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  5. Promontory Cooperative
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Promontory Cooperative

5532 S South Shore Drive, Chicago, IL, 60637

YEAR BUILT

1948

# STORIES

21

# TOTAL UNITS

26

UNIT SIZE RANGE

2,100-2,200 sqft

Description

The Promontory Cooperative sits at 5532 S South Shore Drive in Chicago. This building is a high-rise that rises 21 stories. There are 26 units available, each varying in size from 2,100 to 2,200 square feet. The high-rise structure offers a distinct view and adds to the skyline of the area. Units in this building range between $400,000 and $299,500. The average price per square foot is about $160 based on sales in the last year. The lowest sold price in that period was approximately $160,000. Sales typically take around 36 days to close, providing a reasonable timeframe for buyers. The Promontory Cooperative was built in 1948, giving it a classic feel with modern amenities. Residents have access to unique features like a park, exercise room, and bike trails. There is also a party room for gatherings, adding to community life. Nearby, the area has several attractions, such as Hamburger Susan and Bar Louie for dining. A local public school, American Kidz Academy Hyde Park, offers educational options for families. Being close to these businesses makes it a lively neighborhood. This building enjoys waterfront views, enhancing its appeal. The location adds a tranquil feel, with the lake providing natural beauty. This setting is perfect for those who appreciate a mix of city life and scenic relaxation.

Building ImageMLS ID #12199868
Building ImageMLS ID #11252170
Building Image
Building ImageView Listing

Promontory Cooperative

5532 S South Shore Drive, Chicago, IL, 60637

YEAR BUILT

1948

# STORIES

21

# TOTAL UNITS

26

UNIT SIZE RANGE

2,100-2,200 sqft

Description

The Promontory Cooperative sits at 5532 S South Shore Drive in Chicago. This building is a high-rise that rises 21 stories. There are 26 units available, each varying in size from 2,100 to 2,200 square feet. The high-rise structure offers a distinct view and adds to the skyline of the area. Units in this building range between $400,000 and $299,500. The average price per square foot is about $160 based on sales in the last year. The lowest sold price in that period was approximately $160,000. Sales typically take around 36 days to close, providing a reasonable timeframe for buyers. The Promontory Cooperative was built in 1948, giving it a classic feel with modern amenities. Residents have access to unique features like a park, exercise room, and bike trails. There is also a party room for gatherings, adding to community life. Nearby, the area has several attractions, such as Hamburger Susan and Bar Louie for dining. A local public school, American Kidz Academy Hyde Park, offers educational options for families. Being close to these businesses makes it a lively neighborhood. This building enjoys waterfront views, enhancing its appeal. The location adds a tranquil feel, with the lake providing natural beauty. This setting is perfect for those who appreciate a mix of city life and scenic relaxation.

Next

Description

The Promontory Cooperative sits at 5532 S South Shore Drive in Chicago. This building is a high-rise that rises 21 stories. There are 26 units available, each varying in size from 2,100 to 2,200 square feet. The high-rise structure offers a distinct view and adds to the skyline of the area. Units in this building range between $400,000 and $299,500. The average price per square foot is about $160 based on sales in the last year. The lowest sold price in that period was approximately $160,000. Sales typically take around 36 days to close, providing a reasonable timeframe for buyers. The Promontory Cooperative was built in 1948, giving it a classic feel with modern amenities. Residents have access to unique features like a park, exercise room, and bike trails. There is also a party room for gatherings, adding to community life. Nearby, the area has several attractions, such as Hamburger Susan and Bar Louie for dining. A local public school, American Kidz Academy Hyde Park, offers educational options for families. Being close to these businesses makes it a lively neighborhood. This building enjoys waterfront views, enhancing its appeal. The location adds a tranquil feel, with the lake providing natural beauty. This setting is perfect for those who appreciate a mix of city life and scenic relaxation.

