NOT LISTED FOR SALE

1314 E 56th St Unit 3 Chicago, IL 60637

Hyde Park Neighborhood

Estimated Value: $168,764 - $192,000

1 Bed
1 Bath
-- Sq Ft
$440/mo HOA Fee

Last Sold July 19, 2024

Last sale price $170,000

Est. 8% increase in value since last sale

Current estimated payment $1,554/month

21 Days on Market

Highlights

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

About This Home

As of July 2024

Beautiful, top floor corner unit with unobstructed north, east and south exposure! Vintage charm abounds. Large south-facing living room has custom, built-in wooden bookcase that matches the natural woodwork throughout the condo. Separate dining area with beautiful view of the homes on Kenwood. Quaint kitchen with light granite counters, white cabinets and great storage. Private deck off the kitchen. Tons of storage thoughout the unit, deep closets in the bedrooms and hallway. Great floorplan! Newer roller shades throughout the unit. The unit has a separate, large storage closet in the basement. Coin laundry and bike rack in basement. Small work out room on the Kimbark side of the building. Janitor on site. Boilers recently replaced! Well maintained building with little turnover! Quick walk to UofC and downtown Hyde Park.

Last Agent to Sell the Property

Jen Romolo

@properties Christie's International Real Estate License #475161354 Listed on: 06/06/2024

@properties Christie's International Real Estate

Co-Listed By

Jess Izaguirre

@properties Christie's International Real Estate License #475198171

Last Buyer's Agent

Josie Ashmore

Baird & Warner License #475202255

Baird & Warner

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,765

Year Built

  • Built in 1923

Lot Details

  • 0.78

HOA Fees

  • $440 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3-Story Property
  • Built-In Features
  • Historic or Period Millwork
  • Entrance Foyer
  • Formal Dining Room
  • Storage
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Balcony

Utilities

  • 3+ Cooling Systems Mounted To A Wall/Window
  • Heating System Uses Steam
  • 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
  • 62 Units
  • Sara Association, Phone Number (773) 684-5400
  • Low-Rise Condominium
  • Property managed by Marion Realty

Amenities

  • Coin Laundry
  • Community Storage Space

Recreation

  • Fitness Center
  • Bike Trail

Pet Policy

  • Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,765

Year Built

Built in 1923

Lot Details

0

HOA Fees

$440 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: 1923
  • 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: 3
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • MonthToMonthYN: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Interior Amenities: Hardwood Floors, Storage, Built-in Features, Historic/Period Mlwk, Granite Counters, Separate Dining Room
  • Room Type: Foyer
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Balcony
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Cooling: Window/Wall Units - 3+
  • Heating: Steam
  • Laundry Features: Common Area
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK
  • Association Fee: 440
  • Association Amenities: Bike Room/Bike Trails, Coin Laundry, Exercise Room, Storage, On Site Manager/Engineer
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee Frequency: Not Required
  • Management Company: Marion Realty
  • Management Contact Name: Sara
  • Management Phone: 773-684-5400
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Lot Info

  • Lot Dimensions: CONDO
  • Special Assessments: Y

Rental Info

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

Tax Info

  • Tax Annual Amount: 1765
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 62

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2024
Closed on
Jul 18, 2024
Sold by
Sneider Abigail
Bought by
Zakosek Matthew
Seller's Agent
Jen Romolo
@properties Christie's International Real Estate
Buyer's Agent
Josie Ashmore
Baird & Warner
List Price
$160,000
Sold Price
$170,000
Premium/Discount to List
$10,000
6.25%
Views
40
Current Estimated Value
$184,005

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,005
Avg. Annual Appreciation
5.29%
Original Mortgage
$127,500
Outstanding Balance
$125,584
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$57,607

Purchase Details

Listed on
May 10, 2020
Closed on
Jun 10, 2020
Sold by
Mckenny Gerald P and Bunnag Phimpmas
Bought by
Sneider Abigail
Seller's Agent
Joanne Bullen
Ultimate Realty Group LLC
Buyer's Agent
Jen Romolo
@properties Christie's International Real Estate
List Price
$125,000
Sold Price
$137,000
Premium/Discount to List
$12,000
9.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.39%

Purchase Details

Closed on
Apr 24, 2002
Sold by
Opferman Joseph T
Bought by
Mckenny Gerald P and Bunnag Phimpmas

Purchase Details

Closed on
Apr 15, 2002
Sold by
Opferman Joseph G and Opferman Ardith A
Bought by
Mckenny Gerald P and Bunnag Phimpmas

Purchase Details

Closed on
May 16, 1996
Sold by
Zuckerman Linda and Zuckerman Ronald K
Bought by
Opferman Joseph G and Opferman Ardith A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
8.05%
Mortgage Type
Balloon

Purchase Details

Closed on
Oct 8, 1993
Sold by
Foley Alleyne T
Bought by
Zuckerman Ronald K and Zuckerman Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$29,000
Interest Rate
7%
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
Zakosek Matthew $170,000 None Listed On Document
Sneider Abigail $137,000 Proper Title Llc
Mckenny Gerald P -- --
Mckenny Gerald P $115,000 --
Opferman Joseph G $64,000 --
Zuckerman Ronald K $39,333 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zakosek Matthew $127,500
Previous Owner Opferman Joseph G $45,000
Previous Owner Zuckerman Ronald K $29,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/19/2024 07/19/24 Sold $170,000 +6.3% --
06/28/2024 06/28/24 Pending -- -- --
06/24/2024 06/24/24 For Sale $160,000 0.0% --
06/09/2024 06/09/24 Pending -- -- --
06/06/2024 06/06/24 For Sale $160,000 +16.8% --
06/11/2020 06/11/20 Sold $137,000 +9.6% -- View Prior Sale
05/15/2020 05/15/20 Pending -- -- --
05/10/2020 05/10/20 For Sale $125,000 -- --
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
2025 $1,839 $16,594 $3,286 $13,308
2024 $1,839 $16,594 $3,286 $13,308
2023 $1,764 $12,000 $2,650 $9,350
2022 $1,764 $12,000 $2,650 $9,350
2021 $1,743 $11,999 $2,649 $9,350
2020 $1,959 $8,794 $2,119 $6,675
2019 $1,924 $9,577 $2,119 $7,458
2018 $1,892 $9,577 $2,119 $7,458
2017 $2,083 $9,675 $1,748 $7,927
2016 $1,938 $9,675 $1,748 $7,927
2015 $1,773 $9,675 $1,748 $7,927
2014 $1,841 $9,920 $1,430 $8,490
2013 $1,804 $9,920 $1,430 $8,490
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12070748

Midwest Real Estate Data (MRED)

APN: 20-14-201-079-1061