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Dearborn Tower

Dearborn Tower

Dearborn Tower
Condominium Building
The Costar Building Rating

A rating for the building relative to other buildings of the same type throughout the country. Learn more

1530 S State St
Chicago, IL 60605-2964
317 Units
18 Stories
2001 Year Built
$86K - $1.3M Value Range

Available Units

For Sale
For Rent

Highlights

  • Doorman
  • Fitness Center
  • Elevator
  • Open Floorplan
  • Game Room
  • 3 min walk to Coliseum Park

Modern High-Rise Living in the Heart of Chicago's South Loop

Dearborn Tower stands as an 18-story residential building completed in 2001. Located at 1530 S State Street, this modern high-rise features 317 condo units. The building's straightforward, functional design with a mix of glass and concrete facade offers a contemporary urban living experience in the vibrant South Loop neighborhood.

Diverse Layouts with Stunning Views and Modern Finishes

Dearborn Tower offers a variety of floor plans ranging from 1 to 4-bedroom layouts. The smallest units, starting at 700 square feet, feature 1 bedroom, with prices beginning around $300,000. These units often include hardwood floors, stainless steel appliances, and private balconies with city views. The 2-bedroom units, ranging from 1,100 to 2,400 square feet, are priced between $340,000 and $545,000. These units typically feature open-concept living spaces, floor-to-ceiling windows, and modern kitchens with granite countertops and high-end appliances. Many also include spacious primary suites with walk-in closets and luxurious en-suite bathrooms. For those seeking more space, the 3-bedroom units offer 1,589 to 3,150 square feet of living area, with prices around $610,000. These units often boast expansive living rooms with 20'+ ceilings, large balconies, and additional features such as custom closets and upgraded bathrooms with double vanities and soaking tubs. The largest units in Dearborn Tower are the 4-bedroom layouts, which range from 2,100 to 6,000 square feet and are priced around $2,500,000. These luxurious residences include unique features such as custom-cut leather floors, COR-TEN steel walls, and oversized private roof decks. The penthouse units, in particular, offer unparalleled sophistication with 15-foot ceilings, expansive floor-to-ceiling windows, and breathtaking views of the Chicago skyline. Monthly HOA fees range from $600 to $3,800, covering heat, water, gas, insurance, security, doorman services, TV/cable, exercise facilities, exterior maintenance, scavenger, and snow removal.

Comprehensive Amenities and Services for Modern Living

Dearborn Tower provides a wide range of amenities designed to enhance the living experience of its residents. Unique features include a private landscaped circle driveway, custom-cut leather floors, COR-TEN steel walls, radiant heating along the windows, and an EIGHTY FOOT LONG ROOM. The building also boasts an oversized private roof deck and a dog-run for pet owners. Residents can enjoy dining at the on-site Tapas Valencia Restaurant, which offers creative Spanish tapas dishes and discounts for residents. The building's newly renovated gym, large terrace, and fitness center provide ample opportunities for exercise and relaxation. Additional amenities include a community room lounge with a kitchen, a sun deck, a meeting room, and a party deck. Security and convenience are prioritized with 24-hour doorman service, on-site management, and on-site dry cleaning services. The building also features a business center, storage rooms, locker storage, bicycle rooms, a freight elevator, and a recycling center.

Vibrant Urban Living with Green Spaces and Cultural Attractions

Dearborn Tower is situated in the Dearborn Park neighborhood, adjacent to Chicago’s South Loop. This primarily residential area is known for its well-maintained sidewalks, tree-lined urban streets, and numerous neighborhood parks, providing a pleasant amount of green space in a downtown setting. Nearby parks include Cotton Tail Park, which offers a playground, walking trail, and picnic area, and Coliseum Park, featuring a dog park and playgrounds. For cultural and educational outings, residents can visit the nearby Museum Campus, home to the Field Museum, Shedd Aquarium, and Adler Planetarium. Shopping and dining options abound in the area. Residents can start their day at Yolk, a local brunch spot, or enjoy a meal at Tapas Valencia Restaurant. For grocery shopping, Mariano's and Trader Joe's are within walking distance. The Roosevelt Collection Shops, a modern open-air mall, offers popular chain retailers, a movie theater, and a park with a playground. The neighborhood is also home to several schools, including South Loop Elementary School and Wendell Phillips Academy High School, providing educational opportunities for families.

