Dearborn Tower 1530 S State St Unit 610 Chicago, IL 60605
Dearborn Park Neighborhood
1
Bed
1
Bath
1,000
Sq Ft
$625/mo
HOA Fee
Highlights
- Doorman
- Landscaped Professionally
- Gallery
- Fitness Center
- Wood Flooring
- 3-minute walk to Cotton Tail Park
About This Home
As of May 20251BR/1BA | Stunning 1,000 Sq Ft true concrete loft in former Beatrice Foods cold storage warehouse. This exceptionally clean urban retreat offers permanent, unobstructed panoramic views of the City skyline. Features include 12' concrete ceilings, real 3/4" oak hardwood floors, and a spacious open floor plan. The kitchen has 42" oak cabinets, granite countertops, and a breakfast bar. Enjoy a huge living/dining area, a private balcony, a massive master bedroom with a walk-in closet, and an oversized bathroom with walk-in shower. Parking $30k. Central South Loop location. Close to Public Transportation, City Parks & Playgrounds, Highly sought after public and private school options: South Loop Elementary, British, Old St. Mary's, Daystar and Jones College Prep schools. Walk to Loop, Target, Jewel, Mariano's, Trader Joe's, Whole Foods, Roosevelt Collection, shopping, Museums, Grant/Millennium Park & Lake Michigan. Easy access to all highways
Last Agent to Sell the Property
Berkshire Hathaway HomeServices Chicago License #475140648 Listed on: 02/02/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $5,272
Year Built
- Built in 2001
Lot Details
- Landscaped Professionally
- Additional Parcels
HOA Fees
- $625 Monthly HOA Fees
Parking
- 1 Car Garage
- Circular Driveway
Home Design
- Brick Exterior Construction
- Reinforced Caisson Foundation
- Rubber Roof
- Concrete Block And Stucco Construction
- Concrete Perimeter Foundation
Interior Spaces
- 1,000 Sq Ft Home
- Window Screens
- Entrance Foyer
- Family Room
- Combination Dining and Living Room
- Storage
- Gallery
- Wood Flooring
Kitchen
- Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Potential Bedroom
- Walk-In Closet
- 1 Full Bathroom
- No Tub in Bathroom
- Separate Shower
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
Outdoor Features
Schools
- South Loop Elementary School
- Jones College Prep High School
Utilities
- Forced Air Heating and Cooling System
- Lake Michigan Water
- Cable TV Available
Community Details
Overview
- Association fees include heat, air conditioning, water, gas, insurance, security, doorman, tv/cable, exercise facilities, exterior maintenance, scavenger, snow removal, internet
- 317 Units
- Andrew Fung Association, Phone Number (312) 949-9197
- High-Rise Condominium
- Dearborn Tower Subdivision, 1 Bdrm Loft Floorplan
- Property managed by DRAPER & KRAMER
- 18-Story Property
Amenities
- Doorman
- Valet Parking
- Sundeck
- Common Area
- Restaurant
- Business Center
- 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
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 2, 2025
Closed on
May 6, 2025
Sold by
Poinelli Michael and Poinelli Karen
Bought by
Polyakov Brandon
Seller's Agent
Susan Dickman
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Thoma Socrates Panos
Pearson Realty Group
List Price
$295,000
Sold Price
$317,500
Premium/Discount to List
$22,500
7.63%
Views
68
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
-$15,233
Avg. Annual Appreciation
-17.85%
Original Mortgage
$285,750
Outstanding Balance
$285,026
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$17,241
Purchase Details
Closed on
Oct 4, 2001
Sold by
State Street Development Corp
Bought by
Brcik Michael G and Brcik Stephanie A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,850
Interest Rate
6.8%
Purchase Details
Closed on
Aug 24, 2001
Sold by
Niedermeyer Daniel A and Niedermeyer Karen K
Bought by
Poinelli Michael and Poinelli Karen
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,850
Interest Rate
6.8%
Similar Homes in Chicago, IL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $317,500 | Chicago Title | |
| Special Warranty Deed | $425,500 | -- | |
| Warranty Deed | $244,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $285,750 | New Conventional | |
| Previous Owner | $382,850 | No Value Available | |
| Previous Owner | $150,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/15/2025 05/15/25 | Sold | $317,500 | +7.6% | $318 / Sq Ft |
| 03/08/2025 03/08/25 | Pending | -- | -- | -- |
| 02/02/2025 02/02/25 | For Sale | $295,000 | -- | $295 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $5,092 | $25,193 | $2,416 | $22,777 |
| 2023 | $4,963 | $24,055 | $1,945 | $22,110 |
| 2022 | $4,963 | $24,055 | $1,945 | $22,110 |
| 2021 | $4,851 | $24,054 | $1,945 | $22,109 |
| 2020 | $5,010 | $22,491 | $1,596 | $20,895 |
| 2019 | $4,920 | $24,489 | $1,596 | $22,893 |
| 2018 | $4,837 | $24,489 | $1,596 | $22,893 |
| 2017 | $4,277 | $19,870 | $1,318 | $18,552 |
| 2016 | $3,980 | $19,870 | $1,318 | $18,552 |
| 2015 | $3,160 | $19,870 | $1,318 | $18,552 |
| 2014 | $2,576 | $16,455 | $1,166 | $15,289 |
| 2013 | $2,515 | $16,455 | $1,166 | $15,289 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2025
Susan Dickman
Berkshire Hathaway HomeServices Chicago
(773) 627-8176
21 in this area
86 Total Sales
-
T
Buyer's Agent in 2025
Thoma Socrates Panos
Pearson Realty Group
(773) 325-2800
1 in this area
3 Total Sales
About Dearborn Tower
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12278697
APN: 17-21-210-148-1070
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