1316 E Madison Park Ave, Chicago, IL 60615
1316 E Madison Park Ave, Chicago, IL 60615
1316 E Madison Park Ave, Chicago, IL 60615
FOR SALE - ACTIVE

1316 E Madison Park Ave,
Chicago, IL 60615

$1,390,000
Est. $10,512/moGet pre-approved
8
Beds
4
Baths
4,554
Sq Ft
map-entry

About this home

Listed by Lilianna Sekula-Lark • Berkshire Hathaway HomeServices Chicago
Redfin checked: just now (Sept 21, 2023 at 11:53am)
•Source:MRED #11888765
Home facts
Time on Redfin
1 day
Property Type
Single Family Residential
Baths
3 full, 2 partial
Year Built
1897
Community
CHI - Kenwood
Price insights
List Price
$1,390,000
Est. Mo. Payment
$10,512
Price/Sq.Ft.
$305
Buyer’s Agent Commission
2.5%
Street View
Directions

Payment calculator

$10,400 per month

Principal and interest$7,796
Property taxes$2,095
Homeowners' insurance$510
Down payment
20% ($278,000)
Home price
$1,390,000
Loan details
7.53%

Additional resources

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Property details for 1316 E Madison Park Ave

Parking
    Parking Information
  • # Of Cars: 2
  • # of Parking (Total): 2
  • Parking On-Site: Yes
  • Parking: Space/s
  • Parking Ownership: Owned
Interior
    Bathroom Information
  • # of Baths (Full): 3
  • # of Baths (1/2): 2
    Bedroom Information
  • # of Bedrooms: 8
  • # of Bedrooms Possible: 8
    Room Information
  • Room Type: Bedroom 5
  • Level: Third
  • Dimensions: 19 x 11
    Room Information
  • Room Type: Bedroom 6
  • Level: Third
  • Dimensions: 14 x 13
    Room Information
  • Room Type: Bedroom 7
  • Level: Third
  • Dimensions: 11 x 9
    Room Information
  • Room Type: Bedroom 8
  • Level: Third
  • Dimensions: 9 x 11
    Room Information
  • Room Type: Kitchen- 2nd
  • Level: Third
  • Dimensions: 9 x 14
    Room Information
  • Room Type: Bedroom 2
  • Level: Second
  • Dimensions: 14 x 14
    Room Information
  • Room Type: Bedroom 3
  • Level: Second
  • Dimensions: 15 x 12
  • Flooring: Hardwood
    Room Information
  • Room Type: Bedroom 4
  • Level: Second
  • Dimensions: 15 x 12
  • Flooring: Hardwood
    Room Information
  • Room Type: Dining Room
  • Level: Main
  • Dimensions: 19 x 17
  • Flooring: Hardwood
    Room Information
  • Room Type: Family Room
    Room Information
  • Room Type: Kitchen
  • Type: Pantry-Butler
  • Level: Main
  • Dimensions: 15 x 12
    Room Information
  • Room Type: Laundry
  • Level: Main
  • Dimensions: 10 x 6
    Room Information
  • Room Type: Living Room
  • Level: Main
  • Dimensions: 21 x 35
  • Flooring: Hardwood
    Room Information
  • Room Type: Master Bedroom
  • Level: Second
  • Dimensions: 19 x 16
  • Flooring: Hardwood
  • Bath: Half
    Additional Rooms Information
  • Dining Room: Separate
  • Basement: Walkout
  • Basement Description: Unfinished
    Interior Features
  • # of Rooms: 12
Exterior
    Building Information
  • Living Area Source: Assessor
  • Exterior Building Type: Brick,Masonite
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
    Property Information
  • Ownership: Fee Simple
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Parcel Number: 20112120550000
    Lot Information
  • Dimensions: 0.25
  • Lot Size: Less Than .25 Acre
Financial
    Tax Information
  • Tax Annual Amount: $25,137
  • Tax Year: 2021
    Financial Information
  • Special Service Area: N
Utilities
    Utility Information
  • Water Source: Lake Michigan
    Heating & Cooling
  • Heating: Natural Gas, Radiant
Location
    Homeowners Association Information
  • Master Association Fee Frequency: Not Required
    School Information
  • Elementary School District: 299
  • Middle Or Junior School District: 299
  • High School District: 299
    Location Information
  • Township: Hyde Park
  • Corporate Limits: Chicago
  • Directions: South on Dorchester Ave., entrance to Madison Park is on the right half way between 50th and 51st street (Hyde Park Blvd).Property is on the North side of the inner drive in Madison Park
Other
    Listing Information
  • Buyer Agency Compensation: 2.5%-$495
  • BuyerAgencyCompensationType: % of Net Sale Price
  • Holds Earnest Money: Yes
  • Possession: Closing
Details provided by MRED and may not match the public record. Learn more.

