$320,000
SOLD SEP 10, 2021

1516 S Wabash Ave Unit 306 Chicago, IL 60605

South Loop Neighborhood
2 Beds
1 Bath
-- Sq Ft
$596/mo HOA Fee

Recently Sold

8% Above List Price

12 Days on Market

Highlights

  • Fitness Center
  • Lock-and-Leave Community
  • Balcony
  • South Loop Elementary School Rated 9+
  • Wood Flooring
  • 1-minute walk to Coliseum Park

About This Home

As of September 2021

Completely remodeled & move-in ready 2 bed/1 bath condo. Schedule today to see this north-facing condo with floor-to-ceiling windows & unobstructed views of Chicago's skyline. Assessment covers internet, cable TV, gym, storage space, & newly-upgraded security system. Upgrades include brand new floors throughout, remodeled kitchen & bath, in-unit washer/dryer, & freshly painted. Premium indoor parking is available for $25,000. The building is very investor-friendly with great reserves & no rental restriction. Come see this today!

Last Agent to Sell the Property

Brian Murphy

Baird & Warner License #475165241 Listed on: 08/04/2021

Last Buyer's Agent

Corey Chairez

CORP-21ST GLOBAL REAL ESTATE License #471002715

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,354

Year Built

  • Built in 1920

HOA Fees

  • $596 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Parking Included in Price
  • Deeded Parking Sold Separately

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Gas Log Fireplace
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Storage
  • Washer and Dryer Hookup
  • Wood Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Home Security

  • Home Security System
  • Intercom
  • Door Monitored By TV

Accessible Home Design

  • Wheelchair Access
  • Accessibility Features

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • 100 Amp Service
  • Lake Michigan Water
  • Cable TV Available

Community Details

Overview

  • Association fees include water, insurance, tv/cable, exercise facilities, exterior maintenance, scavenger, snow removal, internet
  • 76 Units
  • Nicole Bellos Association, Phone Number (847) 905-0018
  • High-Rise Condominium
  • Landmark Lofts Subdivision
  • Property managed by Vine Management Services
  • Lock-and-Leave Community
  • 11-Story Property

Amenities

  • Service Elevator
  • Community Storage Space
  • Elevator

Recreation

  • Fitness Center
  • Park
  • Bike Trail

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site
  • Storm Screens

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,354

Year Built

Built in 1920

Lot Details

0

HOA Fees

$596 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,High Rise (7+ Stories)
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,High Rise (7+ Stories)
  • Subdivision Name: Landmark Lofts
  • Year Built: 1920
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: Yes
  • General Information: School Bus Service,Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 3
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 11

Interior Features

  • Basement: None
  • Accessibility Features: Wheelchair Accessible
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Elevator, Hardwood Floors, Laundry Hook-Up in Unit, Storage
  • Other Equipment: TV-Cable, Security System, Intercom
  • Room Type: No additional rooms
  • Stories Total: 11
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Bedroom 2 Flooring: Hardwood
  • Dining Room Flooring: Hardwood
  • Kitchen Flooring: Hardwood
  • Kitchen: Island
  • Living Room Flooring: Hardwood
  • MRD_MBB: None
  • Master Bedroom Flooring: Hardwood
  • Master Bedroom Dimensions: 15X12

Exterior Features

  • ExteriorFeatures: Balcony, Storms/Screens, Door Monitored By TV
  • List Price: 295000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage On-Site: Yes
  • Garage Ownership: Deeded Sold Separately
  • Garage Type: Attached
  • Parking: Garage
  • Deeded Garage Cost: 25000

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers, 100 Amp Service
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 596
  • Association Amenities: Bike Room/Bike Trails, Elevator(s), Exercise Room, Storage, On Site Manager/Engineer, Park, Security Door Lock(s), Service Elevator(s)
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site,Monday through Friday
  • Master Association Fee Frequency: Not Required
  • Management Company: Vine Management Services
  • Management Contact Name: Nicole Bellos
  • Management Phone: 847-905-0018

Fee Information

  • Association Fee Includes: Water, Insurance, TV/Cable, Exercise Facilities, Exterior Maintenance, Scavenger, Snow Removal, Other, Internet

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 5353.54
  • Tax Year: 2020

Multi Family

  • Units in Building: 76

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: 11178864

Midwest Real Estate Data (MRED)

APN: 17-22-106-074-1032