NOT LISTED FOR SALE

Dearborn Tower 1530 S State St Unit 500 Chicago, IL 60605

Dearborn Park Neighborhood

Estimated Value: $454,000 - $520,000

2 Beds
2 Baths
1,700 Sq Ft
1.74 Acres Lot

Sale Details

Date Sold: December 22, 2023

Last sale price $495,000 $291 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $3,583 / mo

43 Days on Market

Highlights

  • Doorman
  • Open Floorplan
  • Lock-and-Leave Community
  • Fitness Center
  • Landscaped Professionally
  • 3-minute walk to Cotton Tail Park

About This Home

As of December 2023

Indulge 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

Susan Dickman

Berkshire Hathaway HomeServices Chicago License #475140648 Listed on: 10/04/2023

Berkshire Hathaway HomeServices Chicago

Last Buyer's Agent

Kara Moll

Keller Williams ONEChicago License #471002752

Keller Williams ONEChicago

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,261

Year Built

Built in 2001

Lot Details

1.74 Acres

HOA Fees

$878 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Condo-Loft
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,Condo-Loft
  • Subdivision Name: Dearborn Tower
  • Year Built: 2001
  • Age: 21-25 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 5
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 18

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit, Storage, Walk-In Closet(s), Open Floorplan, Some Carpeting
  • LivingArea: 1700
  • Other Equipment: TV-Cable, Fire Sprinklers, CO Detectors
  • Room Type: Walk In Closet, Balcony/Porch/Lanai
  • Stories Total: 18
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Separate Shower,Double Sink,Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Balcony, End Unit
  • Foundation Details: Concrete Perimeter
  • Lot Features: Corner Lot, Landscaped, Park Adjacent
  • Waterfront: No
  • Exterior Building Type: Brick,Glass,Concrete

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Garage Details: Transmitter(s),Heated
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Laundry Closet
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Additional Pet Rent, Cats OK, Dogs OK, Number Limit
  • Association Fee: 878
  • Association Amenities: Bike Room/Bike Trails, Door Person, Elevator(s), Exercise Room, Storage, On Site Manager/Engineer, Park, Party Room, Receiving Room, Restaurant, Security Door Lock(s), Service Elevator(s), Valet/Cleaner
  • Association Fee Frequency: Monthly
  • Management: Manager On-site,Monday through Friday
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: FirstService Residential
  • Management Contact Name: Andrew Fung
  • Management Phone: 312-949-9197
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Lot Info

  • Additional Parcels: Yes
  • 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: 000

Tax Info

  • Tax Annual Amount: 9261.09
  • Tax Year: 2021
  • Tax Exemptions: None

Multi Family

  • Units in Building: 317

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2023
Closed on
Dec 5, 2023
Sold by
Bought by
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
$491,265

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,735
Avg. Annual Appreciation
-0.30%
Original Mortgage
$480,290
Outstanding Balance
$468,000
Interest Rate
6.63%
Mortgage Type
FHA
Estimated Equity
$23,265
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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 Buyer Sale Price Title Company
$495,000 None Listed On Document
Source: Public Records

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 Borrower Loan Amount
Open $480,290
Source: Public Records

Property 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 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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

    Seller's Agent in 2023

    Susan Dickman

    Berkshire Hathaway HomeServices Chicago

    (773) 627-8176

    19 in this area

    85 Total Sales

    Susan Dickman
    Section Image
  • Kara Moll

    Buyer's Agent in 2023

    Kara Moll

    Keller Williams ONEChicago

    (708) 825-4387

    1 in this area

    159 Total Sales

    Kara Moll
    Section Image
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About Dearborn Tower

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11900600

Midwest Real Estate Data (MRED)

APN: 17-21-210-148-1031

Illinois Cook County Chicago 60605 Dearborn Park

1530 S State St Unit 500, 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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