$230,251
SOLD NOV 25, 2015

1516 S Wabash Ave Unit 306 Chicago, IL 60605

South Loop Neighborhood
2 Beds
1 Bath
1,114 Sq Ft
$518/mo HOA Fee

Recently Sold

$207 Per Sq Ft

15 Days on Market

Highlights

  • Property is near a park
  • Wood Flooring
  • Balcony
  • South Loop Elementary School Rated 9+
  • Whirlpool Bathtub
  • 1-minute walk to Coliseum Park

About This Home

As of September 2021

BEAUTIFUL 2 BEDROOM CONDO IN SOUTH LOOP! OPEN KITCHEN W/ ISLAND. 12 FOOT CEILINGS, HARDWOOD FLOORS, FIREPLACE, LARGE BALCONY, IN-UNIT W/D, MASTER BEDROOM HAS HUGE WALK-IN CLOSET. BUILDING W/MANY AMENITIES: BIKE ROOM, EXERCISE ROOM, EXTRA STORAGE. CLOSE TO LAKE, TRANSPORTATION, EXPRESSWAYS, SHOPPING, SCHOOLS AND RESTAURANTS. THIS IS A FANNIE MAE PROPERTY.

Last Agent to Sell the Property

Kirby Pearson

Pearson Realty Group License #471002409 Listed on: 09/16/2015

Pearson Realty Group

Co-Listed By

Parker Pearson

Pearson Realty Group License #475143969

Last Buyer's Agent

Wesley Walker

Compass License #475121903

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,992

Year Built

  • 1920

HOA Fees

  • $518 per month

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Gas Log Fireplace
  • Storage
  • Washer and Dryer Hookup
  • Wood Flooring
  • Door Monitored By TV
  • Kitchen Island

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Whirlpool Bathtub

Parking

  • Parking Available
  • Parking Included in Price

Location

  • Property is near a park
  • Property is near a bus stop
  • City Lot

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Lake Michigan Water

Additional Features

  • North or South Exposure
  • Balcony

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Pet Policy

  • Pets Allowed

Security

  • Storm Screens

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,992

Year Built

1920

Lot Details

0

HOA Fees

$518 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service, Commuter Bus, Commuter Train
  • Recent Rehab: Yes
  • Unit Floor Level: 3
  • Age: 91-100 Years
  • Full Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 1
  • Estimated Year Built: 1920
  • Tax Exemptions: Homeowner
  • Type Attached: Condo
  • Special Features: 20
  • Property Sub Type: Condos
  • Stories: 11
  • Year Built: 1920

Interior Features

  • Interior Property Features: Elevator, Hardwood Floors, Laundry Hook-Up in Unit, Storage
  • Number Of Rooms: 5
  • Living Room: Dimensions: 22X18, On Level: Main Level, Flooring: Hardwood
  • Equipment: TV-Cable, Security System, Intercom
  • Fireplace Details: Gas Logs, Gas Starter
  • Fireplace Location: Living Room
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: COMBO, On Level: Main Level
  • Kitchen Type: Dimensions: 18X9, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Island
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 15X12, On Level: Main Level, Flooring: Carpet, Windows: None
  • Bedroom 2: Dimensions: 13X12, On Level: Main Level, Flooring: Carpet
  • Estimated Sq Ft: 1114
  • Dining Room Type: Combined w/ LivRm

Exterior Features

  • Exterior Building Type: Brick
  • Exterior Property Features: Balcony, Storms/Screens, Door Monitored By TV
  • Exposure: N (North), City, Park

Garage/Parking

  • Number of Cars: 1
  • Parking: Space/s
  • Number Parking Spaces: 1
  • Parking On Site: Yes
  • Parking Included In Price: Yes
  • Parking Ownership: Owned

Utilities

  • Electricity: Circuit Breakers, 100 Amp Service
  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Max Pet Weight: 50
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager Off-site, Monday through Friday
  • Pet Information: Cats OK, Dogs OK
  • Common Area Amenities: Bike Room/Bike Trails, Elevator, Exercise Room, Storage, On Site Manager/Engineer, Park/Playground, Security Door Locks, Service Elevator
  • Assessment Includes: Water, Parking, Common Insurance, Security System, TV/Cable, Exercise Facilities, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 518
  • Management Contact Name: Jonie
  • Management Phone: 312-850-3251

Fee Information

  • Management Company: Phoenix Rising Management

Schools

  • School District: 299
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 17221060741032

Multi Family

  • Total Number Unitsin Building: 76
  • Number Stories: 11

Tax Info

  • Taxes: 3393.52

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 1, 2022
Sold by
Catalan Julian and Alvear Balbina
Bought by
Catalan Ruth S and Catalan Y

Purchase Details

Closed on
Feb 3, 2022
Sold by
Catalan Julian and Alvear Balbina
Bought by
Catalan Ruth S and Catalan Y

Purchase Details

Listed on
Aug 4, 2021
Closed on
Sep 1, 2021
Sold by
Pfeiffer John and Pfeiffer Kelly
Bought by
Alvear Balbina and Catalan Julian
Seller's Agent
Brian Murphy
Baird & Warner
Buyer's Agent
Corey Chairez
CORP-21ST GLOBAL REAL ESTATE
List Price
$295,000
Sold Price
$320,000
Premium/Discount to List
$25,000
8.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.39%

Purchase Details

Listed on
Sep 16, 2015
Closed on
Nov 19, 2015
Sold by
Fannie Mae
Bought by
Pfeiffer John
Seller's Agent
Kirby Pearson
Pearson Realty Group
Buyer's Agent
Wesley Walker
Compass
List Price
$230,000
Sold Price
$230,251
Premium/Discount to List
$251
0.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.84%
Original Mortgage
$218,739
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 6, 2014
Sold by
Reens Jeffrey
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 2, 2003
Sold by
Braun Renee
Bought by
Reens Steven D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,100
Interest Rate
5.3%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 20, 1999
Sold by
1516 Wabash Associates Inc
Bought by
Braun Renee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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

Property History

Date Event Price Change Sq Ft Price
08/14/2025 08/14/25 Pending -- -- --
07/17/2025 07/17/25 For Sale $335,000 +4.7% --
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)

Tax History Compared to Growth

Source: Public Records

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 $6,992 $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

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09042800

Midwest Real Estate Data (MRED)

APN: 17-22-106-074-1032