University Park 1401 E 55th St Unit 703N Chicago, IL 60615
Hyde Park Neighborhood
1
Bed
1
Bath
--
Sq Ft
$614/mo
HOA Fee
Highlights
- Doorman
- Fitness Center
- Party Room
- Kenwood Academy High School Rated A-
- Community Pool
- 4-minute walk to Spruce Park
About This Home
As of June 2025Top-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
Last Agent to Sell the Property
ALTOGETHER REALTY License #471019579 Listed on: 08/18/2021
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,532
Year Built
- Built in 1959
HOA Fees
- $614 Monthly HOA Fees
Home Design
- Concrete Block And Stucco Construction
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Potential Bedroom
- 1 Full Bathroom
Utilities
- Two Cooling Systems Mounted To A Wall/Window
- 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
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 10, 2025
Closed on
Jun 20, 2025
Sold by
Hao Yihong Joy
Bought by
Tang Yiqui and Cheng Yankaiwen
Seller's Agent
Jinhong Wang
ALTOGETHER REALTY
Buyer's Agent
LILI ZHANG
Coldwell Banker Realty
List Price
$142,000
Sold Price
$140,000
Premium/Discount to List
-$2,000
-1.41%
Views
6
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.59%
Purchase Details
Listed on
Aug 18, 2021
Closed on
Sep 3, 2021
Sold by
Shao Zuohui and Li Changqing
Bought by
Hao Yinhong Joy
Seller's Agent
Jinhong Wang
ALTOGETHER REALTY
Buyer's Agent
Jinhong Wang
ALTOGETHER REALTY
List Price
$132,000
Sold Price
$120,000
Premium/Discount to List
-$12,000
-9.09%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.12%
Purchase Details
Closed on
Nov 5, 2008
Sold by
Shao Zuohui and Li Ke
Bought by
Shao Zuohui and Li Changqing
Purchase Details
Closed on
Sep 28, 1999
Sold by
Kaariainen Ilpo and Kaariainen Cynthia
Bought by
Li Ke and Shao Zuohui
Purchase Details
Closed on
Apr 25, 1996
Sold by
Lyons Kenneth G
Bought by
Kaariainen Ilpo T and Hall Cynthia J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,000
Interest Rate
7.86%
Purchase Details
Closed on
Sep 29, 1995
Sold by
Palfi Alfred M and Palfi Dorothy D
Bought by
Lyons Kenneth G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,000
Interest Rate
7.65%
Similar Homes in Chicago, IL
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Listed On Document | |
| 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
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/30/2025 06/30/25 | Sold | $140,000 | -1.4% | -- |
| 05/12/2025 05/12/25 | Pending | -- | -- | -- |
| 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)
Tax History Compared to Growth
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 | $2,011 | $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
Agents Affiliated with this Home
-
Jinhong Wang
J
Seller's Agent in 2025
Jinhong Wang
ALTOGETHER REALTY
(773) 653-1228
67 in this area
68 Total Sales
-
LILI ZHANG
L
Buyer's Agent in 2025
LILI ZHANG
Coldwell Banker Realty
(312) 342-3599
8 in this area
47 Total Sales
About University Park
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11192582
APN: 20-14-202-076-1024
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