NOT LISTED FOR SALE

550 W Harrison St Unit 653 Chicago, IL 60607

Little Italy Neighborhood

Estimated Value: $240,000 - $277,000

1 Bed
1 Bath
885 Sq Ft
2.12 Acre Lot

Sale Details

Date Sold: February 24, 2022

Last sale price $225,000 $254 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,148 / mo

70 Days on Market

Highlights

  • Living Room with Fireplace
  • 1-minute walk to Clinton Station (Blue Line)
  • Heated Garage
  • Attached Garage
  • Soaking Tub
  • 4-minute walk to The Green at 320

About This Home

As of February 2022

This Rarely available, top floor 1 Bedroom, 1 Bath Timber & Brick loft with character galore. This oversized floorplan offers great space to fit a whole living room as well as a dedicated dining room area. This condo has everything and checks every box! This top-floor unit offers a recently updated kitchen with farmhouse-style colors perfectly complimenting all stainless steel appliances. The unit has been freshly painted throughout with contemporary gray paint and the bedroom has been refreshed with brand new carpeting. This all makes the condo truly turn-key, all you have to do is move in! The soaring timber ceilings, Brick walls with two dedicated walls of windows that are East facing! Hardwood floors, fireplace in the living room leads to a gorgeous East facing balcony with unobstructed views. The bedroom features a massive walk-in closet that has more than ample space for all your needs and an in-unit washer and dryer in the hallway. A Deeded heated garage parking and large storage cage are included in the price. Intimate Building with a large established HOA and elevator to the indoor parking. An updated large Fitness room and Drycleaners on site. Located close to tons of great restaurants & bars, shops, and grocery stores. Walking distance to Loop, Union & Ogilvie Station, steps to Blue Line (Clinton Stop), easy access to all expressways (90/94/290), and Lakeshore Drive.

Last Agent to Sell the Property

Sam Cusentino

Compass License #475170980 Listed on: 11/16/2021

Compass

Last Buyer's Agent

Elena Pichardo

Realty of America, LLC License #475191602

Realty of America, LLC

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Condominium

Lot Details

  • 2.12

HOA Fees

  • $494 per month

Parking

  • Attached Garage
  • Heated Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Soaking Tub
  • Living Room with Fireplace
  • Combination Dining and Living Room

Community Details

Overview

  • 267 Units
  • Inez Drayton Association, Phone Number (312) 922-8978
  • Mid-Rise Community
  • Property managed by COMMUNITY SPECIALISTS

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Lot Details

2.12 Acres

HOA Fees

$494 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • Property Type: Residential
  • Type Attached: Condo,Mid Rise (4-6 Stories)
  • Property Sub Type: Condo,Mid Rise (4-6 Stories)
  • Age: Unknown
  • 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): No
  • Unit Floor Level: 6
  • Directions: NORTHWEST CORNER OF HARRISON AND CLINTON
  • Lot Size: COMMON
  • New Construction: No
  • Ownership: Condo
  • Actual Status: Closed
  • Special Features: None

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Has Basement: None
  • Fireplace Features: Gas Log, Gas Starter
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Full Bathrooms: 1
  • Possible Bedrooms: 1
  • Total Bedrooms: 1
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors
  • Dining Room Type: No additional rooms
  • Stories: 6

Exterior Features

  • Exterior Features: Balcony, Storms/Screens, End Unit
  • Exterior Building Type: Brick
  • Lot Features: Common Grounds
  • Waterfront: No

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Management: Manager On-site,Monday through Saturday
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: COMMUNITY SPECIALISTS
  • Management Contact Name: INEZ DRAYTON
  • Management Phone: 312-922-8978
  • Amenities: Bike Room/Bike Trails, Door Person, Elevator(s), Exercise Room, Storage, On Site Manager/Engineer, Receiving Room, Security Door Lock(s), Service Elevator(s)
  • Association Fee: 494
  • Association Fee Frequency: Monthly
  • Pets Allowed: Cats OK, Dogs OK

Fee Information

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

Schools

  • Junior High Dist: 299

Lot Info

  • Special Assessments: N
  • Additional Parcels: Yes

Rental Info

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

Multi Family

  • Units in Building: 267

Tax Info

  • Tax Exemptions: None
  • Tax Annual Amount: 4400.3
  • Tax Year: 2020

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
Nov 16, 2021
Closed on
Feb 24, 2022
Sold by
Balfour Robert A and Balfour Robin
Bought by
Seller's Agent
Sam Cusentino
Compass
Buyer's Agent
Elena Pichardo
Realty of America, LLC
List Price
$225,000
Sold Price
$225,000
Current Estimated Value
$249,766

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,766
Avg. Annual Appreciation
3.25%
Original Mortgage
$180,000
Outstanding Balance
$136,020
Interest Rate
3%
Estimated Equity
$124,029

Purchase Details

Closed on
Jun 29, 2015
Sold by
Balfour Jessica
Bought by
Balfour Robert A and Balfour Robin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 2, 2012
Sold by
Clancy Daniel
Bought by
Balfour Jessica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,817
Interest Rate
4.4%
Mortgage Type
FHA
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

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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
$225,000 --
Balfour Robert A $210,000 None Available
Balfour Jessica $165,000 Citywyde Title Corporation
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 $63,296
Open Dinuzzo Anthony F $180,000
Previous Owner Balfour Robert A $168,000
Previous Owner Balfour Jessica $160,817
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
02/24/2022 02/24/22 Sold $225,000 0.0% $254 / Sq Ft
01/26/2022 01/26/22 Pending -- -- --
11/16/2021 11/16/21 For Sale $225,000 -- $254 / 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 $3,400 $19,943 $1,781 $18,162
2024 $3,400 $19,943 $1,781 $18,162
2023 $3,998 $19,380 $977 $18,403
2022 $3,998 $19,380 $977 $18,403
2021 $3,909 $19,379 $976 $18,403
2020 $3,970 $17,822 $976 $16,846
2019 $3,919 $19,505 $976 $18,529
2018 $3,853 $19,505 $976 $18,529
2017 $3,037 $14,110 $861 $13,249
2016 $2,826 $14,110 $861 $13,249
2015 $2,586 $14,110 $861 $13,249
2014 $2,480 $13,368 $732 $12,636
2013 -- $13,368 $732 $12,636
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11271573

Midwest Real Estate Data (MRED)

APN: 17-16-128-007-1267

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