NOT LISTED FOR SALE

Dearborn Tower 1530 S State St Unit 18E Chicago, IL 60605

Dearborn Park Neighborhood

Estimated Value: $537,000 - $592,000

2 Beds
2 Baths
1,540 Sq Ft
1.74 Acres Lot

Sale Details

Date Sold: November 17, 2014

Last sale price $485,000 $315 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $4,681 / mo

44 Days on Market

Highlights

  • Doorman
  • Fitness Center
  • Lock-and-Leave Community
  • South Loop Elementary School Rated 9+
  • Penthouse
  • 3-minute walk to Cotton Tail Park

About This Home

As of November 2014

Unbelievable top floor 2 bedroom 2 bath South Loop condo with incredible unobstructed Skyline Views. Wonderful open space with almost 12' ceilings with spacious living dining and kitchen. All SS Jenn-Air appliances and wine cooler.42"cabinets. Very large master suite with spa like bath. Lots of closets and storage. This is a million dollar view at 1/2 the price!!! Deeded parking#117 available for $30,000,Great Space

Last Agent to Sell the Property

Michael Maier

Berkshire Hathaway HomeServices Chicago License #475123451 Listed on: 08/21/2014

Berkshire Hathaway HomeServices Chicago

Last Buyer's Agent

Terri Buseman

RE/MAX Premier License #475117355

RE/MAX Premier

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,748

Year Built

  • Built in 2001

Lot Details

  • 1.74

HOA Fees

  • $836 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Circular Driveway
  • Deeded Parking Sold Separately

Home Design

  • Penthouse
  • Rubber Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,540 Sq Ft Home
  • Combination Dining and Living Room
  • Storage
  • Wood Flooring

Kitchen

  • Double Oven
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms
  • Dual Sinks
  • Separate Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

Utilities

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

Community Details

Overview

  • Association fees include heat, air conditioning, water, gas, insurance, doorman, tv/cable, clubhouse, exercise facilities, exterior maintenance, scavenger, snow removal
  • 317 Units
  • Tiffany Association, Phone Number (312) 949-9197
  • High-Rise Community
  • Dearborn Tower Subdivision
  • Property managed by Draper and Kramer Condo
  • Lock-and-Leave Community
  • 18-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Sundeck
  • Party Room
  • Elevator
  • Service Elevator
  • Community Storage Space

Recreation

  • Bike Trail

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,748

Year Built

Built in 2001

Lot Details

1.74 Acres

HOA Fees

$836 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: High Rise (7+ Stories),Penthouse
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: High Rise (7+ Stories),Penthouse
  • Subdivision Name: Dearborn Tower
  • Year Built: 2001
  • Age: 11-15 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rehab (Y/N): No
  • Unit Floor Level: 18
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 18

Interior Features

  • Appliances: Double Oven, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Wine Refrigerator
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit, Storage
  • LivingArea: 1540
  • Other Equipment: TV-Cable
  • Room Type: No additional rooms
  • Stories Total: 18
  • Basement Description: None
  • Bathroom Amenities: Separate Shower,Double Sink
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm

Exterior Features

  • ExteriorFeatures: Balcony
  • Foundation Details: Concrete Perimeter
  • Roof: Rubber
  • Waterfront: No
  • Exterior Building Type: Brick,Concrete

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Driveway: Circular
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Deeded Sold Separately
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: 100 Amp Service
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 836
  • Association Amenities: Bike Room/Bike Trails, Door Person, Elevator(s), Exercise Room, Storage, On Site Manager/Engineer, Party Room, Sundeck, Security Door Lock(s), Service Elevator(s), Valet/Cleaner
  • Association Fee Frequency: Monthly
  • Management: Manager On-site
  • Master Association Fee: No
  • Management Company: Draper and Kramer Condo
  • Management Contact Name: Tiffany
  • Management Phone: 312-949-9197
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Air Conditioning, Water, Gas, Insurance, Doorman, TV/Cable, Clubhouse, Exercise Facilities, Exterior Maintenance, Scavenger, Snow Removal

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 0

Tax Info

  • Tax Annual Amount: 6748
  • Tax Year: 2013
  • Tax Exemptions: None

Multi Family

  • Units in Building: 317

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2014
Closed on
Nov 1, 2014
Sold by
Roy Brian D and Roy Melissa R
Bought by
Nobert Robert C and Shanahan Elizabeth A
Seller's Agent
Michael Maier
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Terri Buseman
RE/MAX Premier
List Price
$499,000
Sold Price
$485,000
Premium/Discount to List
-$14,000
-2.81%
Current Estimated Value
$563,635

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,635
Avg. Annual Appreciation
1.32%
Original Mortgage
$315,000
Outstanding Balance
$96,183
Interest Rate
3.37%
Mortgage Type
New Conventional
Estimated Equity
$467,452

Purchase Details

Closed on
Mar 31, 2008
Sold by
Ramos Israel
Bought by
Roy Brian and Roy Melissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 19, 2008
Sold by
Chicago Title Land Trust Co
Bought by
Roy Brian A and Roy Melissa R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 15, 2005
Sold by
Corona Vargas Nelva
Bought by
Chicago Title Land Trust Co and Trust #111424
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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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
Nobert Robert C $485,000 First American Title
Roy Brian $15,000 None Available
Roy Brian A $520,000 Chicago Title Land Trust Co
Chicago Title Land Trust Co $499,000 Chicago Title Co
Chicago Title Land Trust Co $499,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nobert Robert C $315,000
Previous Owner Roy Brian A $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/17/2014 11/17/14 Sold $485,000 -0.8% $315 / Sq Ft
10/04/2014 10/04/14 Pending -- -- --
09/23/2014 09/23/14 Price Changed $489,000 -2.0% $318 / Sq Ft
08/21/2014 08/21/14 For Sale $499,000 -- $324 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $10,283 $56,799 $5,446 $51,353
2024 $10,283 $56,799 $5,446 $51,353
2023 $9,984 $54,548 $4,386 $50,162
2022 $9,984 $54,548 $4,386 $50,162
2021 $9,792 $54,546 $4,385 $50,161
2020 $10,606 $50,710 $3,599 $47,111
2019 $10,404 $55,214 $3,599 $51,615
2018 $10,228 $55,214 $3,599 $51,615
2017 $8,917 $44,800 $2,973 $41,827
2016 $8,473 $44,800 $2,973 $41,827
2015 $7,729 $44,800 $2,973 $41,827
2014 $6,884 $37,101 $2,630 $34,471
2013 $6,748 $37,101 $2,630 $34,471
Source: Public Records

Agents Affiliated with this Home

  • Michael Maier

    Seller's Agent in 2014

    Michael Maier

    Berkshire Hathaway HomeServices Chicago

    (312) 520-6572

    271 Total Sales

    Michael Maier
    Section Image
  • Terri Buseman

    Buyer's Agent in 2014

    Terri Buseman

    RE/MAX

    (312) 208-5166

    29 in this area

    64 Total Sales

    Terri Buseman
    Section Image
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About Dearborn Tower

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08707743

Midwest Real Estate Data (MRED)

APN: 17-21-210-148-1305

Illinois Cook County Chicago 60605 Dearborn Park

1530 S State St Unit 18E, Chicago, IL

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.

Midwest Real Estate Data (MRED) 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.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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