NOT LISTED FOR SALE

1480 E 56th St Chicago, IL 60637

Hyde Park Neighborhood

Estimated Value: $351,000 - $909,000

4 Beds
2.5 Baths
1,600 Sq Ft
$419/Sq Ft Est. Value

Last Sold August 14, 2014

Last sale price $525,000 $328 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $4,569/month

4 Days on Market

Highlights

  • Wood Flooring
  • 5-minute walk to 55Th-56Th-57Th Street Station
  • Formal Dining Room
  • Kenwood Academy High School Rated A-
  • Main Floor Bedroom
  • Fenced Yard

About This Home

As of August 2014

Beautifully preserved three story town house (E-1) near UofC campus, commuter train and bus routes. One owner. Many original features but with numerous updates like newer thermal pane windows, floor tile, central A/C, newer boiler, and hot water. Perfectly maintained home.

Last Agent to Sell the Property

Thomas Chesrown

Ultimate Realty Group LLC License #475133158 Listed on: 06/21/2014

Last Buyer's Agent

Stephen Parker

MetroPro Realty LLC License #475136879

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,550

Year Built

  • Built in 1958

Lot Details

  • Lot Dimensions are 81'x20'
  • Fenced Yard

HOA Fees

  • $117 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,600 Sq Ft Home
  • 3-Story Property
  • Skylights
  • Family Room
  • Living Room
  • Formal Dining Room
  • Wood Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Main Floor Bedroom

Laundry

  • Laundry Room
  • Laundry on main level

Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Home Security

Parking

  • 1 Parking Space
  • Uncovered Parking
  • Off-Street Parking
  • Parking Included in Price
  • Assigned Parking

Outdoor Features

  • Balcony
  • Patio

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include parking, insurance, snow removal
  • None Given Association

Pet Policy

  • Dogs and Cats Allowed

Security

  • Storm Screens

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,550

Year Built

Built in 1958

Lot Details

1,655 Sq Ft Lot

HOA Fees

$117 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: T3-Townhouse 3+ Stories
  • Ownership: Fee Simple w/ HO Assn.
  • New Construction: No
  • Property Sub-Type: T3-Townhouse 3+ Stories
  • Year Built: 1958
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 3

Interior Features

  • Basement: Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Interior Amenities: Skylight(s), Hardwood Floors, First Floor Bedroom, First Floor Laundry
  • LivingArea: 1600
  • Room Type: No additional rooms
  • Stories Total: 3
  • Basement Description: Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate

Exterior Features

  • ExteriorFeatures: Balcony, Patio, Storms/Screens
  • Lot Features: Fenced Yard
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Assigned, Off Street
  • ParkingTotal: 1
  • Number of Cars: 1
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 1400
  • Association Fee Frequency: Annually
  • Master Association Fee: No
  • Management Company: None
  • Management Contact Name: None given
  • Management Phone: 000-000-0000X00000
  • ResoAssociationFeeFrequency: Annually

Fee Information

  • Association Fee Includes: Parking, Insurance, Snow Removal

Lot Info

  • Lot Dimensions: 81'X20'
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 6550.46
  • Tax Year: 2012
  • Tax Exemptions: Homeowner,Senior

Multi Family

  • Units in Building: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2014
Closed on
Aug 12, 2014
Sold by
Frank Joseph Daniel
Bought by
Son Jaesok and Son Jiyoung
Seller's Agent
Thomas Chesrown
Ultimate Realty Group LLC
Buyer's Agent
Stephen Parker
MetroPro Realty LLC
List Price
$525,000
Sold Price
$525,000
Current Estimated Value
$670,148

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,148
Avg. Annual Appreciation
2.13%
Original Mortgage
$417,000
Outstanding Balance
$312,245
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$357,903

Purchase Details

Closed on
Sep 25, 2006
Sold by
Frank Iris W
Bought by
Frank Iris W and The Iris W Frank Revocable Trust Of 2006

Purchase Details

Closed on
May 17, 2006
Sold by
Chicago Title Land Trust Co
Bought by
Frank Iris W
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Son Jaesok $525,000 Sa
Frank Iris W -- Chicago Title Insurance Co
Frank Iris W -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Son Jaesok $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/14/2014 08/14/14 Sold $525,000 0.0% $328 / Sq Ft
06/25/2014 06/25/14 Pending -- -- --
06/21/2014 06/21/14 For Sale $525,000 -- $328 / Sq Ft
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 $11,579 $54,906 $10,211 $44,695
2024 $11,579 $54,906 $10,211 $44,695
2023 $11,226 $58,000 $8,235 $49,765
2022 $11,226 $58,000 $8,235 $49,765
2021 $10,994 $58,000 $8,235 $49,765
2020 $10,504 $47,152 $6,588 $40,564
2019 $10,297 $51,253 $6,588 $44,665
2018 $10,124 $51,253 $6,588 $44,665
2017 $10,019 $46,540 $5,435 $41,105
2016 $9,321 $46,540 $5,435 $41,105
2015 $8,528 $46,540 $5,435 $41,105
2014 $7,566 $40,781 $4,446 $36,335
2013 $6,597 $40,781 $4,446 $36,335
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2014

    Thomas Chesrown

    Ultimate Realty Group LLC

  • S

    Buyer's Agent in 2014

    Stephen Parker

    MetroPro Realty LLC

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08695411

Midwest Real Estate Data (MRED)

APN: 20-14-204-093-0000

Illinois Cook County Chicago 60637 Hyde Park

1480 E 56th St, Chicago, IL

Not Listed for Sale

Townhouses

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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