$249,000

1400 E 55th Place Unit 1002S Chicago, IL 60637

Hyde Park Neighborhood

Estimated payment $2,965/month

Total Views 1,165
3 Beds
2 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Very Popular Property
  • Doorman
  • Community Pool
  • Kenwood Academy High School Rated A-
  • Fitness Center
  • Elevator

About This Home

Great opportunity to own one of only four units in the entire building with 3 very spacious bedrooms and 2 bathrooms. This large top-floor corner condo has a remarkable 17 windows with south and west exposures, providing excellent natural light year-round. Updated flooring throughout and move-in ready. The building features on-site management, 24-hour door staff, elevators, multiple laundry rooms, additional storage, and an outdoor swimming pool. It's in very high demand for rentals among UChicago employees and graduate students, making it an excellent investment opportunity. Enjoy incredible access to all of Hyde Park's amenities-Trader Joe's, Whole Foods, the University of Chicago, and more. Steps from numerous public transportation options. Investors welcome-ask about investment options!

Listing Agent

Ali Arciniega

ALLURE Real Estate License #475163462 Listed on: 06/27/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,811

Year Built

  • Built in 1961

HOA Fees

  • $1,265 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Family Room
  • Combination Dining and Living Room
  • Vinyl Flooring
  • Laundry Room

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Full Bathrooms

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

Overview

  • Association fees include heat, water, gas, insurance, security, doorman, tv/cable, pool, exterior maintenance, lawn care, scavenger, snow removal
  • 540 Units
  • Megan Serena Association, Phone Number (773) 324-1414
  • High-Rise Condominium
  • University Park Condos Subdivision, Condo Floorplan
  • Property managed by First Service Residential
  • 10-Story Property

Amenities

  • Doorman
  • Coin Laundry
  • Elevator
  • Service Elevator
  • Package Room
  • Community Storage Space

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Pets up to 50 lbs
  • Limit on the number of pets
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,811

Year Built

Built in 1961

Lot Details

0

HOA Fees

$1,265 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,High Rise (7+ Stories)
  • Ownership: Condo
  • EntryLevel: 10
  • New Construction: No
  • Property Sub-Type: Condo,High Rise (7+ Stories)
  • Subdivision Name: University Park Condos
  • Year Built: 1961
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 10

Interior Features

  • Appliances: Range, Microwave, Refrigerator
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Room Type: No additional rooms
  • Stories Total: 10
  • Estimated Total Finished Sq Ft: 0
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Flooring: Vinyl

Exterior Features

  • Construction Materials: Brick
  • List Price: 249000
  • Waterfront: No

Utilities

  • Sewer: Public Sewer
  • Cooling: Wall Unit(s)
  • Electric: Fuses
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit
  • Association Fee: 1265
  • Association Amenities: Door Person, Coin Laundry, Elevator(s), Exercise Room, Storage, On Site Manager/Engineer, Pool, Receiving Room, Service Elevator(s)
  • Association Fee Frequency: Monthly
  • Management: Manager On-site,Monday through Friday
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: First Service Residential
  • Management Contact Name: MEGAN SERENA
  • Management Phone: 773-324-1414

Fee Information

  • Association Fee Includes: Heat, Water, Gas, Insurance, Security, Doorman, TV/Cable, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Schools

  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: PER SURVEY
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Max Pet Weight: 50

Tax Info

  • Tax Annual Amount: 3811
  • Tax Year: 2023
  • Tax Exemptions: None

Multi Family

  • Units in Building: 540

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,811 $23,527 $5,093 $18,434
2023 $3,702 $18,000 $4,107 $13,893
2022 $3,702 $18,000 $4,107 $13,893
2021 $3,619 $17,999 $4,107 $13,892
2020 $2,957 $13,273 $3,285 $9,988
2019 $2,904 $14,455 $3,285 $11,170
2018 $2,855 $14,455 $3,285 $11,170
2017 $1,507 $13,077 $2,710 $10,367
2016 $2,619 $13,077 $2,710 $10,367
2015 $2,396 $13,077 $2,710 $10,367
2014 $2,084 $16,005 $2,217 $13,788
2013 $2,091 $16,005 $2,217 $13,788
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2025 06/27/25 For Sale $249,000 -- --
Source: Midwest Real Estate Data (MRED)

Purchase History

Date Type Sale Price Title Company
Guardian Deed $173,500 Chicago Title
Warranty Deed $199,000 Chicago Title Insurance Comp
Deed $165,000 --
Warranty Deed $120,000 Chicago Title Insurance Co
Warranty Deed $74,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $158,000 Unknown
Previous Owner $118,000 Unknown
Previous Owner $115,500 No Value Available
Previous Owner $70,750 No Value Available
Source: Public Records

About the Listing Agent

Ali Arciniega

ALLURE Real Estate

(312) 800-1681

Section Image

Ali specializes in residential sales and leasing in several of Chicago’s top markets, with an emphasis on The Loop, South/West Loop, River North, Hyde Park, Wicker Park and Bucktown. He joined our boutique brokerage in 2014, and brought with him team and project management experience from various industries. His service is founded on hard work and attentiveness throughout the process, plus a deep appreciation for honesty and clear communication.

Ali enjoys exploring Chicago’s

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Source: Midwest Real Estate Data (MRED)

MLS Number: 12405060

Midwest Real Estate Data (MRED)

APN: 20-14-202-076-1288