1451 E 55th Street # 1030N Chicago, IL $ 228,000
1451 E 55th Street # 1030N
$ 228,000
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1451 E 55th Street # 1030N

Chicago, IL, 60615
$ 228,000
Bedrooms3 Baths2.0 Sq 1,280

Monthly Estimate*

$ 1,422

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Condo for sale in Chicago, IL

for $228,000 with 3 bedrooms and 2 full baths. This 1,280 square foot condo was built in 1978.

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.

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Condo Contingent

Price

$ 228,000

Bedrooms

3

Full Bath

2

Property Type

Condo

Taxes

$ 3,175

Style

Condo

Year Built

1978

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12402529

Features
General
Living Area 1280
Sewer Public Sewer
Heating Natural Gas
Cooling Wall Unit(s)
Possession Lease Out Stand
HOA Fee 1100
Garage Spaces 103
Association Fee Includes Heat Water Gas Parking Insurance Security Pool Exterior Maintenance Lawn Care Scavenger Snow Removal
Construction Materials Concrete
Pets Allowed Cats OK Dogs OK
Year Built 1978
Township Hyde Park
Unit Number 1030N
Tax Year 2023
Ownership Condo
Assoc Fee Paid Per Monthly
County Cook
New Construction N
Property Type Residential Attached Single
Contingency Attorney/Inspection
Subdivision Name Campus Hyde Park
Total Rooms 4
Full Baths 2
Status Contingent
Directions Located in Hyde Park just east of S Lake Park Ave on E 55th St. The building is on the north side of the street. Easily accessible from Lake Shore Drive or I-90/94. Near Metra and CTA bus stops.
City Chicago
High School District 299
MLS Area CHI - Hyde Park
Elementary School Ray Elementary School
Tax Annual Amount 3175.92
Middle/Junior High School Kenwood Academy High School
Additional Parcels Y/N N
Standard Status Active Under Contract
Middle/Junior School District 299
Elementary School District 299
Sub Type Condo
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Interior
Basement None
Total Stories 1
Half Baths 0
Total Bedrooms 3
Room Type No additional rooms
Total Baths 2
Bedrooms Possible 3
Total Number of Units 270
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Exterior
Parking Features Yes Attached Garage
Water Source Public
Total Parking 103
Lot Dimensions CONDO
Waterfront Y/N N
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* Excluded Features
List By
Youmu Ventures Llc

Broker

tony@yomuventures.com

Email

Affordability Calculator

$1,687
Per Month
84%
16%
0%
Monthly Principal & Interest
$1,422
Monthly Property Taxes
$265
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565578 Elementary School
565194 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/25/2025$228,000 Listed Price

Map


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1451 E 55th Street # 1030N, Chicago, IL, 60615 is a Condo for sale at $228,000 with 1,280 sqft. 1451 E 55th Street # 1030N has 3 bedrooms, 2.0 baths, and was built in 1978. The property's zip code is 60615 which is in Chicago, IL