Seller's Agent in 2020
Melanie Everett
Compass
(312) 319-1168
4 in this area
493 Total Sales
1516 S Wabash Ave Unit 706 Chicago, IL 60605
South Loop NeighborhoodEstimated Value: $346,257 - $431,000
2
Beds
1
Bath
1,114
Sq Ft
$629/mo
HOA Fee
Highlights
- Property is near a park
- Wood Flooring
- Stainless Steel Appliances
- South Loop Elementary School Rated 9+
- Whirlpool Bathtub
- 1-minute walk to Coliseum Park
About This Home
As of May 2020Located in Chicago's beloved & bustling South Loop neighborhood, this 2-bedroom, 1-bathroom rare northeast corner loft is a home to remember. You'll cross the foyer & immediately be taken by the stunning downtown views & sunlight, charming exposed brick, soaring 12-foot ceilings, sleek bamboo flooring, fireplace with marble surround, & spacious balcony. The open concept layout leads to a chic & modern kitchen complete with high-end stainless appliances, open shelving, & subway tile. There is an island in the kitchen that comfortably fits barstools, as well as plenty of space for a dining table. The master bedroom boasts a walk-in closet, while the second bedroom has dual closets with additional storage lofted above. The bathroom offers a tub/shower combo & vanity with plenty of cabinets. Last but certainly not least, this unit offers a luxe in-unit washer/dryer, & a premier garage parking spot is included in the price. 1516 South Wabash -- known to Chicagoans as Landmark Lofts -- is an 11-story boutique high-rise equipped with a secure entry system, fitness room, bike storage & elevators. The address is steps away from parks, the lakefront, museums, restaurants, grocery stores, & a myriad of transportation options. Welcome home.
Last Buyer's Agent
Keith Tarasiewicz
Gutman Real Estate License #475162258
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $6,290
Year Built
- 1999
Lot Details
- 0.39
HOA Fees
- $629 per month
Parking
- Attached Garage
- Parking Included in Price
Home Design
- Brick Exterior Construction
Interior Spaces
- Gas Log Fireplace
- Storage
- Wood Flooring
- Door Monitored By TV
Kitchen
- Breakfast Bar
- Oven or Range
- Microwave
- High End Refrigerator
- Freezer
- Dishwasher
- Stainless Steel Appliances
- Kitchen Island
- Disposal
Bedrooms and Bathrooms
- Primary Bathroom is a Full Bathroom
- Whirlpool Bathtub
Laundry
- Dryer
- Washer
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Lake Michigan Water
- TV Antenna
Additional Features
- North or South Exposure
- Balcony
- East or West Exposure
- Property is near a park
Community Details
Pet Policy
- Pets Allowed
Security
- Storm Screens
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 3, 2020
Closed on
May 1, 2020
Sold by
Drenten Jenna
Bought by
Hallauer Christopher
Seller's Agent
Melanie Everett
Compass
Buyer's Agent
Keith Tarasiewicz
Gutman Real Estate
List Price
$345,000
Sold Price
$345,000
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
$29,814
Avg. Annual Appreciation
1.57%
Original Mortgage
$327,750
Interest Rate
3.62%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jun 3, 2016
Closed on
Jul 20, 2016
Sold by
Brown Jeffrey R and Brown Lauren
Bought by
Drenten Jenna
Seller's Agent
Tim Zielonka
LPT Realty LLC
Buyer's Agent
Melanie Everett
Compass
List Price
$299,000
Sold Price
$297,000
Premium/Discount to List
-$2,000
-0.67%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.02%
Original Mortgage
$267,300
Interest Rate
3.62%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 11, 2007
Sold by
Hoenig Holly C and Hoenig Michael P
Bought by
Brown Jeffery R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$303,999
Interest Rate
6.63%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 25, 2003
Sold by
Geraghty Michael J and Geraghty Mary T
Bought by
Hoenig Michael P and Hoenig Holly C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
4.25%
Mortgage Type
Unknown
Purchase Details
Closed on
Mar 31, 2000
Sold by
Brown Michael and Eaton Karen
Bought by
Geraghty Michael J and Harkins Mary T
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,400
Interest Rate
6.5%
Purchase Details
Closed on
Apr 1, 1999
Sold by
1516 Wabash Associates Inc
Bought by
Brown Michael and Eaton Karen
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,200
Interest Rate
6.94%
Mortgage Type
Unknown
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hallauer Christopher | $345,000 | Chicago Title | |
| Drenten Jenna | $297,000 | Chicago Title | |
| Brown Jeffery R | $320,000 | Citc | |
| Hoenig Michael P | $260,000 | Pntn | |
| Geraghty Michael J | $226,000 | -- | |
| Brown Michael | $196,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Hallauer Christopher | $327,750 | |
| Previous Owner | Drenten Jenna | $267,300 | |
| Previous Owner | Brown Jeffery R | $283,000 | |
| Previous Owner | Brown Jeffery R | $303,999 | |
| Previous Owner | Hoenig Michael P | $260,000 | |
| Previous Owner | Geraghty Michael J | $203,400 | |
| Previous Owner | Brown Michael R | $186,200 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/14/2020 05/14/20 | Sold | $345,000 | 0.0% | $310 / Sq Ft |
| 04/03/2020 04/03/20 | Pending | -- | -- | -- |
| 04/03/2020 04/03/20 | For Sale | $345,000 | +16.2% | $310 / Sq Ft |
| 07/26/2016 07/26/16 | Sold | $297,000 | -0.7% | $267 / Sq Ft |
| 06/13/2016 06/13/16 | Pending | -- | -- | -- |
| 06/03/2016 06/03/16 | For Sale | $299,000 | -- | $268 / Sq Ft |
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 | $6,290 | $32,292 | $4,065 | $28,227 |
| 2023 | $6,109 | $33,032 | $3,270 | $29,762 |
| 2022 | $6,109 | $33,032 | $3,270 | $29,762 |
| 2021 | $5,990 | $33,031 | $3,270 | $29,761 |
| 2020 | $6,045 | $27,134 | $2,686 | $24,448 |
| 2019 | $5,936 | $29,544 | $2,686 | $26,858 |
| 2018 | $5,836 | $29,544 | $2,686 | $26,858 |
| 2017 | $5,297 | $24,605 | $2,219 | $22,386 |
| 2016 | $4,928 | $24,605 | $2,219 | $22,386 |
| 2015 | $4,509 | $24,605 | $2,219 | $22,386 |
| 2014 | $3,950 | $21,288 | $1,985 | $19,303 |
| 2013 | $3,872 | $21,288 | $1,985 | $19,303 |
Source: Public Records
Agents Affiliated with this Home
-
Melanie Everett
-
Keith Tarasiewicz
K
Buyer's Agent in 2020
Keith Tarasiewicz
Gutman Real Estate
(312) 836-4263
4 in this area
49 Total Sales
-
Tim Zielonka
Seller's Agent in 2016
Tim Zielonka
LPT Realty LLC
(773) 789-7349
4 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD10683263
APN: 17-22-106-074-1036
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