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  5. University Park Condominiums
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University Park Condominiums

1451 E 55th Street, Chicago, IL, 60615 |University Park Condominiums

YEAR BUILT

1959

# STORIES

10

# TOTAL UNITS

62

UNIT SIZE RANGE

1,200-1,300 sqft

Description

University Park Condominiums is situated at 1451 E 55th Street in Chicago. This high-rise building stands 10 stories tall and contains 62 units. It was built in 1959, offering a mix of charm and practicality in its design. The units vary in size from 1,200 to 1,300 square feet. Current pricing ranges from $215,000 to $229,000. Over the past year, the average closed price was about $137,400, which breaks down to approximately $201 per square foot. On average, units spend 49 days on the market. This gives potential buyers a fair chance to consider their options before making a decision. Those living in this building can access various amenities. Features include a laundry room, an exercise room, and a pool. Nearby, residents can enjoy local dining options like Thai 55th Restaurant, Homemade Pizza Co, and Maravillas Restaurant. The surrounding area also has parks, which provide an option for outdoor leisure. The building offers parking for residents, adding to everyday convenience. The community vibe feels welcoming, making it attractive for families and individuals alike. Close proximity to major roads ensures quick travels throughout the city. Living at University Park means having access to all the city has to offer while enjoying a well-maintained environment. With its solid location and available amenities, it presents a practical living situation for anyone searching for a new home. This building will appeal to those looking for a blend of comfort and community.

Building ImageMLS ID #12311605
Building ImageView Listing

University Park Condominiums

1451 E 55th Street, Chicago, IL, 60615

|University Park Condominiums

YEAR BUILT

1959

# STORIES

10

# TOTAL UNITS

62

UNIT SIZE RANGE

1,200-1,300 sqft

Description

University Park Condominiums is situated at 1451 E 55th Street in Chicago. This high-rise building stands 10 stories tall and contains 62 units. It was built in 1959, offering a mix of charm and practicality in its design. The units vary in size from 1,200 to 1,300 square feet. Current pricing ranges from $215,000 to $229,000. Over the past year, the average closed price was about $137,400, which breaks down to approximately $201 per square foot. On average, units spend 49 days on the market. This gives potential buyers a fair chance to consider their options before making a decision. Those living in this building can access various amenities. Features include a laundry room, an exercise room, and a pool. Nearby, residents can enjoy local dining options like Thai 55th Restaurant, Homemade Pizza Co, and Maravillas Restaurant. The surrounding area also has parks, which provide an option for outdoor leisure. The building offers parking for residents, adding to everyday convenience. The community vibe feels welcoming, making it attractive for families and individuals alike. Close proximity to major roads ensures quick travels throughout the city. Living at University Park means having access to all the city has to offer while enjoying a well-maintained environment. With its solid location and available amenities, it presents a practical living situation for anyone searching for a new home. This building will appeal to those looking for a blend of comfort and community.

Next

Description

University Park Condominiums is situated at 1451 E 55th Street in Chicago. This high-rise building stands 10 stories tall and contains 62 units. It was built in 1959, offering a mix of charm and practicality in its design. The units vary in size from 1,200 to 1,300 square feet. Current pricing ranges from $215,000 to $229,000. Over the past year, the average closed price was about $137,400, which breaks down to approximately $201 per square foot. On average, units spend 49 days on the market. This gives potential buyers a fair chance to consider their options before making a decision. Those living in this building can access various amenities. Features include a laundry room, an exercise room, and a pool. Nearby, residents can enjoy local dining options like Thai 55th Restaurant, Homemade Pizza Co, and Maravillas Restaurant. The surrounding area also has parks, which provide an option for outdoor leisure. The building offers parking for residents, adding to everyday convenience. The community vibe feels welcoming, making it attractive for families and individuals alike. Close proximity to major roads ensures quick travels throughout the city. Living at University Park means having access to all the city has to offer while enjoying a well-maintained environment. With its solid location and available amenities, it presents a practical living situation for anyone searching for a new home. This building will appeal to those looking for a blend of comfort and community.

University Park Condominiums Market Stats Last 12 months

Avg. Listed Price$151,400($227/Sqft.)

