Seller's Agent in 2023
Elijah Reese
Serene Realty, Inc.
(312) 848-2947
9 in this area
154 Total Sales
1700 E 56th St, Unit 2805 Chicago, IL 60637
Hyde Park NeighborhoodEstimated Value: $184,317 - $225,000
1
Bed
1
Bath
--
Sq Ft
$912/mo
HOA Fee
Highlights
- Doorman
- Fitness Center
- Sundeck
- Kenwood Academy High School Rated A-
- Party Room
- Elevator
About This Home
As of April 2023Waking up to stunning, breathtaking panoramic views of downtown Chicago and Lake Michigan from a 28th floor perspective! An absolute must see! This spacious one bedroom one bath is awaiting your arrival. Bathroom was just recently updated! This luxury full service building-including party room, fitness center, bike room, receiving room is in the heart of thriving Woodlawn/Hyde Park area. Close to transportation, shopping, U of C, Museum and beaches. This unit in this building will not last long! Schedule your private showing today!
Last Agent to Sell the Property
Serene Realty, Inc. License #471019825 Listed on: 02/18/2023
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,007
Year Built
- Built in 1968
Lot Details
- 1.21
HOA Fees
- $912 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Heated Garage
- Garage Door Opener
- Parking Included in Price
Home Design
- Concrete Block And Stucco Construction
Interior Spaces
- Combination Dining and Living Room
Kitchen
- Range
- Dishwasher
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Potential Bedroom
- 1 Full Bathroom
Utilities
- Two Cooling Systems Mounted To A Wall/Window
- Heating Available
- Lake Michigan Water
Community Details
Overview
- Association fees include heat, air conditioning, water, parking, insurance, doorman, tv/cable, exterior maintenance, lawn care, scavenger, snow removal
- 369 Units
- Octavia Association, Phone Number (773) 324-1701
- High-Rise Condominium
- Property managed by Sudler Property Management
- 38-Story Property
Amenities
- Doorman
- Sundeck
- Party Room
- Coin Laundry
- Elevator
- Service Elevator
- Community Storage Space
Recreation
- Bike Trail
Pet Policy
- Pets up to 99 lbs
- Dogs and Cats Allowed
Security
- Resident Manager or Management On Site
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 18, 2023
Closed on
Apr 25, 2023
Sold by
Rajendra G Mehta And Rajeshwari Mehta Re
Bought by
Solomon Family Trust
Seller's Agent
Elijah Reese
Serene Realty, Inc.
Buyer's Agent
Elijah Reese
Serene Realty, Inc.
List Price
$165,000
Sold Price
$163,500
Premium/Discount to List
-$1,500
-0.91%
Views
150
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,579
Avg. Annual Appreciation
7.99%
Purchase Details
Closed on
Feb 2, 2015
Sold by
Mehta Rajendra G and Mehta Rajeshwari R
Bought by
Mehta Rajendra G and Revo Mehta Revo
Purchase Details
Closed on
Apr 1, 1996
Sold by
56Th & Hyde Park Partnership
Bought by
Mehta Rajendra G and Mehta Rajeshwari R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,300
Interest Rate
7.44%
Purchase Details
Closed on
Sep 29, 1994
Sold by
56Th & Hyde Park Partnership
Bought by
Patterson Barbara
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,400
Interest Rate
8.68%
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Solomon Family Trust | $163,500 | None Listed On Document | |
| Mehta Rajendra G | -- | None Available | |
| Mehta Rajendra G | $72,500 | -- | |
| Patterson Barbara | $73,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Mehta Rajendra G | $54,300 | |
| Previous Owner | Patterson Barbara | $57,400 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/25/2023 04/25/23 | Sold | $163,500 | -0.9% | -- |
| 03/17/2023 03/17/23 | Pending | -- | -- | -- |
| 02/18/2023 02/18/23 | For Sale | $165,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $3,166 | $16,969 | $779 | $16,190 |
| 2024 | $3,166 | $16,969 | $779 | $16,190 |
| 2023 | $3,075 | $14,952 | $635 | $14,317 |
| 2022 | $3,075 | $14,952 | $635 | $14,317 |
| 2021 | $3,007 | $14,952 | $635 | $14,317 |
| 2020 | $2,388 | $10,721 | $502 | $10,219 |
| 2019 | $2,346 | $11,678 | $502 | $11,176 |
| 2018 | $2,307 | $11,678 | $502 | $11,176 |
| 2017 | $2,363 | $10,979 | $414 | $10,565 |
| 2016 | $2,199 | $10,979 | $414 | $10,565 |
| 2015 | $2,012 | $10,979 | $414 | $10,565 |
| 2014 | $2,075 | $11,183 | $338 | $10,845 |
| 2013 | $2,034 | $11,183 | $338 | $10,845 |
Source: Public Records
Agents Affiliated with this Home
-
Elijah Reese
-
Vadie Reese
Seller Co-Listing Agent in 2023
Vadie Reese
Serene Realty, Inc.
(312) 560-0208
10 in this area
154 Total Sales
About This Building
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11721745
APN: 20-13-102-029-1254
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