Excellent Transit Options for Easy Commuting

Dearborn Tower is well-connected to public transportation, making commuting and exploring the city convenient. The building is within walking distance of several bus stops, including State & 16th Street and Clark & 15th Street, served by the Archer, State, and Wentworth transit lines. The Roosevelt Station, serving the Green, Orange, and Red Lines of the "L," is about a 10-minute walk from the building. Additionally, the 18th Street Station on the Metra Electric Line and the Museum Campus/11th St Station on the South Shore Line are nearby, providing further transit options. For those traveling by car, the building offers on-site heated garage parking. Major highways, including I-290, I-55, and I-94, are easily accessible, and both Chicago Midway International Airport and Chicago O'Hare International Airport are within a short driving distance. With a high Walk Score, Transit Score, and Bike Score, Dearborn Tower offers residents the convenience of urban living with excellent access to public transportation and major roadways.

Available Condos

Building Details

Recreation

  • Fitness Center
  • Bike Trail

Outdoor Features

  • Sundeck
  • Common Area

Amenities

  • Doorman
  • Restaurant
  • Game Room
  • Business Center
  • Party Room
  • Package Room
  • Bike Room
  • Community Storage Space
  • Security Service
  • Resident Manager or Management On Site
  • Controlled Access

Parking

  • 1 - 5 Garage Spaces Per Unit
  • 5 Car Attached Garage
  • Uncovered Parking
  • On-Site Parking
  • Assigned Parking
  • Valet Parking

Pet Policy

  • Pets up to 75 lbs
  • Limit on the number of pets
  • Pet Deposit Required
  • Dogs and Cats Allowed

Condo Association

  • $4,041 Monthly HOA Fees
  • Monthly HOA Fees Range from $625 - $4,041
  • Association fees include heat, air conditioning, water, gas, parking, insurance, security, doorman, tv/cable, exercise facilities, exterior maintenance, lawn care, scavenger, snow removal, internet
  • Andrew Fung Association, Phone Number (312) 949-9197
  • Dearborn Tower Subdivision
  • Property managed by FS Residential

Building Design

  • Elevator
  • Fire Sprinkler System
  • High-Rise Condominium

Unit Features

  • Open Floorplan
  • Laundry Room
  • Washer and Dryer Hookup
  • Balcony

Unit Information

Beds
2 Beds
3 Beds
4 Beds
2 Beds
1 Bed
2 Beds
Baths
2 Baths
3 Baths
5 Baths
2 Baths
1 Bath
2 Baths
Sq Ft
1,500
2,107
6,000
1,700
1,148
--
Price
$494,900
$769,000
$2,100,000
$475,000
$385,000
$399,900
Price / Sq Ft
$330 / Sq Ft
$365 / Sq Ft
$350 / Sq Ft
$279 / Sq Ft
$335 / Sq Ft
--
List Date
04/04/2025
04/02/2025
04/23/2025
03/15/2025
03/12/2025
04/17/2025

Unit Size and Value Ranges

Studio Units
Sq Ft Range
None Available
Est. Values
$85,747 - $1,271,840
1 Bedroom Units
Sq Ft Range
876 - 1,218
Est. Values
$223,813 - $481,454
2 Bedroom Units
Sq Ft Range
1,100 - 1,800
Est. Values
$183,128 - $1,209,407
3 Bedroom Units
Sq Ft Range
2,000 - 2,900
Est. Values
$195,229 - $856,328
4 Bedroom Units
Sq Ft Range
2,736 - 6,000
Est. Values
$267,108 - $1,209,407
All Units
Sq Ft Range
876 - 6,000
Est. Values
$85,747 - $1,271,840

Map

Area Factors

High Crime

Crime Score®

7 / 10

Biker's Paradise

Bike Score®

92 / 100

Very Walkable

Walk Score®

89 / 100

Excellent Transit

Transit Score®

83 / 100
Sources: WhatIsMyCrimeRisk.com, Walk Score
Sources: WhatIsMyCrimeRisk.com, Walk Score

WhatIsMyCrimeRisk.com, Powered by CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks. Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

Environmental Factors

Busy

Sound Score®

64 / 100

--

Air Pollution®

N/A / 10

--

Flood Factor®

N/A / 10

--

Fire Factor®

N/A / 10

--

Heat Factor®

N/A / 10

--

Wind Factor®

N/A / 10
Source: First Street, How Loud
Sources: First Street, How Loud

Sound Score® measures the noise level of any address. Environmental risk data is provided by First Street Foundation® and is designed to approximate risk and not intended to include all possible scenarios.

Parks in this Area

Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology
Disclaimer: Please note that this building may not be in these schools' attendance zones.

Agents Active in this Building

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Property Taxes

Range in Assessed Values
$1.6K - $308K
Range of Taxes in Building
$1 - $79,972
Range of Taxes per Sq Ft
$0.09 - $105.64

Property Tax History

Source: Public Records

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Building Team

Property Management
Dearborn Tower Condo Assn
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 and should be independently verified.