University Park 1401 E 55th St Unit 602 Floor 6 Chicago, IL 60615
Hyde Park NeighborhoodEstimated payment $2,487/month
Highlights
- Doorman
- Fitness Center
- Lock-and-Leave Community
- Kenwood Academy High School Rated A-
- In Ground Pool
- 4-minute walk to Spruce Park
About This Home
Located just steps from the University of Chicago campus, this corner condo offers beautiful sunset views overlooking mature trees and historic university buildings. Designed by I.M. Pei, the residence showcases his iconic architectural style with distinctive arched windows that flood the home with natural light and seamlessly connect the modernist interior to the open green spaces below. The spacious main living area features wood floors and plenty of room for both living and dining. The well-appointed kitchen includes stainless steel appliances-among them a brand-new stove and refrigerator-along with generous counter space and storage. Both bedrooms have brand-new carpet and are large enough for king- or queen-size beds, as well as a desk or additional furniture. The primary suite includes a full-size tiled shower and the original porcelain sink and faucet, adding a touch of classic character. This pet-friendly building is an excellent option for investors seeking to rent to University of Chicago students or for anyone wanting to live in the heart of Hyde Park. Enjoy close proximity to the lakefront, vibrant nightlife, shopping, dining, and an easy commute to downtown. Residents benefit from attentive on-site management, strong security, and a dedicated engineering staff. Amenities include a lovely pool, fitness room, three garage parking spaces, a storage locker (#192), and an impressive courtyard centered around a beautiful fountain. Monthly assessments cover heat, water, gas, and on-site management. Freshly painted and move-in ready, the condo also features three brand-new air conditioners-offering comfort, convenience, and style in one of Hyde Park's premier buildings.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,964
Year Built
- Built in 1959
HOA Fees
- $1,148 Monthly HOA Fees
Parking
- 3 Car Garage
- Parking Included in Price
Home Design
- Entry on the 6th floor
- Brick Exterior Construction
- Stone Siding
- Concrete Perimeter Foundation
Interior Spaces
- 1,000 Sq Ft Home
- Family Room
- Combination Dining and Living Room
- Carpet
- Door Monitored By TV
- Range
- Laundry Room
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- 2 Full Bathrooms
Pool
Utilities
- Heating System Uses Natural Gas
- Lake Michigan Water
Community Details
Overview
- Association fees include heat, water, gas, parking, insurance, security, doorman, tv/cable, exercise facilities, pool, exterior maintenance, lawn care, scavenger, snow removal, internet
- 540 Units
- Megan Serena Association, Phone Number (773) 324-1414
- High-Rise Condominium
- University Park Condos Subdivision
- Property managed by FirstService Residential
- Lock-and-Leave Community
- 10-Story Property
Amenities
- Doorman
- Sundeck
- Common Area
- Coin Laundry
- Elevator
- Service Elevator
- Package Room
Recreation
- Community Pool
Pet Policy
- Dogs and Cats Allowed
Security
- Resident Manager or Management On Site
Map
About University Park
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 |
|---|---|---|---|---|
| 2025 | $2,964 | $18,932 | $4,098 | $14,834 |
| 2024 | $2,964 | $18,932 | $4,098 | $14,834 |
| 2023 | $2,879 | $14,000 | $3,305 | $10,695 |
| 2022 | $2,879 | $14,000 | $3,305 | $10,695 |
| 2021 | $2,815 | $13,999 | $3,305 | $10,694 |
| 2020 | $1,135 | $10,681 | $2,644 | $8,037 |
| 2019 | $1,097 | $11,632 | $2,644 | $8,988 |
| 2018 | $894 | $11,632 | $2,644 | $8,988 |
| 2017 | $812 | $10,523 | $2,181 | $8,342 |
| 2016 | $1,607 | $10,523 | $2,181 | $8,342 |
| 2015 | $1,448 | $10,523 | $2,181 | $8,342 |
| 2014 | $1,913 | $12,879 | $1,784 | $11,095 |
| 2013 | $1,864 | $12,879 | $1,784 | $11,095 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/28/2025 09/28/25 | For Sale | $209,000 | +79.6% | $209 / Sq Ft | |
| 10/05/2015 10/05/15 | Sold | $116,400 | -14.3% | $116 / Sq Ft | View Prior Sale |
| 09/13/2015 09/13/15 | Pending | -- | -- | -- | |
| 06/08/2015 06/08/15 | For Sale | $135,900 | -- | $136 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $116,500 | Fidelity |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12478044
APN: 20-14-202-076-1014
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