$475,000
OPEN FRI 5:30PM - 7PM

1550 W Cornelia Ave Unit 403 Chicago, IL 60657

Southport Corridor Neighborhood

Estimated payment $3,508/month

Total Views 1,227
2 Beds
2 Baths
1,175 Sq Ft
$404 Price per Sq Ft

Highlights

  • Deck
  • 5-minute walk to Paulina Station
  • Stainless Steel Appliances
  • Hamilton Elementary School Rated A-
  • Wood Flooring
  • 5-minute walk to Sheil Park

About This Home

This beautifully maintained condo features an open layout and abundant natural light from expansive floor-to-ceiling windows. The modern kitchen boasts sleek dark Italian cabinetry, granite countertops, stainless steel appliances, and a convenient breakfast bar. Gorgeous hardwood floors flow throughout the space. Enjoy the convenience of in-unit laundry and unwind on your private balcony just off the spacious living room. This unit also includes one heated garage space with additional storage, with the elevator located on the same level as parking for easy access. Situated within walking distance to the Brown Line, trendy restaurants, bars, and specialty shops, this condo is perfect for either owner-occupiers or as an investment. Don't miss out on this must-see gem in the heart of Lakeview! Reserves are around 90k. Owner occupancy is around 90%. 30 day minimum lease. Very investor friendly. Age of all appliances: Microwave, fridge, dishwasher & stove 2023; washer & dryer 2018. AC is 2022; central water heater for the entire building was replaced this year; New hardwood floors in 2018 and new backsplash in 2024.

Listing Agent

Alexandre Stoykov

Compass License #471003645 Listed on: 09/02/2025

Compass

Co-Listing Agent

Julian Levit

Compass License #475190205

Open House Schedule

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,807

Year Built

  • Built in 2007

HOA Fees

  • $373 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,175 Sq Ft Home
  • Family Room
  • Living Room
  • Dining Room
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms
  • Dual Sinks

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Deck
  • Additional Parcels

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 22 Units
  • Mid-Rise Condominium
  • Property managed by MGMT
  • 5-Story Property

Pet Policy

  • Limit on the number of pets

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,807

Year Built

Built in 2007

Lot Details

0

HOA Fees

$373 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Mid Rise (4-6 Stories)
  • Ownership: Condo
  • EntryLevel: 4
  • New Construction: No
  • Property Sub-Type: Mid Rise (4-6 Stories)
  • Year Built: 2007
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Special Features: 4097
  • Property Sub Type: Condos
  • Stories: 5

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Hardwood
  • Interior Amenities: Elevator
  • LivingArea: 1175
  • Room Type: No additional rooms
  • Stories Total: 5
  • Estimated Total Finished Sq Ft: 1175
  • Bathroom Amenities: Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 1175
  • Total Sq Ft: 1175
  • Main Level Sq Ft: 1175
  • Flooring: Hardwood

Exterior Features

  • Construction Materials: Brick, Glass
  • List Price: 475000
  • Patio And Porch Features: Deck
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Garage Door Opener, Heated Garage, On Site, Garage Owned, Attached, Garage
  • ParkingTotal: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: Washer Hookup, In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Number Limit
  • Association Fee: 373
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: MGMT
  • Management Contact Name: Owner
  • Management Phone: 111-111-1111

Fee Information

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

Schools

  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels Description: 14203000301023
  • Additional Parcels: Yes
  • Lot Dimensions: CONDO
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 6807.12
  • Tax Year: 2023
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 22

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $6,480 $32,867 $6,933 $25,934
2023 $6,291 $33,176 $5,591 $27,585
2022 $6,291 $33,176 $5,591 $27,585
2021 $6,166 $33,175 $5,591 $27,584
2020 $6,871 $30,032 $2,385 $27,647
2019 $6,763 $32,727 $2,385 $30,342
2018 $5,952 $32,727 $2,385 $30,342
2017 $5,190 $26,796 $2,087 $24,709
2016 $5,018 $26,796 $2,087 $24,709
2015 $4,577 $26,796 $2,087 $24,709
2014 $3,983 $23,293 $1,351 $21,942
2013 $3,896 $23,293 $1,351 $21,942
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/02/2025 09/02/25 Price Changed $475,000 0.0% $404 / Sq Ft
09/02/2025 09/02/25 For Sale $475,000 +15.9% $404 / Sq Ft
08/01/2018 08/01/18 Sold $410,000 -2.0% $349 / Sq Ft
06/20/2018 06/20/18 Pending -- -- --
05/17/2018 05/17/18 For Sale $418,500 -- $356 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $410,000 Attorney
Warranty Deed $365,000 First American Title Ins Co
Special Warranty Deed $360,000 Multiple
Special Warranty Deed $360,000 Multiple
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $389,500 New Conventional
Previous Owner $54,000 Unknown
Previous Owner $288,000 Purchase Money Mortgage
Source: Public Records

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Source: Midwest Real Estate Data (MRED)

MLS Number: 12182539

Midwest Real Estate Data (MRED)

APN: 14-20-300-030-1015