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550 Surf St

Chicago, IL 60657

2 bd 2 ba 1,265 sqft Built 1901 condos
Most recent sale
$345,000
May 2, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 2, 2022 Sold $345,000 MLS #11344299
Apr 3, 2022 Price changed $349,900 MLS #11344299
Mar 10, 2022 Listed $374,900 MLS #11344299
Mar 12, 1996 Sold $133,500 Public Record
May 11, 1992 Sold $123,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $27,728 $4,271 $31,999 $6,052
2022 $27,728 $4,271 $31,999 $5,878
2021 $27,728 $4,271 $31,999 $5,764
2020 $24,992 $2,812 $27,804 $5,502
2019 $27,641 $2,812 $30,453 $5,429
2018 $27,641 $2,812 $30,453 $5,337
2017 $22,087 $2,471 $24,558 $4,560
2016 $22,087 $2,471 $24,558 $4,419
2015 $22,087 $2,471 $24,558 $4,019
2014 $19,909 $2,024 $21,933 $3,593
2013 $22,345 $2,024 $24,369 $3,954
2012 $24,000 $2,024 $26,024 $4,222
2011 $25,310 $2,386 $27,696 $3,856
2010 $27,556 $2,386 $29,942 $4,083
2009 $28,956 $2,386 $31,342 $3,962
2008 $26,311 $1,989 $28,300 $2,779
2007 $26,311 $1,989 $28,300 $2,721
2006 $26,311 $1,989 $28,300 $2,672

Property facts

Year built
1901
Property type
condos
Stories
6
Beds
2
Baths
2
Living area
1,265 sqft
Lot size
ZIP code
60657
City
Chicago
Street
Surf St
Coordinates
41.93463, -87.64373

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,277
Gross rental yield
7.92%
Implied cap rate
5.15%
Trend-extrapolated value

Frequently asked questions

When did 550 Surf St last sell?
550 Surf St most recently sold on May 2, 2022 for $345,000.
What is the current tax assessment for 550 Surf St?
The most recent total assessment for 550 Surf St (year 2023) is $31,999 with $6,052 in property tax.
How does 550 Surf St's assessment compare to its last sale price?
The current assessment is 90.7% below the last sale price of $345,000.
When was 550 Surf St built?
550 Surf St was built in 1901.
How does 550 Surf St compare to others on Surf St?
We track 8 other properties on Surf St. Browse the list under "Other properties on Surf St" to compare beds, baths, and sale history.
What are the property facts for 550 Surf St?
550 Surf St is a 2 bed, 2 bath, 1,265 sqft condos.
Is 550 Surf St a flip candidate?
No — 550 Surf St does not appear in our flips dataset.
Is 550 Surf St a tax-appeal candidate?
No — 550 Surf St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+3.1%
Implied 1-yr
+12.2%
2026 Q3
$735K
2026 Q4
$753.7K
ZIP 60657 — Median Price History + Forecast

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