University Village Lofts 1524 S Sangamon St Unit 513 Floor 5 Chicago, IL 60608
Little Italy NeighborhoodEstimated payment $2,287/month
Highlights
- Popular Property
- Open Floorplan
- Balcony
- Doorman
- Wood Flooring
- Walk-In Closet
About This Home
This is a unapproved Short Sale but an awesome value and great opportunity to experience urban loft living in this spacious 2-bedroom, 1-bath condo located in the heart of Pilsen within the sought-after University Loft Condos. Grarage parking is included with this bright and airy unit featureing soaring ceilings, expansive windows that flood the space with natural light, and gleaming hardwood floors throughout. The open-concept layout includes generously sized bedrooms with large closets, a private balcony perfect for morning coffee or evening relaxation, and the convenience of an in-unit washer and dryer. Additional building amenities include a fitness center, secure storage, and heated garage parking. This is a short sale opportunity-ideal for buyers looking to invest in a vibrant, art-filled neighborhood with easy access to dining, shopping, and public transit. Monthly assessments includes water, common insurance, maned security during the day, exercise facility, exterior maintenance and snow removal.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,339
Year Built
- Built in 2001
HOA Fees
- $535 Monthly HOA Fees
Parking
- 1 Car Garage
- Parking Included in Price
Home Design
- Entry on the 5th floor
- Brick Exterior Construction
Interior Spaces
- 1,131 Sq Ft Home
- Open Floorplan
- Electric Fireplace
- Family Room
- Living Room with Fireplace
- Dining Room
- Storage
- Laundry Room
Flooring
- Wood
- Laminate
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- Walk-In Closet
- 1 Full Bathroom
Outdoor Features
Utilities
- Central Air
- Heating System Uses Natural Gas
- Lake Michigan Water
Listing and Financial Details
- Homeowner Tax Exemptions
Community Details
Overview
- Association fees include heat, water, parking, insurance, security, doorman, tv/cable, exercise facilities, exterior maintenance, lawn care, scavenger, snow removal
- 93 Units
- Gabe Esparza Association, Phone Number (312) 421-8584
- High-Rise Condominium
- University Village Subdivision
- Property managed by First Service Residential
- 7-Story Property
Pet Policy
- Pets up to 50 lbs
- Limit on the number of pets
- Pet Size Limit
Additional Features
- Doorman
- 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 | $5,259 | $28,186 | $2,011 | $26,175 |
| 2023 | $4,420 | $24,840 | $1,221 | $23,619 |
| 2022 | $4,420 | $24,840 | $1,221 | $23,619 |
| 2021 | $4,339 | $24,839 | $1,220 | $23,619 |
| 2020 | $4,428 | $22,912 | $1,220 | $21,692 |
| 2019 | $4,370 | $25,108 | $1,220 | $23,888 |
| 2018 | $4,295 | $25,108 | $1,220 | $23,888 |
| 2017 | $3,419 | $19,202 | $1,077 | $18,125 |
| 2016 | $3,346 | $19,202 | $1,077 | $18,125 |
| 2015 | $3,038 | $19,202 | $1,077 | $18,125 |
| 2014 | $2,464 | $15,848 | $915 | $14,933 |
| 2013 | $2,404 | $15,848 | $915 | $14,933 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/04/2025 11/04/25 | For Sale | $265,000 | -6.3% | $234 / Sq Ft | |
| 03/05/2024 03/05/24 | Sold | $282,800 | -2.4% | $250 / Sq Ft | View Prior Sale |
| 01/01/2024 01/01/24 | Pending | -- | -- | -- | |
| 10/12/2023 10/12/23 | For Sale | $289,900 | 0.0% | $256 / Sq Ft | |
| 08/24/2022 08/24/22 | Rented | $2,400 | +4.3% | -- | |
| 08/04/2022 08/04/22 | For Rent | $2,300 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $283,000 | Chicago Title | |
| Interfamily Deed Transfer | -- | Attorney | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $285,000 | Git |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $268,660 | New Conventional | |
| Previous Owner | $202,000 | New Conventional | |
| Previous Owner | $228,000 | Unknown |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12510942
APN: 17-20-232-050-1047
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