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Off market
  • $370,500

    1516 S Wabash Ave #606, Chicago, IL 60605

    2beds
    1,180sqft
    Condo
    Built in 1921
    -- sqft lot
    $370,500 Zestimate®
    $314/sqft
    $2,849 Estimated rent

    Home value

    $370,500

    $348,000 - $393,000

    $2,849/mo

    Zestimate® history
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    What's special

    Newly renovated 2-bed, 1-bath North-East facing corner Loft on a 6th floor in a prime South Loop location with a stunning, unobstructed downtown panoramic views. Inviting foyer with a huge coat closet leads you to an open concept living area with a chic and modern kitchen completed with a quartz counter top and high-end stainless appliances. * Floor-to-ceiling windows * charming exposed brick and raw concrete columns * soaring 12-foot industrial ceiling * glamorous hardwood floors * cozy, gas burning fireplace * complements the stylish and spectacular look of the Loft. Relax or entertain, enjoying the view of Chicago skyscrapers (including Willis Tower) from the over-sized balcony right off the living/dining/kitchen area. Master bedroom hidden behind a modern barn-door has entire wall of closets with additional storage lofted above and again amazing views of Chicago architecture through a large window. Second fully enclosed bedroom also has spacious walk-in closet and is located next to a bathroom with a deep soaking tub. Unit also offers stackable washer/dryer, Central A/C (furnace and A/C unit just 1.5 year old), copper water lines (great water pressure!), sound-proof concrete ceilings and comes with a GARAGE parking spot (assigned, heated and secured) for additional $25,000. Don't need parking ?- sell or rent it out to another resident in a building. Basic monthly association fee is $522.16 plus additional mandatory services fees (Bulk Cable/TV-$39.82, Wi-Fi -$30 and Parking-$37.23) for a total amount of $629.21/mo. Rentals allowed (no rental cap, minimum 6 months rent)-current owner occupancy rate at 67%. Pet friendly building (dogs, cats, birds are welcomed, limited to 2 pets per unit, no weight limitations). This building, known to Chicagoans as Landmark Lofts is an 11-story boutique high-rise equipped with a secure entry system, exercise facility, bike room, storage & elevators. No special assessments here thanks to strong association and healthy reserves (~$91,000). Conveniently located...steps from Mariano's, Trader Joe's, Starbucks, Target, Coliseum Park, Fred Anderson Dog Park, Lake Michigan, Grant Park, museums and Soldier Field, Northerly Islands & Burnham Harbor. Plenty of restaurants & shopping in the area. Walk to The Roosevelt Collection shopping & movie theater. Easy access to 90/94, 290 & 55 expressways...3 blocks from Roosevelt El stop (Red/Orange/Blue/Green lines) . Welcome Home

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Heating
    • Forced air, Gas
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
    Features
    • Flooring: Hardwood
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 1,180 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Garage - Attached
    Features
    • Exterior features: Brick
    • Has view: Yes
    • View description: City
    Lot
    • Size: 0.39 Acres
    Details
    • Parcel number: 17221060741035

    Construction

    Type & style
    • Home type: Condo
    Materials
    • Roof: Other
    Condition
    • Year built: 1921

    Utilities & green energy

    • Sewer: Sewer-Public

    Community & HOA

    HOA
    • Has HOA: Yes
    • HOA fee: $629 monthly
    Location
    • Region: Chicago

    Financial & listing details

    • Price per square foot: $314/sqft
    • Tax assessed value: $322,920
    • Annual tax amount: $6,511

    Price history

    DateEventPrice
    1/28/2021Sold$330,000+4.8%$280/sqft
    Source: MRED as distributed by MLS GRID #10822714 Report a problem
    1/2/2021Contingent$314,900$267/sqft
    Source: HomeSmart via Local MLS #10822714 Report a problem
    12/3/2020Pending sale$314,900$267/sqft
    Source: Homesmart Connect LLC #10822714 Report a problem
    12/3/2020Contingent$314,900$267/sqft
    Source: MRED as distributed by MLS GRID #10822714 Report a problem
    10/21/2020Price change$314,900-1.6%$267/sqft
    Source: Homesmart Connect LLC #10822714 Report a problem
    9/4/2020Price change$319,900-8.6%$271/sqft
    Source: Homesmart Connect LLC #10822714 Report a problem
    8/27/2020Price change$349,900-2.8%$297/sqft
    Source: Homesmart Connect LLC #10822714 Report a problem
    8/18/2020Listed for sale$359,900+6%$305/sqft
    Source: Homesmart Connect LLC #10822714 Report a problem
    12/21/2018Sold$339,500+26.2%$288/sqft
    Source: MRED as distributed by MLS GRID #10099971 Report a problem
    10/6/2015Sold$269,000+5.5%$228/sqft
    Source: Public Record Report a problem
    9/8/2015Pending sale$255,000$216/sqft
    Source: Americorp Ltd #09002716 Report a problem
    8/24/2015Price change$255,000-3.8%$216/sqft
    Source: Americorp Ltd #09002716 Report a problem
    8/5/2015Listed for sale$265,000+6%$225/sqft
    Source: Americorp, Ltd #09002716 Report a problem
    6/3/2011Listing removed$250,000$212/sqft
    Source: RE/MAX Signature #07790716 Report a problem
    3/18/2011Price change$250,000-3.5%$212/sqft
    Source: RE/MAX Signature #07790716 Report a problem
    1/13/2011Price change$259,000+18.3%$219/sqft
    Source: RE/MAX Signature #07541641 Report a problem
    9/19/2010Price change$219,000-10.2%$186/sqft
    Source: RE/MAX Signature #07541641 Report a problem
    8/21/2010Price change$244,000-7.9%$207/sqft
    Source: RE/MAX Signature #07541641 Report a problem
    7/1/2010Price change$265,000-3.6%$225/sqft
    Source: RE/MAX Signature North #07541641 Report a problem
    6/2/2010Listed for sale$275,000-11.3%$233/sqft
    Source: RE/MAX Signature North #07541641 Report a problem
    5/8/2006Sold$310,000+13.6%$263/sqft
    Source: Public Record Report a problem
    4/22/2004Sold$273,000+25.5%$231/sqft
    Source: Public Record Report a problem
    3/20/2000Sold$217,500$184/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$6,511 -6.9%$32,292 -2.2%
    2023$6,992 +2.6%$33,031
    2022$6,815 +13.8%$33,031
    2021$5,990 +11.9%$33,031 +21.7%
    2020$5,354 +2%$27,134 -8.2%
    2019$5,247 +1.7%$29,544
    2018$5,157 +12.9%$29,544 +20.1%
    2017$4,570 +3.2%$24,605
    2016$4,428 +9.9%$24,605
    2015$4,028 +16%$24,605 +15.6%
    2014$3,473 +2.3%$21,288
    2013$3,394 +0.6%$21,288
    2012$3,372 -16.4%$21,288 -20.9%
    2011$4,035 -1.2%$26,923
    2010$4,085 +6.9%$26,923
    2009$3,823 +6.8%$26,923 +0.4%
    2008$3,581 +0.6%$26,809
    2007$3,558 -0.7%$26,809
    2006$3,584 -4.9%$26,809 +7.7%
    2005$3,770 -6.4%$24,903
    2004$4,028 +43%$24,903
    2003$2,818 -5.4%$24,903 +35.3%
    2002$2,979 +39.2%$18,403
    2001$2,140 $18,403 +27.9%
    2000-- $14,383
    Find assessor info on the county website

    Neighborhood: South Loop

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: South Loop Elementary School
    • Middle: South Loop Elementary School
    • High: Phillips Academy High School

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $370,500
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $370,500