Section Image

Tower Lofts

Tower Lofts

Tower Lofts
Condominium Building
1601 W School St
Chicago, IL 60657
The Costar Building Rating

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

79 Units
7 Stories
1916 Year Built
$297K - $941K Value Range

Available Units

For Sale
For Rent
No Units Available

Highlights

  • Sundeck
  • Hamilton Elementary School Rated A-
  • Elevator
  • Balcony
  • 1 - 2 Garage Spaces Per Unit
  • Resident Manager or Management On Site

Historic charm meets modern living in Southport Corridor

Tower Lofts, a seven-story building constructed in 1916, offers a blend of historic charm and modern convenience in Chicago's vibrant Southport Corridor. With 79 units, this building provides a unique living experience in one of the city's most desirable neighborhoods. The building's modest design and symmetrical facade with a grid of windows create a welcoming atmosphere for residents.

Spacious lofts with modern amenities and skyline views

Tower Lofts offers a variety of floor plans, ranging from 1 to 3-bedroom layouts. The smallest units, with 1 bedroom and 1 bathroom, span 894 to 1,300 square feet and are priced around $340,000. These units feature hardwood floors, exposed brick, and large windows that flood the space with natural light. The kitchens are equipped with stainless steel appliances, white cabinetry, and quartz countertops, creating a sleek and modern look. The 2-bedroom units, ranging from 1,200 to 2,200 square feet, offer 2 bathrooms and are priced around $580,000. These units boast 14-foot ceilings, expansive windows, and open-concept living areas. Many units include private terraces with stunning skyline views, perfect for entertaining. The primary suites often feature walk-in closets and en-suite bathrooms with modern fixtures. The largest units, with 3 bedrooms and 2 to 3 and a half bathrooms, range from 1,800 to 3,200 square feet and rent for around $5,000 per month. These spacious units provide ample room for living, working, and relaxing. High-end kitchens with appliances from Fisher & Paykel, Sub-Zero, and Bosch, along with granite countertops and plenty of cabinet storage, make these units ideal for home chefs. The versatile second bedrooms can be used as home offices or guest rooms, offering flexibility for residents.

Convenient amenities and services for modern living

Tower Lofts provides a range of amenities and services to enhance the living experience for its residents. The building features a common roof deck with spectacular skyline views, perfect for relaxing or socializing. Additional storage space is available on-site, along with a bike room for cycling enthusiasts. Residents benefit from 24-hour access and controlled entry for added security. The building is equipped with air conditioning, heating, and in-unit laundry facilities for convenience. Kitchens in the units come with dishwashers, disposals, microwaves, and stainless steel appliances, making meal preparation a breeze. The property manager is on-site to address any concerns, and an on-site engineer ensures that the building is well-maintained. Heated garage parking is available, providing secure and convenient parking options for residents. The building also includes a storage room for additional belongings.

Vibrant Southport Corridor with endless amenities

Located in the bustling Southport Corridor, Tower Lofts offers residents access to a wide range of shops, restaurants, and entertainment options. Specialty shops like the Chicago Music Exchange and Aura Candle Bar provide unique shopping experiences, while thrift stores like The Brown Elephant offer great finds. The Athenaeum Center for Thought & Culture community theater hosts classes and performances, adding to the neighborhood's cultural offerings. Dining options are plentiful, with Mexican, Italian, and Vietnamese cuisines among the many choices. Schubas Tavern, a local favorite, features live music in a historic setting, paired with Tied House, a restaurant serving a diverse menu. For groceries, residents can choose from Jewel-Osco, Whole Foods Market, Trader Joe's, and Paulina Market, a butcher shop. The neighborhood hosts numerous events throughout the year, including Trick or Treat on Southport, the Music Box Theatre's Thanksgiving weekend sing-a-long, and the Southport Holiday Stroll and Cocktail Crawl. The nearby Lakeview East Festival of the Arts and Chicago's Pride Fest in Northalsted add to the vibrant community atmosphere. Outdoor enthusiasts will appreciate the proximity to parks like Wang Park, Juniper Park, and Belmont Harbor, which offers boat docks and a dog beach. The AIDS Garden Chicago provides a reflective space with water views, while the nearby golf course and Chicago Yacht Club offer additional recreational opportunities.

Accessible transportation options for easy commuting

Tower Lofts is well-connected to public transportation, making commuting and exploring the city convenient for residents. The Paulina Station on the Brown Line is just a five-minute walk away, providing easy access to downtown Chicago and other parts of the city. Additional nearby L stations include Addison Station on the Red Line, which is about a 25-minute walk or a five-minute drive away. Several bus stops are within a short walking distance, including Ashland & Belmont & Lincoln, Belmont & Paulina, and Ashland & Roscoe, offering routes on the Ashland, Ashland Express, and Belmont lines. These options make it easy to navigate the city without a car. For those who prefer to drive, heated garage parking is available on-site, and major roads and highways are easily accessible. Chicago Midway International Airport is approximately 25 minutes away by car, while Chicago O'Hare International Airport is about a 20-minute drive, providing convenient options for air travel.

Available Condos

No units matching this criteria are available right now.

Building Details

Recreation

  • Bike Trail

Outdoor Features

  • Sundeck

Amenities

  • 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

  • Dogs and Cats Allowed

Condo Association

  • $576 Monthly HOA Fees
  • Monthly HOA Fees Range from $505 - $795
  • Association fees include water, insurance, tv/cable, scavenger
  • Cristina Cole Association, Phone Number (312) 466-8100
  • Property managed by The Building Group

Building Design

  • Elevator

Unit Features

  • Laundry Room
  • Washer and Dryer Hookup
  • Balcony

Activity

Views

13

Favorites

1

Unit Information

Unit
514
Beds
1 Bed
Baths
1 Bath
Sq Ft
1,100
Price
$340,000
Price / Sq Ft
$309 / Sq Ft
List Date
07/31/2025

Unit Size and Value Ranges

Studio Units
Sq Ft Range
None Available
Est. Values
$297,087 - $644,107
1 Bedroom Units
Sq Ft Range
1,100
Est. Values
$298,837 - $502,952
2 Bedroom Units
Sq Ft Range
1,308 - 1,370
Est. Values
$499,645 - $717,573
3 Bedroom Units
Sq Ft Range
1,800 - 3,200
Est. Values
$679,984 - $940,693
All Units
Sq Ft Range
1,100 - 3,200
Est. Values
$297,087 - $940,693

Map

Area Factors

Very Bikeable

Bike Score®

89 / 100

Walker's Paradise

Walk Score®

96 / 100

Excellent Transit

Transit Score®

71 / 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

Busy

Sound Score®

67 / 100

--

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

See All Agents

Property Taxes

Range in Assessed Values
$2.5K - $72.2K
Range of Taxes in Building
$217 - $13,803
Range of Taxes per Sq Ft
$2.79 - $7.47

Property Tax History

Source: Public Records

Similar Condominium Buildings

Building Website

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.