University Center Property LLC

Owners: Ronald Koretz, Ucc Chicago Acquisition, LLC
Acct #426595
1
Total Licenses
1
Active
1
Locations
2022
Operating Since

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Business Summary

Multi-permit

University Center Property LLC has been operating in Chicago since 2022 (~4 years). They currently hold 1 active license across 1 location in LOOP.

Primary activity: Hotel - 7 or More Sleeping Rooms (Lodging / Hotel).

Notable: Multi-permit.

Most recent activity: renewal on 2026-01-12.

Locations

1 address on file
  • 525 S STATE STLoop · 3 licenses · 19 permitsActive
    Licenses (3)
    • Regulated Business LicenseActive2026-01-12
    • Regulated Business License2023-11-17
    • Regulated Business License2022-01-03
    Permits (19)
    • Express Permit Program · Mid construction2026-02-03
    • Elevator Equipment2025-11-19
    • Express Permit Program · Under construction2025-10-24
    • Express Permit Program · Operating2025-07-21
    • Renovation/Alteration · Operating2025-04-10
    • Renovation/Alteration · Operating2024-11-25
    • Express Permit Program · Mid construction2024-10-14
    • Express Permit Program · Operating2024-10-04
    • Express Permit Program · Operating2024-04-26
    • Express Permit Program · Operating2024-02-19
    • Express Permit Program · Operating2023-12-27
    • Renovation/Alteration · Mid construction2023-11-24
    • Renovation/Alteration · Mid construction2023-10-10
    • Elevator Equipment · Operating2023-05-24
    • Elevator Equipment · Operating2023-05-24
    • Renovation/Alteration · Operating2023-05-10
    • Renovation/Alteration · Operating2021-08-06
    • Renovation/Alteration · Operating2021-04-30
    • Elevator Equipment · Operating2020-07-29

Activities

Hotel - 7 or More Sleeping Rooms

Licenses

3 records

One row per license event since 2020. Tap any row for the full record. A renewal with no issuance below it points to a license first issued before our 2020 coverage window.

Regulated Business LicenserenewalActiveIssued 2026-01-12 · Expires 2028-01-15
License number
2709299
License code
4404
Site number
3
DBA name
University Center Property LLC
Legal name
University Center Property LLC
Address
525 S STATE ST, CHICAGO, IL 60605
Business activity
Hotel - 7 or More Sleeping Rooms
Application type
RENEW
Conditional approval
N
License start
2026-01-16
Payment date
2026-01-09
Date issued
2026-01-12
Expiration
2028-01-15
Status change
Data not available
Ward
4
Precinct
21
Police district
1
Community area
Loop
Neighborhood
LOOP
SSA
Data not available
Regulated Business LicenselapseIssued 2023-11-17 · Expires 2026-01-15
License number
2709299
License code
4404
Site number
3
DBA name
University Center Property LLC
Legal name
University Center Property LLC
Address
525 S STATE ST, CHICAGO, IL 60605
Business activity
Hotel - 7 or More Sleeping Rooms
Application type
RENEW
Conditional approval
N
License start
2024-01-16
Payment date
2023-11-16
Date issued
2023-11-17
Expiration
2026-01-15
Status change
Data not available
Ward
4
Precinct
21
Police district
1
Community area
Loop
Neighborhood
LOOP
SSA
Data not available
Regulated Business LicenselapseIssued 2022-01-03 · Expires 2024-01-15
License number
2709299
License code
4404
Site number
3
DBA name
University Center Property LLC
Legal name
University Center Property LLC
Address
525 S STATE ST, CHICAGO, IL 60605
Business activity
Hotel - 7 or More Sleeping Rooms
Application type
ISSUE
Conditional approval
N
License start
2022-01-03
Payment date
2020-01-09
Date issued
2022-01-03
Expiration
2024-01-15
Status change
Data not available
Ward
4
Precinct
21
Police district
1
Community area
Loop
Neighborhood
LOOP
SSA
Data not available

Permits & Construction

Active permitExpress Permit Program

Property & Census

Neighborhood

Median household income
$145,278
Owner-occupied housing
68.1%
Bachelor’s degree or higher
91.2%
People per sq mi
11,370
White-collar workforce
53.9%
Census tract 17031320400 · ACS 5-year 2024

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