Corcoran Urban Real Estate
$0 to $5,000,000
Any Beds
Any Baths
For Sale
103 Properties Within 0.5 miles of: 1516 S Wabash, Chicago
  • 1516 S Wabash Unit 1102, Chicago, IL 60605
    $439,000
    2 bed | 2 bath
  • 1528 S Wabash Unit 304, Chicago, IL 60605
    $240,000
    1 bed | 1 bath
  • 5 E 14th Unit 1705, Chicago, IL 60605
    $425,000
    2 bed | 2 bath
  • 50 E 16th Unit 514, Chicago, IL 60616
    $235,000
    1 bed | 1 bath
    3 more available units at this address
    $365,000 Unit 609 1 bd / 1 ba
    $290,000 Unit 411 1 bd / 1 ba
    $247,500 Unit 814 1 bd / 1 ba
  • 50 E 16th Unit 814, Chicago, IL 60616
    $247,500
    1 bed | 1 bath
    3 more available units at this address
    $365,000 Unit 609 1 bd / 1 ba
    $290,000 Unit 411 1 bd / 1 ba
    $235,000 Unit 514 1 bd / 1 ba
  • 50 E 16th Unit 411, Chicago, IL 60616
    $290,000
    1 bed | 1 bath
    3 more available units at this address
    $365,000 Unit 609 1 bd / 1 ba
    $247,500 Unit 814 1 bd / 1 ba
    $235,000 Unit 514 1 bd / 1 ba
  • 50 E 16th Unit 609, Chicago, IL 60616
    $365,000
    1 bed | 1 bath
    3 more available units at this address
    $290,000 Unit 411 1 bd / 1 ba
    $247,500 Unit 814 1 bd / 1 ba
    $235,000 Unit 514 1 bd / 1 ba

1516 S Wabash Unit 1102
Chicago, IL 60605

  • 2 Beds
  • 2 Baths
  • 1,500 Sq. Ft.
  • Built In 1920
Price

$439,000

Est Payment
$3,702 / month (details)  
Taxes
$7,110  
Assessments
$871  
Beds
2  
Baths
2  
Rooms
5  
Type
Attached  
Sq. Ft.
1,500  
Built
1920  
Neighborhood
South Loop  
Building
Landmark Lofts  
MLS
#12677489
Status
Active (45 days)

Property 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.

Property Tour

Property Map

Property Details

Rooms

Room
Level
Flooring
Size
Living Room
Main
Hardwood
20X24
Dining Room
Main
Hardwood
10X10
Kitchen
Main
Hardwood
12X14
Family Room
N/A
Laundry
N/A
Master Bedroom
Main
Hardwood
12X15
Bedroom 2
Main
Hardwood
12X11
Bedroom 3
N/A
Bedroom 4
N/A
Balcony/Porch/Lanai
Main
Other
06X10
Foyer
Main
Hardwood
04X12
Walk In Closet
Main
Hardwood
6X7

Utilities

  • Heating Natural Gas, Forced Air
  • Cooling Central Air
  • Water Lake Michigan
  • Sewer Public Sewer

Additional Information

Assessment Includes
Water, Parking, Insurance, TV/Cable, Exercise Facilities, Exterior Maintenance, Scavenger, Snow Removal
Common Amenities
Bike Room/Bike Trails, Elevator in Residence, Exercise Room, Storage, Receiving Room, Security Door Lock(s)
Interior Features
Storage, Built-in Features, Walk-In Closet(s), Open Floorplan
Exterior Features
Balcony
Appliances
Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Range Hood
Pets Allowed
Cats OK, Dogs OK
Sub/Complex
Landmark Lofts
Parking
1 Garage Spaces, Concrete, Heated Garage, Yes, Garage Owned, Attached, Garage, Parking not included in price
Schools
Jones College Prep High School (299), South Loop Elementary School (299)

Payment Calculator

$
$
$
$
$
%
$
years
%
Principal & Interest
$0
Property Tax
$0
Assessments
$0
Home Insurance
$0
Mortgage Insurance
$0

Nearby Transportation

  • Bus 62 0.1 mi
  • Bus 29 0.1 mi
  • Bus 12 0.1 mi
  • Bus 4 0.1 mi
  • Bus 1 0.1 mi
  • Bus 3 0.1 mi
  • Bus 24 0.2 mi
  • Bus 192 0.4 mi
  • Bus 18 0.4 mi
  • Bus 146 0.4 mi
  • Bus 130 0.4 mi
  • Bus 0.4 mi
  • Bus 21 0.6 mi
  • Bus 26 0.6 mi
  • Bus 28 0.6 mi
  • Metra Electric 0.5 mi
  • Rock Island 1.1 mi
  • Burlington Northern 1.1 mi
  • Green Line 0.4 mi
  • Orange Line 0.4 mi
  • Red Line 0.4 mi
  • Blue Line 1.0 mi
  • Pink Line 1.1 mi
  • Brown Line 1.1 mi
  • Purple Line 1.1 mi
  • ZipCar < 0.1 mi
  • I 90 West 0.6 mi
  • I 94 West 0.6 mi
  • I 55 North 0.6 mi
  • I 55 South 0.7 mi
  • I 90 East 0.7 mi
  • I 94 East 0.7 mi
  • I 290 East 1.1 mi
  • I 290 West 1.9 mi
grid
Register to see 1 more properties