540 N State St #5503, Chicago, IL 60654
Property image
Property image
OFF MARKET

540 N State St #5503
Chicago, IL 60654

River North
  • 3 Beds
  • 2 Baths
  • 2,310 sqft

$1,031,500

Trulia Estimate
as of Jul 13, 2026
Est. Refi. Payment $6,996/mo*
Refinance Your Home

$1,031,500

Trulia Estimate
as of Jul 13, 2026
Est. Refi. Payment $6,996/mo*
Refinance Your Home
3 Beds
2 Baths
2,310 sqft

Local Information

  • Map ViewExplore the area around 540 N State St #5503.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Description

3 Bedroom Duplex Penthouse at Grand Plaza on the 55th floor! Panoramic city views from every window and wrap around balcony. 18 ft ceiling height, floor to ceiling windows. Gas fireplace in living room. 3rd bedroom has glass half wall overlooking living . Tons of closet space. Utility fee $130 covers everything but electric. Full amenity building with outdoor pool, party room, running track, pet friendly, with dog run. 24 Hr door staff and more.
540 N State St #5503, Chicago, IL 60654 is a 3 bedroom, 2 bathroom, 2,310 sqft condo in River North, built in 2003. More recently, it was listed as a rental in June 2020 with an asking price of $5,700 per month. That rental listing was removed on July 14, 2020. It is currently off market. The Trulia Estimate is $1,031,500, with a rent estimate of $6,460/month.

Home Highlights

Parking
Garage
Outdoor
Deck, Pool
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
Less than a day ago

Home Details for 540 N State St #5503

Interior Features

Heating & Cooling
Heating: GasAir ConditioningCooling System: CentralHeating Fuel: Gas
Interior Details
Types of Rooms: Dining Room
Appliances & Utilities
DishwasherDisposalDryerMicrowaveRefrigeratorWasher
Fireplace & Spa
Fireplace
Levels, Entrance, & Accessibility
ElevatorFloors: Tile, Hardwood, Laminate

Property Information

Year Built
Year Built: 2003
Property Type / Style
Property Type: Condo

Exterior Features

Exterior Home Features
DeckExterior: Cement Concrete
Pool
Pool
Parking & Garage
GarageParking Space: 1Parking: Garage Attached

Building

Pool
Sauna

Price History for 540 N State St #5503

DatePriceEventSource
07/14/2020$5,700ListingRemovedAgent Provided
06/22/2020$5,700Listed For RentAgent Provided

Market trends in River North

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$427K
$38.67KMoM
Sale-to-List Price
99.0%
0.7%MoM
Price per sq ft
$396
$5MoM
Available listings
307
33MoM
Skip to last item
  • Results are loading
Skip to first item

Comparable Sales for 540 N State St #5503

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
630 N State St #2205, Chicago, IL
0.13
Condo
$815,000
11/21/25
3
2
2,050
630 N State St #2601, Chicago, IL
0.13
Condo
$689,000
06/12/26
3
2
1,900
635 N Dearborn St #2005, Chicago, IL
0.12
Condo
$620,000
11/07/25
3
2
1,622
635 N Dearborn St #1705, Chicago, IL
0.12
Condo
$500,000
12/24/25
3
2
1,622
55 E Erie St #1504, Chicago, IL
0.17
Condo
$765,000
03/11/26
3
2
1,786
55 E Erie St #1804, Chicago, IL
0.17
Condo
$840,000
03/16/26
3
2
1,762
55 E Erie St #1604, Chicago, IL
0.17
Condo
$828,000
11/17/25
3
2
1,762
33 W Ontario St #58E, Chicago, IL
0.09
Condo
$845,000
10/03/25
3
2.5
2,700
10 E Ontario St #480102, Chicago, IL
0.13
Condo
$915,000
05/22/26
3
3
2,200
545 N Dearborn St #W2101, Chicago, IL
0.03
Condo
$460,000
11/24/25
2
2
1,350

Nearby homes

Get a sense of prices in the area by checking nearby homes.
Skip to last item
Skip to first item

Assigned Schools

These are the assigned schools for 540 N State St #5503.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

River North
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about River North

At least 340 Trulia users voted on each feature.

