NOT LISTED FOR SALE

University Park 1401 E 55th St Unit 307N Chicago, IL 60615

Hyde Park Neighborhood

Estimated Value: $133,000 - $148,000

1 Bed
1 Bath
900 Sq Ft
$569/ mo HOA Fee

Last Sold March 29, 2023

Last sale price $105,000 $117 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $1,389/month

60 Days on Market

Highlights

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

About This Home

As of March 2023

"DEAL FELL" Spacious 1 bedroom/1 bath with lots of natural light and space. Amenities include 24/7 door staff, exercise room, bike room, outdoor pool, enclosed secluded courtyard, onsite laundry, secure package receiving room. The building is well located, near by parks, very close to 53rd Street dining, Whole Foods and Trader Joe's, Starbucks, University of Chicago, Metra and CTA buses to downtown, and the lake front. The University Park Condominiums feature a large courtyard, 24 hour doorman, outdoor pool, laundry onsite, exercise facility (newly renovated will be completed Jan. 2023). Assessments include water, heat, gas, common insurance, storage, landscaping and maintenance. Investor building friendly. Easy access to Lake Shore Drive and many public transportation options for downtown and University of Chicago commute. University of Chicago school shuttle at the door. Parking Available - (See Management Office - Indoor) Sold As Is.

Last Agent to Sell the Property

Sheri Blakely

RE/MAX Premier License #475112126 Listed on: 11/25/2022

Last Buyer's Agent

Ali Arciniega

ALLURE Real Estate License #475163462

ALLURE Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,006

Year Built

  • Built in 1963

Lot Details

  • 5.61

HOA Fees

  • $569 Monthly HOA Fees

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 900 Sq Ft Home
  • Living Room
  • Dining Room

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Schools

  • Raymond Elementary School
  • Kenwood Academy High School

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions
  • Other Tax Exemptions

Community Details

Overview

  • Association fees include heat, water, gas, insurance, security, doorman, exterior maintenance, lawn care, scavenger, snow removal
  • 540 Units
  • Richard Association, Phone Number (773) 324-1414
  • University Park Condos Subdivision
  • Property managed by First Service Residential
  • Lock-and-Leave Community
  • 10-Story Property

Amenities

  • Doorman
  • Coin Laundry
  • Elevator
  • Package Room

Recreation

  • Fitness Center
  • Community Pool
  • Bike Trail

Pet Policy

  • Pets up to 50 lbs
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,006

Year Built

Built in 1963

Lot Details

5.61 Acres

HOA Fees

$569 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Subdivision Name: University Park Condos
  • Year Built: 1963
  • Age: 51-60 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
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • AttributionContact: (312) 735-4250
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 10

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • LivingArea: 900
  • Room Type: No additional rooms
  • Stories Total: 10
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Window Features: All
  • ResoLivingAreaSource: Estimated

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Concrete

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Natural Gas
  • Laundry Features: Common Area
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 569
  • Association Amenities: Bike Room/Bike Trails, Door Person, Coin Laundry, Elevator(s), Exercise Room, Storage, On Site Manager/Engineer, Pool, Receiving Room, Security Door Lock(s), Elevator(s)
  • Association Fee Frequency: Monthly
  • Management: Manager On-site
  • Master Association Fee Frequency: Not Required
  • Management Company: First Service Residential
  • Management Contact Name: Richard
  • Management Phone: 773-324-1414
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Elementary School: Raymond Elementary School
  • High School: Kenwood Academy High School

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 50

Tax Info

  • Tax Annual Amount: 1005.96
  • Tax Year: 2021
  • Tax Exemptions: Homeowner,Disabled Person

Multi Family

  • Units in Building: 540

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 25, 2022
Closed on
Mar 17, 2023
Sold by
Wilson Victoria
Bought by
Zorach Rebecca E and Zorach Deborah S
Seller's Agent
Sheri Blakely
RE/MAX Premier
Buyer's Agent
Ali Arciniega
ALLURE Real Estate
List Price
$124,900
Sold Price
$105,000
Premium/Discount to List
-$19,900
-15.93%
Views
54
Current Estimated Value
$140,605

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,605
Avg. Annual Appreciation
10.29%
Source: Public Records
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Zorach Rebecca E $105,000 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/29/2023 03/29/23 Sold $105,000 -9.4% $117 / Sq Ft
01/25/2023 01/25/23 Pending -- -- --
01/11/2023 01/11/23 Price Changed $115,900 -7.2% $129 / Sq Ft
12/27/2022 12/27/22 For Sale $124,900 0.0% $139 / Sq Ft
12/19/2022 12/19/22 Pending -- -- --
12/05/2022 12/05/22 Price Changed $124,900 -9.4% $139 / Sq Ft
11/25/2022 11/25/22 For Sale $137,900 -- $153 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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
2025 $1,063 $11,893 $2,575 $9,318
2024 $1,063 $11,893 $2,575 $9,318
2023 $1,007 $9,000 $2,076 $6,924
2022 $1,007 $9,000 $2,076 $6,924
2021 $1,006 $8,999 $2,076 $6,923
2020 $665 $6,709 $1,660 $5,049
2019 $779 $7,306 $1,660 $5,646
2018 $765 $7,306 $1,660 $5,646
2017 $696 $6,610 $1,370 $5,240
2016 $824 $6,610 $1,370 $5,240
2015 $731 $6,610 $1,370 $5,240
2014 $1,025 $8,091 $1,121 $6,970
2013 $993 $8,091 $1,121 $6,970
Source: Public Records

Agents Affiliated with this Home

  • Sheri Blakely

    Seller's Agent in 2023

    Sheri Blakely

    RE/MAX

    (312) 735-4250

    1 in this area

    17 Total Sales

    Sheri Blakely
    Section Image
  • Ali Arciniega

    Buyer's Agent in 2023

    Ali Arciniega

    ALLURE Real Estate

    (773) 683-1249

    33 in this area

    112 Total Sales

    Ali Arciniega
    Section Image
See All Agents

About University Park

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11678367

Midwest Real Estate Data (MRED)

APN: 20-14-202-076-1056

Illinois Cook County Chicago 60615 Hyde Park

1401 E 55th St Unit 307N, Chicago, IL

Not Listed for Sale

Condos

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.

Midwest Real Estate Data (MRED) 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.
Based on information submitted to the MLS GRID

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.