Seller's Agent in 2025
Julie Busby
Compass
(312) 890-4818
16 in this area
598 Total Sales
Tower Lofts 1601 W School St Unit 504 Floor 5 Chicago, IL 60657
Southport Corridor Neighborhood
2
Beds
2
Baths
1,308
Sq Ft
$626/mo
HOA Fee
Highlights
- Lock-and-Leave Community
- 2-minute walk to Paulina Station
- End Unit
- Hamilton Elementary School Rated A-
- Wood Flooring
- Sundeck
About This Home
As of August 2025This impressive, light-filled loft-style condo features 2 bedrooms, 2 bathrooms, and soaring 16-foot ceilings that amplify the sense of space throughout. The spacious living and dining area connects seamlessly to the kitchen, which offers an oversized island with breakfast bar, resurfaced shaker cabinets, new dishwasher, disposal, water filtration system, and a generous double pantry. The split floor plan provides privacy, with the enclosed-wall primary suite featuring blackout shades, a large walk-in closet, and a walk-through to the en-suite bathroom. Enjoy skyline views and abundant sunlight from the south-facing balcony with composite decking, as well as from the expansive windows. A shared rooftop deck also offers sweeping views and additional outdoor space. Additional highlights include a converted electric fireplace, fresh paint, in-unit laundry, partial-blackout shades in the living area, and same-floor storage. One heated garage parking space is included, with a second spot available for rent. Conveniently located near the best of West Lakeview and the Southport Corridor, with Whole Foods and Target outside your door, and both the Brown Line and Burley Elementary close by.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $7,846
Year Built
- Built in 1915
HOA Fees
- $626 Monthly HOA Fees
Parking
- 2 Car Garage
- Parking Included in Price
Home Design
- Entry on the 5th floor
- Brick Exterior Construction
Interior Spaces
- 1,308 Sq Ft Home
- Ceiling Fan
- Gas Log Fireplace
- Entrance Foyer
- Family Room
- Living Room with Fireplace
- Combination Dining and Living Room
Kitchen
- Range
- Dishwasher
- Stainless Steel Appliances
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Schools
- Burley Elementary School
- Lake View High School
Utilities
- Forced Air Zoned Heating and Cooling System
- Heating System Uses Natural Gas
- Lake Michigan Water
Additional Features
- Balcony
- End Unit
Community Details
Overview
- Association fees include water, parking, insurance, exterior maintenance, scavenger, snow removal
- 80 Units
- Cristina Cole Association, Phone Number (312) 466-8100
- Property managed by The Building Group
- Lock-and-Leave Community
- 7-Story Property
Amenities
- Sundeck
- Elevator
- Community Storage Space
Pet Policy
- Dogs and Cats Allowed
Security
- Resident Manager or Management On Site
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 9, 2025
Closed on
Aug 13, 2025
Sold by
Gertz Barbara E
Bought by
Barry D Moskowitz Revocable Trust
Seller's Agent
Julie Busby
Compass
Buyer's Agent
Richard Cohn
Richard Cohn Real Estate
List Price
$535,000
Sold Price
$517,500
Premium/Discount to List
-$17,500
-3.27%
Views
29
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
$1,917
Avg. Annual Appreciation
1.24%
Purchase Details
Closed on
Jun 9, 2003
Sold by
Tishler Darren S and Tishler Stephanie
Bought by
Gertz Barbara E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,800
Interest Rate
4%
Mortgage Type
Unknown
Purchase Details
Closed on
Sep 21, 2001
Sold by
Winans David and Winans Elizabeth
Bought by
Tishler Darren S and Tishler Stephanie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Interest Rate
7.06%
Purchase Details
Closed on
Aug 4, 1998
Sold by
Keller J Samuel
Bought by
Winans David and Winans Elizabeth
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,200
Interest Rate
7.07%
Purchase Details
Closed on
Nov 17, 1995
Sold by
Lab Lofts Llc
Bought by
Keller J Samuel and Winans David
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,000
Interest Rate
8%
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 | $517,500 | Chicago Title | |
| Warranty Deed | $376,000 | -- | |
| Warranty Deed | $365,000 | -- | |
| Quit Claim Deed | -- | Chicago Title Insurance Co | |
| Warranty Deed | $173,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $300,800 | Unknown | |
| Previous Owner | $292,000 | No Value Available | |
| Previous Owner | $176,200 | No Value Available | |
| Previous Owner | $159,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/18/2025 08/18/25 | Sold | $517,500 | -3.3% | $396 / Sq Ft |
| 07/28/2025 07/28/25 | Pending | -- | -- | -- |
| 07/09/2025 07/09/25 | For Sale | $535,000 | -- | $409 / 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 | $7,846 | $43,455 | $2,962 | $40,493 |
| 2023 | $7,622 | $39,470 | $2,391 | $37,079 |
| 2022 | $7,622 | $39,470 | $2,391 | $37,079 |
| 2021 | $7,466 | $39,469 | $2,390 | $37,079 |
| 2020 | $7,448 | $35,657 | $1,070 | $34,587 |
| 2019 | $7,322 | $38,860 | $1,070 | $37,790 |
| 2018 | $7,198 | $38,860 | $1,070 | $37,790 |
| 2017 | $6,299 | $31,798 | $955 | $30,843 |
| 2016 | $6,051 | $31,798 | $955 | $30,843 |
| 2015 | $5,524 | $31,798 | $955 | $30,843 |
| 2014 | $5,254 | $29,908 | $778 | $29,130 |
| 2013 | $5,143 | $29,908 | $778 | $29,130 |
Source: Public Records
Agents Affiliated with this Home
-
Julie Busby
-
Katherine Meyers
Seller Co-Listing Agent in 2025
Katherine Meyers
Compass
(847) 687-0508
2 in this area
33 Total Sales
-
Richard Cohn
R
Buyer's Agent in 2025
Richard Cohn
Richard Cohn Real Estate
(312) 726-2325
2 in this area
7 Total Sales
About Tower Lofts
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12405565
APN: 14-19-426-042-1042
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