Backup offers
$2,826 Closing Credit¹
#12338049, DeWayne Jefferson, Listing Office: EXIT Strategy Realty
$279,900 List price
1550 S Blue Is Unit 501 Chicago, IL 60608
$3,324
Closing credit¹
2 beds
2 full
Condo
Property details
About 1550 S Blue Is Unit 501
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.
Highlights
Home typeCondominium
HeatingNatural Gas
StatusActive
(Re-activated)
(Re-activated)
CoolingCentral Air
BasementYes
Year built1928
ParkingAssigned
MLS #12322349
Summary
- Full Bathrooms: 2
- Basement: Yes
- Interior: Storage, High Ceilings
- Total Bedroom Count: 2
- Parking: Assigned
- Heating: Natural Gas
- Cooling: Central Air
- List Price: $279,900
- HOA Amount: $702
- HOA Frequency: Monthly
- Directions: East or West on Roosevelt Rd to Blue Island, then South on Blue Island to property
- Year Built: 1928
- Stories: 13
- MLS Number: 12322349
- MLS Name: MRED
- Office Name: Bloom/Sanchez Realty, Inc.
- Office Phone: (773) 221-3244
- Listing Agent: Carlos Sanchez
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$279,900
1550 S Blue Is Unit 501
$3,324
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
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Nearby schools
9
Everett Elementary School
Public District PK-5
0.3 mi
•3419 S Bell Ave
6
N. Greene Elementary School
Public District KG-5
0.5 mi
•3525 S Honore St
7
Shields Elementary School
Public District PK-4
0.9 mi
•4250 S Rockwell St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $59,795. Most Chicago, IL residents have annual incomes between $35k-100k. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
27%
<35k
57%
35k-100k
16%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
46%
Single, No Kids
13%
Single, with Kids
21%
Married, No Kids
20%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
15%
<11 yrs old
8%
12-17 yrs old
30%
18-34 yrs old
37%
35-64 yrs old
10%
65+ yrs old
What do the neighbors do for fun?
Major League Soccer (MLS)
Mexican League Soccer
Pro Boxing
Where do the neighbors shop?
H&M
Foot Locker
Burlington
Where do the neighbors go to eat?
Popeyes
Little Caesars
Boston Market
What do the neighbors drive?
Nissan
Dodge
Honda
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1550 S Blue Is Unit 501
The listing price of 1550 S Blue Is Unit 501 property is $279,900.
The property 1550 S Blue Is Unit 501 is a condo located in Chicago, Illinois, 60608.
Active Listing: 1550 S Blue Is Unit 501 is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1550 S Blue Is Unit 501 are: Everett Elementary School (GreatSchools Rating 9/10), N. Greene Elementary School (GreatSchools Rating 6/10), Shields Elementary School (GreatSchools Rating 7/10), Burroughs Elementary School (GreatSchools Rating 8/10), Brighton Park Elementary School (GreatSchools Rating 5/10), Evergreen Academy Middle School (GreatSchools Rating 4/10), Horizon Science Academy-Mckinley Park Charter School (GreatSchools Rating 7/10), Kelly High School (GreatSchools Rating 2/10), Ijla Charter High School (GreatSchools Rating 1/10).
The property at 1550 S Blue Is Unit 501 has 2 bedrooms and 2 bathrooms.
The sq. ft. of 1550 S Blue Is Unit 501 is not available (source: MLS/tax record).
The year of construction for 1550 S Blue Is Unit 501 is 1928.
This home is located at 1550 S Blue Is Unit 501 in Chicago, IL and zip code 60609 in the McKinley Park neighborhood. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 30, 2025 and is currently priced at $279,900.
In March 2025, from all listings sold in Chicago, IL there were more than 713 sold above asking price, over 784 sold below and more than 340 were sold right at the asked price. The inventory of homes for sale in Chicago, IL between February and March 2025 increased by 25.7%. While the average time on the market in March 2025 was 39 days, the median list price was $372,223.
From Rocket Homes Real Estate and based on county public records data.