NOT LISTED FOR SALE

550 W Harrison St Unit 250 Chicago, IL 60607

Little Italy Neighborhood

Estimated Value: $283,000 - $344,000

2 Beds
2 Baths
1,300 Sq Ft
$680/mo HOA Fee

Last Sold July 15, 2022

Last sale price $343,000 $264 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $2,780/month

23 Days on Market

Highlights

  • Doorman
  • 3-minute walk to Clinton Station (Blue Line)
  • Whirlpool Bathtub
  • Fitness Center
  • Wood Flooring
  • End Unit

About This Home

As of July 2022

Bright and charming 2 bed, 2 bath timber loft nestled conveniently between the West and South Loop. This home features exposed brick, 16 ft ceilings, and hardwood floors throughout that are all highlighted by the abundant South and Eastern sunlight coming into the home. Living room features a gas fireplace and walkout balcony; grill out while admiring the beautiful skyline views. Kitchen features stainless steel appliances, granite countertops, island with breakfast bar, and ample maple-wood cabinets providing enough storage for all those fun gadgets! The kitchen layout and designated dining space are ideal for entertaining guests. Primary suite has two spacious closets and an ensuite bath with a dual vanity and spa-like shower. Second bedroom perfect for an office, workout room, or guest suite with a 2nd bathroom right around the corner. Other features include in-unit laundry, storage in basement, and attached heated garage parking included in price! HOA includes extra perks like cable tv and internet. Building has 24 hour door staff, gym, and is pet friendly (it even has an area for dogs in the gated parking lot - great for those late night adventures!). Just a 5 minute stroll to the University of Illinois and a short walk to the "L" trains, Union Station, coffee shops, restaurants, and all the heart of Chicago has to offer! If you want a large condo in the center of the city, while still having it feel like a retreat, this is the home for you!

Last Agent to Sell the Property

James D'Astice

Compass License #475152334 Listed on: 05/20/2022

Compass

Last Buyer's Agent

Debra Secher

@properties Christie's International Real Estate License #475154601

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,428

Year Built

  • Built in 1875 | Remodeled in 2000

Lot Details

  • End Unit
  • Additional Parcels

HOA Fees

  • $680 Monthly HOA Fees

Parking

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

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Gas Log Fireplace
  • Entrance Foyer
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Storage
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, insurance, security, doorman, tv/cable, exercise facilities, exterior maintenance, lawn care, scavenger, snow removal, internet
  • 267 Units
  • Gerald Fitzpatrick Association
  • Mid-Rise Condominium
  • Clinton Complex Subdivision
  • Property managed by First Service Residential
  • 6-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Elevator
  • Service Elevator
  • Package Room
  • Community Storage Space

Recreation

  • Fitness Center
  • Bike Trail

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,428

Year Built

Built in 1875 | Remodeled in 2000

Lot Details

0

HOA Fees

$680 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Condo-Loft,Mid Rise (4-6 Stories)
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,Condo-Loft,Mid Rise (4-6 Stories)
  • Subdivision Name: Clinton Complex
  • Year Built: 1875
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 2
  • Rehab Year: 2000
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 6
  • Year Renovated: 2000

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit, Storage
  • Room Type: Foyer
  • Stories Total: 6
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Whirlpool
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Balcony, End Unit
  • List Price: 349000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Pets Allowed: Additional Pet Rent, Cats OK, Dogs OK
  • Association Fee: 680
  • Association Amenities: Bike Room/Bike Trails, Door Person, Elevator(s), Exercise Room, Storage, On Site Manager/Engineer, Receiving Room, Service Elevator(s), Valet/Cleaner
  • Association Fee Frequency: Monthly
  • Management: Manager On-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: First Service Residential
  • Management Contact Name: Gerald Fitzpatrick
  • Management Phone: 000-000-0000
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: Yes
  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 5428.31
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 267

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2022
Closed on
Jun 15, 2022
Sold by
Vail Christian
Bought by
Martinez Damara and Marcano Juan A
Seller's Agent
James D'Astice
Compass
Buyer's Agent
Debra Secher
@properties Christie's International Real Estate
List Price
$349,000
Sold Price
$343,000
Premium/Discount to List
-$6,000
-1.72%
Current Estimated Value
$318,395

