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Backup Offers

50 E 16th St Unit 1114, Chicago, IL, 60616

$290,000

Home List Price

$3,444*

Closing Credit

1 Bedroom
1 Full Bath
890 SqFt
$326/SqFt
Condo

Location

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50 E 16th St Unit 1114, Chicago$290,000

Buyer Closing Credits

$3,444*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Attached Garage1 space
Year Built2008
HeatingElectric
CoolingCentral Air
MLS #12204816
StatusAccepting Backup Offers
(Contingent)

About 50 E 16th St Unit 1114

Experience modern living in this stunning industrial loft at The Guild in Chicago's South Loop, offering sweeping skyline views and an urban oasis above the city. The sleek kitchen is ideal for entertaining, with quartz countertops featuring an infinite edge, stainless steel appliances, and a stylish range hood with suspended lighting from the 10-foot ceilings. Custom Plexiglass partitions separate the living area and bedroom, providing a soundproof retreat for ultimate relaxation. The spacious bedroom includes a walk-in closet and an en suite bathroom with ample storage in the quartz topped vanity. The bathroom is complete with a soaking tub, large textured tiles, plus an additional entrance from the hallway for added convenience. Floor-to-ceiling architectural tempered glass along the western wall minimizes noise, creating a peaceful ambiance. When it's time to enjoy the outdoors, the west facing 17-foot private balcony offers the perfect setting for sunsets and memorable gatherings. This 14-story high-rise offers an impressive array of amenities, including a well-equipped fitness center, resident lounge, door staff, bike storage, package receiving room, on-site manager and engineer, and convenient on-site parking. The Guild is a pet-friendly building with easy access to multiple near by dog parks, perfect for your four-legged friends. Residents will also enjoy close proximity to Lake Michigan, beautiful parks, renowned museums, shopping, award-winning restaurants, entertainment, and Solider Field. 1 deeded parking spot available for 25,000. The possibilities are endless when you have found your space.

Property Details

Property Features

Property Information:

  • Year Built: 2008
  • Stories: 14
  • Living Area: 890 SqFt

Listing Office:

  • Office Name: Space Finder Inc
  • Office Phone: (312) 678-4000
  • Listing Agent: John Alley

Interior Features

Interior Information:

  • Basement: No

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: Electric
  • Cooling: Central Air

Other

Directions Information:

  • Directions: South Michigan Ave to West on 16th St

Price Information

Listing Price Info

Price Summary:

  • List Price: $290,000
  • Price Per SqFt: $326/SqFt

HOA Fees:

  • Amount: $672
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $4,585
  • Tax Year: 2019
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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

$363.9K

Med. Price/SqFt

$260

Avg. Days On Market

33

# of Sold Homes

1620

50 E 16th St Unit 1114 vs Chicago

42 DAYS ON ROCKET

+9 Days

$290,000

-$73.9K Less

$326/SqFt

+$65 More

KEY TAKEAWAY

This property is $73.9K less than the Median Sold Price and $65/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: #12204816

Listing Office:

  • Office Name: Space Finder Inc
  • Office Phone: (312) 678-4000
  • Listing Agent: John Alley

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: 12/19/2024, 10:16:03 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 22, 2016Home Sold
$290,500

Tax History

YEARPROP. TAXASSESSMENT
2019$4,585$26,252
2018$4,507$26,252
2017$2,710$15,966

History based on county public records data.

Payment Calculator

$2,187

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$936

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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-234949
4
/10

  • Cooper Elementary Academy

  • 1624 W 19th St

  • 2.18 miles

  • Public District Grades PK-5

school-card-donut-234950
5
/10

  • Univ of Chicago Charter-Donoghue

  • 707 E 37th St

  • 2.43 miles

  • Public Charter Grades PK-5

school-card-donut-234951
3
/10

  • Hope Learning Academy

  • 1628 W Washington Blvd

  • 2.72 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 $91,719. Residents of Chicago, IL typically earn between $35k-100k each year. 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 50 E 16th St Unit 1114

What is the listing price of this property?

The listing price of 50 E 16th St Unit 1114 property is $290,000.

What type of property is this?

The property 50 E 16th St Unit 1114 is a condo located in Chicago, Illinois, 60616.

Is this property for sale now?

Accepting Backup Offers: 50 E 16th St Unit 1114 is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2019 is $4,585 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on March 22, 2016 for $290,500. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 50 E 16th St Unit 1114 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 50 E 16th St Unit 1114 is 890 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 50 E 16th St Unit 1114 is 2008.

Rocket Homes›Illinois›Cook County›Chicago›60616›50 E 16th St Unit 1114

This home is located at 50 E 16th St Unit 1114 in Chicago, IL and zip code 60616 in the Near South Side neighborhood. This 890 square foot home was built in 2008. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since November 07, 2024 and is currently priced at $290,000.

In November 2024 more than 521 listings in Chicago, IL were sold above the asking price. During the same period more than 254 listings were sold at asking price, while more than 845 were sold below. Between October 2024 and November 2024, Chicago, IL real estate market has seen increase in the number of listings by 2.1%. While the average time on the market in November 2024 was 33 days, the median list price was $363,936.

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

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