Avg. Sale Price$137,400($201/Sqft.)
Year over year list priceDown Arrow7.40%

Year over year sale priceDown Arrow 10.56%
Total Listings5 Listed

Total sold5 Sold
Average Days on Market49 days

Average HOA fees per sqft$2 /monthly
Next

Market Stats

Year over year list priceDown Arrow7.40%

Year over year sale priceDown Arrow10.56%
Total Listings5 Listed

Total sold5 Sold
Average Days on Market49 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 429N429N-22572023-06-08
MLS#: 11755323
Closed$229,000
Unit 730N730N-22742019-07-08
MLS#: 10356378
Closed$203,000
Unit 429N429N-221192018-07-09
MLS#: 09880755
Closed$210,000
Unit 429N
429N

2 Beds

2 Baths

0 sqft


DateStatusPrice
2023-06-08Closed$229,000
MLS#: 11755323
Days On Market57
Unit 429N
429N

2 Beds

2 Baths

0 sqft


DateStatusPrice
2018-07-09Closed$210,000
MLS#: 09880755
Days On Market119
Unit 730N
730N

2 Beds

2 Baths

0 sqft


DateStatusPrice
2019-07-08Closed$203,000
MLS#: 10356378
Days On Market74
View Complete Unit Listing HistorySource By: MRED

Amenities

What’s better than coming home to a place that has everything you need? University Park makes daily life enjoyable with its fantastic array of amenities. You can stay fit at the exercise room or take a refreshing dip in the in-ground pool. The health club is great for keeping active, while there’s always space to unwind on the sundeck or hang out with friends in the party room. And for those bike enthusiasts, there’s a bike room and numerous bike trails nearby. Plus, with wheelchair accessibility and elevators, this building welcomes everyone!

Next

Amenities Description

What’s better than coming home to a place that has everything you need? University Park makes daily life enjoyable with its fantastic array of amenities. You can stay fit at the exercise room or take a refreshing dip in the in-ground pool. The health club is great for keeping active, while there’s always space to unwind on the sundeck or hang out with friends in the party room. And for those bike enthusiasts, there’s a bike room and numerous bike trails nearby. Plus, with wheelchair accessibility and elevators, this building welcomes everyone!

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
Next

Amenities

Elevator(s)

Elevator(s)

Exercise Room

Exercise Room

Health Club

Health Club

Pool

Pool

In Ground Pool

In Ground Pool

Above Ground Pool

Above Ground Pool

Door Person

Door Person

Security

Security

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

Policies

As you start your journey towards homeownership, understanding building policies is key. University Park keeps things straightforward: while there is a size limit, cats are welcome, making it an excellent choice for pet lovers. You will need to check on maximum occupancy limits and make a small deposit to secure your unit, ensuring peace of mind for both residents and management.

Next

Amenities Description

As you start your journey towards homeownership, understanding building policies is key. University Park keeps things straightforward: while there is a size limit, cats are welcome, making it an excellent choice for pet lovers. You will need to check on maximum occupancy limits and make a small deposit to secure your unit, ensuring peace of mind for both residents and management.

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$201/sqft.$2 /sqft.
1451 E 55th St$201/sqft.$2 /sqft.
University Park Condominiums$196/sqft.$2 /sqft.
1450 E 55th Pl$187/sqft.$1 /sqft.
1450 E 55th St$188/sqft.$2 /sqft.
1450 E 55th Street$188/sqft.$2 /sqft.

Nearby Schools

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

Harte Elementary School

C
Public|Grades PK–8
1556 E 56th St|0.28 miles away

Murray Elementary Language Academy

C-
Public|Grades KG–8
5335 S Kenwood Ave|0.31 miles away

Ray Elementary School

C
Public|Grades PK–8
5631 S Kimbark Ave|0.41 miles away

Futureworld Nfp

--
Private|Grades KG–9
1744 E 55th St|0.56 miles away

Akiba-Schechter Jewish Day School

--
Private|Grades PK–8
5235 S Cornell Ave|0.58 miles away

Univ of Chicago Lab School

--
Private|Grades PK–12
1362 E 59th St|0.68 miles away
Next

Schools

Harte Elementary School

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

Murray Elementary Language Academy

C-
Public|Grades KG–8
5335 S Kenwood Ave|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|1.10 Miles Away

