University Village Lofts 1524 S Sangamon St Unit 512 Chicago, IL 60608
Little Italy NeighborhoodEstimated payment $2,815/month
Highlights
- Doorman
- Lock-and-Leave Community
- Balcony
- Fitness Center
- Stainless Steel Appliances
- Soaking Tub
About This Home
Flooded with natural light, this south-facing 2-bedroom, 2-bathroom condo offers an unbeatable value in today's market. With a modern split floor plan designed for both comfort and functionality, this home is move-in ready while also providing the perfect canvas for your personal touch. Step out onto your spacious private balcony to enjoy stunning sunsets and city view, perfect for relaxing or entertaining. Inside, soaring 10' ceilings create an airy, loft-like aesthetic, complemented by a cozy gas fireplace in the open-concept living and kitchen area.The primary suite easily accommodates a king-sized bed and includes a walk-in closet and ensuite bath. The generously sized second bedroom fits a queen bed and full desk setup, making it ideal for guests or work-from-home needs. This residence comes with peace of mind, a new AC and furnace, plus recent building-wide improvements including a brand-new roof and facade work. With these major updates complete, the new owner can focus solely on upgrades to truly make the unit their own. Additional conveniences include in-unit laundry, ample closet space, a storage locker, bike room, building gym, evening door staff, and 1 parking spot, all included. Monthly assessments cover internet and cable. Investor-friendly with rentals allowed, this building presents a rare opportunity, whether you're looking for a primary residence or a smart investment, this condo combines strong value with long-term peace of mind.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,747
Year Built
- Built in 2004
HOA Fees
- $767 Monthly HOA Fees
Parking
- 1 Car Garage
- Parking Included in Price
Home Design
- Entry on the 5th floor
- Brick Exterior Construction
- Concrete Block And Stucco Construction
Interior Spaces
- 1,150 Sq Ft Home
- Gas Log Fireplace
- Family Room
- Living Room with Fireplace
- Combination Dining and Living Room
- Storage
Kitchen
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
- Soaking Tub
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Lake Michigan Water
Listing and Financial Details
- Homeowner Tax Exemptions
Community Details
Overview
- Association fees include water, parking, insurance, security, doorman, tv/cable, exercise facilities, exterior maintenance, lawn care, scavenger, snow removal, internet
- 93 Units
- Jamie Sackmann Association, Phone Number (312) 421-8584
- University Village Subdivision
- Property managed by University Village Lofts
- Lock-and-Leave Community
- 7-Story Property
Amenities
- Doorman
- Elevator
Recreation
- Bike Trail
Pet Policy
- Dogs and Cats Allowed
Security
- Resident Manager or Management On Site
Map
About University Village Lofts
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 | $4,747 | $28,865 | $2,059 | $26,806 |
2023 | $4,606 | $25,740 | $1,250 | $24,490 |
2022 | $4,606 | $25,740 | $1,250 | $24,490 |
2021 | $4,521 | $25,739 | $1,250 | $24,489 |
2020 | $4,551 | $23,464 | $1,250 | $22,214 |
2019 | $4,492 | $25,713 | $1,250 | $24,463 |
2018 | $4,415 | $25,713 | $1,250 | $24,463 |
2017 | $3,519 | $19,664 | $1,103 | $18,561 |
2016 | $3,438 | $19,664 | $1,103 | $18,561 |
2015 | $3,123 | $19,664 | $1,103 | $18,561 |
2014 | $2,535 | $16,229 | $937 | $15,292 |
2013 | $2,473 | $16,229 | $937 | $15,292 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
08/20/2025 08/20/25 | For Sale | $310,000 | +5.1% | $270 / Sq Ft |
04/28/2020 04/28/20 | Sold | $295,000 | -1.3% | $257 / Sq Ft |
03/18/2020 03/18/20 | Pending | -- | -- | -- |
02/06/2020 02/06/20 | For Sale | $299,000 | +32.9% | $260 / Sq Ft |
11/30/2015 11/30/15 | Sold | $225,000 | -1.7% | $196 / Sq Ft |
10/28/2015 10/28/15 | Pending | -- | -- | -- |
10/26/2015 10/26/15 | For Sale | $229,000 | 0.0% | $199 / Sq Ft |
10/13/2015 10/13/15 | Pending | -- | -- | -- |
09/04/2015 09/04/15 | Price Changed | $229,000 | -4.5% | $199 / Sq Ft |
08/17/2015 08/17/15 | Price Changed | $239,900 | -7.7% | $209 / Sq Ft |
07/13/2015 07/13/15 | Price Changed | $259,900 | -11.7% | $226 / Sq Ft |
06/08/2015 06/08/15 | For Sale | $294,500 | -- | $256 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | $295,000 | First American Title | |
Special Warranty Deed | $225,000 | Attorney | |
Sheriffs Deed | -- | None Available | |
Warranty Deed | $295,000 | First American | |
Warranty Deed | $261,500 | Chicago Title Insurance Comp | |
Special Warranty Deed | $244,500 | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $265,500 | New Conventional | |
Previous Owner | $213,750 | New Conventional | |
Previous Owner | $236,000 | Unknown | |
Previous Owner | $44,250 | Credit Line Revolving | |
Previous Owner | $236,000 | Unknown | |
Previous Owner | $67,200 | Credit Line Revolving | |
Previous Owner | $250,000 | Fannie Mae Freddie Mac | |
Previous Owner | $248,400 | Unknown | |
Previous Owner | $135,000 | No Value Available |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12451124

APN: 17-20-232-050-1046
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