OFF MARKET

Off Market Jun 2021 for $370K

$407,679

•

1,250

sq ft

1601 S State St Unit 5A, Chicago, IL 60616

About this home

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.

CondoProperty Type

2004Year Built

$326Est. Price/Sq.Ft.

1 car garageParking

Listed by Stephany Oliveros • Compass

Bought with Nadine Ferrata • Compass

Redfin checked: 3 minutes ago

•Source:MRED as Distributed by MLS Grid #10990086

Redfin Estimate

$407,679

$38K since sold in June 2021$3,000 since July

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 8.3% higher than the average sale price ($376K) of 6 comparable homes.

SOLD JUL 2, 2026
$437,500
A
2 beds2 baths1,258 sq ft
1530 S State St Unit 15R, Chicago, IL 60605
SOLD AUG 7, 2026
$360,000
B
2 beds2 baths1,100 sq ft
1529 S State St Unit 10B, Chicago, IL 60605
SOLD JUN 26, 2026
$435,000
C
2 beds2 baths1,370 sq ft
1530 S State St #421, Chicago, IL 60605
SOLD MAY 31, 2013
$258,500
D
2 beds2 baths— sq ft
1529 S State St Unit 6B, Chicago, IL 60605
BOUGHT WITH REDFIN APR 3, 2026
$365,000
E
2 beds2 baths1,150 sq ft
51 W 15th St Unit E1, Chicago, IL 60605
SOLD JUL 16, 2026
$402,500
F
2 beds2 baths1,267 sq ft
1600 S Indiana Ave #803, Chicago, IL 60616

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Earn from this home

Sell

$121,222

Est. take-home

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Rent

$2,326/mo

Redfin rental estimate

List your home for rent

Market trends in Near South Side, IL

Last updated July 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

102.8%

+0.5% MoM

Median sale price

$410K

$5K MoM

Avg. days on market

52d

0 days MoM

Recently sold homes

187

8 MoM

New listings for sale

EARLY ACCESS
$425,000
2 beds2 baths1,894 sq ft
50 E 26th St #421, Chicago, IL 60616
$249,000
1 bed1.5 baths1,073 sq ft
1727 S Indiana Ave #110, Chicago, IL 60616
EARLY ACCESS
$480,000
2 beds2 baths1,528 sq ft
2545 S Dearborn St #525, Chicago, IL 60616
3D WALKTHROUGH
$399,900
4 beds2.5 baths2,330 sq ft
2731 S Michigan Ave, Chicago, IL 60616
3D WALKTHROUGH
$699,000
3 beds2.5 baths2,000 sq ft
1707 S Jefferson St #2, Chicago, IL 60616
$369,900
2 beds2 baths1,000 sq ft
1845 S Michigan Ave #806, Chicago, IL 60616
$250,000
1 bed1.5 baths— sq ft
1919 S Michigan Ave #200, Chicago, IL 60616
3D WALKTHROUGH
$260,000
1 bed1 bath788 sq ft
212 E Cullerton St #409, Chicago, IL 60616
$130,000
1 bed1 bath750 sq ft
3001 S Michigan Ave #1303, Chicago, IL 60616
EARLY ACCESS
$650,000
3 beds2 baths1,605 sq ft
1901 S Calumet Ave #601, Chicago, IL 60616
See all

Provided by Redfin

Sale history for 1601 S State St Unit 5A

Year

Property tax

Land + Additions

Assessment*

2016

$4,837 (+9.3%)

$2,535 + $21,617

$24,152

2015

$4,425 (+20.6%)

$2,535 + $21,617

$24,152

2014

$3,668 (+2.0%)

$2,268 + $17,504

$19,772

2013

$3,596 (+1.4%)

$2,268 + $17,504

$19,772

2012

$3,548 (−23.1%)

$2,268 + $17,504

$19,772

2011

$4,614 (−0.4%)

$2,668 + $25,807

$28,475

2010

$4,634 (+4.4%)

