NOT LISTED FOR SALE

550 W Harrison St Unit 350 Chicago, IL 60607

Little Italy Neighborhood

Estimated Value: $285,000 - $360,267

2 Beds
2 Baths
1,300 Sq Ft
2.12 Acres

Highlights

  • Doorman
  • 3-minute walk to Clinton Station (Blue Line)
  • Elevator
  • Fitness Center
  • Wood Flooring
  • Balcony

About This Home

As of July 2022

Have you always wanted to live in a loft?? This is a true brick & timber loft with amazing character, high ceilings, exposed brick & a large open floor plan! This southeast corner unit has tons of light with huge windows & a cool urban view. The kitchen features granite countertops and maple cabinets plus a large island for cooking and entertaining. Other great things about this home - a large master suite with plenty of closet space, a gas fireplace, hardwood floors, in-unit laundry, central heat/ac plus a balcony with city views. Garage parking, basic cable and internet are included! The building has an exercise room & dry cleaner. Excellent location near the loop & expressways. No smoking and good credit required. Available immediately! Application fee $75 per adult. First month's rent + one month's security deposit required at lease signing. Building move-in fees are $250 non-refundable + $500 refundable damage deposit.

Last Agent to Rent the Property

Christina Carmody

Fulton Grace Realty License #475135645 Listed on: 06/16/2022

Fulton Grace Realty

Last Renter's Agent

Ryan Mosele

Hudson Burnham Real Estate License #475179234

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,363

Year Built | Renovated

  • 1901 | 2001

Lot Details

  • 2.12

Parking

  • 1 Car Attached Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,300 Sq Ft Home
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Storage
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Balcony

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Listing and Financial Details

  • Security Deposit $2,800
  • Property Available on 6/16/22
  • Rent includes cable TV, water, parking, scavenger, doorman, exterior maintenance, lawn care, storage lockers, snow removal, internet

Community Details

Amenities

  • Doorman
  • Valet Parking
  • Elevator
  • Community Storage Space

Recreation

  • Fitness Center
  • Bike Trail

Pet Policy

  • No Pets Allowed

Additional Features

  • Resident Manager or Management On Site
  • 6-Story Property

Condo Details

Home Type

Condominium

Est. Annual Taxes

$5,363

Year Built | Renovated

1901 | 2001

Lot Details

0

Parking

1

Rental Info

  • Available Date: 2022-06-16
  • Board Number: 8
  • Pets Allowed (Y/N): No
  • Type of Rental Property: Attached
  • Rental Price: 2800
  • Security Deposit: 2800
  • Is Parking Included in Price: Yes
  • Fees/Approvals: Credit Report,Move-in Fee,Move-in Mon-Fri,Move-in Saturday,Move Out Fee,Refundable Damage Deposit

Listing Details

  • Property Type: Residential Lease
  • Property Type: Residential Lease
  • Type Attached: Condo,Condo-Loft
  • Property Sub-Type: Attached
  • Age: 11-15 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 3
  • Rehab Year: 2001
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 6
  • Year Built: 1901
  • Year Renovated: 2001

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Furnished: No
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit, Storage
  • LivingArea: 1300
  • Room Type: No additional rooms
  • Stories Total: 6
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Balcony
  • List Price: 2800
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: No
  • Association Amenities: Bike Room/Bike Trails, Door Person, Elevator(s), Exercise Room, Storage, Valet/Cleaner
  • Rent Includes: Cable TV, Water, Parking, Scavenger, Doorman, Exterior Maintenance, Lawn Care, Storage Lockers, Snow Removal, Internet
  • Management: Manager On-site

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: COMMON

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 1, 2021
Sold by
Samson David J
Bought by
Samson David J and Harris Anne M
Current Estimated Value
$322,817

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,000
Outstanding Balance
$160,597
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$162,220

Purchase Details

Closed on
Apr 22, 2003
Sold by
Cornelsen Barbara K
Bought by
Samson David J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
5.9%
Mortgage Type
Unknown
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
Samson David J -- Accommodation
Samson David J $300,000 --
Samson David J $300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Samson David J $218,000
Closed Samson David J $240,000
Closed Samson David J $10,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/12/2022 07/12/22 Rented $2,800 0.0% --
06/16/2022 06/16/22 For Rent $2,800 +10.2% --
04/01/2020 04/01/20 Rented $2,540 +1.6% --
02/03/2020 02/03/20 For Rent $2,500 -- --
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 $5,363 $29,867 $2,668 $27,199
2023 $5,205 $28,650 $1,463 $27,187
2022 $5,205 $28,650 $1,463 $27,187
2021 $5,106 $28,648 $1,462 $27,186
2020 $5,255 $26,691 $1,462 $25,229
2019 $5,180 $29,211 $1,462 $27,749
2018 $5,092 $29,211 $1,462 $27,749
2017 $3,823 $21,132 $1,290 $19,842
2016 $3,732 $21,132 $1,290 $19,842
2015 $3,392 $21,132 $1,290 $19,842
2014 $3,238 $20,021 $1,097 $18,924
2013 $3,163 $20,021 $1,097 $18,924
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11437323

Midwest Real Estate Data (MRED)

APN: 17-16-128-007-1252