Seller's Agent in 2026
Miguel Perea
Open Path Realty
(773) 814-6006
1 in this area
44 Total Sales
Lake Meadows Condo 601 E 32nd St Unit 503 Floor 5 Chicago, IL 60616
Lake Meadows Neighborhood
Studio
1
Bath
435
Sq Ft
1958
Built
Highlights
- Water Views
- Business Center
- Stainless Steel Appliances
- Tennis Courts
- Elevator
- 4-minute walk to Groveland Park
About This Home
As of March 2026Enjoy 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
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
- 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
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 29, 2026
Closed on
Mar 12, 2026
Sold by
Nikita Nossov
Bought by
Meraz Lorenzo
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-58.39%
Original Mortgage
$126,100
Outstanding Balance
$126,100
Interest Rate
6.38%
Mortgage Type
New Conventional
Estimated Equity
-$4,907
Purchase Details
Closed on
Feb 27, 2004
Sold by
Nossova Raissa
Bought by
Nossova Raissa and Nossov Nikita
Purchase Details
Closed on
Jul 31, 2003
Sold by
Prince Philander and Prince Lillie L
Bought by
Nossova Raissa
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
Lake Meadows Iii Llc
Bought by
Prince Philander and Prince Lillie L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,100
Interest Rate
7.19%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $130,000 | Lakeshore Title | |
| 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 | $126,100 | New Conventional | |
| Closed | $10,000 | New Conventional | |
| Previous Owner | $54,000 | Unknown | |
| Previous Owner | $47,100 | No Value Available |
Source: Public Records
Property History
| 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
| 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
About Lake Meadows Condo
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12556526
APN: 17-34-225-003-1101
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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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