University Village Development, Chicago, Illinois
Village is a major new real estate development over old Chicago
neighborhoods, such as the area once known as the Maxwell Street
neighborhood. This development took one of the poorest
neighborhoods in Chicago and made it into a middle to upper-class
The development includes a mix of townhomes, walk-up condominiums,
single family homes, and new construction and converted lofts in
development spans the area bounded by the Dan Ryan on the east,
Morgan Street on the west, 16th street on the south, and Liberty Street
on the north. The aerial view below is provided courtesy of
Earth and highlights several of the different types of homes in the
You can click on the aerial photo below for a larger view that
will expand even further.
- Red outline: University Village single family homes
- Yellow outline: mid-rise new construction University
- Green outline: mid-rise converted University Village
Note the green space interspersed throughout the development
athletic field, tennis courts, and running track in the upper left
portion of the photo. Those athletic facilities, which are open to the
public, offer some of the greatest benefits of living in University
Ivy Hall, the real estate development located east of Halsted,
is the latest
phase of University Village and
includes single family homes, condos, and townhomes. The
entire area has been filled in except for the strip in the southeast
corner of the development along the railroad track. We imagine that at
some point the developer will build homes there but there is currently
sign of construction.
In addition, homes will eventually be built as the final phase
in the small area in the northwest corner of Halsted
and 14th Place, where the sales office is located.
Housing Options In University Village
The majority of the area is covered by single family homes,
walk up condos, and townhomes.
1/2 - 3 1/2
- 1.3 MM
1/2 - 3 1/2
Here are the current MLS listings in University Village for
types of homes for sale. Listings highlighted in yellow are either a
short sale or a foreclosure/ bank owned property.
A few of these homes are developer units. You can guess which
higher prices relative to the resale units. It always amazes us when
buyers overpay for developer units.
In addition, there are two newer construction mid-rise
buildings at the southern end of the development (yellow outline above)
that feature 1-2 bedroom lofts - 811 and 833 W. 15th St. These
buildings have doormen and exercise facilities. Click on the links
below for the current MLS condo listings.
There are also two converted mid-rise loft buildings next to
the 811 and 833 W. 15th buildings at 1524 and 1525 S. Sangamon (green
outline above) that feature 1-3 bedroom lofts. These buildings have
doormen. Click on the links below for the current MLS condo listings.
The north facing views from the higher floors of these mid-rise
buildings provide a spectacular view of the University Village
real estate development and the Chicago skyline. You can also see the
from these condos.
Please note that as of 2/2/12 University Village is not FHA approved.
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