J
Seller's Agent in 2025
Jacob Sanford
Compass
(312) 319-1168
3 in this area
28 Total Sales
Tower Lofts 1601 W School St Unit 514 Floor 5 Chicago, IL 60657
Southport Corridor Neighborhood
1
Bed
1
Bath
1,100
Sq Ft
$576/ mo
HOA Fee
Highlights
- Wood Flooring
- 2-minute walk to Paulina Station
- Living Room
- Hamilton Elementary School Rated A-
- 1 Car Attached Garage
- Laundry Room
About This Home
As of September 2025Perfectly situated in the heart of Lakeview, this bright and spacious 1 bed, 1 bath unit at Tower Lofts offers modern comfort in city living. Soaring 14-foot ceilings and oversized windows fill the open-concept layout with natural light, while exposed brick, hardwood floors and a gas fireplace add warmth and character. The kitchen features sleek concrete countertops, neutral white cabinets, stainless steel appliances, and a functional layout ideal for both everyday living and entertaining. Additional highlights include a smart thermostat and lighting, fresh white paint throughout, in-unit laundry, storage galore (5 closets) and a jacuzzi tub. Enjoy breathtaking skyline views from the recently updated shared rooftop deck without the hassle of all the maintenance. Additional perks include a large private storage closet (adjacent to the unit), heated garage parking included in price, and a prime location just steps from the Paulina Brown Line stop, multiple bus routes (#152, #X9, #9, #76), Whole Foods, Trader Joe's, and Target.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $6,890
HOA Fees
- $576 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Heated Garage
- Parking Included in Price
Home Design
- Entry on the 5th floor
- Brick Exterior Construction
- Concrete Perimeter Foundation
Interior Spaces
- 1,100 Sq Ft Home
- Gas Log Fireplace
- Entrance Foyer
- Family Room
- Living Room
- Dining Room
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Potential Bedroom
- 1 Full Bathroom
Laundry
- Laundry Room
- Dryer
- Washer
Utilities
- Central Air
- Heating System Uses Natural Gas
- Lake Michigan Water
Community Details
Overview
- Association fees include water, insurance, tv/cable, scavenger
- 78 Units
- Cristina Cole Association, Phone Number (312) 466-8100
- Property managed by The Building Group
- 7-Story Property
Pet Policy
- Dogs and Cats Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 31, 2025
Closed on
Sep 15, 2025
Sold by
Sanchez Luis A
Bought by
Montano Antonio
Seller's Agent
Jacob Sanford
Compass
Buyer's Agent
Ainhoa Garcia Jimenez
Realty of America, LLC
List Price
$340,000
Sold Price
$345,000
Premium/Discount to List
$5,000
1.47%
Views
178
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
$839
Avg. Annual Appreciation
0.48%
Original Mortgage
$276,000
Outstanding Balance
$275,748
Interest Rate
6.45%
Mortgage Type
New Conventional
Estimated Equity
$70,091
Purchase Details
Listed on
Apr 15, 2022
Closed on
May 17, 2022
Sold by
Fahey Patrick L
Bought by
Sanchez Luis A
Seller's Agent
Patrick Shino
Fulton Grace Realty
Buyer's Agent
Jennifer Teadt-Long
@properties Christie's International Real Estate
List Price
$320,000
Sold Price
$320,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.31%
Original Mortgage
$288,000
Interest Rate
5.38%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 22, 2016
Sold by
Stein Kristen M
Bought by
Fahey Patrick
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
3.75%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 1, 2006
Sold by
Pollaci Mark A
Bought by
Stein Kristen M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,600
Interest Rate
5.87%
Mortgage Type
Unknown
Purchase Details
Closed on
Jan 9, 2002
Sold by
Servatus David
Bought by
Pollaci Mark A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.12%
Purchase Details
Closed on
May 30, 1997
Sold by
Warmingham Kelly
Bought by
Servatius David J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,250
Interest Rate
6.75%
Purchase Details
Closed on
Oct 10, 1995
Sold by
Lab Lofts Llc
Bought by
Warmingham Kelly L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,200
Interest Rate
7.41%
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 | $345,000 | Chicago Title | |
| Warranty Deed | $320,000 | Citywide Title | |
| Warranty Deed | $285,000 | North American Title Company | |
| Warranty Deed | $312,000 | Chicago Title Insurance Co | |
| Warranty Deed | $250,000 | -- | |
| Warranty Deed | $159,000 | -- | |
| Warranty Deed | $138,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $276,000 | New Conventional | |
| Previous Owner | $288,000 | New Conventional | |
| Previous Owner | $228,000 | New Conventional | |
| Previous Owner | $249,600 | Unknown | |
| Previous Owner | $200,000 | No Value Available | |
| Previous Owner | $119,250 | No Value Available | |
| Previous Owner | $113,200 | No Value Available | |
| Closed | $23,850 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/18/2025 09/18/25 | Sold | $345,000 | +1.5% | $314 / Sq Ft | |
| 08/04/2025 08/04/25 | Pending | -- | -- | -- | |
| 07/31/2025 07/31/25 | For Sale | $340,000 | +6.3% | $309 / Sq Ft | |
| 06/03/2022 06/03/22 | Sold | $320,000 | 0.0% | $291 / Sq Ft | View Prior Sale |
| 04/16/2022 04/16/22 | Pending | -- | -- | -- | |
| 04/15/2022 04/15/22 | For Sale | $320,000 | -- | $291 / Sq Ft |
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 | $6,890 | $34,430 | $2,347 | $32,083 |
| 2024 | $6,890 | $34,430 | $2,347 | $32,083 |
| 2023 | $5,990 | $31,750 | $1,894 | $29,856 |
| 2022 | $5,990 | $31,750 | $1,894 | $29,856 |
| 2021 | $5,871 | $31,749 | $1,894 | $29,855 |
| 2020 | $5,754 | $28,251 | $847 | $27,404 |
| 2019 | $6,363 | $30,788 | $847 | $29,941 |
| 2018 | $6,256 | $30,788 | $847 | $29,941 |
| 2017 | $5,583 | $25,194 | $757 | $24,437 |
| 2016 | $4,687 | $25,194 | $757 | $24,437 |
| 2015 | $4,273 | $25,194 | $757 | $24,437 |
| 2014 | $4,060 | $23,696 | $616 | $23,080 |
| 2013 | $3,972 | $23,696 | $616 | $23,080 |
Source: Public Records
Agents Affiliated with this Home
-
Jacob Sanford
-
Ainhoa Garcia Jimenez
Buyer's Agent in 2025
Ainhoa Garcia Jimenez
Realty of America, LLC
(312) 806-6110
1 in this area
217 Total Sales
-
Miguel Velazquez
Buyer Co-Listing Agent in 2025
Miguel Velazquez
Realty of America, LLC
(708) 788-1900
1 in this area
14 Total Sales
-
Patrick Shino
Seller's Agent in 2022
Patrick Shino
Fulton Grace
(847) 668-4712
7 in this area
346 Total Sales
-
Jennifer Teadt-Long
Buyer's Agent in 2022
Jennifer Teadt-Long
@ Properties
(312) 961-9811
10 in this area
101 Total Sales
About Tower Lofts
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12429829
APN: 14-19-426-042-1052
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.
Based on information submitted to the MLS GRID. 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.
Based on information submitted to the MLS GRID
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