NOT LISTED FOR SALE

1501 E 56th St Unit 15012 Chicago, IL 60637

Hyde Park Neighborhood

Estimated Value: $886,639 - $1,106,000

5 Beds
3 Baths
2,700 Sq Ft
$378/Sq Ft Est. Value

Last Sold July 20, 2018

Last sale price $812,500 $301 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $6,623/month

11 Days on Market

Highlights

  • Recreation Room
  • 4-minute walk to 55Th-56Th-57Th Street Station
  • Main Floor Bedroom
  • Kenwood Academy High School Rated A-
  • Wood Flooring
  • End Unit

About This Home

As of July 2018

A unique property in Hyde Park. I.M. Pei townhouse, with 5 bedrooms, 2.5 baths and a two car garage. Move-in condition, with renovated baths, and stunning finished lower level family room. A third full bath can be installed in the lower level, all plumbing already in place. Back yard and side yard, extra parking on the private drive. The house faces south and is bright throughout the day thanks to the skylight and large windows. Location close to schools, transportation and the lake makes commuting to downtown easy, but it is also walking distance to both Lab Schools and the University of Chicago. Check it out quickly before it is gone!

Last Agent to Sell the Property

Jessie Pinkham

Ultimate Realty Group LLC License #471002587 Listed on: 04/06/2018

Last Buyer's Agent

Joanne Bullen

Ultimate Realty Group LLC License #471019144

Property Details

Home Type

  • Multi-Family

Year Built

  • 1956

Lot Details

  • End Unit
  • Southern Exposure
  • East or West Exposure
  • Fenced Yard
  • Corner Lot

Parking

  • Detached Garage
  • Parking Available
  • Garage Door Opener
  • Off Alley Parking
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Property Attached
  • Brick Exterior Construction

Interior Spaces

  • Skylights
  • Entrance Foyer
  • Recreation Room
  • Storage
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Storm Screens

Kitchen

  • Galley Kitchen
  • Double Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Dual Sinks

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Additional Features

  • North or South Exposure
  • Patio
  • Property is near bus stop

Community Details

  • Pets Allowed

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Multi-Family

Year Built

1956

Lot Details

4,792 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus, Commuter Train
  • Unit Floor Level: 1
  • Age: 61-70 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2.1
  • Total Sq Ft: 1996
  • Unfinished Basement Sq Ft: 294
  • Estimated Year Built: 1956
  • Tax Exemptions: Homeowner
  • Type Attached: Townhouse-2 Story
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1956

Interior Features

  • Interior Property Features: Skylight(s), Hardwood Floors, 1st Floor Bedroom, Laundry Hook-Up in Unit, Storage
  • Number Of Rooms: 10
  • Living Room: Dimensions: 23X15, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Appliances: Oven-Double, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Cooktop
  • Equipment: Security System, CO Detectors, Sump Pump
  • Basement: Full
  • Basement: Finished
  • Bedrooms All Levels: 5
  • Bathroom Amenities: Double Sink
  • Above Grade Bedrooms: 5
  • Laundry: Dimensions: 22X9, On Level: Walkout Basement
  • Dining Room: Dimensions: 14X8, On Level: Main Level, Flooring: Hardwood, Windows: Plantation Shutters
  • Kitchen Type: Dimensions: 10X18, On Level: Main Level, Flooring: Ceramic Tile, Windows: Plantation Shutters
  • Kitchen Type: Galley
  • Additional Rooms: 5th Bedroom, Foyer, Recreation Room
  • Master Bedroom: Dimensions: 14X12, On Level: 2nd Level, Flooring: Hardwood, Windows: Blinds
  • Additional Room 1 Name: 5th Bdrm, Dimensions: 11X9, On Level: Main Level, Flooring: Hardwood, Windows: Plantation Shutters
  • Additional Room 2 Name: Foyer, Dimensions: 3X18, On Level: Main Level, Flooring: Ceramic Tile
  • Bedroom 2: Dimensions: 13X11, On Level: 2nd Level, Flooring: Hardwood, Windows: Blinds
  • Additional Room 3 Name: Recreation Rm, Dimensions: 13X11, On Level: Walkout Basement, Flooring: Other
  • Bedroom 3: Dimensions: 12X12, On Level: 2nd Level, Flooring: Hardwood, Windows: Blinds
  • Bedroom 4: Dimensions: 11X10, On Level: 2nd Level, Flooring: Hardwood, Windows: Blinds
  • Estimated Sq Ft: 2700
  • Estimated Total Finished Sq Ft: 2700
  • Basement Sq Ft: 998
  • Basement Finished Sq Ft: 704
  • Main Level Sq Ft: 998
  • Upper Level Sq Ft: 998
  • Dining Room Type: Combined w/ LivRm
  • Family Room: Dimensions: 22X15, On Level: Walkout Basement, Flooring: Other, Windows: None

