Chicago, IL 60615 1451 E 55th Street # 1030N

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Presented By: YOUMU VENTURES LLC
  • MLS# 12402529
  • 06/25/2025
  • Request Tour
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  • Beds • 3
  • Baths • 2
  • SQFT • 1,280
  • Garage • 103

Home Details

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.
Presented By: YOUMU VENTURES LLC

Interior Features for 1451 E 55th Street # 1030N

Bedrooms

Bedrooms Possible3
Total Bedrooms3

Bathrooms

Half Baths0
Total Baths2

Other Interior Features

LivingAreaSourceEstimated
BasementNone
Total Number of Units270
Total Stories1

Other Rooms

Room TypeNo additional rooms

General for 1451 E 55th Street # 1030N

Additional Parcels Y/NNo
Assoc Fee Paid PerMonthly
Association Fee IncludesHeat, Water, Gas, Parking, Insurance, Security, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
CityChicago
Construction MaterialsConcrete
CoolingWall Unit(s)
CountyCook
DirectionsLocated 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.
Elementary SchoolRay Elementary School
Elementary School District299
Full Baths2
Garage Spaces103
HOA Fee$1100
HeatingNatural Gas
High School District299
MLS AreaCHI - Hyde Park
Middle/Junior High SchoolKenwood Academy High School
Middle/Junior School District299
ModificationTimestamp2025-07-01T05:07:45.075Z
New ConstructionNo
OwnershipCondo
Pets AllowedCats OK, Dogs OK
PossessionLease Out Stand
Property TypeResidential
Property TypeAttached Single
SewerPublic Sewer
Standard StatusActive
StatusActive
Sub TypeCondo
Subdivision NameCampus Hyde Park
Tax Annual Amount3175.92
Tax Year2023
Total Rooms4
TownshipHyde Park
Unit Number1030N
Year Built1978

Exterior for 1451 E 55th Street # 1030N

Lot DimensionsCONDO
Parking FeaturesOn Site, Attached, Garage
Total Parking103
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Schools

Middle School Kenwood Academy High School
Elementary School Ray Elementary School
High School N/A

Client Care

Price $228,000
MLS#12402529
List Date 06/25/2025
Property Type Condos
Phone 847.485.2500
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