NOT LISTED FOR SALE

1501 S State St Chicago, IL 60605

South Loop Neighborhood
Studio
-- Bath
16,027 Sq Ft
8,102 Sq Ft Lot

About This Home

This home is located at 1501 S State St, Chicago, IL 60605. 1501 S State St is a home located in Cook County with nearby schools including South Loop Elementary School, Wendell Phillips Academy High School, and Village Leadership Academy.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 29, 2022
Sold by
Jlk Enterprises Llc
Bought by
Jlk 1501 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,380,000
Outstanding Balance
$1,326,559
Interest Rate
6.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 29, 2005
Sold by
Legacy 1501 Commercial Llc
Bought by
Jlk 1501 Llc

Purchase Details

Closed on
Jul 5, 2000
Sold by
Mcgowan Gregory E and Mcgowan Cheryl
Bought by
Chicago Title Land Trust Company and Trust #1108584

Purchase Details

Closed on
Apr 6, 2000
Sold by
1501 South State Street Llc
Bought by
Rudich Frank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,700
Interest Rate
8.18%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 15, 1998
Sold by
American National Bk & Tr Co Of Chicago
Bought by
1501 South State Street Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
8%
Mortgage Type
Commercial
Source: Public Records
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Jlk 1501 Llc $1,725,000 None Listed On Document
Jlk 1501 Llc $1,725,000 --
Jlk 1501 Llc $2,282,000 --
Chicago Title Land Trust Company -- --
Rudich Frank $166,500 --
1501 South State Street Llc $650,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jlk 1501 Llc $1,380,000
Closed Jlk 1501 Llc $1,380,000
Previous Owner Rudich Frank $82,700
Previous Owner 1501 South State Street Llc $325,000
Source: Public Records

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
2025 $97,335 $467,798 $12,627 $455,171
2024 $97,335 $467,798 $12,627 $455,171
2023 $59,298 $459,813 $12,627 $447,186
2022 $59,298 $287,400 $12,627 $274,773
2021 $116,847 $579,334 $12,626 $566,708
2020 $107,922 $484,456 $12,626 $471,830
2019 $132,395 $658,969 $12,626 $646,343
2018 $130,169 $658,969 $12,626 $646,343
2017 $129,700 $602,500 $12,626 $589,874
2016 $120,674 $602,500 $12,626 $589,874
2015 $110,406 $602,500 $12,626 $589,874
2014 $106,367 $573,287 $12,626 $560,661
2013 $104,266 $573,287 $12,626 $560,661
Source: Public Records

Map

Illinois Cook County Chicago 60605 South Loop

1501 S State St, Chicago, IL

Not Listed for Sale

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 to be accurate and should be independently verified.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.