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  5. University Park Condominiums
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University Park Condominiums

1401 E 55th Street, Chicago, IL, 60615 |University Park Condominiums

YEAR BUILT

1963

# STORIES

10

# TOTAL UNITS

71

UNIT SIZE RANGE

950-1,050 sqft

Description

University Park Condominiums is located at 1401 E 55th Street in Chicago. This high-rise building has 10 stories and contains 71 units. It was built in 1963 and offers a mix of modern living with spacious layouts. The units range in size from 950 to 1,050 square feet. Prices for available units vary between $198,000 and $205,000. The average price per square foot is around $195 based on recent sales. This provides potential buyers some options at different price points. The amenities here add to the living experience. There is a pool, fitness room, and a party room for gatherings. The building also has laundry facilities and an elevator for convenience. A nearby park makes for nice outdoor space. Chicago Public Schools is close by for families with children. Dining is nearby as well, with Homemade Pizza Co and Maravillas Restaurant just a short drive away. Average days on the market is about 68 days. This gives buyers ample time to evaluate their choices. Living in this vibrant community provides residents access to both local businesses and entertainment. Lake Michigan is also within a reasonable distance. This lets residents enjoy outdoor activities and lakefront views. Overall, University Park Condominiums offers a comfortable lifestyle in a well-connected part of the city.

Building ImageMLS ID #12222920
Building ImageMLS ID #12167065
Building Image
Building ImageView Listing

University Park Condominiums

1401 E 55th Street, Chicago, IL, 60615

|University Park Condominiums

YEAR BUILT

1963

# STORIES

10

# TOTAL UNITS

71

UNIT SIZE RANGE

950-1,050 sqft

Description

University Park Condominiums is located at 1401 E 55th Street in Chicago. This high-rise building has 10 stories and contains 71 units. It was built in 1963 and offers a mix of modern living with spacious layouts. The units range in size from 950 to 1,050 square feet. Prices for available units vary between $198,000 and $205,000. The average price per square foot is around $195 based on recent sales. This provides potential buyers some options at different price points. The amenities here add to the living experience. There is a pool, fitness room, and a party room for gatherings. The building also has laundry facilities and an elevator for convenience. A nearby park makes for nice outdoor space. Chicago Public Schools is close by for families with children. Dining is nearby as well, with Homemade Pizza Co and Maravillas Restaurant just a short drive away. Average days on the market is about 68 days. This gives buyers ample time to evaluate their choices. Living in this vibrant community provides residents access to both local businesses and entertainment. Lake Michigan is also within a reasonable distance. This lets residents enjoy outdoor activities and lakefront views. Overall, University Park Condominiums offers a comfortable lifestyle in a well-connected part of the city.

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Description

University Park Condominiums is located at 1401 E 55th Street in Chicago. This high-rise building has 10 stories and contains 71 units. It was built in 1963 and offers a mix of modern living with spacious layouts. The units range in size from 950 to 1,050 square feet. Prices for available units vary between $198,000 and $205,000. The average price per square foot is around $195 based on recent sales. This provides potential buyers some options at different price points. The amenities here add to the living experience. There is a pool, fitness room, and a party room for gatherings. The building also has laundry facilities and an elevator for convenience. A nearby park makes for nice outdoor space. Chicago Public Schools is close by for families with children. Dining is nearby as well, with Homemade Pizza Co and Maravillas Restaurant just a short drive away. Average days on the market is about 68 days. This gives buyers ample time to evaluate their choices. Living in this vibrant community provides residents access to both local businesses and entertainment. Lake Michigan is also within a reasonable distance. This lets residents enjoy outdoor activities and lakefront views. Overall, University Park Condominiums offers a comfortable lifestyle in a well-connected part of the city.

