They Simply Will Never Build Like This Again: 5555 S. Everett in Hyde Park
This 3-bedroom duplex in Jackson Tower at 5555 S. Everett in Hyde Park came on the market in June 2018.
Jackson Tower was designed by Walter W. Ahlschlager, who also designed other vintage towers in the city.
Construction was completed in 1922. It has 72 units.
It sits directly across from the Museum of Science and Industry and many units also have Lake Michigan views.
This is one of the duplex units. It has 20 foot ceilings with stunning arched wood beams and huge arched windows which overlook the Museum (those are mirrors on the one living room wall.)
Other vintage features include hardwood flooring throughout, iron work, a gas fireplace, built-in bookcases, and what looks like original wood wainscoting.
There’s a family room with built-in dry bar.
The grand staircase leads to the 3 bedrooms including a master suite with a bathroom and walk-in-closet.
The kitchen has white cabinets, stainless steel appliances and what look like stone counter tops.
There appears to be central air. I’m not sure about in-unit washer/dryer but it appears there’s a hook-up in the unit.
There’s no parking with the building but there’s a rental garage down the street.
It does have a 24-hour doorman.
The monthly HOAs are $2626 a month, which does NOT include the taxes. This is a condo building, not a co-op.
In 2014, Ian Spula at Chicago Magazine discussed the building and its assessments.
“With multiple capital projects come multiple special assessments, which tend to scare off buyers. According to Matson, it appears all of these large projects are completed and there are no special assessments scheduled for foreseeable future. That’s a big plus for sellers, but the high monthly assessment (over $2,000 for the average duplex) needs as much justification as it can get. Right now, there’s a great level of service in the building, including 24-hour door staff, but there’s no signature amenity to compete with the pools and roof decks that certain luxury towers in Hyde Park and downtown bring to the table.”
Listed at $560,000, can these vintage units hold their own against new construction?
Braden Robbins at Vesta Preferred has the listing. See the pictures here.
Unit #B3-4: 3 bedrooms, 4.5 baths, 3800 square feet, duplex
- Sold sometime before 1987
- Sold in October 2014 for $185,000
- Listed in June 2018 for $560,000
- Currently still listed at $560,000
- Assessments of $2626 a month (includes heat, gas, doorman, lawn care, scavenger, snow removal)
- Taxes of $6341
- Central Air
- Washer/dryer in the unit? (it says there’s a hook-up)
- No parking- rental in the neighborhood
- Gas fireplace
- Bedroom #1: 27×14 (second floor)
- Bedroom #2: 16×15 (second floor)
- Bedroom #3: 15×13 (says main floor in the listing but it also says all three are on the second floor)
- Living room: 25×18
- Not sure the size of the family room as it’s not listed
Holy cow, does it have secret passages, too?
Thanks for coming back on line, Sabrina. I’ve been following Crib Chatter for years.
“According to Matson, it appears all of these large projects are completed and there are no special assessments scheduled for foreseeable future. ”
Kinda the textbook definition of a Special Assessment
If I was into doing a lot of mind altering substances, that bathroom would be in my top 10 places to partake
while this place is freakin glorious, with 20% down you’re paying almost $5700 a month… gonna take a hard pass on that one
also no parking for a car dependent hood totally blows ass
pix from ’14 sale are here: https://www.redfin.com/IL/Chicago/5555-S-Everett-Ave-60637/unit-3-4B/home/144963492
Very cool and different, but have to agree with Sonies that no parking in HP is a problem (although street parking might not be that difficult, what a pain, not worth it), and the assessments are killer.
Here’s one with outrageous assessments and no parking and on a low floor. And I still might dig deep into my pockets to own it.
Fucking gorgeous.
This place is off the hook! Totally worth it if you work in Hyde Park or your kids go to Lab. Seriously, this place would blow away anyone you invited over. Something similar and not nearly as nice would cost more than double on the north side,
The great room is incredible, the rest of the house, meh.
Wow I like this property, but the HOA fees are a huge drag, plus the previous owner only paid $185k just a few years ago, whithout doing much renovations to justify the price increase.