NOT LISTED FOR SALE

1700 E 56th St, Unit 1609 Chicago, IL 60637

Hyde Park Neighborhood

Estimated Value: $272,877 - $338,000

2 Beds
2 Baths
1,250 Sq Ft
1.21 Acre Lot

Sale Details

Date Sold: August 12, 2022

Last sale price $212,000 $170 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $2,991 / mo

16 Days on Market

Highlights

  • Doorman
  • Fitness Center
  • Sundeck
  • Kenwood Academy High School Rated A-
  • Party Room
  • Elevator

About This Home

As of August 2022

Two bedroom with lovely south views to the museum, Jackson Park, the Obama Library site and the lake. Great high-rise building make trips downtown, enjoying the lakefront and getting to The University of Chicago so easy. 2 baths and garage parking! Garage and cable included in assessment. Come see today!

Last Agent to Sell the Property

Joanne Bullen

Ultimate Realty Group LLC License #471019144 Listed on: 04/27/2022

Last Buyer's Agent

Vernetta Jackson

RE/MAX Premier License #471022917

RE/MAX Premier

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,119

Year Built

  • Built in 1968

Lot Details

  • 1.21

HOA Fees

  • $1,026 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Heated Garage
  • Garage Transmitter
  • Parking Included in Price

Home Design

  • Concrete Block And Stucco Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,250 Sq Ft Home
  • Living Room
  • Dining Room
  • Storage

Kitchen

  • Double Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Utilities

  • 3+ Cooling Systems Mounted To A Wall/Window
  • Radiator
  • Lake Michigan Water
  • Cable TV Available

Community Details

Overview

  • Association fees include heat, air conditioning, water, gas, parking, insurance, doorman, tv/cable, exercise facilities, exterior maintenance, lawn care, scavenger, snow removal
  • 318 Units
  • Octavia Association, Phone Number (773) 324-1701
  • High-Rise Community
  • Property managed by Sudler
  • 40-Story Property

Amenities

  • Doorman
  • Sundeck
  • Party Room
  • Coin Laundry
  • Elevator
  • Service Elevator
  • Package Room
  • Community Storage Space

Recreation

  • Bike Trail

Pet Policy

  • Pets up to 30 lbs
  • Limit on the number of pets
  • Pet Size Limit
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,119

Year Built

Built in 1968

Lot Details

1.21 Acres

HOA Fees

$1,026 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,High Rise (7+ Stories)
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,High Rise (7+ Stories)
  • Year Built: 1968
  • Age: 51-60 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: 16
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 40

Interior Features

  • Appliances: Double Oven, Microwave, Dishwasher, Refrigerator
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Storage
  • LivingArea: 1250
  • Other Equipment: TV-Cable
  • Room Type: No additional rooms
  • Stories Total: 40
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Waterfront: No
  • Exterior Building Type: Concrete

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage Details: Transmitter(s),Heated
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Window/Wall Units - 3+
  • Heating: Radiator(s)
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit, Size Limit
  • Association Fee: 1026
  • Association Amenities: Bike Room/Bike Trails, Door Person, Coin Laundry, Elevator(s), Exercise Room, Storage, On Site Manager/Engineer, Party Room, Sundeck, Receiving Room, Service Elevator(s)
  • Association Fee Frequency: Monthly
  • Management: Manager On-site,Monday through Friday
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Sudler
  • Management Contact Name: Octavia
  • Management Phone: 773-324-1701
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Air Conditioning, Water, Gas, Parking, Insurance, Doorman, TV/Cable, Exercise Facilities, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 30

Tax Info

  • Tax Annual Amount: 3119.21
  • Tax Year: 2020
  • Tax Exemptions: None

Multi Family

  • Units in Building: 318

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2022
Closed on
Jul 23, 2022
Sold by
Bought by
Seller's Agent
Joanne Bullen
Ultimate Realty Group LLC
Buyer's Agent
Vernetta Jackson
RE/MAX Premier
List Price
$215,000
Sold Price
$212,000
Premium/Discount to List
-$3,000
-1.4%
Current Estimated Value
$299,469

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,469
Avg. Annual Appreciation
9.24%
Original Mortgage
$201,400
Outstanding Balance
$192,272
Interest Rate
5.5%
Mortgage Type
New Conventional
Estimated Equity
$107,197

Purchase Details

Closed on
Apr 23, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.06%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 29, 1994
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,100
Interest Rate
8.55%
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$212,000 None Listed On Document
$230,000 Stewart Title Guaranty Compa
$100,500 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $71,000
Closed $201,400
Closed $109,300
Closed $120,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/12/2022 08/12/22 Sold $212,000 -1.4% $170 / Sq Ft
05/14/2022 05/14/22 Pending -- -- --
04/27/2022 04/27/22 For Sale $215,000 -- $172 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $4,283 $22,159 $1,017 $21,142
2024 $4,283 $22,159 $1,017 $21,142
2023 $4,160 $20,227 $830 $19,397
2022 $4,160 $20,227 $830 $19,397
2021 $4,067 $20,225 $829 $19,396
2020 $3,119 $14,002 $656 $13,346
2019 $3,064 $15,251 $656 $14,595
2018 $3,013 $15,251 $656 $14,595
2017 $3,086 $14,337 $541 $13,796
2016 $2,872 $14,337 $541 $13,796
2015 $2,627 $14,337 $541 $13,796
2014 $2,709 $14,603 $441 $14,162
2013 $2,656 $14,603 $441 $14,162
Source: Public Records

Agents Affiliated with this Home

  • Joanne Bullen

    Seller's Agent in 2022

    Joanne Bullen

    Ultimate Realty Group LLC

    (773) 259-4692

    91 in this area

    124 Total Sales

    Joanne Bullen
    Section Image
  • Vernetta Jackson

    Buyer's Agent in 2022

    Vernetta Jackson

    RE/MAX

    (773) 396-9350

    15 in this area

    96 Total Sales

    Vernetta Jackson
    Section Image
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About This Building

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11386348

Midwest Real Estate Data (MRED)

APN: 20-13-102-029-1138

Illinois Cook County Chicago 60637 Hyde Park

1700 E 56th St Unit 1609, Chicago, IL

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) 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.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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