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Property Description
If you're searching for a home with true character, this one delivers! Featuring 15-foot ceilings, exposed timber beams, a gas fireplace, diagonal hardwood floors, and a full wall of windows stretching the length of the home, create a warm yet striking living space that stands apart from the ordinary. The open-concept kitchen with breakfast bar seamlessly connects to the main living area-ideal for both everyday living and entertaining. Step onto the spacious private balcony and enjoy sweeping views of the iconic Willis Tower and city skyline. The expansive primary suite features a large walk-in closet, while the generously sized second bedroom offers ample storage and flexibility. Additional highlights include newer stainless steel appliances, in-unit laundry room with side-by-side, large capacity washer and dryer. This home is just steps from Jewel, Lake Michigan, the "El", Grant Park, Shedd Aquarium, and some of the city's best dining and nightlife. Heated, attached, premium garage parking and additional storage included. A rare, character-filled home that's anything but ordinary.
Full Property Details
Full Property Details for 1243 S Wabash Ave #503
General
- Price: $430,000
- HOA FEE: $549/month
- Taxes: $8,008 (2024)
- Status: Active
- Type: Condo
- Source: MRED
- MLS ID: 12642755
- Updated: 5/12/2026
- Added to Site: 5 day(s) ago
Interior
- Basement: None
- Interior Features: Walk-In Closet(s), Beamed Ceilings, Open Floorplan
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Living Room
- Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s), Gas Oven
- Flooring: Hardwood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Additional Information
- Shared Amenities: Elevator in Residence, Storage, Security Door Lock(s), Intercom
Exterior
- Exterior Features: Balcony
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 1
- Total Spaces: 1
- Parking Features: Garage Door Opener, Heated Garage, Yes, Garage Owned, Attached, Garage
Location
- Area: CHI - Near South Side
- County: Cook
- Township: North Chicago
- Subdivision: Wabash Flats
- Driving Directions: Expressway to Roosevelt, East on Roosevelt, South on Wabash or Michigan Avenue, West on Roosevelt, South on Wabash to 1243
School Information
- School District: 299
- Elem School District: 299
- Midd School District: 299
- High School District: 299
Community
- Assoc. Fees Include: Water, TV/Cable
- Pets Allowed: Yes
- Pets: Cats OK, Dogs OK, Number Limit
- Pet Restrictions: Cats OK, Dogs OK, Number Limit, / 999lbs.
- Mgmt. Company: GNP Management Group
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Natural Gas, Forced Air
Utilities
- Sewer: Public Sewer
- Water: Lake Michigan
Structural Information
- Structure Type: Condo, Condo/Loft
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: None
- Sub-Flooring: Hardwood
- Entry Floor Number: 5
- Stories/Levels: 6
- Sq. Ft. Source: Not Reported
Unit Information
- Units in Building: 25
Lot Features
- Lot Dimensions: COMMON
Animals
- Animals Allowed: Cats OK, Dogs OK, Number Limit
Financial Considerations
- Association Fee: $549
- Assoc Fee Freq.: Monthly
- Parking Included: Yes
- Tax Amount: $8,008.53
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Condo
- Special Conditions: List Broker Must Accompany
- Property ID: 17221010381015
Listed by Baird & Warner
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Schools
Schools serving 1243 S Wabash Ave #503
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
South Loop Elementary School 1212 South Plymouth Court, Chicago, IL 60605 | PK-8 | 0.2 mi |
Phillips Academy High School 244 East Pershing Road, Chicago, IL 60653 | 12-11 | 2.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1243 S Wabash Ave #503
Date
Details
Price
Change
Source
5/11/2026
Listed
$430,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1243 S Wabash Ave #503
Year
Property Taxes
Change
Tax Assessment
Change
2023
$7,620
—
$39,142
9%
2023
$7,620
3%
$35,999
—
2022
$7,427
2%
$35,999
—
2021
$7,261
-6%
$35,999
3%
2020
$7,751
12%
$34,794
-8%
2019
$6,923
2%
$37,886
—
2018
$6,805
8%
$37,886
16%
2017
$6,302
4%
$32,650
—
2016
$6,039
10%
$32,650
—
2015
$5,502
23%
$32,650
22%
2014
$4,488
2%
$26,760
—
2013
$4,389
1%
$26,760
—
2012
$4,354
—
$26,760
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1243 S Wabash Ave #503
1243 S Wabash Avenue #503, Chicago, IL 60605 (MLS# 12642755) is a Condo property with 2 bedrooms and 2 full bathrooms. 1243 S Wabash Avenue #503 is currently listed for $430,000 and was received on May 11, 2026. Want to learn more about 1243 S Wabash Avenue #503? Do you have questions about finding other Condo real estate for sale in Near South Side? You can browse all Near South Side real estate or contact a Coldwell Banker agent to request more information.

