514/1601 West School Street

Chicago IL 60657

1100 sq. ft.

Condo

Last sold for $340,000

Jacob Sanford, last sold this property on 18 September 2025 after 48 days on market.

Overview

Perfectly situated in the heart of Lakeview, this bright and spacious 1 bed, 1 bath unit at Tower Lofts offers modern comfort in city living. Soaring 14-foot ceilings and oversized windows fill the open-concept layout with natural light, while exposed brick, hardwood floors and a gas fireplace add warmth and character. The kitchen features sleek concrete countertops, neutral white cabinets, stainless steel appliances, and a functional layout ideal for both everyday living and entertaining. Additional highlights include a smart thermostat and lighting, fresh white paint throughout, in-unit laundry, storage galore (5 closets) and a jacuzzi tub. Enjoy breathtaking skyline views from the recently updated shared rooftop deck without the hassle of all the maintenance. Additional perks include a large private storage closet (adjacent to the unit), heated garage parking included in price, and a prime location just steps from the Paulina Brown Line stop, multiple bus routes (#152, #X9, #9, #76), Whole Foods, Trader Joe's, and Target.

Features

1 bedroom

1 bathroom

1 carspace

1 garage space

1100 sq. ft. floor area

Condo

Estimated Value

Based on this property and similar 1 bedroom condos sold in Chicago over the last 12 months, the estimated median property value of 514/1601 West School Street is $260k.

Median value

$260k

Estimated value range

$150k - $418k

Median days on market

Estimated value trend

increase over the last 12 months

Average days on market is based on recent, comparable sales in Chicago. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.