Seller's Agent in 2022
Margie Smigel
The Margie Smigel Group, LLC
(312) 953-1466
23 in this area
74 Total Sales
1400 E 55th Place Unit 202S Chicago, IL 60637
Hyde Park NeighborhoodEstimated Value: $182,000 - $235,000
2
Beds
2
Baths
925
Sq Ft
$977/mo
HOA Fee
Highlights
- Doorman
- Fitness Center
- Landscaped Professionally
- Kenwood Academy High School Rated A-
- In Ground Pool
- Mature Trees
About This Home
As of August 2022This terrific condo is under contract with a contingency to close on the sale of the buyer's property. We still welcome you to see it and make an offer if it looks like a great place for you. Located on the lip of the University of Chicago campus, this corner condo looks out to the neighborhood through mature trees. The distinctive I.M. Pei design shines through the arched exterior windows. The wood laminate floors throughout give it a modern feel. The renovated kitchen was opened to the living/dining room. It has 42" wood cabinets, granite countertops, stainless steel appliances and a peninsula for dining. The hall bath has lovely tiles and an updated vanity. Both bedrooms are roomy enough for both work and sleep. The master bath has a full size tiled shower stall and a newer vanity. This unit comes with an exterior parking space which is a valuable commodity in this end of the neighborhood. There won't be much need to drive, however, because you are in the center of the vibrant Hyde Park neighborhood. The Hyde Park Shopping Center with the Trader Joes and Walgreens as well as restaurants, shops and a bakery are an easy block east. To the west are restaurants and coffee shops on 55th. On 57th are more restaurants and bookstores. You are just two blocks south of the restaurants and shops on 53rd. An easy walk or bike to the the University of Chicago classrooms and offices, you'll also have all the attractions of the University. Concerts, films, theater and museums make this a cultural destination. It's also easy to get to the Loop on Lake Shore Drive or taking an express bus or Metra train close by. Beaches and Promontory Point on the lakefront are just blocks away. The building has attentive management, great security and a large engineering staff. It has a lovely pool you can join by the season and an exercise room. Few know about the breezy sun deck on the roof, but everyone knows about the big courtyard anchored by a center fountain. A storage locker (#70) comes with your unit too. Owners can have one dog and 2 cats. No pet weight limit. The parking space (#27) is in the the secure lot across the street from the North entrance at Blackstone. The spot is including in the price. Walk-Score rates the location as a biker's and walker's paradise with good transit.
Last Agent to Sell the Property
The Margie Smigel Group, LLC License #471000008 Listed on: 06/15/2022
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,650
Year Built
- Built in 1963 | Remodeled in 2007
Lot Details
- End Unit
- Fenced Yard
- Landscaped Professionally
- Mature Trees
- Garden
HOA Fees
- $977 Monthly HOA Fees
Home Design
- Concrete Block And Stucco Construction
Interior Spaces
- 925 Sq Ft Home
- Ceiling Fan
- Blinds
- Entrance Foyer
- Living Room
- Open Floorplan
- Dining Room
- Storage
- Home Gym
- Laminate Flooring
- Intercom
Kitchen
- Gas Oven
- Gas Cooktop
- Range Hood
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Granite Countertops
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- Main Floor Bedroom
- Bathroom on Main Level
- 2 Full Bathrooms
- Separate Shower
Laundry
- Laundry Room
- Laundry in multiple locations
- Washer and Dryer Hookup
Parking
- 1 Parking Space
- Uncovered Parking
- Parking Lot
- Off-Street Parking
- Parking Included in Price
- Assigned Parking
Accessible Home Design
- Accessible Common Area
- Lowered Light Switches
- Accessibility Features
- Doors are 32 inches wide or more
- No Interior Steps
- Ramp on the main level
- Entry thresholds less than 5/8 inches
Outdoor Features
- In Ground Pool
- Exterior Lighting
Schools
- Ray Elementary School
- Kenwood Academy High School
Utilities
- 3+ Cooling Systems Mounted To A Wall/Window
- Radiator
- Baseboard Heating
- Lake Michigan Water
- Cable TV Available
Listing and Financial Details
- Homeowner Tax Exemptions
