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$249,000
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Property Description
Welcome to urban living at its finest. This stylish 1 bedroom, 1 bathroom condo in the heart of Chicago's vibrant South Loop offers. Featuring an open-concept layout with huge windows, this unit is flooded with natural light. The spacious bedroom includes a large walk-in closet. Hardwood floors flow through the main living area, and an in unit washer/dryer adds everyday convenience. Building amenities include a fitness center, 24 hours door staff, and a roof deck on the third floor. Assessment includes: Heat, AC, gas, cable, and internet. Storage locker is included and is only steps away from the parking space. Located steps from the lakefront, Museum Campus, public transportation, and some of the city's best dining. Investor friendly. Ideal for professionals, students, or anyone looking to enjoy the South Loop's energetic community. Parking is additional.
Full Property Details
Full Property Details for 50 E 16th St #414
General
- Price: $249,000
- HOA FEE: $666/month
- Taxes: $6,131 (2024)
- Status: Active
- Type: Condo
- Source: MRED
- MLS ID: 12526932
- Updated: 12/9/2025
- Added to Site: 44 day(s) ago
Interior
- Basement: None
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 1
Additional Information
- Other Features: Non-Smoking Building
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 1
- Total Spaces: 1
- Parking Features: Garage Door Opener, Yes, Deeded, Attached, Garage
Location
- Area: CHI - Near South Side
- County: Cook
- Township: South Chicago
- Driving Directions: ROOSEVELT to MICHIGAN Ave. South to 16th, West to property
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, Security, Doorman, TV/Cable, Exercise Facilities, 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
- Construction: Glass, Concrete
- Exterior Const.: Glass, Concrete
- Basement Desc.: None
- Entry Floor Number: 4
- Stories/Levels: 14
- Square Feet: 847
- Sq. Ft. Source: Plans
- Year Built: 2008
Unit Information
- Units in Building: 176
Lot Features
- Lot Dimensions: CONDO
Animals
- Animals Allowed: Cats OK, Dogs OK
Financial Considerations
- Association Fee: $666
- Assoc Fee Freq.: Monthly
- Deeded Garage Cost: $25,000
- Assessment Year: 2008
- Tax Amount: $6,131.17
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Condo
- Property ID: 17221070701029
Listed by Chi Real Estate Group LLC
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Schools
Schools serving 50 E 16th St #414
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
South Loop Elementary School 1212 South Plymouth Court, Chicago, IL 60605 | PK-8 | 0.5 mi |
Phillips Academy High School 244 East Pershing Road, Chicago, IL 60653 | 12-11 | 2.5 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 50 E 16th St #414
Date
Details
Price
Change
Source
12/03/2025
Listed
$249,000
2.47%
MLS
7/25/2016
Sold
$243,000
—
Public Record
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 50 E 16th St #414
Year
Property Taxes
Change
Tax Assessment
Change
2023
$5,798
3%
$27,388
—
2022
$5,651
2%
$27,388
—
2021
$5,524
10%
$27,388
22%
2020
$5,013
2%
$22,503
-8%
2019
$4,923
2%
$24,502
—
2018
$4,840
51%
$24,502
64%
2017
$3,208
29%
$14,902
—
2016
$2,485
10%
$14,902
—
2015
$2,250
-1%
$14,902
—
2014
$2,283
3%
$14,875
—
2013
$2,227
—
$14,875
—
2012
$2,222
—
$14,875
—
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 50 E 16th St #414
50 E 16 Street #414, Chicago, IL 60616 (MLS# 12526932) is a Condo property with 1 bedroom and 1 full bathroom. 50 E 16 Street #414 is currently listed for $249,000 and was received on December 03, 2025. Want to learn more about 50 E 16 Street #414? 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.

