1516 S WABASH Avenue # 1102 Chicago, IL $ 439,000
1516 S WABASH Avenue # 1102
$ 439,000
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1516 S WABASH Avenue # 1102

Chicago, IL, 60605
$ 439,000
Bedrooms2 Baths2.0 Sq 1,500

Monthly Estimate*

$ 2,772

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Condo for sale in Chicago, IL

for $439,000 with 2 bedrooms and 2 full baths. This 1,500 square foot condo was built in 1920.

Landmark Lofts is an investor-friendly condo association, making this top-floor northeast-corner residence an exceptional opportunity for investors and owner-occupants. Based on estimated market rent for both the residence and deeded heated parking space, the property offers the potential for an upwards-of-6% capitalization rate, subject to buyer verification and operating assumptions. This expansive approximately 1,500-square-foot loft features 2 bedrooms, 2 full baths, soaring ceilings, oversized windows, sweeping skyline and lake views, and a private balcony. The open living and dining area flows into a renovated kitchen with quartz countertops, stainless-steel appliances, abundant cabinetry, and generous workspace. Additional highlights include an updated HVAC system, new full-size in-unit washer and dryer, a spacious primary suite with walk-in closet, dedicated storage, and deeded heated garage parking. Ideally located in the South Loop near the Loop, CTA transportation, Museum Campus, Grant Park, the lakefront, restaurants, shopping, universities, hospitals, and major employment centers. A turnkey rental condo investment with strong income potential, valuable parking revenue, and excellent owner-user flexibility. All rental and investment figures are estimates and should be independently verified by the buyer.

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Condo Active

Price

$ 439,000

Bedrooms

2

Full Bath

2

Property Type

Condo

Taxes

$ 7,109

Style

Condo,Condo-Loft,Penthouse

Year Built

1920

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12677489

Features
General
Living Area 1500
Sewer Public Sewer
Heating Natural Gas Forced Air
Cooling Central Air
Possession Closing
Roof Rubber
Appliances Range Microwave Dishwasher Refrigerator Washer Dryer Disposal Range Hood
HOA Fee 871
Garage Spaces 1
Association Fee Includes Water Parking Insurance TV/Cable Exercise Facilities Exterior Maintenance Scavenger Snow Removal
Construction Materials Brick Stone Limestone
Pets Allowed Cats OK Dogs OK
Year Built 1920
Electric Circuit Breakers 200+ Amp Service
Township South Chicago
Unit Number 1102
Tax Year 2024
Ownership Condo
Accessibility Two or More Access Exits
Assoc Fee Paid Per Monthly
County Cook
New Construction N
Property Type Residential Attached Single
Association Amenities Bike Room/Bike Trails Elevator in Residence Exercise Room Storage Receiving Room Security Door Lock(s)
Subdivision Name Landmark Lofts
Total Rooms 5
Full Baths 2
Status Active
Directions ROOSEVELT TO WABASH SOUTH TO PROPERTY
High School Jones College Prep High School
City Chicago
High School District 299
MLS Area CHI - Near South Side
Elementary School South Loop Elementary School
Tax Annual Amount 7109.76
Additional Parcels Y/N N
Virtual Tour https://my.matterport.com/show/?m=7dQxkVT5Ww3
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
Sub Type Condo Condo-Loft Penthouse
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Interior
Interior Amenities Storage Built-in Features Walk-In Closet(s) Open Floorplan
Basement None
Flooring Hardwood
Total Fireplaces 0
Total Stories 11
Half Baths 0
Laundry Features Washer Hookup In Unit
Total Bedrooms 2
Room Type Balcony/Porch/Lanai Foyer Walk In Closet
Total Baths 2
Bedrooms Possible 2
Bathroom Whirlpool
Total Number of Units 76
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Exterior
Model LOFT
Exterior Amenities Balcony
Parking Features Concrete Heated Garage Yes Garage Owned Attached Garage
Lot Features Common Grounds
Water Source Lake Michigan
Total Parking 1
Foundation Details Concrete Perimeter
Lot Dimensions COMMON
Waterfront Y/N N
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* Excluded Features
List By
Allure Real Estate

Broker

CSABU@ALLURE.REALESTATE;CSABU@CHICAGOREA.COM

Email

Affordability Calculator

$3,364
Per Month
82%
18%
0%
Monthly Principal & Interest
$2,772
Monthly Property Taxes
$592
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
567169 Elementary School
566846 Middle School
Jones College Prep High School High School
Pricing History
DatePricePrice ChangeDescription
7/14/2026$439,000 -2.44% Price Down
6/14/2026$450,000 Listed Price

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1516 S WABASH Avenue # 1102, Chicago, IL, 60605 is a Condo for sale at $439,000 with 1,500 sqft. 1516 S WABASH Avenue # 1102 has 2 bedrooms, 2.0 baths, and was built in 1920. The property's zip code is 60605 which is in Chicago, IL