NOT LISTED FOR SALE

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

Dearborn Park Neighborhood

Estimated Value: $535,000 - $691,000

2 Beds
2 Baths
1,689 Sq Ft
1.74 Acres Lot

Sale Details

Date Sold: March 20, 2019

Last sale price $465,000 $275 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $4,853 / mo

149 Days on Market

Highlights

  • Lake Front
  • Wood Flooring
  • Balcony
  • South Loop Elementary School Rated 9+
  • Corner Lot
  • 3-minute walk to Cotton Tail Park

About This Home

As of March 2019

SUPER LUXURY at an affordable price! PENTHOUSE level 2 bedroom unit at popular DEARBORN TOWERS boasts 13' ceilings and unobstructed southern views of the City and a large balcony. Both bedrooms include ample closet space and are located on the window line. Unit has recently refinished maple floors, neutral color walls and new washer and dryer, microwave and garbage disposal. Prime heated garage parking spaces are $35k each. Full amenity bldg w/24 hr. door, work out,room, party room and business center. Close to shopping and nightlife and the lakefront. Motivated seller.

Last Agent to Sell the Property

Beth Ryan

Coldwell Banker License #471008635 Listed on: 09/25/2018

Coldwell Banker

Last Buyer's Agent

Sara Brondyke

@properties Christie's International Real Estate License #475147498

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Year Built

  • 2001

Lot Details

  • Lake Front
  • Southern Exposure
  • East or West Exposure

HOA Fees

  • $917 per month

Parking

  • Attached Garage
  • Garage ceiling height seven feet or more
  • Heated Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Rubber Roof

Interior Spaces

  • Storage
  • Wood Flooring

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Soaking Tub
  • Separate Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

Utilities

  • Forced Air Heating and Cooling System
  • Lake Michigan Water

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Community Details

Amenities

  • Common Area

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Year Built

2001

Lot Details

1.74 Acres

HOA Fees

$917 per month

Parking

2

Listing Details

  • Property Type: Attached Single
  • Disability Access: Yes
  • Disability Access Details: 32 inch or more wide doors, Main Level Entry, Wheelchair Accessible, Wheelchair Adaptable
  • Unit Floor Level: 18
  • Age: 16-20 Years
  • Full Bathrooms: 2
  • Ownership: Condo
  • Total Full or Half Bathrooms: 2
  • Estimated Year Built: 2001
  • Tax Exemptions: Homeowner, Senior
  • Type Attached: Condo-Loft, High Rise (7+ Stories)
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 18
  • Year Built: 2001

Interior Features

  • Interior Property Features: Hardwood Floors, Laundry Hook-Up in Unit, Storage
  • Number Of Rooms: 5
  • Living Room: Dimensions: 16X16, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Cooktop, Oven/Built-in
  • Equipment: Intercom, Fire Sprinklers, Ceiling Fan
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Separate Shower, Soaking Tub
  • Above Grade Bedrooms: 2
  • Laundry: Dimensions: 4X4, On Level: Main Level
  • Dining Room: Dimensions: 10X16, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 20X12, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Island, Pantry-Closet
  • Additional Rooms: Balcony
  • Master Bedroom: Dimensions: 14X16, On Level: Main Level, Flooring: Carpet, Windows: Blinds
  • Additional Room 1 Name: Balcony, Dimensions: 6X26, On Level: Main Level
  • Bedroom 2: Dimensions: 11X12, On Level: Main Level, Flooring: Carpet, Windows: Blinds
  • Estimated Sq Ft: 1689
  • Dining Room Type: Combined w/ LivRm

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick, Glass
  • Roof Type: Rubber
  • Exterior Property Features: Balcony
  • Exposure: S (South), E (East), W (West), Lake/Water

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Heated, 7 Foot or more high garage door
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Asphalt
  • Parking Included In Price: Yes
  • Deeded Garage Cost: 35000
  • Garage Ownership: Deeded Sold Separately

Utilities

  • Electricity: Circuit Breakers, 100 Amp Service
  • Air Conditioner: Central Air
  • Water: Lake Michigan, Public
  • Sewer: Sewer-Public
  • Heating Fuel: Forced Air

