1505 W School St Unit 1 Chicago, IL 60657
Southport Corridor Neighborhood
3
Beds
3.5
Baths
2,800
Sq Ft
$278/mo
HOA Fee
Highlights
- Deck
- Family Room with Fireplace
- Main Floor Bedroom
- Augustus H. Burley Elementary School Rated A-
- Wood Flooring
- Whirlpool Bathtub
About This Home
As of May 2025Transform Your Lifestyle in This Southport Corridor Dream Home Imagine walking just 5 minutes to catch the Brown Line after enjoying your morning coffee on your private terrace, surrounded by the vibrant energy of Chicago's coveted Southport Corridor. You deserve a home where luxury meets practicality, and this stunning 2,800 sq ft duplex delivers exactly that. Nestled in the prestigious Burley School District, this rare 30-foot wide property offers the perfect balance of sophisticated urban living and comfortable family space. Culinary enthusiasts will fall in love with the dream kitchen, where the extra-thick quartz island becomes the heart of your home - perfect for casual dinners or elegant entertaining. The primary suite offers your personal sanctuary with a luxurious marble bathroom, whirlpool tub, and steam shower that transforms ordinary mornings into spa-like experiences. Also enjoy a very private back deck off of the back of the home. Your entertaining needs are beautifully addressed in the lower level great room, where near 10-foot ceilings create an impressive backdrop for gatherings to enjoy a beverage from the wet bar or watch a big game. The lower level floors have radiant heating. Recent mechanical updates (including 2022 washer/dryer and refrigerator, 2023 ejector pump, and 2024 roof) mean you can move in without worrying about immediate replacements or repairs. Plus, the building's exterior has been sealed with a 20-year warranty. Visit today to discover why this incredible location on tree-lined School Street offers the lifestyle transformation you've been searching for!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $15,489
Year Built
- Built in 2004
HOA Fees
- $278 Monthly HOA Fees
Parking
- 1 Car Garage
- Off Alley Parking
- Parking Included in Price
Home Design
- Brick Exterior Construction
Interior Spaces
- 2,800 Sq Ft Home
- 2-Story Property
- Built-In Features
- Wood Burning Fireplace
- Gas Log Fireplace
- Family Room with Fireplace
- 2 Fireplaces
- Living Room with Fireplace
- Combination Dining and Living Room
- Storage
Kitchen
- Range
- Microwave
- Dishwasher
- Wine Refrigerator
- Stainless Steel Appliances
- Disposal
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
- Main Floor Bedroom
- Walk-In Closet
- Dual Sinks
- Whirlpool Bathtub
- Steam Shower
- Shower Body Spray
- Separate Shower
Laundry
- Laundry Room
- Dryer
- Washer
Basement
- Basement Fills Entire Space Under The House
- Fireplace in Basement
- Finished Basement Bathroom
Outdoor Features
- Deck
- Patio
- Terrace
Schools
- Burley Elementary School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Radiant Heating System
- Lake Michigan Water
Listing and Financial Details
- Homeowner Tax Exemptions
Community Details
Overview
- Association fees include water, electricity, insurance, scavenger
- 3 Units
- 1505 W School Condo Association
- Property managed by 1505 W School Condo Association
Amenities
- Community Storage Space
Pet Policy
- Dogs and Cats Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 16, 2025
Closed on
May 12, 2025
Sold by
Sanagavarapu Karthik and Girirajan Thanu
Bought by
Negley Sara and Negley Stephen
Seller's Agent
Andrew Wendt
Compass
Buyer's Agent
Lance Kirshner
Compass
List Price
$995,000
Sold Price
$990,000
Premium/Discount to List
-$5,000
-0.5%
Views
17
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
$20,388
Avg. Annual Appreciation
7.03%
Original Mortgage
$742,500
Outstanding Balance
$740,375
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$270,013
Purchase Details
Listed on
Jan 29, 2020
Closed on
Feb 27, 2020
Sold by
Osborne James L and Osborne Darlene
Bought by
Sanagavarapu Karthik and Girirajan Thanu
Seller's Agent
Keith Wilkey
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Matt Laricy
Americorp, Ltd
List Price
$799,000
Sold Price
$805,000
Premium/Discount to List
$6,000
0.75%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.08%
Original Mortgage
$483,000
Interest Rate
3.4%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 15, 2011
Sold by
Anderson Mike J and Anderson Andrea K
Bought by
Osborne James L and Osborne Darlene M
Purchase Details
Closed on
Jun 25, 2004
Sold by
Meade Construction On School Llc
Bought by
Anderson Michael J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$521,200
Interest Rate
5.37%
Mortgage Type
Unknown
Similar Homes in Chicago, IL
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $990,000 | Proper Title | |
| Warranty Deed | $805,000 | American Land Title Agcy Inc | |
| Warranty Deed | $643,000 | Cti | |
| Warranty Deed | $651,500 | Chicago Title Insurance Comp |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $742,500 | New Conventional | |
| Previous Owner | $478,923 | New Conventional | |
| Previous Owner | $483,000 | New Conventional | |
| Previous Owner | $483,000 | New Conventional | |
| Previous Owner | $521,200 | Unknown | |
| Previous Owner | $1,100,000 | Construction | |
| Previous Owner | $500,000 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/19/2025 05/19/25 | Sold | $990,000 | -0.5% | $354 / Sq Ft |
| 04/20/2025 04/20/25 | Pending | -- | -- | -- |
| 04/16/2025 04/16/25 | For Sale | $995,000 | +23.6% | $355 / Sq Ft |
| 03/18/2020 03/18/20 | Sold | $805,000 | +0.8% | $288 / Sq Ft |
| 02/04/2020 02/04/20 | Pending | -- | -- | -- |
| 01/29/2020 01/29/20 | For Sale | $799,000 | -- | $285 / 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 | $16,188 | $64,213 | $27,807 | $36,406 |
| 2023 | $15,781 | $76,727 | $22,425 | $54,302 |
| 2022 | $15,781 | $76,727 | $22,425 | $54,302 |
| 2021 | $15,429 | $76,726 | $22,424 | $54,302 |
| 2020 | $13,746 | $61,703 | $9,567 | $52,136 |
| 2019 | $13,504 | $67,213 | $9,567 | $57,646 |
| 2018 | $13,277 | $67,213 | $9,567 | $57,646 |
| 2017 | $12,733 | $59,148 | $8,371 | $50,777 |
| 2016 | $11,847 | $59,148 | $8,371 | $50,777 |
| 2015 | $10,839 | $59,148 | $8,371 | $50,777 |
| 2014 | $11,292 | $60,863 | $6,839 | $54,024 |
| 2013 | $11,069 | $60,863 | $6,839 | $54,024 |
Source: Public Records
Agents Affiliated with this Home
-
Andrew Wendt
Seller's Agent in 2025
Andrew Wendt
Compass
(312) 550-9335
4 in this area
73 Total Sales
-
Lance Kirshner
Buyer's Agent in 2025
Lance Kirshner
Compass
(773) 578-8080
16 in this area
522 Total Sales
-
Keith Wilkey
Seller's Agent in 2020
Keith Wilkey
Berkshire Hathaway HomeServices Chicago
(773) 742-1318
7 in this area
76 Total Sales
-
Matt Laricy
Buyer's Agent in 2020
Matt Laricy
Americorp, Ltd
(708) 250-2696
40 in this area
2,506 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12340279
APN: 14-20-324-049-1001
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