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1516 N State Pky

1516 N State Pky

1516 N State Pky
Condominium Building Complex
Chicago, IL 60610
The Costar Building Rating

A rating for the building relative to other buildings of the same type throughout the country. Learn more

65 Units
21 Stories
1975 Year Built
$288K - $1.2M Value Range

Available Units

For Sale
For Rent
No Units Available

Highlights

  • Doorman
  • Lincoln Park High School Rated A
  • Water Views
  • Fitness Center
  • In Ground Pool
  • Rooftop Deck

Spacious units just steps away from Lake Michigan’s beaches

Situated near historic brownstones on a quiet, tree-lined street, this glass and concrete-clad 21-story tower offers 64 residences at an accessible price point within Chicago’s coveted Gold Coast neighborhood. Built in 1974, many condo units have been renovated and updated for the contemporary era. “There are only four units on each floor, so it’s a smaller community and they’re conscientious about building maintenance,” says Valorie Schmidt, a real estate broker with @ Properties and Christie’s International Real Estate. The lobby’s newly remodeled, streamlined design includes warm, beige furnishings and wood accents, while the residential interiors feature open-concept plans with combined living and dining areas. “The units are spacious with a nice living area. The bedrooms are a good size for condos in the city,” Schmidt adds. Owners also enjoy 24-hour door staff, a sundeck with an outdoor pool and the monthly HOA fee includes heat, water, internet, basic cable and building maintenance. Parking spaces in a maintained garage are also available for a monthly fee of $190 per month. “Plus, it’s dog-friendly which is great because it’s hard to find buildings like this in the city. And there’s no limit on size, so it’s nice if you have a large pet,” says Schmidt.

One- to three-bedroom residences with city views

Each residence features an open-concept floor plan with floor-to-ceiling windows and sliding glass doors to let in natural light. Balconies overlook the historic brownstones on Dearborn Street below or offer views of the surrounding Chicago cityscape: “From the units that overlook the pool area, there’s a little space between buildings so you have a longer view of the city. It’s very much a Mary Poppins rooftop feel and it has beautiful views at night,” says Schmidt. Despite the building being 50 years old, many owners have renovated their spaces with updated features, such as travertine heated floor tiles, Carrara marble and Koehler or Grohe fixtures. Some units have updated kitchens with farmhouse sinks and islands with a built-in wine fridge, while others may have Sub-Zero refrigerators and Mirage hardwood floors. Bathroom highlights include white subway tile walls, quartz countertops and showers with rainfall shower heads.

Accessible price points with most utilities included

Prices generally range between $250,000 and $540,000, depending on interior upgrades, renovations and overall square footage. One bedrooms are hard to come by, but two-bedrooms typically run between $320,000 and $450,000. A three-bedroom averages just under $500,000. HOA and assessment fees can be steep, running just over $1,200 per month depending on square footage, but all utilities are included except electricity.

Newly remodeled pool deck with outdoor heaters

On the fourth floor, residents can access an exercise room, dry sauna and bike room. But the real draw of the building is the pool deck, which is currently undergoing a new remodel for spring 2024 with an expected completion date before the summer. “I think it’ll definitely add value to the property. It’s on the sixth floor and includes a nice barbecue area [and] a covered seating area with a retractable roof, as well as heaters and a fire pit area,” says Schmidt. “It’s quiet and peaceful, with some nice views of the city. It’s a little sanctuary.” A common laundry area with coin-operated machines is also on-site, as well as a live-in building engineer.

One block from Lincoln Park and close to shops, markets and the Lakefront Trail

This coveted, historical neighborhood includes proximity to green space at Lincoln Park, the shops of Old Town, and the Green City Farmers Market: “It’s close to the beach and parks,” says Scmidt. “It’s a great neighborhood because you’re close to restaurants, bars and nightlife without having them on the same street as you. But you’re minutes from all the action.”

Three lines on the Chicago “L” all within walking distance

Public transportation can be accessed at nearby stations, including the Red Line at the Clark/Division Street station and the Brown and Purple lines at Sedgwick station in a roughly 15 minute walk or just over a half mile away. Several buses are also found along North Lake Shore Drive and North Clark Street.

Available Units

No units matching this criteria are available right now.

Building Details

Recreation

  • Fitness Center
  • In Ground Pool
  • Community Pool
  • Bike Trail

Outdoor Features

  • Sundeck

Amenities

  • Water Views
  • Doorman
  • Rooftop Deck
  • Sauna
  • Coin Laundry
  • Package Room
  • Community Storage Space
  • Resident Manager or Management On Site
  • Controlled Access

Parking

  • 1 - 2 Garage Spaces Per Unit
  • 1 Car Attached Garage
  • On-Site Parking

Pet Policy

  • Limit on the number of pets
  • Dogs and Cats Allowed

Condo Association

  • $1,413 Monthly HOA Fees
  • Monthly HOA Fees Range from $1,319 - $2,968
  • Association fees include water, parking, insurance, doorman, tv/cable, exercise facilities, pool, exterior maintenance, scavenger, snow removal, internet
  • Elmir Nikezic Association, Phone Number (312) 335-1950
  • Property managed by First Service Residential

Building Design

  • High-Rise Condominium
  • Elevator

Unit Features

  • Open Floorplan
  • Laundry Room
  • Balcony

Activity

Views

15

Unit Information By Building

Unit
5D
17A
Beds
1 Bed
2 Beds
Baths
2 Baths
2 Baths
Sq Ft
1,897
1,400
Price
$650,000
$555,000
Price / Sq Ft
$343 / Sq Ft
$396 / Sq Ft
List Date
06/03/2025
05/13/2025

Unit Size and Value Ranges

Studio Units
Sq Ft Range
None Available
Est. Values
$287,778 - $901,821
1 Bedroom Units
Sq Ft Range
1,897
Est. Values
$370,483 - $552,408
2 Bedroom Units
Sq Ft Range
1,039 - 1,416
Est. Values
$342,419 - $596,373
3 Bedroom Units
Sq Ft Range
2,850 - 4,000
Est. Values
$467,106 - $1,215,966
All Units
Sq Ft Range
1,039 - 4,000
Est. Values
$287,778 - $1,215,966

Map

Area Factors

Low Crime

Crime Score®

3 / 10

Biker's Paradise

Bike Score®

92 / 100

Walker's Paradise

Walk Score®

93 / 100

Excellent Transit

Transit Score®

82 / 100
Sources: WhatIsMyCrimeRisk.com, Walk Score
Sources: WhatIsMyCrimeRisk.com, Walk Score

WhatIsMyCrimeRisk.com, Powered by CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks. Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

Environmental Factors

Active

Sound Score®

68 / 100

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Air Pollution®

N/A / 10

--

Flood Factor®

N/A / 10

--

Fire Factor®

N/A / 10

--

Heat Factor®

N/A / 10

--

Wind Factor®

N/A / 10
Source: First Street, How Loud
Sources: First Street, How Loud

Sound Score® measures the noise level of any address. Environmental risk data is provided by First Street Foundation® and is designed to approximate risk and not intended to include all possible scenarios.

Parks in this Area

Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology
Disclaimer: Please note that this building may not be in these schools' attendance zones.

Agents Active in this Building

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Property Taxes

Range in Assessed Values
$34K - $162K
Range of Taxes in Building
$3,620 - $12,851
Range of Taxes per Sq Ft
$0.22 - $8.67

Property Tax History

Source: Public Records
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed and should be independently verified.