1516 S Wabash Ave Unit 404 Chicago, IL 60605
South Loop Neighborhood
2
Beds
2
Baths
--
Sq Ft
$729/mo
HOA Fee
Highlights
- Fitness Center
- Wood Flooring
- Elevator
- Lock-and-Leave Community
- Whirlpool Bathtub
- 1-minute walk to Coliseum Park
About This Home
As of December 2024Welcome to Your Dream Loft in the Heart of South Loop! This stunning, move-in-ready 2-bedroom, 2-bathroom concrete loft combines industrial charm with modern upgrades. The spacious open floor plan features a sleek, updated kitchen equipped with stainless steel appliances, quartz countertops, and designer cabinetry-ideal for culinary enthusiasts. Natural light floods the living area through a wall of north-facing windows, showcasing breathtaking skyline views that you can enjoy from your private balcony-perfect for entertaining or unwinding. The spacious primary bedroom offers two separate closets and an ensuite bathroom with updated countertops and stylish fixtures. The guest bedroom is equally generous, featuring a reach-in closet and ample space for a queen bed or a dedicated office area. Additional highlights include an in-unit washer and dryer; INDOOR HEATED GARAGE PARKING IS INCLUDED IN THE PRICE. This prime location places you just steps away from a local park, historic Soldier Field, Grant Park, the Museum Campus, and beautiful Lake Michigan. Commuting is a breeze with the Orange Line nearby. Enjoy added amenities, including a workout room and extra storage. Mechanicals are three years old!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $7,031
Year Renovated
- 2018
HOA Fees
- $729 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Heated Garage
- Parking Included in Price
Home Design
- Brick Exterior Construction
Interior Spaces
- Family Room
- Combination Dining and Living Room
- Wood Flooring
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- 2 Full Bathrooms
- Dual Sinks
- Whirlpool Bathtub
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Balcony
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Lake Michigan Water
Community Details
Overview
- Association fees include water, insurance, tv/cable, exercise facilities, exterior maintenance, snow removal, internet
- 76 Units
- Mark Waslewski Association, Phone Number (312) 850-3258
- Property managed by PHOENIX RISING
- Lock-and-Leave Community
- 76-Story Property
Amenities
- Elevator
- Community Storage Space
Recreation
- Fitness Center
- Bike Trail
Pet Policy
- Dogs and Cats Allowed
Security
- Resident Manager or Management On Site
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 26, 2024
Closed on
Dec 5, 2024
Sold by
Jennifer E Bae Trust and Bae Jennifer E
Bought by
Rogozinski Erika
Seller's Agent
Martha Lozano
RE/MAX City
Buyer's Agent
Hilary Kaden
@properties
List Price
$379,000
Sold Price
$375,000
Premium/Discount to List
-$4,000
-1.06%
Views
54
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,272
Avg. Annual Appreciation
2.08%
Original Mortgage
$337,500
Outstanding Balance
$335,579
Interest Rate
7.13%
Mortgage Type
New Conventional
Estimated Equity
$44,717
Purchase Details
Listed on
Jul 18, 2016
Closed on
Sep 6, 2016
Sold by
Weston Daniel and Pastwa Danielle
Bought by
Bae Jenniter E and Jennifer E Bae Trust
Seller's Agent
Aaron Greenberg
Kale Realty
Buyer's Agent
Mary O'Malley
@properties Christie's International Real Estate
List Price
$285,000
Sold Price
$303,000
Premium/Discount to List
$18,000
6.32%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.61%
Purchase Details
Listed on
Dec 5, 2012
Closed on
Jan 10, 2013
Sold by
Chicago Title Land Trust Co
Bought by
Weston Daniel and Pastwa Danielle
Seller's Agent
Desmond Fairchild
Fulton Grace Realty
Buyer's Agent
Joseph Lozano
eXp Realty
List Price
$245,000
Sold Price
$245,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.98%
Original Mortgage
$196,000
Interest Rate
