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$289,000
Property Description
Experience true loft-style living with soaring 11' ceilings, incredible western light, and expansive city views in one of the largest 1-bedroom + den layouts at 1255 S State. This unit features rare ceiling height, thoughtful upgrades, and a highly functional layout set it apart from anything else in the building. The open living and dining space flows seamlessly to a private balcony. The kitchen is well-appointed with 42" cherry cabinetry, granite countertops, and stainless-steel appliances, while hardwood floors and in-unit laundry complete the home. The spacious primary bedroom offers excellent storage with walk-in closet, and the separate den provides the flexibility buyers are looking for a home office or separate nook. Full-amenity building with 24-hour door staff, fitness center, and on-site management. Unbeatable South Loop location just steps to parks, restaurants, shopping, multiple El lines, and grocery stores. Monthly assessment includes gas, cable tv and high-speed internet. Electric is the only additional expense. Investor friendly building. Garage parking included.
Full Property Details
Full Property Details for 1255 S State St #502
General
- Price: $289,000
- HOA FEE: $879/month
- Taxes: $5,102 (2024)
- Status: Active
- Type: Condo
- Source: MRED
- MLS ID: 12618537
- Updated: 6/14/2026
- Added to Site: 7 day(s) ago
Interior
- Basement: None
- Appliances: Double Oven, Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
- Flooring: Hardwood
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 1
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 1
- Total Spaces: 1
- Parking Features: Yes, Garage Owned, Attached, Garage
Location
- Area: CHI - Near South Side
- County: Cook
- Township: South Chicago
- Driving Directions: Roosevelt to State, South to Property
School Information
- School District: 299
- Elem School District: 299
- Midd School District: 299
- High School District: 299
- Elementary School: South Loop Elementary School
- Middle School: South Loop Elementary School
Community
- Assoc. Fees Include: Heat, Air Conditioning, Water, Gas, Parking, Insurance, Doorman, TV/Cable, Exercise Facilities, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Internet
- Pets Allowed: Yes
- Pets: Cats OK, Dogs OK
- Pet Restrictions: Cats OK, Dogs OK, / 999lbs.
- Mgmt. Company: First Service Residential
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air
Utilities
- Sewer: Public Sewer
- Water: Lake Michigan
Structural Information
- Structure Type: Condo
- Construction: Concrete
- Exterior Const.: Concrete
- Basement Desc.: None
- Sub-Flooring: Hardwood
- Entry Floor Number: 5
- Stories/Levels: 19
- Square Feet: 880
- Sq. Ft. Source: Estimated
- Year Built: 2007
Unit Information
- Units in Building: 253
Lot Features
- Lot Dimensions: common
Animals
- Animals Allowed: Cats OK, Dogs OK
Financial Considerations
- Association Fee: $879
- Assoc Fee Freq.: Monthly
- Parking Included: Yes
- Assessment Year: 2007
- Tax Amount: $5,102.04
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Condo
- Property ID: 17221000391002
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Schools
Schools serving 1255 S State St #502
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
South Loop Elementary School 1212 South Plymouth Court, Chicago, IL 60605 | PK-8 | 0.1 mi |
Phillips Academy High School 244 East Pershing Road, Chicago, IL 60653 | 12-11 | 2.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1255 S State St #502
Date
Details
Price
Change
Source
6/08/2026
Listed
$289,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1255 S State St #502
Year
Property Taxes
Change
Tax Assessment
Change
2023
$5,027
—
$22,329
-6%
2023
$5,027
3%
$23,749
—
2022
$4,900
2%
$23,749
—
2021
$4,790
8%
$23,749
19%
2020
$4,454
2%
$19,993
-8%
2019
$4,374
2%
$21,769
—
2018
$4,300
20%
$21,769
31%
2017
$3,590
7%
$16,679
—
2016
$3,341
9%
$16,679
—
2015
$3,056
24%
$16,679
26%
2014
$2,460
2%
$13,257
—
2013
$2,411
1%
$13,257
—
2012
$2,379
—
$13,257
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1255 S State St #502
1255 S State Street #502, Chicago, IL 60605 (MLS# 12618537) is a Condo property with 1 bedroom and 1 full bathroom. 1255 S State Street #502 is currently listed for $289,000 and was received on June 08, 2026. Want to learn more about 1255 S State Street #502? Do you have questions about finding other Condo real estate for sale in Near South Side? You can browse all Near South Side real estate or contact a Coldwell Banker agent to request more information.
