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50 E 16th Street Unit 1405

Chicago, IL 60616

3 beds
2 baths
– sqft
2008 build
– on site

Discover the epitome of luxury living in this stunning South Loop 3 bed, 2 bath penthouse condo, offering unparalleled views of Lake Michigan from every room at The Guild. Start your day with a breathtaking sunrise and unwind in the evening on your expansive 15' x 45' terrace, enjoying the city lights and museum campus in the background. This one-of-a-kind outdoor space is perfect for entertaining. Ample space for your fur baby or kid space to play! Inside, the open layout features soaring 10' ceilings and wall-to-wall 8' windows, flooding the space with natural light and showcasing the expansive Lake and City views. The bright, modern kitchen boasts white subway tile backsplash, quartz countertops, stainless steel appliances, and a range hood. Retreat to the generous master bedroom, where you'll find stunning views of the Willis-Sears Tower lights and museum campus at night. This serene space includes blackout shades, custom draperies, and a walk-in closet outfitted by Closet Works. The luxurious en-suite master bath features a soaking tub, large separate shower, dual sink vanity, linen closet, and a mounted TV. The second bedroom includes blackout blinds and a spacious Closet Works organized closet. The second bathroom also features a soaking tub. The versatile third bedroom can serve as an office or guest room, with a custom queen-size Murphy bed and a full wall Closet Works organized closet. High-end light fixtures throughout the condo include Rejuvenation fixtures in the master bedroom and a Pottery Barn chandelier in the dining room. The laundry room is equipped with a front-load washer/dryer and plenty of extra storage space. Enjoy dual zone climate control with a Nest system in the master bedroom and additional storage in the garage. The building offers top-notch amenities, including a 2000 sq ft gym designed by LifeTime Fitness and a 24-hour doorman. Conveniently located across from Fred Anderson dog park, a short walk to Grant Park, Museum Park, Shedd Aquarium, Soldier Field, the Lake, and the El. A prime 2-car tandem parking space is available for an additional. Storage locker included. Experience the best of city living with exceptional views and luxurious amenities in this remarkable penthouse condo.

Listing courtesy of MRED / Jameson Sotheby's Int'l Realty as distributed by MLS GRID

Last checked: Checking… • Last updated Dec 19, 2024 •

MLS# 12151199 —

The Building

Year Built:

2008
Rebuilt:

No
New Construction:

false
Basement:

None
Disability Access:

No
Stories Total:

14
Living Area Source:

Not Reported

Interior

Room Type:

Terrace
Rooms Total:

6
Interior Features:

Hardwood Floors, Laundry Hook-Up in Unit, Walk-In Closet(s), Open Floorplan, Some Window Treatment, Dining Combo
Fireplaces Total:

1
Fireplace Features:

Decorative
Fireplace Location:

Living Room
Laundry Features:

In Unit

Location

Directions:

Roosevelt to Michigan Ave. South to 16th. West to Property.
Location:

88554

The Property

Parcel Number:

17221070701170
Property Type:

Residential
Lot Size Dimensions:

CONDO
Rural:

N
Waterfront:

false
Additional Parcels:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Tax Annual Amount:

10940.81

Beds

Bedrooms Total:

3
Bedrooms Possible:

3

Baths

Baths:

2
Full Baths:

2

The Listing

Special Listing Conditions:

None

Heating & Cooling

Heating:

Electric, Forced Air
Cooling:

Central Air

Utilities

Sewer:

Public Sewer
Water Source:

Lake Michigan, Public

Appliances

Appliances:

Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s), Range Hood

Schools

Elementary School:

South Loop Elementary School
Elementary School District:

299
Middle Or Junior School District:

299
High School District:

299

The Community

Pets Allowed:

Cats OK, Dogs OK, Number Limit
Association Amenities:

Bike Room/Bike Trails, Door Person, Elevator(s), Exercise Room, On Site Manager/Engineer, Receiving Room, Security Door Lock(s)
Association Fee:

1105
Association Fee Includes:

Heat, Air Conditioning, Water, Gas, Parking, Insurance, Security, Doorman, TV/Cable, Exercise Facilities, Exterior Maintenance, Scavenger, Snow Removal, Internet
Association Fee Frequency:

Monthly
Master Assoc Fee Frequency:

Not Required

Parking

Parking Total:

2
Garage Type:

Attached
Garage Spaces:

2
Garage Onsite:

Yes
Garage Ownership:

Deeded Sold Separately

Monthly cost estimate

Asking price

$825,000

Expense	Monthly cost
Mortgage	$4,417
Taxes	$911
Insurance	$226
HOA fees	$1,105
Utilities	N/A
Total	$6,659/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
9/10/24 Sep 10, 2024	Listed / Active	MRED	$825,000	5.9% (2.0% / YR)
7/31/24 Jul 31, 2024	Listed / Active	MRED
10/8/21 Oct 8, 2021		MRED	$779,000	5.4%

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This condo located in Downtown, Chicago, IL 60616 is currently for sale for $825,000. 50 E 16th Street Unit 1405 is a – square foot condo with 3 beds and 2 baths that has been on Estately for 119 days. 50 E 16th Street Unit 1405 is in the Downtown neighborhood of Chicago and has a WalkScore® of 93, making it a walker’s paradise. This condo is in the attendance area of South Loop Elementary School and Phillips Academy High School.

Listing courtesy of MRED, Jameson Sotheby's Int'l Realty, and Sophia Klopas as distributed by MLS GRID.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Signal Real Estate are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
© 2025 Midwest Real Estate Data LLC
Information deemed reliable but not guaranteed by MLS GRID. Use of MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time.

Based on information submitted to MLS GRID as of Dec 19, 2024, 10:20 pm. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.