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Off market
  • $720,500

    1601 W School St APT 506, Chicago, IL 60657

    2beds
    2baths
    1,600sqft
    Condo
    Built in 1915
    -- sqft lot
    $720,500 Zestimate®
    $450/sqft
    $3,755 Estimated rent

    Home value

    $720,500

    $677,000 - $764,000

    $3,755/mo

    Zestimate® history
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    $5,600/mo

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    What's special

    Ideally located by Southport Corridor, this exceptional soft loft offers approximately 1,600 sqft of living space with dramatic 14 ft ceilings, oversized south-facing windows with skyline views, a private balcony, and attached, heated garage parking (sold separately). The living/dining room includes a fireplace with concrete surround, a wood beam ceiling, hardwood floors, and exposed brick walls. Amenities of the open kitchen include stainless appliances and an island with breakfast bar seating. Also bathed in south light, the primary bedroom includes a beautiful new en suite bath with dual vanity and walk-in shower. The second bedroom is fully enclosed with stylish transom windows, and the second bath has also been updated. Other features include new designer lighting and ceiling fans, and a new full-size, front-loading w/d. Heated garage parking is available for $29k. Tower Lofts is a professionally managed, pet-friendly condominium with a secure lobby with key fob access, passenger elevators, a common roof deck, and onsite storage. Whole Foods, Target, X-Sport Fitness, the Paulina Brown Line station, and an amazing array of neighborhood restaurants are close by. 2021-04-19

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    Heating
    • Forced air, Gas
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Refrigerator
    Features
    • Flooring: Carpet, Hardwood
    Interior area
    • Total interior livable area: 1,600 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Garage - Attached
    Features
    • Exterior features: Brick
    Lot
    • Size: 0.34 Acres
    Details
    • Parcel number: 14194260421044

    Construction

    Type & style
    • Home type: Condo
    Condition
    • Year built: 1915

    Utilities & green energy

    • Sewer: Sewer-Public

    Community & neighborhood

    Location
    • Region: Chicago

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $533 monthly

    Other

    Other facts
    • Addtl Room 3 Level: Not Applicable
    • Addtl Room 4 Level: Not Applicable
    • Addtl Room 5 Level: Not Applicable
    • 3rd Bedroom Level: Not Applicable
    • 4th Bedroom Level: Not Applicable
    • Built Before 1978 (Y/N): Yes
    • Electricity: Circuit Breakers
    • Family Room Level: Not Applicable
    • Sewer: Sewer-Public
    • Water: Public, Lake Michigan
    • Listing Type: Exclusive Right To Sell
    • Assessment Includes: Common Insurance, Water, Scavenger, Parking, Exercise Facilities, Internet Access
    • Management: Manager Off-site
    • Pet Information: Cats OK, Dogs OK
    • Parking Type: Garage
    • Pets Allowed (Y/N): Yes
    • Addtl Room 1 Level: Main Level
    • Addtl Room 1 Name: Foyer
    • 2nd Bedroom Level: Main Level
    • Kitchen Type: Eating Area-Breakfast Bar, Island
    • Kitchen Level: Main Level
    • Living Room Level: Main Level
    • Master Bedroom Level: Main Level
    • Common Area Amenities: Storage, Exercise Room, Bike Room/Bike Trails, Health Club
    • Sale Terms: Conventional
    • Exposure: S (South), City
    • Addtl Room 2 Level: Main Level
    • Addtl Room 2 Name: Balcony
    • Age: 100+ Years
    • Addtl Room 6 Level: Not Applicable
    • Frequency: Monthly
    • Status: Pending
    • Square Feet Source: Not Reported
    • Master Bedroom Bath (Y/N): Full
    • Garage On-Site: Yes
    • Additional Rooms: Balcony
    • Interior Property Features: Laundry Hook-Up in Unit, 1st Floor Laundry, Storage
    • Disability Access/Equipment Details: No Interior Steps
    • Exterior Property Features: Balcony
    • Is Parking Included in Price: Yes
    • Type of House: High Rise (7+ Stories)
    • Lot Dimensions: COMMON
    • Additional Rooms: Foyer
    • Garage Ownership: Owned
    • Laundry Level: Not Applicable

    Price history

    DateEventPrice
    4/26/2021Sold$559,000+3.7%$349/sqft
    Source: MRED as distributed by MLS GRID #11017945 Report a problem
    3/17/2021Pending sale$539,000$337/sqft
    Source: Engel & Volkers #11017945 Report a problem
    3/11/2021Listed for sale$539,000-2%$337/sqft
    Source: Engel & Volkers #11017945 Report a problem
    5/1/2018Sold$550,000$344/sqft
    Source: MRED as distributed by MLS GRID #09929004 Report a problem
    4/26/2018Pending sale$550,000$344/sqft
    Source: @properties #09929004 Report a problem
    4/26/2018Listed for sale$550,000+10.2%$344/sqft
    Source: @properties #09929004 Report a problem
    3/29/2018Listing removed$3,400$2/sqft
    Source: @properties #09878832 Report a problem
    3/9/2018Listed for rent$3,400$2/sqft
    Source: @properties #09878832 Report a problem
    6/8/2017Listing removed$499,000$312/sqft
    Source: Urban Living Properties LLC #09616051 Report a problem
    5/8/2017Pending sale$499,000$312/sqft
    Source: Urban Living Properties LLC #09616051 Report a problem
    5/4/2017Listed for sale$499,000+17.4%$312/sqft
    Source: Urban Living Properties LLC #09616051 Report a problem
    5/30/2006Sold$425,000+9%$266/sqft
    Source: Public Record Report a problem
    3/4/2003Sold$390,000+41%$244/sqft
    Source: Public Record Report a problem
    11/10/1998Sold$276,500+45.5%$173/sqft
    Source: Public Record Report a problem
    11/20/1995Sold$190,000$119/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024-- $48,470 +8.6%
    2023$8,964 +2.9%$44,619
    2022$8,711 -5.5%$44,619
    2021$9,218 +1.3%$44,619 +12.2%
    2020$9,099 +1.6%$39,771 -8.2%
    2019$8,957 +1.7%$43,343
    2018$8,806 +23.8%$43,343 +22.2%
    2017$7,112 +4.5%$35,467
    2016$6,809 +9.5%$35,467
    2015$6,218 +5.1%$35,467 +6.3%
    2014$5,918 +2.1%$33,359
    2013$5,793 -2.7%$33,359 -3.1%
    2012$5,955 +0.8%$34,434 -7.1%
    2011$5,906 -0.3%$37,070
    2010$5,925 -1.2%$37,070 -5.3%
    2009$5,994 +7.6%$39,162 -0.8%
    2008$5,569 +0.8%$39,469
    2007$5,524 +18.2%$39,469
    2006$4,674 -25%$39,469 +6.4%
    2005$6,236 +1.2%$37,080
    2004$6,161 +2.4%$37,080
    2003$6,015 +26.6%$37,080 +31.1%
    2002$4,753 -2.9%$28,276
    2001$4,896 +49.8%$28,276
    2000$3,268 -0.3%$28,276 +48.7%
    1999$3,278 $19,011

    Find assessor info on the county website

    Neighborhood: Lake View

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Burley Elementary School
    • Middle: BURLEY ELEMENTARY SCHOOL

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $720,500
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $720,500