NOT LISTED FOR SALE

1516 S Wabash Ave Unit 801 Chicago, IL 60605

South Loop Neighborhood

Estimated Value: $329,000 - $412,000

2 Beds
1.5 Baths
1,200 Sq Ft
0.39 Acres

Highlights

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

About This Home

As of June 2021

Designed to capture the full east and north view of the downtown Chicago skyline, this spacious loft with 11 ft high ceilings, hdwd flrs, and fireplace is perfect to entertain or relax with a glass of wine and enjoy an amazing view of the city and lake. Nearby amenities include: red/green/orange line, best South Loop dog park (one block away), play lot, Soldier Field, Jewel, Trader Joes, Starbucks, Dunkin Donuts, restaurants and access to the lake front. Great building has exercise room and bike storage. Huge storage locker included! Prime indoor heated garage space included offers easy in/out access!!

Last Agent to Rent the Property

Molly Boyd

Berkshire Hathaway HomeServices Chicago License #475146030 Listed on: 06/14/2021

Berkshire Hathaway HomeServices Chicago

Last Renter's Agent

AJ Dobson

Kale Realty License #475179272

Kale Realty

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,942

Year Built

  • Built in 1920

Lot Details

  • 0.39

Parking

  • 1 Car Attached Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,200 Sq Ft Home
  • Ceiling Fan
  • Living Room with Fireplace
  • Family or Dining Combination
  • Wood Flooring
  • Home Security System

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Lake Michigan Water
  • Cable TV Available

Listing and Financial Details

  • Property Available on 6/15/21
  • Rent includes cable TV, water, parking, scavenger, security system, exterior maintenance, storage lockers, snow removal

Community Details

Overview

  • 76 Units
  • Joni Hoffer Association, Phone Number (312) 850-3251
  • Property managed by Phoenix Rising
  • 10-Story Property

Amenities

  • Elevator
  • Service Elevator
  • Package Room
  • Community Storage Space

Recreation

  • Fitness Center
  • Bike Trail

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site
  • Fire Sprinkler System

Condo Details

Home Type

Condominium

Est. Annual Taxes

$6,942

Year Built

Built in 1920

Lot Details

0

Parking

1

Rental Info

  • Available Date: 2021-06-15
  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Type of Rental Property: Attached
  • Rental Price: 2200
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Listing Details

  • Property Type: Residential Lease
  • Property Type: Residential Lease
  • Type Attached: Condo
  • Property Sub-Type: Attached
  • Year Built: 1920
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 08
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 10

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: None
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Furnished: No
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit
  • LivingArea: 1200
  • Other Equipment: TV-Cable, Security System, Fire Sprinklers, Ceiling Fan(s)
  • Room Type: No additional rooms
  • Stories Total: 10
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ FamRm
  • Fireplace Location: Living Room

Exterior Features

  • ExteriorFeatures: Balcony
  • List Price: 2200
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Amenities: Bike Room/Bike Trails, Elevator(s), Exercise Room, Storage, Receiving Room, Service Elevator(s)
  • Rent Includes: Cable TV, Water, Parking, Scavenger, Security System, Exterior Maintenance, Storage Lockers, Snow Removal
  • Management: Manager Off-site
  • Management Company: Phoenix Rising
  • Management Contact Name: Joni Hoffer
  • Management Phone: 312-850-3251

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: COMMON

Multi Family

  • Units in Building: 76

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 16, 2008
Sold by
Noren Tanja and Sullivan Joseph
Bought by
Wehrli Thomas A and Wehrli Christine E
Current Estimated Value
$369,263

Purchase Details

Closed on
Oct 30, 2003
Sold by
Cardone Anthony N
Bought by
Noren Tanja

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
4.75%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Wehrli Thomas A $310,000 Cti
Noren Tanja -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Noren Tanja $268,000
Previous Owner Noren Tanja $268,000
Previous Owner Sullivan Joseph $75,000
Previous Owner Noren Tanja $208,000
Previous Owner Cardone Anthony N $202,300
Previous Owner Cardone Anthony N $202,300
Closed Noren Tanja $39,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2021 06/17/21 Rented -- -- --
06/14/2021 06/14/21 For Rent $2,200 0.0% --
10/16/2019 10/16/19 Rented $2,200 0.0% --
09/30/2019 09/30/19 Price Changed $2,200 -4.3% $2 / Sq Ft
09/16/2019 09/16/19 Price Changed $2,300 -2.1% $2 / Sq Ft
09/06/2019 09/06/19 Price Changed $2,350 -6.0% $2 / Sq Ft
08/27/2019 08/27/19 For Rent $2,500 -- --
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 $6,942 $32,060 $4,035 $28,025
2023 $6,766 $32,796 $3,247 $29,549
2022 $6,766 $32,796 $3,247 $29,549
2021 $6,614 $32,794 $3,246 $29,548
2020 $6,001 $26,940 $2,667 $24,273
2019 $5,893 $29,333 $2,667 $26,666
2018 $5,794 $29,333 $2,667 $26,666
2017 $5,259 $24,428 $2,203 $22,225
2016 $4,893 $24,428 $2,203 $22,225
2015 $4,476 $24,428 $2,203 $22,225
2014 $3,922 $21,136 $1,971 $19,165
2013 $3,844 $21,136 $1,971 $19,165
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD11121887

Midwest Real Estate Data (MRED)

APN: 17-22-106-074-1049