$227,954
RENTED JUL 15, 2025

2024 S Wabash Ave Unit 705 Chicago, IL 60616

South Loop Neighborhood
1 Bed
1 Bath
763 Sq Ft
1917 Built

Highlights

  • Fitness Center
  • Wood Flooring
  • Elevator
  • Open Floorplan
  • Whirlpool Bathtub
  • Balcony

About This Home

As of July 2025

Available 8/1. Experience elevated city living in this beautifully maintained, top-floor condo located in the historic Ravinia Lofts. This spacious 1-bedroom, 1-bath residence showcases classic loft features, the home offers exposed brick, soaring ceilings, and hardwood floors throughout. Abundant natural light pours in through unobstructed south-facing windows. The open-concept living and dining space features a cozy gas fireplace and expansive glass balcony doors that lead to a private balcony with stunning views - perfect for relaxing or entertaining. The kitchen is designed for both style and function, featuring granite countertops, wood cabinetry, and newer appliances. Additional highlights include central heat and air conditioning, an in-unit washer and dryer, and ample storage throughout. Building amenities include a beautifully preserved vintage lobby, elevator, fitness center, and bike storage. This prime location in the South Loop has an impressive walk score of 96 and offers easy access to numerous restaurants, Lakeshore Drive, 55, 90/94, the Lakefront Trail, Soldier Field, Burnham Harbor, Prairie District Park with a dog area, McCormick Place, the Green and Red Lines, Mariano's, Chinatown, and more. Condo fees include a $300 non refundable move in/out fee. Landlord has a $400 non refundable admin fee. No SD. Sorry no pets. The best garage parking spot is also available for an additional $225/mo. Cable/Internet included in rent!

Last Agent to Rent the Property

Matt Engle

Fulton Grace Realty License #475167329 Listed on: 06/18/2025

Fulton Grace Realty

Co-Listed By

Anjalesa Fonseca

Fulton Grace Realty License #475212311

Last Renter's Agent

Nona Edwards

Cross Street Real Estate License #475214992

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,022

Year Built

  • 1917

Parking

  • 1 Car Garage

Home Design

  • Entry on the 7th floor
  • Brick Exterior Construction

Interior Spaces

  • 763 Sq Ft Home
  • Open Floorplan
  • Entrance Foyer
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Wood Flooring

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating and Cooling System
  • 100 Amp Service
  • Lake Michigan Water

Listing and Financial Details

  • Property Available on 8/1/25
  • Rent includes cable TV, water, exterior maintenance, lawn care, snow removal, internet
  • 12 Month Lease Term

Community Details

Overview

  • 42 Units
  • Association Phone (312) 379-0400
  • Property managed by Forth Group
  • 7-Story Property

Amenities

  • Common Area
  • Elevator

Recreation

  • Fitness Center
  • Bike Trail

Pet Policy

  • No Pets Allowed

Security

  • Resident Manager or Management On Site

Condo Details

Home Type

Condominium

Est. Annual Taxes

$4,022

Year Built

1917

Lot Details

0

Parking

1

Rental Info

  • Available Date: 2025-08-01
  • Lease Amount: 225
  • Lease Term: 12 Months
  • Board Number: 8
  • Pets Allowed (Y/N): No
  • Rental Price: 1900
  • Security Deposit: TBD
  • Is Parking Included in Price: No
  • Fees/Approvals: Credit Report,Fee for Bike Room,Move-in Fee

Listing Details

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

Interior Features

  • Appliances: Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplaces: 1
  • Flooring: Hardwood
  • Interior Amenities: High Ceilings, Open Floorplan
  • LivingArea: 763
  • Room Type: Balcony/Porch/Lanai, Foyer
  • Stories Total: 7
  • Estimated Total Finished Sq Ft: 0
  • Bathroom Amenities: Whirlpool
  • Below Grade Bedrooms: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Flooring: Hardwood

