1516 Wabash Avenue, Near South Side, Chicago, Illinois 60605
$330,000
|
Sold
|
|
| Status: | Closed |
| Sqft: | 1,180 |
| Cost/Sqft: | $267 |
| Beds: | 2 |
| Baths: | 1 |
| Year Built: | 1921 |
| Property Taxes: | $5,247 |
| Days On Market: | 1861 |
| Lot Size: | 0,00 |
Description
Newly renovated 2-bed, 1-bath North-East facing corner Loft on a 6th floor in a prime South Loop location with a stunning, unobstructed downtown panoramic views. Inviting foyer with a huge coat closet leads you to an open concept living area with a chic and modern kitchen completed with a quartz counter top and high-end stainless appliances. * Floor-to-ceiling windows * charming exposed brick and raw concrete columns * soaring 12-foot industrial ceiling * glamorous hardwood floors * cozy, gas burning fireplace * complements the stylish and spectacular look of the Loft. Relax or entertain, enjoying the view of Chicago skyscrapers (including Willis Tower) from the over-sized balcony right off the living/dining/kitchen area. Master bedroom hidden behind a modern barn-door has entire wall of closets with additional storage lofted above and again amazing views of Chicago architecture through a large window. Second fully enclosed bedroom also has spacious walk-in closet and is located next to a bathroom with a deep soaking tub. Unit also offers stackable washer/dryer, Central A/C (furnace and A/C unit just 1.5 year old), copper water lines (great water pressure!), sound-proof concrete ceilings and comes with a GARAGE parking spot (assigned, heated and secured) for additional $25,000. Don't need parking ?- sell or rent it out to another resident in a building. Basic monthly association fee is $522.16 plus additional mandatory services fees (Bulk Cable/TV-$39.82, Wi-Fi -$30 and Parking-$37.23) for a total amount of $629.21/mo. Rentals allowed (no rental cap, minimum 6 months rent)-current owner occupancy rate at 67%. Pet friendly building (dogs, cats, birds are welcomed, limited to 2 pets per unit, no weight limitations). This building, known to Chicagoans as Landmark Lofts is an 11-story boutique high-rise equipped with a secure entry system, exercise facility, bike room, storage & elevators. No special assessments here thanks to strong association and healthy reserves (~$91,000). Conveniently located...steps from Mariano's, Trader Joe's, Starbucks, Target, Coliseum Park, Fred Anderson Dog Park, Lake Michigan, Grant Park, museums and Soldier Field, Northerly Islands & Burnham Harbor. Plenty of restaurants & shopping in the area. Walk to The Roosevelt Collection shopping & movie theater. Easy access to 90/94, 290 & 55 expressways...3 blocks from Roosevelt El stop (Red/Orange/Blue/Green lines) . Welcome Home
Property Specifics
| Condos/Townhomes | |
| 11 | |
| — | |
| 1921 | |
| None | |
| — | |
| No | |
| — |
| Cook | |
| Landmark Lofts | |
| 629 / Monthly | |
| Water,Parking,Insurance,Security,TV/Cable,Exercise Facilities,Exterior Maintenance,Lawn Care,Scavenger,Snow Removal,Internet | |
| Lake Michigan,Public | |
| Public Sewer | |
| 10822714 | |
| 17221060741035 |
Nearby Schools
| NAME: | DISTRICT: | DISTANCE: | |
|---|---|---|---|
|
Grade School
South Loop Elementary School |
299 | — | |
|
Middle School
South Loop Elementary School |
299 | Not in DB | |
|
High School
Phillips Academy High School |
299 | Not in DB | |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 6 Oct, 2015 | Sold | $269,000 | MRED MLS |
| 8 Sep, 2015 | Under contract | $255,000 | MRED MLS |
| — | Last price change | $265,000 | MRED MLS |
| 5 Aug, 2015 | Listed for sale | $265,000 | MRED MLS |
| 21 Dec, 2018 | Sold | $339,500 | MRED MLS |
| 14 Nov, 2018 | Under contract | $325,000 | MRED MLS |
| — | Last price change | $355,000 | MRED MLS |
| 2 Oct, 2018 | Listed for sale | $355,000 | MRED MLS |
| 28 Jan, 2021 | Sold | $330,000 | MRED MLS |
| 3 Dec, 2020 | Under contract | $314,900 | MRED MLS |
| — | Last price change | $319,900 | MRED MLS |
| 18 Aug, 2020 | Listed for sale | $359,900 | MRED MLS |
Room Specifics
Total Bedrooms: 2
Bedrooms Above Ground: 2
Bedrooms Below Ground: 0
Dimensions: —
Floor Type: Hardwood
Full Bathrooms: 1
Bathroom Amenities: —
Bathroom in Basement: 0
Rooms: Balcony/Porch/Lanai,Foyer,Walk In Closet
Basement Description: None
Other Specifics
| 1 | |
| — | |
| — | |
| Balcony | |
| — | |
| COMMON | |
| — | |
| None | |
| Vaulted/Cathedral Ceilings, Hardwood Floors, Laundry Hook-Up in Unit, Storage, Flexicore, Built-in Features, Walk-In Closet(s) | |
| Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s) | |
| Not in DB | |
| — | |
| — | |
| Bike Room/Bike Trails, Elevator(s), Exercise Room, Storage, On Site Manager/Engineer, Security Door Lock(s) | |
| Gas Log, Gas Starter |
Tax History
| Year | Property Taxes |
|---|---|
| 2015 | $3,393 |
| 2018 | $4,570 |
| 2021 | $5,247 |
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Listing Provided By
Homesmart Connect LLC
