$298,000 - $374,622
RENTED MAR 21, 2025

2024 S Wabash Ave Unit 704 Chicago, IL 60616

South Loop Neighborhood
2 Beds
2 Baths
1,300 Sq Ft
0.48 Acres

Highlights

  • Wood Flooring
  • Balcony
  • Laundry Room
  • Stainless Steel Appliances
  • Skylights
  • Central Air

About This Home

As of March 2025

Avail now. Spacious, top-floor penthouse 2bd/2ba concrete loft condo for rent at Ravinia Lofts. Unobstructed, sunny, south facing unit with top of the line renovations in every room. Newly refinished hardwood floors, new bedroom carpet, gut-rehabbed guest and master bath suite. You won't find this level of finishes in most rentals. This home also features in-unit washer & dryer, skylight, balcony, exposed brick/ductwork, closet organizers, fully enclosed second bedroom and 1 car secured outdoor parking included. Convenient location 1 block from Green Line at Cermak / McCormick Place. Easy transit to 90/94 Dan Ryan, I-55 Stevenson and Lake Shore Drive. Move-in fee of 650. Lease term is 12 months or longer. 700 or better credit score for all applicants. No exceptions. Cable (RCN) cable box plus DVR and Internet are included in the rent. No security deposit. No pets, no smoking

Last Agent to Rent the Property

Michael Michalak

RE/MAX 10 Lincoln Park License #475114641 Listed on: 01/26/2025

RE/MAX 10 Lincoln Park

Last Renter's Agent

Daniel Noshay

Hudson Burnham Real Estate License #475210689

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,350

Year Built | Renovated

  • 1917 | 2014

Lot Details

  • 0.48

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,300 Sq Ft Home
  • Skylights
  • Family Room
  • Living Room with Fireplace
  • Dining Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Uncovered Parking
  • Parking Lot
  • Off-Street Parking
  • Parking Included in Price
  • Assigned Parking

Outdoor Features

  • Balcony

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • 100 Amp Service

Listing and Financial Details

  • Property Available on 1/27/25
  • Rent includes cable TV, water, internet, wi-fi

Community Details

Pet Policy

  • No Pets Allowed

Overview

  • 7-Story Property

Condo Details

Home Type

Condominium

Est. Annual Taxes

$6,350

Year Built | Renovated

1917 | 2014

Lot Details

0

Rental Info

  • Available Date: 2025-01-27
  • Board Approval: No
  • Board Number: 8
  • Pets Allowed (Y/N): No
  • Type of Rental Property: Attached
  • Rental Price: 2600
  • Security Deposit: 0
  • Is Parking Included in Price: Yes
  • Fees/Approvals: Credit Report,Move-in Fee

Listing Details

  • Property Type: Residential Lease
  • Property Type: Residential Lease
  • Type Attached: Condo-Loft
  • Property Sub-Type: Attached
  • Age: Unknown
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 7
  • Rehab Year: 2014
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 7
  • Year Built: 1917
  • Year Renovated: 2014

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Furnished: No
  • Interior Amenities: Skylight(s), Laundry Hook-Up in Unit
  • LivingArea: 1300
  • Room Type: No additional rooms
  • Stories Total: 7
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Flooring: Carpet

Exterior Features

  • ExteriorFeatures: Balcony
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Assigned, Off Street, Parking Lot
  • ParkingTotal: 1
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Other
  • Cooling: Central Air
  • Electric: 100 Amp Service
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Rent Includes: Cable TV, Water, Internet, Wi-Fi

Lot Info

  • Lot Dimensions: COMMON

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 2, 2015
Sold by
Wanek Mischa and Libman Ronald David
Bought by
Libman Ronald David and Wanek Libman Mischa
Current Estimated Value
$344,656

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,500
Outstanding Balance
$167,186
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$177,470

