- Overview
- Description
- Property Details
- Location
- HOA Management
- Facts & Features
- Getting Around
- Nearby Homes
$434,999
Monthly Est:$2,165
2 Beds
- 2 Baths
2 full baths
1,500sqft
1516 S Wabash Ave #1102, Chicago, IL 60605
$434,999
$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

Part of
Property Details
Status
Active
Type
Condominium
No. of Stories
11
County
City
Neighborhood
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

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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
Insurance
Health Club
Storage
Water
Parking
Receiving Room
Security Guard
Bike Trails
Snow Removal
Exterior Maintenance
Exercise Facilities
Scavenger
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
| Date | Event | Price |
|---|---|---|
09/29/2026 Source: | Price Decreased | $434,999 -0.91% $290/sqft |
07/14/2026 Source: | Price Decreased | $439,000 -2.44% $293/sqft |
06/14/2026 Source: | Listed for Sale | $450,000 $300/sqft |
04/16/2026 Source: | Price Decreased | $0 -100.00% $0/sqft |
04/15/2026 Source: | Listing Removed | $455,000 $303/sqft |
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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
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