University Park 1401 E 55th St Unit 707N Chicago, IL 60615
Hyde Park Neighborhood
1
Bed
1
Bath
750
Sq Ft
$611/mo
HOA Fee
Highlights
- Doorman
- Fitness Center
- Elevator
- Kenwood Academy High School Rated A-
- Community Pool
- 4-minute walk to Spruce Park
About This Home
As of October 2024University Park Condominium studio. High floor in North tower facing North. Quiet and sunny! Unit has bamboo flooring. Nice bathroom! Move in condition! Can provide quick closing! Full Amenities building with 24 hours security door person and outdoor swimming pool. Popular location close to U of C campus and everything else. Ray school district. Rental is allowed. No restriction on rentals. Vacant unit. Easy to show.
Last Buyer's Agent
@properties Christie's International Real Estate License #475186218
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $748
Year Built
- Built in 1959
HOA Fees
- $611 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Parking Included in Price
Home Design
- Concrete Block And Stucco Construction
Interior Spaces
- 750 Sq Ft Home
- Combination Dining and Living Room
Kitchen
- Range<<rangeHoodToken>>
- <<microwave>>
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Potential Bedroom
- 1 Full Bathroom
Schools
- Ray Elementary School
- Kenwood Academy High School
Utilities
- Two Cooling Systems Mounted To A Wall/Window
- Heating Available
- Lake Michigan Water
Community Details
Overview
- Association fees include heat, water, gas, insurance, security, doorman, exterior maintenance, lawn care, scavenger, snow removal
- 540 Units
- Megan Serena Association, Phone Number (773) 324-1414
- Property managed by Liberman Management Services
- 10-Story Property
Amenities
- Doorman
- Coin Laundry
- Elevator
Recreation
- Community Pool
- Park
- 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
Sep 3, 2024
Closed on
Oct 3, 2024
Sold by
Orton Bonnie and Owens Kirk
Bought by
Sharma Neelima and Sharma Praveen
Seller's Agent
Damone Richardson
Compass
Buyer's Agent
Tijana Velarde
@properties Christie's International Real Estate
List Price
$170,000
Sold Price
$152,750
Premium/Discount to List
-$17,250
-10.15%
Views
45
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.80%
Similar Homes in Chicago, IL
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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 | $153,000 | Fidelity National Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $126,000 | Reverse Mortgage Home Equity Conversion Mortgage | |
| Previous Owner | $25,000 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/07/2025 07/07/25 | For Rent | $1,900 | 0.0% | -- |
| 10/07/2024 10/07/24 | Sold | $152,750 | -10.1% | $204 / Sq Ft |
| 09/22/2024 09/22/24 | Pending | -- | -- | -- |
| 09/03/2024 09/03/24 | For Sale | $170,000 | -- | $227 / Sq Ft |
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 | $748 | $12,194 | $2,640 | $9,554 |
| 2023 | $6 | $9,500 | $2,129 | $7,371 |
| 2022 | $6 | $9,500 | $2,129 | $7,371 |
| 2021 | $6 | $9,499 | $2,128 | $7,371 |
| 2020 | $215 | $6,879 | $1,703 | $5,176 |
| 2019 | $0 | $7,492 | $1,703 | $5,789 |
| 2018 | $0 | $7,492 | $1,703 | $5,789 |
| 2017 | $118 | $6,777 | $1,404 | $5,373 |
| 2016 | $215 | $6,777 | $1,404 | $5,373 |
| 2015 | $206 | $6,777 | $1,404 | $5,373 |
| 2014 | $205 | $8,295 | $1,149 | $7,146 |
| 2013 | $205 | $8,295 | $1,149 | $7,146 |
Source: Public Records
Agents Affiliated with this Home
-
Tijana Velarde
T
Seller's Agent in 2025
Tijana Velarde
@ Properties
(847) 630-1024
15 in this area
26 Total Sales
-
Damone Richardson
Seller's Agent in 2024
Damone Richardson
Compass
(917) 686-8481
5 in this area
97 Total Sales
About University Park
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12146210
APN: 20-14-202-076-1060
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