University Park 1400 E 55th Place Unit 1002S Chicago, IL 60637
Hyde Park NeighborhoodEstimated payment $2,824/month
Total Views
121,618
3
Beds
2
Baths
--
Sq Ft
--
Price per Sq Ft
Highlights
- Doorman
- Fitness Center
- Elevator
- Kenwood Academy High School Rated A-
- Community Pool
- Resident Manager or Management On Site
About This Home
Attention, investors! One of only four original 3 bedroom units in the entire University Park Condo (UPC) building in the heart of Hype Park, Chicago, with 3 bedrooms and 2 bathrooms is rented (renewed to 3 tenants) through Aug. 31, 2026. The UPC building is in very high demand for rentals among University of Chicago employees and graduate students, which makes it an excellent investment opportunity. This large top-floor corner condo has a remarkable 17 windows that provide an excellent natural light year-round. Very spacious bedrooms have updated flooring. The building features on-site management, 24/7 door staff, elevators, multiple laundry rooms, additional storage, and an outdoor swimming pool. The UPC is located in close proximity to all of Hyde Park's amenities: Trader Joe's, Whole Foods, popular restaurants, and more. Steps from numerous public transportation options, including the university of Chicago Campus buses and Metra around the corner. Street parking is easy.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,811
Year Built
- Built in 1961
HOA Fees
- $1,265 Monthly HOA Fees
Home Design
- Entry on the 10th floor
- 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
Recreation
- 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
Map
About University Park
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 07/29/2025 07/29/25 | Price Changed | $235,000 | -5.6% | -- |
| 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 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
Ali's Other Listings
Source: Midwest Real Estate Data (MRED)
MLS Number: 12405060
APN: 20-14-202-076-1288
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked.
Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Nearby Homes
- 1450 E 55th Place Unit 317S
- 1450 E 55th Place Unit 230S
- 1401 E 55th St Unit 313N
- 1401 E 55th St Unit 815N
- 1451 E 55th St Unit 825N
- 1451 E 55th St Unit 1030N
- 5517 S Dorchester Ave
- 1400 E 55th St Unit 509S
- 5616 S Harper Ave
- 5656 S Dorchester Ave Unit B
- 1302 E 56th St Unit 3
- 5400 S Harper Ave Unit 1401
- 1300 E 56th St Unit G
- 1308 E 56th St Unit 2
- 5641 S Harper Ave
- 1368 E 57th St Unit 3
- 5520 S Cornell Ave Unit 3N
- 1366 E 57th St Unit 3
- 5707 S Blackstone Ave Unit 2
- 5515 S Woodlawn Ave Unit 3S
- 1400 E 55th Place Unit 901S
- 1450 E 55th Place Unit 530S
- 1450 E 55th Place Unit 318S
- 1401 E 55th St Unit 812N
- 1401 E 55th St Unit 616N
- 1401 E 55th St Unit 701N
- 1400 E 55th Place Unit 516S
- 1451 E 55th St Unit 618N
- 1451 E 55th St Unit 523N
- 5550 S Dorchester Ave
- 5600 S Dorchester Ave Unit 3
- 5417-5423 S Harper Ave
- 1515-1521 E 54th St
- 5480 S Cornell Ave
- 5480 S Cornell Ave Unit 100
- 5480 S Cornell Ave Unit 1
- 1616 E 56th St
- 5704 S Harper Ave Unit 209
- 5252 S Cornell Ave Unit FL20-ID1158
- 5252 S Cornell Ave Unit FL10-ID1159