1500 S State St Chicago, IL 60605
Dearborn Park Neighborhood
3
Beds
3
Baths
2,800
Sq Ft
2,178
Sq Ft Lot
Highlights
- Rooftop Deck
- Wood Flooring
- Terrace
- Open Floorplan
- Bonus Room
- 2-minute walk to Cotton Tail Park
About This Home
As of December 2024Welcome to 1500 S. State St., a 3 bedroom, 3 bath Single Family Home, located in in a gated community of the South Loop. Enjoy the abundance of outdoor space, including a paved terrace, a balcony and a rooftop deck. Enter the home to a foyer with closet, which leads to the open concept floor plan of the living level. The living room with fireplace, overlooks the dining room and kitchen. The kitchen includes imported countertops, wine fridge, closet pantry with pull out shelves, and plenty of specialty cabinet storage. Direct access to the balcony and its BBQ grill add to the menu. The third level includes 3 bedrooms and 2 full baths. The main bedroom includes a walk-in-closet, another closet and a private bath. The 4th level includes a sink, small fridge and cabinet for storage. The cherry, literally on the top, includes a rooftop deck, with views of the treetops and the Chicago Skyline. The ground level includes a family room, ( has been used as a 4th bedroom) a full bath, and offers access to the paved backyard terrace. The bonus lower level can be used as a den, office or rec room. An attached 2 car garage and a PAD FOR MORE PARKING is included. This home has been freshly painted, and the both decks have been newly replaced. Enjoy this gated community within the South Loop School District. Walk to the Loop, lake, museums, shopping, restaurants and nightlife. Enjoy your summer in the city!
Last Agent to Sell the Property
RE/MAX Premier License #475117355 Listed on: 06/21/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $17,211
Year Built
- Built in 1999
Lot Details
- 2,178 Sq Ft Lot
HOA Fees
- $116 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Garage Door Opener
- Parking Included in Price
Home Design
- Brick Exterior Construction
Interior Spaces
- 2,800 Sq Ft Home
- 4-Story Property
- Open Floorplan
- Bar
- Gas Log Fireplace
- Entrance Foyer
- Family Room
- Living Room with Fireplace
- Breakfast Room
- Formal Dining Room
- Bonus Room
- Partially Finished Basement
- Partial Basement
Flooring
- Wood
- Partially Carpeted
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
- Walk-In Closet
- 3 Full Bathrooms
- Dual Sinks
Laundry
- Laundry Room
- Laundry on main level
Outdoor Features
- Balcony
- Rooftop Deck
- Terrace
Schools
- South Loop Elementary School
- Phillips Academy High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Lake Michigan Water
Community Details
- Association fees include insurance, scavenger, snow removal
- Carol Association
- Dearborn Mews Subdivision
- Property managed by Self -managed
Listing and Financial Details
- Senior Tax Exemptions
- Homeowner Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 21, 2024
Closed on
Nov 25, 2024
Sold by
Sharfman Avraham and Sharfman Anne S
Bought by
Lu Qiao Ling
Seller's Agent
Terri Buseman
RE/MAX Premier
Buyer's Agent
Nancy Ip
Landmark & Property Group, Inc
List Price
$1,059,000
Sold Price
$980,000
Premium/Discount to List
-$79,000
-7.46%
Views
54
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
$71,193
Avg. Annual Appreciation
8.63%
Original Mortgage
$686,000
Outstanding Balance
$683,617
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$350,571
Purchase Details
Closed on
Feb 25, 1999
Sold by
Cityview Llc
Bought by
Sharfman Avraham and Sharfman Anne S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
6.78%
Mortgage Type
Unknown
Purchase Details
Closed on
Sep 1, 1997
Sold by
Cole Taylor Bank
Bought by
Cityview Llc
Similar Homes in Chicago, IL
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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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $980,000 | Chicago Title | |
| Warranty Deed | $980,000 | Chicago Title | |
| Warranty Deed | $396,500 | -- | |
| Trustee Deed | $266,666 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $686,000 | New Conventional | |
| Closed | $686,000 | New Conventional | |
| Previous Owner | $171,700 | New Conventional | |
| Previous Owner | $181,300 | Unknown | |
| Previous Owner | $200,000 | Credit Line Revolving | |
| Previous Owner | $204,000 | Unknown | |
| Previous Owner | $220,000 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/20/2024 12/20/24 | Sold | $980,000 | -4.4% | $350 / Sq Ft |
| 09/03/2024 09/03/24 | Pending | -- | -- | -- |
| 07/30/2024 07/30/24 | Price Changed | $1,025,000 | -3.2% | $366 / Sq Ft |
| 07/24/2024 07/24/24 | For Sale | $1,059,000 | +8.1% | $378 / Sq Ft |
| 07/11/2024 07/11/24 | Off Market | $980,000 | -- | -- |
| 06/21/2024 06/21/24 | For Sale | $1,059,000 | -- | $378 / Sq Ft |
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 | $17,698 | $97,000 | $37,828 | $59,172 |
| 2023 | $17,211 | $89,575 | $30,436 | $59,139 |
| 2022 | $17,211 | $89,575 | $30,436 | $59,139 |
| 2021 | $17,975 | $95,116 | $30,436 | $64,680 |
| 2020 | $14,647 | $71,333 | $25,001 | $46,332 |
| 2019 | $15,604 | $83,838 | $25,001 | $58,837 |
| 2018 | $16,068 | $87,525 | $25,001 | $62,524 |
| 2017 | $15,479 | $77,981 | $20,653 | $57,328 |
| 2016 | $14,761 | $77,981 | $20,653 | $57,328 |
| 2015 | $13,466 | $77,981 | $20,653 | $57,328 |
| 2014 | $10,657 | $61,843 | $18,479 | $43,364 |
| 2013 | $10,428 | $61,843 | $18,479 | $43,364 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2024
Terri Buseman
RE/MAX
(312) 208-5166
36 in this area
74 Total Sales
-
Buyer's Agent in 2024
Nancy Ip
Landmark & Property Group, Inc
1 in this area
51 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12090525
APN: 17-21-210-107-0000
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