1516 S Wabash Avenue #401, Chicago, IL 60605 - Photo 1

1/1

$355,000

Sold
Closed
Condo
2 Beds
1 Full Bath
1 Partial Bath
1 Car Garage

1/1

Property Description

Investor Friendly! Located in the heart of Chicago's South Loop, this 2-bed, 1.5-bath loft condo blends character and modern style. Exposed brick, tall ceilings, and hardwood floors create a warm, open feel. The remodeled kitchen features white cabinetry, Quartz counters, stainless appliances, and a large island with seating, flowing into a defined dining area and a bright living room with fireplace. The primary suite includes a walk-in closet and private bath; the second bedroom is generously sized. Enjoy in-unit laundry, a newer A/C unit, and a private balcony with sweeping 180 degree views. Building perks include pet-friendly living, a fitness room, onsite maintenance, basement storage, and optional garage parking ($35K). Major updates-elevator, exterior brick, balconies, and roof-were completed in recent years. Steps from parks, dog park, groceries, restaurants, the Museum Campus, Northerly Island, CTA, and highway access.

Full Property Details

Full Property Details for 1516 S Wabash Ave #401

General

Sold For: $355,000
HOA FEE: $694/month
Taxes: $6,680 (2023)
Status: Closed
Type: Condo
Source: MRED
MLS ID: 12464786
Added to Site: 128 day(s) ago

Rooms

Bathrooms

Total Bathrooms: 2
Full Bathrooms: 1
Half Bathrooms: 1

Bedrooms

Total Bedrooms: 2

Additional Information

Other Features: Commuter Bus

Parking

Garage: Yes
Attached garage: Yes
Garage Spaces: 1
Total Spaces: 1
Parking Features: Yes, Other, Attached, Garage

Location

Area: CHI - Near South Side
County: Cook
Driving Directions: LSD to Roosevelt, South on Wabash

School Information

School District: 299
Midd School District: 299

Community

Assoc. Fees Include: Heat, Air Conditioning, Water, Gas, Insurance, TV/Cable, Internet
Pets Allowed: Yes
Pet Restrictions: Cats OK, Dogs OK
Mgmt. Company: Hales

Heating & Cooling

Cooling Type: Central Air Conditioning
Heating Type: Electric

Utilities

Water: Public

Structural Information

Structure Type: Condo, Condo/Loft, High-Rise (7 or More Stories)
Construction: Brick
Exterior Const.: Brick
Basement Desc.: None
Entry Floor Number: 11
Stories/Levels: 11
Sq. Ft. Source: Not Reported
Year Built: 1920
Built Before 1978: Yes

Unit Information

Units in Building: 76

Lot Features

Lot Dimensions: Common

Financial Considerations

Association Fee: $694
Assoc Fee Freq.: Monthly
Parking Included: Yes
Assessment Year: 1920
Tax Amount: $6,680
Tax Year: 2023

Disclosures and Reports

Ownership: Condo
Property ID: 17221060741003

Listed by @properties Christie's International Real Estate
Sold by @properties Christie's International Real Estate

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Schools

Schools serving 1516 S Wabash Ave #401

School District:Chicago Public School District 299

Name	Grades	Distance
South Loop Elementary School 1212 South Plymouth Court, Chicago, IL 60605	PK-8	0.4 mi
Phillips Academy High School 244 East Pershing Road, Chicago, IL 60653	12-11	2.6 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1516 S Wabash Ave #401

Date

Details

Price

Change

Source

12/09/2025

Sold

$355,000

7.58%

MLS

10/03/2025

Price Reduced

$330,000

-2.94%

MLS

9/10/2025

Listed

$340,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Sq. Ft.

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Total Baths
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Sq. Ft.

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2
Beds
2
Total Baths
1,200
Sq. Ft.

1516 S Wabash Avenue #401, Chicago, IL 60605 (MLS# 12464786) is a Condo property that was sold at $355,000 on December 09, 2025. Want to learn more about 1516 S Wabash Avenue #401? 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.

1516 S Wabash Ave #401 Chicago, IL 60605