Seller's Agent in 2023
Susan Dickman
Berkshire Hathaway HomeServices Chicago
(773) 627-8176
19 in this area
88 Total Sales
Dearborn Tower 1530 S State St Unit 500 Chicago, IL 60605
Dearborn Park NeighborhoodEstimated Value: $479,976 - $501,000
2
Beds
2
Baths
1,700
Sq Ft
$878/ mo
HOA Fee
Highlights
- Doorman
- Fitness Center
- Landscaped Professionally
- South Loop Elementary School Rated 9+
- Open Floorplan
- 3-minute walk to Cotton Tail Park
About This Home
As of December 2023Indulge in the sophisticated urban lifestyle offered by this 1,700-square-foot loft in Dearborn Tower, Chicago. Boasting floor-to-ceiling windows that capture the mesmerizing Chicago skyline and sunset panoramas, this residence exudes elegance. Recently painted, enhanced hardwood floors and new carpet welcome you into the open layout, featuring a granite island and maple cabinets in the kitchen. Step onto the 18-foot private balcony for a moment of relaxation. The primary bedroom, includes an ensuite primary bath with a double vanity, separate shower, soaking tub, and a generously upgraded walk-in closet. Garage parking is available at an additional $30,000. This full-service building provides 24-hour door staff, on-site management, a new exercise facility, a party room, business center, sundeck, and dry cleaning services. Situated in the central South Loop, the location offers proximity to public transportation, parks, renowned schools, and a plethora of shopping options, including Target, Jewel, Mariano's, Trader Joe's, and Whole Foods. Enjoy easy access to highways and a short walk to the Loop, Roosevelt Collection, museums, and the picturesque shores of Lake Michigan. This loft is a chic haven at the heart of city living.
Last Agent to Sell the Property
Berkshire Hathaway HomeServices Chicago License #475140648 Listed on: 10/04/2023
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $9,261
Year Built
- Built in 2001
Lot Details
- End Unit
- Landscaped Professionally
- Additional Parcels
HOA Fees
- $878 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Heated Garage
- Garage Transmitter
- Parking Space is Owned
Home Design
- Concrete Perimeter Foundation
Interior Spaces
- 1,700 Sq Ft Home
- Open Floorplan
- Combination Dining and Living Room
- Storage
Kitchen
- Range
- Microwave
- Dishwasher
Flooring
- Wood
- Partially Carpeted
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
- Dual Sinks
- Soaking Tub
- Separate Shower
Laundry
- Laundry closet
- Dryer
- Washer
Home Security
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Lake Michigan Water
- Cable TV Available
Additional Features
- Property is near park
Community Details
Overview
- Association fees include heat, air conditioning, water, gas, insurance, doorman, tv/cable, exercise facilities, exterior maintenance, scavenger, snow removal, internet
- 317 Units
- Andrew Fung Association, Phone Number (312) 949-9197
- Dearborn Tower Subdivision, Nw Corner Floorplan
- Property managed by FirstService Residential
- Lock-and-Leave Community
- 18-Story Property
Amenities
- Doorman
- Valet Parking
- Restaurant
- Party Room
- Elevator
- Service Elevator
- Package Room
- Community Storage Space
Recreation
- Park
- Bike Trail
Pet Policy
- Limit on the number of pets
- Dogs and Cats Allowed
Security
- Resident Manager or Management On Site
- Carbon Monoxide Detectors
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 4, 2023
Closed on
Dec 5, 2023
Sold by
Quartey Brian
Bought by
Brown Andrew D
Seller's Agent
Susan Dickman
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Kara Moll
Keller Williams ONEChicago
List Price
$509,900
Sold Price
$495,000
Premium/Discount to List
-$14,900
-2.92%
Views
41
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
-$1,256
Avg. Annual Appreciation
-0.11%
Original Mortgage
$480,290
Outstanding Balance
$468,000
Interest Rate
6.63%
Mortgage Type
FHA
Estimated Equity
$25,744
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Brown Andrew D | $495,000 | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Brown Andrew D | $480,290 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/22/2023 12/22/23 | Sold | $495,000 | -2.9% | $291 / Sq Ft |
| 11/17/2023 11/17/23 | Pending | -- | -- | -- |
| 10/04/2023 10/04/23 | For Sale | $509,900 | -- | $300 / 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 | $529 | $3,083 | $296 | $2,787 |
| 2024 | $529 | $3,083 | $296 | $2,787 |
| 2023 | $516 | $2,500 | $238 | $2,262 |
| 2022 | $516 | $2,500 | $238 | $2,262 |
| 2021 | $504 | $2,499 | $238 | $2,261 |
| 2020 | $613 | $2,751 | $195 | $2,556 |
| 2019 | $602 | $2,996 | $195 | $2,801 |
| 2018 | $592 | $2,996 | $195 | $2,801 |
| 2017 | $523 | $2,431 | $161 | $2,270 |
| 2016 | $487 | $2,431 | $161 | $2,270 |
| 2015 | $445 | $2,431 | $161 | $2,270 |
| 2014 | $373 | $2,012 | $142 | $1,870 |
| 2013 | $366 | $2,012 | $142 | $1,870 |
Source: Public Records
Agents Affiliated with this Home
-
Susan Dickman
-
Kara Moll
Buyer's Agent in 2023
Kara Moll
Keller Williams ONEChicago
(708) 508-2828
1 in this area
169 Total Sales
About Dearborn Tower
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11900600
APN: 17-21-210-148-1031
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Based on information submitted to the MLS GRID
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