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.
- Listing Courtesy of: ALLURE Real Estate
Details
Updated on August 4, 2025 at 3:47 pm- Property ID: MRD12405060
- Price: $235,000
- Bedrooms: 3
- Bathrooms: 2
- Year Built: 1961
- Property Type: Condo
- Property Status: Active
- HOA Fees: 1265
- Parcel Number: 20142020761288
- Water Source: Lake Michigan
- Sewer: Public Sewer
- Days On Market: 38
- Basement Bath(s): No
- Cumulative Days On Market: 38
- Tax Annual Amount: 317.58
- Cooling: Wall Unit(s)
- Electric: Fuses
- Asoc. Provides: Heat,Water,Gas,Insurance,Security,Doorman,TV/Cable,Pool,Exterior Maintenance,Lawn Care,Scavenger,Snow Removal
- Appliances: Range,Microwave,Refrigerator
- Room Type: No additional rooms
- Directions: Lake Park Ave to 55th St south west to property
- Association Fee Frequency: Not Required
- Living Area Source: Not Reported
- Township: Hyde Park
- ConstructionMaterials: Brick
- Subdivision Name: University Park Condos
- Asoc. Billed: Not Required
Address
Open on Google Maps- Address 1400 E 55th
- City Chicago
- State/county IL
- Zip/Postal Code 60637
- Country Cook
Overview
- Condo
- 3
- 2
- 1961
Mortgage Calculator
- Down Payment
- Loan Amount
- Monthly Mortgage Payment
- Property Tax
- Home Insurance
- PMI
- Monthly HOA Fees