Condo / High-rise home in Chicago, IL
A Condo condo in Chicago, IL, it offers 2 bedrooms and 2 bathrooms. Notable features include deck / patio, fireplace, and hardwood floors.
| Price | $529,000 |
|---|
| Beds | 2 |
|---|
| Baths | 2 |
|---|
| Architectural style | Condo / High-rise (52% match) |
|---|
| Address | 2851 N Southport Avenue Unit B, Chicago, IL 60657 |
|---|
Why buy this home
- Confirmed Condo / High-rise architecture, matched from the listing photos by Enzo's vision model.
- Features: deck / patio, fireplace, hardwood floors.
- Links directly to the original source listing on Estately.
Is this a good buy?
Priced above comparable homes.
- At $529K, this home is 43% above the $370K median for 3106 similar Condo / High-rise homes in Chicago, IL.
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 $4,011/month with 20% down at a 7.28% 30-year fixed rate. You would need about $171,895 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $2,896/mo |
|---|
| Property tax (new-buyer reassessed rate) | $917/mo |
|---|
| Homeowners insurance | $198/mo |
|---|
| Total monthly | $4,011/mo |
|---|
| Down payment (20%) | $105,800 |
|---|
| Income needed | $171,895/yr |
|---|
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) |
|---|
| Beats renting in | 1% of modeled paths |
|---|
| Modeled 5-yr equity (median) | $171,683 |
|---|
| Range (10th to 90th pct) | $79,969 to $276,482 |
|---|
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