5551 S Kimbark Ave

About the Building

This attractive condo development at 5551 S. Kimbark Ave in the south side neighborhood of Hyde Park offers spacious units, quality construction and all the amenities you need to live in comfort and style. From the individual unit features to the useful building services and facilities, this site is a homeowner's dream. Built in 1921, this development was built with care and craftsmanship that is rarely seen today, and the building maintains certain grandeur that is acquired with time.

The units come in a number of layouts and offer residents a range of pricing to suit all family sizes and budgets. Generally speaking, the price per square foot for property at 5551 S. Kimbark Ave is $246, with an average size of 575 square feet. The smallest units offer 550 square feet of living space, while the largest ones encompass 600 square-foot floorplans. The maximum number of bedrooms available in this building is 3, which can be 130 square feet in area each. On the other hand, if you don't need a lot of room, there are 1-bedroom units with an average bedroom size of 132 square feet.

The standard length of time a unit in this building stays on the market is 43 days, although some take as long as 43 days to sell. Currently, there are few 1-bedroom residences available at 5551 S. Kimbark Ave. The average listing price for these units is $146,450 and the average sale price is $136,000. To give you a better idea of the going rate for property in this particular building, a 1-bedroom here went for $136,000 in September of 2004.

In addition to the price of the units themselves, it is always helpful to know how much you're going to have to pay in taxes and assessments to live somewhere. For this Hyde Park residential building, homeowners generally pay $956 per year in taxes and an average of $277 in assessments each month.