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  1. Home/
  2. Chicago, IL/
  3. University Park Condominiums

University Park Condominiums

1401 E 55th Street, Chicago, IL, 60615

University Park CondominiumsCommunity
Units for Sale

Front view of a large, multi-story building with a grid-like window pattern.View Listing
MLS ID #12222920
Front view of a large, multi-story building with a grid-like window pattern.View ListingMLS ID #12222920
Front view of a large multi-story office building.View ListingMLS ID #12167065
Front view of a multi-story building with large windows.View ListingMLS ID #12167065
Indoor gym area with exercise equipment such as treadmills and bikes.View ListingMLS ID #12222920
YearBuilt

Year Built

1963

Stories

# Stories

10

#TotalUnits

# Total Units

71
UnitSizeRange

Unit Size Range

950-1,050 sqft

UnitDemand

Unit Demand

Stories

Low

UnitAvailability

Unit Availability

Stories

Low


Building Description

University Park Condominiums, located at 1401 E 55th Street, Chicago, IL 60615, is a 10-story residential building completed in 1963. This mid-century structure offers a variety of living spaces designed to accommodate different lifestyles. The building features several modern amenities tailored to ensure comfort and convenience for its residents, including a 24-hour security system, on-site laundry facilities, and a communal recreation room. Although the building does not have direct waterfront access, it offers a tranquil urban living experience with its nearby parks and green spaces. Constructed primarily of durable concrete and brick, University Park Condominiums exemplify the robust architectural design of the 1960s. The building is equipped with efficient elevators and provides ample parking spaces to meet the needs of residents and visitors alike. Conveniently located within walking distance of public transit options, the condominium ensures easy access to the vibrant cultural and academic hubs of Chicago. The surrounding area boasts an array of dining and shopping options, complemented by the presence of educational institutions and cultural landmarks. University Park Condominiums stand out as a practical choice for those seeking comfortable and connected city living.

Front view of a large, multi-story building with a grid-like window pattern.View Listing
MLS ID #12222920
Front view of a large, multi-story building with a grid-like window pattern.View ListingMLS ID #12222920
Front view of a large multi-story office building.View ListingMLS ID #12167065
Front view of a multi-story building with large windows.View ListingMLS ID #12167065
Indoor gym area with exercise equipment such as treadmills and bikes.View ListingMLS ID #12222920

Amenities

ParkingParking
LockerLocker
ConciergeConcierge
ElevatorElevatorCheck Icon
Central ACCentral AC
PoolPoolCheck Icon
Fitness CenterFitness CenterCheck Icon
Visitors ParkingVisitors Parking

Building Policies

Pet AllowedPets Allowed
Short-term Rental AllowedShort-term Rental Allowed
BBQ PermittedBBQ Permitted
Sublet AllowedSublet Allowed

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University Park Condominiums Market Report (last 12 months)

Avg. List Price
$146,575 ($222/Sqft.)
Year-Over-Year List Price
Up Arrow 9.05%
Total Listings
Listings12
Avg. Days On Market
Calendar50
Avg. Sale Price
$136,518 ($227/Sqft.)
Year-Over-Year Sale Price
Up Arrow 7.43%
Total Sold
Sold14
Avg. HOA Fees/Sqft
$2 /monthly
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About University Park Condominiums

Condo Living at University Park Condominiums, located at 1401 E 55TH STREET,CHICAGO,IL:

If you're considering your first home in Chicago, University Park Condominiums might just be the place for you. Nestled along the vibrant streets of East 55th, this charming building invites you to explore a lifestyle that's both modern and warm. Built in 1963, the structure spans ten stories, offering a unique perspective of the city from its elevated positions. The community vibe here is palpable, making it an ideal choice for young professionals or anyone embarking on their first homeownership journey.

Building Features and Unit Availability:

At University Park, you'll find a total of 71 units ranging from 950 to 1,050 square feet. With low availability and a corresponding low demand, this intimate building feels like a cozy neighborhood secret just waiting for you to call it home. As you step into one of these units, you can envision creating your perfect space. Average closed prices sit around $134,125, which is achievable for first-time buyers seeking something special to fit their budget.

Amenities You'll Love:

When you think about what makes a condo feel like home, amenities play a huge role. University Park doesn't disappoint! Enjoy access to a range of facilities including a welcoming exercise room, a health club for those sweaty workout sessions, and a sparkling pool perfect for hot Chicago summers. There’s also a sun deck, patio, and even a party room for those celebrations with friends. And if you're a bike enthusiast, you'll appreciate the bike room and trails nearby. Did we mention the building is wheelchair-friendly, ensuring everyone can enjoy these perks?

  1. Home/
  2. Chicago, IL/
  3. University Park Condominiums
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