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University Station

University Station

University Station
Condominium Building
1550 S Blue Island Ave
Chicago, IL 60608
The Costar Building Rating

A rating for the building relative to other buildings of the same type throughout the country. Learn more

231 Units
12 Stories
1923 Year Built
$143K - $446K Value Range

Available Units

For Sale
For Rent

Highlights

  • Doorman
  • Fitness Center
  • Elevator
  • Open Floorplan
  • Community Pool
  • 5 min walk to Throop Park

Historic Art Deco landmark in a vibrant Chicago neighborhood

University Station, a 12-story condominium building in Chicago's vibrant Pilsen/University Village area, stands as a testament to the area's rich history. Originally constructed in 1923 as the Produce Terminal Cold Storage facility, this architectural gem was converted into 231 residential units in 2006. The building's Art Deco design and its designation on the US National Register of Historic Places reflect its significance in Chicago's architectural landscape. Today, University Station offers residents a unique blend of historical charm and modern urban living, situated in a prime location that bridges the lively communities of Pilsen and University Village.

Versatile layouts with panoramic city views

University Station offers a diverse range of living spaces to suit various needs and preferences. The building features studio, one-, two-, and three-bedroom layouts, with sizes ranging from cozy 500-square-foot studios to expansive 1,740-square-foot three-bedroom units. Studios, starting at around $160,000, provide efficient living spaces with modern amenities. One-bedroom units, ranging from 500 to 1,237 square feet and priced between $171,500 and $218,000, offer more spacious accommodations with ample natural light and city views. Two-bedroom units, spanning 824 to 1,345 square feet, are available in various configurations, including some with two bathrooms. These units, priced from $222,500 to $420,000, often feature split floor plans, providing privacy and flexibility for roommates or families. Many two-bedroom units boast corner locations with wraparound windows, offering breathtaking panoramic views of the Chicago skyline. The most spacious options are the three-bedroom units, ranging from 1,049 to 1,740 square feet with two to three bathrooms. These premium residences, priced around $470,000, are ideal for larger families or those desiring extra space for home offices or guest accommodations. Throughout the building, residents enjoy modern finishes and amenities. Many units feature hardwood floors, granite countertops, stainless steel appliances, and in-unit laundry facilities. Large windows are a common feature, flooding the spaces with natural light and providing stunning views of the city and surrounding neighborhoods. Some units offer unique touches such as exposed ductwork, adding to the industrial-chic aesthetic of the building. Private outdoor spaces are available in many units, with balconies or terraces offering a perfect spot for morning coffee or evening relaxation while taking in the urban vistas. Some penthouse units boast expansive private decks, creating an unparalleled outdoor oasis in the heart of the city. Monthly HOA fees range from $300 to $900, covering a comprehensive list of services and amenities. These include heat, water, gas, parking, security, doorman services, TV/cable, exercise facilities, exterior maintenance, scavenger services, snow removal, and internet access. This all-inclusive approach to building services allows residents to enjoy a worry-free lifestyle in their University Station home.

Modern conveniences in a historic setting

University Station offers a range of amenities designed to enhance residents' daily lives. The building features two dog runs, including separate North and South facing dog walks, catering to the needs of pet owners and providing convenient spaces for furry friends to exercise and socialize. For fitness enthusiasts, a large gym and fitness room equipped with modern exercise equipment allows residents to maintain their workout routines without leaving the building. The community room and party room provide versatile spaces for social gatherings, meetings, or private events, fostering a sense of community among residents. Cyclists will appreciate the dedicated bike room, offering secure storage for bicycles. Additional storage options are available throughout the building, helping residents maximize their living spaces. The building also features a receiving room for package deliveries, ensuring residents never miss an important delivery. Security is a top priority at University Station, with door staff providing an added layer of safety and convenience. The building's secured mailroom offers peace of mind for residents' correspondence and deliveries. High-speed internet and basic cable services are included in the building's amenities, keeping residents connected and entertained. On-site management and maintenance staff ensure that the building runs smoothly and that any issues are addressed promptly. The presence of a business center adds convenience for those who work from home or need occasional office services. The building's historic landmark status not only preserves its architectural significance but also contributes to its unique character and charm. With its blend of modern amenities and historic appeal, University Station offers residents a distinctive living experience that honors the past while embracing contemporary urban living.

A cultural mosaic of urban vibrancy

University Station is situated in the vibrant Pilsen/University Village area, a neighborhood that blends rich cultural heritage with modern urban energy. This dynamic area retains much of its old-world charm while embracing contemporary city living. The neighborhood's culinary scene reflects the area's diverse cultural influences. Pilsen's 18th Street, known for its vibrant restaurant scene, is just a short distance away, offering a wide array of dining options. Nearby Taylor Street, historically associated with Chicago's Italian-American community, is lined with beloved restaurants and businesses that showcase the area's cultural diversity. For everyday shopping needs, residents have several options within easy reach. Jewel-Osco, located at the corner of Ashland and Roosevelt, provides a convenient option for groceries. Those seeking specialty items can explore the various local markets and delis in the area. For broader shopping experiences, Target and Costco are located within a mile radius of the community. Cultural attractions abound in the area. The National Museum of Mexican Art, located in Pilsen, showcases a rich collection of Mexican art and cultural artifacts. The historic Thalia Hall, a restored 19th-century theater, hosts concerts and events, adding to the neighborhood's vibrant entertainment scene. Green spaces offer respite from urban life. Addams/Medill Park, just a short walk away, provides recreational facilities including a playground and sports fields. The recently developed ComEd Recreation Center at Jane Addams Park offers indoor soccer and basketball facilities, promoting an active lifestyle for residents of all ages. The proximity to the University of Illinois at Chicago (UIC) infuses the area with a youthful, academic energy. This blend of university life, diverse cultural influences, and historic charm creates a unique and dynamic neighborhood atmosphere around University Station.