Exterior Features

  • Exterior Building Type: Brick
  • Exterior Property Features: Patio, Storms/Screens, End Unit
  • Exposure: N (North), S (South), W (West)

Garage/Parking

  • Number of Cars: 3
  • Parking: Garage, Space/s
  • Parking Details: Off Alley
  • Number Parking Spaces: 1
  • Parking On Site: Yes
  • Garage Type: Detached
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Max Pet Weight: 999
  • Pets Allowed: Yes
  • Pet Information: Cats OK, Dogs OK

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: 4768 SQFT
  • Lot Description: Corner, Fenced Yard
  • Parcel Identification Number: 20142120240000

Multi Family

  • Total Number Unitsin Building: 1
  • Number Stories: 2

Tax Info

  • Taxes: 9318.02

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2018
Closed on
Jul 18, 2018
Sold by
Tsai Chien Andrew Andai and Tsai Chien Ellen Yulin
Bought by
Malik Tanu and Chaudhary Amitabh
Seller's Agent
Jessie Pinkham
Ultimate Realty Group LLC
Buyer's Agent
Joanne Bullen
Ultimate Realty Group LLC
List Price
$837,375
Sold Price
$812,500
Premium/Discount to List
-$24,875
-2.97%
Current Estimated Value
$1,021,910

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$209,410
Avg. Annual Appreciation
3.03%
Original Mortgage
$609,375
Outstanding Balance
$516,919
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$504,991

Purchase Details

Closed on
Sep 22, 2015
Sold by
Parker Jamilah Z
Bought by
Franklin Jumilah Z

Purchase Details

Closed on
Jun 21, 2011
Sold by
Stewart Gloria M
Bought by
Tsai Chien Andrew Andai and Tsai Chien Ellen Yutin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 1, 2002
Sold by
Waits Katara
Bought by
Fifth Third Bank and Trust #17032

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
6.87%

Purchase Details

Closed on
Dec 12, 2001
Sold by
Midamerica Bank Fsb
Bought by
Parker Jamilah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
6.87%

Purchase Details

Closed on
Sep 20, 2001
Sold by
Mid Town Bank & Trust Company Of Chicago
Bought by
Waits Katara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
6.88%

Purchase Details

Closed on
Jul 15, 1999
Sold by
Williams Lois T and Turner Lois M
Bought by
Williams Lois T and Lois T Williams Revocable Trust

Purchase Details

Closed on
May 16, 1996
Sold by
Williams Lois T and Turner Lois M
Bought by
Williams Lois T and Lois T Williams Revocable Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Malik Tanu $812,500 Attorney
Franklin Jumilah Z -- Attorney
Tsai Chien Andrew Andai $540,000 Chicago Title Insurance Co
Fifth Third Bank -- --
Parker Jamilah $145,000 --
Waits Katara $120,000 --
Williams Lois T -- --
Williams Lois T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Malik Tanu $609,375
Previous Owner Tsai Chien Andrew Andai $417,000
Previous Owner Parker Jamilah $135,000
Previous Owner Waits Katara $96,000
Closed Waits Katara $23,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/20/2018 07/20/18 Sold $812,500 -3.0% $301 / Sq Ft
04/17/2018 04/17/18 Pending -- -- --
04/06/2018 04/06/18 For Sale $837,375 -- $310 / 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 $15,669 $82,000 $29,562 $52,438
2024 $15,669 $82,000 $29,562 $52,438
2023 $15,221 $74,000 $23,840 $50,160
2022 $15,221 $74,000 $23,840 $50,160
2021 $14,881 $74,000 $23,840 $50,160
2020 $12,306 $55,241 $19,072 $36,169
2019 $12,064 $60,045 $19,072 $40,973
2018 $11,182 $60,045 $19,072 $40,973
2017 $9,826 $49,020 $15,734 $33,286
2016 $9,318 $49,020 $15,734 $33,286
2015 $8,502 $49,020 $15,734 $33,286
2014 $8,005 $45,715 $12,873 $32,842
2013 $7,836 $45,715 $12,873 $32,842
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09908110

Midwest Real Estate Data (MRED)

APN: 20-14-212-024-0000

Your Personal Tour Guide

Ask me questions while you tour the home.