Community Details
Overview
- Association fees include heat, water, gas, parking, insurance, security, doorman, exercise facilities, exterior maintenance, lawn care, scavenger, snow removal
- 540 Units
- Megan Serena Association, Phone Number (773) 324-1414
- High-Rise Condominium
- University Park Condos Subdivision, 2Br/2Ba Corner Unit Floorplan
- Property managed by First Service Residential
- Lock-and-Leave Community
- 10-Story Property
Amenities
- Doorman
- Sundeck
- Common Area
- Party Room
- Coin Laundry
- Lobby
- Package Room
- Community Storage Space
- Elevator
Recreation
- Fitness Center
- Community Pool
- Park
- Bike Trail
Pet Policy
- Limit on the number of pets
- Dogs and Cats Allowed
Security
- Security Service
- Resident Manager or Management On Site
- Fenced around community
- Security Lighting
- Storm Screens
- Carbon Monoxide Detectors
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 15, 2022
Closed on
Aug 10, 2022
Sold by
Li Chi
Bought by
Hartel Gabriele Barbara
Seller's Agent
Margie Smigel
The Margie Smigel Group, LLC
Buyer's Agent
Jennifer Bustillo
Compass
List Price
$200,000
Sold Price
$180,000
Premium/Discount to List
-$20,000
-10%
Views
1
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,433
Avg. Annual Appreciation
2.46%
Purchase Details
Closed on
Jun 19, 2017
Sold by
Duraiswamy Jaikumar and Kuppuraju Priya
Bought by
Li Chi
Purchase Details
Listed on
Sep 21, 2012
Closed on
Dec 18, 2012
Sold by
Nb Pad Holdings Iii Llc
Bought by
Li Han Xiang and Li Wan Ping
Seller's Agent
Les Robinson
Baird & Warner
Buyer's Agent
Hermia Cheung
Richland Properties and Homes
List Price
$94,999
Sold Price
$85,000
Premium/Discount to List
-$9,999
-10.53%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.69%
Purchase Details
Closed on
Aug 24, 2012
Sold by
Scarborough Sabrina
Bought by
Nb Pad Holding Iii Llc
Purchase Details
Closed on
Oct 30, 2007
Sold by
Vonwiese Mack Sheila
Bought by
Sabrina Scarborough Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hartel Gabriele Barbara | $180,000 | Citywide Title | |
| Li Chi | $142,000 | Stewart Title Company | |
| Li Han Xiang | $85,000 | Chicago Title Insruance Comp | |
| Nb Pad Holding Iii Llc | -- | Ticor Title Isurance Company | |
| Sabrina Scarborough Trust | $130,000 | Cti |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Sabrina Scarborough Trust | $104,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/12/2022 08/12/22 | Sold | $180,000 | -10.0% | $195 / Sq Ft |
| 07/18/2022 07/18/22 | Pending | -- | -- | -- |
| 06/15/2022 06/15/22 | For Sale | $200,000 | +48.1% | $216 / Sq Ft |
| 10/30/2016 10/30/16 | Sold | $135,000 | -10.0% | $135 / Sq Ft |
| 09/18/2016 09/18/16 | Pending | -- | -- | -- |
| 09/09/2016 09/09/16 | For Sale | $150,000 | +76.5% | $150 / Sq Ft |
| 12/21/2012 12/21/12 | Sold | $85,000 | -10.5% | $92 / Sq Ft |
| 12/04/2012 12/04/12 | Pending | -- | -- | -- |
| 09/21/2012 09/21/12 | For Sale | $94,999 | -- | $103 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $2,964 | $18,631 | $4,033 | $14,598 |
| 2023 | $2,176 | $14,001 | $3,253 | $10,748 |
| 2022 | $2,176 | $14,001 | $3,253 | $10,748 |
| 2021 | $2,145 | $13,999 | $3,252 | $10,747 |
| 2020 | $1,650 | $10,510 | $2,601 | $7,909 |
| 2019 | $2,300 | $11,446 | $2,601 | $8,845 |
| 2018 | $2,261 | $11,446 | $2,601 | $8,845 |
| 2017 | $2,229 | $10,355 | $2,146 | $8,209 |
| 2016 | $2,074 | $10,355 | $2,146 | $8,209 |
| 2015 | $1,897 | $10,355 | $2,146 | $8,209 |
| 2014 | $2,351 | $12,674 | $1,756 | $10,918 |
| 2013 | $2,305 | $12,674 | $1,756 | $10,918 |
Source: Public Records
Agents Affiliated with this Home
-
Margie Smigel
-
Jennifer Bustillo
Buyer's Agent in 2022
Jennifer Bustillo
Compass
(415) 572-9990
3 in this area
155 Total Sales
-
Jeffrey Nobleza
Seller's Agent in 2016
Jeffrey Nobleza
Baird Warner
(773) 677-5340
15 Total Sales
-
Mike Ryan
Buyer's Agent in 2016
Mike Ryan
HomeSmart Connect LLC
(773) 915-3079
53 Total Sales
-
L
Seller's Agent in 2012
Les Robinson
Baird Warner
-
Hermia Cheung
H
Buyer's Agent in 2012
Hermia Cheung
Richland Properties and Homes
(312) 965-0071
1 in this area
34 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11435176
APN: 20-14-202-076-1280
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