Hyde Park Academy High School

D+
Public|Grades 9–12
6220 S Stony Islan...|1.25 Miles Away

Reavis Math and Science Elementary School

D+
Public|Grades PK–8
834 E 50th St|1.34 Miles Away

Bronzeville Academy Charter School

D+
Public|Grades KG–8
4930 S Cottage Gro...|1.47 Miles Away

Dyett High School

--
Public|Grades 12–12
|1.47 Miles Away

Little Black Pearl Arts Academy High School

--
Public|Grades 9–12
1060 E 47th St|1.49 Miles Away

Univ of Chicago Charter-Woodlawn

D+
Public|Grades 6–12
6300 S University ...|1.49 Miles Away

Mount Carmel High School

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

Univ of Chicago Charter-Nth Kenwood

D
Public|Grades PK–5
1119 E 46th St|1.56 Miles Away

Ariel Elementary Community Academy

D
Public|Grades PK–8
1119 E 46th St|1.56 Miles Away

Hyde Park Day School Chicago Campus

--
Private|Grades 1–8
6254 S Ellis Ave|1.57 Miles Away

Sonia Shankman Orthogenic School

--
Private|Grades 5–12
6245 S Ingleside A...|1.59 Miles Away

Fiske Elementary School

D-
Public|Grades PK–8
6020 S Langley Ave|1.60 Miles Away

Walter Henri Dyett High School for the Arts

D+
Public|Grades 9–12
555 E 51st St|1.62 Miles Away

Wadsworth Elementary School

D-
Public|Grades PK–8
6650 S Ellis Ave|1.68 Miles Away

Church of God of Chicago

--
Private|Grades KG–7
4601 S Drexel Blvd|1.73 Miles Away

Burke Elementary School

D
Public|Grades PK–8
5356 S King Dr|1.83 Miles Away

King College Preparatory High School

A+
Public|Grades 9–12
4445 S Drexel Blvd|1.93 Miles Away

Woodlawn Elementary Community School

B-
Public|Grades PK–6
6657 S Kimbark Ave|2.01 Miles Away

Robinson Elementary School

C+
Public|Grades PK–3
4225 S Lake Park A...|2.10 Miles Away

Woodson South Elementary School

D-
Public|Grades PK–8
4414 S Evans Ave|2.15 Miles Away

Till Math and Science Academy

D+
Public|Grades KG–8
6543 S Champlain A...|2.20 Miles Away

Stair Step Villa Nursery & Kindergarten

--
Private|Grades PK–5
6725 S Jeffery Blv...|2.32 Miles Away

Cambridge Classical Academy

--
Private|Grades PK–8
4622 S King Dr|2.35 Miles Away

Dulles Elementary School

F
Public|Grades KG–8
6311 S Calumet Ave|2.35 Miles Away

Carter Elementary School

D-
Public|Grades PK–8
5740 S Michigan Av...|2.36 Miles Away

Cics - Washington Pk Campus

B+
Public|Grades KG–8
110 E 61st St|2.39 Miles Away

Beasley Elementary Magnet Academic Center

C
Public|Grades PK–8
5255 S State St|2.44 Miles Away

Parkside Elementary Community Academy

C-
Public|Grades PK–8
6938 S East End Av...|2.51 Miles Away

Mollison Elementary School

D
Public|Grades PK–8
4415 S Dr Martin L...|2.52 Miles Away

Williams Medical Preparatory High School

B-
Public|Grades 9–12
4934 S Wabash Ave|2.54 Miles Away

Bronzeville Scholastic High School

B+
Public|Grades 9–12
4934 S Wabash Ave|2.55 Miles Away

Fuller Elementary School

C
Public|Grades PK–8
4214 S Saint Lawre...|2.59 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...|2.66 Miles Away

Ryan Banks Academy

--
Private|Grades 7–8
6620 S King Dr|2.66 Miles Away

Transit

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

51st/53rd St. (Hyde Park)

