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 Details
Price:
$227,999
MLS #:
MRD12648288
Status:
Active
Beds:
3
Baths:
2
Type:
Condo
Subdivision:
Campus Hyde Park
Neighborhood:
chihydepark
Listed Date:
May 14, 2026
Finished Sq Ft:
1,280
Year Built:
1978
See this Listing
Schools
School District:
299
Elementary School:
Ray Elementary School
Middle School:
Kenwood Academy High School
Interior
Bathrooms
2 Full Bathrooms
Cooling
Wall Unit(s)
Heating
Natural Gas
Exterior
Construction Materials
Concrete
Garage Spaces
103
Parking Features
Yes, Attached, Garage
Parking Spots
103
Parking Total
103
Financial
HOA Fee
$1,100
HOA Fee Frequency
Monthly
HOA Includes
Heat, Water, Gas, Parking, Insurance, Security, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
Tax Year
2024
Taxes
$3,998
Map
Community
- Address1451 E 55th Street #1030N Chicago IL
- SubdivisionCampus Hyde Park
- CityChicago
- CountyCook
- Zip Code60615
Market Summary
Property Summary
- Located in the Campus Hyde Park subdivision, 1451 E 55th Street #1030N Chicago IL is a Condo for sale in Chicago, IL, 60615. It is listed for $227,999 and features 3 beds, 2 baths, and has approximately 1,280 square feet of living space, and was originally constructed in 1978. The current price per square foot is $178. The average price per square foot for Condo listings in Chicago is $375. The average listing price for Condo in Chicago is $639,419.
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1451 E 55th Street #1030N
Chicago, IL


