Seller's Agent in 2021
Peter Perlinac
Ultimate Realty Group LLC
(773) 636-4212
11 in this area
12 Total Sales
1400 E 56th St Unit 1 Chicago, IL 60637
Hyde Park NeighborhoodEstimated Value: $364,686 - $425,000
3
Beds
2
Baths
1,500
Sq Ft
$630/mo
HOA Fee
Highlights
- Formal Dining Room
- Kenwood Academy High School Rated A-
- 4-minute walk to Bixler Park
About This Home
As of October 2021Welcome to this bright and cheerful 3 bedroom/2 bath 1st floor condo. Situated on the corner of 56th and Dorchester, the location of this residence can't be beat for Hyde Park living. You are a mere 3 blocks to the Metra train lines and the CTA buses. Walk or ride your bike east down 56th street, with its beautiful canopy of stately mature trees, and you are at the lakefront. Head west a few blocks to the University of Chicago campus. Also nearby are the shops and restaurants of 55th and 57th streets. This condo benefits from south and west exposures bringing in an abundance of natural light all day. Hardwood floors throughout the home, beamed ceilings in the separate dining room with a pass-through to the huge kitchen. Owned laundry machines are in the basement one floor down, accessed through the front lobby so you don't have to fight the weather. New back porches and stairs were built this past spring. You can't go wrong in this pet and people friendly building. Truly a beautiful and tranquil part of historic Hyde Park, with amazing architecture and gardens to enjoy all around you. Currently no exemptions are applied to the property taxes.
Last Agent to Sell the Property
Ultimate Realty Group LLC License #475141301 Listed on: 07/27/2021
Property Details
Home Type
- Condominium
Year Built
- 1901
Lot Details
- 0.36
HOA Fees
- $630 per month
Interior Spaces
- Formal Dining Room
- Unfinished Basement
- Basement Cellar
Community Details
Overview
- 18 Units
- Association Phone (773) 572-0880
- Low-Rise Condominium
- Property managed by Westward 360
Pet Policy
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 27, 2021
Closed on
Sep 28, 2021
Sold by
Brezak Zvonko J and Brezak Ruzica
Bought by
Albert Frances
Seller's Agent
Peter Perlinac
Ultimate Realty Group LLC
Buyer's Agent
Matt Diehl
Compass
List Price
$349,000
Sold Price
$322,500
Premium/Discount to List
-$26,500
-7.59%
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
$82,422
Avg. Annual Appreciation
5.53%
Original Mortgage
$241,875
Outstanding Balance
$220,556
Interest Rate
3.37%
Mortgage Type
New Conventional
Estimated Equity
$184,366
Purchase Details
Closed on
Mar 4, 2007
Sold by
Brezak Zvonko J and Brezak Rosa
Bought by
Brezak Zvonko J and Brezak Ruzica
Purchase Details
Closed on
Aug 2, 2002
Sold by
Yurco Frank J and Yurco Dianne M
Bought by
Brezak Zvonko J and Brezak Rosa
Purchase Details
Closed on
May 19, 1999
Sold by
Acharya Gita
Bought by
Yurco Frank J and Yurco Dianne M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
6.94%
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 |
|---|---|---|---|
| Albert Frances | $322,500 | Chicago Title | |
| Brezak Zvonko J | -- | None Available | |
| Brezak Zvonko J | $178,000 | Chicago Title Insurance Co | |
| Yurco Frank J | $130,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Albert Frances | $241,875 | |
| Previous Owner | Yurco Frank J | $75,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/08/2021 10/08/21 | Sold | $322,500 | -7.6% | $215 / Sq Ft |
| 09/07/2021 09/07/21 | Pending | -- | -- | -- |
| 07/27/2021 07/27/21 | For Sale | $349,000 | -- | $233 / 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 |
|---|---|---|---|---|
| 2025 | $6,484 | $33,079 | $6,411 | $26,668 |
| 2024 | $6,484 | $33,079 | $6,411 | $26,668 |
| 2023 | $6,299 | $30,625 | $5,170 | $25,455 |
| 2022 | $6,299 | $30,625 | $5,170 | $25,455 |
| 2021 | $6,158 | $30,624 | $5,170 | $25,454 |
| 2020 | $5,390 | $24,197 | $4,136 | $20,061 |
| 2019 | $5,294 | $26,351 | $4,136 | $22,215 |
| 2018 | $5,205 | $26,351 | $4,136 | $22,215 |
| 2017 | $3,830 | $23,866 | $3,412 | $20,454 |
| 2016 | $3,923 | $23,866 | $3,412 | $20,454 |
| 2015 | $3,549 | $23,866 | $3,412 | $20,454 |
| 2014 | $2,650 | $18,688 | $2,791 | $15,897 |
| 2013 | $2,579 | $18,688 | $2,791 | $15,897 |
Source: Public Records
Agents Affiliated with this Home
-
Peter Perlinac
-
Matt Diehl
Buyer's Agent in 2021
Matt Diehl
Compass
(773) 710-8818
1 in this area
145 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11170316
APN: 20-14-203-044-1001
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