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  5. 1516 North State Parkway Condominiums
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1516 North State Parkway Condominiums

1516 N State Parkway, Chicago, IL, 60610

YEAR BUILT

1974

# STORIES

24

# TOTAL UNITS

44

UNIT SIZE RANGE

2,800-2,900 sqft

Description

1516 North State Parkway Condominiums stands tall in Chicago. The building reaches 24 stories and offers 44 units. Built in 1974, it shows a classic high-rise design. The location sits near North Lake Shore Drive and West Fullerton Parkway, just a short distance from Lake Michigan. The units in this building range from 2,800 to 2,900 square feet. Options include 1, 2, and 3-bedroom layouts, catering to various living needs. Prices vary widely, with listings from $838,553 to $1,268,000. Recent sales show a low price of around $370,000 and an average closing price of $437,500. Living here includes access to several amenities. Residents enjoy a gym, in-ground pool, sauna, and sundeck. A picnic area provides outdoor space for gatherings. An elevator makes it easy to access floors, along with a service elevator for convenience. A bike room supports an active lifestyle with nearby trails. Nearby public schools include Graham Foundation and The Lake Shore Music Studio. Dining options like Tiparos offer local cuisine. The average days on market for units is about 86, showing a steady interest in the property. The view of Lake Michigan adds to the allure of this building. Common areas like the party room and receiving room enhance community living. Residents appreciate the balance of urban life and leisure amenities. This building stands out as a solid choice for anyone looking for a comfortable metropolitan lifestyle.

Building ImageMLS ID #12179314
Building ImageMLS ID #12135742
Building Image
Building ImageView Listing

1516 North State Parkway Condominiums

1516 N State Parkway, Chicago, IL, 60610

YEAR BUILT

1974

# STORIES

24

# TOTAL UNITS

44

UNIT SIZE RANGE

2,800-2,900 sqft

Description

1516 North State Parkway Condominiums stands tall in Chicago. The building reaches 24 stories and offers 44 units. Built in 1974, it shows a classic high-rise design. The location sits near North Lake Shore Drive and West Fullerton Parkway, just a short distance from Lake Michigan. The units in this building range from 2,800 to 2,900 square feet. Options include 1, 2, and 3-bedroom layouts, catering to various living needs. Prices vary widely, with listings from $838,553 to $1,268,000. Recent sales show a low price of around $370,000 and an average closing price of $437,500. Living here includes access to several amenities. Residents enjoy a gym, in-ground pool, sauna, and sundeck. A picnic area provides outdoor space for gatherings. An elevator makes it easy to access floors, along with a service elevator for convenience. A bike room supports an active lifestyle with nearby trails. Nearby public schools include Graham Foundation and The Lake Shore Music Studio. Dining options like Tiparos offer local cuisine. The average days on market for units is about 86, showing a steady interest in the property. The view of Lake Michigan adds to the allure of this building. Common areas like the party room and receiving room enhance community living. Residents appreciate the balance of urban life and leisure amenities. This building stands out as a solid choice for anyone looking for a comfortable metropolitan lifestyle.

Next

Description

1516 North State Parkway Condominiums stands tall in Chicago. The building reaches 24 stories and offers 44 units. Built in 1974, it shows a classic high-rise design. The location sits near North Lake Shore Drive and West Fullerton Parkway, just a short distance from Lake Michigan. The units in this building range from 2,800 to 2,900 square feet. Options include 1, 2, and 3-bedroom layouts, catering to various living needs. Prices vary widely, with listings from $838,553 to $1,268,000. Recent sales show a low price of around $370,000 and an average closing price of $437,500. Living here includes access to several amenities. Residents enjoy a gym, in-ground pool, sauna, and sundeck. A picnic area provides outdoor space for gatherings. An elevator makes it easy to access floors, along with a service elevator for convenience. A bike room supports an active lifestyle with nearby trails. Nearby public schools include Graham Foundation and The Lake Shore Music Studio. Dining options like Tiparos offer local cuisine. The average days on market for units is about 86, showing a steady interest in the property. The view of Lake Michigan adds to the allure of this building. Common areas like the party room and receiving room enhance community living. Residents appreciate the balance of urban life and leisure amenities. This building stands out as a solid choice for anyone looking for a comfortable metropolitan lifestyle.

