1516 S Wabash Avenue Unit 306
Chicago, IL 60605
- 2 beds
- 1 bath
- – sqft
- 11,250 sqft lot
- 1920 build
- – on site
Discover the perfect blend of urban charm and modern luxury in this beautifully remodeled 2-bedroom, 1-bath concrete loft in the heart of Chicago's historic South Loop. This spacious condo offers the ideal loft aesthetic with exposed brick, soaring ceilings, and massive oversized windows that flood the space with natural light and provide breathtaking skyline and green views. The open floor plan features a sleek, updated kitchen with stainless steel appliances, quartz countertops, and ample cabinet space, seamlessly flowing into the expansive living room. Step out onto your private balcony and take in the serene views of the park, the city skyline, and the iconic Soldier Field- perfect for morning coffee or evening relaxation. Both bedrooms are generously sized, easily accommodating king-size beds. The primary bedroom boasts true Chicago city views, a spacious his-and-hers closet with custom built-in shelving, while the second bedroom includes a walk-in closet for added convenience. The newly remodeled bathroom and newer floors throughout make this loft move-in ready. Additional features include an in-unit washer and dryer, newer mechanicals, and indoor heated garage parking INCLUDED. This well-maintained building is managed with healthy reserves, ensuring peace of mind for future homeowners. Located on a quiet, tree-lined street, this prime South Loop location is just steps away from a local park, historic Soldier Field, Grant Park, the Museum Campus, Lake Michigan, and the Orange Line, making it an exceptional place to call home. Workout room available as well as additional storage. Don't miss your chance to live in one of Chicago's most vibrant neighborhoods!
Listing courtesy of MRED / PAK Home Realty as distributed by MLS GRID
Last checked:
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Last updated Jan 1, 2025
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MLS# 12208676 —
The Building
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Year Built:1920
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Rebuilt:No
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New Construction:false
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Basement:None
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Disability Access:Yes
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Accessibility Features:Wheelchair Accessible
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Other Equipment:TV-Cable, Security System, Intercom
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Stories Total:11
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Living Area Source:Not Reported
Interior
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Room Type:No additional rooms
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Rooms Total:5
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Interior Features:Elevator, Hardwood Floors, Wood Laminate Floors, Laundry Hook-Up in Unit, Storage, Walk-In Closet(s)
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Fireplaces Total:1
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Fireplace Features:Gas Log, Gas Starter
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Fireplace Location:Living Room
Location
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Directions:Go East on Archer Ave, to Wabash Ave, North to property.
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Location:88403
The Property
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Parcel Number:17221060741032
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Property Type:Residential
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Location:A
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Lot Size Dimensions:75X150
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Waterfront:false
Listing Agent
- Contact info:
- Agent phone:
- (773) 332-1826
- Office phone:
- (708) 417-4983
Taxes
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Tax Year:2023
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Tax Annual Amount:6992.1
Beds
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Bedrooms Total:2
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Bedrooms Possible:2
Baths
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Baths:1
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Full Baths:1
The Listing
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Special Listing Conditions:None
Heating & Cooling
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Heating:Natural Gas, Forced Air
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Cooling:Central Air
Utilities
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Sewer:Public Sewer
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Electric:Circuit Breakers, 100 Amp Service
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Water Source:Public
Schools
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Elementary School District:299
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Middle Or Junior School District:299
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High School District:299
The Community
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Pets Allowed:Cats OK, Dogs OK, Number Limit
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Association Amenities:Bike Room/Bike Trails, Elevator(s), Exercise Room, Storage, On Site Manager/Engineer, Park, Security Door Lock(s), Service Elevator(s), Intercom
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Association Fee:670
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Association Fee Includes:Water, Parking, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Internet
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Association Fee Frequency:Monthly
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Master Assoc Fee Frequency:Not Required
Parking
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Parking Total:1
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Garage Type:Attached
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Garage Spaces:1
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Garage Onsite:Yes
Monthly cost estimate
Asking price
$370,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$1,981
|
Taxes | $582 |
Insurance | $101 |
HOA fees | $670 |
Utilities | N/A |
Total | $3,334/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
11/12/24
Nov 12, 2024
|
Listed / Active | MRED | $370,000 | 15.6% (4.9% / YR) |
10/17/24
Oct 17, 2024
|
Listed / Active | MRED | ||
7/23/24
Jul 23, 2024
|
Price Changed | MRED |
51% of nearby similar homes sold for over asking price
Similar homes that sold in bidding wars went $15k above asking price on average, but some went as high as $48k over asking price.