Well-connected urban living with multiple transit options

University Station's location offers residents excellent transportation options, making it easy to navigate the city and beyond. The area's high walkability means many daily errands and activities can be accomplished on foot, with numerous shops, restaurants, and services within easy walking distance. For those relying on public transportation, the building is well-served by Chicago's extensive transit network. The CTA Blue Line station at Racine is within walking distance, providing direct access to downtown Chicago, O'Hare International Airport, and other parts of the city. The Pink Line's 18th Street station is also nearby, offering another rapid transit option. Bus service in the area is comprehensive, with several routes stopping close to University Station. The Blue Island & 16th Street bus stop is just a minute's walk away, served by the Blue Island/26th route. Additional bus stops at 18th Street & Blue Island and 18th Street & Throop, both within a five-minute walk, are served by multiple routes including the 16th/18th and Blue Island/26th lines. These bus services provide convenient connections to other parts of the city not directly served by the L trains. For those traveling to the suburbs or looking for alternative rail options, the Halsted Metra station is about a 15-minute walk or a short drive away. This station is on the Burlington Northern-Santa Fe Railway Line, offering service to Chicago's western suburbs. Cyclists will appreciate the area's extensive bike lanes and the building's proximity to several major bike routes. The high bikeability of the neighborhood makes cycling a practical and enjoyable option for both commuting and leisure. For residents who prefer to drive, University Station offers convenient access to major highways. Interstates 90 and 290 are easily accessible, facilitating travel to other parts of the city and beyond. The building's location also allows for relatively quick drives to both of Chicago's major airports: Chicago Midway International Airport is about a 15-minute drive, while O'Hare International Airport can be reached in approximately 30 minutes, traffic permitting. The combination of walkable streets, extensive public transit options, bike-friendly infrastructure, and easy highway access makes University Station an ideal home base for navigating Chicago, whether for work, study, or leisure.

Available Condos

Building Details

Recreation

  • Fitness Center
  • Community Pool
  • Bike Trail

Outdoor Features

  • Sundeck
  • Building Patio

Amenities

  • Doorman
  • Business Center
  • Party Room
  • Lounge
  • Package Room
  • Bike Room
  • Community Storage Space
  • Resident Manager or Management On Site
  • 24 Hour Access

Parking

  • 1 Garage Space Per Unit
  • 1 Car Attached Garage
  • Uncovered Parking
  • On-Site Parking
  • Assigned Parking

Pet Policy

  • Limit on the number of pets
  • Pet Deposit Required
  • Dogs and Cats Allowed

Condo Association

  • $847 Monthly HOA Fees
  • Monthly HOA Fees Range from $399 - $905
  • Association fees include heat, water, gas, insurance, doorman, tv/cable, exterior maintenance, scavenger, snow removal, internet
  • Larry Schwartz Association, Phone Number (773) 828-1100
  • University Station Subdivision
  • Property managed by University Station the Building Group
  • On-Site Maintenance

Building Design

  • Elevator
  • Fire Sprinkler System
  • High-Rise Condominium
  • Lobby

Unit Features

  • Open Floorplan
  • Laundry Room
  • Washer and Dryer Hookup
  • Balcony

Activity

Views

52

Unit Information

Unit
501
822
Beds
2 Beds
1 Bed
2 Beds
Baths
2 Baths
1 Bath
2 Baths
Sq Ft
--
--
1,250
Price
$270,000
$229,900
$300,000
Price / Sq Ft
--
--
$240 / Sq Ft
List Date
03/28/2025
06/23/2025
07/11/2025

Unit Size and Value Ranges

Studio Units
Sq Ft Range
None Available
Est. Values
$142,525 - $445,948
1 Bedroom Units
Sq Ft Range
500 - 1,100
Est. Values
$171,609 - $295,898
2 Bedroom Units
Sq Ft Range
800 - 1,345
Est. Values
$181,000 - $364,556
3 Bedroom Units
Sq Ft Range
1,049 - 1,740
Est. Values
$363,285 - $445,948
All Units
Sq Ft Range
500 - 1,740
Est. Values
$142,525 - $445,948

Map

Area Factors

High Crime

Crime Score®

7 / 10

Biker's Paradise

Bike Score®

98 / 100

Walker's Paradise

Walk Score®

92 / 100

Good Transit

Transit Score®

64 / 100
Sources: WhatIsMyCrimeRisk.com, Walk Score
Sources: WhatIsMyCrimeRisk.com, Walk Score

WhatIsMyCrimeRisk.com, Powered by CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks. Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

Environmental Factors

Active

Sound Score®

72 / 100

--

Air Pollution®

N/A / 10

--

Flood Factor®

N/A / 10

--

Fire Factor®

N/A / 10

--

Heat Factor®

N/A / 10

--

Wind Factor®

N/A / 10
Source: First Street, How Loud
Sources: First Street, How Loud

Sound Score® measures the noise level of any address. Environmental risk data is provided by First Street Foundation® and is designed to approximate risk and not intended to include all possible scenarios.

Parks in this Area

Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology
Disclaimer: Please note that this building may not be in these schools' attendance zones.

Agents Active in this Building

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Property Taxes

Range in Assessed Values
$2.7K - $48.1K
Range of Taxes in Building
$96 - $8,772
Range of Taxes per Sq Ft
$0.11 - $8.22

Property Tax History

Source: Public Records

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