Sale and tax history for 1316 E Madison Park Ave

Public facts and zoning for 1316 E Madison Park Ave

Beds
6
Baths
4
Finished Sq. Ft.
4,554
Unfinished Sq. Ft.
—
Total Sq. Ft.
4,554
Stories
2
Lot Size
10,750 Sq. Ft.
Style
Single Family Residential
Year Built
1890
Year Renovated
—
County
Cook County
APN
20112120550000
Home facts updated by county records on Aug 19, 2023.

Additional resources

Zoning

RM-5 | Permitted: Single-Family, Two-Family, Multi-Family, Short-Term Rentals, Commercial

Schools

This home is within the City of Chicago School District 299.
Showing nearby schools. Please check the school district website to see all schools serving this home.
GreatSchools Summary Rating
5/10

Shoesmith Elementary School

Public, K-6 • Serves this home • 0.1mi

8/10

Kenwood Academy High School

Public, 7-12 • Serves this home • 0.2mi

-/10

Little Black Pearl Arts Academy High School

Public, 9-12 • Nearby school • 0.5mi

10/10

King College Prep High School

Public, 9-12 • Nearby school • 0.8mi

School data is provided by GreatSchools, a nonprofit organization. Redfin recommends buyers and renters use GreatSchools information and ratings as a first step, and conduct their own investigation to determine their desired schools or school districts, including by contacting and visiting the schools themselves. Redfin does not endorse or guarantee this information. School service boundaries are intended to be used as a reference only; they may change and are not guaranteed to be accurate. To verify school enrollment eligibility, contact the school district directly.

Around this home

Transportation near 1316 E Madison Park Ave

84/100
Very walkable

Walk Score®

64/100
Good transit

Transit Score®

80/100
Very bikeable

Bike Score®

Places

1 grocery, 30 restaurants, 5 parks

Transit

15, 171, 172, 192, 2, 28, 4, 47, 55, 6, ME, X4

Climate risks

About climate risks

Most homes have some risk of natural disasters, and may be impacted by climate change due to rising temperatures and sea levels.

Risk Factor

Flood Factor - Major

73% chance of flooding in next 30 years

Fire Factor - Minimal

Unlikely to be in a wildfire in next 30 years

Heat Factor - Moderate

7 days above 100° expected this year, 14 days in 30 years

Wind Factor - Minor

1% chance of strong winds in next 30 years

Provided by First Street Foundation

Redfin Estimate for 1316 E Madison Park Ave

We cannot show automated home-value estimates for this home. 
 

Nearby homes have recently sold between $645,000 and $1,390,000.

Real estate market insights for 1316 E Madison Park Ave

Single-Family Home sales (last 30 days)

Single Family Homes trends in South Side

Median Sale Price
(Single Family Homes)
$335,450
-14.0% YoY | Aug 2023
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Aug 2023
Growth
% YoY
South Side
$335,450
-14.0%
See more market trends in South Side

Market competition in South Side

Calculated over the last 3 months
18
Not Very Competitive
Redfin Compete Score™
0
100
  • Multiple offers are rare.
  • The average homes sell for about 3% below list price and go pending in around 77 days.
  • Hot homes can sell for around list price and go pending in around 47 days.

What it takes to win an offer near South Side

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Nearby recently sold homes

Nearby homes similar to 1316 E Madison Park Ave have recently sold between $455K to $2M at an average of $290 per square foot.
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