5551 S University Ave Unit 3 Chicago, IL 60637
Hyde Park NeighborhoodEstimated payment $3,242/month
Highlights
- Landscaped Professionally
- Lock-and-Leave Community
- Wood Flooring
- Kenwood Academy High School Rated A-
- Deck
- Den
About This Home
A rare opportunity to acquire a light-filled 1,500 square foot, three bedroom, one and a half bath residence within a prestigious, 3-unit Chicago Landmark. The Keck-Gottschalk-Keck Building was designed by the renowned Keck brothers and served as their personal residences. This iconic 1937 building is one of the city's earliest and most celebrated examples of International Style modernism, earning recognition by Chicago Magazine as one of its Top 50 Buildings. The Keck's commitment to innovation is evident in the distinctive external blinds, which allow the control of light and privacy while embracing the home's historical passive solar design. The 4th-story condo offers a unique living experience with a coveted four-sided exposure, ensuring optimal light throughout the day. It features original Keck-designed built-ins throughout the living room, dining room, and bedrooms, complementing the building's modern aesthetic and maximizing functional space. The unit has exclusive roof rights for future potential, in-unit combination washer/dryer, a dedicated ground-level storage space, access to a common workshop and laundry space, an attached garage space with a Tesla charger, and a private 7' x 27' terrace, overlooking a large, shared rear yard. The Hyde Park lifestyle awaits with its cultural amenities and easy access to Lake Michigan. Directly adjacent to the University of Chicago campus, the home offers residents a unique, rich environment with a strong academic and community atmosphere.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,894
Year Built
- Built in 1937
Lot Details
- Fenced
- Landscaped Professionally
HOA Fees
- $679 Monthly HOA Fees
Parking
- 1 Car Garage
- Parking Included in Price
Home Design
- Entry on the 3rd floor
- Brick Exterior Construction
Interior Spaces
- 1,500 Sq Ft Home
- 4-Story Property
- Wood Burning Fireplace
- Blinds
- Family Room
- Living Room with Fireplace
- Combination Dining and Living Room
- Den
- Storage
Kitchen
- Range
- Microwave
- Dishwasher
Flooring
- Wood
- Stone
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Deck
Schools
- Ray Elementary School
- Kenwood Academy High School
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 heat, air conditioning, water, gas, parking, insurance, exterior maintenance, lawn care, scavenger, snow removal
- 3 Units
- Mid-Rise Condominium
- Lock-and-Leave Community
Amenities
- Community Storage Space
Recreation
- Bike Trail
Pet Policy
- Cats Allowed
Map
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 | $4,168 | $27,577 | $13,952 | $13,625 |
| 2023 | $4,027 | $23,001 | $11,252 | $11,749 |
| 2022 | $4,027 | $23,001 | $11,252 | $11,749 |
| 2021 | $3,955 | $22,999 | $11,251 | $11,748 |
| 2020 | $7,176 | $35,317 | $9,001 | $26,316 |
| 2019 | $7,038 | $38,460 | $9,001 | $29,459 |
| 2018 | $6,919 | $38,460 | $9,001 | $29,459 |
| 2017 | $7,451 | $34,614 | $7,425 | $27,189 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/22/2025 12/22/25 | For Sale | $410,000 | +5.8% | $273 / Sq Ft | |
| 10/16/2012 10/16/12 | Sold | $387,500 | -13.7% | $240 / Sq Ft | View Prior Sale |
| 08/09/2012 08/09/12 | Pending | -- | -- | -- | |
| 05/24/2012 05/24/12 | For Sale | $449,000 | -- | $278 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12533218
APN: 20-14-106-035-1003
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