1451 E 55th Street 1030N Chicago, IL 60615
Listing Courtesy of: MLS LogoMidwest Real Estate Data / Youmu Ventures LLC

  1451 E 55th Street 1030N Chicago, IL 60615

Contingent (159 Days)
$228,000 (USD)
3
BED
2
BATH
1,280
SQFT

Description

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.

MLS #:
12402529
Taxes
$3,176(2023)
Type
Condo
Year Built
1978
School District
299
County
Cook County
Community
Campus Hyde Park

Listed By

Xiansong Liu, Youmu Ventures LLC
Source
Midwest Real Estate Data as distributed by MLS Grid
Last checked Dec 1 2025 at 1:16 AM GMT+0000
Bathroom Details
  • Full Bathrooms: 2
Subdivision
  • Campus Hyde Park
Heating and Cooling
  • Natural Gas
  • Wall Unit(s)
Homeowners Association Information
  • Dues: $1100/Monthly
Utility Information
  • Utilities: Water Source: Public
  • Sewer: Public Sewer
School Information
  • Elementary School: Ray Elementary School
  • Middle School: Kenwood Academy High School
Parking
  • Attached
  • Garage
  • Yes
Stories
  • 1
Living Area
  • 1,280 sqft
Location
   
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Disclaimer: Based on information submitted to the MLS GRID as of 4/20/22 08:21. All data is obtained from various sources and may not have been verified by broker or MLSGRID. Supplied Open House Information is subject to change without notice. All information should beindependently reviewed and verified for accuracy. Properties may or may not be listed by the office/agentpresenting the information. Properties displayed may be listed or sold by various participants in the MLS. All listing data on this page was received from MLS GRID.