$369,900

1516 S Wabash Ave Unit 306 Chicago, IL 60605

$4,393
Closing credit¹
2 beds
1 full
Condo

Property details

About 1516 S Wabash Ave Unit 306

Discover the perfect blend of urban charm and modern luxury in this beautifully remodeled 2-bedroom, 1-bath concrete loft in the heart of Chicago's historic South Loop. This spacious condo offers the ideal loft aesthetic with exposed brick, soaring ceilings, and massive oversized windows that flood the space with natural light and provide breathtaking skyline and green views. The open extra-wide floor plan features a sleek, updated kitchen with stainless steel appliances, quartz countertops, and ample cabinet space, seamlessly flowing into the expansive living room. Step out onto your private balcony and take in the serene views of the park, the city skyline, and the iconic Soldier Field- perfect for morning coffee or evening relaxation. Both bedrooms are generously sized, easily accommodating king-size beds. The primary bedroom boasts true Chicago city views, a spacious his-and-hers closet with custom built-in shelving, while the second bedroom includes a walk-in closet for added convenience. The newly remodeled bathroom and newer floors throughout make this loft move-in ready. Additional features include an in-unit washer and dryer, newer mechanicals, and indoor HEATED GARAGE PARKING INCLUDED. This well-maintained building is managed with healthy reserves, ensuring peace of mind for future homeowners. Located on a quiet, tree-lined street, this prime South Loop location is just steps away from a local park, historic Soldier Field, Grant Park, the Museum Campus, Lake Michigan, and the Orange Line, making it an exceptional place to call home. Workout room available as well as additional storage. Don't miss your chance to live in one of Chicago's most vibrant neighborhoods!

Highlights

Home typeCondominium
HeatingNatural Gas, Forced Air
StatusActive
CoolingCentral Air
Year built1920
ParkingOn Site, Attached, Garage
MLS #12372992
Garage1 space
FireplaceGas Log, Gas Starter

Summary

  • Full Bathrooms: 1
  • Basement: No
  • Interior: Elevator, Storage, Walk-In Closet(s)
  • Fireplace: Gas Log, Gas Starter
  • Total Bedroom Count: 2
  • Garage Space: 1 space
  • Parking: On Site, Attached, Garage
  • Heating: Natural Gas, Forced Air
  • Cooling: Central Air
  • List Price: $369,900
  • HOA Amount: $670 Monthly
  • Directions: Go East on Archer Ave, to Wabash Ave, North to property.
  • Year Built: 1920
  • Stories: 11
  • MLS Number: 12372992
  • MLS Name: MRED
  • Office Name: PAK Home Realty
  • Office Phone: (708) 417-4983
  • Office Email: noefragoso@gmail.com
  • Listing Agent: Cesar Sandoval

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1516 S Wabash Ave Unit 306, Chicago, IL 60605 - view of apartment building / complex

$369,900

1516 S Wabash Ave Unit 306

$4,393

closing credit¹

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Price information

Property sales

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Tax history

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Nearby schools

4

Cooper Elementary Academy

Public District PK-5

2.2 mi

1624 W 19th St

5

Univ of Chicago Charter-Donoghue

Public Charter PK-5

2.5 mi

707 E 37th St

3

Hope Learning Academy

Public District KG-5

2.6 mi

1628 W Washington Blvd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $76,534. The majority of Chicago, IL residents have income between $35k-100k annually. Most families are single, no kids. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

24%
<35k
36%
35k-100k
25%
100k-200k
15%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

70%
Single, No Kids
2%
Single, with Kids
20%
Married, No Kids
8%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

7%
<11 yrs old
1%
12-17 yrs old
38%
18-34 yrs old
42%
35-64 yrs old
12%
65+ yrs old

What do the neighbors do for fun?

  • Hiking/backpackingHiking/backpacking
  • Live TheatreLive Theatre
  • TennisTennis

Where do the neighbors shop?

  • BloomingdalesBloomingdales
  • Crate & BarrelCrate & Barrel
  • Banana RepublicBanana Republic

Where do the neighbors go to eat?

  • StarbucksStarbucks
  • Boston MarketBoston Market
  • Jack In The BoxJack In The Box

What do the neighbors drive?

  • AudiAudi
  • MercedesMercedes
  • BMWBMW

What do the neighbors listen to?

  • AlternativeAlternative
  • NewsNews
  • JazzJazz
All data provided by Home Junction and Claritas

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Frequently asked questions

About 1516 S Wabash Ave Unit 306

The listing price of 1516 S Wabash Ave Unit 306 property is $369,900.

The property 1516 S Wabash Ave Unit 306 is a condo located in Chicago, Illinois, 60605.

Active Listing: 1516 S Wabash Ave Unit 306 is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 1516 S Wabash Ave Unit 306 are: Cooper Elementary Academy (GreatSchools Rating 4/10), Univ of Chicago Charter-Donoghue (GreatSchools Rating 5/10), Hope Learning Academy (GreatSchools Rating 3/10), South Loop Elementary School (GreatSchools Rating 8/10), National Teachers Elementary Academy (GreatSchools Rating 6/10), Haines Elementary School (GreatSchools Rating 10/10), Perspectives Charter - Joslin Campus (GreatSchools Rating 3/10), Jones College Preparatory High School (GreatSchools Rating 10/10), Urban Preparatory West Charter School (GreatSchools Rating 1/10).

The property at 1516 S Wabash Ave Unit 306 has 2 bedrooms and 1 bathroom.

The sq. ft. of 1516 S Wabash Ave Unit 306 is not available (source: MLS/tax record).

The year of construction for 1516 S Wabash Ave Unit 306 is 1920.

This home is located at 1516 S Wabash Ave Unit 306 in Chicago, IL and zip code 60605 in the Near South Side neighborhood. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since May 22, 2025 and is currently priced at $369,900.

While more than 901 listings in Chicago, IL in April 2025 were sold above asking price, there were more than 351 listings sold at asking price, and more than 879 were sold below. The number of homes for sale in Chicago, IL increased by 19.8% between March and April 2025. While the average time on the market in April 2025 was 31 days, the median list price was $374,309.

From Rocket Homes Real Estate and based on county public records data.

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