1451 E 55th St. #1030N

$227,999 Active · 103 days on market
3
beds
2
baths
1,280
sq ft
$178
per sq ft

About this unit

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 details

The facts that decide a tour — straight from MRED.

Monthly costs
HOA$1,100 / mo
HOA includesHeat, Water, Gas, Parking, Insurance, Security, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
Annual tax$3,997 (2024)
Rules & parking
ParkingYes, Attached, Garage
PetsCats OK, Dogs OK

What it costs each month

Live estimate. Tax based on Cook County 2024 effective rate. HOA pulled from the listing.

$227,999
$
20%$45,600
6.85%
30 years
Principal & interest$1,195 / mo
HOA$1,100 / mo
Property tax (est.)$333 / mo
All-in monthly$2,628

Estimate. Real rate depends on your lender, credit, and reserves. We'll connect you to a Chicago-based broker once you tour.

Listing history

The MLS trail for this unit — list events and price changes only.

May 14, 2026 Listed for sale $227,999current

About 1451 E 55th St.

A look at the building this unit is in.

1451 E 55th St.

Hyde Park condo
2 for sale · 0 for rent
For sale from $150K
View the building

Where it is

FAQ

Where do these listings come from?

Straight from the Midwest Real Estate Data (MRED) MLS, refreshed regularly — the same listings your buyer's agent sees, no curated subset.

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Can I rent in this building?

If owners are leasing units, the For Rent tab shows them. These are individual condo owners listing through the MLS, so lease terms and pet rules vary by unit.

How is this different from Redfin or Zillow?

Same MLS feed, different model — we don't sell your contact info or turn every click into a lead. One Dibze condo expert handles your whole search and represents you, not the seller.

Similar units in this building

Other listings on the same line, same floor, or close in size.

Recently sold in this building

Last 12 months of closed sales at 1451 E 55th St. — straight from MRED. For pricing context, not for tour.

Listed by Safwan Patel · YOUMU VENTURES LLC · MLS #MRD12648288 · MRED
Mino Conenna
Mino Conenna
Licensed IL broker · Chicago condo specialist
Online now · replies in minutes

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