NOT LISTED FOR SALE

1400 E 55th Place Unit 705S Chicago, IL 60637

Hyde Park Neighborhood

Estimated Value: $114,000 - $149,000

1 Bed
1 Bath
-- Sq Ft
$607/ mo HOA Fee

Last Sold August 10, 2021

Last sale price $121,000

Est. 11% increase in value since last sale

Current estimated payment $1,465/month

67 Days on Market

Highlights

  • Doorman
  • Fitness Center
  • Sundeck
  • Kenwood Academy High School Rated A-
  • Community Pool
  • Elevator

About This Home

As of August 2021

RARELY available--bright and spacious one bedroom + an office at University Park Condominium (UPC) which was designed by well-known architects I. M. Pei and Araldo Cossutta. This unit is facing beautiful courtyard, hardwood floor throughout, ample closet space, three ceiling fans with lights, two BRAND NEW air conditioners and a BRAND NEW toilet bowl are recently installed. The building offers on-site management, 24 hour door staff, four in-building laundry rooms, additional storage and an outdoor swimming pool. Close to lakefront, park, Trader Joe's, Whole Foods, tons of restaurants, stores and entertainment in Hyde Park. Easy access to Lake Shore Drive and many public transportation options for downtown and University of Chicago commute. University of Chicago school shuttle at the door. Investor friendly!

Last Agent to Sell the Property

Shuoying Zhang

Hometown Real Estate License #475174815 Listed on: 04/30/2021

Hometown Real Estate

Last Buyer's Agent

Jinhong Wang

Concentric Realty Inc. License #471019579

Concentric Realty Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,487

Year Built

  • Built in 1963

Lot Details

  • 5.61

HOA Fees

  • $607 Monthly HOA Fees

Home Design

  • Concrete Block And Stucco Construction

Kitchen

  • Range

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Schools

  • Ray Elementary School
  • Kenwood Academy High School

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Radiator
  • Baseboard Heating
  • Radiant Heating System
  • Lake Michigan Water

Community Details

Overview

  • Association fees include heat, water, gas, insurance, security, doorman, tv/cable, exterior maintenance, lawn care, scavenger, snow removal
  • 540 Units
  • Megan Serena Association, Phone Number (773) 324-1414
  • High-Rise Condominium
  • Property managed by FirstService Residential
  • 10-Story Property

Amenities

  • Doorman
  • Sundeck
  • Coin Laundry
  • Elevator
  • Community Storage Space

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Pets up to 50 lbs
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,487

Year Built

Built in 1963

Lot Details

5.61 Acres

HOA Fees

$607 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,High Rise (7+ Stories)
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,High Rise (7+ Stories)
  • Year Built: 1963
  • Age: 51-60 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: 7
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 10

Interior Features

  • Appliances: Range, Refrigerator
  • 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
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0

Exterior Features

  • DirectionFaces: North
  • Waterfront: No
  • Exterior Building Type: Concrete

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Cooling: 2 (Window/Wall Unit)
  • Heating: Baseboard, Radiant, Radiators
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 607
  • Association Amenities: Door Person, Coin Laundry, Elevator(s), Exercise Room, Storage, On Site Manager/Engineer, Sundeck, Pool
  • Association Fee Frequency: Monthly
  • Management: Manager On-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: FirstService Residential
  • Management Contact Name: Megan Serena
  • Management Phone: 773-324-1414

Fee Information

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

Schools

  • Elementary School: Ray Elementary School
  • High School: Kenwood Academy High School

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 50

Tax Info

  • Tax Annual Amount: 1486.93
  • Tax Year: 2019
  • Tax Exemptions: None

Multi Family

  • Units in Building: 540

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2021
Closed on
Aug 6, 2021
Sold by
Xu Min and Yang Zixiaojie
Bought by
Lei Nikky Y
Seller's Agent
Shuoying Zhang
Hometown Real Estate
Buyer's Agent
Jinhong Wang
Concentric Realty Inc.
List Price
$130,000
Sold Price
$121,000
Premium/Discount to List
-$9,000
-6.92%
Current Estimated Value
$134,275

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,275
Avg. Annual Appreciation
2.28%
Original Mortgage
$96,000
Outstanding Balance
$86,727
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$47,549

Purchase Details

Closed on
May 18, 2017
Sold by
Ceccarelli Claudia
Bought by
Yang Zixiaojie and Xu Min

Purchase Details

Closed on
Aug 3, 2000
Sold by
Ceccarelli Leda and Ceccarelli Marco Antonio
Bought by
Ceccarelli Claudia

Purchase Details

Closed on
Oct 7, 1999
Sold by
Ceccarelli Claudia
Bought by
Ceccarelli Claudia and Ceccarelli Leda

Purchase Details

Closed on
Aug 31, 1994
Sold by
Wolf Claude H
Bought by
Chira Ana Luisa
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Lei Nikky Y $121,000 Chicago Title
Yang Zixiaojie $86,000 None Available
Ceccarelli Claudia -- --
Ceccarelli Claudia -- --
Chira Ana Luisa $36,000 Attorneys Title Guaranty Fun
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lei Nikky Y $96,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/10/2021 08/10/21 Sold $121,000 -6.9% --
07/06/2021 07/06/21 Pending -- -- --
04/30/2021 04/30/21 For Sale $130,000 -- --
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 $1,906 $12,047 $2,608 $9,439
2024 $1,906 $12,047 $2,608 $9,439
2023 $1,851 $9,000 $2,103 $6,897
2022 $1,851 $9,000 $2,103 $6,897
2021 $1,140 $8,999 $2,103 $6,896
2020 $823 $6,796 $1,682 $5,114
2019 $1,487 $7,401 $1,682 $5,719
2018 $1,462 $7,401 $1,682 $5,719
2017 $1,441 $6,696 $1,388 $5,308
2016 $1,341 $6,696 $1,388 $5,308
2015 $1,227 $6,696 $1,388 $5,308
2014 $1,521 $8,195 $1,135 $7,060
2013 $1,490 $8,195 $1,135 $7,060
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2021

    Shuoying Zhang

    Hometown Real Estate

    16 in this area

    22 Total Sales

    Shuoying Zhang
    Section Image

  • J

    Buyer's Agent in 2021

    Jinhong Wang

    Concentric Realty Inc.

    (773) 653-1228

    71 in this area

    72 Total Sales

    Jinhong Wang
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11071574

Midwest Real Estate Data (MRED)

APN: 20-14-202-076-1312

Illinois Cook County Chicago 60615 Hyde Park

1400 E 55th Place Unit 705S, Chicago, IL

Not Listed for Sale

Condos

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID

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