NOT LISTED FOR SALE

1406 E 56th St Unit 3 Chicago, IL 60637

Hyde Park Neighborhood

Estimated Value: $292,000 - $362,000

3 Beds
1 Bath
1,400 Sq Ft
$519/mo HOA Fee

Last Sold June 08, 2020

Last sale price $240,000 $171 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $2,665/month

145 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Stainless Steel Appliances
  • Kenwood Academy High School Rated A-
  • Corner Lot
  • 4-minute walk to Bixler Park

About This Home

As of June 2020

Beautiful and spacious 3rd floor vintage condo in the wonderful Hyde Park neighborhood.Walk to everything including the lakefront, University of Chicago campus, shopping and restaurants. The top floor condo overlooks a tree lined block. The large windows let in an abundance of light and the kitchen has new gray quartz countertops, stainless steel appliances and a brick loft ambiance. The condo has (3) bedrooms, a Carrara bathroom and stained oak hardwood, doors and moldings plus wash and dry your clothes right in your own utility room in this 1400 SF home. The assessments include heat, water and gas.

Last Agent to Sell the Property

James Heaney

@properties Christie's International Real Estate License #475178661 Listed on: 12/02/2019

@properties Christie's International Real Estate

Last Buyer's Agent

Cheryl Mallard

Redfin Corporation License #475151181

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,653

Year Built | Renovated

  • 1899 | 2015

Lot Details

  • 0.36

HOA Fees

  • $519 per month

Parking

  • Shared Driveway

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Rubber Roof

Kitchen

  • Galley Kitchen
  • Oven or Range
  • Freezer
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • Walk-In Closet
  • Soaking Tub

Laundry

  • Dryer
  • Washer

Utilities

  • Hot Water Heating System
  • Lake Michigan Water

Additional Features

  • Wood Flooring
  • Deck
  • Southern Exposure
  • Property is near a bus stop

Community Details

  • Pets Allowed

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,653

Year Built | Renovated

1899 | 2015

Lot Details

0

HOA Fees

$519 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus, Commuter Train
  • Recent Rehab: Yes
  • Unit Floor Level: 3
  • Age: 100+ Years
  • Full Bathrooms: 1
  • Ownership: Condo
  • Rehab Year: 2015
  • Total Full or Half Bathrooms: 1
  • Total Sq Ft: 1400
  • Estimated Year Built: 1899
  • Tax Exemptions: Homeowner
  • Type Attached: Condo
  • Total Sq Ft: 1400
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Built: 1899
  • Year Renovated: 2015

Interior Features

  • Interior Property Features: Hardwood Floors, Walk-In Closet(s)
  • Number Of Rooms: 6
  • Living Room: Dimensions: 16X13, On Level: 3rd Level, Flooring: Hardwood, Windows: None
  • Appliances: Oven/Range, Dishwasher, Refrigerator, Freezer, Washer, Dryer, All Stainless Steel Kitchen Appliances
  • Bedrooms All Levels: 3
  • Bathroom Amenities: Soaking Tub
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 8X7, On Level: 3rd Level, Flooring: Hardwood, Windows: None
  • Dining Room: Dimensions: 8X7, On Level: 3rd Level, Flooring: Hardwood, Windows: None
  • Kitchen Type: Dimensions: 13X8, On Level: 3rd Level, Flooring: Hardwood, Windows: None
  • Kitchen Type: Galley
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 17X11, On Level: 3rd Level, Flooring: Hardwood, Windows: None
  • Bedroom 2: Dimensions: 12X11, On Level: 3rd Level, Flooring: Hardwood, Windows: None
  • Bedroom 3: Dimensions: 16X10, On Level: 3rd Level, Flooring: Hardwood, Windows: None
  • Estimated Sq Ft: 1400
  • Estimated Total Finished Sq Ft: 1400
  • Main Level Sq Ft: 1400
  • Dining Room Type: Separate

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick
  • Roof Type: Rubber
  • Exterior Property Features: Deck
  • Exposure: S (South)

Garage/Parking

  • Driveway: Shared

Utilities

  • Electricity: Circuit Breakers
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Hot Water/Steam

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager Off-site
  • Pet Information: Cats OK, Dogs OK
  • Common Area Amenities: Storage
  • Assessment Includes: Water, Gas, Common Insurance, Exterior Maintenance, Lawn Care
  • Assessment Association Fees: 519
  • Management Contact Name: Jim Heaney
  • Management Phone: 312-282-0305

Fee Information

  • Management Company: 54

Schools

  • School District: 299
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON
  • Lot Description: Corner
  • Parcel Identification Number: 20142030441009
  • Zero Lot Line: No

Multi Family

  • Total Number Unitsin Building: 18
  • Number Stories: 3

Tax Info

  • Taxes: 3620.13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2019
Closed on
Jun 2, 2020
Sold by
Wiersma Rodney
Bought by
Raud Mihkel and Raud Liina
Seller's Agent
James Heaney
@properties Christie's International Real Estate
Buyer's Agent
Cheryl Mallard
Redfin Corporation
List Price
$250,000
Sold Price
$240,000
Premium/Discount to List
-$10,000
-4%
Current Estimated Value
$331,588

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,588
Avg. Annual Appreciation
6.22%
Original Mortgage
$192,000
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 15, 2011
Closed on
Feb 9, 2012
Sold by
Inglinski Brian
Bought by
Wiersma Rodney
Seller's Agent
Michelle Browne
@properties Christie's International Real Estate
Buyer's Agent
Michelle Browne
@properties Christie's International Real Estate
List Price
$125,000
Sold Price
$115,000
Premium/Discount to List
-$10,000
-8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.25%
Original Mortgage
$92,000
Interest Rate
3.87%
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
Raud Mihkel $240,000 Chicago Title
Wiersma Rodney $115,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Raud Mihkel $192,000
Previous Owner Wiersma Rodney $92,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/08/2020 06/08/20 Sold $240,000 -4.0% $171 / Sq Ft
04/25/2020 04/25/20 Pending -- -- --
03/24/2020 03/24/20 For Sale $250,000 0.0% $179 / Sq Ft
03/19/2020 03/19/20 Pending -- -- --
12/16/2019 12/16/19 For Sale $250,000 +4.2% $179 / Sq Ft
12/14/2019 12/14/19 Off Market $240,000 -- --
12/02/2019 12/02/19 For Sale $250,000 +117.4% $179 / Sq Ft
02/15/2012 02/15/12 Sold $115,000 -8.0% $82 / Sq Ft View Prior Sale
01/09/2012 01/09/12 Pending -- -- --
12/15/2011 12/15/11 For Sale $125,000 -- $89 / 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 $4,653 $27,320 $5,295 $22,025
2023 $4,498 $25,293 $4,270 $21,023
2022 $4,498 $25,293 $4,270 $21,023
2021 $5,086 $25,291 $4,269 $21,022
2020 $3,760 $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 $2,864 $15,434 $2,305 $13,129
2013 $2,807 $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: MRD10584311

Midwest Real Estate Data (MRED)

APN: 20-14-203-044-1009