Seller's Agent in 2025
Stephanie LoVerde
Baird Warner
(847) 903-8589
8 in this area
268 Total Sales
Tower Lofts 1601 W School St Unit 602 Chicago, IL 60657
Southport Corridor Neighborhood
2
Beds
2
Baths
--
Sq Ft
$754/mo
HOA Fee
Highlights
- Fitness Center
- 2-minute walk to Paulina Station
- End Unit
- Hamilton Elementary School Rated A-
- Wood Flooring
- Elevator
About This Home
As of April 2025Experience *effortless* living at its finest in the stunning and iconic Premium Tower Lofts! This northeast corner unit offers breathtaking skyline views from EVERY turn. Both bedrooms have windows and fully-enclosed spaces, making this home the most ideal loft currently on the market in this part of town. Enjoy soaring 16' beam ceilings, exposed brick, and a marble gas fireplace in the living area. The kitchen boasts new appliances, including a LG gas 5-burner with a center griddle. Primary suite impresses with a walk-in/pass-through closet that meets the ensuite bathroom. Take peek above to consider the extra storage here, too! Step out onto your private oversized balcony, updated with fireproof decking and new Marvin glass balcony door with transom window. Tower Lofts is a professionally managed, pet-friendly building offering key fob-secured access plus a common roofdeck. One additional storage unit (on the same floor) and one indoor heated deeded parking spot completes this exceptional home in a prime A+ location! Don't miss Whole Foods, Target, X-Sport Fitness, the Paulina brown line station, and so much more... right outside your door.
Last Agent to Sell the Property
Baird & Warner License #475156302 Listed on: 03/27/2025
Last Buyer's Agent
@properties Christie's International Real Estate License #475133144
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $8,015
Year Built
- Built in 1916
HOA Fees
- $754 Monthly HOA Fees
Parking
- 1 Car Garage
- Parking Included in Price
Home Design
- Entry on the 6th floor
- Brick Exterior Construction
Interior Spaces
- Bookcases
- Ceiling Fan
- Gas Log Fireplace
- Entrance Foyer
- Family Room
- Living Room with Fireplace
- Combination Dining and Living Room
- Storage
Kitchen
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Disposal
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Utilities
- Central Air
- Heating System Uses Natural Gas
- Lake Michigan Water
- Cable TV Available
Additional Features
- Balcony
- End Unit
Listing and Financial Details
- Homeowner Tax Exemptions
Community Details
Overview
- Association fees include water, parking, insurance, security, tv/cable, exterior maintenance, scavenger, snow removal, internet
- 79 Units
- Cristina Cole Association, Phone Number (312) 466-8100
- Mid-Rise Condominium
- Tower Lofts Subdivision
- Property managed by The Building Group
- 7-Story Property
Amenities
- Elevator
- Community Storage Space
Recreation
- Fitness Center
Pet Policy
- Dogs and Cats Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 11, 2024
Sold by
Reed Diane
Bought by
Reed Diane and Diane Davidson Reed Revocable Trust
Current Estimated Value
Purchase Details
Closed on
Jul 10, 2007
Sold by
Chow Bettina A and Chow James C
Bought by
Reed Diane
Purchase Details
Closed on
Sep 16, 2002
Sold by
Pawlak Joseph M
Bought by
Chow James C and Popp Bettina A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
5.25%
Mortgage Type
Unknown
Purchase Details
Closed on
Jun 9, 1999
Sold by
Behm Marvin
Bought by
Pawlak Joseph M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
7.15%
Mortgage Type
Balloon
Purchase Details
Closed on
May 26, 1998
Sold by
Cozzi Anthony J and Cozzi Elizabeth M
Bought by
Behm Marvin
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
5.87%
Purchase Details
Closed on
Nov 6, 1995
Sold by
Lab Lofts L L C
Bought by
Pawlak Joseph M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,200
Interest Rate
7.87%
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 |
|---|---|---|---|
| Deed | -- | None Listed On Document | |
| Warranty Deed | $424,000 | Multiple | |
| Warranty Deed | $340,000 | -- | |
| Warranty Deed | $282,000 | Prairie Title | |
| Warranty Deed | $250,000 | -- | |
| Warranty Deed | $129,000 | -- | |
| Warranty Deed | $184,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $155,000 | Unknown | |
| Previous Owner | $212,000 | Balloon | |
| Previous Owner | $200,000 | No Value Available | |
| Previous Owner | $147,200 | No Value Available | |
| Previous Owner | $118,350 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/28/2025 04/28/25 | Sold | $560,000 | -2.6% | -- |
| 04/05/2025 04/05/25 | Pending | -- | -- | -- |
| 03/27/2025 03/27/25 | For Sale | $574,900 | 0.0% | -- |
| 03/25/2025 03/25/25 | Price Changed | $574,900 | -- | -- |
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 | $8,591 | $46,798 | $3,190 | $43,608 |
| 2023 | $8,347 | $42,900 | $2,575 | $40,325 |
| 2022 | $8,347 | $42,900 | $2,575 | $40,325 |
| 2021 | $8,174 | $42,899 | $2,574 | $40,325 |
| 2020 | $8,076 | $38,400 | $1,152 | $37,248 |
| 2019 | $7,940 | $41,848 | $1,152 | $40,696 |
| 2018 | $7,805 | $41,848 | $1,152 | $40,696 |
| 2017 | $6,841 | $34,245 | $1,029 | $33,216 |
| 2016 | $6,556 | $34,245 | $1,029 | $33,216 |
| 2015 | $5,987 | $34,245 | $1,029 | $33,216 |
| 2014 | $5,697 | $32,209 | $838 | $31,371 |
| 2013 | $5,577 | $32,209 | $838 | $31,371 |
Source: Public Records
Agents Affiliated with this Home
-
Stephanie LoVerde
-
Jennifer Teadt-Long
Buyer's Agent in 2025
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: 12223381
APN: 14-19-426-042-1054
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