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$290,000
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Property Description
Welcome to 15th Street Lofts, an elevator building offering authentic loft living in the heart of the South Loop. This oversized 1-bedroom, 1-bath home spans nearly 900 sq. ft. and features dramatic 13-foot timber ceilings, floor-to-ceiling windows that fill the space with natural light, and engineered hardwood floors throughout. The open-concept layout provides a generous living and dining area anchored by exposed beams, with direct access to a large private balcony, perfect for enjoying west-facing downtown views and stunning sunsets. The kitchen is equipped with granite countertops, stainless steel appliances, and a functional island ideal for entertaining. The bedroom is spacious and offers excellent closet space. Building amenities include additional private storage, a shared roof deck and bike storage. A heated garage space is available for purchase for an additional $30k. Situated in a boutique, 78-unit elevator building, residents enjoy the perfect blend of character, comfort, and convenience. Steps from restaurants, coffee shops, parks, the lakefront, and public transportation, this home exemplifies quintessential South Loop living. The property is renter and pet friendly.
Full Property Details
Full Property Details for 1503 S State St #403
General
- Sold For: $290,000
- HOA FEE: $531/month
- Taxes: $5,013 (2023)
- Status: Closed
- Type: Condo
- Source: MRED
- MLS ID: 12500905
- Added to Site: 132 day(s) ago
Interior
- Interior Features: Elevator, Storage, Walk-In Closet(s)
- Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
- Flooring: Hardwood
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
- Bathroom Features: Separate Shower, Double Sink
Bedrooms
- Total Bedrooms: 1
Additional Information
- Shared Amenities: Bike Room/Bike Trails, Elevator(s), Storage, Security Door Lock(s), Service Elevator(s)
Exterior
- Exterior Features: Balcony
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 1
- Total Spaces: 1
- Parking Features: Garage Door Opener, Garage, Yes, Garage Owned, Attached
Location
- Area: CHI - Near South Side
- County: Cook
- Driving Directions: 3 BLOCKS SOUTH OF ROOSELVELT RD ON EAST SIDE OF STATE ST
School Information
- School District: 299
- Midd School District: 299
Community
- Assoc. Fees Include: Water, Gas, Insurance, TV/Cable, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Internet
- Pets Allowed: Yes
- Pet Restrictions: Cats OK, Dogs OK, / 999lbs.
- Mgmt. Company: First Service Residential
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Natural Gas, Forced Air
Utilities
- Water: Lake Michigan
- Onsite: Cable Available
Structural Information
- Structure Type: Condo
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: None
- Sub-Flooring: Hardwood
- Entry Floor Number: 4
- Stories/Levels: 8
- Square Feet: 900
- Sq. Ft. Source: Estimated
- Built Before 1978: Yes
- Remodeled/Updated: 2004
Unit Information
- Units in Building: 78
Lot Features
- Lot Dimensions: COMMON
Financial Considerations
- Association Fee: $531
- Assoc Fee Freq.: Monthly
- Parking Included: Yes
- Tax Amount: $5,013.24
- Tax Year: 2023
Disclosures and Reports
- Ownership: Condo
- Property ID: 17221061201016
Listed by Cross Street Real Estate
Sold by Redfin Corporation
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Schools
Schools serving 1503 S State St #403
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 Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1503 S State St #403
Date
Details
Price
Change
Source
2/03/2026
Sold
$290,000
5.49%
MLS
10/23/2025
Listed
$274,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1503 S State Street #403, Chicago, IL 60605 (MLS# 12500905) is a Condo property that was sold at $290,000 on February 03, 2026. Want to learn more about 1503 S State Street #403? 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.