Purchase Details

Closed on
May 9, 2006
Sold by
Kutchins Genie H and Kutchins Emily L
Bought by
Wanek Mischa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,800
Interest Rate
6.12%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 29, 2004
Sold by
The Reliable Building Llc
Bought by
Kutchins Emily L and Kutchins Genie H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
4.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 28, 2004
Sold by
Engram Annese
Bought by
Hartnett Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
4.75%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Buyer Sale Price Title Company
Libman Ronald David -- Proper Title Llc
Wanek Mischa $306,000 Atgf Inc
Kutchins Emily L $279,000 --
Hartnett Michael $65,000 Cti
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Libman Ronald David $212,500
Closed Wanek Mischa $244,800
Previous Owner Kutchins Emily L $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/21/2025 03/21/25 Rented $2,600 0.0% --
03/15/2025 03/15/25 Under Contract -- -- --
02/27/2025 02/27/25 Price Changed $2,600 -3.7% $2 / Sq Ft
01/26/2025 01/26/25 For Rent $2,700 +12.7% --
08/06/2020 08/06/20 Rented $2,395 0.0% --
07/24/2020 07/24/20 For Rent $2,395 +9.1% --
07/27/2018 07/27/18 Rented $2,195 0.0% --
07/11/2018 07/11/18 Under Contract -- -- --
06/19/2018 06/19/18 For Rent $2,195 0.0% --
07/28/2017 07/28/17 Rented $2,195 0.0% --
07/19/2017 07/19/17 Price Changed $2,195 -4.4% $2 / Sq Ft
07/13/2017 07/13/17 Price Changed $2,295 -4.2% $2 / Sq Ft
06/21/2017 06/21/17 For Rent $2,395 +9.1% --
03/12/2016 03/12/16 Rented $2,195 0.0% --
02/18/2016 02/18/16 Under Contract -- -- --
02/13/2016 02/13/16 Off Market $2,195 -- --
02/01/2016 02/01/16 For Rent $2,195 -- --
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 $6,350 $31,474 $10,914 $20,560
2023 $6,190 $30,000 $8,961 $21,039
2022 $6,190 $30,000 $8,961 $21,039
2021 $6,051 $29,999 $8,960 $21,039
2020 $5,072 $25,868 $7,213 $18,655
2019 $4,970 $28,166 $7,213 $20,953
2018 $4,885 $28,166 $7,213 $20,953
2017 $2,316 $14,134 $5,958 $8,176
2016 $2,331 $14,134 $5,958 $8,176
2015 $2,109 $14,134 $5,958 $8,176
2014 $1,887 $12,740 $5,331 $7,409
2013 $1,839 $12,740 $5,331 $7,409
Source: Public Records

Agents Affiliated with this Home

  • Michael Michalak

    Landlord's Agent in 2025

    Michael Michalak

    RE/MAX

    (312) 527-4417

    2 in this area

    141 Total Sales

    Michael Michalak
    Section Image

  • D

    Tenant's Agent in 2025

    Daniel Noshay

    Hudson Burnham Real Estate

    (847) 208-4672

    1 Total Sale

    Daniel Noshay
    Section Image
  • Brian Somera

    Buyer's Agent in 2020

    Brian Somera

    Coldwell Banker Realty

    (312) 912-7017

    38 Total Sales

    Brian Somera
    Section Image
  • Curtis Hunt

    Buyer's Agent in 2018

    Curtis Hunt

    Coldwell Banker Realty

    (773) 727-4448

    111 Total Sales

    Curtis Hunt
    Section Image

  • B

    Buyer's Agent in 2017

    Burt Bhairoo

    Jameson Sotheby's Intl Realty

    (312) 751-0300

    8 in this area

    91 Total Sales

    Burt Bhairoo
    Section Image
  • Jeremy Fisher

    Buyer's Agent in 2016

    Jeremy Fisher

    Compass

    (312) 319-1168

    1 in this area

    197 Total Sales

    Jeremy Fisher
    Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12277705

Midwest Real Estate Data (MRED)

APN: 17-22-311-030-1024

Illinois Cook County Chicago 60616 South Loop

2024 S Wabash Ave Unit 704, Chicago, IL

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