Condo/Co-op/Association

  • Max Pet Weight: 999
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager On-site
  • Pet Information: Cats OK, Deposit Required, Dogs OK, Pet Count Limitation
  • Common Area Amenities: Bike Room/Bike Trails, Door Person, Elevator, Exercise Room, Storage, Health Club, On Site Manager/Engineer, Party Room, Sundeck, Receiving Room, Restaurant, Security Door Locks, Service Elevator, Valet/Cleaner, Business Center
  • Assessment Includes: Heat, Air Conditioning, Water, Gas, Common Insurance, Doorman, TV/Cable, Exercise Facilities, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Internet Access
  • Special Assessments: Y
  • Assessment Association Fees: 917
  • Management Contact Name: Thai-Trung Ly
  • Management Phone: 312-949-9197

Fee Information

  • Management Company: Draper and Kramer

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON
  • Lot Description: Common Grounds, Corner
  • Parcel Identification Number: 17212101481310

Multi Family

  • Total Number Unitsin Building: 317
  • Number Stories: 18

Tax Info

  • Taxes: 8344.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2018
Closed on
Mar 18, 2019
Sold by
Marino Herman J
Bought by
Deen Andrea Duran and Hampton David Akinyele
Seller's Agent
Beth Ryan
Coldwell Banker
Buyer's Agent
Sara Brondyke
@properties Christie's International Real Estate
List Price
$459,000
Sold Price
$465,000
Premium/Discount to List
$6,000
1.31%
Current Estimated Value
$581,581

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,581
Avg. Annual Appreciation
3.19%
Original Mortgage
$372,000
Outstanding Balance
$230,842
Interest Rate
3.87%
Mortgage Type
New Conventional
Estimated Equity
$350,739

Purchase Details

Closed on
Mar 9, 2010
Sold by
Marino Nancy Farlow
Bought by
Marino Herman J

Purchase Details

Closed on
Jan 28, 2005
Sold by
Pesoli Dominic
Bought by
Marino Herman J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage
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
Deen Andrea Duran $465,000 Attorney
Marino Herman J -- None Available
Marino Herman J $430,000 Ticor
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Deen Andrea Duran $372,000
Previous Owner Marino Herman J $344,000
Closed Marino Herman J $64,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/20/2019 03/20/19 Sold $465,000 +4.5% $275 / Sq Ft
02/21/2019 02/21/19 Pending -- -- --
12/13/2018 12/13/18 Price Changed $445,000 -1.1% $263 / Sq Ft
10/24/2018 10/24/18 Price Changed $450,000 -2.0% $266 / Sq Ft
09/25/2018 09/25/18 For Sale $459,000 -- $272 / 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 $10,470 $54,464 $5,222 $49,242
2024 $10,470 $54,464 $5,222 $49,242
2023 $10,184 $52,779 $4,206 $48,573
2022 $10,184 $52,779 $4,206 $48,573
2021 $10,645 $52,777 $4,205 $48,572
2020 $10,832 $48,625 $3,451 $45,174
2019 $9,397 $52,944 $3,451 $49,493
2018 $10,458 $52,944 $3,451 $49,493
2017 $7,940 $42,959 $2,851 $40,108
2016 $7,747 $42,959 $2,851 $40,108
2015 $7,391 $42,959 $2,851 $40,108
2014 $6,124 $35,576 $2,522 $33,054
2013 $6,470 $35,576 $2,522 $33,054
Source: Public Records

Agents Affiliated with this Home

  • Beth Ryan

    Seller's Agent in 2019

    Beth Ryan

    Coldwell Banker

    (773) 463-9166

    34 Total Sales

    Beth Ryan
    Section Image
  • Sara Brondyke

    Buyer's Agent in 2019

    Sara Brondyke

    @ Properties

    (312) 882-4383

    32 Total Sales

    Sara Brondyke
    Section Image
See All Agents

About Dearborn Tower

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10093912

Midwest Real Estate Data (MRED)

APN: 17-21-210-148-1310

Illinois Cook County Chicago 60605 Dearborn Park

1530 S State St Unit 18L, 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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