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    1400 E 55Th Pl, Unit 1010S Chicago, IL 60637

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    For Sale
    $140,000

    Fully renovated studio near University of Chicago and local amenities.

    Property Features for 1400 E 55Th Pl

    General Information

    Interior features
    1, : "Wall Unit(s)", "2": "Natural Gas"

    Source: Berkshire Hathaway HomeServices Chicago Agent Yanfei Hu

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated Studio in Hyde Park

    This fully renovated studio apartment is located in the Hyde Park building, designed by architect I. M. Pei. Situated on an upper floor, the home features a bright and open layout. It has been recently renovated and includes new vinyl flooring, an open kitchen with granite countertops, white shaker cabinets, and stainless steel appliances. A closet organization system is in place, and a new wall A/C unit provides climate control. The bathroom features marble-print tiles. The property is located within walking distance of the University of Chicago campus, Trader Joe's, public transportation, and local cafes.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    1400 E 55th ... Condominium Complex Hyde Park Group ... Consultant

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.5912651
    Latitude
    41.7949708

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    FAQs

    What type of property is this?
    Single family property - Fully renovated studio near University of Chicago and local amenities.
    Where is this single family property located?
    The property is located at 1400 E 55Th Pl, Unit 1010S Chicago, IL.
    What is the asking price?
    The asking price for this property is $140,000.
    What are key features of this property?
    This property features: - Fully renovated studio apartment in the I. M. Pei-designed Hyde Park building.; - Prime location: short walk to the University of Chicago, Trader Joe's, public transportation, and cafes.; - Brand-new, high-quality vinyl flooring and new wall A/C unit.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1400 E 55Th Pl, Unit 1010S Chicago, IL 60637
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