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$485,000
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Property Description
Situated in the heart of the South Loop along iconic Indiana Avenue, this sprawling 2-bedroom, 2-bathroom duplex condo offers the perfect blend of space, updates, and outdoor living. Enjoy both a private front patio on the main level and a secluded terrace off the primary bedroom suite-ideal for relaxing, entertaining, or gardening. The primary bedroom is conveniently located on the main level, featuring an en-suite bath and a spacious walk-in closet. The second bedroom is located on the lower level and includes a built-in Murphy bed and large walk-in closet, making it a perfect flexible space for use as a guest room, home office, or both. Inside, the home boasts newly refinished hardwood floors throughout (2025), brand-new carpet on the stairs (2025), and fresh paint. The kitchen has been upgraded with all-new appliances (2025), and there is a new front-loading LG washer and dryer (2025). Major mechanicals have been well maintained, including a new furnace (2021) and AC condenser (2023). Building improvements include a new roof (2017) and exterior brick sealing (2023). This well-managed, primarily owner-occupied community offers no rental cap, strong reserves, and no planned special assessments. One large attached garage parking space is included. All of this in an unbeatable South Loop location-just steps to Jewel grocery, public transportation (train + bus), award-winning restaurants, shopping, the lakefront, bike trails, dog parks, museums, farmers markets, and more.
Full Property Details
Full Property Details for 1616 S Indiana Ave #B3
General
- Sold For: $485,000
- HOA FEE: $391/month
- Taxes: $8,255 (2023)
- Status: Closed
- Type: Condo
- Source: MRED
- MLS ID: 12507166
- Added to Site: 79 day(s) ago
Interior
- Fireplace: Yes
- Fireplace(s): Living Room, Gas Log
- Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Humidifier
- Flooring: Hardwood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Additional Information
- Equipment: Security System, Intercom
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 1
- Total Spaces: 1
- Parking Features: Garage Door Opener, Yes, Garage Owned, Attached, Garage
Location
- Area: CHI - Near South Side
- County: Cook
- Driving Directions: Indiana Avenue to 1616 south.
School Information
- School District: 299
- Midd School District: 299
Community
- Assoc. Fees Include: Water, Insurance, Scavenger, Snow Removal
- Pets Allowed: Yes
- Pet Restrictions: Cats OK, Dogs OK, / 999lbs.
- Mgmt. Company: WESTWARD
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Natural Gas, Forced Air
Utilities
- Water: Lake Michigan
Structural Information
- Structure Type: Half Duplex, Condo, Condo/Duplex
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: None
- Sub-Flooring: Hardwood
- Entry Floor Number: 2
- Stories/Levels: 2
- Sq. Ft. Source: Not Reported
- Year Built: 1996
Unit Information
- Units in Building: 10
Lot Features
- Lot Dimensions: COMMON
Financial Considerations
- Association Fee: $391
- Assoc Fee Freq.: Monthly
- Parking Included: Yes
- Assessment Year: 1996
- Tax Amount: $8,255
- Tax Year: 2023
Disclosures and Reports
- Ownership: Condo
- Special Conditions: List Broker Must Accompany
- Property ID: 17223020491004
Listed by @properties Christie's International Real Estate
Sold by Keller Williams ONEChicago
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Schools
Schools serving 1616 S Indiana Ave #B3
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 | 2.4 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 1616 S Indiana Ave #B3
Date
Details
Price
Change
Source
1/09/2026
Sold
$485,000
-3%
MLS
10/30/2025
Listed
$500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1616 S Indiana Avenue #B3, Chicago, IL 60616 (MLS# 12507166) is a Condo property that was sold at $485,000 on January 09, 2026. Want to learn more about 1616 S Indiana Avenue #B3? 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.

