14 days on rocket

Backup Offers

1700 E 56th St Unit 2501, Chicago, IL, 60637

$420,000

Home List Price

$4,988*

Closing Credit

3 Bedrooms
3 Full Baths
1,648 SqFt
$255/SqFt
Condo
Schools Nearby

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

1700 E 56th St Unit 2501, Chicago$420,000

Buyer Closing Credits

$4,988*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeCondominium
Attached Garage1 space
Year Built1968
HeatingNatural Gas, Steam
CoolingCentral Air, Zoned
BasementYes
WaterfrontLake Front, Waterfront
MLS #12030900
StatusAccepting Backup Offers
(Contingent)

About 1700 E 56th St Unit 2501

Stunning total renovation of this 3BR/3BA corner unit that was made to be totally wheelchair accessible as well as being sleek and beautiful. Each room has a wall of windows overlooking Chicago's storied past from the 25th floor: the Lake, the Museum of Science and Industry, the Jackson Park Lagoons and now a direct view of the soon-to-open Barack Obama Center. Gray porcelain tile wends its way throughout the unit's floors with no thresholds to block the way. The kitchen has gray wood custom cabinets with large drawers below, a slide out spice cabinet, glass fronted cabinets to show off your prettiest things and high end stainless steel appliances. The bathrooms are beautifully tiled. The hall bath has a roll-in shower stall, glass door and easy to reach controls and sprayers for a comfortable seated shower experience. The other two bathrooms are ensuite with tub/shower combinations with glass doors and tiles to the ceilings. Each bedroom in this condo has generous proportions, but the primary bedroom at 18'3 x 11'6 with 4 large windows looking out to the sky, the parks and the museums has room for the biggest of bedroom furniture. The large walk-in closet has been outfitted with closet organizers to optimize the space. The sellers will be paying off the last of the special assessment that paid to replace all the windows in the unit. The new windows have rolling shades throughout. 1700 East 56th St. Condominiums has been a favorite building since it opened in the late 1960's. It still retains it modernist mid-century feel. Its location so close to both Lake Michigan and the University of Chicago makes it equally attractive to the academics walking or biking to campus and to the runners who leave the building in the early morning to jog under DuSable LSD at the underpass a block away and down the Lakefront Path to enjoy the sunrise over the city. The 24hr doormen and women are unfailingly friendly and professional. There is a garage right for one car in the heated garage INCLUDED in the price. The fitness room is right behind the doorman desk. The large laundry is on the 2nd floor. On the top floor is a party room with drop dead views and a catering kitchen available to be reserved by the residents for their next big soiree or book club meeting. Many don't know about the sundeck on the top floor with panoramic views and seating for enjoying the quiet high above the street. You don't have to work in Hyde Park to appreciate the location. The CTA bus to the Loop is right across the street from the building and the Metra station is just west at Lake Park. From Memorial Day to Labor Day, the #10 bus will whisk you from the Museum across the street into the Loop via DuSable LSD daily. Walk Score calls the location a bikers' and walkers' paradise. Trader Joe's and Walgreens are close by as are the restaurants, shops and bookstores that make Hyde Park a destination for the whole city. The University has a myriad of cultural and fun activities year around open to the public. And everyone is holding their breath to see what will be offered by the new Obama Center. Move in to this wonderful condo, and you'll have front row seats to all the excitement.

Property Details

Property Features

Property Information:

  • Year Built: 1968
  • Stories: 42
  • Living Area: 1,648 SqFt

Listing Office:

  • Office Name: The Margie Smigel Group, LLC
  • Office Phone: (312) 953-1466
  • Listing Agent: Margie Smigel

Interior Features

Interior Information:

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Stainless Steel Appliance(s), Cooktop, Oven, Electric Cooktop, Electric Oven, Range Hood
  • Basement: Yes
  • Interior: Elevator, First Floor Bedroom, First Floor Full Bath, Storage, Walk-In Closet(s), Center Hall Plan, Some Window Treatment, Dining Combo, Doorman, Lobby, Some Insulated Wndws, Replacement Windows

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Waterfront: Lake Front, Waterfront
  • Exterior: Storms/Screens, End Unit, Cable Access

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes

Lot Features

Lot Information:

  • Lot: Corner Lot, Waterfront, Landscaped, Near Park, Views

Utilities

Utilities Information:

  • Heating: Natural Gas, Steam
  • Cooling: Central Air, Zoned

School Info

Assigned Schools Information:

  • Kenwood Academy High School, Public District Grades 9-12
  • Harte Elementary School, Public District Grades PK-8

Other

Directions Information:

  • Directions: Lake Shore Dr. to 57th St., East to Hyde Park Blvd; North to 56th St., East to Bldg.

Price Information

Listing Price Info

Price Summary:

  • List Price: $420,000
  • Price Per SqFt: $255/SqFt

HOA Fees:

  • Amount: $1610
  • Frequency: Monthly
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Chicago, IL.

Map thumbnail provided by MapBox

Chicago, IL

City

Med. Sold Price

$346.4K

Med. Price/SqFt

$246

Avg. Days On Market

40

# of Sold Homes

1846

1700 E 56th St Unit 2501 vs Chicago

14 DAYS ON ROCKET

-26 Days

$420,000

+$73.5K More

$255/SqFt

+$8 More

KEY TAKEAWAY

This property is $73.5K more than the Median Sold Price and $8/SqFt more than other homes in Chicago, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MRED
  • MLS Number: #12030900

Listing Office:

  • Office Name: The Margie Smigel Group, LLC
  • Office Phone: (312) 953-1466
  • Listing Agent: Margie Smigel

IDX Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than the broker/agent who owns the website are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers.

All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

DIGITAL MILLENNIUM COPYRIGHT ACT (DMCA) NOTICE
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA") provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@theMLSGRID.co

The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/1/2024, 4:15:23 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$3,774

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,326

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4253822
4
/10

  • Harte Elementary School

  • 1556 E 56th St

  • 0.18 miles

  • Public District Grades PK-8

High School

school-card-donut-4253823
8
/10

  • Kenwood Academy High School

  • 5015 S Blackstone Ave

  • 0.77 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $49,720. Typical income of Chicago, IL residents is between $35k-100k annually. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1700 E 56th St Unit 2501

What is the listing price of this property?

The listing price of 1700 E 56th St Unit 2501 property is $420,000.

What type of property is this?

The property 1700 E 56th St Unit 2501 is a condo located in Chicago, Illinois, 60637.

Is this property for sale now?

Accepting Backup Offers: 1700 E 56th St Unit 2501 is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 1700 E 56th St Unit 2501 are:
Harte Elementary School: GreatSchools Rating 4/10
Kenwood Academy High School: GreatSchools Rating 8/10

How many bedrooms and bathrooms does this property have?

The property at 1700 E 56th St Unit 2501 has 3 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 1700 E 56th St Unit 2501 is 1,648 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1700 E 56th St Unit 2501 is 1968.

Rocket Homes›Illinois›Cook County›Chicago›60637›1700 E 56th St Unit 2501

This home is located at 1700 E 56th St Unit 2501 in Chicago, IL and zip code 60637 in the Hyde Park neighborhood. This 1,648 square foot home was built in 1968. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 17, 2024 and is currently priced at $420,000.

In March 2024, from all listings sold in Chicago, IL there were more than 612 sold above asking price, over 916 sold below and more than 317 were sold right at the asked price. In March 2024 in Chicago, IL there were 21.5% more homes for sale than in February 2024. The median list price of listings available in March 2024 was $346,470, while the average time on the real estate market was 40 days.

From Rocket Homes Real Estate and based on county public records data.

More Resources