NOT LISTED FOR SALE

Estimated Value: $293,000 - $364,523

2 Beds
2 Baths
-- Sq Ft
$1,394/ mo HOA Fee

Last Sold September 30, 2024

Last sale price $384,000

Est. 12% decrease in value since last sale

Current estimated payment $3,518/month

6 Days on Market

Highlights

  • Doorman
  • Fitness Center
  • Party Room
  • Kenwood Academy High School Rated A-
  • Lock-and-Leave Community
  • Sundeck

About This Home

As of September 2024

Sought after a stunning total renovation of this 2BR/2BA corner unit with amazing View! Each room has a wall of windows overlooking the Lake, the Museum of Science and Industry, the Jackson Park Lagoons and now a direct view of the soon-to-open Barack Obama Center. Beautiful wood floor throughout the unit. The kitchen has wood custom cabinets with large drawers below and high end stainless steel appliances. The bathrooms are beautifully tiled. The large walk-in closet has been outfitted with closet organizers to optimize the space. Seller redesigned the kitchen and closets creatively. You can not imagine how smart and comfortable it is until you come to see it! 1700 East 56th St. Condominiums has been a favorite building since it opened in the late 1960's. It still retains it modernist mid-century feel. Great location! So close to both Lake Michigan and the University of Chicago makes it equally attractive to the academics walking or biking to campus and the runners to the Lakefront. #6 bus is at the door point. The Metra station is just west at Lake Park. They provide the most convenience for downtown shoppers. The 24hr door persons are friendly and professional. There is a garage right for one car in the heated garage INCLUDED in the price. The fitness room is right behind the doorman desk. The large laundry is on the 2nd floor. On the top floor is a party room with drop dead views and a catering kitchen available to be reserved by the residents. The sundeck on the top floor with panoramic views and seating for enjoying amazing Chicago skyline! There is a rental cap at 30% in this building. Current rental rate is 18%. The most difference between 1700 and other buildings in same age is the brand new double hung windows installed several years ago! The board did unmatchable job to make that happened! It can be the solely reason you feel in love with 1700 at the first sight! Don't wait to Move in to this wonderful condo, and have front row seats to all the excitement! Remember do not wait!

Last Agent to Sell the Property

Jinhong Wang

Concentric Realty Inc. License #471019579 Listed on: 08/08/2024

Concentric Realty Inc.

Last Buyer's Agent

Ali Arciniega

ALLURE Real Estate License #475163462

ALLURE Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,322

Year Built

  • Built in 1968

Lot Details

  • 1.21

HOA Fees

  • $1,394 Monthly HOA Fees

Parking

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

Interior Spaces

  • Formal Dining Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Utilities

  • 3+ Cooling Systems Mounted To A Wall/Window
  • Heating Available
  • Lake Michigan Water

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include air conditioning, water, parking, insurance, doorman, tv/cable, exercise facilities, exterior maintenance, lawn care, scavenger, snow removal
  • 369 Units
  • Allison Association, Phone Number (773) 324-1701
  • High-Rise Condominium
  • Property managed by Sudler Property Management
  • Lock-and-Leave Community
  • 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
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,322

Year Built

Built in 1968

Lot Details

1.21 Acres

HOA Fees

$1,394 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: School Bus Service,Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 37
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 40

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Room Type: Walk In Closet
  • Stories Total: 40
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Steel Siding,Concrete

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Garage Details: Heated
  • Garage On-Site: Yes
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Window/Wall Units - 3+
  • Heating: Electric
  • Laundry Features: Common Area
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 1394
  • Association Amenities: Bike Room/Bike Trails, Door Person, Coin Laundry, Elevator(s), Exercise Room, Storage, On Site Manager/Engineer, Party Room, Sundeck, Receiving Room, Security Door Lock(s), Service Elevator(s)
  • Association Fee Frequency: Monthly
  • Management: Manager On-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Sudler Property Management
  • Management Contact Name: Allison
  • Management Phone: 773-324-1701
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Lot Info

  • 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: 4322
  • Tax Year: 2023
  • Tax Exemptions: Homeowner,Senior

