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541 E 60th St Apt 1A
Condo
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$115,000

$128/sqft

541 E 60th St Apt 1A, Chicago

90% below median
2 bd·1 ba·900 sqft
Built 1923West Woodlawn

541 E 60th St Apt 1A, Chicago, IL

2 bd · 1 ba · 900 sqft Condo listed at $115,000, built in 1923 in the West Woodlawn neighborhood.

About this home

This condo is 4 blocks walking to the University of Chicago. Located in West Woodlawn. First floor with 2 bedrooms 1 bathroom. Newly painted, new laminate flooring throughout except 2 bedrooms which have new carpeting. Bathroom has new vanity and tub is re-glazed. Jewel Food Store is nearby. Conveniently located near public transportation on Cottage Grove and King Drive. Great location next door to Hyde Park. Across the street from Washington Park. Plenty of street parking. , 1 miles from the upcoming Obama Presidential Library, short drive to the Museum of Science and Industry. This bright and inviting unit features abundant natural light, hardwood floors, in-unit laundry, separate living and dining rooms. Ideal for students, healthcare professionals, or investors, with no rental cap offering excellent income potential. Hard money lender, cash or DSCR loan! Quick closing! No FHA or conventional.

Property details

Price
$115,000
Bedrooms
2
Bathrooms
1
Interior
900 sqft
Price / sqft
$128
Year built
1923
Type
Condo
Days on market
197
Est. property tax
$2,392/yr · $199/mo · 2.08% IL avg
HOA
$359/mo
Last sold
$112,000 · Dec 2017

Estimated monthly payment

Down payment20% ($23,000)
Interest rate6.75%
Principal & Interest$597
Property Tax$105
Insurance$150
Total$852/mo

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Price history

23.3%Most recent change on 2025-11-08: $150,000$115,000.

$158K$113K$68K$75K on Aug 04 (Sold)$112K on Dec 17 (Sold)$150K on Oct 25 (Initial list)$115K on Nov 25 (Price change)
$75K · Aug 04$115K · Nov 25
  1. Nov 8, 2025$115,000Price change
  2. Oct 10, 2025$150,000Initial list price
  3. Dec 20, 2017$112,000Sold
  4. Aug 18, 2004$75,000Sold

Location

This home is located in Chicago, IL. Browse more Chicago listings on the Chicago market page or explore the full Chicago market report.

About Chicago: Chicago is the most populous city in the U.S. state of Illinois and in the Midwestern United States. Located on the western shore of Lake Michigan, it is the third-most populous city in the United States, with a population of 2.74 million at the 2020 census. The Chicago metropolitan area has 9.41 million residents and is the third-largest metropolitan area in the country. Chicago is the seat of Cook County, the second-most populous county in the U.S. (source: Wikipedia)

Climate: Average year-round temperature is 51°F with 211 dry days per year and 39.9 inches of annual rainfall.

Home Intelligence

Neighborhood (zip 60637)

This neighborhood skews young (median age 31.2) and is primarily renter-occupied (26% owner-occupied). 14% hold a bachelor's degree; median household income is $37,247.

Median income
$37,247
Median age
31.2
Owner-occupied
25.7%
Bachelor's degree
14.4%
Census median home value
$240,600

Source: US Census Bureau American Community Survey 5-year estimates.

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