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$227,999
$1,150Reward *
1451 E 55th Street 1030N, Chicago, IL 60615Listing ID 12648288

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

Active
Campus Hyde Park
Time on site: 94 days • Last updated: May 20, 2026
Property Type
Property Type
Residential
Property Sub Type
Property Sub Type
-
Bedrooms
Bedrooms
3
Bathrooms
Bathrooms
2
Square Feet
Square Feet
1,280
Days on Site
Days on Site
95
Cooling
Cooling
Wall Unit(s)
Heating
Heating
Natural Gas
Year Built
Year Built
1978
Garages
Garages
103
Parking
Parking
Yes, Attached, Garage

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 Information

Property Details

Location

Address
1451 E 55th Street
County
Cook
City
Chicago
Zip Code
60615
Subdivision
Campus Hyde Park
School District
299
Elementary School
Ray Elementary School
MLS Area
CHI - Hyde Park

Interior Features

Beds and Baths

Bedrooms
3
Full Bathrooms
2

Building

Building Information

Square Feet
1,280
Year Built
1978
Construction
Concrete

Financial

Special Conditions
None

Property Taxes

Tax Annual Amount
$3,998
Tax Year
2024

Homeowner Association

HOA Fee
$1,100
HOA Fee Frequency
Monthly
YOUMU VENTURES LLC, (312) 285-2082

Market Report for 60615

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: MRED
MRED logo

Based on information submitted to the MLS GRID as of 16 Aug 2026, 10:35 PM UTC. 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. Some IDX listings have been excluded from this website.

For corrections to this data please contact Brytecore MLS Support.

MRD890694 • MRD894641