Seller's Agent in 2024
Nadine Ferrata
Compass
(312) 915-4713
4 in this area
255 Total Sales
Library Tower Condominiums 520 S State St Unit 1407 Chicago, IL 60605
Printers Row Neighborhood
2
Beds
2
Baths
1,330
Sq Ft
$740/mo
HOA Fee
Highlights
- Doorman
- 2-minute walk to Lasalle Station (Blue Line)
- Business Center
- Fitness Center
- Open Floorplan
- 4-minute walk to Printers Row Park
About This Home
As of December 2024This two bedroom, two bathroom unit with prime South Loop location is the epitome of move in ready with contemporary finishes throughout. The open concept layout is spacious with high ceilings and unique exposed ductwork creating a "soft loft" feel. The living and dining area is filled with natural light from the large windows with hardwood floors throughout, gas fireplace, and a large private balcony with cityscape views. The kitchen features an eat-in island with granite countertops, plenty of cabinet storage, all stainless steel appliances including a newer refrigerator and dishwasher both updated in 2022. Huge primary suite with brand new carpeting, a walk-in-closet and second closet, and an ensuite bathroom with dual sink vanity. Spacious second bedroom also features a walk-in-closet and brand new carpeting. In-unit washer and dryer new in 2022. Freshly painted throughout and brand new doors with contemporary hardware. Attached garage parking space available for 25k. The building features 24-hour door staff, fitness center, onsite property management and maintenance, rooftop sundeck with grills, business center, party room and more. Excellent South Loop location near Grant Park, the Harold Washington Library, Museum Campus, many wonderful shops and restaurants, with convenient access to the Loop, public transit, and expressways.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $8,507
Year Built
- Built in 2008
HOA Fees
- $740 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Parking Included in Price
Home Design
- Brick Exterior Construction
Interior Spaces
- 1,330 Sq Ft Home
- Open Floorplan
- Entrance Foyer
- Family Room
- Living Room with Fireplace
- Dining Room
- Storage
Kitchen
- Range
- Microwave
- Freezer
- Dishwasher
- Stainless Steel Appliances
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
- Dual Sinks
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Lake Michigan Water
Community Details
Overview
- Association fees include water, insurance, doorman, exercise facilities, exterior maintenance, scavenger, internet
- 184 Units
- Michelle Maeder Association, Phone Number (312) 663-1831
- Property managed by Foster Premier
- 18-Story Property
Amenities
- Doorman
- Sundeck
- Business Center
- Party Room
- Elevator
Recreation
- Bike Trail
Pet Policy
- Pets up to 60 lbs
- Limit on the number of pets
- Dogs and Cats Allowed
Security
- Resident Manager or Management On Site
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 24, 2024
Closed on
Nov 21, 2024
Sold by
Scheid Edward and Scheid Susan
Bought by
Wilson Todd A and Wilson Maria S
Seller's Agent
Nadine Ferrata
Compass
Buyer's Agent
Norma Yario
Keller Williams Inspire - Geneva
List Price
$375,000
Sold Price
$385,000
Premium/Discount to List
$10,000
2.67%
Views
607
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
$16,302
Avg. Annual Appreciation
5.83%
Original Mortgage
$365,750
Outstanding Balance
$364,512
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$35,389
Purchase Details
Listed on
May 16, 2014
Closed on
Jul 9, 2014
Sold by
Battistini Janet and Battistini Blair
Bought by
Scheid Edward and Scheid Susan
Seller's Agent
Thomas Feddor
EXIT Strategy Realty
Buyer's Agent
Nadine Ferrata
Compass
List Price
$400,000
Sold Price
$415,000
Premium/Discount to List
$15,000
3.75%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.72%
Purchase Details
Closed on
Dec 1, 2008
Sold by
Library Tower Llc
Bought by
Battistini Joy and Battistini Blair
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,800
Interest Rate
5.44%
Mortgage Type
Unknown
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 | $385,000 | None Listed On Document | |
| Warranty Deed | $385,000 | None Listed On Document | |
| Warranty Deed | $415,000 | Fidelity National Title Ins | |
| Special Warranty Deed | $434,500 | Nat |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $365,750 | New Conventional | |
| Closed | $365,750 | New Conventional | |
| Previous Owner | $146,800 | Unknown | |
| Previous Owner | $144,700 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/02/2024 12/02/24 | Sold | $385,000 | +2.7% | $289 / Sq Ft |
| 11/11/2024 11/11/24 | Pending | -- | -- | -- |
| 10/24/2024 10/24/24 | For Sale | $375,000 | -9.6% | $282 / Sq Ft |
| 07/09/2014 07/09/14 | Sold | $415,000 | +3.8% | $312 / Sq Ft |
| 06/04/2014 06/04/14 | Pending | -- | -- | -- |
| 05/16/2014 05/16/14 | For Sale | $400,000 | -- | $301 / 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 | $8,507 | $40,684 | $2,803 | $37,881 |
| 2023 | $8,293 | $40,320 | $2,260 | $38,060 |
| 2022 | $8,293 | $40,320 | $2,260 | $38,060 |
| 2021 | $8,108 | $40,318 | $2,259 | $38,059 |
| 2020 | $8,208 | $36,847 | $2,047 | $34,800 |
| 2019 | $8,063 | $40,131 | $2,047 | $38,084 |
| 2018 | $7,927 | $40,131 | $2,047 | $38,084 |
| 2017 | $7,472 | $34,708 | $1,694 | $33,014 |
| 2016 | $6,952 | $34,708 | $1,694 | $33,014 |
| 2015 | $6,360 | $34,708 | $1,694 | $33,014 |
| 2014 | $5,152 | $30,334 | $1,772 | $28,562 |
| 2013 | $5,039 | $30,334 | $1,772 | $28,562 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2024
Norma Yario
Keller Williams Inspire - Geneva
(708) 243-6404
1 in this area
84 Total Sales
-
T
Seller's Agent in 2014
Thomas Feddor
EXIT Strategy Realty
-
Seller Co-Listing Agent in 2014
John Zimmers
EXIT Strategy Realty
(773) 617-4734
20 in this area
44 Total Sales
About Library Tower Condominiums
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12196280
APN: 17-16-247-067-1137
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