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1550 S Blue Island Ave Unit 721
Condo
New
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$225,000

$281/sqft

1550 S Blue Island Ave Unit 721, Chicago

81% below median
1 bd·1 ba·800 sqft
Built 1927Little Italy

1550 S Blue Island Ave Unit 721, Chicago, IL

1 bd · 1 ba · 800 sqft Condo listed at $225,000, built in 1927 in the Little Italy neighborhood.

About this home

Welcome to 1550 S Blue Island Ave Unit 721, a spacious 1-bedroom, 1-bath condo offering approximately 800 square feet in the desirable University Station community. This well-located home is set in a full-amenity elevator building with door staff, fitness room, bike storage, receiving room, on-site management, and available parking, giving buyers the convenience and lifestyle they are looking for in a city condo. Ideally situated near University Village, Pilsen, UIC, the Illinois Medical District, public transportation, major expressways, restaurants, and downtown Chicago, this home offers excellent access to work, school, and entertainment. Competitively priced at $225,000, Unit 721 presents an appealing opportunity for buyers seeking space, value, and amenities in an established building. Sold As-is.

Property details

Price
$225,000
Bedrooms
1
Bathrooms
1
Interior
800 sqft
Price / sqft
$281
Year built
1927
Type
Condo
Days on market
15
Est. property tax
$4,680/yr · $390/mo · 2.08% IL avg
HOA
$473/mo
Last sold
$204,000 · Mar 2007

Estimated monthly payment

Down payment20% ($45,000)
Interest rate6.75%
Principal & Interest$1,167
Property Tax$206
Insurance$150
Total$1,524/mo

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Price history

$227K$215K$202K$204K on Mar 07 (Sold)$225K on Apr 26 (Initial list)
$204K · Mar 07$225K · Apr 26
  1. Apr 11, 2026$225,000Initial list price
  2. Mar 14, 2007$204,000Sold

Location

This home is located in Chicago, IL. Browse more Chicago listings on the Chicago market page or explore the full Chicago market report.

About Chicago: Chicago is the most populous city in the U.S. state of Illinois and in the Midwestern United States. Located on the western shore of Lake Michigan, it is the third-most populous city in the United States, with a population of 2.74 million at the 2020 census. The Chicago metropolitan area has 9.41 million residents and is the third-largest metropolitan area in the country. Chicago is the seat of Cook County, the second-most populous county in the U.S. (source: Wikipedia)

Climate: Average year-round temperature is 51°F with 211 dry days per year and 39.9 inches of annual rainfall.

Home Intelligence

Neighborhood (zip 60608)

This neighborhood is primarily renter-occupied (40% owner-occupied). Median age is 34.1; 19% hold a bachelor's degree; median household income is $66,821.

Median income
$66,821
Median age
34.1
Owner-occupied
39.5%
Bachelor's degree
19.1%
Census median home value
$321,600

Source: US Census Bureau American Community Survey 5-year estimates.

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