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$235,000
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Property Description
A classic timber loft with dramatic high ceilings in the heart of the South Loop. This 1-bedroom unit features east-facing views with plenty of natural light from the large windows and light-toned hardwood floors. The kitchen offers maple cabinetry, granite countertops, and a functional island that provides extra prep space and bar-stool seating. The spacious bedroom includes a walk-in closet, rarely found in loft living. Step out onto your private balcony, situated at the perfect height to offer a unique blend of privacy and a front-row seat to the passing trains. The owner recently installed a brand-new HVAC system only 3 months ago, providing years of worry-free comfort. This move-in ready home also includes an in-unit washer/dryer and access to a common rooftop deck with stunning skyline views. Located just 2 blocks from the red, green and orange lines and within walking distance to Mariano's, museum campus, and the lakefront.
Full Property Details
Full Property Details for 1503 S State St #512
General
- Price: $235,000
- HOA FEE: $310/month
- Taxes: $3,016 (2024)
- Status: Active
- Type: Condo
- Source: MRED
- MLS ID: 12569480
- Updated: 3/18/2026
- Added to Site: 49 day(s) ago
Rental Information
- Complex Features: Park
Interior
- Basement: None
- Appliances: Microwave, Dishwasher, Refrigerator, Washer, Dryer, Gas Cooktop, Gas Oven
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
- Bathroom Features: Soaking Tub
Bedrooms
- Total Bedrooms: 1
Additional Information
- Shared Amenities: Bike Room/Bike Trails, Elevator(s), Storage, Sundeck
- 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, Lawn Care, 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: 5
- Stories/Levels: 8
- Square Feet: 755
- Sq. Ft. Source: Landlord/Tenant/Seller
- Year Built: 2004
Unit Information
- Units in Building: 78
Lot Features
- Lot Dimensions: COMMON
- Lot Features: Landscaped
Animals
- Animals Allowed: Cats OK, Dogs OK
Water Features
- Water View: Yes
- Water Front View: Front of Property
Financial Considerations
- Association Fee: $310
- Assoc Fee Freq.: Monthly
- Assessment Year: 2004
- Tax Amount: $3,016.14
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Condo
- Special Conditions: List Broker Must Accompany
- Property ID: 17221061201038
Listed by Chicagoland Brokers, Inc.
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Schools
Schools serving 1503 S State St #512
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.
Price & Sales History for 1503 S State St #512
Date
Details
Price
Change
Source
2/18/2026
Listed
$235,000
—
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 1503 S State St #512
Year
Property Taxes
Change
Tax Assessment
Change
2023
$3,532
3%
$19,999
—
2022
$3,421
2%
$19,999
—
2021
$3,362
19%
$19,999
27%
2020
$2,827
2%
$15,794
-8%
2019
$2,766
2%
$17,197
—
2018
$2,718
38%
$17,197
38%
2017
$1,963
-2%
$12,492
—
2016
$2,002
11%
$12,492
—
2015
$1,808
16%
$12,492
14%
2014
$1,552
3%
$10,931
—
2013
$1,510
—
$10,931
—
2012
$1,514
—
$10,931
—
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 #512
1503 S State Street #512, Chicago, IL 60605 (MLS# 12569480) is a Condo property with 1 bedroom and 1 full bathroom. 1503 S State Street #512 is currently listed for $235,000 and was received on February 18, 2026. Want to learn more about 1503 S State Street #512? 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.

