Three-Bedroom Condo Just Rented in University Village: 757 W 14th St Unit 1B, Chicago, IL 60607

Just closed 757 W 14th St Unit 1B, Chicago, IL 60607 represents another successful transaction in one of the city's most desirable urban neighborhoods. This three-bedroom, two-bath condo in the University Village community closed on July 31, 2026, at $3,595 per month, with Cory Tanzer of The Cory Tanzer Group at Option Premier representing the deal.

University Village continues to attract renters who want the feel of a real neighborhood without sacrificing urban convenience. This closing is a great example of why demand in this pocket of Chicago stays strong even as the broader rental market shifts, a trend we document regularly on our blogs. Let's break down what made this unit special, what the numbers tell us, and what it all means if you're thinking about renting, buying, or investing in this area.

What 757 W 14th St Unit 1B Actually Offers

At 1,371 square feet, this condo is genuinely spacious by Chicago standards. It sits in the University Village development at 757 W 14th St, a community known for its thoughtful landscaping, parks, and two playgrounds that make it feel less like a dense urban block and more like a genuine neighborhood destination.

The unit itself was crafted with attention to detail that you notice immediately. Eco-friendly bamboo floors run throughout the space, giving it warmth without feeling heavy. The open floor plan keeps things airy, while crisp white millwork and panel doors add a clean, polished character. A dedicated dining area sits under a multi-pendant chandelier that provides both ambient light and a focal point for the room.

The kitchen is well-appointed: high-end stainless steel appliances, granite countertops, cabinets with linear brushed nickel hardware, and a breakfast bar that makes casual mornings easy. For renters who cook, this setup matters. For renters who entertain, the open flow from kitchen to dining to living keeps the energy moving.

The main suite is genuinely generous in size and comes with a double vanity bath and a soaking tub, a combination that's harder to find at this price point than most people expect. Two patios round out the unit, giving residents outdoor options whether they want to relax quietly or host a small gathering. Designated outdoor parking is included in the price, which is a real advantage in this part of the city and should factor into your home valuation if you're considering a similar property.

Why University Village Keeps Attracting Renters and Investors

University Village has built a reputation over the years as a neighborhood that delivers on its promises. Residents get parks, green space, pet-friendly areas, easy access to multiple expressways, and strong public transit options. The community is investor-friendly with no rental cap, which is a meaningful structural advantage for anyone considering this property as part of a portfolio.

The $3,595 closing price reflects current market conditions for a well-appointed, parking-included, three-bed unit in a well-maintained community. According to the Zillow Research rental market data, Chicago's Near West Side has seen steady rental demand driven by proximity to medical district employers, university facilities, and downtown access. For context on how Chicago's broader rental landscape compares nationally, the Harvard Joint Center for Housing Studies consistently identifies Chicago as a high-demand rental metro relative to its cost base.

What This Closing Tells Buyers and Investors

One closing doesn't tell the whole story, but it confirms a pattern. Three-bedroom units in University Village with parking included are moving at competitive price points, and they're moving quickly when they're presented well. If you own a similar unit in this community, getting a current evaluation is a smart first step before deciding whether to list, rent, or hold.

For investors, the no-rental-cap structure at University Village is a key data point. Many Chicago condo buildings cap the number of units that can be rented at any given time, which creates friction for investors who want flexibility. No cap means you can move when the market is right, rather than waiting for availability on a rental slot. The National Association of Realtors has published research noting that investor-friendly rental policies are increasingly influencing purchase decisions in urban condo markets.

Work With the Team That Knows University Village

Cory Tanzer of The Cory Tanzer Group at Option Premier has been working this neighborhood long enough to earn the nickname "Mayor of University Village," and closings like this one are why. If you're thinking about listing a unit, finding a rental in this area, or buying an investment property in University Village, reach out directly at (312) 218-4483 or cory@optionpremier.com. You can also read more about the full team at Option Premier to find the right agent for your specific situation.

Don't wait on the sidelines while the market keeps moving. Visit our resource pages for the latest closings, rental activity, and neighborhood updates across Chicago, and make sure you're working from current information when you make your next move.