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Backup Offers

1550 S Indiana Ave Unit 411, Chicago, IL, 60605

$250,000

Home List Price

$2,969*

Closing Credit

1 Bedroom
1 Full Bath
825 SqFt
$303/SqFt
Condo

Location

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1550 S Indiana Ave Unit 411, Chicago$250,000

Buyer Closing Credits

$2,969*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Attached GarageYes
HeatingNatural Gas, Forced Air
CoolingCentral Air
FireplaceGas Log
MLS #12161081
StatusAccepting Backup Offers
(Contingent)

About 1550 S Indiana Ave Unit 411

Welcome to urban living at its finest at the Penthouse Lofts! This 1 bed/1 bath is located in one of the best parts of the South Loop and offers 825 square feet of modern comfort. Step into this inviting space featuring exposed brick, hardwood floors, and a cozy fireplace. The spacious open-concept layout includes a completely renovated kitchen featuring all new appliances, a wine fridge, quartz countertops, and eat-in seating at your large island. Soaring 14' ceilings throughout offer an additional wow factor that draws you to your private balcony where you can sit and enjoy stunning city views or the fireworks display that takes place every Wednesday and Saturday night in summer months. The primary bedroom has room for a king-sized bed plus furniture. Ample closet space throughout plus additional storage room with a convenient side-by-side washer and dryer. Primary bath with large soaking tub. Exterior prime deeded parking sold for an additional price. Excellent location within walking distance of the museum campus, Millennium Park, public transportation, and restaurants like Weather Mark and Victory Tap. Pristine, move-in ready unit perfect for a first-time homebuyer or great for investment property in the city!

Property Details

Property Features

Property Information:

  • Stories: 1
  • Living Area: 825 SqFt

Listing Office:

  • Office Name: Compass
  • Office Phone: (773) 466-7150
  • Listing Agent: Christina Powers

Interior Features

Interior Information:

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: No
  • Interior: Hardwood Floors, First Floor Bedroom, First Floor Laundry, First Floor Full Bath, Laundry Hook-Up in Unit, Walk-In Closet(s), Open Floorplan
  • Fireplace: Gas Log

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Exterior: Balcony

Parking Information:

  • Attached Garage: Yes

Lot Features

Lot Information:

  • Lot: Landscaped

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: South of Roosevelt on Indiana to property on westside of street

Price Information

Listing Price Info

Price Summary:

  • List Price: $250,000
  • Price Per SqFt: $303/SqFt

HOA Fees:

  • Amount: $377
  • Frequency: Monthly
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Housing Market Comparison

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

Med. Sold Price

$360.3K

Med. Price/SqFt

$259

Avg. Days On Market

32

# of Sold Homes

1796

1550 S Indiana Ave Unit 411 vs Chicago

63 DAYS ON ROCKET

+31 Days

$250,000

-$110.3K Less

$303/SqFt

+$43 More

KEY TAKEAWAY

This property is $110.3K less than the Median Sold Price and $43/SqFt more than other homes in Chicago, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MRED
  • MLS Number: #12161081

Listing Office:

  • Office Name: Compass
  • Office Phone: (773) 466-7150
  • Listing Agent: Christina Powers

IDX Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID.

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.

IDX Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than the broker/agent who owns the website are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers.

All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

DIGITAL MILLENNIUM COPYRIGHT ACT (DMCA) NOTICE
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA") provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@theMLSGRID.co

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Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/14/2024, 11:45:52 PM 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.

Nearby Schools

school-card-donut-429363
4
/10
  • Cooper Elementary Academy

  • 1624 W 19th St

  • 2.34 miles

  • Public District Grades PK-5

school-card-donut-429364
5
/10
  • Univ of Chicago Charter-Donoghue

  • 707 E 37th St

  • 2.39 miles

  • Public Charter Grades PK-5

school-card-donut-429365
10
/10
  • Bronzeville Classical Elementary School

  • 8 W Root St

  • 2.81 miles

  • Public District Grades KG-4

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $76,534. Most Chicago, IL residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1550 S Indiana Ave Unit 411

What is the listing price of this property?

The listing price of 1550 S Indiana Ave Unit 411 property is $250,000.

What type of property is this?

The property 1550 S Indiana Ave Unit 411 is a condo located in Chicago, Illinois, 60605.

Is this property for sale now?

Accepting Backup Offers: 1550 S Indiana Ave Unit 411 is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

How many bedrooms and bathrooms does this property have?

The property at 1550 S Indiana Ave Unit 411 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 1550 S Indiana Ave Unit 411 is 825 SqFt (source: MLS/tax record).

Rocket Homes›Illinois›Cook County›Chicago›60605›1550 S Indiana Ave Unit 411

This home is located at 1550 S Indiana Ave Unit 411 in Chicago, IL and zip code 60605 in the Near South Side neighborhood. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since September 12, 2024 and is currently priced at $250,000.

Over 539 listings were sold over their listed price in October 2024 in Chicago, IL. In the same period over 919 listings were sold below the listed price and 337 listings were sold for the listed price. In October 2024 in Chicago, IL there were 14.5% more homes for sale than in September 2024. The median list price of listings available in October 2024 was $360,336, while the average time on the real estate market was 32 days.

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

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