NOT LISTED FOR SALE

Dearborn Tower 1530 S State St Unit 600 Chicago, IL 60605

Dearborn Park Neighborhood

Estimated Value: $460,000 - $566,000

2 Beds
2 Baths
1,700 Sq Ft
$984/ mo HOA Fee

Last Sold July 25, 2023

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

Est. 1% increase in value since last sale

Current estimated payment $4,367/month

21 Days on Market

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 July 2023

Welcome to urban luxury living at its finest! Step into this stunningly renovated 2 bedroom, 2 bath NW corner unit condo with breathtaking city views. As you enter, you'll be captivated by the soaring 11ft ceilings and flooded with natural light from the floor-to-ceiling windows, creating a sense of spaciousness and serenity. The custom island with built-in features and ample storage is a chef's dream, allowing you to effortlessly entertain guests while enjoying the panoramic cityscape. Every detail has been carefully considered, from the solid wood doors throughout to the updated bathrooms and walk-in closet. Picture yourself sipping your morning coffee or unwinding after a long day on the expansive balcony, where you can immerse yourself in the vibrant energy of the city. In addition to the condo's impressive features, you'll have access to a full range of amenities in the building, including heated garage parking, a brand new fitness center, and the reassurance of a 24-hour door staff. This is the epitome of urban living, combining style, convenience, and comfort all in one exceptional package. Don't miss your opportunity to own this remarkable condo and experience the best that city living has to offer. Heated garage parking is additional $35,000.

Last Agent to Sell the Property

Nicole Duran

@properties Christie's International Real Estate License #475143975 Listed on: 06/06/2023

@properties Christie's International Real Estate

Last Buyer's Agent

Liz Lassner

@properties Christie's International Real Estate License #475137097

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,871

Year Built

  • Built in 2001

Lot Details

  • End Unit
  • Landscaped Professionally

HOA Fees

  • $984 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Heated Garage
  • Garage Transmitter
  • Parking Included in Price
  • Deeded Parking Sold Separately

Home Design

  • Concrete Perimeter Foundation

Interior Spaces

  • 1,700 Sq Ft Home
  • Open Floorplan
  • Blinds
  • Family Room
  • Combination Dining and Living Room
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Separate Shower

Laundry

  • Laundry Room
  • 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, parking, insurance, doorman, tv/cable, exercise facilities, exterior maintenance, scavenger, snow removal, internet
  • 314 Units
  • Andrew Fung Association, Phone Number (312) 949-9197
  • High-Rise Condominium
  • Dearborn Tower Subdivision, Nw Corner Floorplan
  • Property managed by First Service Residential
  • 18-Story Property

Amenities

  • Doorman
  • Sundeck
  • Restaurant
  • Party Room
  • Elevator
  • Service Elevator
  • Package Room
  • Community Storage Space

Recreation

  • Bike Trail

Pet Policy

  • 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

$8,871

Year Built

Built in 2001

Lot Details

1.74 Acres

HOA Fees

$984 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Condo-Loft,High Rise (7+ Stories)
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,Condo-Loft,High Rise (7+ Stories)
  • 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: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 6
  • New Construction Y/N: No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 18

Interior Features

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

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage Details: Transmitter(s),Heated
  • Garage On-Site: Yes
  • Garage Ownership: Deeded Sold Separately
  • Garage Type: Attached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Additional Pet Rent, Cats OK, Dogs OK
  • Association Fee: 984
  • Association Amenities: Bike Room/Bike Trails, Door Person, Elevator(s), Exercise Room, Storage, On Site Manager/Engineer, Party Room, Sundeck, Receiving Room, Restaurant, Service Elevator(s), Private Laundry Hkup
  • Association Fee Frequency: Monthly
  • Management: Manager On-site,Monday through Friday
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: First Service Residential
  • Management Contact Name: Andrew Fung
  • Management Phone: 312-949-9197
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 0

Tax Info

  • Tax Annual Amount: 8871.01
  • Tax Year: 2021
  • Tax Exemptions: None

Multi Family

  • Units in Building: 314

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2023
Closed on
Jul 21, 2023
Sold by
Schewe Erica Louise
Bought by
Lynette Rae Neumann Trust and Schewe
Seller's Agent
Nicole Duran
@properties Christie's International Real Estate
Buyer's Agent
Liz Lassner
@properties Christie's International Real Estate
List Price
$500,000
Sold Price
$495,000
Premium/Discount to List
-$5,000
-1%
Views
203
Current Estimated Value
$501,065

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,065
Avg. Annual Appreciation
0.46%

Purchase Details

Closed on
Mar 19, 2008
Sold by
Lee Michael C
Bought by
Schewe Erica L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.79%
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
Lynette Rae Neumann Trust $495,000 Proper Title
Schewe Erica L $500,000 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schewe Erica L $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/25/2023 07/25/23 Sold $495,000 -1.0% $291 / Sq Ft
06/28/2023 06/28/23 Pending -- -- --
06/06/2023 06/06/23 For Sale $500,000 -- $294 / 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 $9,311 $45,744 $4,386 $41,358
2024 $9,311 $45,744 $4,386 $41,358
2023 $9,075 $43,985 $3,533 $40,452
2022 $9,075 $43,985 $3,533 $40,452
2021 $8,871 $43,983 $3,532 $40,451
2020 $9,098 $40,840 $2,898 $37,942
2019 $8,934 $44,467 $2,898 $41,569
2018 $8,784 $44,467 $2,898 $41,569
2017 $7,767 $36,080 $2,394 $33,686
2016 $7,226 $36,080 $2,394 $33,686
2015 $6,611 $36,080 $2,394 $33,686
2014 $5,544 $29,880 $2,118 $27,762
2013 $5,434 $29,880 $2,118 $27,762
Source: Public Records

Agents Affiliated with this Home

  • Nicole Duran

    Seller's Agent in 2023

    Nicole Duran

    @ Properties

    (773) 905-9472

    2 in this area

    64 Total Sales

    Nicole Duran
    Section Image
  • Liz Lassner

    Buyer's Agent in 2023

    Liz Lassner

    @ Properties

    (773) 343-1403

    1 in this area

    99 Total Sales

    Liz Lassner
    Section Image
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About Dearborn Tower

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11792425

Midwest Real Estate Data (MRED)

APN: 17-21-210-148-1060

Illinois Cook County Chicago 60605 Dearborn Park

1530 S State St Unit 600, Chicago, IL

Not Listed for Sale

Condos

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) Based on information submitted to the MLS GRID. 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.
Based on information submitted to the MLS GRID

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