Be the first to live in this newly rehabbed two bedroom, two bathroom loft with prime South Loop location and contemporary finishes. Spacious open concept layout with all the unique loft details like exposed brick and ductwork, high ceilings, and huge windows showcasing the cityscape views. Filled with natural light the living space is centered around an inviting gas fireplace with brand new surround and mantle. Seamless flow between living and dining space with new luxury vinyl flooring throughout and a large private balcony. The brand new kitchen features sleek white cabinetry with plenty of storage space, eat-in island with quartz countertops, stylish new backsplash and all new stainless steel appliances. Spacious primary suite with dual closets and a fully updated ensuite bathroom with dual sink vanity and walk in shower. Large second bedroom with ample closet space and updated guest bathroom. In-unit washer dryer and freshly painted throughout. Attached garage parking space available for $25k. Excellent South Loop location near parks, Museum Campus, the Lakefront Trail, shops and restaurants, with convenient access to the loop, public transportation and expressways.
Closed
$377,500
1516 S Wabash Ave #605, Chicago, IL 60605
2beds
1,250sqft
Condominium, Apartment, Single Family Residence
Built in 1998
-- sqft lot
$408,200 Zestimate®
$302/sqft
$3,180 Estimated rent
Home value
$408,200
$388,000 - $429,000
$3,180/mo
Zestimate® history
Owner options
List your home for rent
$3,180/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$3,180/mo
Rent Zestimate®
Refinance and save
$3,349/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$3,349/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Contemporary finishesLakefront trailSleek white cabinetryHigh ceilingsPlenty of storage spaceSpacious primary suiteNatural light
Zillow last checked:
Listing updated:
Listed by:
Nadine Ferrata 773-482-1917,
Compass
Bought with:
Emily Sachs Wong
@properties Christie's International Real Estate
Source: MRED as distributed by MLS GRID,MLS#: 11915185
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Balcony/Porch/Lanai
Primary bedroom
- Features: Bathroom (Full)
- Level: Main
- Area: 154 Square Feet
- Dimensions: 14X11
Bedroom 2
- Level: Main
- Area: 140 Square Feet
- Dimensions: 10X14
Balcony porch lanai
- Level: Main
- Area: 60 Square Feet
- Dimensions: 5X12
Dining room
- Level: Main
- Dimensions: COMBO
Kitchen
- Level: Main
- Area: 72 Square Feet
- Dimensions: 12X6
Living room
- Level: Main
- Area: 357 Square Feet
- Dimensions: 21X17
Heating
- Natural Gas, Forced Air
Cooling
- Central Air
Appliances
- Laundry: Washer Hookup, In Unit
Features
- Elevator, Storage
- Basement: None
- Number of fireplaces: 1
- Fireplace features: Living Room
Interior area
- Total structure area: 0
- Total interior livable area: 1,250 sqft
Property
Parking
- Total spaces: 1
- Parking features: On Site, Attached, Garage
- Attached garage spaces: 1
Accessibility
- Accessibility features: No Disability Access
Features
- Exterior features: Balcony
Details
- Parcel number: 17221060741029
- Special conditions: List Broker Must Accompany
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium, Apartment, Single Family Residence
Materials
- Brick
Condition
- New construction: No
- Year built: 1998
- Major remodel year: 2023
Utilities & green energy
- Sewer: Public Sewer
- Water: Lake Michigan
Community & HOA
HOA
- Has HOA: Yes