University Park Condominiums Market Stats Last 12 months

Avg. Listed Price$155,572($202/Sqft.)
Avg. Sale Price$133,000($195/Sqft.)
Year over year list priceUp Arrow11.74%
Year over year sale priceDown Arrow 2.31%
Total Listings7 Listed
Total sold6 Sold
Average Days on Market68 days
Average HOA fees per sqft$2 /monthly
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Market Stats

Year over year list priceUp Arrow11.74%
Year over year sale priceDown Arrow2.31%
Total Listings7 Listed
Total sold6 Sold
Average Days on Market68 days
Average HOA fees per sqft$2 /monthly

Glen Gardens Estate Availability & Demand

Unit Availability

Low
High availability buildings list units frequently.

Unit Availability helps to understand how often units in a particular building are listed for sale as compared with the neighborhood average. Units are rarely listed in buildings with low availability.

Unit Demand

Low
Units in high-demand buildings sell quicker.

Unit Demand is a measure of quickly units in a particular building sell as compared with other buildings in the neighborhood. Units in high-demand buildings sell more quickly.

For Sale 0 For Sale

University Park Condominiums Inventory & Sale History

UnitSize (sqft)BedsBathsDays On MarketDateStatusPrice
Unit 1015N1015N-221452022-12-01
MLS#: 11459567 		Closed$195,000
Unit 501N501N-22332018-08-15
MLS#: 10017371 		Closed$205,000
Unit 202N202N100022302018-03-21
MLS#: 09860625 		Closed$198,000
Unit 1015N
1015N

2 Beds

2 Baths

0 sqft

DateStatusPrice
2022-12-01Closed$195,000
MLS#: 11459567
Days On Market145
Unit 202N
202N

2 Beds

2 Baths

1000 sqft

DateStatusPrice
2018-03-21Closed$198,000
MLS#: 09860625
Days On Market30
Unit 501N
501N

2 Beds

2 Baths

0 sqft

DateStatusPrice
2018-08-15Closed$205,000
MLS#: 10017371
Days On Market33
View Complete Unit Listing HistorySource By: MRED

Amenities

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?

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Amenities Description

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?

Parking
Parking
Locker
Locker
Concierge
Concierge
Elevator(s)
Elevator(s)
Check Icon
Central AC
Central AC
Pool
Pool
Check Icon
Fitness Center
Fitness Center
Check Icon
Visitors Parking
Visitors Parking
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Amenities

Elevator(s)

Elevator(s)

Exercise Room

Exercise Room

Health Club

Health Club

Pool

Pool

In Ground Pool

In Ground Pool

Door Person

Door Person

Security Door Lock(s)

Security Door Lock(s)

Laundry

Laundry

Coin Laundry

Coin Laundry

Sundeck

Sundeck

Patio

Patio

Receiving Room

Receiving Room

Bike Room/Bike Trails

Bike Room/Bike Trails

Party Room

Party Room

Storage

Storage

Service Elevator(s)

Service Elevator(s)

Wheelchair Orientd

Wheelchair Accessible

Fire Pit

Fire Pit

Policies

Considerate of residents with furry friends, University Park is both cat and dog friendly, though some pet policies apply regarding size and additional rental fees. Making plans for your new abode? Be aware that a deposit is required, and there are limits on the number of occupants per unit. These policies help maintain a friendly and tidy community.

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Amenities Description

Considerate of residents with furry friends, University Park is both cat and dog friendly, though some pet policies apply regarding size and additional rental fees. Making plans for your new abode? Be aware that a deposit is required, and there are limits on the number of occupants per unit. These policies help maintain a friendly and tidy community.

Pet Allowed
Check
Pet Allowed
BBQ Permitted
BBQ Permitted
Sublet Allowed
Sublet Allowed
Short-term Rental Allowed
Short-term Rental Allowed

Compare with Buildings in the Neighbourhood (Last 12 Months)

Compare building's average price/sq. ft. and HOA fees/sq. ft. to buildings nearby

Building NameAvg price per square footAVG HOA FEE per square foot (Monthly)
University Park Condominiums$195/sqft.$2 /sqft.
1401 E 55th St$195/sqft.$2 /sqft.
University Park Condos$237/sqft.$2 /sqft.
1400 E 55th St$260/sqft.$1 /sqft.
University Park Condominiums$199/sqft.$2 /sqft.
1400 E 55th Pl$213/sqft.$2 /sqft.

