new - 12 hours on rocket

1700 E 56th St Unit 705, Chicago, IL, 60637

$175,000

Home List Price

$2,078*

Closing Credit

1 Bedroom
1 Full Bath
750 SqFt
$233/SqFt
Condo

Location

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1700 E 56th St Unit 705, Chicago$175,000

Buyer Closing Credits

$2,078*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Attached Garage1 space
Year Built1968
HeatingSteam, Baseboard
MLS #12213867
StatusActive
(New)

About 1700 E 56th St Unit 705

Attention Investors!! Excellent choice for anyone looking for a great, turnkey investment opportunity!! This sun drenched one-bedroom, one-bathroom well-maintained condo is occupied by a stable, long-term tenant, who is very interested in continuing as a tenant. This tastefully decorated home features newer windows, stove, and refrigerator. It is in one of Hyde Park's premier full-service buildings whose amenities include a 24-hour doorman, heated garage with 24-hour valet parking, indoor guest parking, fitness room, penthouse party room, roof top viewing, laundry room, bike storage room, 24-hour building engineer, and a storage locker! Located only minutes away from the University of Chicago and steps away from downtown transportation, Lake Michigan, the Museum of Science and Industry, shopping, dining, parks and the upcoming Obama Center. The Property is being sold "As-Is", the Seller will not make any repairs. Schedule your Showing today!

Property Details

Property Features

Property Information:

  • Year Built: 1968
  • Stories: 40
  • Living Area: 750 SqFt

Listing Office:

  • Office Name: EXIT Strategy Realty
  • Office Phone: (312) 554-5478
  • Listing Agent: William Bates Jr

Interior Features

Interior Information:

  • Appliances: Range, Microwave, Dishwasher, Refrigerator
  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes

Utilities

Utilities Information:

  • Heating: Steam, Baseboard

Other

Directions Information:

  • Directions: Lake Shore Dr to 57th, N to 56th St, E to Address.

Price Information

Listing Price Info

Price Summary:

  • List Price: $175,000
  • Price Per SqFt: $233/SqFt

HOA Fees:

  • Amount: $748
  • 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

1700 E 56th St Unit 705 vs Chicago

1 DAY ON ROCKET

-31 Days

$175,000

-$185.3K Less

$233/SqFt

-$27 Less

KEY TAKEAWAY

This property is $185.3K less than the Median Sold Price and $27/SqFt less than other homes in Chicago, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MRED
  • MLS Number: #12213867

Listing Office:

  • Office Name: EXIT Strategy Realty
  • Office Phone: (312) 554-5478
  • Listing Agent: William Bates Jr

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

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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.

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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: 11/22/2024, 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-820986
5
/10
  • Shoesmith Elementary School

  • 1330 E 50th St

  • 0.97 miles

  • Public District Grades KG-6

school-card-donut-820987
4
/10
  • Univ of Chicago Charter-Nth Kenwood

  • 1119 E 46th St

  • 1.44 miles

  • Public Charter Grades PK-5

school-card-donut-820988
7
/10
  • Woodlawn Elementary Community School

  • 6657 S Kimbark Ave

  • 1.47 miles

  • Public District Grades PK-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $49,720. Residents of Chicago, IL typically earn between $35k-100k each year. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1700 E 56th St Unit 705

What is the listing price of this property?

The listing price of 1700 E 56th St Unit 705 property is $175,000.

What type of property is this?

The property 1700 E 56th St Unit 705 is a condo located in Chicago, Illinois, 60637.

Is this property for sale now?

Active Listing: 1700 E 56th St Unit 705 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 1700 E 56th St Unit 705 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 1700 E 56th St Unit 705 is 750 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1700 E 56th St Unit 705 is 1968.

Rocket Homes›Illinois›Cook County›Chicago›60637›1700 E 56th St Unit 705

This home is located at 1700 E 56th St Unit 705 in Chicago, IL and zip code 60637 in the Hyde Park neighborhood. This 750 square foot home was built in 1968. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since November 22, 2024 and is currently priced at $175,000.

Chicago, IL housing market in October 2024 saw over 539 listings sold above listed price, more than 337 sold at listed price and over 919 sold below. The number of homes for sale in Chicago, IL increased by 14.5% between September 2024 and October 2024. In October 2024, listings were on the market for 32 days. During the same period, the median list price in this real estate market was $360,336.

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

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