What Can $300K Buy in University Village Chicago? Inside a Recent $292K Condo Sale
For buyers wondering what $300K can buy in University Village Chicago, a recent closing at 811 W 15th Pl Unit 804 offers a real-world example. The 1-bedroom, 1-bath condo closed for $292,000 on August 14, 2026, with 854 square feet of loft-style living space, panoramic Chicago skyline views, a large private terrace and heated garage parking included. For buyers still getting familiar with the neighborhood, our complete guide to University Village Chicago real estate offers a broader look at the community and its housing options.
What made this sale stand out at the sub-$300K price point was the combination of indoor and outdoor space. Floor-to-ceiling windows and soaring concrete ceilings give the home its loft character, while hardwood floors, a gas fireplace and an open kitchen with island seating make the 854-square-foot layout feel functional and connected. Just outside, the 177-square-foot private terrace creates a true extension of the living space with room to dine, grill, entertain or simply take in the skyline. Heated garage parking was also included in the $292,000 purchase price, adding another valuable feature for a city condo at this price.
Location adds to the appeal. University Village puts residents near UIC, the Illinois Medical District, West Loop and downtown Chicago, while still offering parks, landscaped spaces and a more residential neighborhood setting. Buyers specifically comparing housing close to campus can also explore our guide to the best condo buildings near UIC. Every sale is different, but this closing provides a useful benchmark for buyers asking what a budget around $300,000 can realistically buy in University Village.
Details
Property: 811 W 15th Pl Unit 804, Chicago, IL 60608
Community: University Village
Status: Just Closed
Closed Date: August 14, 2026
Sale Price: $292,000
Beds/Baths: 1 Bed | 1 Bath
Living Area: 854 sq ft
Private Terrace: 177 sq ft
Parking: Heated garage parking included
Represented By: Cory Tanzer of The Cory Tanzer Group at Option Premier
Features That Helped Drive Buyer Interest
Panoramic Chicago skyline views from one of the building's higher floors
177-square-foot private terrace with room for dining, grilling and entertaining
Heated garage parking included in the purchase price
Loft-style interior with concrete ceilings, floor-to-ceiling windows and hardwood floors
University Village location near UIC, the Illinois Medical District, West Loop and downtown Chicago
What Does Around $300K Buy in University Village?
This closing is a useful benchmark for buyers comparing one-bedroom condos in University Village Chicago. At $292,000, the buyer secured not only the residence itself, but also private outdoor space, skyline views and garage parking.
If you are considering buying in University Village, looking at recent sales by price point, property type and features can give you a clearer picture of what your budget may realistically buy.
Explore University Village Real Estate
Interested in seeing what is currently available around the $300,000 price range in University Village? The Cory Tanzer Group can help you compare available condos, recent sales and buildings throughout University Village and the surrounding Near West Side.
UNIVERSITY VILLAGE REAL ESTATE
Meet Cory Tanzer, Your Local University Village Real Estate Expert
The Cory Tanzer Group at Option Premier
Cory Tanzer is a local University Village real estate expert and lifelong Chicagoan who helps buyers and sellers navigate University Village, University Commons and Chicago's Near West Side. With a background in marketing and Fortune 500 leadership, Cory combines neighborhood knowledge, strategic marketing and hands-on real estate experience to help clients make informed buying and selling decisions.
Ready to Work With a University Village Expert?
When people search for the best realtor to hire in University Village, Chicago, they are looking for local expertise, visibility, and proven neighborhood focus. The Cory Tanzer Group at Option Premier continues to be a trusted authority for University Village real estate.
Thinking about buying or selling in University Commons? Connect with our team and discuss current opportunities and recent sales activity.