Nearby Schools

Discover top-rated schools located close to University Park Condominiums.

Murray Elementary Language Academy

C-
Public|Grades KG–8
5335 S Kenwood Ave|0.28 miles away

Harte Elementary School

C
Public|Grades PK–8
1556 E 56th St|0.35 miles away

Ray Elementary School

C
Public|Grades PK–8
5631 S Kimbark Ave|0.36 miles away

Futureworld Nfp

--
Private|Grades KG–9
1744 E 55th St|0.63 miles away

Akiba-Schechter Jewish Day School

--
Private|Grades PK–8
5235 S Cornell Ave|0.63 miles away

Univ of Chicago Lab School

--
Private|Grades PK–12
1362 E 59th St|0.65 miles away
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Schools

Murray Elementary Language Academy

C-
Public|Grades KG–8
5335 S Kenwood Ave|Less than 1 Mile Away

Harte Elementary School

C
Public|Grades PK–8
1556 E 56th St|Less than 1 Mile Away

Ray Elementary School

C
Public|Grades PK–8
5631 S Kimbark Ave|Less than 1 Mile Away

Futureworld Nfp

--
Private|Grades KG–9
1744 E 55th St|Less than 1 Mile Away

Akiba-Schechter Jewish Day School

--
Private|Grades PK–8
5235 S Cornell Ave|Less than 1 Mile Away

Univ of Chicago Lab School

--
Private|Grades PK–12
1362 E 59th St|Less than 1 Mile Away

Kenwood Academy High School

A-
Public|Grades 9–12
5015 S Blackstone ...|Less than 1 Mile Away

Kozminski Elementary School

D+
Public|Grades PK–8
936 E 54th St|Less than 1 Mile Away

City Elementary School

--
Private|Grades 1–8
1100 E Hyde Park B...|Less than 1 Mile Away

Shoesmith Elementary School

C+
Public|Grades KG–6
1330 E 50th St|Less than 1 Mile Away

Carnegie Elementary School

C
Public|Grades PK–8
1414 E 61st Pl|1.09 Miles Away

Hyde Park Academy High School

D+
Public|Grades 9–12
6220 S Stony Islan...|1.26 Miles Away

Reavis Math and Science Elementary School

D+
Public|Grades PK–8
834 E 50th St|1.28 Miles Away

Dyett High School

--
Public|Grades 12–12
|1.40 Miles Away

Bronzeville Academy Charter School

D+
Public|Grades KG–8
4930 S Cottage Gro...|1.41 Miles Away

Little Black Pearl Arts Academy High School

--
Public|Grades 9–12
1060 E 47th St|1.45 Miles Away

Univ of Chicago Charter-Woodlawn

D+
Public|Grades 6–12
6300 S University ...|1.46 Miles Away

Hyde Park Day School Chicago Campus

--
Private|Grades 1–8
6254 S Ellis Ave|1.54 Miles Away

Fiske Elementary School

D-
Public|Grades PK–8
6020 S Langley Ave|1.54 Miles Away

Univ of Chicago Charter-Nth Kenwood

D
Public|Grades PK–5
1119 E 46th St|1.54 Miles Away

Ariel Elementary Community Academy

D
Public|Grades PK–8
1119 E 46th St|1.54 Miles Away

Walter Henri Dyett High School for the Arts

D+
Public|Grades 9–12
555 E 51st St|1.55 Miles Away

Sonia Shankman Orthogenic School

--
Private|Grades 5–12
6245 S Ingleside A...|1.55 Miles Away

Mount Carmel High School

--
Private|Grades 9–12
6410 S Dante Ave|1.56 Miles Away

Wadsworth Elementary School

