NOT LISTED FOR SALE

Estimated Value: $138,000 - $160,000

1 Bed
1 Bath
800 Sq Ft
5.61 Acres

Last Sold July 14, 2022

Last sale price $130,000 $162 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $962/month

Highlights

  • Doorman
  • Fitness Center
  • Furnished
  • Kenwood Academy High School Rated A-
  • Lock-and-Leave Community
  • 4-minute walk to Spruce Park

About This Home

As of August 2024

Fantastic apartment with garage space available for rent in the ideally located University Park Condominiums. This unit is available furnished for added convenience. Prime location just steps away from the University of Chicago, with convenient access to school shuttles and public transportation right at your doorstep. This spacious unit features a large living and dining area with ample light through floor-to-ceiling windows. The kitchen boasts a newer stainless steel fridge and recently refinished cabinets. The generously sized bedroom includes a large closet, offering ample storage space. The bathroom has been upgraded with a new toilet and tiles. Enjoy the convenience of being within walking distance to shopping, dining, museums, the University of Chicago campus, and the picturesque lakefront. Residents have access to a range of amenities, including 24/7 security, onsite management, a sundeck, outdoor pool, elevator, party room, receiving room, laundry facility, and more. Additional storage is available within the building.

Last Agent to Rent the Property

Mark Zipperer

RE/MAX PREMIER License #471005541 Listed on: 07/23/2024

RE/MAX PREMIER

Co-Listed By

Charles Corso

Berkshire Hathaway HomeServices Chicago License #475207905

Last Renter's Agent

Maria Tamari

Mark Allen Realty ERA Powered License #475194749

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,906

Year Built

  • Built in 1963

Lot Details

  • 5.61

Parking

  • 1 Car Attached Garage
  • Heated Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Space is Owned

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 800 Sq Ft Home
  • Furnished
  • Range

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Home Security

Schools

  • Ray Elementary School
  • Kenwood Academy High School

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Heating System Uses Steam
  • Lake Michigan Water

Additional Features

  • Exterior Lighting
  • Property is near a bus stop

Listing and Financial Details

  • Property Available on 9/15/24
  • Rent includes heat, water, scavenger, doorman, exterior maintenance, snow removal
  • 12 Month Lease Term

Community Details

Overview

  • 540 Units
  • University Park Condos Association, Phone Number (773) 324-1414
  • University Park Condos Subdivision
  • Property managed by First Service Residential
  • Lock-and-Leave Community
  • Community features wheelchair access
  • 5-Story Property

Amenities

  • Doorman
  • Common Area
  • Party Room
  • Laundry Facilities
  • Elevator
  • Package Room

Recreation

  • Community Pool
  • Bike Trail

Pet Policy

  • Pets up to 50 lbs
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site
  • Carbon Monoxide Detectors

Condo Details

Home Type

Condominium

Est. Annual Taxes

$1,906

Year Built

Built in 1963

Lot Details

0

Parking

1

Rental Info

  • Available Date: 2024-09-15
  • Lease Term: 12 Months
  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Type of Rental Property: Attached
  • Rental Price: 1900
  • Is Parking Included in Price: No
  • Fees/Approvals: Move-in Fee,Move Out Fee,Refundable Damage Deposit
  • Max Pet Weight: 50
  • Furnished Rent Rate: 1900

Listing Details

  • Property Type: Residential Lease
  • Property Type: Residential Lease
  • Type Attached: Condo
  • Property Sub-Type: Attached
  • Subdivision Name: University Park Condos
  • Year Built: 1963
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access,Non-Smoking Building
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 3
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 5

Interior Features

  • Appliances: Range, Refrigerator
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Furnished: Yes
  • LivingArea: 800
  • Other Equipment: CO Detectors
  • Room Type: No additional rooms
  • Stories Total: 5
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • List Price: 1900
  • Lot Features: Common Grounds, Outdoor Lighting, Sidewalks, Streetlights
  • Waterfront: No
  • Exterior Building Type: Concrete

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Garage Details: Garage Door Opener(s),Transmitter(s),Heated
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Window/Wall Units - 2
  • Heating: Steam
  • Laundry Features: Common Area
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Amenities: Bike Room/Bike Trails, Door Person, Elevator(s), Exercise Room, Storage, On Site Manager/Engineer, Party Room, Pool, Receiving Room, Security Door Lock(s), Laundry, Public Bus, Wheelchair Orientd
  • Rent Includes: Heat, Water, Scavenger, Doorman, Exterior Maintenance, Snow Removal
  • Management: Manager On-site
  • Management Company: First Service Residential
  • Management Contact Name: University Park Condos
  • Management Phone: 773-324-1414

Schools

  • Elementary School: Ray Elementary School
  • High School: Kenwood Academy High School
  • Middle/Junior School: Ray Elementary School
  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: COMMON

Multi Family

  • Units in Building: 540

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2022
Closed on
Jul 8, 2022
Sold by
Liang Li
Bought by
Imam Imtiaz Syed and Imam Asiya
Seller's Agent
Jane Lee
RE/MAX Top Performers
Buyer's Agent
Jane Lee
RE/MAX Top Performers
List Price
$132,900
Sold Price
$130,000
Premium/Discount to List
-$2,900
-2.18%
Current Estimated Value
$150,863

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,863
Avg. Annual Appreciation
4.72%

Purchase Details

Closed on
Jun 14, 2005
Sold by
Rice Rosa B
Bought by
Liang Li

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,000
Interest Rate
4.87%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 24, 2005
Sold by
Chicago Title Land Trust Co
Bought by
Rice Rosa B

Purchase Details

Closed on
Nov 19, 2002
Sold by
Grossman Robert M
Bought by
Chicago Title Land Trust Company and Trust #1104906
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Imam Imtiaz Syed $130,000 Citywide Title
Liang Li $117,500 Git
Rice Rosa B -- --
Chicago Title Land Trust Company $74,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Liang Li $94,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/17/2024 08/17/24 Rented $1,900 0.0% --
07/30/2024 07/30/24 Under Contract -- -- --
07/23/2024 07/23/24 For Rent $1,900 0.0% --
07/14/2022 07/14/22 Sold $130,000 -2.2% $163 / Sq Ft View Prior Sale
07/08/2022 07/08/22 For Sale $132,900 +2.2% $166 / Sq Ft
06/30/2022 06/30/22 Pending -- -- --
06/27/2022 06/27/22 Off Market $130,000 -- --
06/23/2022 06/23/22 For Sale $132,900 -- $166 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

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 $1,906 $11,893 $2,575 $9,318
2023 $1,851 $9,000 $2,076 $6,924
2022 $1,851 $9,000 $2,076 $6,924
2021 $1,810 $8,999 $2,076 $6,923
2020 $1,495 $6,709 $1,660 $5,049
2019 $1,468 $7,306 $1,660 $5,646
2018 $1,443 $7,306 $1,660 $5,646
2017 $1,423 $6,610 $1,370 $5,240
2016 $1,324 $6,610 $1,370 $5,240
2015 $1,211 $6,610 $1,370 $5,240
2014 $1,501 $8,091 $1,121 $6,970
2013 $1,472 $8,091 $1,121 $6,970
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12110172

Midwest Real Estate Data (MRED)

APN: 20-14-202-076-1038