For Sale
Price CutPrice Drop: $4K (10/05)
3D Tour3D Tour
Condo for sale at 1516 S Wabash Ave #1102, Chicago, IL 60605 | MLS# 12677489 | Listing updated on 2026-10-05
Photo 1 of Condo for sale at 1516 S Wabash Ave #1102, Chicago, IL 60605 | MLS# 12677489 | Listing updated on 2026-10-05
Photo 2 of Condo for sale at 1516 S Wabash Ave #1102, Chicago, IL 60605 | MLS# 12677489 | Listing updated on 2026-10-05
Photo 3 of Condo for sale at 1516 S Wabash Ave #1102, Chicago, IL 60605 | MLS# 12677489 | Listing updated on 2026-10-05
Photo 4 of Condo for sale at 1516 S Wabash Ave #1102, Chicago, IL 60605 | MLS# 12677489 | Listing updated on 2026-10-05
31+
Beds Icon

Virtual Tour

Beds Icon

Street View

$434,999

Monthly Est:$2,165

  • Beds Icon2 Beds
  • Beds Icon
    2 Baths
  • Beds Icon1,500sqft

1516 S Wabash Ave #1102, Chicago, IL 60605

$2,165/moEst:

Get Pre-Approved

  • Condominium

  • Built in 1920

  • $871/mo HOA

  • -- sqft lot

  • $290/sq.ft

Description

Landmark Lofts is an investor-friendly condo association, making this top-floor northeast-corner residence an exceptional opportunity for investors and owner-occupants. Based on estimated market rent for both the residence and deeded heated parking space, the property offers the potential for an upwards-of-6% capitalization rate, subject to buyer verification and operating assumptions. This expansive approximately 1,500-square-foot loft features 2 bedrooms, 2 full baths, soaring ceilings, oversized windows, sweeping skyline and lake views, and a private balcony. The open living and dining area flows into a renovated kitchen with quartz countertops, stainless-steel appliances, abundant cabinetry, and generous workspace. Additional highlights include an updated HVAC system, new full-size in-unit washer and dryer, a spacious primary suite with walk-in closet, dedicated storage, and deeded heated garage parking. Ideally located in the South Loop near the Loop, CTA transportation, Museum Campus, Grant Park, the lakefront, restaurants, shopping, universities, hospitals, and major employment centers. A turnkey rental condo investment with strong income potential, valuable parking revenue, and excellent owner-user flexibility. All rental and investment figures are estimates and should be independently verified by the buyer.

  • Houzeo last checked: 4 minutes ago
  • Listing updated: October 5, 2026 at 5:06 am
  • Listing Provided by: Cecil Sabu (312) 772-2820 , Olivia Nivison DRE #475217437 | ALLURE Real Estate (312) 772-2820
  • Source: MRED MLS-IL | MLS#: 12677489 MRED MLS-IL

Part of

Building
1516 S Wabash Ave
No reviews yet

Property Details

  • Status

    Active

  • Type

    Condominium

  • No. of Stories

    11

  • County

    Cook County

  • City

    Chicago

  • Neighborhood

    Near South Side

  • Year Built

    1920

  • HOA Fees

    $871/mo

  • Finished Area

    1,500 sqft

  • Lot Size

    -- sqft lot

  • Basement Area

    - sqft

  • MLS Name

    MRED MLS

  • MLS Number

    12677489

  • MLS Status

    Active

  • Days on Market

    118

Continue Your Journey in App

Find your dream home, receive real-time updates, and many more!

Location

HOA Management

N/A

HOA Fees

$871/ Monthly

Amenities

Amenities and services may be covered by one or multiple associations and service providers.

Elevator Elevator

Insurance Insurance

Health Club Health Club

Storage Storage

Water Water

Parking Parking

Receiving Room Receiving Room

Security Guard Security Guard

Bike Trails Bike Trails

Snow Removal Snow Removal

Exterior Maintenance Exterior Maintenance

Exercise Facilities Exercise Facilities

Scavenger Scavenger

TV/Cable TV/Cable

Disclaimer: Amenities are based on third-party information and may vary; buyers must independently verify all amenities, as information is deemed reliable but not guaranteed.