D-
Public|Grades PK–8
6650 S Ellis Ave|1.66 Miles Away

Church of God of Chicago

--
Private|Grades KG–7
4601 S Drexel Blvd|1.70 Miles Away

Burke Elementary School

D
Public|Grades PK–8
5356 S King Dr|1.75 Miles Away

King College Preparatory High School

A+
Public|Grades 9–12
4445 S Drexel Blvd|1.89 Miles Away

Woodlawn Elementary Community School

B-
Public|Grades PK–6
6657 S Kimbark Ave|2.00 Miles Away

Robinson Elementary School

C+
Public|Grades PK–3
4225 S Lake Park A...|2.09 Miles Away

Woodson South Elementary School

D-
Public|Grades PK–8
4414 S Evans Ave|2.10 Miles Away

Till Math and Science Academy

D+
Public|Grades KG–8
6543 S Champlain A...|2.16 Miles Away

Carter Elementary School

D-
Public|Grades PK–8
5740 S Michigan Av...|2.28 Miles Away

Cambridge Classical Academy

--
Private|Grades PK–8
4622 S King Dr|2.29 Miles Away

Dulles Elementary School

F
Public|Grades KG–8
6311 S Calumet Ave|2.29 Miles Away

Cics - Washington Pk Campus

B+
Public|Grades KG–8
110 E 61st St|2.32 Miles Away

Stair Step Villa Nursery & Kindergarten

--
Private|Grades PK–5
6725 S Jeffery Blv...|2.36 Miles Away

Beasley Elementary Magnet Academic Center

C
Public|Grades PK–8
5255 S State St|2.36 Miles Away

Mollison Elementary School

D
Public|Grades PK–8
4415 S Dr Martin L...|2.46 Miles Away

Williams Medical Preparatory High School

B-
Public|Grades 9–12
4934 S Wabash Ave|2.47 Miles Away

Bronzeville Scholastic High School

B+
Public|Grades 9–12
4934 S Wabash Ave|2.48 Miles Away

Parkside Elementary Community Academy

C-
Public|Grades PK–8
6938 S East End Av...|2.52 Miles Away

Fuller Elementary School

C
Public|Grades PK–8
4214 S Saint Lawre...|2.55 Miles Away

South Shore Fine Arts Elementary School

C
Public|Grades PK–8
1415 E 70th St|2.60 Miles Away

Yccs-Progressive Leadership Academy

--
Public|Grades 9–12
6620 S Dr Martin L...|2.61 Miles Away

Ryan Banks Academy

--
Private|Grades 7–8
6620 S King Dr|2.61 Miles Away

Transit

Experience convenience and connectivity with premium transit options just moments away.

51st/53rd St. (Hyde Park)

0.52 miles away|11 min walk

5200 S S Hyde Park

0.69 miles away|14 min walk

5000 S Lake Park

0.86 miles away|17 min walk

1111 East 60th Street

1.05 miles away|21 min walk

51st Street & Drexel Square

1.1 miles away|22 min walk

51st Street & Cottage Grove

1.23 miles away|24 min walk
Next

Transit

51st/53rd St. (Hyde Park)

0.52 miles away|11 min walk

5200 S S Hyde Park

0.69 miles away|14 min walk

5000 S Lake Park

0.86 miles away|17 min walk

1111 East 60th Street

1.05 miles away|21 min walk

51st Street & Drexel Square

1.1 miles away|22 min walk

51st Street & Cottage Grove

1.23 miles away|24 min walk

51st Street & Evans

1.31 miles away|26 min walk

47th Street & Lake Park

1.32 miles away|26 min walk

47th St. (Kenwood)

