1451 E 55th St 1030N, Chicago, IL 60615
- Beds
- 3
- Baths
- 2
- Sqft
- 1,280
- Garage
- Yes
- Pool
- Yes
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Overview
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.
Location
Full feature list
Basic info
- Property type
- Other residential
- Number of bedrooms
- 3
- Number of bathrooms
- 2
- Square feet
- 1,280
- Year built
- 1978
Exterior features
- Pool
- Yes
- Horse amenities
- Stable
Garage and parking
- Garage parking spaces
- 103
Utilities
- Heating
- Natural Gas
- Cooling
- Wall Units
- Sewer
- Public Sewer
- Water
- Public Water
Estimated monthly costs
- HOA Fees
- $1,100
Taxes
- Tax Annual Amount (2024)
- $3,997.61
Public schools
Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.
Sourced from: Midwest Real Estate Data (MRED) MLS®#: 12648288 Last checked: …

Based on information submitted to the MLS GRID as of . 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.