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$438,000 Just Listed
Property Description
Welcome to this beautiful southeast-facing corner residence in the highly sought-after Prairie House, perfectly situated in Chicago's desirable South Loop. This bright and spacious 2-bedroom, 2-bath condo offers 1,273 square feet of comfortable living space with spectacular views of Lake Michigan, Soldier Field, and the Museum Campus from your private outdoor balcony. The open-concept living and dining area features newly refinished hardwood floors, abundant natural light, and a warm and inviting atmosphere. The updated kitchen offers granite countertops, maple cabinetry, stainless steel appliances, and plenty of space for everyday living and entertaining. Both bedrooms feature brand-new carpeting, while the spacious primary suite includes a granite-topped vanity, separate shower, and relaxing Jacuzzi tub. A full-size washer and dryer add everyday convenience. Prairie House offers exceptional amenities including 24-hour front-door security, on-site management, fitness center, party room, and an expansive rooftop deck with breathtaking city and lake views. A storage locker and heated parking space are included, with an additional parking space available for purchase ($25,000) Enjoy an unbeatable South Loop location just blocks from Lake Michigan, Museum Campus, Soldier Field, parks, restaurants, shopping, and transportation. With its beautiful views, generous floor plan, desirable corner location, and incredible amenities, this is city living at its finest!
Full Property Details
Full Property Details for 1515 S Prairie Ave #506
General
- Price: $438,000
- HOA FEE: $1,110/month
- Taxes: $8,050 (2025)
- Status: Active
- Type: Condo
- Source: MRED
- MLS ID: 12742308
Interior
- Basement: None
- Interior Features: Storage, Walk-In Closet(s), Open Floorplan, Dining Combo, Pantry
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Living Room, Gas Log
- Appliances: Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s), Cooktop, Oven
- Flooring: Hardwood, Carpet
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Bathroom Features: Separate Shower, Double Sink, Soaking Tub
Bedrooms
- Total Bedrooms: 2
Additional Information
- Shared Amenities: Bike Room/Bike Trails, Door Person, Elevator in Residence, Exercise Room, Storage, On-Site Manager/Engineer, Party Room, Sundeck, Service Elevator(s), Valet/Cleaner
- Equipment: Cable TV, Carbon Monoxide Detectors
- Other Features: Commuter Bus, Commuter Train, Interstate Access
Exterior
- Exterior Features: Balcony
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Features: Garage Door Opener, Heated Garage, Yes, Deeded, Attached, Garage
Location
- Area: CHI - Near South Side
- County: Cook
- Township: South Chicago
- Subdivision: Prairie House
- Driving Directions: Roosevelt Rd to Indiana Ave to 15th St to Prairie Ave
School Information
- School District: 299
- Elem School District: 299
- Midd School District: 299
- High School District: 299
Community
- Assoc. Fees Include: Heat, Air Conditioning, Water, Gas, Parking, Insurance, Doorman, TV/Cable, Exercise Facilities, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
- Pets Allowed: Yes
- Pets: Cats OK, Dogs OK, Number Limit
- Pet Restrictions: Cats OK, Dogs OK, Number Limit, / 999lbs.
- Mgmt. Company: Sudler Property Management
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Lake Michigan, Public
Structural Information
- Structure Type: Condo, High-Rise (7 or More Stories)
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: None
- Common Walls: End Unit
- Windows: Screens, Blinds
- Doors: Sliding Doors, Lever Style Door Handles
- Sub-Flooring: Hardwood, Carpet
- Entry Floor Number: 5
- Stories/Levels: 15
- Square Feet: 1,273
- Sq. Ft. Source: Assessor
- Year Built: 2003
Unit Information
- Units in Building: 187
Additional Structures
- Other Structures: None
Lot Features
- Lot Dimensions: COMMON
- Lot Features: Common Grounds
Animals
- Animals Allowed: Cats OK, Dogs OK, Number Limit
Water Features
- Water View: Yes
- Water Front Name: LAKE MICHIGAN
- Water Front View: Back of Property
Financial Considerations
- Association Fee: $1,110
- Assoc Fee Freq.: Monthly
- Parking Included: Yes
- Deeded Garage Cost: $25,000
- Assessment Year: 2003
- Tax Amount: $8,050
- Tax Year: 2025
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Condo
- Property ID: 17221101071025
Listed by Redfin Corporation
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Schools
Schools serving 1515 S Prairie Ave #506
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
South Loop Elementary School 1212 South Plymouth Court, Chicago, IL 60605 | PK-8 | 0.6 mi |
Phillips Academy High School 244 East Pershing Road, Chicago, IL 60653 | 12-11 | 2.5 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 1515 S Prairie Ave #506
Year
Property Taxes
Change
Tax Assessment
Change
2023
$7,480
—
$33,989
-4%
2023
$7,480
14%
$35,336
—
2022
$6,585
2%
$35,336
—
2021
$6,455
-3%
$35,336
8%
2020
$6,627
2%
$32,850
-8%
2019
$6,477
2%
$35,666
—
2018
$6,367
20%
$35,666
27%
2017
$5,301
4%
$27,999
—
2016
$5,108
10%
$27,999
—
2015
$4,650
3%
$27,999
4%
2014
$4,527
2%
$26,970
—
2013
$4,427
1%
$26,970
—
2012
$4,392
—
$26,970
—
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 1515 S Prairie Ave #506
1515 S Prairie Avenue #506, Chicago, IL 60605 (MLS# 12742308) is a Condo property with 2 bedrooms and 2 full bathrooms. 1515 S Prairie Avenue #506 is currently listed for $438,000 and was received on August 28, 2026. Want to learn more about 1515 S Prairie Avenue #506? 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.
