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$235,000

Est. payment - /mo

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3 Beds

2 Baths

Price Dropped by $14K

1400 E 55th PL #1002S Chicago, IL 60637

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Key Details

Property Type Condo

Sub Type Condo

Listing Status Active

Purchase Type For Sale

Subdivision University Park Condos

MLS Listing ID 12405060

Bedrooms 3

Full Baths 2

HOA Fees $1,265/mo

Rental Info Yes

Year Built 1961

Annual Tax Amount $3,811

Tax Year 2023

Lot Dimensions PER SURVEY

Property Sub-Type Condo

Property Description

Attention, investors! One of only four original 3 bedroom units in the entire University Park Condo (UPC) building in the heart of Hype Park, Chicago, with 3 bedrooms and 2 bathrooms is rented (renewed to 3 tenants) through Aug. 31, 2026. The UPC building is in very high demand for rentals among University of Chicago employees and graduate students, which makes it an excellent investment opportunity. This large top-floor corner condo has a remarkable 17 windows that provide an excellent natural light year-round. Very spacious bedrooms have updated flooring. The building features on-site management, 24/7 door staff, elevators, multiple laundry rooms, additional storage, and an outdoor swimming pool. The UPC is located in close proximity to all of Hyde Park's amenities: Trader Joe's, Whole Foods, popular restaurants, and more. Steps from numerous public transportation options, including the university of Chicago Campus buses and Metra around the corner. Street parking is easy.

Location

State IL

County Cook

Area Chi - Hyde Park

Rooms

Basement None

Interior

Heating Natural Gas

Cooling Wall Unit(s)

Fireplace N

Appliance Range, Microwave, Refrigerator

Exterior

Amenities Available Door Person, Coin Laundry, Elevator(s), Exercise Room, Storage, On Site Manager/Engineer, Pool, Receiving Room, Service Elevator(s)

Building

Dwelling Type Attached Single

Building Description Brick, No

Story 10

Sewer Public Sewer

Water Lake Michigan

Structure Type Brick

New Construction false

Schools

School District 299 , 299, 299

Others

HOA Fee Include Heat,Water,Gas,Insurance,Security,Doorman,TV/Cable,Pool,Exterior Maintenance,Lawn Care,Scavenger,Snow Removal

Ownership Condo

Special Listing Condition None

Pets Allowed Cats OK, Dogs OK, Number Limit

Listed by Ali Arciniega • ALLURE Real Estate

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Realty Executives Premier

Broker | License ID: RB14033486

+1(219) 405-3647