NOT LISTED FOR SALE

1408 E 56th St Unit 1 Chicago, IL 60637

Hyde Park Neighborhood

Estimated Value: $239,996 - $263,000

2 Beds
1 Bath
1,100 Sq Ft
$439/mo HOA Fee

Last Sold May 31, 2023

Last sale price $219,900 $200 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,061/month

2 Days on Market

Highlights

  • Lock-and-Leave Community
  • Wood Flooring
  • Living Room
  • Kenwood Academy High School Rated A-
  • Main Floor Bedroom
  • 4-minute walk to Bixler Park

About This Home

As of May 2023

Impeccably maintained 2 bed 1 bath main floor condo in the heart of Hyde Park. So much to offer. Hardwood floors throughout. Kitchen has plenty of cabinet space for all your cooking needs, with room for a small table. Very large living room with tons of natural light great for relaxing or entertaining. 2nd bedroom off next to the kitchen big enough to also be a den or office if working remote. Lots of closet space. Huge deck in the rear of the building. Storage area has full washer and dryer that belong to this unit. Most importantly, walking distance to U of C, Lab School, Metra, shopping, entertainment, and so much more.

Last Agent to Sell the Property

Mark Rantis

Keller Williams Success Realty License #475134703 Listed on: 04/28/2023

Keller Williams Success Realty

Last Buyer's Agent

Jeanne Spurlock

Compass License #471008851

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,059

Year Built

  • Built in 1901

Lot Details

  • 0.36

HOA Fees

  • $439 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,100 Sq Ft Home
  • 3-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Wood Flooring

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Utilities

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

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Community Details

Overview

  • Association fees include heat, water, gas, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 18 Units
  • Monica Fritz Association, Phone Number (815) 469-3800
  • Low-Rise Condominium
  • Property managed by ALPS Group
  • Lock-and-Leave Community

Amenities

  • Coin Laundry

Recreation

  • Bike Trail

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,059

Year Built

Built in 1901

Lot Details

0

HOA Fees

$439 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: 1901
  • Age: 100+ 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: 1
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Appliances: Range, Microwave, Refrigerator
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Hardwood Floors, First Floor Bedroom, Laundry Hook-Up in Unit
  • LivingArea: 1100
  • Room Type: No additional rooms
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Flooring: Hardwood
  • ResoLivingAreaSource: Estimated

Exterior Features

  • List Price: 219900
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Cooling: Window/Wall Unit - 1
  • Heating: Steam
  • Laundry Features: In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 439
  • Association Amenities: Bike Room/Bike Trails, Coin Laundry, Security Door Lock(s)
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site,Monday through Friday
  • Master Association Fee Frequency: Not Required
  • Management Company: ALPS Group
  • Management Contact Name: Monica Fritz
  • Management Phone: 815-469-3800
  • 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

  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 1059.06
  • Tax Year: 2021
  • Tax Exemptions: Homeowner,Senior,Senior Freeze

Multi Family

  • Units in Building: 18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2023
Closed on
May 30, 2023
Sold by
Carr Karen
Bought by
Vale Nolan R and Vale Nicholas M
Seller's Agent
Mark Rantis
Keller Williams Success Realty
Buyer's Agent
Jeanne Spurlock
Compass
List Price
$219,900
Sold Price
$219,900
Views
30
Current Estimated Value
$249,999

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,099
Avg. Annual Appreciation
4.55%
Original Mortgage
$175,920
Outstanding Balance
$172,627
Interest Rate
7.13%
Mortgage Type
New Conventional
Estimated Equity
$70,665
Source: Public Records

Range of Values:

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Average Value
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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
Vale Nolan R $220,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vale Nolan R $175,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2023 05/31/23 Sold $219,900 0.0% $200 / Sq Ft
05/01/2023 05/01/23 Pending -- -- --
04/28/2023 04/28/23 For Sale $219,900 -- $200 / 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 $3,246 $23,004 $4,458 $18,546
2023 $3,114 $21,297 $3,595 $17,702
2022 $3,114 $21,297 $3,595 $17,702
2021 $1,059 $21,296 $3,595 $17,701
2020 $1,093 $16,826 $2,876 $13,950
2019 $1,090 $18,324 $2,876 $15,448
2018 $1,073 $18,324 $2,876 $15,448
2017 $1,149 $19,556 $2,372 $17,184
2016 $1,559 $19,556 $2,372 $17,184
2015 $1,498 $19,556 $2,372 $17,184
2014 $1,485 $12,996 $1,941 $11,055
2013 $1,490 $12,996 $1,941 $11,055
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11731798

Midwest Real Estate Data (MRED)

APN: 20-14-203-044-1010