See Home Value
$350,000
● House - Off Market

550 W 45TH Street

Chicago, IL 60609
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,575 Ft²
$2,099
Est. Monthly
8.19%
Cap Rate

About This Property

Incredible opportunity in Canaryville/Bridgeport! This rare 3-level end-unit townhome lives like a single-family home and offers a fully fenced yard, plus two additional private outdoor spaces, attached garage parking plus exterior spot, and NO Monthly HOA. Bright southern exposure, tall windows, and a large skylight fill the home with natural light, while stained oak hardwood floors run throughout the interior. The main level features a spacious living room with a gas fireplace and brick mantel, a dining area with space for a full table, and a beautiful wraparound kitchen with extensive counter space, stainless steel appliances, 42-inch cabinetry, pantry storage, with room for a center island. The entry level offers an inviting foyer and a flexible family room, den, or office with direct access to a large private backyard and laundry room with full size washer dryer.  Upstairs are two generous sized bedrooms, including a primary bedroom with a row of organized closets and private balcony, along with a huge beautifully updated bath finished with a white quartz dual vanity, custom tile, and linen storage. Additional improvements include newer Rheem furnace and central air (2023), newer south-facing windows (2023),  skylight (2023) LG ThinQ washer and gas dryer (2023), LG refrigerator (2024), and Ecobee thermostat. Impeccably maintained with excellent storage and exceptional outdoor space, this is a rare offering in a convenient location near neighborhood favorites like Rate Field and the chance of catching White Sox fireworks from your back deck.
Unit Size
1,575 Ft²
Days on Market
-
Land Size
-
Price per sqft
$222
Property Type
House
Property Taxes
$380
HOA Dues
-
Year Built
1998

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Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 10
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 1,232
  • Total Building Area: 1,575
  • Gross Building Area: 1,575
  • Building Area: 1,575
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,575
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: JOHN D SCHULLYS
  • Land Acres: 0000000028
  • Standard Land Use Code: 1002
  • County Land Use Code: 2-95

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 610800

Zoning

  • Zoning: RT-4

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 72
  • Parcel: 20-04-316-053-0000
  • Lot: 28,29
  • Meridian: SEC 04 TWN 38N RNG 14E
  • Municipality: LAKE
  • Latitude: 41.8128
  • Longitude: -87.6403

    Address

  • Full Address: 550 W 45th St
  • Address - House Number: 550
  • Street Direction: W
  • Address - Street Name: 45th
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C039
  • 4-Digit Zip Code: 3525
  • Zip Code: 60609

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $382,148
  • Tax Rate Code Area: 72001

    Appraisal Valuation

  • Standard Deviation: 0.2149
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 70
  • Final Value: 315,533
  • High Value: 383,358
  • Low Value: 247,709

    Market Valuation

  • Market Total Value: $220,000
  • Market Land Value: $12,320
  • Market Improvement Value: $207,680

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $22,000
  • Assessed Land Value: $1,232
  • Assessed Improvements Value: $20,768

    Sales

  • Current Sale Contract Date: Jul 21, 2020
  • Current Sale Recording Date: Oct 08, 2020
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2028244056
  • Previous Sale Recording Date: Jan 10, 2014
  • Previous Sale Contract Date: Dec 30, 2013
  • Previous Sale Amount: $170,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: FIX
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Southwest Side


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Frequently Asked Questions

When was property at 550 West 45th Street built and last sold?
The property at 550 West 45th Street was built in 1998 and last sold on Jul 21, 2020 for $309,000.
How much is this home worth?
The estimated value of the home located at 550 West 45th Street is $355,696.
What are some comparable homes to 550 West 45th Street?
There are currently no comparable homes to 550 West 45th Street.