550 West HARRISON Street #151
About This Property
The manager has listed the unit size as 815 square feet.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 24, 2022 | Sold | ||
| Sold | |||
| Jan 1, 2022 | Listed | $259,900 | |
| Listed | |||
| | |||
|
Convenient South Loop location in the Clinton Complex offers a unique 1 bed 1 bath brick and timber loft with unique outdoor living space. This bright freshly painted (2021) unit offers a rare large outdoor fenced patio. The spacious and dramatic 12' ceilings showcase the stylish refinished (2021) diagonal hardwood floors with a warm and cozy gas fireplace. Special features include a new in unit washer and dryer (2021), updated kitchen island with stainless steel appliances, updated bath including heated floors and bluetooth speaker, new bedroom carpet (2021) and new patio door (2019). Deeded with this gem is the nicely located heated garage parking space and large storage unit. The complex offers bike racks, 24 hour security/door attendant and fitness center.
| |||
| Jun 22, 2019 | No longer available | - | |
| No longer available | |||
| Apr 12, 2019 | Listed | $249,900 | |
| Listed | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/03/2025
|
1 Bed
|
1 Bath
|
800 ft²
|
$250,000
1 Bed
1 Bath
800 ft²
|
-
-
|
Stephen Missirlian
Compass
| |
|
09/12/2025
|
1 Bed
|
1 Bath
|
-
|
$239,000
1 Bed
1 Bath
|
$239,000
10/17/2025
|
Jane Stahmer
@properties Christie's International Real Estate
| |
|
10/28/2024
|
1 Bed
|
1 Bath
|
885 ft²
|
$250,000
1 Bed
1 Bath
885 ft²
|
$257,000
+2.80%
02/14/2025
|
Joseph Held
RE/MAX 10 Lincoln Park
| |
|
08/16/2024
|
1 Bed
|
1 Bath
|
800 ft²
|
$230,000
1 Bed
1 Bath
800 ft²
|
$235,000
+2.17%
09/20/2024
|
Benjamin Grander
Keller Williams Infinity
| |
|
04/23/2024
|
1 Bed
|
1 Bath
|
885 ft²
|
$240,000
1 Bed
1 Bath
885 ft²
|
$270,000
+12.50%
06/28/2024
|
Elaine Ramirez
Pearson Realty Group
| |
|
07/11/2023
|
1 Bed
|
1 Bath
|
885 ft²
|
$260,000
1 Bed
1 Bath
885 ft²
|
-
-
|
Elaine Ramirez
Pearson Realty Group
| |
|
05/20/2022
|
2 Bed
|
2 Bath
|
-
|
$349,000
2 Bed
2 Bath
|
$343,000
-1.72%
07/15/2022
|
James D'Astice
Compass
| |
|
03/18/2022
|
1 Bed
|
1 Bath
|
769 ft²
|
$234,900
1 Bed
1 Bath
769 ft²
|
$234,900
06/03/2022
|
Carolyn Anavi
Compass
| |
|
01/01/2022
|
1 Bed
|
1 Bath
|
815 ft²
|
$259,900
1 Bed
1 Bath
815 ft²
|
$253,000
-2.65%
02/24/2022
|
Kris Jobski
Coldwell Banker Realty
| |
|
11/16/2021
|
1 Bed
|
1 Bath
|
885 ft²
|
$225,000
1 Bed
1 Bath
885 ft²
|
$225,000
02/24/2022
|
Sam Cusentino
Compass
| |
|
06/14/2021
|
2 Bed
|
2 Bath
|
1300 ft²
|
$300,000
2 Bed
2 Bath
1300 ft²
|
$280,000
-6.67%
08/13/2021
|
Dale Stackler
@properties
| |
|
10/26/2020
|
1 Bed
|
1 Bath
|
-
|
$215,000
1 Bed
1 Bath
|
$185,000
-13.95%
07/06/2021
|
Robert Fitzpatrick
| |
|
09/23/2020
|
2 Bed
|
2 Bath
|
1300 ft²
|
$325,000
2 Bed
2 Bath
1300 ft²
|
$340,000
+4.62%
05/11/2021
|
Tommy Choi
| |
|
09/10/2020
|
1 Bed
|
1 Bath
|
-
|
$200,000
1 Bed
1 Bath
|
$205,000
+2.50%
01/22/2021
|
Grigory Pekarsky
| |
|
04/12/2019
|
1 Bed
|
1 Bath
|
815 ft²
|
$249,900
1 Bed
1 Bath
815 ft²
|
-
-
|
-
| |
|
02/14/2019
|
1 Bed
|
1 Bath
|
815 ft²
|
$244,900
1 Bed
1 Bath
815 ft²
|
-
-
|
-
| |
|
01/18/2017
|
1 Bed
|
1 Bath
|
-
|
$219,000
1 Bed
1 Bath
|
$219,000
02/17/2017
|
Chip Hastings
S Hansen Realty Inc.
| |
|
03/20/2007
|
1 Bed
|
1 Bath
|
-
|
$222,900
1 Bed
1 Bath
|
$228,500
+2.51%
12/13/2007
|
Patrick Schell
Keller Williams Lincoln Park
|
Building Info
About Central Chicago
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