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1516 S Wabash Ave Unit 404, Chicago, IL, 60605

$379,000

Home List Price

$4,501*

Closing Credit

2 Bedrooms
2 Full Baths
Condo

Location

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1516 S Wabash Ave Unit 404, Chicago$379,000

Buyer Closing Credits

$4,501*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Attached Garage1 space
HeatingNatural Gas, Forced Air
CoolingCentral Air
MLS #12197719
StatusAccepting Backup Offers
(Contingent)

About 1516 S Wabash Ave Unit 404

Welcome 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

Property Features

Property Information:

  • Stories: 76

Listing Office:

  • Office Name: RE/MAX City
  • Office Phone: (773) 775-0600
  • Listing Agent: Martha Lozano

Interior Features

Interior Information:

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: No
  • Interior: Hardwood Floors

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Balcony

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: ROOSEVELT TO WABASH SOUTH TO 1516

Price Information

Listing Price Info

Price Summary:

  • List Price: $379,000

HOA Fees:

  • Amount: $729
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Chicago, IL.

Med. Sold Price

$363.9K

Med. Price/SqFt

$260

Avg. Days On Market

33

# of Sold Homes

1620

1516 S Wabash Ave Unit 404 vs Chicago

57 DAYS ON ROCKET

+24 Days

$379,000

+$15K More

KEY TAKEAWAY

This property is $15K more than the Median Sold Price in Chicago, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MRED
  • MLS Number: #12197719

Listing Office:

  • Office Name: RE/MAX City
  • Office Phone: (773) 775-0600
  • Listing Agent: Martha Lozano

IDX Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than the broker/agent who owns the website are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers.

All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

DIGITAL MILLENNIUM COPYRIGHT ACT (DMCA) NOTICE
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA") provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@theMLSGRID.co

The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/22/2024, 11:46:01 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1147434
4
/10
  • Cooper Elementary Academy

  • 1624 W 19th St

  • 2.16 miles

  • Public District Grades PK-5

school-card-donut-1147435
5
/10
  • Univ of Chicago Charter-Donoghue

  • 707 E 37th St

  • 2.54 miles

  • Public Charter Grades PK-5

school-card-donut-1147436
3
/10
  • Hope Learning Academy

  • 1628 W Washington Blvd

  • 2.64 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $76,534. The most common annual income of people living in Chicago, IL is between $35k-100k. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1516 S Wabash Ave Unit 404

What is the listing price of this property?

The listing price of 1516 S Wabash Ave Unit 404 property is $379,000.

What type of property is this?

The property 1516 S Wabash Ave Unit 404 is a condo located in Chicago, Illinois, 60605.

Is this property for sale now?

Accepting Backup Offers: 1516 S Wabash Ave Unit 404 is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

How many bedrooms and bathrooms does this property have?

The property at 1516 S Wabash Ave Unit 404 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The sq. ft. of 1516 S Wabash Ave Unit 404 is not available (source: MLS/tax record).

Rocket Homes›Illinois›Cook County›Chicago›60605›1516 S Wabash Ave Unit 404

This home is located at 1516 S Wabash Ave Unit 404 in Chicago, IL and zip code 60605 in the Near South Side neighborhood. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 27, 2024 and is currently priced at $379,000.

In November 2024, from all listings sold in Chicago, IL there were more than 521 sold above asking price, over 845 sold below and more than 254 were sold right at the asked price. The inventory of homes for sale in Chicago, IL between October 2024 and November 2024 increased by 2.1%. In November 2024 median list price was $363,936 and the average listing age was 33 days.

From Rocket Homes Real Estate and based on county public records data.

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