ClosedPrice Reduced

$540,000

$555,000
1516 State Parkway, Chicago, IL 60610
2 Beds2 Baths0 sqft48 days
1516 State Parkway·Chicago, IL 60610
2Bedrooms
2Bathrooms
0Sq Ft
1974Year Built
About This Home

Step into this updated Gold Coast condo and you're immediately drawn to the floor to ceiling windows with sweeping views of Lake Michigan, Lincoln Park and iconic brownstone mansions along tree-lined State Parkway in this preferred "A tier" home. Incredible natural light showcases the open concept home in this million-dollar Gold Coast location with inspiring sunrises. You can even enjoy sunsets reflecting off windows of nearby high rises. This home, once a 3-bedroom unit is 1,400 (approximate) square feet with a foyer entry, large living and dining space and generous size bedrooms that can accommodate king-size beds. Note all the closets and storage on the floor plan. Rich wood shaker cabinets, stainless steel appliances and granite kitchen counters with a granite slab backsplash and breakfast bar has everything you need in this City kitchen. Dark hardwood flooring throughout the entire apartment. The primary bedroom has a walk-in closet, another double closet and the primary bath has a glass walk-in shower, a sink vanity and make up vanity, as well as a linen closet. The 16' balcony is one you will use to enjoy morning coffee or early evening beverages as well as grilling your favorite foods. Recent updates include electrical upgrades, light fixtures and two new HVAC units. There are only 4 units per floor in this boutique condo building which has the following amenities: a newly updated sundeck with an outdoor pool, outdoor kitchen, high tech glass enclosed pergola with gas fire pit (accessible year round) and a community herb garden for residents, 4th-floor fitness room with new flooring, a dry sauna, 24-hour door staff, a live-in engineer, common laundry room on 2nd level (no laundry in units), professionally managed and affordable monthly parking at 190 per month. This ideal location is steps away from acres of green space in Lincoln Park with pedestrian underground tunnel access to North Avenue beach. You also have a front seat to the Air & Water Show each August from the comfort of the East facing balcony. Just a few blocks away from the restaurants and shops in Old Town and Rush/Division Streets, the Lincoln Park Zoo, and Green City Farmer's Market. Chicago City living at its finest in a neighborhood setting! Pet-friendly building with no weight limit. Two parking spaces may be rented when available and there are tandem parking options. There is an 8 unit rental cap and you need to own the unit one year before renting. Come tour, you'll be captivated by the view and home!

MLS# 12364486Listed May 13, 2025Residential
Property Details

Beds & Baths

Total Bedrooms2
Total Bathrooms2
Full Baths2
Half Baths0
Total Rooms5

Size & Structure

Living Area0 sqft
Stories21
Garage Spaces1
Year Built1974
Lot SizeCOMMON

Location

CountyCook
TownshipNorth Chicago
Zip Code60610

Financial

List Price$540,000
Original Price$555,000
Annual Taxes (2023)$10,424
Monthly Tax Est.$869
Parcel #17042100281061
Interior Features

Flooring

Hardwood

Heating

Sep Heating Systems - 2+

Cooling

Central Air

Basement

None

Laundry

Common Area
Exterior & Lot

Construction

BrickStone

Exterior Features

Balcony
Utilities & Parking

Sewer

Public Sewer

Water Source

Lake Michigan

Electric

Circuit Breakers

Parking

ConcreteCircular DrivewayOn SiteLeasedAttachedGarage
HOA & Community
HOA Fee
$1,553
Monthly

HOA Includes

HeatAir ConditioningWaterInsuranceDoormanTV/CableExercise FacilitiesPoolExterior MaintenanceScavengerSnow RemovalInternet

Association Amenities

Bike Room/Bike TrailsDoor PersonCoin LaundryElevator(s)Exercise RoomStorageOn Site Manager/EngineerSundeckPoolLaundry
Schools
Elementary
Ogden Elementary
District: 299
Middle School
Ogden Elementary
District: 299
High School
Lincoln Park High School
District: 299
Tax & Financial
Annual Taxes
$10,424
Tax Year 2023
Monthly Tax Est.
$869
per month
Price Reduced by $15,000
Original list price: $555,000
Property Location

1516 State Parkway, Chicago, IL 60610 — Cook County

$540,000
1516 State Parkway
2 bd2 ba0 sqft
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
48 days on market
1-car garage
COMMON
$10,424/yr taxes
$1,553 HOA (monthly)
Price reduced $15,000
$5,260
estimated monthly payment
Principal & Interest
$2,838/mo
Property Tax
$869/mo
HOA
$1,553/mo
$540,000
20% — $108,000
3%50%
6.875%
3%12%
Loan Amount
$432,000
Down Payment
$108,000

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
@properties Christie's International Real Estate
Agent: Pam Lynch
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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