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  • $485,000

    1616 S Indiana Ave Unit B3, Chicago, IL 60616

    2beds
    --sqft
    Condominium, Duplex, Single Family Residence
    Built in 1996
    -- sqft lot
    $497,400 Zestimate®
    $--/sqft
    $3,676 Estimated rent

    Home value

    $497,400

    $448,000 - $552,000

    $3,676/mo

    Zestimate® history
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    $3,803/mo

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    What's special

    En-suite bathExterior brick sealingFresh paintBuilt-in murphy bedLarge walk-in closetSpacious walk-in closetNew roof
    Situated in the heart of the South Loop along iconic Indiana Avenue, this sprawling 2-bedroom, 2-bathroom duplex condo offers the perfect blend of space, updates, and outdoor living. Enjoy both a private front patio on the main level and a secluded terrace off the primary bedroom suite-ideal for relaxing, entertaining, or gardening. The primary bedroom is conveniently located on the main level, featuring an en-suite bath and a spacious walk-in closet. The second bedroom is located on the lower level and includes a built-in Murphy bed and large walk-in closet, making it a perfect flexible space for use as a guest room, home office, or both. Inside, the home boasts newly refinished hardwood floors throughout (2025), brand-new carpet on the stairs (2025), and fresh paint. The kitchen has been upgraded with all-new appliances (2025), and there is a new front-loading LG washer and dryer (2025). Major mechanicals have been well maintained, including a new furnace (2021) and AC condenser (2023). Building improvements include a new roof (2017) and exterior brick sealing (2023). This well-managed, primarily owner-occupied community offers no rental cap, strong reserves, and no planned special assessments. One large attached garage parking space is included. All of this in an unbeatable South Loop location-just steps to Jewel grocery, public transportation (train + bus), award-winning restaurants, shopping, the lakefront, bike trails, dog parks, museums, farmers markets, and more.

    Zillow last checked:

    Listing updated:

    Listing courtesy of:

    Laura Meier 312-282-2122,

    @properties Christie's International Real Estate,

    Nicholas Haubrich 262-412-3741,

    @properties Christie's International Real Estate

    Bought with:

    Lisa Blume

    Keller Williams ONEChicago

    Source: MRED as distributed by MLS GRID,MLS#: 12507166MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Primary bedroom
    • Features: Flooring (Hardwood), Bathroom (Full)
    • Level: Second
    • Area: 204 Square Feet
    • Dimensions: 17X12
    Bedroom 2
    • Features: Flooring (Hardwood)
    • Level: Main
    • Area: 238 Square Feet
    • Dimensions: 17X14
    Dining room
    • Features: Flooring (Hardwood)
    • Level: Second
    • Area: 190 Square Feet
    • Dimensions: 19X10
    Kitchen
    • Features: Flooring (Hardwood)
    • Level: Second
    • Area: 96 Square Feet
    • Dimensions: 12X8
    Laundry
    • Level: Main
    • Area: 16 Square Feet
    • Dimensions: 4X4
    Living room
    • Features: Flooring (Hardwood)
    • Level: Second
    • Area: 210 Square Feet
    • Dimensions: 15X14
    Other
    • Level: Main
    • Area: 231 Square Feet
    • Dimensions: 21X11
    Heating
    • Natural Gas, Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Humidifier
    • Laundry: Washer Hookup, Gas Dryer Hookup, In Unit, Laundry Closet
    Features
    • Flooring: Hardwood
    • Basement: None
    • Number of fireplaces: 1
    • Fireplace features: Gas Log, Living Room
    Interior area
    • Total structure area: 0

    Property

    Parking
    • Total spaces: 1
    • Parking features: Garage Door Opener, Yes, Garage Owned, Attached, Garage
    • Attached garage spaces: 1
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: No Disability Access
    Details
    • Parcel number: 17223020491004
    • Special conditions: List Broker Must Accompany
    • Other equipment: Intercom

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium, Duplex, Single Family Residence
    Materials
    • Brick
    Condition
    • New construction: No
    • Year built: 1996

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer
    • Water: Lake Michigan

    Community & neighborhood

    Security
    • Security features: Security System
    Location
    • Region: Chicago

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $391 monthly
    • Services included: Water, Insurance, Scavenger, Snow Removal

    Other

    Other facts
    • Listing terms: Conventional
    • Ownership: Condo

    Price history

    DateEventPrice
    1/9/2026Sold$485,000-3%
    Source: MRED as distributed by MLS GRID #12507166 Report a problem
    11/29/2025Contingent$500,000
    Source: MRED as distributed by MLS GRID #12507166 Report a problem
    10/30/2025Listed for sale$500,000+13.6%
    Source: MRED as distributed by MLS GRID #12507166 Report a problem
    5/25/2018Sold$440,000-2.2%
    Source: MRED as distributed by MLS GRID #09902790 Report a problem
    4/18/2018Pending sale$449,900
    Source: Holt Residential LLC #09902790 Report a problem
    4/3/2018Listed for sale$449,900
    Source: Holt Residential LLC #09902790 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024-- $44,633 +14.4%
    2023$8,255 +2.6%$38,999
    2022$8,046 +2.3%$38,999
    2021$7,866 -4.9%$38,999 +5.1%
    2020$8,269 +1.8%$37,120 -8.2%
    2019$8,120 +11.2%$40,418
    2018$7,305 +12.1%$40,418 +20.2%
    2017$6,515 +4.4%$33,639
    2016$6,237 +9.7%$33,639
    2015$5,684 +41.3%$33,639 +38.8%
    2014$4,021 +2.3%$24,242
    2013$3,931 +0.7%$24,242
    2012$3,902 -8%$24,242 -14.1%
    2011$4,244 +10.3%$28,209
    2010$3,846 +10.7%$28,209
    2009$3,473 +5.9%$28,209 +2.7%
    2008$3,281 +3.2%$27,477
    2007$3,180 +0.8%$27,477
    2006$3,155 -5.1%$27,477 +3.2%
    2005$3,326 +1.9%$26,634
    2004$3,264 +4.5%$26,634
    2003$3,125 -13.9%$26,634 +31.8%
    2002$3,631 +15.3%$20,210
    2001$3,149 -10%$20,210
    2000$3,497 $20,210 +0%
    1999-- $20,205

    Find assessor info on the county website

    Neighborhood: South Loop

    Nearby schools

    GreatSchools rating
    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.

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    Estimated market value
    $497,400
    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
    $497,400