$2,668 + $25,807

$28,475

2009

$4,440 (+1.4%)

$2,668 + $25,807

$28,475

2008

$4,379 (+1.0%)

$1,067 + $29,458

$30,525

2007

$4,335

$1,067 + $29,458

$30,525

Tax history for 1601 S State St Unit 5A

Year

Property tax

Land + Additions

Assessment*

2016

$4,837 (+9.3%)

$2,535 + $21,617

$24,152

2015

$4,425 (+20.6%)

$2,535 + $21,617

$24,152

2014

$3,668 (+2.0%)

$2,268 + $17,504

$19,772

2013

$3,596 (+1.4%)

$2,268 + $17,504

$19,772

2012

$3,548 (−23.1%)

$2,268 + $17,504

$19,772

2011

$4,614 (−0.4%)

$2,668 + $25,807

$28,475

2010

$4,634 (+4.4%)

$2,668 + $25,807

$28,475

2009

$4,440 (+1.4%)

$2,668 + $25,807

$28,475

2008

$4,379 (+1.0%)

$1,067 + $29,458

$30,525

2007

$4,335

$1,067 + $29,458

$30,525

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

—

Year renovated

—

Sq. Ft.

—

Year built

—

Style

Condo/Co-op

County

Cook County

APN

17223000771096

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jan 26, 2023.

DX-7

Downtown Mixed-Use District

The DX Downtown Mixed-Use district is primarily intended to accommodate office, commercial, public, institutional and residential development.; The district promotes vertical mixed-use (residential/nonresidential) projects that contain active ground-floor uses.; The DX district can be combined with the dash 7 bulk and density designations (see Sec. 17-4-0401).

Permitted uses

Include but are not limited to:

General retail
Restaurant
Hospital / medical center
Housing-Senior
Housing-Other
Manufacturing
Warehouse
Hotel / motel
Mixed use
Office

Property details

Parking

Parking Information
# of Cars: 1
# of Garage Spaces: 1
Garage Parking
Garage Door Opener(s), Heated Garage
Attached Garage
Garage On-Site
Deeded Garage Sold Separately
Concrete Driveway
Deeded Garage Cost: $35,000

Interior

Bedroom Information
# of Bedrooms: 2
# of Bedrooms (Above Grade): 2

Master Bedroom Information
Size: 16X11
On Main Level
Hardwood Flooring

Bedroom #2 Information
Size: 11X11
On Main Level
Hardwood Flooring

Bathroom Information
# of Baths (Full): 2
Master Bath
Separate Shower, Double Sink, European Shower, Full-Body Spray Shower, Soaking Tub

Living Room Information
Size: 23X13
On Main Level
Hardwood Flooring

Dining Room Information
Size: COMBO
On Main Level
Hardwood Flooring

Kitchen Information
Size: 10X10
Island
On Main Level
Hardwood Flooring

Laundry Room Information
Size: 4X4
On Main Level
Hardwood Flooring

Additional Rooms Information
Walk-In Closet, Terrace

Additional Room #1 Information
Walk-in Closet
Size: 7X4
On Main Level
Hardwood Flooring

Additional Room #2 Information
Terrace
Size: 5X11
On Main Level
Slate

Equipment
Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, All Stainless Steel Kitchen Appliances
Humidifier, Cable TV, Intercom, Ceiling Fan

Fireplace Information
# of Fireplaces: 1
In Living Room
Gas Logs, Gas Starter

Interior Features
Elevator, Hardwood Flooring, Laundry Hook-Up in Unit, Storage, Built-in Features, Walk-In Closet(s)

Heating & Cooling
Gas Heating
Central Air Conditioning

Exterior

Building Information
# of Units: 43
Sq. Ft. Source: Estimated
Age: 16-20 Years
Block Exterior, Stone Exterior, Concrete Exterior

Property Features
Balcony, Storm/Screen Windows, End Unit, Cable Access
Low-Flow Fixtures
Currently Leased
For Investors, Can Owner Rent Unit? (Y/N): Yes
Lease Expiration Date: Tuesday, August 31, 2021 5:00 AM