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 2

    Bathrooms: 2

  • Balcony/Porch/Lanai

    Level: Main

    Area: 60.00 Square Feet

    Dimensions: 06X10

  • Foyer

    Level: Main

    Area: 48.00 Square Feet

    Dimensions: 04X12

  • Walk In Closet

    Level: Main

    Area: 42.00 Square Feet

    Dimensions: 6X7

  • Bedroom 2

    Level: Main

    Area: 132.00 Square Feet

    Dimensions: 12X11

  • Dining Room

    Level: Main

    Area: 100.00 Square Feet

    Dimensions: 10X10

  • Kitchen

    Level: Main

    Area: 168.00 Square Feet

    Dimensions: 12X14

  • Living Room

    Level: Main

    Area: 480.00 Square Feet

    Dimensions: 20X24

  • Master Bedroom

    Level: Main

    Area: 180.00 Square Feet

    Dimensions: 12X15

Interior

  • Cooling

    Central Air

  • Window Features

    Drapes

  • Appliances

    Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Range Hood

  • Interior Features

    Storage, Built In Features, Walk In Closet(s), Open Floorplan

  • Flooring

    Hardwood

  • Exterior Features

    Balcony

  • Sewer

    Public Sewer

  • Heating

    Natural Gas, Forced Air

Construction

  • Year Built

    Year Built: 1920

  • Home type

    Condominium

  • Foundation Details

    Concrete Perimeter

  • Construction Materials

    Brick, Stone, Limestone

  • Roof

    Rubber

Utilities & Energy

  • Association Amenities

    Bike Room/bike Trails, Elevator In Residence, Exercise Room, Storage, Receiving Room, Security Door Lock(s)

  • Electric

    Circuit Breakers, 200+ Amp Service

  • Laundry Features

    Washer Hookup, In Unit

  • Basement

    None

  • Parking Features

    Concrete, Heated Garage, Yes, Garage Owned, Attached, Garage

  • Water Source

    Lake Michigan

Other Features

  • Lot Features

    Common Grounds

  • Subdivision Name

    Landmark Lofts

Price History

DateEventPrice

09/29/2026

Source: mls_logoMRED MLS-IL #MRD12677489

Price Decreased

$434,999 -0.91%

$290/sqft

07/14/2026

Source: mls_logoMRED MLS-IL #MRD12677489

Price Decreased

$439,000 -2.44%

$293/sqft

06/14/2026

Source: mls_logoMRED MLS-IL #MRD12677489

Listed for Sale

$450,000

$300/sqft

04/16/2026

Source: mls_logoMRED MLS-IL #MRD12603472

Price Decreased

$0 -100.00%

$0/sqft

04/15/2026

Source: mls_logoMRED MLS-IL #MRD12576719

Listing Removed

$455,000

$303/sqft

Show more

Nearby Homes

This representation is based in whole or in part on data supplied by Midwest Real Estate Data, LLC through Oct 10, 2026, 01:30PM. Midwest Real Estate Data, LLC does not guarantee nor is it in any way responsible for its accuracy. Data maintained by Midwest Real Estate Data LLC may not reflect all real estate activity in the market.

Based on information submitted to the MLS GRID as of Oct 10, 2026, 01:30PM. All data is obtained from various sources and has not been, and will not be, verified by broker or MLS GRID. Supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Some IDX listings have been excluded from this website. Information is provided exclusively for consumers’ personal non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID, MRED or Houzeo. The use of the MLS GRID Data may be subject to an end user license agreement. Properties displayed may be listed or sold by various participants in the MLS,

Listings courtesy of MRED as distributed by MLS GRID. ©2026 Midwest Real Estate Data LLC. All Rights Reserved

Advertising Broker: Jorge Romero | Realty One Group Inc.