Multi Family

  • Units in Building: 369

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2024
Closed on
Sep 16, 2024
Sold by
Hector Alberto Marino and Hector Susana Gertrud
Bought by
Sabrina Scarborough Trust
Seller's Agent
Jinhong Wang
Concentric Realty Inc.
Buyer's Agent
Ali Arciniega
ALLURE Real Estate
List Price
$387,000
Sold Price
$384,000
Premium/Discount to List
-$3,000
-0.78%
Views
14
Current Estimated Value
$338,881

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$45,119
Avg. Annual Appreciation
-8.15%

Purchase Details

Closed on
Oct 20, 2020
Sold by
Marino Hector A and Marino Susan G
Bought by
Marino Hector Alberto and Marino Susana Gertrudis

Purchase Details

Listed on
Mar 25, 2017
Closed on
Jun 5, 2017
Sold by
Safshekan Vida F
Bought by
Marino Hector A and Marino Susana G
Seller's Agent
Rosa Sanchez-Fryer
@properties Christie's International Real Estate
Buyer's Agent
Marie Levesque
Compass
List Price
$245,000
Sold Price
$207,500
Premium/Discount to List
-$37,500
-15.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.74%
Original Mortgage
$166,000
Interest Rate
4.03%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 24, 2014
Sold by
Safshekan Reza
Bought by
Safshekan Vida F

Purchase Details

Closed on
Dec 20, 2012
Sold by
Bina Behzad
Bought by
Safshekan Vida F and Reza Safshekan M

Purchase Details

Closed on
Dec 19, 2012
Sold by
Safshekan Vida F and Reza Safshekan M
Bought by
Bina Behzad

Purchase Details

Closed on
Apr 30, 2001
Sold by
Truitt David M
Bought by
Safshekan M Reza and Safshekan Vida F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,600
Interest Rate
7.02%

Purchase Details

Closed on
Aug 24, 1999
Sold by
Hayes Robert
Bought by
Truitt David M

Purchase Details

Closed on
Aug 6, 1999
Sold by
The Northern Trust Company
Bought by
Hayes Robert

Purchase Details

Closed on
Oct 4, 1994
Sold by
56Th & Hyde Park Partnership
Bought by
Truitt Rowini H Brown
Source: Public Records
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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
Sabrina Scarborough Trust $384,000 Fidelity National Title
Marino Hector Alberto -- Accommodation
Marino Hector A $207,500 None Available
Safshekan Vida F -- None Available
Safshekan Vida F -- Chicago Title Insurance Comp
Bina Behzad -- Mutliple
Safshekan M Reza $197,000 --
Truitt David M $150,000 --
Hayes Robert -- --
Truitt Rowini H Brown $127,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Marino Hector A $166,000
Previous Owner Safshekan M Reza $157,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/30/2024 09/30/24 Sold $384,000 -0.8% --
08/14/2024 08/14/24 Pending -- -- --
08/08/2024 08/08/24 For Sale $387,000 +86.5% --
09/04/2017 09/04/17 Off Market $207,500 -- --
06/05/2017 06/05/17 Sold $207,500 -15.3% $173 / Sq Ft View Prior Sale
04/02/2017 04/02/17 Pending -- -- --
03/25/2017 03/25/17 For Sale $245,000 -- $204 / 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 $4,322 $28,348 $1,301 $27,047
2024 $4,322 $28,348 $1,301 $27,047
2023 $4,159 $26,380 $1,062 $25,318
2022 $4,159 $26,380 $1,062 $25,318
2021 $4,099 $26,379 $1,061 $25,318
2020 $2,746 $17,912 $839 $17,073
2019 $2,680 $19,511 $839 $18,672
2018 $2,633 $19,511 $839 $18,672
2017 $3,222 $18,342 $692 $17,650
2016 $3,174 $18,342 $692 $17,650
2015 $2,880 $18,342 $692 $17,650
2014 $2,990 $18,683 $566 $18,117
2013 $2,920 $18,683 $566 $18,117
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12134078

Midwest Real Estate Data (MRED)

APN: 20-13-102-029-1341

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