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$625,000

  • Sold
  • Closed
  • Condo
  • 2 Beds
  • 2 Full Baths
  • 1 Car Garage
  • Updated 7 days ago
See This Home
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Bathed in natural light, this sophisticated corner residence at Tower Lofts offers a seamless blend of industrial loft character and refined modern luxury. The expansive open-concept floor plan is anchored by a stunning wall of east-facing windows and 16ft ceilings inviting the morning sun to illuminate the rich textures of the home. At the heart of the living space, a fully renovated chef's kitchen features sleek granite countertops, premium stainless steel appliances, and custom 42" cabinetry. The layout flows effortlessly into a dedicated dining area and a gracious living room, which extends out to a private balcony-perfect for morning coffee or an evening breeze. The primary suite serves as a serene retreat, complete with an organized walk-in closet that leads to a spa-inspired bathroom. This sanctuary has been meticulously updated with heated porcelain flooring, quartz vanities, and high-end Grohe fixtures. A thoughtful split-bedroom configuration ensures privacy, with the second bedroom being fully enclosed. Modern essentials abound, including in-unit laundry, a Nest thermostat, and dimmable LED lighting throughout. Residents also enjoy access to a common roof deck with panoramic views, and completing the amazing unit is one attached included garage parking space. Situated in a premier location, the property provides immediate access to the boutiques and dining of the Southport Corridor and Roscoe Village, along with nearby staples like Whole Foods, Target, and the Paulina Brown Line station.

Full Property Details for 1601 W School St #502

General

  • Sold For: $625,000
  • HOA FEE: $785/month
  • Taxes: $9,514 (2024)
  • Status: Closed
  • Type: Condo
  • Source: MRED
  • MLS ID: 12675805
  • Added to Site: 60 day(s) ago

Interior

  • Interior Features: Vaulted Ceiling(s), Storage, Walk-In Closet(s), Open Floorplan
  • Fireplace: Yes
  • Fireplace(s): Living Room, Gas Log, Gas Starter
  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s)
  • Flooring: Hardwood

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 2

Additional Information

  • Shared Amenities: Elevator in Residence, Storage, Sundeck
  • Equipment: Cable TV, Ceiling Fan(s)

Exterior

  • Exterior Features: Balcony, Roof Deck

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 1
  • Total Spaces: 1
  • Parking Features: Garage Door Opener, Heated Garage, Yes, Garage Owned, Attached, Garage

Location

  • Area: CHI - Lake View
  • County: Cook
  • Subdivision: Tower Lofts
  • Driving Directions: ASHLAND (1600 WEST), NORTH OF BELMONT (3200 NORTH) OR SOUTH OF ADDISON (3600 NORTH) TO BUILDING - ON SW CORNER OF SCHOOL (3300 NORTH) AND ASHLAND.

School Information

  • School District: 299
  • Midd School District: 299
  • Elementary School: Burley Elementary School
  • Middle School: Burley Elementary School
  • High School: Lake View High School
  • Private School: Lake View High School

Community

  • Assoc. Fees Include: Water, Parking, Insurance, TV/Cable, Exterior Maintenance, Scavenger, Snow Removal, Internet
  • Pets Allowed: Yes
  • Pet Restrictions: Cats OK, Dogs OK, / 999lbs.
  • Mgmt. Company: The Building Group

Heating & Cooling

  • Cooling Type: Central Air Conditioning
  • Heating Type: Natural Gas, Forced Air

Utilities

  • Water: Lake Michigan, Public

Structural Information

  • Structure Type: Condo, Condo/Loft
  • Construction: Brick
  • Exterior Const.: Brick
  • Basement Desc.: None
  • Common Walls: End Unit
  • Windows: Screens
  • Sub-Flooring: Hardwood
  • Entry Floor Number: 5
  • Stories/Levels: 7
  • Sq. Ft. Source: Not Reported
  • Year Built: 1912
  • Built Before 1978: Yes
  • Remodeled/Updated: 1995

Unit Information

  • Units in Building: 79

Lot Features

  • Lot Dimensions: COMMON
  • Lot Features: Corner Lot

Financial Considerations

  • Association Fee: $785
  • Assoc Fee Freq.: Monthly
  • Parking Included: Yes
  • Assessment Year: 1912
  • Tax Amount: $9,514.6
  • Tax Year: 2024

Disclosures and Reports

  • Ownership: Condo
  • Property ID: 14194260421040

Listed by Compass
Sold by Compass

Listing agent

— 1601 W School St #502 —

  • Compass

Get Pre-Approved Today

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1601 W School St #502

School District:Chicago Public School District 299
NameGradesDistance
Burley Elementary School
1630 West Barry Avenue, Chicago, IL 60657
K-80.2 mi
Lake View High School
4015 North Ashland Avenue, Chicago, IL 60613
9-121 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 1601 W School St #502

Date
Details
Price
Change
Source
8/03/2026
Sold
$625,000
4.18%
MLS
6/14/2026
Listed
$599,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Compass
Sold by Compass

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1601 W School Street #502, Chicago, IL 60657 (MLS# 12675805) is a Condo property that was sold at $625,000 on August 03, 2026. Want to learn more about 1601 W School Street #502? Do you have questions about finding other Condo real estate for sale in LakeView? You can browse all LakeView real estate or contact a Coldwell Banker agent to request more information.