1516 S Wabash Ave Unit 306 Chicago, IL 60605
South Loop NeighborhoodEstimated payment $3,323/month
Total Views
1,415
2
Beds
1
Bath
--
Sq Ft
--
Price per Sq Ft
Highlights
- Fitness Center
- Wood Flooring
- Walk-In Closet
- Lock-and-Leave Community
- Intercom
- 1-minute walk to Coliseum Park
About This Home
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 extra-wide 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!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $6,992
Year Built
- Built in 1920 | Remodeled in 2021
HOA Fees
- $670 Monthly HOA Fees
Parking
- 1 Car Garage
- Parking Included in Price
Home Design
- Brick Exterior Construction
- Concrete Block And Stucco Construction
Interior Spaces
- Ceiling Fan
- Gas Log Fireplace
- Family Room
- Living Room with Fireplace
- Dining Room
- Storage
- Laundry Room
- Wood Flooring
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- Walk-In Closet
- 1 Full Bathroom
Home Security
- Home Security System
- Intercom
Accessible Home Design
- Handicap Shower
- Wheelchair Access
- Accessibility Features
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- 100 Amp Service
- Cable TV Available
Community Details
Overview
- Association fees include water, parking, insurance, exterior maintenance, lawn care, scavenger, snow removal, internet
- 76 Units
- Lock-and-Leave Community
- 11-Story Property
Amenities
- Service Elevator
- Community Storage Space
- Elevator
Recreation
- Fitness Center
- Park
- Bike Trail
Pet Policy
- Limit on the number of pets
- Dogs and Cats Allowed
Security
- Resident Manager or Management On Site
Map
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $6,815 | $32,292 | $4,065 | $28,227 |
| 2023 | $6,815 | $33,032 | $3,270 | $29,762 |
| 2022 | $6,815 | $33,032 | $3,270 | $29,762 |
| 2021 | $5,990 | $33,031 | $3,270 | $29,761 |
| 2020 | $5,354 | $27,134 | $2,686 | $24,448 |
| 2019 | $5,247 | $29,544 | $2,686 | $26,858 |
| 2018 | $5,157 | $29,544 | $2,686 | $26,858 |
| 2017 | $4,570 | $24,605 | $2,219 | $22,386 |
| 2016 | $4,428 | $24,605 | $2,219 | $22,386 |
| 2015 | $4,028 | $24,605 | $2,219 | $22,386 |
| 2014 | $3,473 | $21,288 | $1,985 | $19,303 |
| 2013 | $3,394 | $21,288 | $1,985 | $19,303 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/22/2025 05/22/25 | For Sale | $369,900 | +15.6% | -- |
| 09/10/2021 09/10/21 | Sold | $320,000 | +8.5% | -- |
| 08/17/2021 08/17/21 | Pending | -- | -- | -- |
| 08/04/2021 08/04/21 | For Sale | $295,000 | 0.0% | -- |
| 11/01/2019 11/01/19 | Rented | $2,250 | 0.0% | -- |
| 10/01/2019 10/01/19 | For Rent | $2,250 | 0.0% | -- |
| 11/25/2015 11/25/15 | Sold | $230,251 | +5.1% | $207 / Sq Ft |
| 10/01/2015 10/01/15 | Pending | -- | -- | -- |
| 09/24/2015 09/24/15 | Price Changed | $219,000 | -4.8% | $197 / Sq Ft |
| 09/16/2015 09/16/15 | For Sale | $230,000 | -- | $206 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | -- | |
| Warranty Deed | $320,000 | None Available | |
| Special Warranty Deed | -- | Premier Title | |
| Sheriffs Deed | -- | None Available | |
| Warranty Deed | $238,000 | -- | |
| Warranty Deed | $170,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $264,000 | New Conventional | |
| Previous Owner | $218,739 | New Conventional | |
| Previous Owner | $15,000 | Credit Line Revolving | |
| Previous Owner | $226,100 | Unknown | |
| Previous Owner | $116,000 | Purchase Money Mortgage |
Source: Public Records
Similar Homes in Chicago, IL
Source: Midwest Real Estate Data (MRED)
MLS Number: 12372992
APN: 17-22-106-074-1032
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Based on information submitted to the MLS GRID. 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. Some IDX listings have been excluded from this website.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked.
Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Nearby Homes
- 1516 S Wabash Ave Unit 306
- 5 E 14th Place Unit 801
- 5 E 14th Place Unit 901
- 5 E 14th Place Unit 502
- 1529 S State St Unit 21J
- 1529 S State St Unit 8-C
- 1503 S State St Unit 607
- 1503 S State St Unit 501
- 26 E 14th Place
- 50 E 16th St Unit 312
- 50 E 16th St Unit 1405
- 50 E 16th St Unit 414
- 50 E 16th St Unit 714
- 50 E 16th St Unit 1111
- 50 E 16th St Unit 1206
- 50 E 16th St Unit 613
- 50 E 16th St Unit 315
- 50 E 16th St Unit 1015
- 50 E 16th St Unit 402
- 50 E 16th St Unit 809