NOT LISTED FOR SALE

1330 E 56th St Unit 5W Chicago, IL 60637

Hyde Park Neighborhood

Estimated Value: $159,000 - $242,359

2 Beds
1 Bath
1,200 Sq Ft
$639/mo HOA Fee

Last Sold October 09, 2024

Last sale price $150,000 $125 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $1,956/month

114 Days on Market

Highlights

  • Cats Allowed
  • Kenwood Academy High School Rated A-
  • 2-minute walk to Bixler Park

About This Home

As of October 2024

Located in highly sought after Hyde Park as you enter this vintage condo it is as you are taking a step back in time which is a blank canvas for long term equity potential! This unit is one of the largest units in the building and being on the 5th floor the southern exposure provides great views of the park across street along with tons of natural light! The unit has parquet hardwood floors throughout the home! The living room is very spacious with a fireplace for those chilly winter nights! There is a formal dining room which is off the kitchen! Both bedrooms are very spacious with hardwood floors, the unit has space, character and charm which is waiting to be brought back to life! Lets not overlook the location being in the heart of Hyde Park this unit is steps from the lakefront, Museum Campus, University of Chicago and so much more! Rentals are allowed, bring the historic charm back and rent this out or live in it and create long term equity, either way this is a win win situation!

Last Agent to Sell the Property

Ryan Smith

RE/MAX Premier License #475150650 Listed on: 05/25/2024

RE/MAX Premier

Last Buyer's Agent

Richard Pan

RE/MAX of Naperville License #475132879

RE/MAX of Naperville

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,657

Year Built

  • Built in 1928

Lot Details

  • 3,920

HOA Fees

  • $639 Monthly HOA Fees

Home Design

  • 1,200 Sq Ft Home
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

Overview

  • Association fees include heat, water, gas, insurance, exterior maintenance, lawn care
  • 13 Units
  • Joan Boman Association, Phone Number (773) 684-5400
  • Property managed by Marian Realty
  • 7-Story Property

Pet Policy

  • Pets up to 50 lbs
  • Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,657

Year Built

Built in 1928

Lot Details

0

HOA Fees

$639 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: 1928
  • Age: 91-100 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: 5
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 7

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • LivingArea: 1200
  • Room Type: No additional rooms
  • Stories Total: 7
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Natural Gas
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK
  • Association Fee: 639
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Marian Realty
  • Management Contact Name: Joan Boman
  • Management Phone: 773-684-5400X408
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Water, Gas, Insurance, Exterior Maintenance, Lawn Care

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: Y

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 50

Tax Info

  • Tax Annual Amount: 3657
  • Tax Year: 2022

Multi Family

  • Units in Building: 13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2024
Closed on
Sep 30, 2024
Sold by
Dlj Mortgage Capital Inc
Bought by
Lyu Ruitu
Seller's Agent
Ryan Smith
RE/MAX Premier
Buyer's Agent
Richard Pan
RE/MAX of Naperville
List Price
$156,000
Sold Price
$150,000
Premium/Discount to List
-$6,000
-3.85%
Views
168
Current Estimated Value
$193,090

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,090
Avg. Annual Appreciation
20.57%

Purchase Details

Closed on
Sep 6, 2023
Sold by
Judicial Sales Corporation
Bought by
Dlj Mortgage Capital Inc

Purchase Details

Closed on
Apr 28, 2006
Sold by
Shih Chi Fan and Lu Gwin Yi
Bought by
Shih Ki Shen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
6.54%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 7, 2001
Sold by
Jacob Pallikal I and Jacob Elizabeth
Bought by
Shih Chi Fan and Lu Gwin Yi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,550
Interest Rate
7.16%

Purchase Details

Closed on
May 1, 1995
Sold by
Kelly Geraldine and Gullens Maxine
Bought by
Jacob Pallikal I and Jacob Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,000
Interest Rate
8.37%
Source: Public Records
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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
Lyu Ruitu $150,000 Fidelity National Title
Dlj Mortgage Capital Inc -- None Listed On Document
Shih Ki Shen $235,000 Ticor Title
Shih Chi Fan $139,500 Chicago Title Insurance Co
Jacob Pallikal I $81,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shih Ki Shen $188,000
Previous Owner Shih Chi Fan $125,550
Previous Owner Jacob Pallikal I $43,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/09/2024 10/09/24 Sold $150,000 -3.8% $125 / Sq Ft
09/17/2024 09/17/24 Pending -- -- --
09/16/2024 09/16/24 For Sale $156,000 0.0% $130 / Sq Ft
09/05/2024 09/05/24 Pending -- -- --
08/07/2024 08/07/24 For Sale $156,000 0.0% $130 / Sq Ft
07/17/2024 07/17/24 Pending -- -- --
05/25/2024 05/25/24 For Sale $156,000 -- $130 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $3,765 $20,123 $1,886 $18,237
2024 $3,765 $20,123 $1,886 $18,237
2023 $3,657 $17,781 $1,527 $16,254
2022 $3,657 $17,781 $1,527 $16,254
2021 $3,575 $17,780 $1,526 $16,254
2020 $3,855 $17,304 $1,216 $16,088
2019 $3,786 $18,843 $1,216 $17,627
2018 $3,722 $18,843 $1,216 $17,627
2017 $2,162 $10,045 $1,003 $9,042
2016 $2,012 $10,045 $1,003 $9,042
2015 $1,841 $10,045 $1,003 $9,042
2014 $2,050 $11,050 $821 $10,229
2013 $2,514 $13,822 $821 $13,001
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12066064

Midwest Real Estate Data (MRED)

APN: 20-14-201-078-1009

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