1516 North State Parkway Condominiums Market Stats Last 12 months

Avg. Listed Price$532,450($386/Sqft.)
Avg. Sale Price$437,500($313/Sqft.)
Year over year list priceDown Arrow6.32%
Year over year sale priceDown Arrow 21.62%
Total Listings2 Listed
Total sold2 Sold
Average Days on Market86 days
Average HOA fees per sqft$1 /monthly
Next

Market Stats

Year over year list priceDown Arrow6.32%
Year over year sale priceDown Arrow21.62%
Total Listings2 Listed
Total sold2 Sold
Average Days on Market86 days
Average HOA fees per sqft$1 /monthly

Glen Gardens Estate Availability & Demand

Unit Availability

-
High availability buildings list units frequently.

Unit Availability helps to understand how often units in a particular building are listed for sale as compared with the neighborhood average. Units are rarely listed in buildings with low availability.

Unit Demand

-
Units in high-demand buildings sell quicker.

Unit Demand is a measure of quickly units in a particular building sell as compared with other buildings in the neighborhood. Units in high-demand buildings sell more quickly.

For Sale 0 For Sale

1516 North State Parkway Condominiums Inventory & Sale History

UnitSize (sqft)BedsBathsDays On MarketDateStatusPrice
Unit 21A21A285033712024-06-14
MLS#: 12012447 		Closed$1,268,000
Unit 21A21A2850222722015-04-29
MLS#: 08688360 		Closed$838,553
Unit 6A6A1450223342008-06-10
MLS#: 06604126 		Closed$580,000
Unit 21A
21A

3 Beds

3 Baths

2850 sqft

DateStatusPrice
2024-06-14Closed$1,268,000
MLS#: 12012447
Days On Market71
Unit 21A
21A

2 Beds

2 Baths

2850 sqft

DateStatusPrice
2015-04-29Closed$838,553
MLS#: 08688360
Days On Market272
Unit 6A
6A

2 Beds

2 Baths

1450 sqft

DateStatusPrice
2008-06-10Closed$580,000
MLS#: 06604126
Days On Market334
View Complete Unit Listing HistorySource By: MRED

Amenities

Life at 1516 North State Parkway comes with a variety of amenities that you will absolutely adore. Imagine unwinding after a long day with a dip in the indoor pool or sweating it out in the exercise room. There’s also a sauna, perfect for those chilly Chicago evenings! Enjoy sunny days on the sundeck, or host friends in the charming party room. Plus, with pet-friendly policies, your furry friends are welcome too! The building also offers convenient features, including service elevators, laundry facilities, and even a bike room for those who love to pedal around the city.

Next

Amenities Description

Life at 1516 North State Parkway comes with a variety of amenities that you will absolutely adore. Imagine unwinding after a long day with a dip in the indoor pool or sweating it out in the exercise room. There’s also a sauna, perfect for those chilly Chicago evenings! Enjoy sunny days on the sundeck, or host friends in the charming party room. Plus, with pet-friendly policies, your furry friends are welcome too! The building also offers convenient features, including service elevators, laundry facilities, and even a bike room for those who love to pedal around the city.

Parking
Parking
Locker
Locker
Concierge
Concierge
Elevator(s)
Elevator(s)
Check Icon
Central AC
Central AC
Pool
Pool
Check Icon
Fitness Center
Fitness Center
Check Icon
Visitors Parking
Visitors Parking
Next

Amenities

Water View

Water View

Elevator(s)

Elevator(s)

Exercise Room

Exercise Room

Pool

Pool

In Ground Pool

In Ground Pool

Indoor Pool

Indoor Pool

Door Person

Door Person

Security Door Lock(s)

Security Door Lock(s)

Laundry

Laundry

Coin Laundry

Coin Laundry

Sundeck

Sundeck

Patio

Patio

Receiving Room

Receiving Room

Sauna

Sauna

Picnic Area

Picnic Area

Bike Room/Bike Trails

Bike Room/Bike Trails

Party Room

Party Room

Storage

Storage

Service Elevator(s)

Service Elevator(s)

Balcony

Balcony

Fire Pit

Fire Pit

Policies

As you embark on this new journey, it's important to know the building policies at 1516 North State Parkway. The community is pet-friendly, welcoming cats and dogs into your new home. Just keep in mind that there are limits on the number and size of your pets. These guidelines help maintain a pleasant living environment for everyone in the building.

