Landlord's Agent in 2025
Hector Castaneda
Open Path Realty
(773) 316-5781
1 in this area
16 Total Sales
Towers Condominium 1221 N Dearborn St Unit 603N Chicago, IL 60610
Gold Coast Neighborhood
2
Beds
1.5
Baths
1,200
Sq Ft
0.66
Acres
Highlights
- Doorman
- 3-minute walk to Clark/Division Station
- In Ground Pool
- Lincoln Park High School Rated A
- Fitness Center
- 4-minute walk to Goudy (William) Square Park
About This Home
As of May 2025Gorgeous Gold Coast duplex condo with 2BD/1.5 BTH. Sun drenched condo with an open floor plan features fully equipped kitchen with steel appliances, great cabinet space and granite counter tops. Wood laminate floors throughout the unit, very large bedrooms with great closet space. 2 window/wall units as Central air, no pets please. Coin operated laundry is on the second floor in the building. This is a full amenity building with indoor pool, sundeck, exercise room and sauna, 24 hour doorman. Conveniently located to beach, parks, restaurants, Lake Shore Drive, public transportation and all the wonderful things the Gold Coast has to offer. Tenants have to pay for all move in/out fees/deposit from the condo association. Sorry, no pets. Tenants are required to provide proof of their insurance but the property management company is also offering the possibility of joining the Master policy for $11.95 per month (PER UNIT, not per tenant). AVAILABLE JUNE 1ST! OWNER IS LOOKING FOR A MOVE IN FEE - 35% of the unit $55 App fee (per person). No previous evictions or collections. Must have 650+ Credit Tenants pay for gas, heat and electric. Tenants are responsible for all move in/our fees/deposits to the condo association.
Last Agent to Rent the Property
Open Path Realty License #471005429 Listed on: 04/22/2025
Condo Details
Home Type
- Condominium
Est. Annual Taxes
- $5,262
Year Built | Renovated
- 1974 | 2013
Lot Details
- 0.66
Home Design
- Stone Siding
- Concrete Block And Stucco Construction
Interior Spaces
- 1,200 Sq Ft Home
- Family Room
- Combination Dining and Living Room
- Laundry Room
Kitchen
- Range
- Microwave
- Dishwasher
Flooring
- Wood
- Laminate
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- Walk-In Closet
- Dual Sinks
- Soaking Tub
Outdoor Features
- In Ground Pool
- Rooftop Deck
Utilities
- Heating Available
- Cable TV Available
Listing and Financial Details
- Property Available on 6/1/25
- Rent includes cable TV, water, doorman, internet, wi-fi
- 12 Month Lease Term
Community Details
Overview
- 197 Units
- High-Rise Condominium
- The Towers Subdivision
- Property managed by Associa
- 18-Story Property
Amenities
- Doorman
- Valet Parking
- Sundeck
- Party Room
- Coin Laundry
- Elevator
- Community Storage Space
Recreation
- Bike Trail
Pet Policy
- No Pets Allowed
Security
- Resident Manager or Management On Site
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 1, 2021
Closed on
Oct 20, 2021
Sold by
Widera Michael G and Widera Shanna M
Bought by
Chain Investors Llc Series L
Seller's Agent
Florence Molinelli
RE/MAX Premier
Buyer's Agent
Florence Molinelli
RE/MAX Premier
List Price
$295,000
Sold Price
$275,000
Premium/Discount to List
-$20,000
-6.78%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,970
Avg. Annual Appreciation
2.55%
Purchase Details
Closed on
Nov 6, 1995
Sold by
Kinnerk Brian M
Bought by
Widera Michael G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,150
Interest Rate
7.65%
Mortgage Type
FHA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Chain Investors Llc Series L | $265,000 | First American Title | |
| Widera Michael G | $116,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Widera Michael G | $113,915 | |
| Previous Owner | Widera Michael G | $47,500 | |
| Previous Owner | Widera Michael G | $186,200 | |
| Previous Owner | Widera Michael G | $187,000 | |
| Previous Owner | Widera Michael G | $111,150 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/11/2025 05/11/25 | Rented | $2,800 | 0.0% | -- |
| 04/23/2025 04/23/25 | Under Contract | -- | -- | -- |
| 04/22/2025 04/22/25 | For Rent | $2,800 | +27.3% | -- |
| 12/22/2022 12/22/22 | Rented | $2,200 | 0.0% | -- |
| 12/13/2022 12/13/22 | Under Contract | -- | -- | -- |
| 12/05/2022 12/05/22 | For Rent | $2,200 | 0.0% | -- |
| 11/17/2021 11/17/21 | Sold | $275,000 | -6.8% | -- |
| 10/25/2021 10/25/21 | For Sale | $295,000 | -- | -- |
| 10/24/2021 10/24/21 | Pending | -- | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $5,262 | $26,089 | $4,904 | $21,185 |
| 2023 | $5,130 | $24,940 | $3,933 | $21,007 |
| 2022 | $5,130 | $24,940 | $3,933 | $21,007 |
| 2021 | $4,448 | $25,449 | $3,933 | $21,516 |
| 2020 | $4,243 | $22,151 | $2,763 | $19,388 |
| 2019 | $4,141 | $24,038 | $2,763 | $21,275 |
| 2018 | $4,070 | $24,038 | $2,763 | $21,275 |
| 2017 | $3,874 | $21,372 | $2,210 | $19,162 |
| 2016 | $3,780 | $21,372 | $2,210 | $19,162 |
| 2015 | $3,436 | $21,372 | $2,210 | $19,162 |
| 2014 | $2,654 | $16,873 | $1,776 | $15,097 |
| 2013 | $2,591 | $16,873 | $1,776 | $15,097 |
Source: Public Records
Agents Affiliated with this Home
-
Hector Castaneda
-
Mike Cho
Buyer's Agent in 2022
Mike Cho
Teko Realtor LLC
(847) 650-8722
18 Total Sales
-
Florence Molinelli
Seller's Agent in 2021
Florence Molinelli
RE/MAX
(312) 404-7231
9 in this area
33 Total Sales
About Towers Condominium
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12344441
APN: 17-04-224-047-1123
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