- 2 Beds
- 2 Baths
- 1,500 Sqft
- 46 DOM
1516 S Wabash Avenue 1102
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.
Essential Information
- MLS® #12677489
- Price$439,000
- HOA Fees$871
- Taxes$7,110
- Bedrooms2
- Bathrooms2.00
- Full Baths2
- Square Footage1,500
- Year Built1920
- TypeResidential
- Sub-TypeAttached Single
- StatusActive
- Has TownhomesNo
- Has VintageNo
Community Information
- Address1516 S Wabash Avenue 1102
- AreaCHI - Near South Side
- SubdivisionLandmark Lofts
- CityChicago
- CountyCook
- StateIL
- Zip Code60605
Amenities
- Parking Spaces1
- # of Garages1
Amenities
Bike Room/Bike Trails, Elevator in Residence, Exercise Room, Storage, Receiving Room, Security Door Lock(s)
Parking
Concrete, Heated Garage, Yes, Garage Owned, Attached, Garage
Interior
- HeatingNatural Gas, Forced Air
- CoolingCentral Air
- BasementNone
- # of Stories11
Interior Features
Storage, Built-in Features, Walk-In Closet(s), Open Floorplan
Appliances
Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Range Hood
Exterior
- ExteriorBrick, Stone, Limestone
- Exterior FeaturesBalcony
- Lot DescriptionCommon Grounds
- RoofRubber
- FoundationConcrete Perimeter
School Information
- District299
- ElementarySouth Loop Elementary School
- HighJones College Prep High School
Additional Information
- Days on Market46
Listing Details
- OfficeALLURE Real Estate
Price Change History for 1516 S Wabash Avenue 1102, Chicago, IL (MLS® #12677489)
| Date | Details | Change |
|---|---|---|
| Status Changed from Price Change to Active | – | |
| Status Changed from Active to Price Change | – | |
| Price Reduced from $450,000 to $439,000 | ||
| Status Changed from New to Active | – |
ALLURE Real Estate.
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Listing information last updated on August 11th, 2026 at 2:44am CDT.