Promontory Cooperative Market Stats Last 12 months

Avg. Listed Price-
Avg. Sale Price$160,000($160/Sqft.)
Year over year list price0.00%
Year over year sale priceUp Arrow 52.38%
Total Listings0 Listed
Total sold1 Sold
Average Days on Market36 days
Average HOA fees per sqft$2 /monthly
Next

Market Stats

Year over year list price0.00%
Year over year sale priceUp Arrow52.38%
Total Listings0 Listed
Total sold1 Sold
Average Days on Market36 days
Average HOA fees per sqft$2 /monthly

Glen Gardens Estate Availability & Demand

Unit Availability

Low
High availability buildings list units frequently.

Unit Availability helps to understand how often units in a particular building are listed for sale as compared with the neighborhood average. Units are rarely listed in buildings with low availability.

Unit Demand

Low
Units in high-demand buildings sell quicker.

Unit Demand is a measure of quickly units in a particular building sell as compared with other buildings in the neighborhood. Units in high-demand buildings sell more quickly.

For Sale 0 For Sale

Promontory Cooperative Inventory & Sale History

UnitSize (sqft)BedsBathsDays On MarketDateStatusPrice
Unit 16D16D130032712022-11-18
MLS#: 11624482 		Closed$140,000
Unit 19DE19DE2150332452021-01-21
MLS#: 10721599 		Closed$400,000
Unit 18D-E18D-E210043632016-10-03
MLS#: 09303542 		Closed$299,500
Unit 16D
16D

3 Beds

2 Baths

1300 sqft

DateStatusPrice
2022-11-18Closed$140,000
MLS#: 11624482
Days On Market71
Unit 18D-E
18D-E

4 Beds

3 Baths

2100 sqft

DateStatusPrice
2016-10-03Closed$299,500
MLS#: 09303542
Days On Market63
Unit 19DE
19DE

3 Beds

3 Baths

2150 sqft

DateStatusPrice
2021-01-21Closed$400,000
MLS#: 10721599
Days On Market245
View Complete Unit Listing HistorySource By: MRED

Amenities

Living at Promontory Cooperative opens the door to a host of amenities that'll enrich your lifestyle. Picture yourself unwinding at the sundeck after a long day, or perhaps you prefer hitting the exercise room to kick-start your mornings. The building also features elevators and handy service elevators, making life a little easier, especially when moving in and out. Got friends coming over? The party room is the perfect space for hosting gatherings. If cycling is your thing, you’ll appreciate the bike room and the nearby trails that await your exploration.

Next

Amenities Description

Living at Promontory Cooperative opens the door to a host of amenities that'll enrich your lifestyle. Picture yourself unwinding at the sundeck after a long day, or perhaps you prefer hitting the exercise room to kick-start your mornings. The building also features elevators and handy service elevators, making life a little easier, especially when moving in and out. Got friends coming over? The party room is the perfect space for hosting gatherings. If cycling is your thing, you’ll appreciate the bike room and the nearby trails that await your exploration.

Parking
Parking
Locker
Locker
Concierge
Concierge
Elevator(s)
Elevator(s)
Check Icon
Central AC
Central AC
Pool
Pool
Fitness Center
Fitness Center
Check Icon
Visitors Parking
Visitors Parking
Next

Amenities

Elevator(s)

Elevator(s)

Exercise Room

Exercise Room

Door Person

Door Person

Security Door Lock(s)

Security Door Lock(s)

Coin Laundry

Coin Laundry

Sundeck

Sundeck

Patio

Patio

Receiving Room

Receiving Room

Bike Room/Bike Trails

Bike Room/Bike Trails

Party Room

Party Room

Storage

Storage

Service Elevator(s)

Service Elevator(s)

Policies

Bringing your furry friends along? It’s great to know that both cats and dogs are welcome at Promontory Cooperative. This lenient pet policy makes it easy for you to settle in with your beloved companions, which can be a huge relief for many first-time buyers.

