NOT LISTED FOR SALE
0.06 Acre
-- Price per Acre
2,614 Sq Ft Lot

Sale Details

Date Sold: May 30, 2023

Last sale price $1,660,000 $1,297 Per Sq Ft

103 Days on Market

About This Lot

As of May 2023

55 East Cedar is a new build opportunity clustered with other magnificent historic homes on one of the best streets in Chicago. This prime location is in the Gold Coast and is located 1/2 block from Oak Street Beach, Rush Street restaurants and the Magnificent mile. 27 feet of frontage is a rare find that offers a chance to do something special. The facade is not protected or landmarked. Currently a multi-unit building, the property is available for sale in "as-is" condition.

Last Agent to Sell the Property

Meladee Hughes

Baird & Warner License #471012202 Listed on: 01/25/2023

Baird & Warner

Co-Listed By

Craig Hogan

Engel & Voelkers Chicago License #471016778

Last Buyer's Agent

Celeste Huenergard

Coldwell Banker Realty License #475164698

Coldwell Banker Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $33,381

Lot Details

  • Lot Dimensions are 27x72

Laundry

  • Laundry in Garage
  • Gas Dryer Hookup

Utilities

  • Electricity To Lot Line
  • Gas Available

Property Details

Property Type

Land

Est. Annual Taxes

$33,381

Listing Details

  • Property Type: Land
  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Conditional Use
  • Road Surface Type: Asphalt
  • General Information: Commuter Bus
  • Actual Status: Closed
  • ResoPropertyType: Land
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement Description: None
  • Basement Bathrooms: No

Exterior Features

  • Frontage Type: City Street
  • Waterfront: No

Garage/Parking

  • Number of Cars: 0

Utilities

  • Laundry Features: Gas Dryer Hookup, Electric Dryer Hookup, In Garage
  • Utilities: Electric to Site, Gas to Site

Lot Info

  • Lot Dimensions: 27X72
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Building Info

  • Building(s) on Land: Yes

Tax Info

  • Tax Annual Amount: 33381.06
  • Tax Year: 2020
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/30/2023 05/30/23 Sold $1,660,000 0.0% $1,297 / Sq Ft
05/30/2023 05/30/23 Sold $1,660,000 -6.5% $1,297 / Sq Ft View Prior Sale
05/09/2023 05/09/23 Pending -- -- --
05/09/2023 05/09/23 Pending -- -- --
01/25/2023 01/25/23 For Sale $1,775,000 0.0% $1,387 / Sq Ft
09/20/2022 09/20/22 For Sale $1,775,000 0.0% $1,387 / Sq Ft
09/01/2022 09/01/22 Pending -- -- --
08/25/2022 08/25/22 For Sale $1,775,000 -- $1,387 / 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 $32,711 $199,000 $61,603 $137,397
2024 $32,711 $199,000 $61,603 $137,397
2023 $31,888 $155,034 $49,600 $105,434
2022 $31,888 $155,034 $49,600 $105,434
2021 $33,381 $166,000 $49,600 $116,400
2020 $32,585 $146,272 $34,720 $111,552
2019 $32,653 $162,525 $34,720 $127,805
2018 $9,640 $48,804 $34,720 $14,084
2017 $32,252 $149,823 $27,776 $122,047
2016 $30,008 $149,823 $27,776 $122,047
2015 $27,454 $149,823 $27,776 $122,047
2014 $23,220 $125,147 $23,808 $101,339
2013 $22,761 $125,147 $23,808 $101,339
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11707366

Midwest Real Estate Data (MRED)
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