NOT LISTED FOR SALE

1653 E 55th St Unit 2 Chicago, IL 60615

Hyde Park Neighborhood

Estimated Value: $320,853 - $337,000

2 Beds
2 Baths
1,500 Sq Ft
$218/Sq Ft Est. Value

Last Sold July 31, 2023

Last sale price $300,000 $200 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,160/month

Highlights

  • Wood Flooring
  • Den
  • Porch
  • Kenwood Academy High School Rated A-
  • Formal Dining Room
  • 1-minute walk to Cornell Park

About This Home

As of October 2024

This gorgeous vintage unit has seen tons of updates since 2023! From the moment you enter and see the beautiful marble stairs and mahogany trim in the building's entryway, you know something special awaits. The spacious foyer in the unit leads to an oversized living room with built-in shelves. The dining room is a true gem, featuring an original buffet, which has recently been restored to its original wood finishes, spans the length of the room, and is topped by a stunning stained glass window. Beamed ceilings and a plate rail add to the room's historic charm. The kitchen has been updated with new wood cabinets, quartz backsplash, and countertops, and it opens to the dining room with a pass-through/breakfast bar. You will find refinished oak hardwood floors run throughout the home. The walls were sanded and repainted for a clean and modern finish. Recent updates include a new washer, dryer, dishwasher, new windows, and a riser project was recently completed. In the basement you will find another washer and dryer designated specifically for unit 2. Enjoy a covered and screened porch just off the kitchen. Just steps from the lake, parks, shopping, the Museum of Science and Industry, and public transportation, with easy access to the University of Chicago schools and hospitals.

Last Agent to Rent the Property

Michael Horwitz

Cross Street Real Estate License #471019951 Listed on: 10/04/2024

Cross Street Real Estate

Co-Listed By

Emma Alhalel

Cross Street Real Estate License #475198829

Last Renter's Agent

Neal Steeno

@properties Christie's International Real Estate License #475201354

@properties Christie's International Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1908

Lot Details

  • 0.39

Home Design

  • Property Attached
  • Brick Exterior Construction

Interior Spaces

  • 1,500 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Decorative Fireplace
  • Entrance Foyer
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Den
  • Storage
  • Wood Flooring

Kitchen

  • Range
  • Portable Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Intercom
  • Storm Screens

Parking

  • 1 Parking Space
  • Leased Parking
  • Uncovered Parking
  • Off Alley Parking
  • Assigned Parking

Outdoor Features

  • Porch

Schools

  • Harte Elementary School
  • Canter Middle School
  • Kenwood Academy High School

Utilities

  • 3+ Cooling Systems Mounted To A Wall/Window
  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Lake Michigan Water
  • Cable TV Available

Listing and Financial Details

  • Property Available on 10/4/24
  • Rent includes heat, water, scavenger, exterior maintenance, lawn care, snow removal

Community Details

Overview

  • 15 Units
  • Samantha Stratas Association, Phone Number (888) 633-8276
  • Property managed by Connected Property Management

Amenities

  • Community Storage Space

Recreation

  • Bike Trail

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Multi-Family

Year Built

Built in 1908

Lot Details

0.39 Acres

Rental Info

  • Available Date: 2024-10-04
  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Type of Rental Property: Attached
  • Rental Price: 2700
  • Is Parking Included in Price: No
  • Max Pet Weight: 0

Listing Details

  • Property Type: Residential Lease
  • Property Type: Residential Lease
  • Property Sub-Type: Attached
  • Year Built: 1908
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 2
  • Actual Status: Rented
  • ResoPropertyType: ResidentialLease
  • SomePhotosVirtuallyStaged: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Appliances: Range, Portable Dishwasher, Refrigerator, Washer, Dryer
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Decorative
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Storage
  • LivingArea: 1500
  • Other Equipment: TV-Cable, Intercom, Ceiling Fan(s)
  • Room Type: Den, Foyer
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Flooring: Hardwood
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Porch, Storms/Screens
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Assigned, Off Alley
  • ParkingTotal: 1
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Fee/Leased

Utilities

  • Sewer: Public Sewer
  • Cooling: Window/Wall Units - 3+
  • Heating: Natural Gas, Steam
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Amenities: Bike Room/Bike Trails, Storage
  • Rent Includes: Heat, Water, Scavenger, Exterior Maintenance, Lawn Care, Snow Removal
  • Management: Manager Off-site,Monday through Friday
  • Management Company: Connected Property Management
  • Management Contact Name: Samantha Stratas
  • Management Phone: 888-633-8276X613

Schools

  • Elementary School: Harte Elementary School
  • High School: Kenwood Academy High School
  • Middle/Junior School: Canter Middle School

Lot Info

  • Lot Dimensions: COMMON

Multi Family

  • Units in Building: 15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2023
Closed on
Jul 24, 2023
Sold by
Long Elisabeth M
Bought by
Ost Ivan Frederick
Seller's Agent
Linda Lee Tuggle
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Michael Horwitz
Cross Street Real Estate
List Price
$299,000
Sold Price
$300,000
Premium/Discount to List
$1,000
0.33%
Views
42
Current Estimated Value
$327,713

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,713
Avg. Annual Appreciation
3.40%
Original Mortgage
$215,000
Outstanding Balance
$209,582
Interest Rate
7.13%
Mortgage Type
New Conventional
Estimated Equity
$118,131

Purchase Details

Closed on
Apr 29, 2002
Sold by
Hannah John F and Hannah Anna M
Bought by
Long Elisabeth M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,600
Interest Rate
7.24%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 15, 1999
Sold by
Hannah John E
Bought by
Hannah John F and Hannah Anna M
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
Ost Ivan Frederick $300,000 Fidelity National Title
Long Elisabeth M $167,500 --
Hannah John F -- Lawyers Title Insurance Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ost Ivan Frederick $215,000
Previous Owner Long Elisabeth M $125,600
Closed Long Elisabeth M $25,125
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/28/2024 10/28/24 Rented $2,700 0.0% --
10/14/2024 10/14/24 Price Changed $2,700 -3.6% $2 / Sq Ft
10/04/2024 10/04/24 For Rent $2,800 0.0% --
07/31/2023 07/31/23 Sold $300,000 +0.3% $200 / Sq Ft View Prior Sale
07/01/2023 07/01/23 Pending -- -- --
06/29/2023 06/29/23 For Sale $299,000 -- $199 / 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 $5,458 $30,004 $6,459 $23,545
2024 $5,458 $30,004 $6,459 $23,545
2023 $5,280 $29,091 $5,209 $23,882
2022 $5,280 $29,091 $5,209 $23,882
2021 $5,180 $29,090 $5,209 $23,881
2020 $2,892 $16,084 $4,167 $11,917
2019 $2,830 $17,515 $4,167 $13,348
2018 $2,781 $17,515 $4,167 $13,348
2017 $2,968 $17,164 $3,437 $13,727
2016 $2,938 $17,164 $3,437 $13,727
2015 $2,665 $17,164 $3,437 $13,727
2014 $2,743 $17,355 $2,812 $14,543
2013 $2,678 $17,355 $2,812 $14,543
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12180966

Midwest Real Estate Data (MRED)

APN: 20-13-101-022-1011

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