Next

Amenities Description

As you embark on this new journey, it's important to know the building policies at 1516 North State Parkway. The community is pet-friendly, welcoming cats and dogs into your new home. Just keep in mind that there are limits on the number and size of your pets. These guidelines help maintain a pleasant living environment for everyone in the building.

Pet Allowed
Check
Pet Allowed
BBQ Permitted
BBQ Permitted
Sublet Allowed
Sublet Allowed
Short-term Rental Allowed
Short-term Rental Allowed

Compare with Buildings in the Neighbourhood (Last 12 Months)

Compare building's average price/sq. ft. and HOA fees/sq. ft. to buildings nearby

Building NameAvg price per square footAVG HOA FEE per square foot (Monthly)
1516 North State Parkway Condominiums$313/sqft.$1 /sqft.
1516 N State Pkwy$313/sqft.$1 /sqft.
1530 N State Parkway$171/sqft.$1 /sqft.
1530 N State Pkwy$171/sqft.$1 /sqft.
1540 N State Pkwy$296/sqft.$2 /sqft.
1501 N State Pkwy$466/sqft.$2 /sqft.

Nearby Schools

Discover top-rated schools located close to 1516 North State Parkway Condominiums.

Latin School of Chicago Lower

--
Private|Grades PK–12
1531 N Dearborn Pk...|0.05 miles away

Lincoln Park Preschool and Kindergarten

--
Private|Grades PK–KG
108 W Germania Pl|0.2 miles away

Catherine Cook School

--
Private|Grades PK–8
226 W Schiller St|0.49 miles away

Franklin Elementary Fine Arts Center

C
Public|Grades KG–8
225 W Evergreen Av...|0.58 miles away

Lasalle Elementary Language Academy

B+
Public|Grades KG–8
1734 N Orleans St|0.69 miles away

Cornerstone Academy

--
Private|Grades 9–12
1111 N Wells St St...|0.76 miles away
Next

Schools

Latin School of Chicago Lower

--
Private|Grades PK–12
1531 N Dearborn Pk...|Less than 1 Mile Away

Lincoln Park Preschool and Kindergarten

--
Private|Grades PK–KG
108 W Germania Pl|Less than 1 Mile Away

Catherine Cook School

--
Private|Grades PK–8
226 W Schiller St|Less than 1 Mile Away

Franklin Elementary Fine Arts Center

C
Public|Grades KG–8
225 W Evergreen Av...|Less than 1 Mile Away

Lasalle Elementary Language Academy

B+
Public|Grades KG–8
1734 N Orleans St|Less than 1 Mile Away

Cornerstone Academy

--
Private|Grades 9–12
1111 N Wells St St...|Less than 1 Mile Away

Manierre Elementary School

F
Public|Grades PK–8
1420 N Hudson Ave|Less than 1 Mile Away

Salazar Elementary Bilingual Center

C-
Public|Grades PK–8
160 W Wendell St|Less than 1 Mile Away

Payton College Preparatory High School

A+
Public|Grades 9–12
1034 N Wells St|Less than 1 Mile Away

Ogden Elementary School

D+
Public|Grades KG–8
24 W Walton St|Less than 1 Mile Away

Immaculate Conception School

--
Private|Grades PK–8
363 W Hill St|Less than 1 Mile Away

Skinner North Elementary School

A
Public|Grades KG–8
640 W Scott St|1.14 Miles Away

Skinner Elementary School

A
Public|Grades PK–5
111 S Throop St|1.15 Miles Away

Noble St Charter-the Noble Academy

A
Public|Grades 9–12
1443 N Ogden Ave|1.15 Miles Away

Cics - Quest North Campus

