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$515,000 Just Listed
Property Description
Penthouse living in the heart of the South Loop. Residence #705 at Film Exchange Lofts offers 2,000 square feet with soaring ceilings, expansive windows, and a wide, open layout. Originally a three-bedroom, this home has been reconfigured into an oversized two-bedroom to enhance scale and flow. Meticulously maintained with thoughtful updates including electronic entry, a custom pantry build-out with electrical, and newer in-unit washer and dryer. A standout feature is the exceptional outdoor space with three private areas, including two balconies and a dedicated rooftop space exclusive to the unit. Ideal for entertaining or everyday living, the expansive living and dining areas are complemented by hardwood flooring and a well-appointed kitchen with high-end appliances. The primary suite offers private outdoor access and a spacious bath with dual vanity, soaking tub, and separate shower. Deeded tandem garage parking spaces available for $30,000. Storage space #72 included with unit. Located in a professionally managed loft building in the South Loop, just moments from Grant Park, the lakefront, Museum Campus, Roosevelt Collection, dining, shopping, and convenient public transit. A unique opportunity to own a penthouse with exceptional space and outdoor living.
Full Property Details
Full Property Details for 1307 S Wabash Ave #705
General
- Price: $515,000
- HOA FEE: $1,270/month
- Taxes: $12,112 (2024)
- Status: Active
- Type: Condo
- Source: MRED
- MLS ID: 12700111
Interior
- Basement: None
- Interior Features: Cathedral Ceiling(s), Storage, Open Floorplan
- Appliances: Range, Microwave, Dishwasher, Refrigerator, High-End Refrigerator, Freezer, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
- Flooring: Hardwood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Bathroom Features: Separate Shower, Double Sink, Soaking Tub
Bedrooms
- Total Bedrooms: 2
Additional Information
- Shared Amenities: Elevator in Residence, On-Site Manager/Engineer
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Features: Garage Door Opener, Tandem, Yes, Garage Owned, Attached, Garage
Location
- Area: CHI - Near South Side
- County: Cook
- Township: South Chicago
- Driving Directions: ROOSEVELT (1200S) TO WABASH, SOUTH TO PROPERTY
School Information
- School District: 299
- Elem School District: 299
- Midd School District: 299
- High School District: 299
- Elementary School: South Loop Elementary School
Community
- Assoc. Fees Include: Water, Parking, Insurance, TV/Cable, Exterior Maintenance, Scavenger, Snow Removal, Internet
- Pets Allowed: Yes
- Pets: Cats OK, Dogs OK
- Pet Restrictions: Cats OK, Dogs OK, / 999lbs.
- Mgmt. Company: First Service Residential
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
- Windows: Skylight(s)
- Sub-Flooring: Hardwood
- Entry Floor Number: 7
- Stories/Levels: 7
- Square Feet: 2,000
- Sq. Ft. Source: Other
- Built Before 1978: Yes
- Remodeled/Updated: 2002
Unit Information
- Units in Building: 73
Lot Features
- Lot Dimensions: COMMON
Animals
- Animals Allowed: Cats OK, Dogs OK
Financial Considerations
- Association Fee: $1,270
- Assoc Fee Freq.: Monthly
- Tax Amount: $12,112.54
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Condo
- Property ID: 17221040321030
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Schools
Schools serving 1307 S Wabash Ave #705
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 | 2.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Tax History
Tax History for 1307 S Wabash Ave #705
Year
Property Taxes
Change
Tax Assessment
Change
2023
$12,152
—
$57,047
-1%
2023
$12,152
3%
$57,406
—
2022
$11,844
2%
$57,406
—
2021
$11,578
5%
$57,406
16%
2020
$11,001
9%
$49,385
-8%
2019
$10,114
2%
$53,771
—
2018
$9,943
12%
$53,771
21%
2017
$8,868
5%
$44,572
—
2016
$8,427
10%
$44,572
—
2015
$7,687
8%
$44,572
9%
2014
$7,114
2%
$40,913
—
2013
$6,963
1%
$40,913
—
2012
$6,894
—
$40,913
—
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 1307 S Wabash Ave #705
1307 S Wabash Avenue #705, Chicago, IL 60605 (MLS# 12700111) is a Condo property with 2 bedrooms and 2 full bathrooms. 1307 S Wabash Avenue #705 is currently listed for $515,000 and was received on July 13, 2026. Want to learn more about 1307 S Wabash Avenue #705? 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.
