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  • $228,000

    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 poolUnique layoutPartial lake viewsTop-floor corner unit
    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.
    5 days
    on Zillow
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    Zillow last checked: 7 hours ago

    Listing updated: 13 hours ago

    Listing courtesy of:

    Tony Liu 312-285-2082,

    YOUMU VENTURES LLC

    Source: MRED as distributed by MLS GRID,MLS#: 12402529MLS Logo
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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: On Site, Attached, Garage
    • Attached garage spaces: 103
    Accessibility
    • Accessibility features: No Disability Access
    Features
    • Has view: Yes
    • View description: Side(s) of Property
    • 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: $149,990
    • Annual tax amount: $3,175
    • Date on market: 6/25/2025
    • Ownership: Condo
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