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Backup Offers

5534 S Dorchester Ave Unit 2, Chicago, IL, 60637

$229,000

Home List Price

$2,719*

Closing Credit

2 Bedrooms
1 Full Bath
1,180 SqFt
$194/SqFt
Condo
Schools Nearby

Location

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5534 S Dorchester Ave Unit 2, Chicago$229,000

Buyer Closing Credits

$2,719*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Year Built1916
HeatingNatural Gas, Steam, Radiant
FireplaceGas Log, Gas Starter
MLS #11968700
StatusAccepting Backup Offers
(Contingent)

About 5534 S Dorchester Ave Unit 2

Natural light-filled spacious 2 bedroom, 1 bathroom second floor condo located in the heart of Hyde Park! Conveniently situated on a charming tree-lined street near the University of Chicago campus and downtown Hyde Park. The welcoming entry foyer is the center of the home. Turn to the right into the spacious living room that features a cozy gas fireplace with built-in shelving on either side. Continue into a cozy 4-season sunroom that brings in natural sunlight from the north, south, and east exposures. Ideal for an office space or sitting area. The sunroom has French doors that open into the master bedroom. The master has a convenient walk-in closet and door into the hallway that leads to the full bathroom and second bedroom. The hallway enters back into the foyer that leads to the dining room at the other end of the long foyer. The dining room features a wall of large windows with plenty of room for a large dining table and chairs, perfect for entertaining. The dining room leads into the kitchen with enough room for a small dinette. The condo features hardwood floors throughout and ceiling fans in the dining room and master bedroom. Monthly assessment includes heat, water, trash removal from rear porch, common areas maintenance and landscaping, free laundry and additional storage in the common area street level. The HOA owns four garage parking spaces available to owners via waitlist. Free street parking. Small 9-unit condo association. Cats allowed, no dogs. Walking distance to University of Chicago campus, restaurants, shops, and transportation. Owner-occupants only, no rentals allowed. Jump on this wonderful opportunity in Hyde Park and make this condo your own!

Property Details

Property Features

Property Information:

  • Year Built: 1916
  • Stories: 3
  • Living Area: 1,180 SqFt

Listing Office:

  • Office Name: Keller Williams Infinity
  • Office Phone: (630) 778-5800
  • Listing Agent: Lori Swanson

Interior Features

Interior Information:

  • Appliances: Range, Refrigerator, Gas Cooktop, Intercom, Range Hood
  • Basement: No
  • Interior: Hardwood Floors, Walk-In Closet(s), Drapes/Blinds, Separate Dining Room
  • Fireplace: Gas Log, Gas Starter

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Lot Features

Lot Information:

  • Lot: Sidewalk

Utilities

Utilities Information:

  • Heating: Natural Gas, Steam, Radiant

School Info

Assigned Schools Information:

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

Other

Directions Information:

  • Directions: Lake Shore drive to 55th Street, follow loop around to 55th Place, immediately turn right on Dorchester, building is 1/2 block down on right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $229,000
  • Price Per SqFt: $194/SqFt

HOA Fees:

  • Amount: $553
  • Frequency: Monthly
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Housing Market Comparison

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

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Chicago, IL

City

Med. Sold Price

$346.4K

Med. Price/SqFt

$246

Avg. Days On Market

40

# of Sold Homes

1846

5534 S Dorchester Ave Unit 2 vs Chicago

59 DAYS ON ROCKET

+19 Days

$229,000

-$117.4K Less

$194/SqFt

-$53 Less

KEY TAKEAWAY

This property is $117.4K less than the Median Sold Price and $53/SqFt less than other homes in Chicago, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MRED
  • MLS Number: #11968700

Listing Office:

  • Office Name: Keller Williams Infinity
  • Office Phone: (630) 778-5800
  • Listing Agent: Lori Swanson

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/30/2024, 12:45:20 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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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-3551968
5
/10

  • Ray Elementary School

  • 5631 S Kimbark Ave

  • 0.17 miles

  • Public District Grades PK-8

High School

school-card-donut-3551969
8
/10

  • Kenwood Academy High School

  • 5015 S Blackstone Ave

  • 0.66 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 $73,052. The most common annual income of people living in Chicago, IL is between $35k-100k. Most families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5534 S Dorchester Ave Unit 2

What is the listing price of this property?

The listing price of 5534 S Dorchester Ave Unit 2 property is $229,000.

What type of property is this?

The property 5534 S Dorchester Ave Unit 2 is a condo located in Chicago, Illinois, 60637.

Is this property for sale now?

Accepting Backup Offers: 5534 S Dorchester Ave Unit 2 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 5534 S Dorchester Ave Unit 2 are:
Ray Elementary School: GreatSchools Rating 5/10
Kenwood Academy High School: GreatSchools Rating 8/10

How many bedrooms and bathrooms does this property have?

The property at 5534 S Dorchester Ave Unit 2 has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 5534 S Dorchester Ave Unit 2 is 1,180 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5534 S Dorchester Ave Unit 2 is 1916.

Rocket Homes›Illinois›Cook County›Chicago›60637›5534 S Dorchester Ave Unit 2

This home is located at 5534 S Dorchester Ave Unit 2 in Chicago, IL and zip code 60637 in the Hyde Park neighborhood. This 1,180 square foot home was built in 1916. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since March 01, 2024 and is currently priced at $229,000.

While more than 612 listings in Chicago, IL in March 2024 were sold above asking price, there were more than 317 listings sold at asking price, and more than 916 were sold below. The inventory of homes for sale in Chicago, IL between February 2024 and March 2024 increased by 21.5%. Listings spent 40 days on the market in March 2024, and had a median list price of $346,470 during the same period.

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

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