Pet Allowed
Pet Allowed
BBQ Permitted
BBQ Permitted
Sublet Allowed
Sublet Allowed
Short-term Rental Allowed
Short-term Rental Allowed

Compare with Buildings in the Neighbourhood (Last 12 Months)

Compare building's average price/sq. ft. and HOA fees/sq. ft. to buildings nearby

Building NameAvg price per square footAVG HOA FEE per square foot (Monthly)
Promontory Cooperative$160/sqft.$2 /sqft.
5532 S South Shore Dr$160/sqft.$2 /sqft.
5530 S South Shore Drive$115/sqft.$1 /sqft.
1765 E 55th Street$184/sqft.$1 /sqft.
1755 E 55th St$35/sqft.$1 /sqft.
5555 S Everett Ave$74/sqft.$2 /sqft.

Nearby Schools

Promontory Cooperative is located in Hyde Park, Chicago, with 36+ schools available within a 2-mile radius. Families benefit from convenient access to nearby educational institutions supporting daily routines. Short travel distances help reduce commute time for students. This education-friendly location enhances overall community appeal.

Futureworld Nfp

--
Private|Grades KG–9
1744 E 55th St|0.11 miles away

Harte Elementary School

C
Public|Grades PK–8
1556 E 56th St|0.31 miles away

Akiba-Schechter Jewish Day School

--
Private|Grades PK–8
5235 S Cornell Ave|0.47 miles away

Murray Elementary Language Academy

C-
Public|Grades KG–8
5335 S Kenwood Ave|0.66 miles away

Ray Elementary School

C
Public|Grades PK–8
5631 S Kimbark Ave|0.72 miles away

Univ of Chicago Lab School

--
Private|Grades PK–12
1362 E 59th St|0.78 miles away
Next

Schools

arrow rightWhat to know about schoolsarrow right
Next

Description

Promontory Cooperative is located in Hyde Park, Chicago, with 36+ schools available within a 2-mile radius. Families benefit from convenient access to nearby educational institutions supporting daily routines. Short travel distances help reduce commute time for students. This education-friendly location enhances overall community appeal.

