University Park 1401 E 55th St Unit 602 Chicago, IL 60615
Hyde Park NeighborhoodEstimated payment $2,503/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 near the University of Chicago campus, this corner condo with beautiful sunset views looks out over a neighborhood of mature trees and university buildings. The distinctive I.M. Pei design shines through the arched windows which flood the apartment with natural light and help to blend the modernist architecture with the natural elements and open spaces below. The main living space has wood floors and ample room for both dining and living areas. The kitchen, equipped with stainless steel appliances including a brand new stove and refrigerator, has plenty of storage and counter space. Both bedrooms have brand new carpet and are roomy enough for king or queen size beds along with space for a desk and other furniture. The bath inside the primary bedroom has a full size tiled shower stall and an original porcelain sink and faucet. This pet-friendly building is perfect for investors looking to rent to University students or anyone wanting to live in the heart of Hyde Park. Enjoy easy access to the lake, vibrant nightlife, shopping, and dining while only a short commute to downtown. The building has attentive management, great security, and a large engineering staff. Extra amenities include a lovely pool, an exercise room, three parking spaces in the garage, a storage locker (#192), and an impressive courtyard anchored by a beautiful fountain. The building's assessment covers heat, water, gas, cable, internet, and on-site management. The apartment has three brand new air conditioners, is freshly painted, and ready for you to move in.
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
- In Ground 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 |
|---|---|---|---|---|
| 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 | Change | Sq Ft Price |
|---|---|---|---|---|
| 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 |
| 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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