$330,000
SOLD APR 2, 2015

1516 S Wabash Ave Unit 401 Chicago, IL 60605

South Loop Neighborhood
2 Beds
2 Baths
1,200 Sq Ft
$490/mo HOA Fee

Recently Sold

$275 Per Sq Ft

63 Days on Market

Highlights

  • Lake Front
  • Wood Flooring
  • Stainless Steel Appliances
  • South Loop Elementary School Rated 9+
  • End Unit
  • 1-minute walk to Coliseum Park

About This Home

As of May 2024

LOFT STYLE. RENOVATED ESPRESSO KITCHEN W/CENTER ISLAND, NEW APPLIANCES, FIXTURES, TRACK LIGHTING, & CEILING FANS. UPDATED BATH W/NEW FLOATING VANITY, TILES, FLOORING, & FIXTURES. BEAUTIFUL E/N/S VIEWS FROM LARGE BALCONY & LIVING SPACE. EXPOSED BRICK, MASTER SUITE W/WALK-IN CLOSETS, FIREPLACE, & IN-UNIT WSHR/DRYR. WALK TO MUSEUMS, LAKEFRONT, PUBLIC TRANSPORTATION, & ACCESS TO BIKE PATH & DOGPARK NEXT DOOR. HEATED GAR.

Last Agent to Sell the Property

Cleo Aquino

Habloft LLC License #471020033 Listed on: 11/14/2014

Last Buyer's Agent

Morgan Sage

Berkshire Hathaway HomeServices Chicago License #475145394

Berkshire Hathaway HomeServices Chicago

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,680

Lot Details

  • Lake Front
  • End Unit
  • East or West Exposure

HOA Fees

  • $490 per month

Parking

  • Attached Garage
  • Heated Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Heatilator
  • Gas Log Fireplace
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Additional Features

  • Balcony
  • City Lot

Community Details

Amenities

  • Common Area

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,680

Lot Details

0

HOA Fees

$490 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • Recent Rehab: Yes
  • Unit Floor Level: 4
  • Age: 91-100 Years
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 1.1
  • Estimated Year Built: U
  • Type Attached: Condo-Loft, High Rise (7+ Stories)
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 11

Interior Features

  • Interior Property Features: Elevator, Hardwood Floors, Laundry Hook-Up in Unit
  • Number Of Rooms: 5
  • Living Room: Dimensions: 17X16, On Level: Main Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, All Stainless Steel Kitchen Appliances
  • Fireplace Details: Gas Logs, Gas Starter, Heatilator Type System
  • Fireplace Location: Living Room
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: COMBO, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 17X13, On Level: Main Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Kitchen Type: Eating Area-Breakfast Bar
  • Additional Rooms: Balcony
  • Master Bedroom: Dimensions: 15X11, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Additional Room 1 Name: Balcony, Dimensions: 15X05, On Level: Main Level
  • Bedroom 2: Dimensions: 13X10, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Estimated Sq Ft: 1200
  • Dining Room Type: Combined w/ LivRm

Exterior Features

  • Exterior Building Type: Brick
  • Exterior Property Features: Balcony, End Unit
  • Exposure: E (East), City, Lake/Water

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Heated
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Parking Included In Price: Yes

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Max Pet Weight: 100
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager Off-site
  • Pet Information: Cats OK, Dogs OK
  • Common Area Amenities: Bike Room/Bike Trails, Elevator, Exercise Room, Storage, Security Door Locks, Service Elevator
  • Assessment Includes: Water, Common Insurance, TV/Cable, Exercise Facilities, Exterior Maintenance, Scavenger, Snow Removal
  • Assessment Association Fees: 490
  • Management Contact Name: CAROLINA CANCHOLA
  • Management Phone: 312-850-3251X1002

Fee Information

  • Management Company: PHOENIX RISING MANAGEMENT GROUP, LTD

Schools

  • School District: 299
  • Elementary School: SOUTH LOOP ELEMENTARY SCHOOL
  • Middle School: SOUTH LOOP ELEMENTARY SCHOOL
  • High School: PHILLIPS ACADEMY HIGH SCHOOL
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON
  • Lot Description: Common Grounds
  • Parcel Identification Number: 17221060741003