4.25%
Mortgage Type
New Conventional
Purchase Details
Listed on
Dec 5, 2012
Closed on
Dec 13, 2012
Sold by
Stemer Jessica A and Kovacs Jessica A
Bought by
Chicago Title & Trust 3888
Seller's Agent
Desmond Fairchild
Fulton Grace Realty
Buyer's Agent
Joseph Lozano
eXp Realty
List Price
$245,000
Sold Price
$245,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
4.25%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 28, 2007
Sold by
Spector Brian and Spector Nancy
Bought by
Kovacs Kyle and Stemer Jessica A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$271,920
Interest Rate
6.28%
Mortgage Type
Unknown
Purchase Details
Closed on
Jun 14, 2002
Sold by
Sternberg Heidi A
Bought by
Spector Brian L and Spector Nancy W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$274,700
Interest Rate
6.87%
Purchase Details
Closed on
Dec 7, 1998
Sold by
1516 Wabash Associates Inc
Bought by
Sternberg Heidi
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,850
Interest Rate
6.75%
Mortgage Type
Unknown
Similar Homes in Chicago, IL
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
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $375,000 | Saturn Title | |
| Warranty Deed | $303,000 | Chicago Title | |
| Trustee Deed | $245,000 | None Available | |
| Sheriffs Deed | $171,500 | None Available | |
| Warranty Deed | $340,000 | Chicago Title Insurance Co | |
| Warranty Deed | $270,000 | Chicago Title Insurance Co | |
| Warranty Deed | $202,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $337,500 | New Conventional | |
| Previous Owner | $100,000 | No Value Available | |
| Previous Owner | $196,000 | New Conventional | |
| Previous Owner | $271,920 | Unknown | |
| Previous Owner | $67,980 | Credit Line Revolving | |
| Previous Owner | $278,500 | Unknown | |
| Previous Owner | $274,700 | No Value Available | |
| Previous Owner | $160,850 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/19/2024 12/19/24 | Sold | $375,000 | -1.1% | -- |
| 11/15/2024 11/15/24 | Pending | -- | -- | -- |
| 10/26/2024 10/26/24 | For Sale | $379,000 | +25.1% | -- |
| 09/06/2016 09/06/16 | Sold | $303,000 | +6.3% | $233 / Sq Ft |
| 08/05/2016 08/05/16 | Pending | -- | -- | -- |
| 07/18/2016 07/18/16 | For Sale | $285,000 | +16.3% | $219 / Sq Ft |
| 01/10/2013 01/10/13 | Sold | $245,000 | 0.0% | -- |
| 12/11/2012 12/11/12 | Pending | -- | -- | -- |
| 12/05/2012 12/05/12 | For Sale | $245,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $7,031 | $35,711 | $4,495 | $31,216 |
| 2023 | $6,831 | $36,531 | $3,617 | $32,914 |
| 2022 | $6,831 | $36,531 | $3,617 | $32,914 |
| 2021 | $6,696 | $36,529 | $3,616 | $32,913 |
| 2020 | $5,994 | $30,007 | $2,970 | $27,037 |
| 2019 | $5,875 | $32,672 | $2,970 | $29,702 |
| 2018 | $5,775 | $32,672 | $2,970 | $29,702 |
| 2017 | $5,131 | $27,210 | $2,454 | $24,756 |
| 2016 | $4,950 | $27,210 | $2,454 | $24,756 |
| 2015 | $4,505 | $27,210 | $2,454 | $24,756 |
| 2014 | $3,891 | $23,542 | $2,195 | $21,347 |
| 2013 | $3,803 | $23,542 | $2,195 | $21,347 |
Source: Public Records
Agents Affiliated with this Home
-
Martha Lozano
Seller's Agent in 2024
Martha Lozano
RE/MAX
(773) 844-3207
1 in this area
246 Total Sales
-
Catalina Botero
Seller Co-Listing Agent in 2024
Catalina Botero
RE/MAX
(312) 780-9781
1 in this area
6 Total Sales
-
Hilary Kaden
Buyer's Agent in 2024
Hilary Kaden
@properties
(773) 822-4032
3 in this area
66 Total Sales
-
Aaron Greenberg
Seller's Agent in 2016
Aaron Greenberg
Kale Realty
(847) 691-3383
1 in this area
80 Total Sales
-
Mary O'Malley
Buyer's Agent in 2016
Mary O'Malley
@ Properties
(847) 804-2644
130 Total Sales
-
Desmond Fairchild
Seller's Agent in 2013
Desmond Fairchild
Fulton Grace
(773) 294-5645
17 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12197719
APN: 17-22-106-074-1021
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