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60 Properties Within 0.5 miles of: 1451 E 55th, Chicago
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  • 1700 E 56th Unit 2809, Chicago, IL 60637
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  • 1700 E 56th Unit 2909, Chicago, IL 60637
    $350,000
    2 bed | 2 bath
    4 more available units at this address
    $800,000 Unit 3201 3 bd / 3 ba
    $460,000 Unit 3609-3610 3 bd / 3 ba
    $339,900 Unit 2809 2 bd / 2 ba
    $280,000 Unit 801 3 bd / 3 ba
  • 1700 E 56th Unit 3609-3610, Chicago, IL 60637
    $460,000
    3 bed | 3 bath
    4 more available units at this address
    $800,000 Unit 3201 3 bd / 3 ba
    $350,000 Unit 2909 2 bd / 2 ba
    $339,900 Unit 2809 2 bd / 2 ba
    $280,000 Unit 801 3 bd / 3 ba
  • 1700 E 56th Unit 3201, Chicago, IL 60637
    $800,000
    3 bed | 3 bath
    4 more available units at this address
    $460,000 Unit 3609-3610 3 bd / 3 ba
    $350,000 Unit 2909 2 bd / 2 ba
    $339,900 Unit 2809 2 bd / 2 ba
    $280,000 Unit 801 3 bd / 3 ba
  • 5401 S Hyde Park Unit 903, Chicago, IL 60615
    $148,000
    1 bed | 1 bath
    1 more available unit at this address
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  • 5401 S Hyde Park Unit 705, Chicago, IL 60615
    $218,000
    2 bed | 2 bath
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1451 E 55th Unit 1030N
Chicago, IL 60615

  • 3 Beds
  • 2 Baths
  • 1,280 Sq. Ft.
  • Built In 1978
Price

$228,000

Est Payment
$2,573 / month (details)  
Taxes
$3,176  
Assessments
$1,100  
Beds
3  
Baths
2  
Rooms
4  
Type
Attached Single  
Sq. Ft.
1,280  
Lot Size
CONDO  
Built
1978  
Neighborhood
Hyde Park  
MLS
#12402529
Status
Active (49 days)

Property Description

This top-floor corner unit features 3 bedrooms and 2 bathrooms, and has been recently renovated. It is fully occupied under a stable two-year lease, making it a strong income-generating asset from day one. The unit's unique layout, partial lake views, and prime location make it an excellent opportunity for investors, especially those targeting University of Chicago student housing demand. A washer and dryer are included in the unit for added convenience. The building offers a range of desirable amenities, including a front desk with door staff, an outdoor pool, a health club, a community room, and storage. Garage parking is also included with the unit. The lease runs from May 15, 2025 to May 15, 2026 at $2,800 per month, and from May 15, 2026 to May 15, 2027 at $2,950 per month. With an existing 8 cap rate and low risk profile, this property presents a solid and promising turnkey investment.

Property Map

Property Details

Rooms

Room
Level
Flooring
Size
Living Room
N/A
Dining Room
N/A
Kitchen
Main
9X8
Family Room
N/A
Laundry
Main
4X4
Master Bedroom
Main
15X14
Bedroom 2
Main
12X12
Bedroom 3
Main
13X12
Bedroom 4
N/A

Utilities

  • Heating Natural Gas
  • Cooling Wall Unit(s)
  • Water Public
  • Sewer Public Sewer

Additional Information

Assessment Includes
Heat, Water, Gas, Parking, Insurance, Security, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
Pets Allowed
Cats OK, Dogs OK
Sub/Complex
Campus Hyde Park
Parking
103 Garage Spaces, On Site, Attached, Garage, Parking included in price
Schools
District 299, Kenwood Academy High School (299), Ray Elementary School (299)

Payment Calculator

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Principal & Interest
$0
Property Tax
$0
Assessments
$0
Home Insurance
$0
Mortgage Insurance
$0

Listing History

06-25-2025 Listed at $228,000
Last Modified 7/1/25 12:05 AM

Nearby Transportation

  • Bus 55 < 0.1 mi
  • Bus 171 0.1 mi
  • Bus 28 0.2 mi
  • Bus 15 0.2 mi
  • Bus 172 0.3 mi
  • Bus 192 0.3 mi
  • Bus 6 0.3 mi
  • Bus 2 0.3 mi
  • Bus 10 0.4 mi
  • Bus 59 0.6 mi
  • Bus 4 0.8 mi
  • Bus 47 1.0 mi
  • Bus 63 1.0 mi
  • Metra Electric 0.2 mi
  • ZipCar 0.3 mi
  • I 90 West 2.1 mi
  • I 94 West 2.1 mi
  • I 90 East 2.1 mi
  • I 94 East 2.1 mi
  • I 55 North 3.4 mi
  • I 55 South 3.4 mi
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