NOT LISTED FOR SALE

1221 E 57th St Unit 2 Chicago, IL 60637

Hyde Park Neighborhood

Estimated Value: $380,000 - $460,000

4 Beds
1.5 Baths
1,881 Sq Ft
$538/mo HOA Fee

Last Sold December 01, 2023

Last sale price $385,000 $205 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,201/month

21 Days on Market

Highlights

  • Heating System Uses Steam
  • Dogs and Cats Allowed
  • 3-minute walk to Bixler Park
  • Kenwood Academy High School Rated A-
  • Senior Tax Exemptions

About This Home

As of December 2023

4 bedrooms 1.5 baths. Space and location!!! Natural light floods into this massive unit. Walk into a luxurious expansive living room with a beautiful decorative fireplace large enough for gatherings of friends and family. Not only is there a full formal dining room but the kitchen is large enough to have a table for those quick meals or roomy enough to prepare all kinds of wonderful meals. An outdoor deck on the south side of the unit for relaxing evenings to enjoy the tranquility of summer evenings. The current owners have lived in this unit for approximately 45 years, it's been a most loved and cherished home. Washer/Dryer in the basement but it is possible with board approval to install in the unit. So close to the University of Chicago, Ray school and Lab school. Steps to some great dining options and walkable to all that Hyde Park has to offer.

Last Agent to Sell the Property

Joanne Bullen

Ultimate Realty Group LLC License #471019144 Listed on: 09/07/2023

Last Buyer's Agent

Eva Loseth

@properties Christie's International Real Estate License #475144910

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,976

Year Built

  • Built in 1896

Lot Details

  • 0.51

HOA Fees

  • $538 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,881 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Radiator
  • Heating System Uses Steam
  • Lake Michigan Water

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include heat, water, insurance, exterior maintenance, scavenger, snow removal
  • 30 Units
  • Sara Kennedy Association, Phone Number (773) 684-5800
  • Property managed by Marian Realty

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,976

Year Built

Built in 1896

Lot Details

0

HOA Fees

$538 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: 1896
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 2
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • LivingArea: 1881
  • Room Type: No additional rooms
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Other

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Cooling: Window/Wall Unit - 1
  • Heating: Steam, Radiator(s)
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 538
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Not Required
  • Management Company: Marian Realty
  • Management Contact Name: Sara Kennedy
  • Management Phone: 773-684-5800
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Lot Info

  • Lot Dimensions: CONDO
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 3975.87
  • Tax Year: 2021
  • Tax Exemptions: Homeowner,Senior

Multi Family

  • Units in Building: 30

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2023
Closed on
Nov 28, 2023
Sold by
Douglas Cole Mitchell and Douglas Christine Remu
Bought by
Mitchell Noah Prentice and Mitchell Shannon Heather
Seller's Agent
Joanne Bullen
Ultimate Realty Group LLC
Buyer's Agent
Eva Loseth
@properties Christie's International Real Estate
List Price
$415,000
Sold Price
$385,000
Premium/Discount to List
-$30,000
-7.23%
Views
772
Current Estimated Value
$421,039

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,039
Avg. Annual Appreciation
4.80%
Original Mortgage
$255,000
Outstanding Balance
$236,728
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$184,311

Purchase Details

Closed on
Oct 28, 2019
Sold by
Mitchell Christine R
Bought by
Mitchell Christine Remus and Douglas Cole Mitchell & Christine Remus
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
Mitchell Noah Prentice $385,000 Chicago Title
Mitchell Christine Remus -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mitchell Noah Prentice $255,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/01/2023 12/01/23 Sold $385,000 -3.5% $205 / Sq Ft
09/29/2023 09/29/23 Pending -- -- --
09/18/2023 09/18/23 Price Changed $399,000 -3.9% $212 / Sq Ft
09/07/2023 09/07/23 For Sale $415,000 -- $221 / 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 $3,976 $25,766 $4,409 $21,357
2020 $3,929 $23,220 $3,527 $19,693
2019 $3,840 $25,286 $3,527 $21,759
2018 $3,773 $25,286 $3,527 $21,759
2017 $4,434 $26,672 $2,910 $23,762
2016 $4,485 $26,672 $2,910 $23,762
2015 $4,063 $26,672 $2,910 $23,762
2014 $3,833 $20,660 $2,381 $18,279
2013 $2,938 $20,660 $2,381 $18,279
Source: Public Records

Agents Affiliated with this Home

  • Joanne Bullen

    Seller's Agent in 2023

    Joanne Bullen

    Ultimate Realty Group LLC

    (773) 259-4692

    103 in this area

    145 Total Sales

    Joanne Bullen
    Section Image
  • Eva Loseth

    Buyer's Agent in 2023

    Eva Loseth

    @ Properties

    (312) 768-3952

    18 in this area

    38 Total Sales

    Eva Loseth
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11836191

Midwest Real Estate Data (MRED)

APN: 20-14-214-026-1020

Illinois Cook County Chicago 60637 Hyde Park

1221 E 57th St Unit 2, Chicago, IL

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