Lot Information
Dimensions: COMMON

Property Information
# of Rooms: 5
Ownership: Condo
Aprox. Total Finished Sq. Ft.: 0
Total Finished/Unfinshed Sq Ft: 0
Rural (Y/N): N
School Bus Service, Commuter Bus, Commuter Train, Interstate Access
Parcel Identification Number: 17223000771096
Multiple PINs

Financial

Financial Information
Tax: $6,619.39
Tax Year: 2019
Special Service Area: N
Finance Code: Conventional

Utilities

Utility Information
Water: Lake Michigan
Sewer (Public)
150 Amp Service

Location

Community Information
Manager Off-Site, Management Monday through Friday
Pets Allowed
Cats OK, Dogs OK
Max Pet Weight: 999
% Owner Occupied: 90

Multi-Family Information
Elevator, Security Door Locks, Valet/Cleaner

Homeowners Association Information
Assessments/Association Dues: $479
Frequency: Monthly
Assessment Includes: Heat, Air Conditioning, Water, Gas, Common Insurance, Security System, TV/Cable, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Internet Access

School Information
Elementary School District: 299
Junior High District: 299
High School District: 299

Location Information
Township: South Chicago
Corporate Limits: Chicago
Directions: State to 16th. Entrance is on 16th. ***Easy parking For Showing at 16th and Dearborn &16th & Federal

Public facts

Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Condo/Co-op
Year Built: —
Year Renovated: —
County: Cook County
APN: 17223000771096

Home facts updated by county records on Jan 26, 2023

Other

Listing Information
Sale Price Does Not Include Parking
Listing Agent Must Accompany
Possession: Closing
Holds Earnest Money: Yes
Sale Terms: Conventional, FHA
Seller Concessions: No
Some Property Photos Virtually Staged

About this building

Sorry, but there are no photos available for the building.

No units for sale

1601 S State St Chicago, IL, 60616

See photos & sale trends

Photo not available

Units for sale

Unit Information Not Available

There aren't any units for sale in this building.

Around this home

Schools

South Loop Elementary School

Public PreK-8 • Assigned • 0.1mi

8/10

Phillips Academy High School

Public 9-12 • Assigned • 2.5mi

1/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

3/10 Heat Factor

7 days above 100° expected this year, 14 days in 30 years

2/10 Wind Factor

0% chance of strong winds in next 30 years

3/10 Air Factor

3 unhealthy days expected this year, 4 days in 30 years

Provided by First Street

Historical weather

Chicago, IL • 60616

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 10.3 hours in June and 3.3 hours in December, placing it below the U.S. average for solar exposure.

10.3 hrs

3.3 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$388,000 – $469,000

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Nearby similar homes

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3D WALKTHROUGH

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EARLY ACCESSCOMPASS COMING SOON

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3D WALKTHROUGH

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Home values near 1601 S State St Unit 5A

Data from public records.

Address	Redfin Estimate
1601 S State Street Unit R-2A, Chicago, IL 2 Beds \| - Baths \| 1216 Sq. Ft.	$339,050
1601 S State Street Unit 2G, Chicago, IL 1 Beds \| 1.5 Baths \| 1050 Sq. Ft.	$256,919

Address	Redfin Estimate
1601 S State Street Unit 3B, Chicago, IL 2 Beds \| 2 Baths \| 1250 Sq. Ft.	$393,360

Address	Redfin Estimate
1601 S State Street Unit 4C, Chicago, IL 2 Beds \| 2 Baths \| 1140 Sq. Ft.	$342,937

Property information provided by MRED as Distributed by MLS Grid when last listed in 2021. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in Near South Side, IL

Sale history for 1601 S State St Unit 5A

Tax history for 1601 S State St Unit 5A

Public record

Property details

About this building

Unit Information Not Available

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 60616

Home values near 1601 S State St Unit 5A

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