Residential And Retail Properties
Chicago’s University Village real estate is made up of residential and retail properties built mostly from 2003 to 2018.
The neighborhood was built thanks to a massive city blessed public / private plan. Several historic Chicago neighborhoods we’re demolished in the process. It’s three primary developments were Ivy Hall, University Commons and Roosevelt Square.
1. Ivy Hall
Demolished to make room for Ivy Hall was the old Maxwell Street neighborhood. What was once one of the poorest neighborhoods in Chicago is now decidedly middle-class. Buyers in Ivy Hall have a wide variety of options, from starter lofts for first time homebuyers to million dollar single-family homes.
2. University Commons
The University Commons development and University Station were both built over the South Water Market. This was the distribution point for Chicago’s produce and agriculture market. Here real estate buyers can now find authentic concrete lofts with a style and openness not found anywhere else in the city.
3. Roosevelt Square
The Roosevelt Square development was built over-top the remains of the old ALBA public housing area. Here buyers can find condos and townhouses at a variety of price points. There is something for every condo buyer at Roosevelt Square.
The University Village neighborhood surrounds the University of Illinois at Chicago. It sits south and west of the campus. The Illinois Medical District borders the area on the west. The Pilsen neighborhood borders the south and the Dan Ryan Expressway (I-94) borders University Village to the east. University Village is on the Near West Side of Chicago just to the south of the West Loop. The University Village / Little Italy zip code is 60607.