Seller's Agent in 2023
Colleen Harper
@ Properties
(312) 617-3456
3 in this area
32 Total Sales
Dearborn Tower 1530 S State St Unit 818 Chicago, IL 60605
Dearborn Park NeighborhoodEstimated Value: $329,601 - $392,000
1
Bed
1
Bath
1,133
Sq Ft
$549/mo
HOA Fee
Highlights
- Doorman
- Fitness Center
- Wood Flooring
- South Loop Elementary School Rated 9+
- Rooftop Deck
- 3-minute walk to Cotton Tail Park
About This Home
As of March 2023Welcome to Dearborn Tower formerly known as the Beatrice Cold Storage. A unique and oversized floor plan is larger than the average one bedroom home South Loop condo. This home offers flexible living space in true loft style. Floor to ceiling windows for maximum sun exposure and city views. Oak cabinets, granite island, stainless steel appliance package. Enjoy gas cooking. Oak hardwood flooring in living area and carpet in the bedroom. Professionally organized and spacious walk-in closet. Front loading washer /dryer. Building has 24 hour door staff, workout room, sundeck, business center, community room. Buyer must own 2 years before renting. Rentals percentage currently at about 16% Reserves are currently over $2 Million. A very well run and healthy building. This building has a central heating and air conditioning system which means you have no maintenance for a condenser or furnace. The water heater is also central to the building which means no homeowner maintenance. The only utility you pay is electric. Parking 30K Asm breakdown : Unit $383.53 Utility $119.05 Cable TV $40.09 Internet $6.00 Parking $34.48 Total $583.15
Last Agent to Sell the Property
@properties Christie's International Real Estate License #475105174 Listed on: 03/18/2022
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $5,323
Lot Details
- 1.74
HOA Fees
- $549 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Garage Transmitter
- Parking Included in Price
Home Design
- Asphalt Roof
- Concrete Perimeter Foundation
Interior Spaces
- 1,133 Sq Ft Home
- Ceiling height of 10 feet or more
- Ceiling Fan
- Sliding Doors
- Living Room
- Open Floorplan
- Dining Room
- Storage
Kitchen
- Gas Oven
- Gas Cooktop
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Disposal
Flooring
- Wood
- Partially Carpeted
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Potential Bedroom
- Walk-In Closet
- 1 Full Bathroom
- Soaking Tub
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
Outdoor Features
- Rooftop Deck
Schools
- South Loop Elementary School
- Jones College Prep High School
Utilities
- Forced Air Heating and Cooling System
- 100 Amp Service
- Cable TV Available
Additional Features
- Air Exchanger
- Dog Run
Community Details
Overview
- Association fees include heat, air conditioning, parking, insurance, doorman, tv/cable
- 317 Units
- Igor Pavlovic Association, Phone Number (312) 949-9197
- Dearborn Tower Subdivision
- Property managed by First Service
- 18-Story Property
Amenities
- Doorman
- Sundeck
- Restaurant
- Party Room
- Elevator
- Service Elevator
- Lobby
- Community Storage Space
Recreation
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
Mar 18, 2022
Closed on
Feb 27, 2023
Sold by
Thiel Frank H
Bought by
Dandridge Cameron
Seller's Agent
Colleen Harper
@properties Christie's International Real Estate
Buyer's Agent
Joshua Cantres
HomeSmart Connect LLC
List Price
$315,000
Sold Price
$315,000
Views
6
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
$32,400
Avg. Annual Appreciation
3.91%
Original Mortgage
$256,500
Outstanding Balance
$247,090
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$100,310
Purchase Details
Closed on
Oct 30, 2007
Sold by
Logan Joseph
Bought by
Thiel Frank H
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,000
Interest Rate
6.38%
Mortgage Type
Purchase Money Mortgage
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Dandridge Cameron | $315,000 | Proper Title | |
| Thiel Frank H | $295,000 | Fort Dearborn Land Title Llc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Dandridge Cameron | $256,500 | |
| Previous Owner | Thiel Frank H | $285,125 | |
| Previous Owner | Thiel Frank H | $295,000 | |
| Previous Owner | Logan Joseph | $219,750 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/03/2023 03/03/23 | Sold | $315,000 | +8.6% | $278 / Sq Ft |
| 12/27/2022 12/27/22 | Pending | -- | -- | -- |
| 09/26/2022 09/26/22 | Price Changed | $290,000 | -1.7% | $256 / Sq Ft |
| 07/13/2022 07/13/22 | Price Changed | $295,000 | -1.7% | $260 / Sq Ft |
| 05/24/2022 05/24/22 | Price Changed | $300,000 | -3.2% | $265 / Sq Ft |
| 05/01/2022 05/01/22 | Price Changed | $310,000 | -1.6% | $274 / Sq Ft |
| 03/18/2022 03/18/22 | For Sale | $315,000 | 0.0% | $278 / Sq Ft |
| 08/21/2021 08/21/21 | Rented | -- | -- | -- |
| 08/03/2021 08/03/21 | For Rent | $2,000 | +11.1% | -- |
| 03/01/2016 03/01/16 | Rented | $1,800 | 0.0% | -- |
| 01/29/2016 01/29/16 | Under Contract | -- | -- | -- |
| 01/23/2016 01/23/16 | For Rent | $1,800 | -- | -- |
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 | $5,587 | $27,373 | $2,625 | $24,748 |
| 2023 | $5,446 | $26,395 | $2,114 | $24,281 |
| 2022 | $5,446 | $26,395 | $2,114 | $24,281 |
| 2021 | $5,323 | $26,393 | $2,113 | $24,280 |
| 2020 | $5,444 | $24,437 | $1,734 | $22,703 |
| 2019 | $5,346 | $26,608 | $1,734 | $24,874 |
| 2018 | $5,256 | $26,608 | $1,734 | $24,874 |
| 2017 | $4,647 | $21,589 | $1,432 | $20,157 |
| 2016 | $4,324 | $21,589 | $1,432 | $20,157 |
| 2015 | $3,956 | $21,589 | $1,432 | $20,157 |
| 2014 | $3,317 | $17,879 | $1,267 | $16,612 |
| 2013 | $3,252 | $17,879 | $1,267 | $16,612 |
Source: Public Records
Agents Affiliated with this Home
-
Colleen Harper
-
Joshua Cantres
Buyer's Agent in 2023
Joshua Cantres
The McDonald Group
(847) 524-4444
1 in this area
24 Total Sales
-
K
Buyer's Agent in 2021
Kory Dowell
Charles Rutenberg Realty
About Dearborn Tower
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11351409
APN: 17-21-210-148-1136
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