NOT LISTED FOR SALE

550 W Harrison St Unit 553 Chicago, IL 60607

Little Italy Neighborhood

Estimated Value: $237,000 - $251,000

1 Bed
1 Bath
885 Sq Ft
2.12 Acre Lot

Sale Details

Date Sold: February 14, 2025

Last sale price $257,000 $290 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $1,931 / mo

129 Days on Market

Highlights

  • Doorman
  • 1-minute walk to Clinton Station (Blue Line)
  • Wood Flooring
  • Fitness Center
  • Open Floorplan
  • 4-minute walk to The Green at 320

About This Home

As of February 2025

Spacious timber loft condo, corner unit, loaded with everything - in-unit laundry, fireplace, central air, balcony, satellite TV, external storage locker. Exposed brick and ductwork. Kitchen includes dishwasher, oven, refrigerator, and lots of counter space and cabinets for your cooking needs. Big windows allow lots of bright daylight. 12ft ceilings, and hardwood flooring laid diagonally in living room, kitchen and hallway. The bedroom has windows and is enclosed with full-height walls - not the usual loft bedroom. New carpet in bedroom. This unit is clean and well-maintained. Ready for you to move in and enjoy. The building and HOA are very well-managed. Includes 24-hr door-person, bike room, fitness/exercise room, and on-site dry cleaner. Close to Loop, L station, buses, Union Station, Greek Town, UIC, Illinois Medical District and shopping. Blue Line station is on the same block as this building. Assessment includes: Internet & Basic Cable, Water, Scavenger, Door person, Common Insurance, and fitness room. Deeded garage parking available for additional amount.

Last Agent to Sell the Property

Joe Held

RE/MAX 10 Lincoln Park License #475126272 Listed on: 10/28/2024

RE/MAX 10 Lincoln Park

Last Buyer's Agent

Karen Biazar

North Clybourn Group, Inc. License #471003309

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,230

Year Renovated

  • 2001

Lot Details

  • 2.12

HOA Fees

  • $565 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Heated Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Included in Price
  • Deeded Parking Sold Separately

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 885 Sq Ft Home
  • Open Floorplan
  • Beamed Ceilings
  • Gas Log Fireplace
  • Blinds
  • Family Room
  • Living Room with Fireplace
  • Combination Dining and Living Room

Kitchen

  • Range
  • Dishwasher

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Additional Features

  • Balcony
  • Additional Parcels

Community Details

Overview

  • Association fees include parking, insurance, doorman, tv/cable, exercise facilities, exterior maintenance, scavenger, internet
  • 267 Units
  • Gerald Fitzpatrick Association, Phone Number (312) 922-8977
  • Mid-Rise Community
  • Clinton Complex Subdivision
  • Property managed by First Service Residential
  • 6-Story Property

Amenities

  • Doorman
  • Elevator
  • Community Storage Space

Recreation

  • Fitness Center
  • Bike Trail

Pet Policy

  • Dogs and Cats Allowed

Security

  • On-Site Manager or Management

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,230

Year Renovated

2001

Lot Details

2.12 Acres

HOA Fees

$565 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
  • Age: 100+ 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: 5
  • Rehab Year: 2001
  • New Construction Y/N: No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 6
  • Year Renovated: 2001

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: Gas Log, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Beamed Ceilings, Open Floorplan, Some Carpeting
  • LivingArea: 885
  • Room Type: Balcony/Porch/Lanai, Walk In Closet
  • Stories Total: 6
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Window Features: Blinds
  • Flooring: Carpet
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Balcony
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Garage Details: Garage Door Opener(s),Transmitter(s),Heated
  • Garage On-Site: Yes
  • Garage Ownership: Deeded Sold Separately
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Gas Dryer Hookup, In Unit, Laundry Closet
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 565
  • Association Amenities: Bike Room/Bike Trails, Door Person, Elevator(s), Exercise Room, Storage, On Site Manager/Engineer
  • Association Fee Frequency: Monthly
  • Management: Manager On-site
  • Master Association Fee Frequency: Not Required
  • Management Company: First Service Residential
  • Management Contact Name: Gerald Fitzpatrick
  • Management Phone: 312-922-8977
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Parking, Insurance, Doorman, TV/Cable, Exercise Facilities, Exterior Maintenance, Scavenger, Internet

Lot Info

  • Additional Parcels: Yes
  • Lot Dimensions: CONDO
  • 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: 4230.31
  • Tax Year: 2023
  • Tax Exemptions: None

Multi Family

  • Units in Building: 267

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2024
Closed on
Feb 5, 2025
Sold by
Fine Jonathan I
Bought by
Seller's Agent
Joe Held
RE/MAX 10 Lincoln Park
Buyer's Agent
Karen Biazar
North Clybourn Group, Inc.
List Price
$250,000
Sold Price
$257,000
Premium/Discount to List
$7,000
2.8%
Views
213
Current Estimated Value
$244,201

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,799
Avg. Annual Appreciation
-3.24%
Original Mortgage
$204,000
Outstanding Balance
$200,804
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$43,397
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Little Italy, IL

See All Agents

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$257,000 Citywide Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $204,000
Previous Owner Fine Jonathan I $75,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/14/2025 02/14/25 Sold $257,000 +7.1% $290 / Sq Ft
01/16/2025 01/16/25 Pending -- -- --
01/10/2025 01/10/25 Price Changed $240,000 -2.0% $271 / Sq Ft
11/19/2024 11/19/24 Price Changed $245,000 -2.0% $277 / Sq Ft
10/28/2024 10/28/24 For Sale $250,000 0.0% $282 / Sq Ft
09/09/2024 09/09/24 For Sale $250,000 -- $282 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $308 $1,905 $170 $1,735
2024 $308 $1,905 $170 $1,735
2023 $300 $1,456 $93 $1,363
2022 $300 $1,456 $93 $1,363
2021 $293 $1,455 $93 $1,362
2020 $379 $1,702 $93 $1,609
2019 $374 $1,863 $93 $1,770
2018 $368 $1,863 $93 $1,770
2017 $290 $1,347 $82 $1,265
2016 $270 $1,347 $82 $1,265
2015 $247 $1,347 $82 $1,265
2014 $237 $1,276 $69 $1,207
2013 $232 $1,276 $69 $1,207
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12158470

Midwest Real Estate Data (MRED)

APN: 17-16-128-007-1263

Your Personal Tour Guide

Ask me questions while you tour the home.