  • 90 % Say there are sidewalks

  • 88 % Say it's walkable to restaurants

  • 86 % Say it's dog friendly

  • 82 % Say streets are well-lit

  • 76 % Say it's walkable to grocery stores

  • 64 % Say people would walk alone at night

  • 60 % Say there's holiday spirit

  • 44 % Say parking is easy

  • 40 % Say it's quiet

  • 39 % Say they plan to stay for at least 5 years

  • 39 % Say there are community events

  • 37 % Say neighbors are friendly

  • 30 % Say car is needed

  • 27 % Say yards are well-kept

  • 27 % Say kids play outside

  • 18 % Say there's wildlife

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "this is an incredible area - please visit the parks, museums, shopping & entertainment available within walking distance."
    1
    Flag
  • Anna H.
    "I walk to work but there is a lot of trains and buses to take you anywhere you need. Citibikes and cabs are also eassy to find. "
    1
    Flag
  • Slmtm1
    "central location, very quit ride to most downtown neighborhoods. amazing sunset views from our balcony. there are actually green spaces/parks."
    8
    Flag
  • Mary P. C.
    "Very dog friendly. Easy to walk places and lots of access to Divvy bikes. The River Walk is a lovely place to walk the dog, and also to exercise. "
    0
    Flag
  • Cameron J.
    "the whole area has a great vibe. And the amenities close by are awesome. Not to mention there are several ways to get to and from the area "
    0
    Flag
  • Sasha N.
    "Dog friendly, awesome park, many people drive fancy cars, the area could use a grocery store, overall good but it can feel unsafe walking at night "
    0
    Flag
  • Andrewpotzap
    "It's very urban with a lot of tourists and traffic. I wouldn't recommend this area to families but thg is good for professionals and busy working individuals. "
    0
    Flag
  • Xaiver T.
    "It is for young urban community that is not kid friendly. I also feel that is over priced as well as horrible parking prices and options . Please be mindful it is downtown living seniors and children I recommend subregion. The size of the condos down here are very limited "
    2
    Flag
  • Carlos C.
    "Yes... Dog owners would love to there.. hthey have lots of paths and lots of other dogs to play with "
    0
    Flag
  • Paulac27
    "Very dog friendly with lots of dog owners walking about with their doggies. Dog parks are very accessible and well kept. "
    0
    Flag
  • ChristinaM
    "This is a great location for commuting. Easy access to bus and trains. Middle of downtown and feels safe. "
    0
    Flag
  • Rstaylor3
    "This area is very commercial but very beautiful. I am visiting and I am highly impressed with the community and cleanliness of the city."
    0
    Flag
  • Shaundamack
    "There’s very little green space to walk your dog. A ton of street noises, traffic, cars honking, sirens. If your dog isn’t used to city life he may not enjoy all of the excitement."
    0
    Flag
  • Elias
    "Combination of proximity to loop, a neighborhood feel, night life and building finishes make this neighborhood unique"
    5
    Flag
  • Jamie M.
    "River North. Parking is plenty with a permit or temp permit. Best neighborhood in city. Must love dogs, two dog parks in area. "
    0
    Flag
  • Henderson b.
    "The brown and red line train are very close. Frequent buses. Easy to also catch the bus to the blue line which will get you to O’Hare "
    0
    Flag
  • Bushra
    "I've lived here for about 7 months and it's great since I don't have kids. I dont think I would live in River North with children"
    6
    Flag
  • Drucilla D.
    "It's like a proper neighborhood in the middle of downtown Chicago. Everything is convenient, from the Jewel and the train, to the library or Prada. "
    4
    Flag
  • Amirk
    "Frank Lloyd write and Hemingway chose this town too Crowd is good. It’s safe. And apart from level of taxes and direction it’s all going life is good here today "
    1
    Flag
  • Henderson b.
    "Easy to walk. Lots of amenities. Great access to public transportation and access to the highway. Central location is awesome"
    0
    Flag
  • Drjborowicz
    "Close to parks, restaurants, nightlife but still far enough away to have a neighborhood feel & raise a family "
    2
    Flag
  • Henderson b.
    "Very walkable. Close to everything. Nice access to brown line. Good parks. Can ride bus or bike to beach "
    0
    Flag

LGBTQ Local Legal Protections

Apartments for Rent

Skip to last item
Skip to first item

Explore by feature - Pet Friendly

4521 pet-friendly rentals in Chicago, IL

Explore by feature - Garage

1805 rentals with a garage in Chicago, IL

Explore by feature - Air Conditioning

5402 rentals with air conditioning in Chicago, IL

Explore by feature - Pool

654 rentals with a pool in Chicago, IL

Explore by feature - Washer/dryer

5760 rentals with a washer/dryer in Chicago, IL

Explore by feature - Outdoor Space

388 rentals with an outdoor space in Chicago, IL

Homes for sale near 540 N State St #5503

Skip to last item
Skip to first item

Off Market Homes Near 540 N State St #5503

Skip to last item
Skip to first item