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Dearborn Tower Apartment with Balcony
For Lease
$2,500/Mo

1530 S State Street #15Q, Chicago, IL 60605

Stylish 1-bedroom apartment with balcony and city views.

Space SizeContact for details
Property Size1,200 SF
Days on Market435

Property Features for 1530 S State Street #15Q

General Information

Standard status Active
Size 1,200 SF
Property subtype Condominium

Site & Location

Neighborhood South Loop

Amenities

Natural Gas
Central Air
Double Oven
Dishwasher
Refrigerator
Washer
Dryer
Stainless Steel Appliance(s)

Building Details

Building Size 1,200 SF
Year Built 2001
Listing Agency: Compass
Listed By: Tim Lorimer · License #475175866
Source: Kw
Added: Aug 21, 2025 Changed: Oct 26 Last Checked: Oct 28 at 2:26PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass

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Investment Insights

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This spacious and stylish 1-bedroom, 1-bathroom apartment is located in the Dearborn Tower. The home features a full-length private balcony with unobstructed views. The open-concept layout includes floor-to-ceiling windows with remote-controlled shades, and a chef's kitchen equipped with a newer dishwasher, granite counters, and breakfast bar seating. The living and dining space is suitable for both entertaining and relaxing. The bedroom includes ample closet space. The modern bathroom has been recently renovated with updated fixtures and tile, and includes a newer in-unit stacking washer and dryer. Residents have access to amenities such as a 24-hour doorman, fitness center, business center, and a full-service restaurant. The location provides access to CTA buses and the Red, Orange, and Green Lines, placing it within walking distance of the lakefront, Grant Park, Museum Campus, shopping, dining, and entertainment. Indoor parking is available for an additional fee. Rent includes all utilities except for electricity. The property size is 1200 square feet.

Key Highlights

  • Sweeping, unobstructed views from a full‑length private balcony.
  • Prime location with CTA bus access at the doorstep and easy access to Red, Orange, and Green Lines, near lakefront, Grant Park, and Museum Campus.
  • Rent includes all utilities except electricity.

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

4,173
Businesses Nearby

Demographics for 60605, IL

34,071
Population
20,478
Households
1.7
Avg Household Size
34
Median Age
82%
College-Educated
96%
High-School Grad
1.4 sq mi
ZIP Area
24,336
Density / Sq Mi
$118,403
Median Household Income
$82,091
Median Earnings
$2,402
Median Rent
$495,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Stylish 1-bedroom apartment with balcony and city views.
Where is this apartment building located?
The property is located at 1530 S State Street #15Q Chicago, IL.
What is the lease rate?
The lease rate is $2,500/Mo.
What are key features of this property?
This property features: Sweeping, unobstructed views from a **full‑length private balcony**.; Prime location with CTA bus access at the doorstep and easy access to Red, Orange, and Green Lines, near lakefront, Grant Park, and Museum Campus.; Rent includes all utilities except electricity.
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