$219,000
●
Condo -
Off Market
550 W Harrison Street #351
CHICAGO, IL 60607
1 Bed
1 Bath
$317,103
RealtyHop Estimate
44.80%
Since Mar 1, 2017
IL-Chicago
Primary Model
About This Property
This beautiful 1br brick and timber loft shows like a model unit.
In addition to the fireplace, stainless steel appliances, 14ft
ceilings, and updated bathroom, the association offers many
amenities including a doorman, exercise room, additional storage
and more. You can walk to downtown, short ride to the West
Loop/Fulton Market and everything else the city has to offer. Tons
of new retail just a few blocks away, transportation galore with
all major expressways and the Blue Line at your door. Deeded
parking $20,000.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Condo
Property Taxes
$160
HOA Dues
$398
Year Built
-
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 3 years ago (MRED MLS #09479671)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 3, 2022 | Sold | ||
| Sold | |||
| Mar 18, 2022 | Listed by Berkshire Hathaway HomeServices Chicago | $234,900 | |
| Listed by Berkshire Hathaway HomeServices Chicago | |||
| | |||
|
This Rarely available, spacious, 1 Bedroom, Timber & Brick loft includes a deeded, gated parking spot, and checks every box! Recently updated, this West Loop condo is truly turn-key. This unit features soaring timber ceilings, brick walls, stainless/granite kitchen, newly upgraded bath, East facing windows, hardwood floors, balcony, huge walk-in closet, in-unit washer and dryer, and private storage area. This intimate building has a 24 hour door staff, healthy HOA reserves, updated large Fitness room and drycleaners on site. Located in one of the hottest neighborhoods in Chicago this building has an amazing walk score! Walking distance to a huge variety of top-notch restaurants, bars, shops, and grocery stores. Walking distance to Union & Ogilvie Station, steps to Blue Line (Clinton Stop), easy access to all expressways (90/94/290), and Lakeshore Drive.
| |||
| Feb 17, 2017 | Sold | ||
| Sold | |||
| Jan 18, 2017 | Listed by S Hansen Realty Inc. | $219,000 | |
| Listed by S Hansen Realty Inc. | |||
Property Highlights
Garage
Parking Available
Elevator
Air Conditioning
Doorman
Parking Details
Total Number of Parking: 1
Interior Details
Bedrooms: 1
Bathrooms: 1
Full Bathrooms: 1
Interior Features: Hardwood Floors, Laundry Hook-Up in Unit
Rooms: 4
Fireplaces: 1
Basement: None
Basement Description: None
Exterior Details
Ownership: Condo
Exterior Building Type: Brick
Age: 41-50 Years
Rebuilt(Y/N): No
Parcel Number: 17161280071253
Property Type: Residential
No Disability Access
Special Conditions: None
Lot Size Dimensions: COMMON
Water Source: Lake Michigan
Financial Details
Tax Year: 2015
Tax Annual Amount: $1,919
Tax Exemptions: Homeowner
Utilities Details
Cooling: Central Air
Heating: Natural Gas, Forced Air
Sewer : Public Sewer
Location Details
Township: WEST CHICAGO
Corporate Limits: CHICAGO
Directions: Clinton South past Van Buren to Harrison, short term parking in front of 500 S. Clinton.
County or Parish: Cook
Elementary School District: 299
Middle Or Junior School District: 299
High School District: 299
Other Details
Association Fee Includes: Insurance, Security, TV/Cable, Exercise Facilities, Exterior Maintenance, Scavenger, Snow Removal
Association Fee: $398
Association Fee Freq: Monthly
Holds Earnest Money: Yes
Possession: Closing
Some Photos Virtually Staged (Y/N): No
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
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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Listed by: , S Hansen Realty Inc.
Last Updated: 3 years ago
Data Source: MRED, MLS# 09479671
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. Some IDX listings have been excluded from this website.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Last Updated: 3 years ago
Data Source: MRED, MLS# 09479671
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