Futureworld Nfp

--
Private|Grades KG–9
1744 E 55th St|Less than 1 Mile Away

Harte Elementary School

C
Public|Grades PK–8
1556 E 56th St|Less than 1 Mile Away

Akiba-Schechter Jewish Day School

--
Private|Grades PK–8
5235 S Cornell Ave|Less than 1 Mile Away

Murray Elementary Language Academy

C-
Public|Grades KG–8
5335 S Kenwood Ave|Less than 1 Mile Away

Ray Elementary School

C
Public|Grades PK–8
5631 S Kimbark Ave|Less than 1 Mile Away

Univ of Chicago Lab School

--
Private|Grades PK–12
1362 E 59th St|Less than 1 Mile Away

Kenwood Academy High School

A-
Public|Grades 9–12
5015 S Blackstone ...|Less than 1 Mile Away

Hyde Park Academy High School

D+
Public|Grades 9–12
6220 S Stony Islan...|Less than 1 Mile Away

Carnegie Elementary School

C
Public|Grades PK–8
1414 E 61st Pl|Less than 1 Mile Away

Shoesmith Elementary School

C+
Public|Grades KG–6
1330 E 50th St|1.01 Miles Away

City Elementary School

--
Private|Grades 1–8
1100 E Hyde Park B...|1.10 Miles Away

Kozminski Elementary School

D+
Public|Grades PK–8
936 E 54th St|1.15 Miles Away

Mount Carmel High School

--
Private|Grades 9–12
6410 S Dante Ave|1.18 Miles Away

Univ of Chicago Charter-Woodlawn

D+
Public|Grades 6–12
6300 S University ...|1.29 Miles Away

Hyde Park Day School Chicago Campus

--
Private|Grades 1–8
6254 S Ellis Ave|1.42 Miles Away

Wadsworth Elementary School

D-
Public|Grades PK–8
6650 S Ellis Ave|1.42 Miles Away

Sonia Shankman Orthogenic School

--
Private|Grades 5–12
6245 S Ingleside A...|1.44 Miles Away

Little Black Pearl Arts Academy High School

--
Public|Grades 9–12
1060 E 47th St|1.45 Miles Away

Reavis Math and Science Elementary School

D+
Public|Grades PK–8
834 E 50th St|1.45 Miles Away

Univ of Chicago Charter-Nth Kenwood

D
Public|Grades PK–5
1119 E 46th St|1.47 Miles Away

Ariel Elementary Community Academy

D
Public|Grades PK–8
1119 E 46th St|1.47 Miles Away

Stair Step Villa Nursery & Kindergarten

--
Private|Grades PK–5
6725 S Jeffery Blv...|1.51 Miles Away

Bronzeville Academy Charter School

D+
Public|Grades KG–8
4930 S Cottage Gro...|1.55 Miles Away

Woodlawn Elementary Community School

B-
Public|Grades PK–6
6657 S Kimbark Ave|1.56 Miles Away

Fiske Elementary School

D-
Public|Grades PK–8
6020 S Langley Ave|1.58 Miles Away

Dyett High School

--
Public|Grades 12–12
|1.59 Miles Away

Church of God of Chicago

--
Private|Grades KG–7
4601 S Drexel Blvd|1.66 Miles Away

Walter Henri Dyett High School for the Arts

D+
Public|Grades 9–12
555 E 51st St|1.70 Miles Away

Parkside Elementary Community Academy

C-
Public|Grades PK–8
6938 S East End Av...|1.75 Miles Away

King College Preparatory High School

A+
Public|Grades 9–12
4445 S Drexel Blvd|1.78 Miles Away

O'Keefe Elementary School

D-
Public|Grades KG–8
6940 S Merrill Ave|1.80 Miles Away

Robinson Elementary School

C+
Public|Grades PK–3
4225 S Lake Park A...|1.83 Miles Away

Burke Elementary School

D
Public|Grades PK–8
5356 S King Dr|1.86 Miles Away

Till Math and Science Academy

D+
Public|Grades KG–8
6543 S Champlain A...|1.91 Miles Away

South Shore Fine Arts Elementary School

C
Public|Grades PK–8
1415 E 70th St|1.91 Miles Away

Woodson South Elementary School

D-
Public|Grades PK–8
4414 S Evans Ave|1.99 Miles Away

Transit

Set in Hyde Park, Promontory Cooperative provides residents with convenient access to public transit across Chicago. Multiple Bus, Rail are available within 2 miles, offering seamless daily travel options. Efficient transit connections support work, education, and lifestyle needs. This transit-rich area contributes to a balanced and connected living experience.

1111 East 60th Street

1.12 miles away|22 min walk

1240 E 47th Street

1.29 miles away|25 min walk

42nd Place & Lake Park

1.91 miles away|37 min walk

43rd Street & Berkeley

1.86 miles away|36 min walk

43rd Street & Drexel

1.96 miles away|38 min walk

43rd Street & Lake Park

1.82 miles away|35 min walk
Next

Transit

arrow rightWhat to know about transitarrow right
Next

Description

Set in Hyde Park, Promontory Cooperative provides residents with convenient access to public transit across Chicago. Multiple Bus, Rail are available within 2 miles, offering seamless daily travel options. Efficient transit connections support work, education, and lifestyle needs. This transit-rich area contributes to a balanced and connected living experience.

1111 East 60th Street

1.12 miles away|22 min walk

1240 E 47th Street

1.29 miles away|25 min walk

42nd Place & Lake Park

1.91 miles away|37 min walk

43rd Street & Berkeley

1.86 miles away|36 min walk

43rd Street & Drexel

1.96 miles away|38 min walk

43rd Street & Lake Park

1.82 miles away|35 min walk

47th St. (Kenwood)

1.2 miles away|24 min walk

47th Street & Cottage Grove

1.69 miles away|33 min walk

47th Street & Drexel

1.59 miles away|31 min walk

47th Street & Ellis

1.5 miles away|29 min walk

47th Street & Greenwood

1.43 miles away|28 min walk

47th Street & Lake Park

1.22 miles away|24 min walk

47th Street & Langley

1.78 miles away|35 min walk

47th Street & St. Lawrence

1.89 miles away|37 min walk

47th Street & Vincennes

1.99 miles away|39 min walk

47th Street & Woodlawn

1.35 miles away|26 min walk

5000 S Lake Park

0.81 miles away|16 min walk

51st/53rd St. (Hyde Park)

