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514 Properties Within 0.5 miles of: 55 E Cedar, Chicago
  • 1120 N Lake Shore Unit 9D, Chicago, IL 60611
    Chicago

    1120 N Lake Shore
    Unit 9D

    $350,000
    1 bed | 1 bath
    2 more available units at this address
    $898,000 Unit 17AB 4 bd / 3 ba
    $449,999 Unit 16C 2 bd / 2 ba
  • 1120 N Lake Shore Unit 16C, Chicago, IL 60611
    Chicago

    1120 N Lake Shore
    Unit 16C

    $449,999
    2 bed | 2 bath
    2 more available units at this address
    $898,000 Unit 17AB 4 bd / 3 ba
    $350,000 Unit 9D 1 bd / 1 ba
  • 1120 N Lake Shore Unit 17AB, Chicago, IL 60611
    Chicago

    1120 N Lake Shore
    Unit 17AB

    $898,000
    4 bed | 3 bath
    2 more available units at this address
    $449,999 Unit 16C 2 bd / 2 ba
    $350,000 Unit 9D 1 bd / 1 ba
  • 20 E Cedar Unit 17C, Chicago, IL 60611
    Chicago

    20 E Cedar
    Unit 17C

    $650,000
    2 bed | 2 bath
    1 more available unit at this address
    $850,000 Unit 6E 2 bd / 2 ½ ba
  • 20 E Cedar Unit 6E, Chicago, IL 60611
    Chicago

    20 E Cedar
    Unit 6E

    $850,000
    2 bed | 2½ bath
    1 more available unit at this address
    $650,000 Unit 17C 2 bd / 2 ba
  • 82 E Elm Unit 4, Chicago, IL 60611
    Chicago

    82 E Elm
    Unit 4

    $565,000
    2 bed | 1½ bath
  • 1040 N Lake Shore Unit 30A, Chicago, IL 60611
    Chicago

    1040 N Lake Shore
    Unit 30A

    $1,195,000
    3 bed | 3½ bath
    13 more available units at this address
    $2,850,000 Unit 25D 3 bd / 3 ½ ba
    $2,285,000 Unit 31A 3 bd / 3 ½ ba
    $2,075,000 Unit 11D 3 bd / 4 ½ ba
    $1,985,000 Unit 7C 3 bd / 3 ½ ba
    $1,935,000 Unit 6D 3 bd / 3 ½ ba
    $1,795,000 Unit 9D 3 bd / 4 ½ ba
    $1,599,000 Unit 4D 3 bd / 2 ½ ba
    $1,595,000 Unit 27A 3 bd / 4 ½ ba
    $1,595,000 Unit 15A 3 bd / 3 ½ ba
    $1,499,900 Unit 34B 2 bd / 2 ½ ba
    $1,495,000 Unit 29B 2 bd / 2 ½ ba
    $1,300,000 Unit 15D 3 bd / 4 ½ ba
    $1,295,000 Unit 6C 3 bd / 4 ½ ba
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More Listings Nearby

55 E Cedar
Chicago, IL 60611

  • 7 Beds
  • Built In 1891
55 E Cedar, Chicago, IL 60611
Price

$2,085,000

Est Payment
$13,568 / month (details)  
Taxes
$27,351  
Beds
7  
Rooms
21  
Type
Multi Unit  
Sq. Ft.
n/a  
Lot Size
27X72  
Built
1891  
Neighborhood
Gold Coast  
MLS
#10818451
Status
Cancelled
  • New
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Property Description

Great Investment opportunity in the Heart of the Gold Coast! This renovated brick 4 unit vintage building sits on an extra wide 27" lot & has all condo quality units with 10-11 ft ceilings, all hardwood floors, updated kitchens & baths, Venetian plaster moldings, large room sizes, central air, newer dual pane windows, keyless entry+ Nest thermostats. This GEM is the investment you've been waiting for, with added potential to convert into a grand single family home! All 4 units have been renovated with dishwashers & microwaves, plus include: 1 bed- 1 bath garden unit, two 2 bed -1 bath units on the first & second floors, and top floor (potential owner's unit) with 2 beds - 2 baths + a private deck with city views. Other highlights: 1 covered parking space, shared laundry & a workout room in the basement & outdoor decks for the tenants. All units are leased. Multiple possibilities for this property include:1) Continue cash flow as a long-term investment. 2).Turn back into a hotel / Airbnb. 3) Owner occupy & rent out additional units 4) Convert into a single-family home. 5) Convert into duplex 6) Purchase property at 57 E Cedar and own a double lot. Fantastic Gold Coast location just steps from Lake Shore Drive, Oak Street Beach, Michigan Avenue, One Mag Mile, Rush Street restaurants, shops and nightlife plus CTA Division Red line stop. More photos coming...

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Property Details

Utilities

  • Heating Gas, Forced Air
  • Cooling
  • Water Lake Michigan
  • Sewer Sewer-Public

Additional Information

Parking
Owned
Schools
Lincoln Park High School, Ogden International, Ogden International

Payment Calculator

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

Listing History

08-14-2020 Listed at $2,150,000
08-25-2020 Price decreased by $65,000 to $2,085,000
11-05-2020 Status changed to Cancelled
Last Modified 11/5/20 2:33 PM
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Nearby Transportation

  • Bus 151 0.1 mi
  • Bus 70 0.2 mi
  • Bus 143 0.2 mi
  • Bus 146 0.2 mi
  • Bus 147 0.2 mi
  • Bus 148 0.2 mi
  • Bus 36 0.2 mi
  • Bus 22 0.3 mi
  • Bus 157 0.3 mi
  • Bus 125 0.3 mi
  • Bus 10 0.3 mi
  • Bus 156 0.3 mi
  • Bus 66 0.4 mi
  • Bus 26 0.4 mi
  • Bus 3 0.4 mi
  • Red Line 0.3 mi
  • Brown Line 0.6 mi
  • Purple Line 0.6 mi
  • Green Line 1.2 mi
  • Pink Line 1.2 mi
  • Orange Line 1.2 mi
  • Blue Line 1.2 mi
  • ZipCar 0.1 mi
  • Maven 0.2 mi
  • I 90 East 0.9 mi
  • I 94 East 0.9 mi
  • I 90 West 0.9 mi
  • I 94 West 0.9 mi
  • I 290 East 2.0 mi
  • I 290 West 2.4 mi
  • I 55 South 3.4 mi
  • I 55 North 3.4 mi
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