$231,000
SOLD MAR 19, 2025

1450 E 55th Place Unit 530S Chicago, IL 60637

Hyde Park Neighborhood
3 Beds
2 Baths
-- Sq Ft
$1,279/mo HOA Fee

Recently Sold

7% Below List Price

7 Days on Market

Highlights

  • Doorman
  • Fitness Center
  • Community Pool
  • Kenwood Academy High School Rated A-
  • Wood Flooring
  • Party Room

About This Home

As of March 2025

One of only 4 units with 3 bedrooms in I.M Pei's University Park Condominiums, this home offers a rare opportunity with open south and east views of the surrounding Hyde Park community. The updated corner home includes an open kitchen with white & glass cabinetry, granite counters, marble backsplash tiles, and stainless steel appliances. The oversized living room has room for living room and dining furniture and is lined with 5 of the iconic windows facing south for so much natural light. Wide-plank hardwood flooring runs throughout the home, and both bathrooms have been updated. The primary bedroom offers south and east corner views, while the second bedroom and third bedroom are both very well proportioned. A garage parking space is also included and the units are rentable so this could be an incredible investment property as well! For the architect buffs (or just anyone enjoying beautiful scenery) from your home in this prominent building you can gaze south over the Harry Weese townhomes and enjoy views of Jeanne Gang's Solstice on the Park and the Museum of Science and Industry. Onsite, enjoy an outdoor pool and sundeck, fitness room facility, roof deck, laundry room, storage, onsite management, security staff, & bike room. Assessments include heat, cooking gas, & parking. Outside your door, you can simply stroll to any of the many restaurants along 55th and 53rd streets, walk to campus, shop at the Trader Joe's right close by, hop on the Metra, walk over to the lakefront or the upcoming Obama Library complex and enjoy all that Hyde Park offers from this central location!

Last Agent to Sell the Property

Edward Jelinek

@properties Christie's International Real Estate License #475104094 Listed on: 02/24/2025

@properties Christie's International Real Estate

Last Buyer's Agent

Maximo Almonte

RE/MAX Premier License #475178619

RE/MAX  Premier

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,599

Year Built

  • Built in 1962

HOA Fees

  • $1,279 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Parking Included in Price

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • Family Room
  • Living Room
  • Dining Room
  • Storage
  • Laundry Room

Kitchen

  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Dishwasher
  • Stainless Steel Appliances

Flooring

  • Wood
  • Laminate
  • Sustainable
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Full Bathrooms

Schools

  • Ray Elementary School
  • Kenwood Academy High School

Utilities

  • Baseboard Heating
  • Heating System Uses Steam

Community Details

Overview

  • Association fees include heat, insurance, doorman, lawn care, scavenger, snow removal
  • 540 Units
  • Upcadmin.Il@Fsresidential.Com Association, Phone Number (773) 324-1414
  • Property managed by FirstService Residential
  • 10-Story Property

Amenities

  • Doorman
  • Sundeck
  • Party Room
  • Coin Laundry
  • Elevator
  • Community Storage Space

Recreation

  • Fitness Center
  • Community Pool
  • Bike Trail

Pet Policy

  • Limit on the number of pets
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,599

Year Built

Built in 1962

Lot Details

0

HOA Fees

$1,279 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 1962
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 5
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 10

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Wood Laminate Floors, Storage
  • Room Type: No additional rooms
  • Stories Total: 10
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Flooring: Hardwood

Exterior Features

  • List Price: 249000
  • Waterfront: No
  • Exterior Building Type: Concrete

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Wall Unit(s)
  • Heating: Steam, Baseboard
  • Laundry Features: Common Area
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit
  • Association Fee: 1279
  • Association Amenities: Bike Room/Bike Trails, Door Person, Coin Laundry, Elevator(s), Exercise Room, Storage, On Site Manager/Engineer, Party Room, Sundeck, Pool
  • Association Fee Frequency: Monthly
  • Management: Manager On-site,Monday through Friday
  • Master Association Fee Frequency: Not Required
  • Management Company: FirstService Residential
  • Management Contact Name: upcadmin.il@fsresidential.com
  • Management Phone: 773-324-1414
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Insurance, Doorman, Lawn Care, Scavenger, Snow Removal

Schools

  • Elementary School: Ray Elementary School
  • High School: Kenwood Academy High School
  • Middle/Junior School: Ray Elementary School
  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 3599.43
  • Tax Year: 2023
  • Tax Exemptions: None

Multi Family

  • Units in Building: 540

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2025
Closed on
Mar 13, 2025
Sold by
Li Jiayi
Bought by
Amin Tariq Magdi
Seller's Agent
Edward Jelinek
@properties Christie's International Real Estate
Buyer's Agent
Maximo Almonte
RE/MAX Premier
List Price
$249,000
Sold Price
$231,000
Premium/Discount to List
-$18,000
-7.23%
Views
23

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.44%

Purchase Details

Closed on
Oct 12, 2016
Sold by
Chicago Title Land Trust Co
Bought by
Li Jiayi

Purchase Details

Closed on
Jul 22, 2016
Sold by
Orr David D
Bought by
Chicago Title Land Trust Co and Trust Number 8002371843
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $231,000 Proper Title
Deed $160,000 Chicago Title
Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $60,000 Credit Line Revolving
Previous Owner $50,000 Unknown
Previous Owner $35,000 Unknown
Previous Owner $22,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2025 06/29/25 For Rent $3,500 0.0% --
03/19/2025 03/19/25 Sold $231,000 -7.2% --
03/03/2025 03/03/25 Pending -- -- --
02/24/2025 02/24/25 For Sale $249,000 0.0% --
07/30/2019 07/30/19 Rented $2,800 0.0% --
07/30/2019 07/30/19 Under Contract -- -- --
07/30/2019 07/30/19 For Rent $2,800 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

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 $3,599 $22,581 $4,888 $17,693
2023 $3,496 $17,000 $3,942 $13,058
2022 $3,496 $17,000 $3,942 $13,058
2021 $3,418 $16,999 $3,942 $13,057
2020 $2,838 $12,739 $3,153 $9,586
2019 $2,787 $13,874 $3,153 $10,721
2018 $2,741 $13,874 $3,153 $10,721
2017 $2,702 $12,551 $2,601 $9,950
2016 $2,014 $12,551 $2,601 $9,950
2015 $1,819 $12,551 $2,601 $9,950
2014 $2,374 $15,362 $2,128 $13,234
2013 $2,316 $15,362 $2,128 $13,234
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12265923

Midwest Real Estate Data (MRED)

APN: 20-14-202-076-1535