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$24,605
Avg. Annual Appreciation
-2.26%

Purchase Details

Listed on
Sep 23, 2020
Closed on
Jan 29, 2021
Sold by
May Timothy
Bought by
Vail Christian
Seller's Agent
Tommy Choi
Keller Williams ONEChicago
Buyer's Agent
Brittani Owens
Redfin Corporation
List Price
$325,000
Sold Price
$340,000
Premium/Discount to List
$15,000
4.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.60%
Original Mortgage
$272,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 7, 2016
Closed on
Jul 28, 2016
Sold by
Berube Bryan and Berube Abigail
Bought by
May Timothy
Seller's Agent
Matthew Liss
Mark Allen Realty ERA Powered
Buyer's Agent
Tommy Choi
Keller Williams ONEChicago
List Price
$369,000
Sold Price
$350,000
Premium/Discount to List
-$19,000
-5.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.65%
Original Mortgage
$280,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 24, 2013
Closed on
Sep 12, 2013
Sold by
Kmoch Jeffrey J and Mayberry Megan
Bought by
Berube Bryan and Berube Abigail
Seller's Agent
Tommy Hicks
Jameson Sotheby's Intl Realty
Buyer's Agent
Ramses Danta
RE/MAX Premier
List Price
$315,000
Sold Price
$302,000
Premium/Discount to List
-$13,000
-4.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.16%
Original Mortgage
$202,000
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 26, 2007
Sold by
Wu Qiong and Du Ning
Bought by
Kmoch Jeffrey J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,400
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 11, 2003
Sold by
Hesser Matthew N and Hesser Rachel A
Bought by
Wu Qiong and Du Ning

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$282,625
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 29, 2001
Sold by
Baun Farrell Joseph and Baun Farrell Heather
Bought by
Hesser Mathew N and Hesser Rachel A
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Martinez Damara $1,029,000 None Listed On Document
Vail Christian $340,000 Greater Illinois Title Co
May Timothy $350,000 First American Title
Berube Bryan $302,000 None Available
Kmoch Jeffrey J $340,500 Attorneys Title Guaranty Fun
Wu Qiong $293,000 Cti
Hesser Mathew N $277,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vail Christian $272,000
Previous Owner May Timothy $280,000
Previous Owner Berube Bryan $202,000
Previous Owner Kmoch Jeffrey J $272,400
Previous Owner Wu Qiong $282,625
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/15/2022 07/15/22 Sold $343,000 -1.7% $264 / Sq Ft
06/13/2022 06/13/22 Pending -- -- --
05/20/2022 05/20/22 For Sale $349,000 +2.6% $268 / Sq Ft
01/29/2021 01/29/21 Sold $340,000 +4.6% $262 / Sq Ft View Prior Sale
12/16/2020 12/16/20 Pending -- -- --
09/23/2020 09/23/20 For Sale $325,000 -7.1% $250 / Sq Ft
08/19/2016 08/19/16 Sold $350,000 -3.8% $269 / Sq Ft View Prior Sale
07/10/2016 07/10/16 Pending -- -- --
06/23/2016 06/23/16 Price Changed $364,000 -1.4% $280 / Sq Ft
06/07/2016 06/07/16 For Sale $369,000 +22.2% $284 / Sq Ft
09/16/2013 09/16/13 Sold $302,000 -4.1% $232 / Sq Ft View Prior Sale
08/04/2013 08/04/13 Pending -- -- --
07/24/2013 07/24/13 For Sale $315,000 -- $242 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

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 $5,003 $28,578 $2,553 $26,025
2023 $5,560 $26,950 $1,400 $25,550
2022 $5,560 $26,950 $1,400 $25,550
2021 $4,764 $26,949 $1,399 $25,550
2020 $4,998 $25,539 $1,399 $24,140
2019 $4,926 $27,950 $1,399 $26,551
2018 $4,842 $27,950 $1,399 $26,551
2017 $3,626 $20,220 $1,235 $18,985
2016 $3,550 $20,220 $1,235 $18,985
2015 $3,705 $20,220 $1,235 $18,985
2014 $3,554 $19,156 $1,049 $18,107
2013 $3,484 $19,156 $1,049 $18,107
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11411322

Midwest Real Estate Data (MRED)

APN: 17-16-128-007-1248