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$525,000
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Property Description
Live in the middle of it all! Walk to work, shopping, transportation, entertainment, Grant Park, and the lakefront. This 1600+ sqft corner unit 2-bedroom/2-bath soft loft, boasts bright South and West views, a new kitchen with quartz waterfall counters, and a full suite of new stainless steel appliances. The spacious combined living/dining space provides plenty of room for hosting the extended family for a sit-down dinner and room to socialize afterward in a living area that will accommodate the largest sofa pit group and television. The primary bedroom with en-suite bath and walk-in closet will easily accommodate a king bed, dressers, and a sitting area! The secondary bedroom will also accommodate a king bed and furniture. A separate flex space could be an office/den, a home gym, or even a guest bedroom area. A stacked washer/dryer rounds out the conveniences offered by this well-appointed unit. The large storage room is located directly across the hall from the unit. HOA fees include heating, air-conditioning, and gas, so electricity and Internet are paid separately. Pet-friendly building permits both cats and dogs.
Full Property Details
Full Property Details for 5 N Wabash Ave #1201
General
- Price: $525,000
- HOA FEE: $1,051/month
- Taxes: $7,806 (2023)
- Status: Active
- Type: Condo
- Source: MRED
- MLS ID: 12445979
- Updated: 11/2/2025
- Added to Site: 157 day(s) ago
Interior
- Basement: None
- Interior Features: Elevator, 1st-Floor Bedroom, 1st-Floor Bath, Storage, Walk-In Closet(s), High Ceilings, Open Floorplan, Quartz Counters
- Appliances: Range, Microwave, Dishwasher, Refrigerator, Freezer, Washer, Dryer, Stainless Steel Appliance(s), Range Hood, Gas Cooktop, Gas Oven
- Flooring: Laminate
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Bathroom Features: Double Sink, Soaking Tub
Bedrooms
- Total Bedrooms: 2
Additional Information
- Shared Amenities: Elevator(s), Storage
- Equipment: Cable TV, Intercom
- Other Features: Commuter Bus, Commuter Train, Interstate Access
Location
- Area: CHI - Loop
- County: Cook
- Township: South Chicago
- Driving Directions: South on Wabash from Wacker to 5 N Wabash 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, Insurance, TV/Cable
- Pets Allowed: Yes
- Pets: Cats OK, Dogs OK, Number Limit
- Pet Restrictions: Cats OK, Dogs OK, Number Limit, / 999lbs.
- Mgmt. Company: Prairie Shores
Heating & Cooling
- Cooling Type: Central Air Conditioning, Zoned
- Heating Type: None
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Structure Type: Condo
- Construction: Brick, Block, Stone
- Exterior Const.: Brick, Block, Stone
- Basement Desc.: None
- Windows: Window Treatments
- Sub-Flooring: Laminate
- Entry Floor Number: 1
- Stories/Levels: 17
- Square Feet: 1,616
- Sq. Ft. Source: Builder
- Year Built: 1910
- Built Before 1978: Yes
- Remodeled/Updated: 2003
Unit Information
- Units in Building: 90
Lot Features
- Lot Dimensions: common
Animals
- Animals Allowed: Cats OK, Dogs OK, Number Limit
Water Features
- Water View: Yes
- Water Front View: Side(s) of Property
Financial Considerations
- Association Fee: $1,051
- Assoc Fee Freq.: Monthly
- Assessment Year: 1910
- Tax Amount: $7,806
- Tax Year: 2023
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Condo
- Property ID: 17103120151055
Listed by Martin Medenica
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Schools
Schools serving 5 N Wabash Ave #1201
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
South Loop Elementary School 1212 South Plymouth Court, Chicago, IL 60605 | PK-8 | 1.1 mi |
Phillips Academy High School 244 East Pershing Road, Chicago, IL 60653 | 12-11 | 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 5 N Wabash Ave #1201
Date
Details
Price
Change
Source
10/27/2025
Price Reduced
$525,000
-12.5%
MLS
8/13/2025
Listed
$600,000
—
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 5 N Wabash Ave #1201
Year
Property Taxes
Change
Tax Assessment
Change
2023
$7,806
3%
$36,999
—
2022
$7,610
2%
$36,999
—
2021
$7,440
5%
$36,999
17%
2020
$7,053
2%
$31,662
-8%
2019
$6,928
2%
$34,484
—
2018
$6,812
-1%
$34,484
8%
2017
$6,868
7%
$31,905
—
2016
$6,390
9%
$31,905
—
2015
$5,846
37%
$31,905
39%
2014
$4,266
2%
$22,993
—
2013
$4,182
1%
$22,993
—
2012
$4,126
—
$22,993
—
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 5 N Wabash Ave #1201
5 N Wabash Avenue #1201, Chicago, IL 60602 (MLS# 12445979) is a Condo property with 2 bedrooms and 2 full bathrooms. 5 N Wabash Avenue #1201 is currently listed for $525,000 and was received on August 13, 2025. Want to learn more about 5 N Wabash Avenue #1201? Do you have questions about finding other Condo real estate for sale in The Loop? You can browse all The Loop real estate or contact a Coldwell Banker agent to request more information.

