Brokerage company officer lists South Loop 3BD

Medium ed2a605350a65a030460bda62d7caca5 David and Sharon Schmueck have listed for sale a three-bedroom, three-bath condo at 1530 S. State St. in the South Loop for $825,000.

The Schmuecks paid $670,000 for the property in Sept. 2007. The 2,400-square-foot Unit #18G is part of the Dearborn Tower condominium development. Colleen Harper of @properties is the agent for the listing.

Mr. Schmueck is a compliance officer and quality assurance manager at LiquidPoint, a Chicago-based company that specializes in derivatives execution management technology and brokerage services. He joined the company in 2000. He previously worked for the full service broker-dealers Kidder Peabody and Paine Webber and spent three years working as an independent trader.

Sales at the Dearborn Tower were down 12.9 percent from 2007-08, while the median sales price was up two percent during that time.

There were 69 condo sales in the South Loop in 2008, with a median price of $306,000.
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