- Amenities included: Elevator(s), Exercise Room, Storage, Service Elevator(s)
- Services included: Water, Cable TV, Exercise Facilities, Scavenger, Internet
- HOA fee: $651 monthly
Location
- Region: Chicago
Financial & listing details
- Price per square foot: $302/sqft
- Tax assessed value: $354,510
- Annual tax amount: $6,642
- Date on market: 10/23/2023
- Listing terms: Conventional
- Ownership: Condo
Price history
| Date | Event | Price |
|---|---|---|
| 5/30/2024 | Sold | $377,500+0.7%$302/sqft |
Source:  MRED as distributed by MLS GRID #11915185 Report a problem | ||
| 1/24/2024 | Pending sale | $375,000$300/sqft |
Source: MRED as distributed by MLS GRID #11915185 Report a problem | ||
| 12/18/2023 | Contingent | $375,000$300/sqft |
Source: MRED as distributed by MLS GRID #11915185 Report a problem | ||
| 10/23/2023 | Price change | $375,000-5.9%$300/sqft |
Source: MRED as distributed by MLS GRID #11915185 Report a problem | ||
| 8/16/2023 | Listed for sale | $398,500+44.4%$319/sqft |
Source: MRED as distributed by MLS GRID #11861640 Report a problem | ||
| 11/25/2002 | Sold | $276,000-3.2%$221/sqft |
Source: Public Record Report a problem | ||
| 5/16/2001 | Sold | $285,000+42.5%$228/sqft |
Source: Public Record Report a problem | ||
| 1/29/1999 | Sold | $200,000$160/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $6,484 -7% | $35,451 -2.2% |
| 2023 | $6,974 +2.9% | $36,263 |
| 2022 | $6,776 +2% | $36,263 |
| 2021 | $6,642 +11.7% | $36,263 +21.7% |
| 2020 | $5,945 +2% | $29,790 -8.2% |
| 2019 | $5,828 +1.7% | $32,435 |
| 2018 | $5,728 +12.6% | $32,435 +20.1% |
| 2017 | $5,088 +3.6% | $27,013 |
| 2016 | $4,910 +9.9% | $27,013 |
| 2015 | $4,469 +15.8% | $27,013 +15.6% |
| 2014 | $3,860 +2.3% | $23,371 |
| 2013 | $3,772 +0.7% | $23,371 |
| 2012 | $3,746 -16.1% | $23,371 -20.9% |
| 2011 | $4,462 +11% | $29,558 |
| 2010 | $4,021 +9.2% | $29,558 |
| 2009 | $3,684 +12.3% | $29,558 +0.4% |
| 2008 | $3,280 +3.2% | $29,432 |
| 2007 | $3,179 +0.8% | $29,432 |
| 2006 | $3,154 -5.1% | $29,432 +7.7% |
| 2005 | $3,325 +1.9% | $27,340 |
| 2004 | $3,263 +4.5% | $27,340 |
| 2003 | $3,124 -13.9% | $27,340 +35.3% |
| 2002 | $3,630 +3.8% | $20,205 |
| 2001 | $3,499 | $20,205 |
| 2000 | -- | $20,205 |
Find assessor info on the county website
Neighborhood: South Loop
Nearby homes
- $370,9002 bd2 ba1.2k sqft1516 S Wabash Ave APT 1003, Chicago, IL 60605Off Market
- $405,9002 bd1 ba1.1k sqft1516 S Wabash Ave APT 201, Chicago, IL 60605Off Market
- $399,9002 bd1 ba1k sqft1516 S Wabash Ave APT 301, Chicago, IL 60605Off Market
- $355,0002 bd2 ba-- sqft1516 S Wabash Ave APT 401, Chicago, IL 60605Sold
- $407,6002 bd2 ba1.2k sqft1516 S Wabash Ave #601, Chicago, IL 60605Off Market
- $464,7002 bd2 ba1.3k sqft1516 S Wabash Ave #202, Chicago, IL 60605Off Market
- $389,400-- bd-- ba-- sqft1516 S Wabash Ave #302, Chicago, IL 60605Off Market
- $415,7002 bd2 ba1.3k sqft1516 S Wabash Ave APT 402, Chicago, IL 60605Off Market
- $376,000-- bd-- ba-- sqft1516 S Wabash Ave #502, Chicago, IL 60605Off Market
Nearby schools
GreatSchools rating
- 8/10South Loop Elementary SchoolGrades: PK-8Distance: 0.2 mi
- 1/10Phillips Academy High SchoolGrades: 9-12Distance: 2.6 mi
Schools provided by the listing agent
- District: 299
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$408,200
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$408,200
- Illinois
- Cook County
- Chicago
- 60605
- South Loop
- 1516 S Wabash Ave Unit 605
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Chicago Topics
