Date
Details
Price
Change
Source
5/12/2026
Listed
$620,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$620,000 Just Listed
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Property Description
Welcome to this bright and sunny townhome in the highly coveted Dearborn Park One neighborhood! Tucked inside a quiet, courtyard setting, this move-in ready home offers a private entrance, spacious layout, and an unbeatable location just moments from downtown. The inviting living room features a corner gas fireplace and south-facing windows overlooking the private brick-paved terrace, which seamlessly connects to the beautifully landscaped common courtyard. The partially open kitchen is equipped with stainless steel appliances including a Miele stove/oven, Fisher & Paykel double drawer dishwasher, KitchenAid refrigerator, and Dacor microwave, and flows into the spacious dining area perfect for entertaining. All three bedrooms are conveniently located on the second level, including a generous primary suite with a walk-in closet and built-in vanity. Large second and third bedrooms provide excellent space and flexibility. Additional highlights include updated bathrooms, in-unit laundry, central air conditioning, all new carpet, freshly painted interior, refinished hardwood floors, and a parking space conveniently located directly in front of the unit (included in the price), plus guest parking available. A rare opportunity to enjoy serene courtyard living in the heart of the city, close to Michigan Avenue, Lake Shore Drive, Millennium Park, theaters, and so many options for dining, shopping, and nightlife!
Full Property Details
Full Property Details for 1085 S Park Terrace
General
- Price: $620,000
- HOA FEE: $698/month
- Taxes: $9,061 (2024)
- Status: Active
- Type: Townhouse
- Source: MRED
- MLS ID: 12639191
- Updated: 5/13/2026
- Added to Site: 3 day(s) ago
Interior
- Basement: None
- Interior Features: Storage, Walk-In Closet(s)
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Living Room, Gas Starter
- Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
- Flooring: Hardwood
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Additional Information
- Shared Amenities: Park
Parking
- Total Spaces: 1
- Parking Features: Asphalt, Assigned, Yes, Owned
Location
- Area: CHI - Loop
- County: Cook
- Township: South Chicago
- Subdivision: Dearborn Park
- Driving Directions: Turn west on 9th street from State St, go straight until you reach Park Terrace, turn left and drive to property.
School Information
- School District: 299
- Elem School District: 299
- Midd School District: 299
- High School District: 299
- Elementary School: South Loop Elementary School
- Middle School: South Loop Elementary School
- High School: Phillips Academy High School
- Private School: Phillips Academy High School
Community
- Assoc. Fees Include: Water, Parking, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
- Pets Allowed: Yes
- Pets: Cats OK, Dogs OK
- Pet Restrictions: Cats OK, Dogs OK, / 999lbs.
- Mgmt. Company: SUDLER PROPERTY MANAGEMENT
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Natural Gas, Forced Air
Utilities
- Sewer: Public Sewer
- Water: Lake Michigan
Structural Information
- Structure Type: Townhouse (2-Story)
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: None
- Sub-Flooring: Hardwood
- Entry Floor Number: 1
- Stories/Levels: 2
- Square Feet: 1,700
- Sq. Ft. Source: Estimated
- Year Built: 1980
Unit Information
- Units in Building: 144
Lot Features
- Lot Dimensions: common
- Fence: Yes
- Fencing (Description): Fenced
Animals
- Animals Allowed: Cats OK, Dogs OK
Financial Considerations
- Association Fee: $698
- Assoc Fee Freq.: Monthly
- Parking Included: Yes
- Assessment Year: 1980
- Tax Amount: $9,061.79
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Condo
- Property ID: 17164230021032
Buyer's Brokerage Compensation: Contact Listing Agent
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NMLS#: 1598647
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Schools
Schools serving 1085 S Park Terrace
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
South Loop Elementary School 1212 South Plymouth Court, Chicago, IL 60605 | PK-8 | 0.2 mi |
Phillips Academy High School 244 East Pershing Road, Chicago, IL 60653 | 12-11 | 3.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1085 S Park Terrace
Tax History
Tax History for 1085 S Park Terrace
Year
Property Taxes
Change
Tax Assessment
Change
2023
$8,161
3%
$44,648
—
2022
$7,917
2%
$44,648
—
2021
$7,773
18%
$44,648
27%
2020
$6,604
2%
$35,231
-8%
2019
$6,467
2%
$38,360
—
2018
$6,356
4%
$38,360
11%
2017
$6,099
1%
$34,409
—
2016
$6,034
10%
$34,409
—
2015
$5,481
15%
$34,409
14%
2014
$4,777
2%
$30,150
—
2013
$4,664
—
$30,150
—
2012
$4,643
—
$30,150
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1085 S Park Terrace
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Listed by The DelGreco Team
1085 S Park Terrace, Chicago, IL 60605 (MLS# 12639191) is a Townhouse property with 3 bedrooms, 2 full bathrooms and 1 partial bathroom. 1085 S Park Terrace is currently listed for $620,000 and was received on May 12, 2026. This property is listed by Stephanie Cutter Group from our Lincoln Park Office.Want to learn more about 1085 S Park Terrace? Do you have questions about finding other Townhouse real estate for sale in The Loop? You can browse all The Loop real estate or contact a Coldwell Banker agent to request more information.