NOT LISTED FOR SALE

1221 E 53rd St Unit 2 Chicago, IL 60615

Hyde Park Neighborhood

Estimated Value: $251,244 - $270,000

3 Beds
2 Baths
1,496 Sq Ft
$615/mo HOA Fee

Last Sold June 14, 2021

Last sale price $185,000 $124 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $2,281/month

66 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Park
  • Kenwood Academy High School Rated A-
  • Formal Dining Room
  • 2-minute walk to Butternut Playlot Park

About This Home

As of June 2021

CHECK OUT THE 3D VIRTUAL TOUR!!! Vintage charm 3 bedroom, 2 bath condo in vintage building with great Hyde Park location. Restore this unit to its former fabulousness or update in todays decorating trends, fabulous opportunity to make this unit your own. Generous room sizes, living room, dining room, hardwoods throughout, and one garaged parking space. Close to restaurants, shopping, with easy access to the University of Chicago. COME CHECK IT OUT TODAY!!!

Last Agent to Sell the Property

Amy Kite

Keller Williams Infinity License #475132989 Listed on: 01/15/2021

Keller Williams Infinity

Co-Listed By

Paul Froiland

Keller Williams ONEChicago License #475173189

Last Buyer's Agent

Shuoying Zhang

Hometown Real Estate License #475174815

Hometown Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,595

Year Built

  • Built in 1920

Lot Details

  • 7,492

HOA Fees

  • $615 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,496 Sq Ft Home
  • 1-Story Property
  • Formal Dining Room
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Leased Parking

Outdoor Features

  • Deck

Schools

  • Ray Elementary School
  • Kenwood Academy High School

Utilities

  • No Cooling
  • Radiator
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include heat, water, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 6 Units
  • Association Phone (773) 832-7959
  • Property managed by Kindred3 Real Estate

Amenities

  • Common Area

Recreation

  • Park

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,595

Year Built

Built in 1920

Lot Details

0

HOA Fees

$615 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 1920
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 2
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Hardwood Floors
  • LivingArea: 1496
  • Room Type: No additional rooms
  • Stories Total: 1
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Other

Exterior Features

  • ExteriorFeatures: Deck
  • List Price: 205000
  • Lot Features: Common Grounds
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • OpenParkingSpaces: 1
  • ParkingTotal: 1
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Fee/Leased
  • Parking Fee/Lease $: 150

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Radiator(s)
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 615
  • Association Amenities: Park
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Not Required
  • Management Company: Kindred3 Real Estate
  • Management Contact Name: n/a
  • Management Phone: 773-832-7959
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Water, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Schools

  • Elementary School: Ray Elementary School
  • High School: Kenwood Academy High School
  • Middle/Junior School: Ray Elementary School
  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 4595
  • Tax Year: 2019
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2021
Closed on
Jun 14, 2021
Sold by
Lane Joan
Bought by
Jiang Zifeng and Li Lixiang
Seller's Agent
Amy Kite
Keller Williams Infinity
Buyer's Agent
Shuoying Zhang
Hometown Real Estate
Sold Price
$185,000
Current Estimated Value
$259,061

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,061
Avg. Annual Appreciation
7.99%
Original Mortgage
$138,750
Outstanding Balance
$125,621
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$133,440

Purchase Details

Closed on
Dec 5, 1994
Sold by
New Concord House Condominium Assn Inc
Bought by
Lane Colman and Lane Joan E
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Jiang Zifeng $185,000 Fidelity National Title
Lane Colman -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jiang Zifeng $138,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/14/2021 06/14/21 Sold $185,000 -9.8% $124 / Sq Ft
03/22/2021 03/22/21 Pending -- -- --
03/22/2021 03/22/21 For Sale -- -- --
03/04/2021 03/04/21 Price Changed $205,000 -4.7% $137 / Sq Ft
01/15/2021 01/15/21 For Sale $215,000 -- $144 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,681 $23,539 $7,440 $16,099
2023 $4,258 $20,700 $6,000 $14,700
2022 $4,258 $20,700 $6,000 $14,700
2021 $3,955 $23,000 $6,000 $17,000
2020 $4,689 $24,152 $4,800 $19,352
2019 $4,595 $26,302 $4,800 $21,502
2018 $4,517 $26,302 $4,800 $21,502
2017 $3,195 $18,217 $3,960 $14,257
2016 $3,149 $18,217 $3,960 $14,257
2015 $2,858 $18,217 $3,960 $14,257
2014 $2,634 $16,767 $3,240 $13,527
2013 $2,571 $16,767 $3,240 $13,527
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10963734

Midwest Real Estate Data (MRED)

APN: 20-11-413-024-1002