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$449,000 Just Listed
Property Description
Wake up to both lake and city every morning from the 16th floor of Dearborn Tower, one of the South Loop's most sought after addresses. This spacious two bedroom, two bathroom condo faces south, treating you to breathtaking east to west city and sky views that have to be seen in person to be believed. The open layout is flooded with natural light through floor to ceiling windows, and the southern exposure means a gentle golden hour starts right from your balcony. Both bedrooms are generously sized with ample closet space, and the layout flows beautifully for both everyday living and entertaining. Beyond the unit itself, Dearborn Tower delivers the full package. A community of wonderful neighbors with access to a large party room and patio, perfect for hosting gatherings and events, and a modern fitness center that rivals any gym membership in the city. The building is also in the middle of a fully funded lobby and elevator renovation, already assessed and budgeted, so the next owner walks in on day one with brand new common spaces and zero surprise costs. It's a rare opportunity to buy at today's price and immediately benefit from tomorrow's upgrades. Location doesn't get much better than this. You're steps from the Roosevelt CTA station (Red, Green, and Orange lines), the Metra Electric and Rock Island lines at Roosevelt Road, Lake Shore Drive, Soldier Field, the Museum Campus, Grant Park, Mariano's, Trader Joe's, welcoming farmer's markets, shops and restaurants -- everything the South Loop has to offer. Whether you're looking for a primary residence or an investment in one of Chicago's most walkable, transit rich neighborhoods, 16K checks every box!
Full Property Details
Full Property Details for 1530 S State St #16K
General
- Price: $449,000
- HOA FEE: $834/month
- Taxes: $6,952 (2023)
- Status: Active
- Type: Condo
- Source: MRED
- MLS ID: 12642704
- Updated: 5/29/2026
- Added to Site: 1 day(s) ago
Interior
- Basement: None
- Appliances: Range, Microwave, Dishwasher, Refrigerator, Bar Fridge, Washer, Dryer, Disposal
- Flooring: Hardwood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Bathroom Features: Separate Shower, Double Sink
Bedrooms
- Total Bedrooms: 2
Additional Information
- Equipment: Cable TV, Intercom, Fire Sprinklers, Carbon Monoxide Detectors
Exterior
- Exterior Features: Balcony, Roof Deck
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 1
- Total Spaces: 1
- Parking Features: Yes, Leased, Attached, Garage
Location
- Area: CHI - Near South Side
- County: Cook
- Township: Lake
- Driving Directions: S. State St between 15th and 16th St.
School Information
- School District: 299
- Elem School District: 299
- Midd School District: 299
- High School District: 299
Community
- Assoc. Fees Include: Heat, Air Conditioning, Water, Gas, 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: Natural Gas, Forced Air
Utilities
- Sewer: Public Sewer
- Water: Lake Michigan
- Onsite: Cable Available
Structural Information
- Structure Type: Condo
- Construction: Brick, Concrete
- Exterior Const.: Brick, Concrete
- Basement Desc.: None
- Foundation: Concrete Perimeter
- Sub-Flooring: Hardwood
- Entry Floor Number: 16
- Stories/Levels: 18
- Square Feet: 1,475
- Sq. Ft. Source: Estimated
- Year Built: 2001
Unit Information
- Units in Building: 317
Lot Features
- Lot Dimensions: COMMON
- Lot Features: Common Grounds
Animals
- Animals Allowed: Cats OK, Dogs OK
Financial Considerations
- Lease Price: $200
- Association Fee: $834
- Assoc Fee Freq.: Monthly
- Assessment Year: 2001
- Tax Amount: $6,952
- Tax Year: 2023
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Condo
- Special Conditions: List Broker Must Accompany
- Property ID: 17212101481277
Listed by Redfin Corporation
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Schools
Schools serving 1530 S State St #16K
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
South Loop Elementary School 1212 South Plymouth Court, Chicago, IL 60605 | PK-8 | 0.4 mi |
Phillips Academy High School 244 East Pershing Road, Chicago, IL 60653 | 12-11 | 2.5 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 1530 S State St #16K
Date
Details
Price
Change
Source
5/28/2026
Listed
$449,000
2.63%
MLS
7/13/2018
Sold
$437,500
—
Public Record
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 1530 S State St #16K
Year
Property Taxes
Change
Tax Assessment
Change
2023
$6,952
—
$34,224
4%
2023
$6,952
3%
$32,843
—
2022
$6,776
2%
$32,843
—
2021
$6,624
-3%
$32,843
7%
2020
$6,807
2%
$30,554
-8%
2019
$6,684
13%
$33,268
—
2018
$5,893
16%
$33,268
23%
2017
$5,084
4%
$26,993
—
2016
$4,906
10%
$26,993
—
2015
$4,466
8%
$26,993
21%
2014
$4,148
2%
$22,355
—
2013
$4,066
1%
$22,355
—
2012
$4,011
—
$22,353
—
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 1530 S State St #16K
1530 S State Street #16K, Chicago, IL 60605 (MLS# 12642704) is a Condo property with 2 bedrooms and 2 full bathrooms. 1530 S State Street #16K is currently listed for $449,000 and was received on May 28, 2026. Want to learn more about 1530 S State Street #16K? 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.
