Tower Lofts 1601 W School St Unit 302 Chicago, IL 60657
Southport Corridor NeighborhoodEstimated payment $4,306/month
Total Views
709
2
Beds
2
Baths
--
Sq Ft
--
Price per Sq Ft
Highlights
- Rooftop Deck
- 2-minute walk to Paulina Station
- Wood Flooring
- Hamilton Elementary School Rated A-
- Open Floorplan
- Whirlpool Bathtub
About This Home
Sunny and bright, corner 2 bedroom, 2 bath concrete loft, with garage parking, in prime Lakeview location! Step in to this "wow" space - featuring soaring, 14 foot ceilings and tons of light! This home is move-in ready, with generously sized kitchen, dining and living rooms, and a layout that maximizes space & function. The large, open, white kitchen has quartz counters & stainless steel appliances, plus a large center island perfect for entertaining and gathering, with bar stool seating. There's a large dining room, with space for a large credenza or china cabinet, and this flows into your living room with gas fireplace. Split bedroom floorplan maximizes privacy. Your primary suite has walk-through closet and attached, private bath. And your second bedroom is fully enclosed with a window (a rarity for these loft-style homes), featuring a built-in murphy bed that can be stored to create more space when not in use. Private balcony for outdoor fun, plus a common building roof deck with skyline views. Hardwood floors, exposed brick, central air/heat, in-unit laundry plus 1 garage parking space complete this home. Assessments include high speed internet and premium cable, plus full-time building engineer. Professionally managed, elevator building convenient to Target and Whole Foods, CTA Brown Line, and easy access to Southport/Roscoe Village shopping/dining, Wrigley Field, Scooter's Frozen custard, XSport Gym (in the building!). Burley Elementary School. It's all here...come home!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $8,217
Year Built
- Built in 1912 | Remodeled in 1995
Lot Details
- End Unit
HOA Fees
- $760 Monthly HOA Fees
Parking
- 1 Car Garage
- Parking Included in Price
Home Design
- Brick Exterior Construction
Interior Spaces
- Open Floorplan
- Ceiling Fan
- Gas Log Fireplace
- Window Screens
- Entrance Foyer
- Family Room
- Living Room with Fireplace
- Combination Dining and Living Room
- Storage
Kitchen
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
- Whirlpool Bathtub
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Balcony
- Rooftop Deck
Schools
- Burley Elementary School
- Lake View High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Lake Michigan Water
- Cable TV Available
Listing and Financial Details
- Homeowner Tax Exemptions
Community Details
Overview
- Association fees include water, parking, insurance, tv/cable, exterior maintenance, scavenger, snow removal, internet
- 79 Units
- Ask L/A Association
- Tower Lofts Subdivision
- Property managed by The Building Group
- 7-Story Property
Amenities
- Sundeck
- Elevator
- Community Storage Space
Pet Policy
- Dogs and Cats Allowed
Map
About Tower Lofts
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Home Values in the Area
Average Home Value in this Area
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 | $8,217 | $44,458 | $3,030 | $41,428 |
| 2023 | $7,984 | $41,180 | $2,446 | $38,734 |
| 2022 | $7,984 | $41,180 | $2,446 | $38,734 |
| 2021 | $7,819 | $41,179 | $2,445 | $38,734 |
| 2020 | $7,637 | $36,480 | $1,094 | $35,386 |
| 2019 | $8,216 | $39,756 | $1,094 | $38,662 |
| 2018 | $8,078 | $39,756 | $1,094 | $38,662 |
| 2017 | $7,209 | $32,532 | $977 | $31,555 |
| 2016 | $6,203 | $32,532 | $977 | $31,555 |
| 2015 | $5,663 | $32,532 | $977 | $31,555 |
| 2014 | $5,387 | $30,598 | $796 | $29,802 |
| 2013 | $5,273 | $30,598 | $796 | $29,802 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/13/2025 08/13/25 | For Sale | $525,000 | +23.5% | -- |
| 04/30/2019 04/30/19 | Sold | $425,000 | -5.6% | -- |
| 03/29/2019 03/29/19 | Pending | -- | -- | -- |
| 03/20/2019 03/20/19 | Price Changed | $450,000 | -6.1% | -- |
| 03/04/2019 03/04/19 | For Sale | $479,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $425,000 | Attorney | |
| Warranty Deed | $400,000 | Chicago Title | |
| Warranty Deed | $388,500 | Chicago Title Insurance Co | |
| Warranty Deed | $400,000 | Multiple | |
| Warranty Deed | $384,000 | Burnet Title Llc | |
| Warranty Deed | $304,000 | Chicago Title Insurance Co | |
| Warranty Deed | $171,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $407,250 | New Conventional | |
| Closed | $382,500 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $320,000 | New Conventional | |
| Previous Owner | $280,000 | New Conventional | |
| Previous Owner | $17,465 | Credit Line Revolving | |
| Previous Owner | $310,800 | Unknown | |
| Previous Owner | $110,000 | Credit Line Revolving | |
| Previous Owner | $320,000 | Unknown | |
| Previous Owner | $307,200 | Unknown | |
| Previous Owner | $275,000 | Balloon | |
| Previous Owner | $273,600 | No Value Available | |
| Previous Owner | $170,082 | No Value Available | |
| Closed | $52,000 | No Value Available |
Source: Public Records
Similar Homes in Chicago, IL
Source: Midwest Real Estate Data (MRED)
MLS Number: 12432467
APN: 14-19-426-042-1012
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