NOT LISTED FOR SALE

1400 E 55th Place Unit 303S Chicago, IL 60637

Hyde Park Neighborhood

Estimated Value: $137,459 - $154,000

1 Bed
1 Bath
750 Sq Ft
$611/mo HOA Fee

Last Sold July 24, 2024

Last sale price $135,000 $180 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,551/month

22 Days on Market

Highlights

  • Doorman
  • Fitness Center
  • Community Pool
  • Kenwood Academy High School Rated A-
  • Lock-and-Leave Community
  • Party Room

About This Home

As of July 2024

Move in ready one bedroom in hot UPC building! Well kept. Move in ready! Central location, 10 minutes walking to U of C, On site management office. 24 hours security door man. Walking distance to the train and the lake. exercise room, laundry, out-door pool, storage/bike room, party room, sundeck. Pets welcome. Ray school. Rental is allowed. No rent cap. Trader Joe's is around corner. School bus on each side of the building. On site manually operated large receiving room provides convenience and security. Current lease expires on July 31st 2024. Showings require 24 hours' notice. Nice community!

Last Agent to Sell the Property

Jinhong Wang

Concentric Realty Inc. License #471019579 Listed on: 06/09/2024

Concentric Realty Inc.

Last Buyer's Agent

Jinhong Wang

Concentric Realty Inc. License #471019579 Listed on: 06/09/2024

Concentric Realty Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,851

Year Built

  • Built in 1961

Lot Details

  • 5.61

HOA Fees

  • $611 Monthly HOA Fees

Home Design

  • Concrete Block And Stucco Construction

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Heating System Uses Steam
  • Lake Michigan Water

Community Details

Overview

  • Association fees include heat, water, gas, insurance, security, doorman, exterior maintenance, lawn care, scavenger, snow removal
  • 540 Units
  • Megan Serena Association, Phone Number (773) 324-1414
  • Property managed by First service residential
  • Lock-and-Leave Community
  • 10-Story Property

Amenities

  • Doorman
  • Sundeck
  • Party Room
  • Coin Laundry
  • Elevator
  • Package Room
  • Community Storage Space

Recreation

  • Fitness Center
  • Community Pool
  • Park
  • Bike Trail

Pet Policy

  • Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,851

Year Built

Built in 1961

Lot Details

0

HOA Fees

$611 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: 1961
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train
  • 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: 10

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Room Type: No additional rooms
  • Stories Total: 10
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Concrete

Garage/Parking

  • Driveway: Concrete,Other
  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Cooling: Window/Wall Units - 2
  • Heating: Steam
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK
  • Association Fee: 611
  • Association Amenities: Bike Room/Bike Trails, Door Person, Coin Laundry, Elevator(s), Exercise Room, Storage, On Site Manager/Engineer, Park, Party Room, Sundeck, Pool, Receiving Room, Security Door Lock(s)
  • Association Fee Frequency: Monthly
  • Management: Manager On-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: First service residential
  • Management Contact Name: Megan Serena
  • 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: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No

Tax Info

  • Tax Annual Amount: 1850.91
  • Tax Year: 2022

Multi Family

  • Units in Building: 540

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2024
Closed on
Jul 16, 2024
Sold by
Pristine Partners Llc
Bought by
Li Chengxi and Niu Xin
Seller's Agent
Jinhong Wang
Concentric Realty Inc.
Buyer's Agent
Jinhong Wang
Concentric Realty Inc.
List Price
$142,000
Sold Price
$135,000
Premium/Discount to List
-$7,000
-4.93%
Views
30
Current Estimated Value
$149,619

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,619
Avg. Annual Appreciation
6.06%

Purchase Details

Closed on
Mar 18, 2018
Sold by
Lee Min Sok
Bought by
Pristine Partners Llc

Purchase Details

Closed on
Oct 20, 2016
Sold by
Li Han Xiang and Li Wan Ping
Bought by
Duralswamy Jalkumar and Kuppuraju Priya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,250
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 7, 2013
Closed on
Mar 21, 2013
Sold by
Saban Clara V
Bought by
Lee Min Sok
Seller's Agent
Lee Cherney
Compass
Buyer's Agent
Robert Washington
Century 21 Circle
List Price
$69,900
Sold Price
$61,000
Premium/Discount to List
-$8,900
-12.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.13%

Purchase Details

Closed on
Jun 25, 2012
Sold by
Saban Clara V
Bought by
Saban Jose and Jose Saban Living Trust

Purchase Details

Closed on
Oct 18, 2002
Sold by
Saban Jose and Saban Clara
Bought by
Saban Clara V and Saban Jose

Purchase Details

Closed on
Jun 26, 2000
Sold by
Bank One Trust Company Na
Bought by
Saban Jose and Saban Clara V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,800
Interest Rate
8.66%
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
Li Chengxi $135,000 Chicago Title
Pristine Partners Llc -- Attorney
Duralswamy Jalkumar $135,000 Citywide Title Corporation
Lee Min Sok $61,000 Chicago Title Company
Saban Jose -- None Available
Saban Clara V -- --
Saban Jose $41,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Duralswamy Jalkumar $101,250
Previous Owner Saban Jose $32,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/24/2024 07/24/24 Sold $135,000 -4.9% $180 / Sq Ft
07/02/2024 07/02/24 Pending -- -- --
06/09/2024 06/09/24 For Sale $142,000 +132.8% $189 / Sq Ft
03/27/2013 03/27/13 Sold $61,000 -12.7% $81 / Sq Ft View Prior Sale
03/13/2013 03/13/13 Pending -- -- --
03/07/2013 03/07/13 For Sale $69,900 -- $93 / 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 $1,906 $11,746 $2,543 $9,203
2024 $1,906 $11,746 $2,543 $9,203
2023 $1,851 $9,001 $2,051 $6,950
2022 $1,851 $9,001 $2,051 $6,950
2021 $1,810 $8,999 $2,050 $6,949
2020 $1,476 $6,626 $1,640 $4,986
2019 $1,450 $7,216 $1,640 $5,576
2018 $1,425 $7,216 $1,640 $5,576
2017 $1,405 $6,528 $1,353 $5,175
2016 $1,307 $6,528 $1,353 $5,175
2015 $1,196 $6,528 $1,353 $5,175
2014 $1,482 $7,990 $1,107 $6,883
2013 $1,453 $7,990 $1,107 $6,883
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12079275

Midwest Real Estate Data (MRED)

APN: 20-14-202-076-1290