Tower Lofts 1601 W School St Unit 602 Chicago, IL 60657
Southport Corridor NeighborhoodEstimated payment $4,624/month
Total Views
3,548
2
Beds
2
Baths
--
Sq Ft
--
Price per Sq Ft
Highlights
- Fitness Center
- 2-minute walk to Paulina Station
- Elevator
- Hamilton Elementary School Rated A-
- Wood Flooring
- Stainless Steel Appliances
About This Home
Experience *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.
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
- 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
Outdoor Features
- Balcony
Utilities
- Central Air
- Heating System Uses Natural Gas
- Lake Michigan Water
- Cable TV Available
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
Map
About Tower Lofts
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Home Values in the Area
Average Home Value in this Area
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 | $8,347 | $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
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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)
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| 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
Similar Homes in Chicago, IL
Source: Midwest Real Estate Data (MRED)
MLS Number: 12223381
APN: 14-19-426-042-1054
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