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.
Active
$227,999
1451 E 55th St APT 1030N, Chicago, IL 60615
3beds
1,280sqft
Condominium, Single Family Residence
Built in 1978
-- sqft lot
$-- Zestimate®
$178/sqft
$1,100/mo HOA
What's special
Outdoor poolPartial lake viewsRecently renovatedTop-floor corner unit
- 66 days |
- 594 |
- 42 |
Zillow last checked:
Listing updated:
Listed by:
Safwan Patel 312-843-4997,
YOUMU VENTURES LLC,
Tony Liu 312-285-2082,
YOUMU VENTURES LLC
Source: MRED as distributed by MLS GRID,MLS#: 12648288
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: No additional rooms
Primary bedroom
- Features: Bathroom (Full)
- Level: Main
- Area: 210 Square Feet
- Dimensions: 15X14
Bedroom 2
- Level: Main
- Area: 144 Square Feet
- Dimensions: 12X12
Bedroom 3
- Level: Main
- Area: 156 Square Feet
- Dimensions: 13X12
Kitchen
- Level: Main
- Area: 72 Square Feet
- Dimensions: 9X8
Laundry
- Level: Main
- Area: 16 Square Feet
- Dimensions: 4X4
Heating
- Natural Gas
Cooling
- Wall Unit(s)
Features
- Basement: None
Interior area
- Total structure area: 0
- Total interior livable area: 1,280 sqft
Property
Parking
- Total spaces: 103
- Parking features: Yes, Attached, Garage
- Attached garage spaces: 103
Accessibility
- Accessibility features: No Disability Access
Features
- Has view: Yes
- View description: Side(s) of Property
- Has water view: Yes
- Water view: Side(s) of Property
Details
- Parcel number: 20142020761270
- Special conditions: None
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium, Single Family Residence
Materials
- Concrete
Condition
- New construction: No
- Year built: 1978
- Major remodel year: 2025
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Campus Hyde Park
HOA
- Has HOA: Yes
- Services included: Heat, Water, Gas, Parking, Insurance, Security, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
- HOA fee: $1,100 monthly
Location
- Region: Chicago
Financial & listing details
- Price per square foot: $178/sqft
- Tax assessed value: $198,360
- Annual tax amount: $3,997
- Date on market: 5/14/2026
- Ownership: Condo
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 5/13/2026 | Listing removed | $228,000$178/sqft |
Source:  MRED as distributed by MLS GRID #12402529 Report a problem | ||
| 12/26/2025 | Listed for sale | $228,000$178/sqft |
Source: MRED as distributed by MLS GRID #12402529 Report a problem | ||
| 11/19/2025 | Contingent | $228,000$178/sqft |
Source: MRED as distributed by MLS GRID #12402529 Report a problem | ||
| 6/25/2025 | Listed for sale | $228,000-11.6%$178/sqft |
Source: MRED as distributed by MLS GRID #12402529 Report a problem | ||
| 6/13/2025 | Listing removed | $258,000$202/sqft |
Source: MRED as distributed by MLS GRID #12311605 Report a problem | ||
| 4/21/2025 | Listed for sale | $258,000$202/sqft |
Source: MRED as distributed by MLS GRID #12311605 Report a problem | ||
| 3/29/2025 | Listing removed | $258,000$202/sqft |
Source: MRED as distributed by MLS GRID #12311605 Report a problem | ||
| 3/14/2025 | Listed for sale | $258,000+2357.1%$202/sqft |
Source: MRED as distributed by MLS GRID #12311605 Report a problem | ||
| 2/24/2025 | Listing removed | $2,800$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/4/2025 | Listed for rent | $2,800$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/9/2024 | Listing removed | $2,800$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/7/2024 | Listed for rent | $2,800+16.7%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/20/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 8/16/2022 | Listed for rent | $2,400+20%$2/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 2/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 10/28/2020 | Price change | $2,000+5.3%$2/sqft |
Source: Owner Report a problem | ||
| 9/27/2020 | Listed for rent | $1,900$1/sqft |
Source: Owner Report a problem | ||
| 3/10/2020 | Sold | $10,500-93.4%$8/sqft |
Source: Public Record Report a problem | ||
| 12/14/2019 | Price change | $158,665+0.1%$124/sqft |
Source: Auction.com Report a problem | ||
| 12/8/2019 | Price change | $158,4690%$124/sqft |
Source: Auction.com Report a problem | ||
| 12/6/2019 | Price change | $158,498+0%$124/sqft |
Source: Auction.com Report a problem | ||
| 12/4/2019 | Price change | $158,496+15.2%$124/sqft |
Source: Auction.com Report a problem | ||
| 12/1/2019 | Price change | $137,5940%$107/sqft |
Source: Auction.com Report a problem | ||
| 11/29/2019 | Listed for sale | $137,655$108/sqft |
Source: Auction.com Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $19,836 +32.2% |
| 2023 | $3,176 +2.9% | $14,999 |
| 2022 | $3,085 +2.3% | $14,999 |
| 2021 | $3,016 +67.4% | $14,999 +34% |
| 2020 | $1,802 +2.4% | $11,191 -8.2% |
| 2019 | $1,760 +1.8% | $12,187 |
| 2018 | $1,729 +5% | $12,187 +10.5% |
| 2017 | $1,647 -3.6% | $11,025 |
| 2016 | $1,708 +10.9% | $11,025 |
| 2015 | $1,540 -11.5% | $11,025 -18.3% |
| 2014 | $1,740 -11.9% | $13,493 |
| 2013 | $1,976 +38.4% | $13,493 |
| 2012 | $1,428 +25.5% | $13,493 -6.2% |
| 2011 | $1,138 -26.7% | $14,387 |
| 2010 | $1,552 +10% | $14,387 -4% |
| 2009 | $1,411 +36.9% | $14,986 +7.8% |
| 2008 | $1,031 +29.7% | $13,901 |
| 2007 | $795 +0.8% | $13,901 |
| 2006 | $789 -5.1% | $13,901 +51.7% |
| 2005 | $832 +1.9% | $9,165 |
| 2004 | $816 +4.5% | $9,165 |
| 2003 | $781 +21.3% | $9,165 +42.8% |
| 2002 | $644 -15.4% | $6,420 |
| 2001 | $761 -6.5% | $6,420 |
| 2000 | $814 +0.9% | $6,420 +3% |
| 1999 | $807 | $6,236 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Hyde Park
Nearby schools
GreatSchools rating
- 5/10Ray Elementary SchoolGrades: PK-8Distance: 0.3 mi
- 7/10Kenwood Academy High SchoolGrades: 7-12Distance: 0.6 mi
Schools provided by the listing agent
- Elementary: Ray Elementary School
- Middle: Kenwood Academy High School
- District: 299
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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