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Ivy Hall at University Village

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  • Capcity: 152 condos, 31 townhomes, and 36 single-family homes
  • Location: University Village, between 14th and 16th streets on Halsted
  • Architects: FitzGerald Associates Architects and R.H. Kruse & Associates
  • Condo Footage: 1,384 to 1,678 square feet
  • Condo Pricing: From $300,000

University Village is welcoming a major new development that will offer luxurious single family homes and condominiums.

Ivy Hall is a complete new neighborhood that is being developed by three different companies. Mesirow Stein Real Estate, Inc is one of the companies behind Ivy Hall. They have worked on projects around the city ranging from the McCormick Place expansion to the major redevelopment at Glenview Naval Air Station.

New Frontier Companies and Harlem Irving Companies are the other two developers involved in the Ivy Hall project.

Ivy Hall will offer a wide range of choices for residents looking to live in the University Village. Single family homes, townhomes, and Chicago luxury condominiums are all included in the master plan for the new community.

Single family homes range from four to six bedrooms and offer amenities such as a two car garage. These large homes are the perfect choice for families looking to live in the area.

Condominiums will offer one two, and thee bedroom floorplans. The townhomes at Ivy Hall come with floor plans of two and three bedrooms.

There are several units currently on the market. A walk up condominium at Ivy Hall is priced at $409,900. The three bedroom and two bath condominium offers 1,371 square feet of living space.

A single family home is also available for just under $1 million. The three bedroom, 2.5 bath home has a total of 3,167 square feet of living space.

A townhome at Ivy Hall is selling for $779,900. The three bedroom and 3.5 bath townhome offers just over 2,900 square feet of living space.

Many of the units come with a private rooftop deck.

University Village is located on the Near West Side of Chicago and is home to the University of Illinois at Chicago. The area is a popular destination for many young professionals, families, and students who want to live close to downtown Chicago.

Ivy Hall is just a few miles from some of the most popular destinations in the city. Greektown, Chinatown, and Little Italy are all within minutes of Ivy Hall.

Downtown Chicago is just a few minutes away via El and Metra connections. Commuters will love the convenient location of Ivy Hall.

There are also several restaurants and great nightlife around University Village. Reggio’s Pizza, Joy Yee Noodles, Morgan’s Bar and Grill, and Junior’s Sports Lounge are all popular spots for locals.

The real estate market for condos and homes on the Near West Side of Chicago is showing signs of cooling.

According to the second quarter numbers from the Chicago Association of Realtors, sales of condos dropped 20 percent in the neighborhood. A total of 560 condos were sold during the second quarter, down from 700 during the same period last year.

If you are selling your condominium on the Near West Side, it’s going to take you a lot longer than in most other parts of the city. The average turnover time for the neighborhood is now at 175 days, up from 146 last year. This is 75 percent higher than the citywide average.

Prices in the neighborhood should start dropping as condo owners and developers compete to attract fewer buyers.

If you are looking for a condominium on the Near West Side, it will pay off to negotiate aggressively and wait for the right price.


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