F
Public|Grades 9–12
1443 N Ogden Ave|1.15 Miles Away

Newberry Elementary Math & Science Academy

B-
Public|Grades PK–8
700 W Willow St|1.23 Miles Away

Gce Lab School

--
Private|Grades 9–12
1535 N Dayton St|1.37 Miles Away

Jenner Elementary Academy of the Arts

--
Public|Grades PK–8
|1.39 Miles Away

Lincoln Park High School

B+
Public|Grades 9–12
2001 N Orchard St|1.41 Miles Away

Fusion Academy Lp: Chicago- Lincoln Park

--
Private|Grades 6–12
1440 N Dayton St S...|1.44 Miles Away

Lincoln Elementary School

A+
Public|Grades KG–8
615 W Kemper Pl|1.71 Miles Away

St James Lutheran School

--
Private|Grades PK–8
2101 N Fremont St|1.76 Miles Away

St Clement School

--
Private|Grades PK–8
2524 N Orchard St|2.10 Miles Away

Alcott Elementary School

A
Public|Grades KG–8
2625 N Orchard St|2.16 Miles Away

Mayer Elementary School

A
Public|Grades PK–8
2250 N Clifton Ave|2.28 Miles Away

St Stanislaus Kostka School

--
Private|Grades PK–8
1255 N Noble St|2.31 Miles Away

Gems World Academy Chicago

--
Private|Grades PK–11
350 E South Water ...|2.31 Miles Away

Rowe Elementary School

C-
Public|Grades KG–8
1424 N Cleaver St|2.45 Miles Away

Lozano Elementary School

D+
Public|Grades PK–8
1501 N Greenview A...|2.46 Miles Away

Noble St Charter-Noble Campus

A+
Public|Grades 9–12
1010 N Noble St|2.50 Miles Away

Near North Montessori

--
Private|Grades PK–8
1434 W Division St|2.51 Miles Away

Ogden Intermediate High School

A
Public|Grades 9–12
1250 W Erie St|2.51 Miles Away

Holy Trinity High School

--
Private|Grades 9–12
1443 W Division St|2.52 Miles Away

Yccs-Innovations of Arts Integr High School

--
Public|Grades 9–12
17 N State St|2.54 Miles Away

Noble St Charter-Muchin College Preparatory

A+
Public|Grades 9–12
1 N State St|2.57 Miles Away

St Josaphat School

--
Private|Grades PK–8
2245 N Southport A...|2.63 Miles Away

Transit

Experience convenience and connectivity with premium transit options just moments away.

311 W Division

0.74 miles away|15 min walk

300 W Division

0.76 miles away|15 min walk

Armitage & Clark

0.92 miles away|18 min walk

Armitage & Lincoln/Sedgwick

1.02 miles away|20 min walk

Armitage & Cleveland

1.13 miles away|22 min walk

Chestnut & Mies Van Der Rohe

1.17 miles away|23 min walk
Next

Transit

311 W Division

0.74 miles away|15 min walk

300 W Division

0.76 miles away|15 min walk

Armitage & Clark

0.92 miles away|18 min walk

Armitage & Lincoln/Sedgwick

1.02 miles away|20 min walk

Armitage & Cleveland

1.13 miles away|22 min walk

Chestnut & Mies Van Der Rohe

1.17 miles away|23 min walk

Chicago (Red)

1.24 miles away|24 min walk

Chicago-Red

1.24 miles away|24 min walk

Chicago & Clark

1.24 miles away|24 min walk

Armitage & Larrabee

1.25 miles away|24 min walk

Chicago & LaSalle

1.26 miles away|25 min walk

Chicago & Michigan

1.27 miles away|25 min walk

Chicago-Brown

1.31 miles away|26 min walk

Chicago (Brown/Purple)

1.31 miles away|26 min walk

Chicago & Franklin (Brown line)

