Condo / High-rise home in Chicago, IL
This 1,570-square-foot Condo condo in Chicago, IL includes 3 bedrooms and 2 bathrooms. Its Condo character defines the property's look.
| Price | $799,000 |
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| Beds | 3 |
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| Baths | 2 |
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| Sqft | 1570 |
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| Architectural style | Condo / High-rise (56% match) |
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| Address | 1500 W School Street Unit 2, Chicago, IL 60657 |
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Why buy this home
- Confirmed Condo / High-rise architecture, matched from the listing photos by Enzo's vision model.
- Links directly to the original source listing on Estately.
Is this a good buy?
Priced above comparable homes.
- At $799K, this home is 116% above the $370K median for 3106 similar Condo / High-rise homes in Chicago, IL.
- That works out to $509 per square foot, 61% above the $316 comparable rate.
- On the market 15 days.
| This home | $799,000 |
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| Condo / High-rise median in Chicago, IL | $369,900 (3106 homes) |
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| Price per sq ft | $509 vs. $316 comps median |
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Enzo's reads public listing data and links to the original source. Confirm condition, HOA, taxes and fees there. This is a signal, not advice.
What it costs to own
Estimated at $6,058/month with 20% down at a 7.28% 30-year fixed rate. You would need about $259,630 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $4,373/mo |
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| Property tax (new-buyer reassessed rate) | $1,385/mo |
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| Homeowners insurance | $300/mo |
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| Total monthly | $6,058/mo |
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| Down payment (20%) | $159,800 |
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| Income needed | $259,630/yr |
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A signal to compare homes, not financial advice or a loan offer.
Financial outlook (modeled)
Enzo's grades this home F (37 out of 100) over a 5-year hold, from a Monte-Carlo of local home-price dynamics and the interest-rate path versus renting.
| Grade | F (37/100) |
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| Beats renting in | 1% of modeled paths |
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| Modeled 5-yr equity (median) | $258,502 |
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| Range (10th to 90th pct) | $120,583 to $427,464 |
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A probabilistic model built on public data (Zillow ZHVI, FRED rates), not a guarantee or financial advice. Local price dynamics are pooled toward Chicago, IL where local data is thin.
Local home values
Typical home values in Chicago, IL have risen about 27% over the past 5 years (+5% in the last year), per the Zillow Home Value Index. This reflects the metro market, not this specific home.
View this home on Estately