0.48 miles away|10 min walk

5200 S S Hyde Park

0.64 miles away|13 min walk

5000 S Lake Park

0.84 miles away|17 min walk

1111 East 60th Street

1.09 miles away|21 min walk

51st Street & Drexel Square

1.17 miles away|23 min walk

51st Street & Cottage Grove

1.3 miles away|25 min walk
Next

Transit

51st/53rd St. (Hyde Park)

0.48 miles away|10 min walk

5200 S S Hyde Park

0.64 miles away|13 min walk

5000 S Lake Park

0.84 miles away|17 min walk

1111 East 60th Street

1.09 miles away|21 min walk

51st Street & Drexel Square

1.17 miles away|23 min walk

51st Street & Cottage Grove

1.3 miles away|25 min walk

47th Street & Lake Park

1.33 miles away|26 min walk

47th St. (Kenwood)

1.33 miles away|26 min walk

1240 E 47th Street

1.36 miles away|27 min walk

51st Street & Evans

1.38 miles away|27 min walk

47th Street & Woodlawn

1.4 miles away|27 min walk

47th Street & Greenwood

1.46 miles away|28 min walk

51st Street & Champlain

1.5 miles away|29 min walk

47th Street & Ellis

1.53 miles away|30 min walk

51st Street & St. Lawrence

1.58 miles away|31 min walk

47th Street & Drexel

1.61 miles away|31 min walk

51st Street & Forrestville

1.66 miles away|32 min walk

47th Street & Cottage Grove

1.72 miles away|33 min walk

47th Street & Langley

1.82 miles away|35 min walk

5200 S King Drive

1.84 miles away|36 min walk

51st Street & King Drive

1.86 miles away|36 min walk

47th Street & St. Lawrence

1.95 miles away|38 min walk

51st

2.05 miles away|40 min walk

51st Green Line Station

2.05 miles away|40 min walk

47th Street & Vincennes

2.07 miles away|40 min walk

43rd Street & Lake Park

2.08 miles away|40 min walk

43rd Street & Berkeley

2.11 miles away|41 min walk

43rd Street & Drexel

2.2 miles away|43 min walk

42nd Place & Lake Park

2.2 miles away|43 min walk

47th Street & King Drive

2.21 miles away|43 min walk

51st Street & Indiana

2.22 miles away|43 min walk

43rd Street & Cottage Grove

2.29 miles away|44 min walk

51st Street & Michigan

2.32 miles away|45 min walk

47th Street & Calumet

2.33 miles away|45 min walk

47th (Green)

2.36 miles away|46 min walk

47th-Green

2.36 miles away|46 min walk

43rd Street & Langley

2.38 miles away|46 min walk

47th Street & Prairie

2.41 miles away|47 min walk

51st Street & Wabash

2.42 miles away|47 min walk

43rd Street & St. Lawrence

2.47 miles away|48 min walk

5200 S State

2.5 miles away|48 min walk

47th Street & Indiana

2.51 miles away|49 min walk

51st Street & State

2.53 miles away|49 min walk

43rd Street & Vincennes

2.58 miles away|50 min walk

5000 S State

2.59 miles away|50 min walk

47th Street & Michigan

2.6 miles away|50 min walk

40th Street & Ellis

2.63 miles away|51 min walk

4900 S State

2.65 miles away|51 min walk

43rd Street & King Drive

2.67 miles away|52 min walk

51st Street & Federal

2.67 miles away|52 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

11.22%

15–29 Years

35.7%

30–44 Years

19.11%

45–59 Years

14.6%

60+ Years

19.37%

Commute

23.49%

Transit

22.33%

Walk

29.18%

Drive

5.91%

Bike

Housing Ownership

33.66%

Owner Occupied

66.34%

Rental Units

Household Types

Single Family
18.28%
Multi Family
2.66%
Single Person
53.07%
Multi Person
46.93%

Average Income

Household:$6,169,090.1 /yr

Individual:$5,000,869.89 /yr

Education

Bachelors Degree24.84%
High School College7.7%
Diploma3.9%
Post Graduate48.12%
Others15.44%
Next

Education

Diploma3.9%
Post Graduate48.12%
Others15.44%
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Huntley, Illinois 60142

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