1.31 miles away|26 min walk

Chestnut & Lake Shore Drive

1.31 miles away|26 min walk

Chicago & Mies Van Der Rohe

1.33 miles away|26 min walk

1700 N Halsted

1.33 miles away|26 min walk

Chicago & Fairbanks

1.37 miles away|27 min walk

Armitage & Orchard

1.39 miles away|27 min walk

1900 N Halsted

1.43 miles away|28 min walk

Chicago & Hudson

1.44 miles away|28 min walk

Armitage & Halsted

1.53 miles away|30 min walk

Chicago & Larrabee

1.55 miles away|30 min walk

Cannon & Nature Museum/Fullerton

1.63 miles away|32 min walk

Armitage & Fremont

1.67 miles away|32 min walk

700 W Chicago

1.71 miles away|33 min walk

Armitage Station (Brown Line)

1.78 miles away|35 min walk

Chicago & Halsted

1.78 miles away|35 min walk

Armitage

1.79 miles away|35 min walk

Armitage (Brown/Purple)

1.79 miles away|35 min walk

Armitage & Seminary

1.95 miles away|38 min walk

530 W Grand

1.97 miles away|38 min walk

321 N LaSalle

2 miles away|39 min walk

320 N LaSalle

2.01 miles away|39 min walk

Chicago & Milwaukee (Blue Line)

2.19 miles away|42 min walk

Chicago (Blue)

2.21 miles away|43 min walk

Chicago-Blue

2.21 miles away|43 min walk

Chicago & Racine

2.32 miles away|45 min walk

AM Michigan & Randolph (Chicago)

2.38 miles away|46 min walk

Broadway & Diversey

2.4 miles away|46 min walk

Chicago & Elizabeth

2.46 miles away|48 min walk

Canal & Randolph

2.49 miles away|48 min walk

Broadway & Surf

2.54 miles away|49 min walk

Canal & Randolph/Washington

2.56 miles away|50 min walk

Chicago & Noble

2.61 miles away|50 min walk

Ashland & North Ave

2.65 miles away|51 min walk

Ashland & Blackhawk

2.65 miles away|51 min walk

Broadway & Wellington

2.68 miles away|52 min walk

Canal & Madison

2.69 miles away|52 min walk

The Neighbourhood: 1516 North State Parkway Condominiums

The Gold Coast, located in Cook County, IL, exudes historical elegance and contemporary luxury. This prestigious neighborhood is renowned for its magnificent mansions, luxury high-rises, and tree-lined streets. Residents and visitors can indulge in upscale shopping, gourmet dining, and vibrant nightlife. Cultural landmarks and pristine lakeside parks add to its allure. The area's strategic location offers seamless access to Lake Shore Drive, making commuting a breeze. Public transportation options are plentiful, providing easy connectivity to the rest of Chicago.

Next

Neighbourhood Description

The Gold Coast, located in Cook County, IL, exudes historical elegance and contemporary luxury. This prestigious neighborhood is renowned for its magnificent mansions, luxury high-rises, and tree-lined streets. Residents and visitors can indulge in upscale shopping, gourmet dining, and vibrant nightlife. Cultural landmarks and pristine lakeside parks add to its allure. The area's strategic location offers seamless access to Lake Shore Drive, making commuting a breeze. Public transportation options are plentiful, providing easy connectivity to the rest of Chicago.

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1516 North State Parkway Condominiums Demographics

Age Demographics

0–14 Years

6.72%

15–29 Years

32.7%

30–44 Years

22.43%

45–59 Years

14.83%

60+ Years

23.32%

Commute

29.37%

Transit

21.79%

Walk

22.52%

Drive

2.16%

Bike

Housing Ownership

40.74%

Owner Occupied

59.26%

Rental Units

Household Types

Single Family
8.26%
Multi Family
0.67%
Single Person
58.88%
Multi Person
41.12%

Average Income

Household:$11,348,889.6 /yr

Individual:$10,459,667.5 /yr

Education

Bachelors Degree42.93%
High School College5.1%
Diploma2.39%
Post Graduate39.3%
Others10.29%
Next

Education

Diploma2.39%
Post Graduate39.3%
Others10.29%
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    1516 North State Parkway Condominiums
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