NOT LISTED FOR SALE

1302 E 56th St Unit 2 Chicago, IL 60637

Hyde Park Neighborhood

Estimated Value: $149,000 - $194,000

1 Bed
1 Bath
1,000 Sq Ft
$491/mo HOA Fee

Last Sold April 27, 2023

Last sale price $125,000 $125 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $1,511/month

5 Days on Market

Highlights

  • Fitness Center
  • Wood Flooring
  • Formal Dining Room
  • Kenwood Academy High School Rated A-
  • Corner Lot
  • 3-minute walk to Bixler Park

About This Home

As of April 2023

Spacious 1 bedroom in prime Hyde Park location, across from Ray Elementary School, awaits your ideas & creativity! This XL space features tons of closets & storage, with huge south-facing living room, generous, king-sized bedroom, and formal dining room that connects to the kitchen with pantry. Come make this unit your own, or even change configuration (another unit in this tier converted to a 2 bedroom unit and the space works great for that). Hardwood floors, private storage, tons of windows and A+ location close to University of Chicago and dining/shops/businesses on 53rd and 55th streets, Metra/CTA, parks, grocery and more. See broker private remarks for additional information. Sorry, no dogs but cats welcome. Come home!

Last Agent to Sell the Property

Scott Curcio

Baird & Warner License #475142147 Listed on: 03/10/2023

Baird & Warner

Last Buyer's Agent

John Sciberras

Coldwell Banker Realty License #475189098

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $727

Year Built

  • Built in 1927

Lot Details

  • 0.78

HOA Fees

  • $491 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,000 Sq Ft Home
  • 3-Story Property
  • Entrance Foyer
  • Living Room
  • Formal Dining Room
  • Storage
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Range

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Home Security

Schools

  • Ray Elementary School
  • Kenwood Academy High School

Utilities

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

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Community Details

Overview

  • Association fees include heat, water, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 60 Units
  • Ask L/A Association
  • Low-Rise Condominium
  • Property managed by MARIAN

Amenities

  • Coin Laundry
  • Community Storage Space

Recreation

  • Fitness Center

Pet Policy

  • Limit on the number of pets
  • Cats Allowed

Security

  • Resident Manager or Management On Site
  • Storm Screens

Property Details

Home Type

Condominium

Est. Annual Taxes

$727

Year Built

Built in 1927

Lot Details

0

HOA Fees

$491 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Low Rise (1-3 Stories),Vintage
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,Low Rise (1-3 Stories),Vintage
  • Year Built: 1927
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Non-Smoking Building
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 2
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Appliances: Range, Refrigerator
  • Basement: Full
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Interior Amenities: Hardwood Floors, Storage, Walk-In Closet(s)
  • LivingArea: 1000
  • Room Type: Pantry, Walk In Closet, Foyer
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Storms/Screens
  • Lot Features: Corner Lot
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Number Limit
  • Association Fee: 491
  • Association Amenities: Coin Laundry, Exercise Room, Storage
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: MARIAN
  • Management Contact Name: Ask L/A
  • Management Phone: 999-999-9999
  • 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

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • 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: 726.76
  • Tax Year: 2021
  • Tax Exemptions: Homeowner,Senior,Senior Freeze

Multi Family

  • Units in Building: 60

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2023
Closed on
Apr 7, 2023
Sold by
Patterson Mark C and Hankins Frances D
Bought by
Maldonado Sandra
Seller's Agent
Scott Curcio
Baird & Warner
Buyer's Agent
John Sciberras
Coldwell Banker Realty
List Price
$129,900
Sold Price
$125,000
Premium/Discount to List
-$4,900
-3.77%
Views
22
Current Estimated Value
$167,554

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,554
Avg. Annual Appreciation
11.60%
Original Mortgage
$100,000
Outstanding Balance
$96,834
Interest Rate
5.88%
Mortgage Type
New Conventional
Estimated Equity
$70,720

Purchase Details

Closed on
Jun 23, 2022
Sold by
Patterson Ruth L
Bought by
Patterson Ruth L and Patterson Mark C
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Maldonado Sandra $125,000 Chicago Title
Patterson Ruth L -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maldonado Sandra $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/27/2023 04/27/23 Sold $125,000 -3.8% $125 / Sq Ft
03/16/2023 03/16/23 Pending -- -- --
03/10/2023 03/10/23 For Sale $129,900 -- $130 / 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 $1,701 $18,542 $3,671 $14,871
2023 $1,613 $14,000 $2,961 $11,039
2022 $1,613 $14,000 $2,961 $11,039
2021 $727 $13,999 $2,960 $11,039
2020 $750 $9,827 $2,368 $7,459
2019 $748 $10,702 $2,368 $8,334
2018 $736 $10,702 $2,368 $8,334
2017 $789 $10,812 $1,954 $8,858
2016 $1,204 $10,812 $1,954 $8,858
2015 $1,157 $10,812 $1,954 $8,858
2014 $1,192 $11,085 $1,598 $9,487
2013 $1,196 $11,085 $1,598 $9,487
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11734622

Midwest Real Estate Data (MRED)

APN: 20-14-201-079-1048