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$265,000
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Property Description
Discover urban sophistication at 1550 South Blue Island Avenue, Unit 501, Chicago. This condo is 1 of 231 units in the University Station that was originally built in 1928 and used as a cold storage warehouse, formerly known as the Produce Terminal Cold Storage building. In 2006 the entire complex was converted into condos. The complex is now listed on the National Register of Historic Places in Illinois and it's no coincidence that it also happens to be located in one of Chicago's oldest communities that is flourished with heavy culture. Pilsen is the neighborhood situated on the city's Lower West Side. The beautifully designed condo offers a perfect blend of modern amenities while holding onto its historic and artistic charm. Featuring two spacious bedrooms and two full bathrooms, this unit offers comfort and privacy for all your needs. Exposed ductwork and concrete details give the home a sleek industrial-chic aesthetic. Tall ceilings throughout and an open-concept living/kitchen area is flooded with natural light, highlighting the sleek finishes. Master bedroom has its own bathroom boasting a deep soaking tub with a double vanity sink. Enjoy the convenience of in-unit laundry by sliding the hallway barn door, making this home as functional as it is stylish. The building itself is well cared for, with updates to common areas. Plus, residents have access to a large gym within the building, perfect for staying active without leaving home. And for your furry friends, two dog runs are conveniently located on-site. Just moments away from the UIC campus, this condo offers the best of city living with access to authentic restaurants, trendy cafes, galleries, shopping, entertainment, and much more. Whether you're seeking to relax at home or explore the dynamic neighborhood, this condo offers the best of both worlds. Parking space deeded with property.
Full Property Details
Full Property Details for 1550 S Blue Island #501
General
- Sold For: $265,000
- HOA FEE: $702/month
- Taxes: $3,924 (2023)
- Status: Closed
- Type: Condo
- Source: MRED
- MLS ID: 12322349
- Added to Site: 293 day(s) ago
Interior
- Interior Features: Storage, High Ceilings
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Additional Information
- Shared Amenities: Bike Room/Bike Trails, Door Person, Elevator(s), Exercise Room, Storage, On-Site Manager/Engineer, Party Room, Service Elevator(s)
Parking
- Total Spaces: 144
- Parking Features: Assigned, On Site
- Parking On-Site: Yes
Location
- Area: CHI - Near West Side
- County: Cook
- Driving Directions: East or West on Roosevelt Rd to Blue Island, then South on Blue Island to property
School Information
- School District: 299
- Midd School District: 299
Community
- Assoc. Fees Include: Heat, Air Conditioning, Water, Gas, Security, Doorman, TV/Cable, Exercise Facilities, Snow Removal, Internet
- Pets Allowed: Yes
- Pet Restrictions: Cats OK, Dogs OK, / 999lbs.
- Mgmt. Company: The Building Group
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Natural Gas
Utilities
- Water: Lake Michigan, Public
Structural Information
- Structure Type: Condo
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: Unfinished, Full
- Windows: Window Treatments
- Entry Floor Number: 5
- Stories/Levels: 13
- Sq. Ft. Source: Not Reported
- Year Built: 1928
- Built Before 1978: Yes
Unit Information
- Units in Building: 231
Lot Features
- Lot Dimensions: CONDO
Financial Considerations
- Association Fee: $702
- Assoc Fee Freq.: Monthly
- Parking Included: Yes
- Assessment Year: 1928
- Tax Amount: $3,924
- Tax Year: 2023
Disclosures and Reports
- Ownership: Condo
- Property ID: 17201280281028
Listed by Bloom/Sanchez Realty, Inc.
Sold by Baird & Warner, Inc.
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Schools
Schools serving 1550 S Blue Island #501
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Smyth J Elementary School 1059 West 13th Street, Chicago, IL 60608 | K-8 | 0.5 mi |
Wells Community Academy High School 936 North Ashland Avenue, Chicago, IL 60622 | 9-11 | 2.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1550 S Blue Island #501
Date
Details
Price
Change
Source
9/19/2025
Sold
$265,000
—
MLS
8/05/2025
Price Reduced
$265,000
-1.85%
MLS
6/12/2025
Price Reduced
$270,000
-1.78%
MLS
5/19/2025
Price Reduced
$274,900
-1.79%
MLS
3/28/2025
Listed
$279,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1550 S Blue Island #501, Chicago, IL 60608 (MLS# 12322349) is a Condo property that was sold at $265,000 on September 19, 2025. Want to learn more about 1550 S Blue Island #501? Do you have questions about finding other Condo real estate for sale in Near West Side? You can browse all Near West Side real estate or contact a Coldwell Banker agent to request more information.

