NOT LISTED FOR SALE

1404 E 56th St Unit 2 Chicago, IL 60637

Hyde Park Neighborhood

Estimated Value: $289,000 - $314,000

3 Beds
1 Bath
1,200 Sq Ft
$520/mo HOA Fee

Last Sold July 13, 2022

Last sale price $285,000 $238 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,599/month

Highlights

  • Lock-and-Leave Community
  • Deck
  • Whirlpool Bathtub
  • Kenwood Academy High School Rated A-
  • Wood Flooring
  • 4-minute walk to Bixler Park

About This Home

As of July 2022

Bright & spacious Hyde Park 3-bedroom vintage condo on quiet, tree lined street. Remodeled kitchen with cherry cabinets, granite counter tops, custom glass subway tile backsplash, stainless steel appliances & breakfast area with built in banquette. Many vintage features including hardwood floors throughout, beautiful built in hutch with mirror and leaded glass doors, high ceilings, tall baseboards & crown molding. Large thermopane windows and plenty of storage with large walk in hall closet. Brand new expanded 21 x 6 private deck overlooks huge, shared backyard. Front loading washer/dryer in unit. Additional storage locker and bike room in basement. Amazing location is close to University of Chicago campus, restaurants, shopping, Museum of Science and Industry, transportation, Lake, and parks!

Last Agent to Sell the Property

Jeffrey Lowe

Compass License #475154506 Listed on: 06/14/2022

Compass

Co-Listed By

Jen Laskov

Compass

Last Buyer's Agent

Non Member

NON MEMBER

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,452

Year Built

  • Built in 1915 | Remodeled in 2014

Lot Details

  • 0.36

HOA Fees

  • $520 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3-Story Property
  • Built-In Features
  • Ceiling Fan
  • Blinds
  • Entrance Foyer
  • Combination Dining and Living Room
  • Breakfast Room
  • Storage
  • Wood Flooring

Kitchen

  • Gas Oven
  • Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Walk-In Closet
  • 1 Full Bathroom
  • Whirlpool Bathtub

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Utilities

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

Additional Features

  • Deck
  • Fenced Yard

Community Details

Overview

  • Association fees include heat, water, gas, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 18 Units
  • Westward360 Association
  • Low-Rise Condominium
  • Property managed by Westward360
  • Lock-and-Leave Community

Amenities

  • Coin Laundry
  • Community Storage Space

Recreation

  • Bike Trail

Pet Policy

  • Dogs and Cats Allowed

Security

  • Storm Screens

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,452

Year Built

Built in 1915 | Remodeled in 2014

Lot Details

0

HOA Fees

$520 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Low Rise (1-3 Stories),Vintage
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,Low Rise (1-3 Stories),Vintage
  • Year Built: 1915
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 2
  • Rehab Year: 2014
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Renovated: 2014

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Gas Oven
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit, Storage, Built-in Features, Walk-In Closet(s), Drapes/Blinds, Granite Counters
  • Other Equipment: Ceiling Fan(s)
  • Room Type: Breakfast Room, Walk In Closet, Foyer, Deck
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Whirlpool
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Deck, Storms/Screens
  • List Price: 285000
  • Lot Features: Corner Lot, Fenced Yard
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 0
  • Driveway: Asphalt
  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Cooling: Window/Wall Units - 2
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Steam, Radiator(s)
  • Laundry Features: Gas Dryer Hookup, In Unit
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 520
  • Association Amenities: Bike Room/Bike Trails, Coin Laundry, Storage, Security Door Lock(s)
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site,Monday through Friday
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Westward360
  • Management Contact Name: Westward360
  • Management Phone: 999-999-9999
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 4451.58
  • Tax Year: 2020
  • Tax Exemptions: None

Multi Family

  • Units in Building: 18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2022
Closed on
Jun 27, 2022
Sold by
Wear Jordan Alexander and Wear Laurel Margaret
Bought by
Slytherin House Inc
Seller's Agent
Jeffrey Lowe
Compass
Buyer's Agent
Non Member
NON MEMBER
List Price
$285,000
Sold Price
$285,000
Current Estimated Value
$301,949

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,949
Avg. Annual Appreciation
0.48%

Purchase Details

Listed on
Nov 27, 2020
Closed on
Jan 9, 2021
Sold by
Meyer Benjamin and Meyer Rebecca
Bought by
Wear Jordan Alexander and Wear Lauriel Margaret
Seller's Agent
Mike Frank
Keller Williams Preferred Realty
Buyer's Agent
Mike Frank
Keller Williams Preferred Realty
List Price
$275,000
Sold Price
$260,000
Premium/Discount to List
-$15,000
-5.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.36%
Original Mortgage
$247,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 9, 2019
Sold by
Baillie Properties Lp
Bought by
Meyer Benjamin and Meyer Rebecca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,750
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 17, 2015
Closed on
Jul 30, 2015
Sold by
Wu Feng and Guo Zhongmin
Bought by
Baillie Properties Lp
Seller's Agent
Linda Ross
Baird & Warner
Buyer's Agent
Frank Scaletta
xr realty
List Price
$235,000
Sold Price
$215,000
Premium/Discount to List
-$20,000
-8.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.99%

Purchase Details

Closed on
May 25, 2010
Sold by
Janowitz Gayle
Bought by
Wu Feng and Guo Zhongmin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,400
Interest Rate
5.13%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Slytherin House Inc $285,000 Chicago Title
Wear Jordan Alexander $260,000 Attorneys Ttl Guaranty Fund
Meyer Benjamin $245,000 Chicago Title
Baillie Properties Lp $215,000 Stewart Title
Wu Feng $193,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wear Jordan Alexander $247,000
Previous Owner Meyer Benjamin $183,750
Previous Owner Wu Feng $150,000
Previous Owner Wu Feng $154,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/13/2022 07/13/22 Sold $285,000 0.0% $238 / Sq Ft
06/14/2022 06/14/22 Pending -- -- --
06/14/2022 06/14/22 For Sale $285,000 +9.6% $238 / Sq Ft
01/15/2021 01/15/21 Sold $260,000 -3.7% $186 / Sq Ft
12/06/2020 12/06/20 Pending -- -- --
11/27/2020 11/27/20 Price Changed $270,000 -1.8% $193 / Sq Ft
11/27/2020 11/27/20 For Sale $275,000 +27.9% $196 / Sq Ft
08/03/2015 08/03/15 Sold $215,000 -6.1% $154 / Sq Ft
07/11/2015 07/11/15 Pending -- -- --
06/29/2015 06/29/15 Price Changed $229,000 -2.6% $164 / Sq Ft
06/17/2015 06/17/15 For Sale $235,000 -- $168 / 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
2024 $5,355 $27,320 $5,295 $22,025
2023 $5,202 $25,293 $4,270 $21,023
2022 $5,202 $25,293 $4,270 $21,023
2021 $5,086 $25,291 $4,269 $21,022
2020 $4,452 $19,983 $3,415 $16,568
2019 $3,683 $21,762 $3,415 $18,347
2018 $3,620 $21,762 $3,415 $18,347
2017 $3,516 $19,710 $2,818 $16,892
2016 $3,448 $19,710 $2,818 $16,892
2015 $3,131 $19,710 $2,818 $16,892
2014 $2,387 $15,434 $2,305 $13,129
2013 $2,329 $15,434 $2,305 $13,129
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11464097

Midwest Real Estate Data (MRED)

APN: 20-14-203-044-1005