University Park 1401 E 55th St Unit 703N Chicago, IL 60615
Hyde Park NeighborhoodEstimated payment $1,612/month
1
Bed
1
Bath
--
Sq Ft
--
Price per Sq Ft
Highlights
- Doorman
- Fitness Center
- Party Room
- Kenwood Academy High School Rated A-
- Community Pool
- 4-minute walk to Spruce Park
About This Home
Top-floor unit with panoramic downtown view at University Park Condominium (UPC) which was designed by well-known architects I. M. Pei. This sun filled 1 bed and 1 bath has wood floors throughout and in a perfect move in condition. The building offers on-site management, 24 hour door staff, in-building laundry rooms, additional storage and an outdoor swimming pool. Close to lakefront, park, Trader Joe's, Whole Foods, tons of restaurants, stores and entertainment in Hyde Park. 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. Located in Ray school district. Investor friendly building
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,011
Year Built
- Built in 1959
HOA Fees
- $656 Monthly HOA Fees
Home Design
- Concrete Block And Stucco Construction
Interior Spaces
- Family Room
- Living Room
- Dining Room
- Laundry Room
Flooring
- Laminate
- Ceramic Tile
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Potential Bedroom
- 1 Full Bathroom
Utilities
- Heating System Uses Natural Gas
- Lake Michigan Water
Community Details
Overview
- Association fees include heat, water, gas, insurance, doorman, tv/cable, exterior maintenance, lawn care, scavenger, snow removal
- 540 Units
- Megan Serena Association, Phone Number (773) 324-1414
- Property managed by First Service residential
- 10-Story Property
Amenities
- Doorman
- Sundeck
- Party Room
- Coin Laundry
- Elevator
Recreation
- Community Pool
- Bike Trail
Pet Policy
- Dogs and Cats Allowed
Security
- Resident Manager or Management On Site
Map
About University Park
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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 | $1,954 | $12,194 | $2,640 | $9,554 |
| 2023 | $1,954 | $9,500 | $2,129 | $7,371 |
| 2022 | $1,954 | $9,500 | $2,129 | $7,371 |
| 2021 | $1,910 | $9,499 | $2,128 | $7,371 |
| 2020 | $1,532 | $6,879 | $1,703 | $5,176 |
| 2019 | $1,505 | $7,492 | $1,703 | $5,789 |
| 2018 | $1,480 | $7,492 | $1,703 | $5,789 |
| 2017 | $1,459 | $6,777 | $1,404 | $5,373 |
| 2016 | $1,357 | $6,777 | $1,404 | $5,373 |
| 2015 | $1,242 | $6,777 | $1,404 | $5,373 |
| 2014 | $1,539 | $8,295 | $1,149 | $7,146 |
| 2013 | $1,509 | $8,295 | $1,149 | $7,146 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/10/2025 05/10/25 | For Sale | $142,000 | +18.3% | -- |
| 09/03/2021 09/03/21 | Sold | $120,000 | -9.1% | -- |
| 08/28/2021 08/28/21 | Pending | -- | -- | -- |
| 08/18/2021 08/18/21 | For Sale | $132,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $120,000 | Fidelity National Title | |
| Interfamily Deed Transfer | -- | Chicago Title Insurance Co | |
| Warranty Deed | $55,000 | Chicago Title Insurance Co | |
| Warranty Deed | $40,000 | Attorneys Natl Title Network | |
| Warranty Deed | $35,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $70,000 | Credit Line Revolving | |
| Previous Owner | $32,000 | No Value Available | |
| Previous Owner | $28,000 | No Value Available |
Source: Public Records
Similar Homes in the area
Source: Midwest Real Estate Data (MRED)
MLS Number: 12362121
APN: 20-14-202-076-1024
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