NOT LISTED FOR SALE

1655 E 55th St Unit 3 Chicago, IL 60615

Hyde Park Neighborhood

Estimated Value: $303,000 - $381,000

3 Beds
2 Baths
1,500 Sq Ft
$507/mo HOA Fee

Last Sold August 24, 2022

Last sale price $285,000 $190 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,867/month

35 Days on Market

Highlights

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

About This Home

As of August 2022

East Hyde Park 3 bed, 2 bath top floor vintage gem, which has been well-updated but maintains all of its original charm. The rare extra-wide floor plan provides an excellent open space for entertaining from the gas fireplace accented living room to the spacious formal dining room to the kitchen just beyond. Tall ceilings and gorgeous original millwork can be found throughout, including the dining room's ornate built-in hutch. In-unit laundry, refinished hardwood floors and restored radiators throughout. Choose between multiple outdoor spaces including the front balcony, rear enclosed porch or Promontory Point and the Lakefront Trail only a few blocks away. The association offers exterior parking on an equitable rotating system. Large storage locker included. Walk to the University of Chicago campus, the Metra Station, Trader Joe's, Whole Foods, the lakefront, a dog park, The Promontory and all Hyde Park shopping, dining & entertainment!

Last Agent to Sell the Property

Ashley Bell

@properties Christie's International Real Estate License #475165686 Listed on: 07/06/2022

@properties Christie's International Real Estate

Last Buyer's Agent

Stephen Northey

Compass License #475141378

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,803

Year Built

  • Built in 1912 | Remodeled in 2015

Lot Details

  • 0.39

HOA Fees

  • $507 Monthly HOA Fees

Interior Spaces

  • 1,500 Sq Ft Home
  • 3-Story Property
  • Built-In Features
  • Historic or Period Millwork
  • Gas Log Fireplace
  • Entrance Foyer
  • Living Room with Fireplace
  • Formal Dining Room
  • Screened Porch
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Full Bathrooms
  • Soaking Tub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

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

Outdoor Features

  • Balcony

Schools

  • Harte Elementary School
  • Kenwood Academy High School

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Radiator
  • Heating System Uses Steam

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include heat, water, insurance, exterior maintenance, scavenger, snow removal
  • 15 Units
  • Tawni Mounce Association, Phone Number (773) 913-2569
  • Property managed by Connected Property Management

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site
  • Storm Screens

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,803

Year Built

Built in 1912 | Remodeled in 2015

Lot Details

0

HOA Fees

$507 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 1912
  • 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): Yes
  • Unit Floor Level: 3
  • Rehab Year: 2015
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Renovated: 2015

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit, Built-in Features, Historic/Period Mlwk
  • LivingArea: 1500
  • Room Type: Foyer, Screened Porch, Balcony/Porch/Lanai
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Balcony, Porch Screened, Storms/Screens
  • List Price: 310000
  • Waterfront: No
  • Exterior Building Type: Brick,Limestone

Garage/Parking

  • Parking Features: Assigned, Off Alley
  • ParkingTotal: 1
  • Number of Cars: 1
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Fee/Leased
  • Parking Fee/Lease $: 50

Utilities

  • Sewer: Public Sewer
  • Cooling: Window/Wall Unit - 1, None
  • Heating: Steam, Radiator(s)
  • Laundry Features: Laundry Closet
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 507
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Connected Property Management
  • Management Contact Name: Tawni Mounce
  • Management Phone: 773-913-2569
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Elementary School: Harte Elementary School
  • High School: Kenwood Academy High School
  • Middle/Junior School: Harte Elementary School
  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 2803.45
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2022
Closed on
Aug 24, 2022
Sold by
Morgan Brittany
Bought by
Merkel Chris
Seller's Agent
Ashley Bell
@properties Christie's International Real Estate
Buyer's Agent
Stephen Northey
Compass
List Price
$310,000
Sold Price
$285,000
Premium/Discount to List
-$25,000
-8.06%
Views
4
Current Estimated Value
$336,740

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,740
Avg. Annual Appreciation
6.55%
Original Mortgage
$171,000
Outstanding Balance
$165,255
Interest Rate
5.75%
Mortgage Type
New Conventional
Estimated Equity
$178,379

Purchase Details

Listed on
Jul 29, 2020
Closed on
Aug 22, 2020
Sold by
Parrott Sheffer Adam and Parrott Sheffer Chelsey
Bought by
Morgan Brittany
Seller's Agent
Susan O'Connor
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Ashley Bell
@properties Christie's International Real Estate
List Price
$299,000
Sold Price
$285,000
Premium/Discount to List
-$14,000
-4.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.00%
Original Mortgage
$256,500
Interest Rate
2.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 15, 2008
Sold by
Leiker Christopher T and Leiker Holly Bellinger
Bought by
Parrott Sheffer Adam and Parrott Sheffer Chelsey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 7, 2002
Sold by
Serrano Homer Paul
Bought by
Leiker Christopher T and Leiker Holly Bollinger

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,230
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 12, 2001
Sold by
Garcia Pamala J
Bought by
Serrano Homer Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,990
Interest Rate
8%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Merkel Chris $285,000 Chicago Title
Morgan Brittany $285,000 Chicago Title
Parrott Sheffer Adam $260,000 Pntn
Leiker Christopher T $141,000 Multiple
Serrano Homer Paul $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Merkel Christopher $171,000
Previous Owner Morgan Brittany $256,500
Previous Owner Parrott Sheffer Adam $200,000
Previous Owner Parrott Sheffer Adam $208,000
Previous Owner Leiker Christopher T $145,230
Previous Owner Serrano Homer Paul $65,000
Previous Owner Serrano Homer Paul $85,990
Previous Owner Garcia Pamala $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2022 08/24/22 Sold $285,000 -8.1% $190 / Sq Ft
08/11/2022 08/11/22 Pending -- -- --
07/06/2022 07/06/22 For Sale $310,000 +8.8% $207 / Sq Ft
09/02/2020 09/02/20 Sold $285,000 -4.7% $190 / Sq Ft
08/05/2020 08/05/20 Pending -- -- --
07/29/2020 07/29/20 For Sale $299,000 -- $199 / 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 $5,998 $29,265 $6,300 $22,965
2023 $5,826 $28,328 $5,081 $23,247
2022 $5,826 $28,328 $5,081 $23,247
2021 $5,696 $28,326 $5,080 $23,246
2020 $2,803 $15,687 $4,064 $11,623
2019 $2,743 $17,084 $4,064 $13,020
2018 $2,696 $17,084 $4,064 $13,020
2017 $2,877 $16,742 $3,353 $13,389
2016 $2,853 $16,742 $3,353 $13,389
2015 $2,587 $16,742 $3,353 $13,389
2014 $2,664 $16,928 $2,743 $14,185
2013 $2,601 $16,928 $2,743 $14,185
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11455515

Midwest Real Estate Data (MRED)

APN: 20-13-101-022-1015