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50 E 16th Street Unit 1405

Chicago, IL 60616

3 beds
2 baths
– sqft
2008 build
– on site

Experience luxury living at its finest in this exquisite 3 bedroom, 2 bath penthouse, offering sweeping panoramic views of the lake and skyline. Perfectly designed for both relaxation and entertaining, this home boasts a sprawling 15 x 45 foot private rooftop terrace -- an ideal outdoor space for gatherings, dining, or simply enjoying the breathtaking views of the city. The open floor plan seamlessly connects the expansive living room, separate dining area, and gourmet kitchen. The kitchen features sleek quartz countertops with waterfall edge, stainless steel appliances, and a range hood, plus a convenient eat-in counter with additional seating making it the heart of the home. Bedroom off the living area offers versatility with a murphy bed, perfect for guests, or an office space. The spacious primary bedroom features a generously sized en-suite bathroom with double vanity, separate tub and shower, and abundant storage. A third bedroom is located off the main hallway in addition to the secondary full bathroom. For added convenience, a full size stackable washer/dryer is included in the unit, along with a separate storage unit. This full-amenity building offers everything you need, including an exercise room, door staff, and elevator service. The location couldn't be more ideal-close to dog parks, shopping, restaurants, Grant Park, Museum Park, museums, the lake, and public transit. A 2-car tandem parking space is available for an additional $45K.

Listing courtesy of MRED / Compass as distributed by MLS GRID

Last checked: Checking… • Last updated Apr 24, 2025 •

MLS# 12319585 —

The Building

Year Built:

2008
Rebuilt:

No
New Construction:

false
Construction Materials:

Steel Siding, Glass, Concrete
Roof:

Other
Basement:

None
Foundation Details:

Concrete Perimeter
Patio And Porch Features:

Deck
Disability Access:

No
Other Equipment:

TV-Cable, Ceiling Fan(s)
Stories Total:

14
Living Area Source:

Not Reported
Entry Level:

14

Interior

Room Type:

Terrace
Rooms Total:

6
Interior Features:

Elevator, Storage, Built-in Features, Walk-In Closet(s), Open Floorplan, Dining Combo, Doorman, Lobby
Laundry Features:

Washer Hookup, In Unit
Flooring:

Hardwood

Location

Directions:

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

87291

The Property

Parcel Number:

17221070701170
Property Type:

Residential
Lot Features:

Corner Lot
Lot Size Dimensions:

COMMON
Waterfront:

false
Additional Parcels:

true
View:

Water

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Tax Annual Amount:

10940.5

Beds

Bedrooms Total:

3
Bedrooms Possible:

3

Baths

Baths:

2
Full Baths:

2

The Listing

Virtual Tour Unbranded:

Virtual Tour
Special Listing Conditions:

None

Heating & Cooling

Heating:

Electric, Forced Air
Cooling:

Central Air

Utilities

Sewer:

Public Sewer
Water Source:

Lake Michigan

Appliances

Appliances:

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

Schools

Elementary School:

South Loop Elementary School
Elementary School District:

299
Middle Or Junior School:

South Loop Elementary School
Middle Or Junior School District:

299
High School:

Phillips Academy High School
High School District:

299

The Community

Community Features:

Park
Pets Allowed:

Cats OK, Dogs OK, Number Limit
Association Amenities:

Door Person, Elevator(s), Exercise Room, Storage, On Site Manager/Engineer, Sundeck, Receiving Room, Valet/Cleaner
Association Fee:

1150
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
Parking Features:

Concrete, Garage Door Opener, Heated Garage, Tandem, On Site, Deeded, Attached, Garage
Garage Spaces:

2

Monthly cost estimate

Asking price

$825,000

Expense	Monthly cost
Mortgage	$4,417
Taxes	$911
Insurance	$226
HOA fees	$1,150
Utilities	N/A
Total	$6,704/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
4/24/25 Apr 24, 2025	Listed / Active	MRED	$825,000	5.9% (1.7% / YR)
9/10/24 Sep 10, 2024	Listed / Active	MRED
7/31/24 Jul 31, 2024	Listed / Active	MRED

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This condo located in Downtown Chicago, 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 0 days. 50 E 16th Street Unit 1405 is in the Downtown Chicago 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, Compass, and Andrew Castillon 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 Apr 24, 2025, 09:15 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.