NOT LISTED FOR SALE

University Park 1401 E 55th St Unit 409N Chicago, IL 60615

Hyde Park Neighborhood

Estimated Value: $118,620 - $150,000

Studio
1 Bath
500 Sq Ft
5.61 Acre Lot

Sale Details

Date Sold: November 21, 2022

Last sale price $90,000 $180 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $1,254 / mo

3 Days on Market

Highlights

  • Doorman
  • Fitness Center
  • Rooftop Deck
  • Kenwood Academy High School Rated A-
  • In Ground Pool
  • 4-minute walk to Spruce Park

About This Home

As of November 2022

Welcome to this bright and light-filled studio at I.M. Pei's classic University Park Condominiums. This cozy, move-in ready property features a sunny open space with serene city views, 3-years new flooring and double glazed windows. Well designed, fresh kitchen showcases white appliances, granite countertop, ample storage and room for an eat-in table. Spacious bathroom and two generous closets round out this condo. Additional storage in lower level. Well maintained building offers round-the-clock door staff, on-site management, multiple laundry rooms, gym, an outdoor pool and gardens. Fantastic location in Hyde Park - close to restaurants, coffee shops, entertainment, shopping, grocery and to the beautiful lakefront and multiple parks. Easy commuter access too - University of Chicago shuttle at door; close to bus, El and Metra for downtown Chicago; and minutes to Lake Shore Drive. Own for less than your rent or purchase and rent out - investor friendly building! This is one to see - make your appointment today!

Last Agent to Sell the Property

Swati Saxena

Baird & Warner License #471003778 Listed on: 10/26/2022

Baird & Warner

Last Buyer's Agent

Minmei Chen

Century 21 Realty Associates License #475175923

Century 21 Realty Associates

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,078

Year Built

  • Built in 1963

Lot Details

  • 5.61

HOA Fees

  • $436 Monthly HOA Fees

Home Design

  • Studio
  • Slab Foundation
  • Asphalt Roof
  • Concrete Block And Stucco Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 500 Sq Ft Home
  • Combination Dining and Living Room
  • Range
  • Laundry in multiple locations

Bedrooms and Bathrooms

  • 1 Full Bathroom
  • Garden Bath

Outdoor Features

  • In Ground Pool
  • Rooftop Deck
  • Patio
  • Fire Pit
  • Outdoor Grill

Schools

  • Ray Elementary School
  • Kenwood Academy High School

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Lake Michigan Water
  • Cable TV Available

Community Details

Overview

  • Association fees include heat, water, security, doorman, tv/cable, exterior maintenance, lawn care, scavenger, snow removal, internet
  • 540 Units
  • Megan Association, Phone Number (773) 324-1414
  • Property managed by Liebermann
  • Lock-and-Leave Community
  • 10-Story Property

Amenities

  • Doorman
  • Sundeck
  • Building Patio
  • Common Area
  • Party Room
  • Coin Laundry
  • Elevator

Recreation

  • Bike Trail

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,078

Year Built

Built in 1963

Lot Details

5.61 Acres

HOA Fees

$436 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Studio
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,Studio
  • Year Built: 1963
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 4
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 10

Interior Features

  • Appliances: Range, Refrigerator
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • LivingArea: 500
  • Room Type: No additional rooms
  • Stories Total: 10
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Slab
  • Bathroom Amenities: Garden Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Patio, Roof Deck, In Ground Pool, Outdoor Grill, Fire Pit, Cable Access
  • Foundation Details: Concrete Perimeter
  • Lot Features: Common Grounds
  • OtherStructures: None
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Concrete

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Cooling: Window/Wall Unit - 1
  • Electric: Circuit Breakers
  • Heating: Natural Gas
  • Laundry Features: Common Area, Multiple Locations
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 436
  • Association Amenities: Bike Room/Bike Trails, Door Person, Coin Laundry, Elevator(s), Exercise Room, Storage, On Site Manager/Engineer, Party Room, Sundeck, Pool, Security Door Lock(s), Elevator(s), Patio
  • Association Fee Frequency: Monthly
  • Management: Manager On-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Liebermann
  • Management Contact Name: Megan
  • Management Phone: 773-324-1414
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

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

Lot Info

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

Rental Info

  • Board Number: 16
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 1078.19
  • Tax Year: 2020
  • Tax Exemptions: None

Multi Family

  • Units in Building: 540

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2022
Closed on
Nov 4, 2022
Sold by
Bought by
Seller's Agent
Swati Saxena
Baird & Warner
Buyer's Agent
Minmei Chen
Century 21 Realty Associates
List Price
$93,000
Sold Price
$90,000
Premium/Discount to List
-$3,000
-3.23%
Views
10
Current Estimated Value
$127,905

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,905
Avg. Annual Appreciation
9.99%

Purchase Details

Closed on
Nov 10, 1995
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$90,000 None Listed On Document
$22,500 --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/21/2022 11/21/22 Sold $90,000 -3.2% $180 / Sq Ft
10/30/2022 10/30/22 Pending -- -- --
10/26/2022 10/26/22 For Sale $93,000 -- $186 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,376 $8,580 $1,857 $6,723
2024 $1,376 $8,580 $1,857 $6,723
2023 $1,337 $6,500 $1,498 $5,002
2022 $1,337 $6,500 $1,498 $5,002
2021 $1,307 $6,499 $1,497 $5,002
2020 $1,078 $4,840 $1,198 $3,642
2019 $1,059 $5,271 $1,198 $4,073
2018 $1,041 $5,271 $1,198 $4,073
2017 $1,026 $4,768 $988 $3,780
2016 $955 $4,768 $988 $3,780
2015 $874 $4,768 $988 $3,780
2014 $1,083 $5,836 $808 $5,028
2013 $1,061 $5,836 $808 $5,028
Source: Public Records

Agents Affiliated with this Home

  • Swati Saxena

    Seller's Agent in 2022

    Swati Saxena

    Baird Warner

    (847) 477-3655

    3 in this area

    222 Total Sales

    Swati Saxena
    Section Image

  • M

    Buyer's Agent in 2022

    Minmei Chen

    Century 21 Realty Associates

    (312) 804-4354

    7 in this area

    26 Total Sales

    Minmei Chen
    Section Image
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About University Park

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11661076

Midwest Real Estate Data (MRED)

APN: 20-14-202-076-1075

Illinois Cook County Chicago 60615 Hyde Park

1401 E 55th St Unit 409N, Chicago, IL

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) 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.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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