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501 N Bishop St, Chicago, IL, 60642

$680,000

Home List Price

$8,075*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
1,800 SqFt
$378/SqFt
Townhouse

Location

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501 N Bishop St, Chicago$680,000

Buyer Closing Credits

$8,075*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
Attached Garage1 space
Year Built1999
HeatingNatural Gas, Forced Air
CoolingCentral Air
FireplaceWood Burning, Gas Starter
MLS #12161255
StatusActive

About 501 N Bishop St

Stylishly upgraded worry free River West Townhome with No HOA Fees! This townhome features a spacious, sun-drenched, airy layout with three bedrooms and 2.1 bathrooms, dark hardwood floors, and a completely renovated kitchen. The open-concept design allows for easy flow between the kitchen and living/dining room, leading to a large deck perfect for outdoor gatherings. The upper level boasts two spacious en-suite bedrooms with updated bathrooms. The lower level offers a versatile flex space that can serve as a 3rd bedroom/, home office, gym, family room, and has a convenient powder room. A full kitchen renovation was completed in 2022 with two tone custom maple and walnut cabinets, quartz countertops, range hood, sink/faucet, garbage disposal, under cabinet lighting, newer black stainless-steel appliances and smart ceiling fan (Big Ass Fan 2019). The master bathroom was fully renovated in 2024. The guest bathroom was updated in 2019. Further updates include new fiberglass entry door (2023), new kitchen transom window (2021), living room transom reglazing (2021), and all new railings (2019). Updated mechanicals include new A/C (2024), a 2 stage 96+ efficiency Furnace with a variable speed blower (2019), water heater (2018), washer & dryer (2017) and new water meter (2024). Exterior updates include new roof (2017), tuckpointing (2019), and a new composite deck (2018). The attached garage provides extra storage. Located on a corner with a sizable side yard, this perfect home is just steps from parks, restaurants, and easy access to West Loop, expressways and public transportation.

Property Details

Property Features

Property Information:

  • Year Built: 1999
  • Stories: 3
  • Living Area: 1,800 SqFt

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices Chicago
  • Office Phone: (312) 642-1400
  • Listing Agent: Ivona Kutermankiewicz

Interior Features

Interior Information:

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Range Hood
  • Basement: No
  • Interior: Vaulted/Cathedral Ceilings, Hardwood Floors, First Floor Laundry, Laundry Hook-Up in Unit, Storage
  • Fireplace: Wood Burning, Gas Starter

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Deck

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes

Lot Features

Lot Information:

  • Lot: Near Park

Utilities

Utilities Information:

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

School Info

Assigned Schools Information:

  • Wells Community Academy High School, Public District Grades 9-12
  • Otis Elementary School, Public District Grades KG-8

Other

Directions Information:

  • Directions: North of Grand Ave, 2 blocks East of Ashland, 1 block West of Noble

Price Information

Listing Price Info

Price Summary:

  • List Price: $680,000
  • Price Per SqFt: $378/SqFt

HOA Fees:

  • Amount: $0
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $8,072
  • Tax Year: 2019
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Housing Market Comparison

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

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Chicago, IL

City

Med. Sold Price

$360.3K

Med. Price/SqFt

$259

Avg. Days On Market

32

# of Sold Homes

1796

501 N Bishop St vs Chicago

53 DAYS ON ROCKET

+21 Days

$680,000

+$319.6K More

$378/SqFt

+$118 More

KEY TAKEAWAY

This property is $319.6K more than the Median Sold Price and $118/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: #12161255

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices Chicago
  • Office Phone: (312) 642-1400
  • Listing Agent: Ivona Kutermankiewicz

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.

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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: 11/4/2024, 3:15:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jan 13, 2015Home Sold
$400,000
Dec 27, 2005Home Sold
$415,000
Dec 27, 2005Home Sold
$415,000
Sep 22, 2003Home Sold
$350,000

Tax History

YEARPROP. TAXASSESSMENT
2019$8,072$43,604
2018$7,934$43,604
2017$8,208$41,505

History based on county public records data.

Payment Calculator

$3,461

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,105

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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.

Elementary School

school-card-donut-1550979
3
/10

  • Otis Elementary School

  • 525 N Armour St

  • 0.14 miles

  • Public District Grades KG-8

High School

school-card-donut-1550980
1
/10

  • Wells Community Academy High School

  • 936 N Ashland Ave

  • 0.60 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $79,505. The majority of Chicago, IL residents have income between $35k-100k annually. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 501 N Bishop St

What is the listing price of this property?

The listing price of 501 N Bishop St property is $680,000.

What type of property is this?

The property 501 N Bishop St is a townhouse located in Chicago, Illinois, 60642.

Is this property for sale now?

Active Listing: 501 N Bishop St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 501 N Bishop St are:
Otis Elementary School: GreatSchools Rating 3/10
Wells Community Academy High School: GreatSchools Rating 1/10

What is the annual property tax for this property?

According to the records, the last property tax for 2019 is $8,072 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on January 13, 2015 for $400,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 501 N Bishop St has 3 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 501 N Bishop St is 1,800 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 501 N Bishop St is 1999.

Rocket Homes›Illinois›Cook County›Chicago›60642›501 N Bishop St

This home is located at 501 N Bishop St in Chicago, IL and zip code 60642 in the West Town neighborhood. This 1,800 square foot home was built in 1999. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since September 12, 2024 and is currently priced at $680,000.

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. The number of listings 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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