2 months on rocket

1516 S Wabash Ave Unit 708, Chicago, IL, 60605

$249,000

Home List Price

$2,957*

Closing Credit

1 Bedroom
1 Full Bath
800 SqFt
$311/SqFt
Condo

Location

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1516 S Wabash Ave Unit 708, Chicago$249,000

Buyer Closing Credits

$2,957*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Attached Garage1 space
HeatingNatural Gas
CoolingCentral Air
MLS #12141003
StatusActive

About 1516 S Wabash Ave Unit 708

Experience the Best of Chicago's South Loop Living at 1516 S Wabash Welcome to this stunning South Loop loft, where urban sophistication meets comfort. This bright and spacious loft features soaring 11-foot ceilings, a cozy fireplace, and gorgeous hardwood floors that flow throughout the space. The stainless steel appliances and ample closet space make this home as practical as it is stylish. Nestled in a boutique building, you'll enjoy exclusive amenities, including a fitness room and additional storage. Plus, your new home comes with an indoor assigned parking spot-no more circling the block for parking! Location, Location, Location! Located in the heart of the vibrant South Loop, you're steps away from everything you need: Public Transportation: A commuter's dream! The CTA Red, Green, and Orange Lines are just a short walk away, connecting you effortlessly to the rest of the city. Need a ride? Ride-share options are abundant, with quick pickups at your doorstep. |. Coffee & Dining: Wake up and smell the coffee! You're just minutes from local favorites like Dollop Coffee Co. and Spoke & Bird. Whether it's a quick morning pick-me-up or a leisurely brunch, your caffeine fix is always within reach. |. Groceries & Essentials: Grocery shopping is a breeze with Mariano's and Trader Joe's nearby. Grab fresh produce, gourmet goodies, and all your essentials without the hassle. |. Parks & Recreation: Get your green fix at the nearby Grant Park or the lush Museum Campus, where you can stroll, bike, or simply unwind with a view of Lake Michigan. With a bike score of 87, exploring the neighborhood on two wheels is a breeze. |. Community & Culture: Living in the South Loop means you're surrounded by some of Chicago's most iconic landmarks-Soldier Field, the Field Museum, and the Art Institute are all within walking distance. Plus, enjoy a strong sense of community with local events, farmers' markets, and more. |. Cable and Internet are included in the monthly HOA, making life even more convenient.

Property Details

Property Features

Property Information:

  • Stories: 1
  • Living Area: 800 SqFt

Listing Office:

  • Office Name: Dream Town Real Estate
  • Office Phone: (312) 242-1000
  • Listing Agent: Samantha Powell

Interior Features

Interior Information:

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: No
  • Interior: Hardwood Floors, Laundry Hook-Up in Unit

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Wabash To 15th Street, South To Property

Price Information

Listing Price Info

Price Summary:

  • List Price: $249,000
  • Price Per SqFt: $311/SqFt

HOA Fees:

  • Amount: $452
  • Frequency: Monthly
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Housing Market Comparison

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

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Chicago, IL

City

Med. Sold Price

$360.3K

Med. Price/SqFt

$259

Avg. Days On Market

32

# of Sold Homes

1796

1516 S Wabash Ave Unit 708 vs Chicago

85 DAYS ON ROCKET

+53 Days

$249,000

-$111.3K Less

$311/SqFt

+$51 More

KEY TAKEAWAY

This property is $111.3K less than the Median Sold Price and $51/SqFt more than other homes in Chicago, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MRED
  • MLS Number: #12141003

Listing Office:

  • Office Name: Dream Town Real Estate
  • Office Phone: (312) 242-1000
  • Listing Agent: Samantha Powell

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: 11/12/2024, 11:45:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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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-278070
4
/10

  • Cooper Elementary Academy

  • 1624 W 19th St

  • 2.16 miles

  • Public District Grades PK-5

school-card-donut-278071
5
/10

  • Univ of Chicago Charter-Donoghue

  • 707 E 37th St

  • 2.54 miles

  • Public Charter Grades PK-5

school-card-donut-278072
3
/10

  • Hope Learning Academy

  • 1628 W Washington Blvd

  • 2.64 miles

  • Public District Grades KG-5

All data from GreatSchools

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. Typical family type is single, no kids. The majority of 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 708

What is the listing price of this property?

The listing price of 1516 S Wabash Ave Unit 708 property is $249,000.

What type of property is this?

The property 1516 S Wabash Ave Unit 708 is a condo located in Chicago, Illinois, 60605.

Is this property for sale now?

Active Listing: 1516 S Wabash Ave Unit 708 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 1516 S Wabash Ave Unit 708 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 1516 S Wabash Ave Unit 708 is 800 SqFt (source: MLS/tax record).

Rocket Homes›Illinois›Cook County›Chicago›60605›1516 S Wabash Ave Unit 708

This home is located at 1516 S Wabash Ave Unit 708 in Chicago, IL and zip code 60605 in the Near South Side neighborhood. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since August 19, 2024 and is currently priced at $249,000.

Over 539 listings were sold over their listed price in October 2024 in Chicago, IL. In the same period over 919 listings were sold below the listed price and 337 listings were sold for the listed price. The number of homes for sale in Chicago, IL increased by 14.5% between September 2024 and October 2024. In October 2024 median list price was $360,336 and the average listing age was 32 days.

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

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