NOT LISTED FOR SALE

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

Lake Meadows Neighborhood

Estimated Value: $120,599 - $134,000

Studio
1 Bath
435 Sq Ft
1958 Built

Sale Details

Date Sold: March 23, 2026

Last sale price $130,000 $299 Per Sq Ft

Current estimated payment $1,300 / mo

26 Days on Market

Highlights

  • Water Views
  • Business Center
  • Stainless Steel Appliances
  • Tennis Courts
  • Elevator
  • Living Room

About This Home

As of March 2026

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.

Last Agent to Sell the Property

Miguel Perea

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

Last Buyer's Agent

Miguel Perea

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

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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
  • 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: Closed
  • 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: No
  • Max Pet Weight: 50

Tax Info

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

Multi Family

  • Units in Building: 315

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
Jan 29, 2026
Closed on
Mar 12, 2026
Sold by
Bought by
Seller's Agent
Miguel Perea
Open Path Realty
Buyer's Agent
Miguel Perea
Open Path Realty
List Price
$130,000
Sold Price
$130,000
Views
132
Current Estimated Value
$129,400

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$600
Avg. Annual Appreciation
-1.28%
Original Mortgage
$126,100
Outstanding Balance
$125,748
Interest Rate
6.38%
Mortgage Type
New Conventional
Estimated Equity
$3,652

Purchase Details

Closed on
Feb 27, 2004
Sold by
Bought by

Purchase Details

Closed on
Jul 31, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Interest Rate
4%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 27, 1998
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Lake Meadows, IL

  • Kimberly Ingram Real Estate Agent - Coldwell Banker Realty

    Kimberly Ingram

    Coldwell Banker Realty

    (773) 917-0540

    88 Total Sales

    1 in Lake Meadows

    $110,000 Price

    Kimberly Ingram
     Section Image
  • Sheila Dantzler Real Estate Agent - Jameson Sotheby's Intl Realty

    Sheila Dantzler

    Responds Quickly

    Jameson Sotheby's Intl Realty

    (888) 618-0910

    136 Total Sales

    2 in Lake Meadows

    $172K - $700K Price Range

    Sheila Dantzler
     Section Image
  • Joseph Perez Real Estate Agent - Berkshire Hathaway HomeServices Chicago

    Joseph Perez

    Responds Quickly

    Berkshire Hathaway HomeServices Chicago

    (844) 803-2954

    69 Total Sales

    1 in Lake Meadows

    $440,000 Price

    Joseph Perez
     Section Image
  • Shirley Amico Real Estate Agent - Berkshire Hathaway HomeServices Chicago

    Shirley Amico

    Berkshire Hathaway HomeServices Chicago

    (844) 491-4866

    22 Total Sales

    5 in Lake Meadows

    $140K - $265K Price Range

    Shirley Amico
     Section Image
  • Lucas Kristen Real Estate Agent - onPointe Real Estate

    Lucas Kristen

    onPointe Real Estate

    (833) 215-4069

    72 Total Sales

    4 in Lake Meadows

    $120K - $150K Price Range

    Lucas Kristen
     Section Image
  • Heidie Maslo Real Estate Agent - @properties Christie's International Real Estate

    Heidie Maslo

    @properties Christie's International Real Estate

    (833) 368-3570

    61 Total Sales

    2 in Lake Meadows

    $144K - $175K Price Range

    Heidie Maslo
     Section Image
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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
$130,000 Lakeshore Title
-- --
$60,000 Atgf Inc
$52,500 --
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 $126,100
Closed $10,000
Previous Owner $54,000
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
03/23/2026 03/23/26 Sold $130,000 0.0% $299 / 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)

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 $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

Agents Affiliated with this Home

  • Miguel Perea Real Estate Agent - Open Path Realty

    Seller's Agent in 2026

    Miguel Perea

    Open Path Realty

    (773) 814-6006

    1 in this area

    43 Total Sales

    Miguel Perea
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About Lake Meadows Condo

Map

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

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) 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.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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