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$255,000
Property Description
Rare opportunity to own a stunning 950 sq ft timberloft in the heart of the South Loop. This one-bedroom, one-bathroom residence blends the neighborhood's signature heavy timber and exposed brick character with thoughtful modern updates throughout. The open living space is anchored by the kind of raw architectural detail that makes these lofts so sought after - original timber beams, soaring ceilings, and warm industrial finishes that can't be replicated. A fully renovated kitchen brings the unit squarely into the present with clean lines, contemporary cabinetry, and updated appliances. The renovated bathroom matches that same modern standard. Primed white, the condo is ready for your color pallete and offers a blank canvas for the next owner to bring their creativity to life. Perched along the train line, this condo embraces the rhythm and energy of city living, an unmistakable reminder that you're connected to everything the city has to offer. Lake Michigan peeks through on the horizon, giving you that coveted eastward connection to the water. Practical details that matter: in-unit washer and dryer so you never have to leave home for laundry day, plus dedicated extra storage space for everything that doesn't need to live in the unit itself. Located steps from the restaurants and energy of the South Loop, with easy access to the Red, Green and Orange Line, the lakefront trail, and Museum Campus. This is the full package: character, comfort, location, and lifestyle. Assigned storage unit also included.
Full Property Details
Full Property Details for 1503 S State St #311
General
- Price: $255,000
- HOA FEE: $444/month
- Taxes: $4,378 (2023)
- Status: Active
- Type: Condo
- Source: MRED
- MLS ID: 12659961
Interior
- Basement: None
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 1
Additional Information
- Other Features: Commuter Bus, Commuter Train
Location
- Area: CHI - Near South Side
- County: Cook
- Township: South Chicago
- Driving Directions: LSD to Roosevelt to State St to property.
School Information
- School District: 299
- Elem School District: 299
- Midd School District: 299
- High School District: 299
Community
- Assoc. Fees Include: Heat, Water, Gas, TV/Cable, Scavenger
- Pets Allowed: Yes
- Pets: Cats OK, Dogs OK
- Pet Restrictions: Cats OK, Dogs OK, / 999lbs.
- Mgmt. Company: First Community Management
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Lake Michigan
Structural Information
- Structure Type: Condo, Condo/Loft
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: None
- Entry Floor Number: 3
- Stories/Levels: 8
- Square Feet: 950
- Sq. Ft. Source: Estimated
- Year Built: 2004
Unit Information
- Units in Building: 78
Lot Features
- Lot Dimensions: COMMON
Animals
- Animals Allowed: Cats OK, Dogs OK
Water Features
- Water View: Yes
- Water Front View: Back of Property
Financial Considerations
- Association Fee: $444
- Assoc Fee Freq.: Monthly
- Assessment Year: 2004
- Tax Amount: $4,378
- Tax Year: 2023
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Condo
- Property ID: 17221061201011
Listed by Top Care Realty LLC
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Schools
Schools serving 1503 S State St #311
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
South Loop Elementary School 1212 South Plymouth Court, Chicago, IL 60605 | PK-8 | 0.3 mi |
Phillips Academy High School 244 East Pershing Road, Chicago, IL 60653 | 12-11 | 2.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Tax History
Tax History for 1503 S State St #311
Year
Property Taxes
Change
Tax Assessment
Change
2023
$4,378
—
$21,950
-9%
2023
$4,378
3%
$23,999
—
2022
$4,246
2%
$23,999
—
2021
$4,169
18%
$23,999
26%
2020
$3,540
2%
$18,995
-8%
2019
$3,466
-15%
$20,682
—
2018
$4,085
26%
$20,682
38%
2017
$3,234
7%
$15,024
—
2016
$3,009
9%
$15,024
—
2015
$2,753
13%
$15,024
14%
2014
$2,439
2%
$13,147
—
2013
$2,391
1%
$13,147
—
2012
$2,359
—
$13,147
—
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 1503 S State St #311
1503 S State Street #311, Chicago, IL 60605 (MLS# 12659961) is a Condo property with 1 bedroom and 1 full bathroom. 1503 S State Street #311 is currently listed for $255,000 and was received on May 27, 2026. Want to learn more about 1503 S State Street #311? 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.
