J
Seller's Agent in 2025
Jacob Sanford
Compass
(312) 319-1168
3 in this area
26 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
- Laundry Room
- Hamilton Elementary School Rated A-
- Living Room
- Entrance Foyer
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 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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.43%
Original Mortgage
$276,000
Outstanding Balance
$275,748
Interest Rate
6.45%
Mortgage Type
New Conventional
Estimated Equity
$68,926
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 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 | $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
223 Total Sales
-
Miguel Velazquez
Buyer Co-Listing Agent in 2025
Miguel Velazquez
Realty of America, LLC
(708) 788-1900
1 in this area
10 Total Sales
-
Patrick Shino
Seller's Agent in 2022
Patrick Shino
Fulton Grace
(847) 668-4712
7 in this area
357 Total Sales
-
Jennifer Teadt-Long
Buyer's Agent in 2022
Jennifer Teadt-Long
@ Properties
(312) 961-9811
10 in this area
105 Total Sales
About Tower Lofts
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12429829
APN: 14-19-426-042-1052
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