1601 South State Street, Unit 5A

Chicago, IL 60616

$370,000
Last Sold Price
2
Beds
2
Baths
1,250 Sq. Ft.
$296 / Sq. Ft.
1,250
Sq. Ft.
$296
per Sq. Ft.

Description

Great Investment Opportunity! Tenant occupied. Beautiful, spacious, well maintained condo leased through August 31, 2021 (see agent remarks for flexibilty in occupancy). Situated in convenient South Loop location. Enjoy modern, high-end finishes in the kitchen - 42" imported Italian cabinets, granite and stainless steel appliances. Living room has gas fireplace, sliding doors and access to balcony. Bathrooms are finished with marble and granite, master bath has separate shower, whirlpool tub with...Great Investment Opportunity! Tenant occupied. Beautiful, spacious, well maintained condo leased through August 31, 2021 (see agent remarks for flexibilty in occupancy). Situated in convenient South Loop location. Enjoy modern, high-end finishes in the kitchen - 42" imported Italian cabinets, granite and stainless steel appliances. Living room has gas fireplace, sliding doors and access to balcony. Bathrooms are finished with marble and granite, master bath has separate shower, whirlpool tub with 5 jetted heads. Spacious closet space in both bedrooms, primary bed has walk-in closet. Unit has its own washer and dryer. Second bedroom is perfect for home office, guest bedroom or nursery (loft space, no window). Hardwood floors throughout. Monthly assessment or rent includes heated garage parking, heat, gas, water, building internet, Direct TV satellite basic service and parking. Additional $35k for heated parking space #14 on ground level (most preferred spot in the bldg.). New construction in 2004. High floor, west facing, with lovely views of State Street, not the L side. Located right across Columbia College. Surrounded by multiple shopping including Mariano's Grocery (a block away), on Roosevelt Rd- including Whole Foods, Trader Joe's, Jewel, restaurants, parks like Museum Park Campus, Soldier Field, Ping Tom Memorial Park Fieldhouse, McCormick Place, Lake Shore Dr, easy access to expressway I-55, I-94, I-290, CTA el stop on Roosevelt/State or Cermak & State, metra on 18th St, Chinatown and East Pilsen. Minutes to University of Chicago Campus and Hospital, the new Obama Presidential Library, Jackson Park. This area continues to attract tons of exciting projects with investments like The 78, and Chicago's Old Post Office. Currently rented for $2450, was rented for $2700 pre-covid. Eligible for FHA spot approval.
  1. Listed by Stephany Oliveros • Compass

Sold By Compass

Property Details for 1601 South State Street, Unit 5A

Area
CHI - Near South Side
Township
South Chicago
Ownership
Condo
Num Of Garage Spaces
1.0
Num Of Cars
1.0
Parking Included in Price
No
Num of Interior Fireplaces
1
Heat/Fuel
Natural Gas

Location

Add your commute
LISTING UPDATED: 06/21/2021 09:10 PM

Property Details for 1601 South State Street, Unit 5A

StatusClosed
MLS #10990086
Days on Market133
Taxes$6,619 / year
HOA Fees$479 / month
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeAttached Single / Condo
Year Built2004
CountyCook County

Building

1601 S State St

47 Units7 StoriesBuilt in 2004

Location

Add your commute

Building Information for 1601 South State Street, Unit 5A

Building/Complex1601 S State StFloor-Stories7Residences47Pet PolicyAllowedYear Built2004

Payment Calculator

$3,050 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,019

Property Taxes

$552

HOA Dues

$479

The Payment Calculator is for illustrative purposes only.

