NOT LISTED FOR SALE

1400 E 55th Place Unit 1004S Chicago, IL 60637

Hyde Park Neighborhood

Estimated Value: $120,998 - $138,000

Studio
1 Bath
500 Sq Ft
$448/mo HOA Fee

Last Sold June 30, 2023

Last sale price $92,000 $184 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $1,236/month

2 Days on Market

Highlights

  • Soaking Tub
  • Living Room
  • Dining Room
  • Kenwood Academy High School Rated A-
  • Laundry Room
  • Baseboard Heating

About This Home

As of June 2023

Fabulous opportunity to own a piece of this iconic historical building designed by renowned architect I.M. Pei. University Park Condominiums, located in Excellent Hyde Park location, are in close proximity to University of Chicago, Starbucks, Trader Joe's, Whole Foods, Walgreens, parks, restaurants and shopping! With a wall of floor to ceiling arched windows, this light & bright studio condo has 24 hour gated security and door staff, onsite management, outdoor pool, fitness room, elevators, package receiving, courtyard, sundeck, storage, on-site common laundry area, and more. Investor friendly association with no rental cap. Property is being sold as-is. Check it out before the opportunity is gone!

Last Agent to Sell the Property

Lory Gallagher

Compass License #475174700 Listed on: 06/08/2023

Compass

Last Buyer's Agent

Peter Losacco

New Concept Realty License #471014490

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,407

Year Built

  • Built in 1963

Lot Details

  • 5.61

HOA Fees

  • $448 Monthly HOA Fees

Home Design

  • Studio

Interior Spaces

  • 500 Sq Ft Home
  • Family Room
  • Living Room
  • Dining Room
  • Laundry Room

Bedrooms and Bathrooms

  • 1 Full Bathroom
  • Soaking Tub

Parking

  • Uncovered Parking
  • On-Site Parking
  • Off-Street Parking
  • Unassigned Parking

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Baseboard Heating
  • Radiant Heating System
  • Lake Michigan Water

Community Details

Overview

  • Association fees include heat, water, gas, insurance, security, doorman, exterior maintenance, lawn care, scavenger, snow removal
  • 270 Units
  • Manager Association, Phone Number (773) 324-1414
  • High-Rise Condominium
  • University Park Condos Subdivision
  • Property managed by University Park Condo Association
  • 10-Story Property

Amenities

  • Laundry Facilities

Pet Policy

  • Pets up to 100 lbs
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,407

Year Built

Built in 1963

Lot Details

0

HOA Fees

$448 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,High Rise (7+ Stories),Studio
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,High Rise (7+ Stories),Studio
  • Subdivision Name: University Park Condos
  • Year Built: 1963
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access,Historical District
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 10
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 10

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • LivingArea: 500
  • Room Type: No additional rooms
  • Stories Total: 10
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Square Footage Comments: measurements are estimated.
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Concrete,Combination

Garage/Parking

  • Parking Features: Unassigned, Off Street
  • Number of Cars: 0
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: N/A

Utilities

  • Sewer: Public Sewer
  • Cooling: Window/Wall Unit - 1
  • Heating: Baseboard, Radiant
  • Laundry Features: Common Area
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 448
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Not Required
  • Management Company: University Park Condo Association
  • Management Contact Name: Manager
  • Management Phone: 773-324-1414
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Lot Info

  • 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: 100

Tax Info

  • Tax Annual Amount: 1407.44
  • Tax Year: 2021

Multi Family

  • Units in Building: 270

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2023
Closed on
Jun 26, 2023
Sold by
Brues Joanne and Brues John Carrol
Bought by
Stevio Llc
Seller's Agent
Lory Gallagher
Compass
Buyer's Agent
Peter Losacco
New Concept Realty
List Price
$85,000
Sold Price
$92,000
Premium/Discount to List
$7,000
8.24%
Views
17
Current Estimated Value
$126,985

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,985
Avg. Annual Appreciation
13.77%
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
Stevio Llc $92,000 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2023 06/30/23 Sold $92,000 +8.2% $184 / Sq Ft
06/11/2023 06/11/23 Pending -- -- --
06/08/2023 06/08/23 For Sale $85,000 -- $170 / 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
2025 $1,482 $9,035 $1,956 $7,079
2024 $1,482 $9,035 $1,956 $7,079
2023 $1,440 $7,000 $1,577 $5,423
2022 $1,440 $7,000 $1,577 $5,423
2021 $1,407 $6,999 $1,577 $5,422
2020 $1,135 $5,096 $1,261 $3,835
2019 $1,115 $5,550 $1,261 $4,289
2018 $1,096 $5,550 $1,261 $4,289
2017 $1,081 $5,022 $1,041 $3,981
2016 $1,006 $5,022 $1,041 $3,981
2015 $920 $5,022 $1,041 $3,981
2014 $1,140 $6,146 $851 $5,295
2013 $1,118 $6,146 $851 $5,295
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11803102

Midwest Real Estate Data (MRED)

APN: 20-14-202-076-1306