Tower Lofts 1601 W School St Unit 511 Floor 5 Chicago, IL 60657
Southport Corridor NeighborhoodEstimated payment $2,942/month
Highlights
- Very Popular Property
- 2-minute walk to Paulina Station
- Wood Flooring
- Hamilton Elementary School Rated A-
- Rooftop Deck
- Sundeck
About This Home
Location, loft vibes, and city views - this one has it all! In the heart of Lakeview, this spacious 1BD/1BA loft condo has been meticulously maintained. Features include 13' ceilings, hardwood floors, tall windows throughout that fill the space with natural light, and a great-sized balcony. The large fully enclosed bedroom offers two large closets and enough space to fit a small office. In-unit laundry, central HVAC, one-car garage, and storage unit. Unbeatable access to Southport Corridor, Wrigley, shopping, dining, and CTA.
Listing Agent
Leopoldo Gutierrez
Redfin Corporation Brokerage Phone: (312) 836-4263 License #475190720 Listed on: 11/13/2025
Open House Schedule
-
Sunday, November 16, 202512:00 to 2:00 pm11/16/2025 12:00:00 PM +00:0011/16/2025 2:00:00 PM +00:00Add to Calendar
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,200
Year Built
- Built in 1915 | Remodeled in 1994
HOA Fees
- $563 Monthly HOA Fees
Parking
- 1 Car Garage
- Parking Included in Price
Home Design
- Entry on the 5th floor
- Brick Exterior Construction
- Concrete Block And Stucco Construction
Interior Spaces
- 1,300 Sq Ft Home
- Insulated Windows
- Aluminum Window Frames
- Window Screens
- Family Room
- Living Room with Fireplace
- Combination Dining and Living Room
- Home Security System
Kitchen
- Range with Range Hood
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Potential Bedroom
- 1 Full Bathroom
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Balcony
- Rooftop Deck
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
Listing and Financial Details
- Senior Tax Exemptions
- Homeowner Tax Exemptions
- Senior Freeze Tax Exemptions
Community Details
Overview
- Association fees include insurance, exterior maintenance, scavenger, snow removal
- 80 Units
- Cristina Cole Association, Phone Number (312) 466-8100
- Property managed by The Building Group
- 7-Story Property
Amenities
- Sundeck
- Elevator
- Community Storage Space
Recreation
- Bike Trail
Pet Policy
- Dogs and Cats Allowed
Security
- Resident Manager or Management On Site
Map
About Tower Lofts
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 | $4,200 | $39,110 | $2,666 | $36,444 |
| 2023 | $4,221 | $36,040 | $2,152 | $33,888 |
| 2022 | $4,221 | $36,040 | $2,152 | $33,888 |
| 2021 | $4,016 | $36,039 | $2,151 | $33,888 |
| 2020 | $4,143 | $32,092 | $963 | $31,129 |
| 2019 | $4,136 | $34,974 | $963 | $34,011 |
| 2018 | $4,074 | $34,974 | $963 | $34,011 |
| 2017 | $4,366 | $28,618 | $859 | $27,759 |
| 2016 | $4,742 | $28,618 | $859 | $27,759 |
| 2015 | $4,922 | $28,618 | $859 | $27,759 |
| 2014 | $5,173 | $26,917 | $700 | $26,217 |
| 2013 | $5,075 | $26,917 | $700 | $26,217 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/13/2025 11/13/25 | For Sale | $385,000 | +20.3% | $296 / Sq Ft | |
| 10/16/2014 10/16/14 | Sold | $320,000 | -1.5% | $246 / Sq Ft | View Prior Sale |
| 09/10/2014 09/10/14 | Pending | -- | -- | -- | |
| 08/27/2014 08/27/14 | For Sale | $324,900 | -- | $250 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $320,000 | Alliance Title Corporation | |
| Warranty Deed | $338,000 | Git |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $236,600 | Unknown |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12516630
APN: 14-19-426-042-1049
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