$130,000
PENDING

Lake Meadows Condo 601 E 32nd St Unit 503 Floor 5 Chicago, IL 60616

Lake Meadows Neighborhood

Estimated payment $1,291/month

Total Views 93,019
Studio
1 Bath
435 Sq Ft
$299 Price per Sq Ft

Highlights

  • Water Views
  • Business Center
  • Stainless Steel Appliances
  • Tennis Courts
  • Elevator
  • 4-minute walk to Groveland Park

About This Home

Enjoy city living with a lakeside vibe in this bright and cozy updated studio just steps from Chicago's beautiful 31st Street Beach. This well-maintained space features an open layout with abundant natural light, a functional kitchenette, and ample storage. Perfect for commuters and beach lovers alike, the studio is conveniently located near public transportation, Lake Shore Drive, parks, and trails, with easy access to downtown, Bronzeville, and Hyde Park. Wake up to lake breezes, enjoy sunsets by the water, and experience the best of Chicago right outside your door.

Listing Agent

Miguel Perea

Open Path Realty License #475185927 Listed on: 01/29/2026

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,367

Year Built

  • Built in 1958 | Remodeled in 2025

HOA Fees

  • $500 Monthly HOA Fees

Home Design

  • Entry on the 5th floor
  • Studio

Interior Spaces

  • 1 Full Bathroom
  • 435 Sq Ft Home
  • Family Room
  • Living Room
  • Dining Room
  • Water Views
  • Laundry Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Parking

  • 1 Parking Space
  • Handicap Parking
  • Parking Available
  • Off-Street Parking
  • Parking Included in Price
  • Assigned Parking

Accessible Home Design

  • Wheelchair Access
  • Accessibility Features
  • Accessible Doors
  • Ramp on the main level
  • Wheelchair Ramps
  • Entry Slope Less Than 1 Foot

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

Overview

  • Association fees include heat, air conditioning, water, security, doorman, tv/cable, exterior maintenance, lawn care, scavenger, snow removal
  • 315 Units
  • Candice Anderson Association, Phone Number (312) 326-2500
  • Property managed by 601 Condominium
  • 10-Story Property

Amenities

  • Picnic Area
  • Restaurant
  • Business Center
  • Laundry Facilities
  • Elevator

Recreation

  • Tennis Courts
  • Park

Pet Policy

  • Pets up to 50 lbs
  • Limit on the number of pets
  • Pet Size Limit
  • Pet Deposit Required
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,367

Year Built

Built in 1958 | Remodeled in 2025

Lot Details

0 Sq Ft Lot

HOA Fees

$500 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Studio
  • Ownership: Condo
  • EntryLevel: 5
  • New Construction: No
  • Property Sub-Type: Condo,Studio
  • Year Built: 1958
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: Yes
  • General Information: School Bus Service,Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2025
  • Actual Status: Pending
  • SomePhotosVirtuallyStaged: No
  • MRD_WaterViewYN: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 10
  • Year Renovated: 2025

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Stainless Steel Appliance(s)
  • Basement: None
  • Accessibility Features: Entry Slope less than 1 foot, Disabled Parking, Ramp - Main Level, Wheelchair Accessible, Wheelchair Ramp(s), Accessible Doors
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • LivingArea: 435
  • Room Type: No additional rooms
  • Stories Total: 10
  • Estimated Total Finished Sq Ft: 0
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0

Exterior Features

  • Construction Materials: Other, Combination
  • Waterfront: No

Garage/Parking

  • Parking Features: Assigned, Off Street, Yes
  • ParkingTotal: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Deposit Required, Dogs OK, Number Limit, Size Limit
  • Association Fee: 500
  • Association Amenities: Elevator(s), Park, Restaurant, Tennis Court(s), Business Center, Laundry, Picnic Area
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: 601 Condominium
  • Management Contact Name: Candice Anderson
  • Management Phone: 312-326-2500

Fee Information

  • Association Fee Includes: Heat, Air Conditioning, Water, Security, Doorman, TV/Cable, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Lot Info

  • Lot Dimensions: Common
  • Special Assessments: U

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 50

Tax Info

  • Tax Annual Amount: 1366.97
  • Tax Year: 2024
  • Tax Exemptions: None

Multi Family

  • Units in Building: 315

Map

About Lake Meadows Condo

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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
2025 $1,058 $6,779 $1,259 $5,520
2024 $1,058 $6,779 $1,259 $5,520
2023 $1,031 $5,000 $1,017 $3,983
2022 $1,031 $5,000 $1,017 $3,983
2021 $1,008 $4,999 $1,017 $3,982
2020 $904 $4,060 $864 $3,196
2019 $892 $4,442 $864 $3,578
2018 $877 $4,442 $864 $3,578
2017 $811 $3,766 $762 $3,004
2016 $754 $3,766 $762 $3,004
2015 $690 $3,766 $762 $3,004
2014 $658 $3,546 $648 $2,898
2013 $517 $2,844 $648 $2,196
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/24/2026 02/24/26 Pending -- -- --
01/29/2026 01/29/26 For Sale $130,000 -- $299 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- --
Warranty Deed $60,000 Atgf Inc
Warranty Deed $52,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $54,000 Unknown
Previous Owner $47,100 No Value Available
Source: Public Records

About the Listing Agent

Miguel Perea
Miguel Perea

Open Path Realty

(872) 246-8751

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Source: Midwest Real Estate Data (MRED)

MLS Number: 12556526

Midwest Real Estate Data (MRED)

APN: 17-34-225-003-1101

Illinois Cook County Chicago 60616 Lake Meadows

601 E 32nd St Unit 503, Chicago, IL

Pending

Condos

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID

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Miguel Perea
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(872) 246-8751
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