a high-demand office space, offers a large private office, a communal work area, and an attached oversized two-car garage. The lower roof with the deck was redone in 2022, the upper roof resurfaced at the same time. The rooftop deck was rebuilt as well in 2022. Building tuckpointing was done in 2023. Conveniently located near all transportation; CTA Bus, the Blue Line, and I-94, with abundant free parking and an array of dining options nearby, this property presents an unparalleled opportunity for investors or those seeking a spacious urban residence

Property Details

Property Features

Property Information:

  • Year Built: 1893

Listing Office:

  • Office Name: Homesmart Connect LLC
  • Office Phone: (312) 500-5040
  • Listing Agent: Benjamin Horowitz

Interior Features

Interior Information:

  • Basement: No

Bedroom and Bathroom Information:

  • Total Bedroom Count: 5

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes

Utilities

Utilities Information:

  • Heating: Natural Gas

School Info

Assigned Schools Information:

  • Wells Community Academy High School, Public District Grades 9-12
  • Otis Elementary School, Public District Grades KG-8

Other

Directions Information:

  • Directions: Unit is located right next to the taco bar on grand at the corner of Grand and Racine.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,360,000

Tax Information:

  • Annual Amount: $11,696
  • Tax Year: 2019
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Housing Market Comparison

See how this home compares to others in Chicago, IL.

Med. Sold Price

$346.4K

Med. Price/SqFt

$246

Avg. Days On Market

40

# of Sold Homes

1846

1200 W Grand Ave vs Chicago

66 DAYS ON ROCKET

+26 Days

$1,360,000

+$1.0M More

KEY TAKEAWAY

This property is $1.0M more than the Median Sold Price in Chicago, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MRED
  • MLS Number: #11987206

Listing Office:

  • Office Name: Homesmart Connect LLC
  • Office Phone: (312) 500-5040
  • Listing Agent: Benjamin Horowitz

IDX Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID.

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.

IDX Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than the broker/agent who owns the website are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers.

All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/28/2024, 10:15:21 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 17, 2013Home Sold
$452,000

Tax History

YEARPROP. TAXASSESSMENT
2019$11,696$58,213
2018$12,721$64,403
2017$10,472$48,647

History based on county public records data.

Payment Calculator

$6,855

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,144

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2689872
3
/10
  • Otis Elementary School

  • 525 N Armour St

  • 0.42 miles

  • Public District Grades KG-8

High School

school-card-donut-2689873
1
/10
  • Wells Community Academy High School

  • 936 N Ashland Ave

  • 0.76 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $60,320. Typical income of Chicago, IL residents is between $35k-100k annually. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1200 W Grand Ave

What is the listing price of this property?

The listing price of 1200 W Grand Ave property is $1,360,000.

What type of property is this?

The property 1200 W Grand Ave is a house located in Chicago, Illinois, 60642.

Is this property for sale now?

Active Listing: 1200 W Grand Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1200 W Grand Ave are:
Otis Elementary School: GreatSchools Rating 3/10
Wells Community Academy High School: GreatSchools Rating 1/10

What is the annual property tax for this property?

According to the records, the last property tax for 2019 is $11,696 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on June 17, 2013 for $452,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1200 W Grand Ave has 5 bedrooms and 3 bathrooms.

Which year was this property built?

The year of construction for 1200 W Grand Ave is 1893.

Rocket Homes›Illinois›Cook County›Chicago›60642›1200 W Grand Ave

This home is located at 1200 W Grand Ave in Chicago, IL and zip code 60642 in the West Town neighborhood. This home was built in 1893. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since February 22, 2024 and is currently priced at $1,360,000.

In March 2024 more than 612 listings in Chicago, IL were sold above the asking price. During the same period more than 317 listings were sold at asking price, while more than 916 were sold below. In March 2024 in Chicago, IL there were 21.5% more homes for sale than in February 2024. The median list price of listings available in March 2024 was $346,470, while the average time on the real estate market was 40 days.

From Rocket Homes Real Estate and based on county public records data.

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