550 West Surf Street

550 West Surf Street is a condo located in Lake View East, Chicago. The building was first built in 1904 and is 120 years old. The lot that the building was built on is 250 feet wide and 1,400 feet long. In total, 550 West Surf Street has a total floor area of 3,762 square feet. 550 West Surf Street has a total of 2 floors.

Interested in learning more about the building? There are many great amenities and features for residents in the building. If you drive, rest assured! The building has its own garage, which would come in super-handy for parking! There are 30 closings on record, of which we have matching data for 5 listings. In the past 3 years, a listing in this building will typically remain on the market for about 166 days and tend to sell below the original asking price of $240,000 by 13.64%. Meaning, listings tend to sell at a median of $326 price per square foot. The transaction that took the longest to complete was unit C001, listed on Aug 10, 2020 for $220,000. This particular unit ultimately sold 275 days later for $190,000. The most recent transaction was for unit C611, which was first advertised on May 06, 2021, sold for $110,000 on Oct 19, 2021. Fun fact, the oldest transaction we have on record took place on Apr 25, 2001. See the full transaction history for 550 West Surf Street below.

Lake View East, where 550 West Surf Street is located, has a median asking price of $280,000 for condo buildings. Meanwhile, the building itself has a median asking price of $240,000. For interested buyers, that means the building's median asking price is around 0.14% below the neighborhood's median asking price for condos. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other condo buildings in the neighborhood.

There is currently one active listing for sale within the building and our inventory of available units for sale is constantly updating in real time. Check back frequently for updates. The asking price for the only active sales listing is $299,000. It is a 1-bedroom and 1-bathroom unit.