1700 E 56th St, Unit 705 Chicago, IL 60637
Hyde Park Neighborhood
1
Bed
1
Bath
750
Sq Ft
$656/mo
HOA Fee
Highlights
- Circular Driveway
- Attached Garage
- Accessibility Features
- Kenwood Academy High School Rated A-
- Resident Manager or Management On Site
- Combination Dining and Living Room
About This Home
As of February 2025Attention Investors! Collect $1350 rent on this gorgeous 1 bd rm unit and up to $150 for the parking space that goes with the unit. Newer stove and refrigerator and tastefully decorated. The building amenities include a 24 hour doorman, htd garage with 24 hr attendant, indoor guest parking, fitness room, dry cleaner on site, penthouse party room, roof top viewing, laundry room, bike storage room, 24 hour building engineer. Rent includes heat, A/C, water, basic cable (expanded cable available), lower level storage locker. Lake Shore Drive -1 blk away and close to transportation and shopping. Two blks from Obama Complex. Please note that the current tenant's lease expires in October, 2022. Call Today - Seller Very Motivated!
Last Agent to Sell the Property
Matchmaker Property Solutions,LLC License #471010412 Listed on: 09/12/2021
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,607
HOA Fees
- $656 per month
Parking
- Attached Garage
- Heated Garage
- Garage Transmitter
- Garage Door Opener
- Circular Driveway
- Parking Included in Price
Home Design
- Slab Foundation
Additional Features
- Combination Dining and Living Room
- Accessibility Features
Listing and Financial Details
- Homeowner Tax Exemptions
Community Details
Overview
- 306 Units
- Olivia Or Jennifer Association, Phone Number (773) 324-1701
- Property managed by 1700 East 56th Street Condominium Assoc.
Pet Policy
- Pets Allowed
- Pets up to 30 lbs
Security
- Resident Manager or Management On Site
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 22, 2024
Closed on
Feb 18, 2025
Sold by
Chisem James L
Bought by
Bearov Cathryn and Watanabe Scott
Seller's Agent
William Bates Jr
EXIT Strategy Realty
Buyer's Agent
Tonia Ingram
RE/MAX Premier
List Price
$175,000
Sold Price
$170,000
Premium/Discount to List
-$5,000
-2.86%
Views
44
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.38%
Purchase Details
Listed on
Sep 12, 2021
Closed on
Feb 14, 2022
Sold by
Venable Sateria
Bought by
Chisem James L
Seller's Agent
Regina Washington
Matchmaker Property Solutions,LLC
Buyer's Agent
Joshua Worth
Century 21 Universal
Sold Price
$135,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.72%
Original Mortgage
$121,500
Interest Rate
3.22%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Listed on
Sep 12, 2021
Closed on
Jan 12, 2022
Sold by
Venable Sateria
Bought by
Chisem James L
Seller's Agent
Regina Washington
Matchmaker Property Solutions,LLC
Buyer's Agent
Joshua Worth
Century 21 Universal
Sold Price
$135,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,500
Interest Rate
3.22%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 30, 2004
Sold by
Taylor Jeanette
Bought by
Venable Sateria
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,400
Interest Rate
7.99%
Mortgage Type
Unknown
Purchase Details
Closed on
Jun 1, 1995
Sold by
56Th & Hyde Park Partnership
Bought by
Nicholson Zeno T and Nicholson Novella
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,150
Interest Rate
7.79%
Similar Homes in Chicago, IL
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $170,000 | Chicago Title | |
| Warranty Deed | $135,000 | -- | |
| Warranty Deed | $135,000 | -- | |
| Administrators Deed | $155,500 | Metropolitan Title Co | |
| Warranty Deed | $72,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $121,500 | Purchase Money Mortgage | |
| Previous Owner | $121,500 | Purchase Money Mortgage | |
| Previous Owner | $440,000 | Unknown | |
| Previous Owner | $124,400 | Unknown | |
| Previous Owner | $65,150 | No Value Available | |
| Closed | $31,100 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/15/2025 07/15/25 | For Rent | $2,000 | 0.0% | -- |
| 02/18/2025 02/18/25 | Sold | $170,000 | -2.9% | $227 / Sq Ft |
| 12/21/2024 12/21/24 | Pending | -- | -- | -- |
| 11/22/2024 11/22/24 | For Sale | $175,000 | +29.6% | $233 / Sq Ft |
| 01/14/2022 01/14/22 | Sold | $135,000 | 0.0% | $180 / Sq Ft |
| 01/04/2022 01/04/22 | For Sale | -- | -- | -- |
| 12/31/2021 12/31/21 | Off Market | $135,000 | -- | -- |
| 12/11/2021 12/11/21 | Pending | -- | -- | -- |
| 12/09/2021 12/09/21 | Pending | -- | -- | -- |
| 09/12/2021 09/12/21 | For Sale | $137,000 | -- | $183 / Sq Ft |
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 |
|---|---|---|---|---|
| 2024 | $2,607 | $13,475 | $619 | $12,856 |
| 2023 | $1,829 | $12,312 | $505 | $11,807 |
| 2022 | $1,829 | $12,312 | $505 | $11,807 |
| 2021 | $1,806 | $12,311 | $504 | $11,807 |
| 2020 | $1,206 | $8,514 | $399 | $8,115 |
| 2019 | $1,174 | $9,274 | $399 | $8,875 |
| 2018 | $1,153 | $9,274 | $399 | $8,875 |
| 2017 | $1,150 | $8,718 | $329 | $8,389 |
| 2016 | $1,246 | $8,718 | $329 | $8,389 |
| 2015 | $1,117 | $8,718 | $329 | $8,389 |
| 2014 | $1,171 | $8,881 | $269 | $8,612 |
| 2013 | $1,137 | $8,881 | $269 | $8,612 |
Source: Public Records
Agents Affiliated with this Home
-
Tonia Ingram
T
Seller's Agent in 2025
Tonia Ingram
RE/MAX Premier
2 in this area
8 Total Sales
-
William Bates Jr
Seller's Agent in 2025
William Bates Jr
EXIT Strategy Realty
(773) 297-2871
1 in this area
26 Total Sales
-
Regina Washington
Seller's Agent in 2022
Regina Washington
Matchmaker Property Solutions,LLC
(708) 925-2953
1 in this area
47 Total Sales
-
Victoria Gordon
Seller Co-Listing Agent in 2022
Victoria Gordon
Matchmaker Property Solutions,LLC
1 in this area
31 Total Sales
-
Joshua Worth
Buyer's Agent in 2022
Joshua Worth
Century 21 Universal
(847) 477-2730
1 in this area
5 Total Sales
About This Building
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11216811
APN: 20-13-102-029-1044
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