Exterior Features

  • Construction Materials: Brick
  • ExteriorFeatures: Balcony
  • Lot Features: Common Grounds
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Heated Garage, On Site, Leased, Attached, Garage
  • ParkingTotal: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: 100 Amp Service
  • Heating: Forced Air
  • Laundry Features: Washer Hookup, In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Amenities: Bike Room/Bike Trails, Elevator(s), Exercise Room
  • Rent Includes: Cable TV, Water, Exterior Maintenance, Lawn Care, Snow Removal, Internet
  • Management: Manager Off-site
  • Management Company: Forth Group
  • Management Phone: 312-379-0400

Lot Info

  • Lot Dimensions: COMMON

Multi Family

  • Units in Building: 42

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 29, 2006
Sold by
Neri Rita A
Bought by
Loftus Valerie L
Current Estimated Value
$227,954

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,250
Outstanding Balance
$130,851
Interest Rate
8.25%
Mortgage Type
Unknown
Estimated Equity
$97,103

Purchase Details

Closed on
Jun 7, 2001
Sold by
The Reliable Building Llc
Bought by
Neri Rita A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,900
Interest Rate
6.95%
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
Loftus Valerie L $222,500 Attorneys Title Guaranty Fun
Neri Rita A $212,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Loftus Valerie L $200,250
Previous Owner Neri Rita A $169,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/15/2025 07/15/25 Rented $2,200 +15.8% --
06/30/2025 06/30/25 Under Contract -- -- --
06/18/2025 06/18/25 For Rent $1,900 0.0% --
04/30/2024 04/30/24 Rented $1,900 +11.8% --
04/27/2024 04/27/24 Off Market $1,700 -- --
04/20/2024 04/20/24 For Rent $1,700 +9.7% --
01/27/2021 01/27/21 Rented $1,550 0.0% --
12/30/2020 12/30/20 For Rent $1,550 -3.1% --
09/24/2018 09/24/18 Rented $1,600 -3.0% --
09/16/2018 09/16/18 Under Contract -- -- --
08/06/2018 08/06/18 For Rent $1,650 -- --
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 $4,022 $20,642 $7,158 $13,484
2023 $3,920 $19,000 $5,877 $13,123
2022 $3,920 $19,000 $5,877 $13,123
2021 $3,832 $18,998 $5,876 $13,122
2020 $3,779 $16,965 $4,730 $12,235
2019 $3,711 $18,472 $4,730 $13,742
2018 $3,649 $18,472 $4,730 $13,742
2017 $1,996 $9,270 $3,908 $5,362
2016 $1,857 $9,270 $3,908 $5,362
2015 $1,699 $9,270 $3,908 $5,362
2014 $1,550 $8,355 $3,496 $4,859
2013 $1,520 $8,355 $3,496 $4,859
Source: Public Records

Agents Affiliated with this Home

  • Matt Engle

    Landlord's Agent in 2025

    Matt Engle

    Fulton Grace

    (717) 658-0899

    4 in this area

    197 Total Sales

    Matt Engle
    Section Image

  • A

    Landlord's Co-Listing Agent in 2025

    Anjalesa Fonseca

    Fulton Grace

    (331) 264-3934

    13 Total Sales

    Anjalesa Fonseca
    Section Image

  • N

    Tenant's Agent in 2025

    Nona Edwards

    Cross Street Real Estate

  • Theresa Olson

    Seller's Agent in 2024

    Theresa Olson

    Compass

    (312) 388-9701

    22 Total Sales

    Theresa Olson
    Section Image
  • Kelly Turner

    Buyer's Agent in 2024

    Kelly Turner

    Century 21 Circle

    (708) 595-7099

    12 Total Sales

    Kelly Turner
    Section Image
  • Jona Melendez

    Seller's Agent in 2021

    Jona Melendez

    RE/MAX

    (312) 912-3248

    23 Total Sales

    Jona Melendez
    Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12397491

Midwest Real Estate Data (MRED)

APN: 17-22-311-030-1030

Illinois Cook County Chicago 60616 South Loop

2024 S Wabash Ave Unit 705, Chicago, IL

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