$274,900
OPEN SAT 10:30AM - 12PM

15th Street Lofts 1503 S State St Unit 403 Floor 4 Chicago, IL 60605

South Loop Neighborhood

Estimated payment $2,402/month

1 Bed
1 Bath
900 Sq Ft
$305 Price per Sq Ft

Highlights

  • Lock-and-Leave Community
  • Wood Flooring
  • Balcony
  • South Loop Elementary School Rated 9+
  • Stainless Steel Appliances
  • 1-minute walk to Coliseum Park

About This Home

Welcome to 15th Street Lofts, an elevator building offering authentic loft living in the heart of the South Loop. This oversized 1-bedroom, 1-bath home spans nearly 900 sq. ft. and features dramatic 13-foot timber ceilings, floor-to-ceiling windows that fill the space with natural light, and engineered hardwood floors throughout. The open-concept layout provides a generous living and dining area anchored by exposed beams, with direct access to a large private balcony, perfect for enjoying west-facing downtown views and stunning sunsets. The kitchen is equipped with granite countertops, stainless steel appliances, and a functional island ideal for entertaining. The bedroom is spacious and offers excellent closet space. Building amenities include additional private storage, a shared roof deck and bike storage. A heated garage space is available for purchase for an additional $30k. Situated in a boutique, 78-unit elevator building, residents enjoy the perfect blend of character, comfort, and convenience. Steps from restaurants, coffee shops, parks, the lakefront, and public transportation, this home exemplifies quintessential South Loop living. The property is renter and pet friendly.

Listing Agent

Emma Alhalel

Cross Street Real Estate License #475198829 Listed on: 10/23/2025

Cross Street Real Estate

Co-Listing Agent

Julia Cullhaj

Cross Street Real Estate License #475202740

Open House Schedule

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,013

Year Renovated

  • 2004

HOA Fees

  • $531 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Entry on the 4th floor
  • Brick Exterior Construction

Interior Spaces

  • 900 Sq Ft Home
  • Family Room
  • Combination Dining and Living Room
  • Storage
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • Walk-In Closet
  • 1 Full Bathroom
  • Dual Sinks
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Lake Michigan Water
  • Cable TV Available

Additional Features

  • Balcony
  • Additional Parcels

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, gas, insurance, tv/cable, exterior maintenance, lawn care, scavenger, snow removal, internet
  • 78 Units
  • Caitlin Association, Phone Number (312) 829-8900
  • Property managed by First Service Residential
  • Lock-and-Leave Community
  • 8-Story Property

Amenities

  • Service Elevator
  • Community Storage Space
  • Elevator

Recreation

  • Bike Trail

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,013

Year Renovated

2004

Lot Details

0

HOA Fees

$531 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • EntryLevel: 4
  • New Construction: No
  • Property Sub-Type: Condo
  • Age: Unknown
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2004
  • MRD_WaterViewYN: No
  • Special Features: OpenHouse
  • Property Sub Type: Condos
  • Stories: 8
  • Year Renovated: 2004

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Hardwood
  • Interior Amenities: Elevator, Storage, Walk-In Closet(s)
  • LivingArea: 900
  • Room Type: Balcony/Porch/Lanai
  • Stories Total: 8
  • Estimated Total Finished Sq Ft: 900
  • Bathroom Amenities: Separate Shower,Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 900

Exterior Features

  • Construction Materials: Brick
  • ExteriorFeatures: Balcony
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Garage Door Opener, Garage, On Site, Garage Owned, Attached
  • ParkingTotal: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Washer Hookup, Gas Dryer Hookup, In Unit, Laundry Closet
  • Utilities: Cable Available
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 531
  • Association Amenities: Bike Room/Bike Trails, Elevator(s), Storage, Security Door Lock(s), Service Elevator(s)
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee Frequency: Not Required
  • Management Company: First Service Residential
  • Management Contact Name: Caitlin
  • Management Phone: 312-829-8900

Fee Information

  • Association Fee Includes: Water, Gas, Insurance, TV/Cable, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Internet

Lot Info

  • Additional Parcels: Yes
  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 5013.24
  • Tax Year: 2023
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 78

Map

About 15th Street Lofts

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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
2024 $4,802 $23,618 $3,969 $19,649
2023 $4,659 $26,000 $3,194 $22,806
2022 $4,659 $26,000 $3,194 $22,806
2021 $4,572 $25,999 $3,193 $22,806
2020 $3,862 $20,437 $2,623 $17,814
2019 $3,782 $22,253 $2,623 $19,630
2018 $3,717 $22,253 $2,623 $19,630
2017 $2,753 $16,165 $2,167 $13,998
2016 $2,738 $16,165 $2,167 $13,998
2015 $2,481 $16,165 $2,167 $13,998
2014 $2,148 $14,145 $1,939 $12,206
2013 $2,094 $14,145 $1,939 $12,206
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/23/2025 10/23/25 For Sale $274,900 -6.5% $305 / Sq Ft
03/29/2024 03/29/24 Sold $294,000 +1.4% $327 / Sq Ft View Prior Sale
02/18/2024 02/18/24 Pending -- -- --
02/10/2024 02/10/24 For Sale $289,900 +9.4% $322 / Sq Ft
05/07/2020 05/07/20 Sold $265,000 -3.6% $294 / Sq Ft View Prior Sale
03/29/2020 03/29/20 Pending -- -- --
03/04/2020 03/04/20 Price Changed $275,000 -1.8% $306 / Sq Ft
01/21/2020 01/21/20 For Sale $280,000 -- $311 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $294,000 Chicago Title
Warranty Deed $265,000 Stewart Title Company
Special Warranty Deed $293,000 Stewart Title Of Illinois
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $10,000 New Conventional
Open $241,200 New Conventional
Previous Owner $212,000 New Conventional
Previous Owner $260,500 Fannie Mae Freddie Mac
Source: Public Records

Source: Midwest Real Estate Data (MRED)

MLS Number: 12500905

Midwest Real Estate Data (MRED)

APN: 17-22-106-120-1016

Illinois Cook County Chicago 60605 South Loop

1503 S State St Unit 403, Chicago, IL

This home is located at 1503 S State St Unit 403, Chicago, IL 60605 and is currently priced at $274,900, approximately $305 per square foot. 1503 S State St Unit 403 is a home located in Cook County with nearby schools including South Loop Elementary School, Wendell Phillips Academy High School, and Perspectives Chtr - Joslin Campus.

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Midwest Real Estate Data (MRED) Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

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Nearby Homes
Listing Agent
Emma Alhalel
Section Image
Cross Street Real Estate
(312) 815-2385