Multi Family

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

Tax Info

  • Taxes: 3609.21

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2024
Closed on
Apr 30, 2024
Sold by
Waikar Anjali
Bought by
Goetz Hanah C and Shenefield Dylan L
Seller's Agent
Matt Laricy
Americorp, Ltd
Buyer's Agent
Karra Kalkman
@properties Christie's International Real Estate
List Price
$325,000
Sold Price
$345,000
Premium/Discount to List
$20,000
6.15%
Views
49
Current Estimated Value
$362,785

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,785
Avg. Annual Appreciation
3.85%
Original Mortgage
$334,650
Outstanding Balance
$330,176
Interest Rate
7.13%
Mortgage Type
New Conventional
Estimated Equity
$32,609

Purchase Details

Closed on
Aug 5, 2017
Sold by
Neroni Jamie M and Connell Thomas M O
Bought by
Waikar Anjali

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,750
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Nov 14, 2014
Closed on
Apr 2, 2015
Sold by
Sickle Richard M Van
Bought by
Connell Thomas M O and Nereni Jamie M
Seller's Agent
Cleo Aquino
Habloft LLC
Buyer's Agent
Morgan Sage
Berkshire Hathaway HomeServices Chicago
List Price
$329,900
Sold Price
$330,000
Premium/Discount to List
$100
0.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.91%
Original Mortgage
$264,000
Interest Rate
4.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 18, 1998
Sold by
1516 Wabash Associates Inc
Bought by
Vansickle Richard M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,900
Interest Rate
7%
Mortgage Type
Unknown
Source: Public Records

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Range of Values:

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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 $345,000 Chicago Title
Warranty Deed $349,000 Barrister Title
Warranty Deed $330,000 First American Title Ins Co
Warranty Deed $186,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $334,650 New Conventional
Previous Owner $261,750 Adjustable Rate Mortgage/ARM
Previous Owner $260,000 New Conventional
Previous Owner $264,000 New Conventional
Previous Owner $30,000 Credit Line Revolving
Previous Owner $166,000 Unknown
Previous Owner $60,000 Credit Line Revolving
Previous Owner $205,000 Unknown
Previous Owner $170,200 Unknown
Previous Owner $175,900 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2024 05/10/24 Sold $345,000 +6.2% --
04/07/2024 04/07/24 Pending -- -- --
03/22/2024 03/22/24 For Sale $325,000 0.0% --
06/10/2021 06/10/21 Rented -- -- --
06/04/2021 06/04/21 Under Contract -- -- --
06/02/2021 06/02/21 For Rent $2,200 -12.0% --
07/22/2019 07/22/19 Rented $2,500 0.0% --
07/15/2019 07/15/19 Under Contract -- -- --
06/29/2019 06/29/19 For Rent $2,500 0.0% --
04/02/2015 04/02/15 Sold $330,000 0.0% $275 / Sq Ft
01/16/2015 01/16/15 Pending -- -- --
11/14/2014 11/14/14 For Sale $329,900 -- $275 / 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 $6,680 $34,090 $4,291 $29,799
2023 $6,489 $34,871 $3,452 $31,419
2022 $6,489 $34,871 $3,452 $31,419
2021 $6,361 $34,870 $3,452 $31,418
2020 $5,690 $28,645 $2,835 $25,810
2019 $6,266 $31,189 $2,835 $28,354
2018 $6,161 $31,189 $2,835 $28,354
2017 $4,865 $25,974 $2,342 $23,632
2016 $4,702 $25,974 $2,342 $23,632
2015 $4,279 $25,974 $2,342 $23,632
2014 $3,693 $22,474 $2,096 $20,378
2013 $3,609 $22,474 $2,096 $20,378
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08786648

Midwest Real Estate Data (MRED)

APN: 17-22-106-074-1003