1.33 miles away|26 min walk

1240 E 47th Street

1.34 miles away|26 min walk

47th Street & Woodlawn

1.37 miles away|27 min walk

47th Street & Greenwood

1.43 miles away|28 min walk

51st Street & Champlain

1.43 miles away|28 min walk

47th Street & Ellis

1.49 miles away|29 min walk

51st Street & St. Lawrence

1.51 miles away|29 min walk

47th Street & Drexel

1.56 miles away|30 min walk

51st Street & Forrestville

1.59 miles away|31 min walk

47th Street & Cottage Grove

1.67 miles away|32 min walk

47th Street & Langley

1.77 miles away|34 min walk

5200 S King Drive

1.77 miles away|34 min walk

51st Street & King Drive

1.79 miles away|35 min walk

47th Street & St. Lawrence

1.9 miles away|37 min walk

51st

1.98 miles away|38 min walk

51st Green Line Station

1.98 miles away|38 min walk

47th Street & Vincennes

2.01 miles away|39 min walk

43rd Street & Lake Park

2.06 miles away|40 min walk

43rd Street & Berkeley

2.09 miles away|40 min walk

51st Street & Indiana

2.14 miles away|42 min walk

47th Street & King Drive

2.15 miles away|42 min walk

43rd Street & Drexel

2.17 miles away|42 min walk

42nd Place & Lake Park

2.18 miles away|42 min walk

51st Street & Michigan

2.24 miles away|43 min walk

43rd Street & Cottage Grove

2.25 miles away|44 min walk

47th Street & Calumet

2.27 miles away|44 min walk

47th (Green)

2.3 miles away|44 min walk

47th-Green

2.3 miles away|44 min walk

43rd Street & Langley

2.34 miles away|45 min walk

47th Street & Prairie

2.35 miles away|45 min walk

51st Street & Wabash

2.35 miles away|46 min walk

5200 S State

2.42 miles away|47 min walk

43rd Street & St. Lawrence

2.43 miles away|47 min walk

47th Street & Indiana

2.44 miles away|47 min walk

51st Street & State

2.46 miles away|48 min walk

5000 S State

2.52 miles away|49 min walk

43rd Street & Vincennes

2.53 miles away|49 min walk

47th Street & Michigan

2.54 miles away|49 min walk

4900 S State

2.58 miles away|50 min walk

51st Street & Federal

2.6 miles away|50 min walk

40th Street & Ellis

2.61 miles away|50 min walk

43rd Street & King Drive

2.62 miles away|51 min walk

The Neighbourhood: University Park Condominiums

Hyde Park, nestled in Cook County, IL, is a vibrant neighborhood rich in history and culture. It is home to the prestigious University of Chicago, which draws scholars and students from around the world. The area boasts beautiful parks, including the scenic Promontory Point, offering stunning views of Lake Michigan. Residents and visitors enjoy an array of cafes, bookstores, and unique local shops. Public transportation is readily accessible, with Metra and CTA options providing seamless connections to downtown Chicago.

Next

Neighbourhood Description

Hyde Park, nestled in Cook County, IL, is a vibrant neighborhood rich in history and culture. It is home to the prestigious University of Chicago, which draws scholars and students from around the world. The area boasts beautiful parks, including the scenic Promontory Point, offering stunning views of Lake Michigan. Residents and visitors enjoy an array of cafes, bookstores, and unique local shops. Public transportation is readily accessible, with Metra and CTA options providing seamless connections to downtown Chicago.

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University Park Condominiums Demographics

Age Demographics

0–14 Years

11.36%

15–29 Years

35.64%

30–44 Years

19.08%

45–59 Years

14.6%

60+ Years

19.31%

Commute

23.48%

Transit

22.23%

Walk

29.43%

Drive

5.88%

Bike

Housing Ownership

33.52%

Owner Occupied

66.48%

Rental Units

Household Types

Single Family
18.36%
Multi Family
2.69%
Single Person
53.04%
Multi Person
46.96%

Average Income

Household:$6,113,950.65 /yr

Individual:$4,938,267.84 /yr

Education

Bachelors Degree24.82%
High School College7.94%
Diploma3.97%
Post Graduate47.56%
Others15.7%
Next

Education

Diploma3.97%
Post Graduate47.56%
Others15.7%
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Huntley, Illinois 60142

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