NOT LISTED FOR SALE

Dearborn Tower 1530 S State St Unit 625 Chicago, IL 60605

Dearborn Park Neighborhood

Estimated Value: $316,000 - $485,000

2 Beds
2 Baths
-- Sq Ft
1.74 Acres Lot

Sale Details

Date Sold: November 16, 2020

Last sale price $361,000

Est. 2% increase in value since last sale

Current estimated payment $2,829 / mo

27 Days on Market

Highlights

  • Balcony
  • Forced Air Heating and Cooling System
  • 3-minute walk to Cotton Tail Park
  • South Loop Elementary School Rated 9+

About This Home

As of November 2020

Come see this beautiful 2 bed/2 bath condo in South Loop's premier Dearborn Tower. Recently renovated with fresh paint, fresh floors, new carpeting in the bedrooms, & new lighting throughout. This bright home has extremely high ceilings, floor-to-ceiling windows, & a huge private terrace that runs the full length of the unit. Building features 24-hour doorperson, exercise room, party room, business center, on-site management, & a beautiful lobby to welcome your guests. Premium indoor parking is extra $30K. Close to everything in an extremely well-managed building: South Loop school district, Mariano's, Loop, lake, & public/private transportation. Nothing to do but move in!

Last Agent to Sell the Property

Brian Murphy

Jameson Sotheby's Intl Realty License #475165241 Listed on: 08/19/2020

Last Buyer's Agent

Diana Soldo Massaro

Baird & Warner License #471001005

Baird & Warner

Property Details

Home Type

  • Condominium

Year Built

  • 2000

Lot Details

  • 1.74

HOA Fees

  • $494 per month

Home Design

  • Concrete Siding

Parking

  • Parking Available
  • Parking Included in Price

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Lake Michigan Water

Additional Features

  • Primary Bathroom is a Full Bathroom

Community Details

  • Pets Allowed

Property Details

Home Type

Condominium

Year Built

2000

Lot Details

1.74 Acres

HOA Fees

$494 per month

Listing Details

  • Property Type: Attached Single
  • Unit Floor Level: 6
  • Age: 16-20 Years
  • Full Bathrooms: 2
  • Ownership: Condo
  • Total Full or Half Bathrooms: 2
  • Estimated Year Built: 2000
  • Type Attached: Condo, Condo-Loft, High Rise (7+ Stories)
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 18
  • Year Built: 2000

Interior Features

  • Number Of Rooms: 5
  • Living Room: Dimensions: 25X13, On Level: Main Level
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: COMBO, On Level: Main Level
  • Kitchen Type: Dimensions: 11X7, On Level: Main Level
  • Additional Rooms: Balcony
  • Master Bedroom: Dimensions: 16X12, On Level: Main Level, Flooring: Carpet
  • Additional Room 1 Name: Balcony, Dimensions: 22X6, On Level: Main Level
  • Bedroom 2: Dimensions: 11X9, On Level: Main Level, Flooring: Carpet

Exterior Features

  • Exterior Building Type: Glass, Concrete

Garage/Parking

  • Number of Cars: 1
  • Parking: Space/s
  • Number Parking Spaces: 1
  • Parking On Site: Yes
  • Parking Included In Price: Yes
  • Parking Ownership: Deeded Sold Separately
  • Deeded Parking Cost: 30000

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Max Pet Weight: 999
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager On-site
  • Pet Information: Cats OK, Dogs OK
  • Common Area Amenities: Door Person, Elevator, Exercise Room, Storage, Party Room, Service Elevator
  • Assessment Includes: Heat, Air Conditioning, Water, Gas, Parking, Common Insurance, Doorman, TV/Cable, Clubhouse, Exercise Facilities, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Internet Access
  • Assessment Association Fees: 494
  • Management Contact Name: manager
  • Management Phone: 312-949-9197

Fee Information

  • Management Company: Draper & Kramer

Schools

  • Junior High Dist: 299
  • High School #2: JONES COLLEGE PREP HIGH SCHOOL

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 17212101481083

Multi Family

  • Total Number Unitsin Building: 315
  • Number Stories: 18

Tax Info

  • Taxes: 5315.36

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2020
Closed on
Nov 9, 2020
Sold by
Richardson Jill
Bought by
Schelling Kimberly S
Seller's Agent
Brian Murphy
Jameson Sotheby's Intl Realty
Buyer's Agent
Diana Soldo Massaro
Baird & Warner
List Price
$329,900
Sold Price
$361,000
Premium/Discount to List
$31,100
9.43%
Current Estimated Value
$368,049

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,049
Avg. Annual Appreciation
0.36%
Original Mortgage
$339,340
Interest Rate
2.87%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Schelling Kimberly S $361,000 Proper Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schelling Kimberly S $339,340
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/16/2020 11/16/20 Sold $361,000 +9.4% --
09/15/2020 09/15/20 Pending -- -- --
08/19/2020 08/19/20 For Sale $329,900 -- --
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 $4,762 $27,217 $2,610 $24,607
2024 $4,762 $27,217 $2,610 $24,607
2023 $5,325 $25,812 $2,102 $23,710
2022 $5,325 $25,812 $2,102 $23,710
2021 $5,206 $25,811 $2,101 $23,710
2020 $4,722 $24,298 $1,724 $22,574
2019 $5,315 $26,456 $1,724 $24,732
2018 $5,226 $26,456 $1,724 $24,732
2017 $4,621 $21,466 $1,424 $20,042
2016 $4,299 $21,466 $1,424 $20,042
2015 $3,934 $21,466 $1,424 $20,042
2014 $3,298 $17,778 $1,260 $16,518
2013 $3,233 $17,778 $1,260 $16,518
Source: Public Records

Agents Affiliated with this Home

  • Brian Murphy

    Seller's Agent in 2020

    Brian Murphy

    Jameson Sotheby's Intl Realty

    (773) 550-1045

    9 in this area

    63 Total Sales

    Brian Murphy
    Section Image
  • Diana Soldo Massaro

    Buyer's Agent in 2020

    Diana Soldo Massaro

    Baird & Warner

    (773) 965-7465

    155 Total Sales

    Diana Soldo Massaro
    Section Image
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About Dearborn Tower

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10824104

Midwest Real Estate Data (MRED)

APN: 17-21-210-148-1083

Illinois Cook County Chicago 60605 Dearborn Park

1530 S State St Unit 625, 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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