Condo / High-rise home in Chicago, IL
Set in Chicago, IL, this Condo condo provides 1 bathroom. The listing highlights lake / river / water view, hardwood floors, and open floor plan.
| Price | $169,500 |
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| Baths | 1 |
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| Architectural style | Condo / High-rise (99% match) |
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| Address | 539 W Stratford Place Unit 408, 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.
- Features: hardwood floors, lake / river / water view, open floor plan.
- Links directly to the original source listing on Estately.
Is this a good buy?
Priced below comparable homes.
- At $170K, this home is 54% below the $370K median for 3106 similar Condo / High-rise homes in Chicago, IL.
- On the market 16 days.
It is well below comparable homes, which can mean condition issues, a smaller lot or living area, a leasehold, or a data quirk. Check the source listing before getting excited. No square footage is listed, so the per-square-foot comparison is not available. 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 $1,285/month with 20% down at a 7.28% 30-year fixed rate. You would need about $55,078 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $928/mo |
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| Property tax (new-buyer reassessed rate) | $294/mo |
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| Homeowners insurance | $64/mo |
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| Total monthly | $1,285/mo |
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| Down payment (20%) | $33,900 |
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| Income needed | $55,078/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) | $54,402 |
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| Range (10th to 90th pct) | $25,776 to $88,793 |
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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