See Home Value
Chicago 60616 South Loop
1601 South State Street #5A
$391,340*
Condo - Off Market

1601 South State Street #5A

Chicago, IL 60616
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1250 Sqft
$306,000 - $374,000
Reference Base Price*
15.10%
Since Nov 1, 2021
IL-Chicago
Primary Model

About This Property

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.

The manager has listed the unit size as 1250 square feet.
Unit Size
1,250Ft²
Days on Market
-
Land Size
-
Price per sqft
$272
Property Type
Condo
Property Taxes
$6,619
HOA Dues
$479
Year Built
-

Price History

Date / Event Date Event Price
Oct 6, 2021 No longer available -
No longer available
Apr 15, 2021 In contract -
In contract
Feb 8, 2021 Listed $340,000
Listed

Property Highlights

Fireplace
Air Conditioning
Garage


Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
2 Beds
2 Baths
1,200 ft²
$288/ft²
$345,000 May 19, 2023
-
$1,030/mo
House
2 Beds
1 Bath
1,200 ft²
$263/ft²
$315,000 Jun 30, 2023
-
$1,287/mo
House
2 Beds
1 Bath
1,180 ft²
$254/ft²
$299,999 May 5, 2023
-
$1,209/mo
House
2 Beds
2 Baths
1,400 ft²
$250/ft²
$350,000 Jun 26, 2023
-
$1,312/mo
House
2 Beds
2 Baths
1,400 ft²
$282/ft²
$395,000 Jul 11, 2023
-
$1,436/mo
House
2 Beds
1 Bath
1,150 ft²
$277/ft²
$318,000 Mar 15, 2023
-
$883/mo
Townhouse
2 Beds
1.5 Baths
911 ft²
$406/ft²
$369,500 Mar 1, 2023
-
-
House
2 Beds
1 Bath
1,036 ft²
$328/ft²
$340,000 Mar 17, 2023
-
$1,324/mo
House
2 Beds
2 Baths
1,600 ft²
$222/ft²
$355,000 Apr 20, 2023
-
$1,112/mo
House
2 Beds
1 Bath
900 ft²
$321/ft²
$289,000 Jun 8, 2023
-
$978/mo
House
1 Bed
1.5 Baths
1,204 ft²
$278/ft²
$334,999 May 10, 2023
-
$996/mo
House
1 Bed
1.5 Baths
1,000 ft²
$320/ft²
$320,000 May 24, 2023
-
$823/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20230512 Unit 1D
05/12/2023
1D
Loft
-
920 ft²
$275,000
bedrooms
Loft
bathrooms
-
square feet
920 ft²
-
-
-
Benyamin Lalez
Compass
20220915 Unit 4A
09/15/2022
4A
2 Bed
2 Bath
1250 ft²
$360,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1250 ft²
-
-
-
Casey DeClerk
Compass
20230110 Unit 4G
01/10/2023
4G
2 Bed
2 Bath
1200 ft²
$300,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1200 ft²
-
-
-
Robert Yoshimura
Compass
20220421 Unit 3E
04/21/2022
3E
3 Bed
2 Bath
1650 ft²
$435,000
bedrooms
3 Bed
bathrooms
2 Bath
square feet
1650 ft²
-
-
-
Brittani Walker
Redfin Corporation
20220811 Unit 6E
08/11/2022
6E
3 Bed
2 Bath
1650 ft²
$409,900
bedrooms
3 Bed
bathrooms
2 Bath
square feet
1650 ft²
-
-
-
Terrie Whittaker
Redfin Corporation
20220808 Unit 6H
08/08/2022
6H
2 Bed
2 Bath
1200 ft²
$315,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1200 ft²
-
-
-
Bradley Fowler
Century 21 S.G.R., Inc.
20220415 Unit 3B
04/15/2022
3B
2 Bed
2 Bath
1250 ft²
$355,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1250 ft²
-
-
-
John Astorina
Keller Williams ONEChicago
20211028 Unit 6C
10/28/2021
6C
2 Bed
2 Bath
-
$339,000
bedrooms
2 Bed
bathrooms
2 Bath
-
-
-
Cynthia Sodolski
Compass
20210826 Unit 2D
08/26/2021
2D
1 Bed
2 Bath
1045 ft²
$299,900
bedrooms
1 Bed
bathrooms
2 Bath
square feet
1045 ft²
-
-
-
Beth Johnson
Exp Realty
20211228
12/28/2021
Loft
-
1200 ft²
$399,000
bedrooms
Loft
bathrooms
-
square feet
1200 ft²
-
-
-
Beth Johnson
Exp Realty
20210817 Unit 4H
08/17/2021
4H
2 Bed
2 Bath
1250 ft²
$330,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1250 ft²
-
-
-
Bianca Walker
Kale Realty
20210208 Unit 5A
02/08/2021
5A
2 Bed
2 Bath
1250 ft²
$340,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1250 ft²
-
-
-
-
20201021 Unit 2D
10/21/2020
2D
1 Bed
2 Bath
1045 ft²
$275,000
bedrooms
1 Bed
bathrooms
2 Bath
square feet
1045 ft²
-
-
-
-
20200304 Unit 2C
03/04/2020
2C
2 Bed
2 Bath
1140 ft²
$299,900
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1140 ft²
-
-
-
-
20190419 Unit 3A
04/19/2019
3A
2 Bed
2 Bath
-
$324,888
bedrooms
2 Bed
bathrooms
2 Bath
-
-
-
-
20190310 Unit 6D
03/10/2019
6D
3 Bed
2 Bath
1600 ft²
$455,000
bedrooms
3 Bed
bathrooms
2 Bath
square feet
1600 ft²
-
-
-
-
20181130 Unit 5D
11/30/2018
5D
3 Bed
2 Bath
1600 ft²
$450,000
bedrooms
3 Bed
bathrooms
2 Bath
square feet
1600 ft²
-
-
-
-
20181114 Unit 3H
11/14/2018
3H
2 Bed
2 Bath
-
$319,888
bedrooms
2 Bed
bathrooms
2 Bath
-
-
-
-
20180823 Unit R2C
08/23/2018
R2C
2 Bed
2 Bath
1140 ft²
-
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1140 ft²
-
-
-
-

Building Info

1601 South State Street 1601 South State Street, Chicago, IL 60616
More about this Building
1601 South State Street
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