Dearborn Tower 1530 S State St Unit 16K Floor 16 Chicago, IL 60605
Dearborn Park NeighborhoodEstimated payment $3,847/month
Highlights
- Rooftop Deck
- Balcony
- 1 Car Attached Garage
- Wood Flooring
- Bar Fridge
- 3-minute walk to Cotton Tail Park
About This Home
Wake up to both lake and city every morning from the 16th floor of Dearborn Tower, one of the South Loop's most sought after addresses. This spacious two bedroom, two bathroom condo faces south, treating you to breathtaking east to west city and sky views that have to be seen in person to be believed. The open layout is flooded with natural light through floor to ceiling windows, and the southern exposure means a gentle golden hour starts right from your balcony. Both bedrooms are generously sized with ample closet space, and the layout flows beautifully for both everyday living and entertaining. Beyond the unit itself, Dearborn Tower delivers the full package. A community of wonderful neighbors with access to a large party room and patio, perfect for hosting gatherings and events, and a modern fitness center that rivals any gym membership in the city. The building is also in the middle of a fully funded lobby and elevator renovation, already assessed and budgeted, so the next owner walks in on day one with brand new common spaces and zero surprise costs. It's a rare opportunity to buy at today's price and immediately benefit from tomorrow's upgrades. Location doesn't get much better than this. You're steps from the Roosevelt CTA station (Red, Green, and Orange lines), the Metra Electric and Rock Island lines at Roosevelt Road, Lake Shore Drive, Soldier Field, the Museum Campus, Grant Park, Mariano's, Trader Joe's, welcoming farmer's markets, shops and restaurants -- everything the South Loop has to offer. Whether you're looking for a primary residence or an investment in one of Chicago's most walkable, transit rich neighborhoods, 16K checks every box!
Listing Agent
Jacob Reiner
Redfin Corporation Brokerage Phone: (312) 836-4263 License #475191364 Listed on: 05/28/2026
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $6,952
Year Built
- Built in 2001
HOA Fees
- $834 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Leased Parking
- Parking Available
Home Design
- Entry on the 16th floor
- Brick Exterior Construction
- Concrete Block And Stucco Construction
- Concrete Perimeter Foundation
Interior Spaces
- 1,475 Sq Ft Home
- Bar Fridge
- Family Room
- Combination Dining and Living Room
- Intercom
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Luxury Vinyl Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- 2 Full Bathrooms
- Dual Sinks
- Separate Shower
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Rooftop Deck
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Lake Michigan Water
- Cable TV Available
Listing and Financial Details
- Homeowner Tax Exemptions
Community Details
Overview
- Association fees include heat, air conditioning, water, gas, insurance, doorman, tv/cable, exercise facilities, exterior maintenance, lawn care, scavenger, snow removal, internet
- 317 Units
- Andrew Fung Association, Phone Number (312) 949-9197
- Property managed by First Service Residential
- 18-Story Property
Amenities
- Common Area
Pet Policy
- Dogs and Cats Allowed
Security
- Carbon Monoxide Detectors
- Fire Sprinkler System
Map
About Dearborn Tower
Home Values in the Area
Average Home Value in this Area
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 | $6,952 | $34,224 | $3,282 | $30,942 |
| 2024 | $6,952 | $34,224 | $3,282 | $30,942 |
| 2023 | $6,776 | $32,844 | $2,643 | $30,201 |
| 2022 | $6,776 | $32,844 | $2,643 | $30,201 |
| 2021 | $6,624 | $32,843 | $2,642 | $30,201 |
| 2020 | $6,807 | $30,554 | $2,168 | $28,386 |
| 2019 | $6,684 | $33,268 | $2,168 | $31,100 |
| 2018 | $5,893 | $33,268 | $2,168 | $31,100 |
| 2017 | $5,084 | $26,993 | $1,791 | $25,202 |
| 2016 | $4,906 | $26,993 | $1,791 | $25,202 |
| 2015 | $4,466 | $26,993 | $1,791 | $25,202 |
| 2014 | $4,148 | $22,355 | $1,585 | $20,770 |
| 2013 | $4,066 | $22,355 | $1,585 | $20,770 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/28/2026 05/28/26 | For Sale | $449,000 | +2.6% | $304 / Sq Ft | |
| 07/13/2018 07/13/18 | Sold | $437,500 | -1.7% | $297 / Sq Ft | View Prior Sale |
| 05/31/2018 05/31/18 | Pending | -- | -- | -- | |
| 05/02/2018 05/02/18 | Price Changed | $445,000 | -1.1% | $302 / Sq Ft | |
| 04/02/2018 04/02/18 | For Sale | $450,000 | -- | $305 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $437,500 | Fidelity National Title Insu | |
| Warranty Deed | $331,500 | Cti | |
| Warranty Deed | $367,500 | Multiple |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $371,875 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $294,000 | Fannie Mae Freddie Mac |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12642704
APN: 17-21-210-148-1277
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Ask me questions while you tour the home.