0.51 miles away|10 min walk

51st Street & Champlain

1.6 miles away|31 min walk

51st Street & Cottage Grove

1.44 miles away|28 min walk

51st Street & Drexel Square

1.34 miles away|26 min walk

51st Street & Evans

1.5 miles away|29 min walk

51st Street & Forrestville

1.73 miles away|34 min walk

51st Street & King Drive

1.87 miles away|36 min walk

51st Street & St. Lawrence

1.66 miles away|32 min walk

5200 S King Drive

1.87 miles away|36 min walk

5200 S S Hyde Park

0.5 miles away|10 min walk

5440 S S Hyde Park

0.24 miles away|5 min walk

55th - 56th - 57th St.

0.35 miles away|7 min walk

55th Street & Blackstone

0.49 miles away|10 min walk

55th Street & Cottage Grove

1.29 miles away|25 min walk

55th Street & Dorchester

0.57 miles away|11 min walk

55th Street & Drexel

1.19 miles away|23 min walk

55th Street & Ellis

1.04 miles away|20 min walk

55th Street & Hyde Park Blvd

0.19 miles away|4 min walk

55th Street & Kenwood

0.63 miles away|13 min walk

55th Street & Kimbark

0.73 miles away|14 min walk

55th Street & Lake Park

0.36 miles away|7 min walk

55th Street & Payne Drive

1.37 miles away|27 min walk

55th Street & University

0.89 miles away|17 min walk

55th Street & Woodlawn

0.79 miles away|16 min walk

57th St.

0.35 miles away|7 min walk

5800 S Ellis

1.11 miles away|22 min walk

5800 S Stony Island

0.43 miles away|9 min walk

59th Street & Drexel

1.26 miles away|25 min walk

59th Street & Ellis

1.13 miles away|22 min walk

59th Street & Kimbark

0.83 miles away|16 min walk

59th St. (U. of Chicago)

0.59 miles away|12 min walk

60th Street & Cottage Grove

1.4 miles away|27 min walk

60th Street & Ellis

1.19 miles away|23 min walk

The Neighbourhood: Hyde Park

Hyde Park, nestled in Cook County, IL, is a vibrant neighborhood rich in history and culture. It is home to the prestigious University of Chicago, which draws scholars and students from around the world. The area boasts beautiful parks, including the scenic Promontory Point, offering stunning views of Lake Michigan. Residents and visitors enjoy an array of cafes, bookstores, and unique local shops. Public transportation is readily accessible, with Metra and CTA options providing seamless connections to downtown Chicago.

Next

Neighbourhood Description

Hyde Park, nestled in Cook County, IL, is a vibrant neighborhood rich in history and culture. It is home to the prestigious University of Chicago, which draws scholars and students from around the world. The area boasts beautiful parks, including the scenic Promontory Point, offering stunning views of Lake Michigan. Residents and visitors enjoy an array of cafes, bookstores, and unique local shops. Public transportation is readily accessible, with Metra and CTA options providing seamless connections to downtown Chicago.

Similar Buildings Nearby

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5532 S South Shore Dr
5532 S South Shore Dr, Chicago, IL
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5532 S South Shore Dr
5532 S South Shore Dr, Chicago, IL
Click to see listings

Promontory Cooperative Demographics

Age Demographics

0–14 Years

10.56%

15–29 Years

34.17%

30–44 Years

20.2%

45–59 Years

14.79%

60+ Years

20.28%

Commute

23.96%

Transit

23.54%

Walk

25.89%

Drive

6.05%

Bike

Housing Ownership

34.15%

Owner Occupied

65.85%

Rental Units

Household Types

Single Family
17.29%
Multi Family
2.26%
Single Person
54.09%
Multi Person
45.91%

Average Income

Household:$6,403,106.97 /yr

Individual:$5,287,157.66 /yr

Education

Bachelors Degree24.01%
High School College6.84%
Diploma3.41%
Post Graduate50.7%
Others15.03%
Next

Education

Diploma3.41%
Post Graduate50.7%
Others15.03%
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    Promontory Cooperative
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