NOT LISTED FOR SALE

1221 E 57th St Unit 1 Chicago, IL 60637

Hyde Park Neighborhood

Estimated Value: $354,000 - $458,000

4 Beds
2 Baths
1,600 Sq Ft
$489/mo HOA Fee

Last Sold August 26, 2024

Last sale price $449,000 $281 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $3,159/month

13 Days on Market

Highlights

  • Wood Flooring
  • Covered Patio or Porch
  • Historic or Period Millwork
  • Kenwood Academy High School Rated A-
  • Breakfast Room
  • 3-minute walk to Bixler Park

About This Home

As of August 2024

Location cannot be better! Close proximity of Ray school, Lab School and University of Chicago. 4 bedroom, 2 (renovated) baths, with large back deck facing south. Unobstructed western light along the entire side of the apartment. Newer windows throughout. Shared courtyard and picnic area in secure and enclosed backyard. Well managed association. Rentals permitted and great investment if you're looking for a property to share to get income every month!

Last Agent to Sell the Property

Biserka Ferenac

Baird & Warner License #471009066 Listed on: 07/06/2024

Baird & Warner

Last Buyer's Agent

Nancy Leflar

eXp Realty License #475179139

eXp Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,300

Lot Details

  • 0.51

HOA Fees

  • $489 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,600 Sq Ft Home
  • 3-Story Property
  • Bookcases
  • Historic or Period Millwork
  • Ceiling height of 10 feet or more
  • Decorative Fireplace
  • Living Room with Fireplace
  • Breakfast Room
  • Storage
  • Wood Flooring
  • Intercom

Kitchen

  • Range with Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch

Schools

  • Ray Elementary School

Utilities

  • No Cooling
  • Heating System Uses Natural Gas

Community Details

Overview

  • Association fees include heat, water, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 30 Units
  • Sara Kennedy Association, Phone Number (773) 684-5400
  • Property managed by Marian Realty

Amenities

  • Picnic Area
  • Community Storage Space

Recreation

  • Park
  • Bike Trail

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,300

Lot Details

0

HOA Fees

$489 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • 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: 1
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer, Range Hood
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Decorative
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit, Storage, Bookcases, Ceiling - 10 Foot, Historic/Period Mlwk
  • LivingArea: 1600
  • Room Type: Breakfast Room
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 489
  • Association Amenities: Bike Room/Bike Trails, Storage, Park, Covered Porch, Intercom, Picnic Area
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Marian Realty
  • Management Contact Name: Sara Kennedy
  • Management Phone: 773-684-5400X3
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Elementary School: Ray Elementary School

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • 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: 5299.61
  • Tax Year: 2022
  • Tax Exemptions: None

Multi Family

  • Units in Building: 30

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2024
Closed on
Aug 20, 2024
Sold by
Lej Chen Llc
Bought by
Du And Huang Family Trust and Du
Seller's Agent
Biserka Ferenac
Baird & Warner
Buyer's Agent
Nancy Leflar
eXp Realty
List Price
$469,000
Sold Price
$449,000
Premium/Discount to List
-$20,000
-4.26%
Views
24
Current Estimated Value
$422,344

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$26,656
Avg. Annual Appreciation
-5.10%

Purchase Details

Listed on
Apr 5, 2019
Closed on
Jun 14, 2019
Sold by
Grangier Marie Claude J
Bought by
Lej Chen Llc
Seller's Agent
Jessie Pinkham
Ultimate Realty Group LLC
Buyer's Agent
Vida Lozano
Compass
List Price
$379,000
Sold Price
$362,000
Premium/Discount to List
-$17,000
-4.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.22%

Purchase Details

Closed on
Jun 26, 2003
Sold by
Gupta Puneet and Gupta Virna
Bought by
Khodarkovsky Michael and Blanke Insa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,200
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage
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
Du And Huang Family Trust $449,000 Fidelity National Title
Lej Chen Llc $364,000 Chicago Title
Khodarkovsky Michael $299,000 Chicago Title Insurance Comp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Khodarkovsky Michael $239,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/26/2024 08/26/24 Sold $449,000 -4.3% $281 / Sq Ft
07/20/2024 07/20/24 Pending -- -- --
07/06/2024 07/06/24 For Sale $469,000 +29.6% $293 / Sq Ft
06/14/2019 06/14/19 Sold $362,000 -4.5% $226 / Sq Ft View Prior Sale
04/17/2019 04/17/19 Pending -- -- --
04/05/2019 04/05/19 For Sale $379,000 -- $237 / 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 $5,456 $29,244 $5,468 $23,776
2023 $5,300 $25,768 $4,410 $21,358
2022 $5,300 $25,768 $4,410 $21,358
2021 $5,181 $25,766 $4,409 $21,357
2020 $5,173 $23,220 $3,527 $19,693
2019 $5,080 $25,286 $3,527 $21,759
2018 $3,773 $25,286 $3,527 $21,759
2017 $5,742 $26,672 $2,910 $23,762
2016 $4,485 $26,672 $2,910 $23,762
2015 $4,407 $26,672 $2,910 $23,762
2014 $3,357 $20,660 $2,381 $18,279
2013 $3,279 $20,660 $2,381 $18,279
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12103319

Midwest Real Estate Data (MRED)

APN: 20-14-214-026-1019