$315,000
SOLD JUL 15, 2022 RENTED MAY 28, 2025

802 W University Ln Unit 1B Chicago, IL 60608

Little Italy Neighborhood
2 Beds
2 Baths
1,300 Sq Ft
$412/mo HOA Fee

Recently Sold

$242 Per Sq Ft

6% Below List Price

47 Days on Market

Highlights

  • Wood Flooring
  • Stainless Steel Appliances
  • Patio
  • End Unit
  • Intercom
  • Forced Air Heating and Cooling System

About This Home

As of July 2022

Live large in this spacious two bedroom, two bath condo, boasting 1200 square feet! Ground floor unit with hardwood floors throughout, crisp white panel doors, airy main living area infused with soothing, dappled daylight. Open galley kitchen, stainless steel appliances, custom tile backsplash, canned lighting oversized counter height island illuminated by a delightful chandelier. A wonderful indoor/outdoor connection with direct access to three private outdoor spaces. Retreat to the primary suite with a dual sink vanity and soaking tub. Well appointed secondary bedroom and bath. The convenience of an in unit washer and dryer. University Village is adjacent to the energy of UIC, the pulse of Pilsen and vibrancy of the West and South Loop. Offering numerous parks, athletic fields, two playgrounds, pet areas, and grounds to stroll and explore. Conveniently located to all expressways, CTA, Metra, Blue and Pink lines. Assigned parking space #1, included!

Last Agent to Sell the Property

Cory Tanzer

Option Premier LLC License #475167115 Listed on: 05/03/2022

Last Buyer's Agent

Cory Tanzer

Option Premier LLC License #475167115 Listed on: 05/03/2022

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,806

Year Built

  • Built in 2005

HOA Fees

  • $412 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,300 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Flooring
  • Intercom

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Uncovered Parking
  • Off-Street Parking
  • Parking Included in Price
  • Assigned Parking

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Patio
  • End Unit

Community Details

Overview

  • Association fees include water, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 6 Units
  • Gio F Association
  • Low-Rise Condominium
  • Property managed by Associa chicagoland

Pet Policy

  • No Pets Allowed

Security

  • Carbon Monoxide Detectors

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,806

Year Built

Built in 2005

Lot Details

0

HOA Fees

$412 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Flat,Low Rise (1-3 Stories)
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,Flat,Low Rise (1-3 Stories)
  • Year Built: 2005
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Hardwood Floors
  • LivingArea: 1300
  • Other Equipment: Intercom, CO Detectors, Ceiling Fan(s)
  • Room Type: No additional rooms
  • Stories Total: 1
  • Basement Description: None
  • Below Grade Bedrooms: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Patio, End Unit
  • List Price: 334999
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Assigned, Off Street
  • ParkingTotal: 1
  • Parking: Space/s
  • Parking On-Site: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: No
  • Association Fee: 412
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Not Required
  • Management Company: Associa chicagoland
  • Management Contact Name: Gio F
  • Management Phone: 555-555-5555
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Schools

  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): No
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 4806
  • Tax Year: 2020
  • Tax Exemptions: None

Multi Family

  • Units in Building: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2022
Closed on
Jun 29, 2022
Sold by
Sagun Jeric C
Bought by
Pappachen Megha Summer and Saxena Neena
Seller's Agent
Cory Tanzer
Option Premier LLC
Buyer's Agent
Cory Tanzer
Option Premier LLC
List Price
$334,999
Sold Price
$315,000
Premium/Discount to List
-$19,999
-5.97%
Current Estimated Value
$355,406

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,406
Avg. Annual Appreciation
4.10%
Original Mortgage
$252,000
Outstanding Balance
$241,392
Interest Rate
5.23%
Mortgage Type
New Conventional
Estimated Equity
$114,014

Purchase Details

Closed on
Dec 20, 2002
Sold by
South Campus Development Team Llc
Bought by
Sagun Jeric C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,500
Interest Rate
4.6%
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 $315,000 Chicago Title
Special Warranty Deed $219,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $252,000 New Conventional
Previous Owner $55,000 Credit Line Revolving
Previous Owner $220,000 Unknown
Previous Owner $252,000 Fannie Mae Freddie Mac
Previous Owner $25,000 Credit Line Revolving
Previous Owner $256,800 Fannie Mae Freddie Mac
Previous Owner $256,000 Fannie Mae Freddie Mac
Previous Owner $229,500 Unknown
Previous Owner $25,000 Credit Line Revolving
Previous Owner $194,000 Unknown
Previous Owner $197,500 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2025 05/28/25 Rented $2,650 +6.0% --
05/27/2025 05/27/25 Under Contract -- -- --
05/27/2025 05/27/25 For Rent $2,500 -3.8% --
07/14/2023 07/14/23 Rented $2,600 0.0% --
07/14/2023 07/14/23 Off Market $2,600 -- --
07/05/2023 07/05/23 For Rent $2,600 +4.0% --
10/21/2022 10/21/22 Rented $2,500 0.0% --
07/24/2022 07/24/22 Under Contract -- -- --
07/22/2022 07/22/22 For Rent $2,500 0.0% --
07/15/2022 07/15/22 Sold $315,000 -6.0% $242 / Sq Ft
06/20/2022 06/20/22 Pending -- -- --
05/03/2022 05/03/22 For Sale $334,999 0.0% $258 / Sq Ft
06/27/2019 06/27/19 Rented $2,000 0.0% --
06/27/2019 06/27/19 For Rent $2,000 0.0% --
06/24/2019 06/24/19 Off Market $2,000 -- --
06/15/2019 06/15/19 For Rent $2,000 +5.5% --
09/02/2016 09/02/16 Rented $1,895 -1.6% --
08/24/2016 08/24/16 Price Changed $1,925 -3.8% $1 / Sq Ft
08/19/2016 08/19/16 For Rent $2,000 -- --
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 $5,918 $31,127 $5,333 $25,794
2023 $5,063 $27,952 $3,238 $24,714
2022 $5,063 $27,952 $3,238 $24,714
2021 $4,967 $27,952 $3,238 $24,714
2020 $4,806 $24,604 $3,238 $21,366
2019 $4,744 $26,962 $3,238 $23,724
2018 $4,662 $26,962 $3,238 $23,724
2017 $3,841 $21,156 $2,857 $18,299
2016 $3,737 $21,156 $2,857 $18,299
2015 $3,396 $21,156 $2,857 $18,299
2014 $3,260 $20,141 $2,428 $17,713
2013 $3,185 $20,141 $2,428 $17,713
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11392249

Midwest Real Estate Data (MRED)

APN: 17-20-224-056-1002