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$799,999

  • For Sale
  • Active
  • Condo / Townhouse
  • 3 Beds
  • 2 Full Baths
  • 2 Car Garage
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Experience luxury living at its finest in this exquisite 3 bedroom, 2 bath penthouse, offering sweeping panoramic views of the lake and skyline. Perfectly designed for both relaxation and entertaining, this home boasts a sprawling and jaw dropping private rooftop terrace -- an ideal outdoor space for gatherings, dining, or simply enjoying the breathtaking views of the city. The open floor plan seamlessly connects the expansive living room, separate dining area, and gourmet kitchen. The kitchen features sleek quartz countertops with waterfall edge, stainless steel appliances, and a range hood, plus a convenient eat-in counter with additional seating making it the heart of the home. Bedroom off the living area offers versatility with a murphy bed, perfect for guests, or an office space. The spacious primary bedroom features a generously sized en-suite bathroom with double vanity, separate tub and shower, and abundant storage. A third bedroom is located off the main hallway in addition to the secondary full bathroom. For added convenience, a full size stackable washer/dryer is included in the unit, along with a separate storage unit. This full-amenity building offers everything you need, including an exercise room, door staff, and elevator service. The location couldn't be more ideal-close to dog parks, shopping, restaurants, Grant Park, Museum Park, museums, the lake, and public transit. A 2-car tandem parking space is available for an additional $45K.

Full Property Details for 50 E 16th St #1405

General

  • Price: $799,999
  • HOA FEE: $1,279/month
  • Taxes: $10,187 (2024)
  • Status: Active
  • Type: Condo /Townhouse
  • Source: MRED
  • MLS ID: 12453715
  • Updated: 1/13/2026
  • Added to Site: 182 day(s) ago

Rental Information

  • Complex Features: Park

Interior

  • Basement: None
  • Interior Features: Elevator, Storage, Built-in Features, Walk-In Closet(s), Open Floorplan, Dining Combo, Doorman, Lobby
  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Range Hood
  • Flooring: Hardwood

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bathroom Features: Separate Shower, Double Sink

Bedrooms

  • Total Bedrooms: 3

Additional Information

  • Shared Amenities: Door Person, Elevator(s), Exercise Room, Storage, On-Site Manager/Engineer, Sundeck, Receiving Room, Valet/Cleaner
  • Equipment: Cable TV, Ceiling Fan(s)

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 2
  • Total Spaces: 2
  • Parking Features: Concrete, Garage Door Opener, Heated Garage, Tandem, 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
  • Elementary School: South Loop Elementary School
  • Middle School: South Loop Elementary School
  • High School: Phillips Academy High School
  • Private School: Phillips Academy High School

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, Number Limit
  • Pet Restrictions: Cats OK, Dogs OK, Number Limit, / 999lbs.
  • Mgmt. Company: FS Residential

Heating & Cooling

  • Cooling Type: Central Air Conditioning
  • Heating Type: Electric, Forced Air

Utilities

  • Sewer: Public Sewer
  • Water: Lake Michigan

Structural Information

  • Structure Type: High-Rise (7 or More Stories)
  • Construction: Steel Siding, Glass, Concrete
  • Exterior Const.: Steel Siding, Glass, Concrete
  • Basement Desc.: None
  • Foundation: Concrete Perimeter
  • Roof: Other
  • Sub-Flooring: Hardwood
  • Entry Floor Number: 14
  • Stories/Levels: 14
  • Sq. Ft. Source: Not Reported
  • Year Built: 2008

Unit Information

  • Units in Building: 176

Lot Features

  • Lot Dimensions: COMMON
  • Lot Features: Corner Lot

Animals

  • Animals Allowed: Cats OK, Dogs OK, Number Limit

Financial Considerations

  • Association Fee: $1,279
  • Assoc Fee Freq.: Monthly
  • Deeded Garage Cost: $45,000
  • Assessment Year: 2008
  • Tax Amount: $10,187.39
  • Tax Year: 2024
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Condo
  • Property ID: 17221070701170

Listed by Compass

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— 50 E 16th St #1405 —

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 50 E 16th St #1405

School District:Chicago Public School District 299
NameGradesDistance
South Loop Elementary School
1212 South Plymouth Court, Chicago, IL 60605
PK-80.5 mi
Phillips Academy High School
244 East Pershing Road, Chicago, IL 60653
12-112.5 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 #1405 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/22/2025
Listed
$799,999
2.7%
MLS
10/08/2021
Sold
$779,000
—
Public Record
Get Price Alerts and Save Property
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 for 50 E 16th St #1405

Year
Property Taxes
Change
Tax Assessment
Change
2023
$10,412
3%
$49,185
—
2022
$10,148
2%
$49,185
—
2021
$9,920
19%
$49,185
21%
2020
$8,367
2%
$40,660
-8%
2019
$8,206
2%
$44,272
—
2018
$8,067
39%
$44,272
64%
2017
$5,797
7%
$26,927
—
2016
$5,393
9%
$26,927
—
2015
$4,934
-1%
$26,927
—
2014
$4,987
2%
$26,878
—
2013
$4,888
1%
$26,878
—
2012
$4,823
—
$26,878
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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50 E 16th Street #1405, Chicago, IL 60616 (MLS# 12453715) is a Condo / Townhouse property with 3 bedrooms and 2 full bathrooms. 50 E 16th Street #1405 is currently listed for $799,999 and was received on August 22, 2025. Want to learn more about 50 E 16th Street #1405? Do you have questions about finding other Condo / Townhouse 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.

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