Property Information for 1601 South State Street, Unit 5A

General Information
School Information
  • Elementary School District: 299
  • High School District: 299
  • Middle Or Junior School District: 299
Addtl Parking Information
  • Garage Details: Garage Door Opener(s), Heated
  • Garage On Site: true
  • Garage Ownership: Deeded Sold Separately
  • Garage Type: Attached
  • Deeded Garage Cost: $35,000.00
  • Parking: Garage
Pet Information
  • Max Pet Weight: 999.0
  • Pet Information: Cats OK, Dogs OK
Taxes and HOA Information
  • Association Fee Frequency: Monthly
  • Additional Parcels: Yes
Property Information
Interior Features
  • Interior Property Features: Elevator, Hardwood Floors, Laundry Hook-Up in Unit, Storage, Built-in Features, Walk-In Closet(s)
  • Common Area Amenities: Elevator, Security Door Locks, Valet/Cleaner
  • Num Of Rooms: 5
  • Bedrooms (Below Grade): 0
  • Unit Floor Level: 5
  • Bath Amenities: Separate Shower,Double Sink,European Shower,Full Body Spray Shower,Soaking Tub
  • Fireplace Features: Gas Log, Gas Starter
  • Basement Type: None
  • Bedrooms Possible: 2
  • Air Conditioning: Central Air
  • Electric: 150 Amp Service
  • Basement Description: None
  • Basement Bathrooms: No
  • Fireplace Location: Living Room
  • Room Type: Walk In Closet, Terrace
  • Num of Baths: 2.0
Exterior Features
  • Type: Condo,Mid Rise (4-6 Stories)
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Lake Michigan
  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, All Stainless Steel Kitchen Appliances
  • Other Equipment: Humidifier, TV-Cable, Intercom, Ceiling Fan(s)
Property/Lot Information
  • Exterior Property Features: Balcony, Storms/Screens, End Unit, Cable Access
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: No
  • Built Before 1978: No
  • Age: 16-20 Years
  • Type Attached: Condo, Mid Rise (4-6 Stories)
  • Total Sq Ft: 0
  • Aprox Total Finished Sq Ft: 0
  • Total Finished and Unfin Sq Ft: 0
  • Lot Dimensions: COMMON
  • Stories Total: 1
  • Total # Units in Building: 43.0
  • Waterfront: No
  • Disability Access and/or Equipped: No
  • Driveway: Concrete
  • Exterior Building Type: Block, Stone, Concrete
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • North Coordinate: 0
  • South Coordinate: 1601
  • East Coordinate: 1
  • West Coordinate: 0
  • Living Area Source: Estimated
Property and Assessments
  • Buyer Financing: Conventional, FHA
  • Public Document Count: 0
  • Photos Count: 29
  • Rural: N
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Green Features
  • Green Energy Efficient: Low flow fixtures
Room Information
Master Bedroom Information
  • Master Bedroom Level: Main
  • Room Type: Master Bedroom
  • Master Bedroom Bath: Full
  • Master Bedroom Flooring: Hardwood
  • Master Bedroom Dimensions: 16X11
Bedroom #2 Information
  • 2nd Bedroom Level: Main
  • Room Type: Bedroom 2
  • 2nd Bedroom Flooring: Hardwood
  • Bedroom #2 Room Dimensions: 11X11
Dining Room Information
  • Dining Room Level: Main
  • RoomType_DR: Dining Room
  • Dining Room Flooring: Hardwood
  • Dining Room Dimensions: COMBO
Kitchen Information
  • Kitchen Level: Main
  • RoomType_KT: Kitchen
  • Kitchen Type: Island
  • Kitchen Flooring: Hardwood
  • Kitchen Dimensions: 10X10
Laundry Information
  • Laundry Level: Main
  • Room Type: Laundry
  • Laundry Flooring: Hardwood
  • Laundry Dimensions: 4X4
Living Room Information
  • Living Room Level: Main
  • Room Type: Living Room
  • Living Room Flooring: Hardwood
  • Living Room Dimensions: 23X13
Additional Room #1 Information
  • Addtl Room 1 Flooring: Hardwood
Additional Room #2 Information
  • Addtl Room 2 Flooring: Slate
Terrace Information
  • Room Level: Main
  • Room Type: Terrace
  • Terrace Dimensions: 5X11
Walk In Closet 1 Information
  • Room Level: Main
  • Room Type: Walk In Closet
  • Deck Dimensions: 7X4

Property History for 1601 South State Street, Unit 5A

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1601 South State Street, Unit 5A

Taxable ValueLand-Additions-Total-
Home Facts
CountyCOOKAPN17-22-300-001

Schools near 1601 South State Street, Unit 5A

This home is within City Of Chicago School District 299.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Charter - 6 to 12
Charter - 6 to 12
Rating
School
Distance
South Loop Elementary School
PublicPK to 8

Phillips Academy High School
Public9 to 12

Perspectives Charter High School
Charter6 to 12

Perspectives Chtr - Joslin Campus
Charter6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.