Get a 3-Story South Loop Townhouse for Under $440,000: 1529 S. State

1529 s state

This 2-bedroom townhouse at 1529 S. State in the South Loop originally came on the market in July 2017.

If you’re wondering why there’s a picture of a high rise with this post, it’s because this is one of the rare high rise buildings that also has townhouses.

This is one of just eight townhouses that have a courtyard entrance on the fourth floor.

You still get all the benefits of the high rise, including the exercise room and the doorman.

But this townhouse has 3-levels and 2 decks so you’re also getting the townhouse lifestyle.

The living/dining room are on the first floor with a terrace and a half bath.

The kitchen has 42 inch cabinets, granite counter tops and stainless steel appliances.

The second floor has the two bedrooms and also two baths.

The master suite has a bathroom with a dual vanity sink.

The listing describes the third floor as “flex space” and says it can be used as a bedroom or a den/family room. There doesn’t appear to be a closet on this floor, however.

There is a deck off this flex space.

The townhouse has all the features buyers look for including central air, washer/dryer in the unit on the second floor with the bedrooms and 1 deeded parking space is included, with a second available for $30,000.

This townhouse has been on the market since July and has been reduced $30,000 to $439,000.

What’s the catch?

Because it’s in the high rise association, there are high rise assessments which are $1076 a month.

That includes gas, heat, A/C and cable, however.

What price will it take to sell this townhouse?

Lauren Bergiel at Dream Town has the listing. See the pictures here.

Or see it in person at the Open House on Sunday, January 14: 1 – 3 PM.

Unit #TH6: 2 bedrooms, 2.5 baths, 1955 square feet

  • Sold in June 2006 for $550,000 (included parking)
  • Lis pendens filed in July 2007
  • Bank owned in March 2008
  • Sold in November 2008 for $260,000
  • Originally listed in July 2017 for $469,000
  • Reduced
  • Currently listed for $439,000 (parking included)
  • 2nd parking space available for $30,000
  • Assessments of $1076 a month (includes exterior maintenance, gas, heat, a/c, cable, doorman, exercise room, snow removal)
  • Taxes of $9356
  • Central Air
  • Washer/dryer in the unit
  • Bedroom #1: 15×12 (second floor)
  • Bedroom #2: 11×9 (second floor)
  • Den/Family room: 19×12 (third floor)
  • Terrace: 16×6 (main floor)
  • Deck: 15×8 (third floor)

7 Responses to “Get a 3-Story South Loop Townhouse for Under $440,000: 1529 S. State”

  1. NO COMMENTS… FOR ME TO POOP ON LOLZ!!!
    FIRSTS!!!!!!

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  2. The whole point of a townhouse is to avoid the shared common areas, such as the lobby and elevators. I like that there are three stories so you can get some quiet time away from your family at least. It’s also relatively affordable, but the assessments even with the inclusion of utilities are expensive compared to other townhouses.

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  3. at least it includes a BIZ CENTER

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  4. Sabrina, the pic of the tower is not the correct one… the tower you depict is in the 1100 block of S State…

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  5. Even with the HOA, this place is still a very good deal for the money, especially since the HOA includes the heat, most other utilities, and high-rise security. I didn’t think you could get a 3-2 of any type- condo, townhouse, or co-op, under $600K in that area.

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  6. “Sabrina, the pic of the tower is not the correct one… the tower you depict is in the 1100 block of S State…”

    ha! Sorry. You’re right. Both of those buildings have townhouses above the ground on top of the parking structure. And they look very similar.

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  7. the trouble with these kinds of places is they only have one exposure to light. more traditional townhouses usually have 2.

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