$227,999

beds

baths

1,280

square ft

1451 E 55th Street #1030N

Chicago, Illinois 60615

New / MLS #12648288 / Condo / Hyde Park

Listing information updated 5/15/2026 at 6:04am

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.

Full Features

Exterior Type:

Concrete

Basement:

None

Beds Above Grade:

Cooling System:

Wall Unit(s)

Heating System:

Natural Gas

Main Level Primary Bedroom:

Yes

Pool:

Age:

41-50 Years

Parking Type:

Garage - Yes,Attached,Garage

Parking Spaces:

103

Garage:

Attached

Room Count:

Water Front:

Square Feet:

1,280

Pet Information:

Cats OK, Dogs OK

Room Information

Living Room:

N/A

Dining Room:

N/A

Kitchen:

9x8 - Main

Family Room:

N/A

Primary Bedroom:

15x14 - Main Level

2nd Bedroom:

12x12 - Main

3rd Bedroom:

13x12 - Main

4th Bedroom:

N/A

Laundry:

4x4 - Main Level

Taxes & Assessments

Tax Amount:

$3,175

Tax Year:

2023

Assessments:

$1,100 / month

Location

Zip Code:

60615

City:

Chicago

County:

Cook

Schools

School District(s):

299

Elementary School:

Ray Elementary School

Middle School:

Kenwood Academy High School

High School:

N/A

Exterior Type:

Concrete

Basement:

None

Beds Above Grade:

Cooling System:

Wall Unit(s)

Heating System:

Natural Gas

Main Level Primary Bedroom:

Yes

Pool:

Age:

41-50 Years

Parking Type:

Garage - Yes,Attached,Garage

Parking Spaces:

103

Garage:

Attached

Room Count:

Water Front:

Square Feet:

1,280

Pet Information:

Cats OK, Dogs OK

Living Room:

N/A

Dining Room:

N/A

Kitchen:

9x8 - Main

Family Room:

N/A

Primary Bedroom:

15x14 - Main Level

2nd Bedroom:

12x12 - Main

3rd Bedroom:

13x12 - Main

4th Bedroom:

N/A

Laundry:

4x4 - Main Level

Tax Amount:

$3,175

Tax Year:

2023

Assessments:

$1,100 / month

Zip Code:

60615

City:

Chicago

County:

Cook

School District(s):

299

Elementary School:

Ray Elementary School

Middle School:

Kenwood Academy High School

High School:

N/A

Listing Office: YOUMU VENTURES LLC

Listing Office Phone: 312.285.2082

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 5/15/2026 at 6:04am. 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 listings have been excluded from this website.