$399,900

50 E 16th St Unit 1206 Chicago, IL 60616

$4,749
Closing credit¹
2 beds
2 full
Condo

Property details

About 50 E 16th St Unit 1206

Welcome to The High Life at The Guild Located in the South Loop! This 2bd/2ba Condo Sits on the 12th Floor Facing East with Captivating Panoramic Views of the Lake. Open Concept Layout Drenched in Natural Lighting Includes a Chef's Kitchen, Quartz Countertops, Waterfall Island, Stainless Steel Appliances, In-Unit Laundry, and Newly Installed Luxury Vinyl Floors. Spacious Primary Bedroom with Wide Windows Facing East, Walk-in Closet, Double Vanity and Stand Up Shower. Seamless Transition to the Extra Long Balcony Perfect for Relaxing and Enjoying the Calming View of the Lake. The Building's Inviting Lobby has 24hr Door Staff. Amenities Include Fitness Center, Bike Storage Area, Heated Parking Garage, and Additional Storage Unit. Ideally Located Within Walking Distance to Popular Restaurants, Museum Campus, Grant Park, Soldier Field, Lakefront, Roosevelt Green Line, and Fred Anderson Dog Park. Deeded TANDEM Garage Parking Space Offered for an Additional 50K. An Amazing Value and a Must See!!

Highlights

Home typeCondominium
HeatingElectric, Forced Air
StatusActive
(New)
CoolingCentral Air
Year built2008
ParkingOff Alley, Garage Door Opener, Heated Garage, Tandem, On Site, Deeded, Attached, Garage
MLS #12382329
Garage2 spaces

Summary

  • Full Bathrooms: 2
  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Cooktop, Oven, Range Hood
  • Basement: No
  • Interior: Elevator, Storage, Walk-In Closet(s), Open Floorplan, Doorman
  • Total Bedroom Count: 2
  • Garage Space: 2 spaces
  • Parking: Off Alley, Garage Door Opener, Heated Garage, Tandem, On Site, Deeded, Attached, Garage
  • Exterior: Balcony
  • Heating: Electric, Forced Air
  • Cooling: Central Air
  • List Price: $399,900
  • HOA Amount: $859 Monthly
  • Annual Tax Amount: $6,681
  • Tax Year: 2022
  • Directions: Michigan Ave to South to 16th. West to Property.
  • Year Built: 2008
  • Stories: 14
  • MLS Number: 12382329
  • MLS Name: MRED
  • Office Name: North Clybourn Group, Inc.
  • Office Phone: (773) 252-0600
  • Listing Agent: Rafael Nivar

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50 E 16th St Unit 1206, Chicago, IL 60616 - view of building exterior featuring a city view

$399,900

50 E 16th St Unit 1206

$4,749

closing credit¹

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Seller rebate

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Price information

Property sales

DateEventPrice
Oct 28, 2020
Home Sold
$4,462,500
Apr 13, 2015
Home Sold
$360,000

Tax history

YearAssessmentProperty Tax
2022$32,381$6,681
2021$32,381$6,530
2020$26,908$5,994
2019$29,299$5,886
2018$29,299$5,787
2017$17,820$3,836

History based on county public records data.

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

2.4 mi

707 E 37th St

3

Hope Learning Academy

Public District KG-5

2.7 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 $91,719. Most Chicago, IL residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

10%
<35k
44%
35k-100k
31%
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
18%
Married, No Kids
10%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

8%
<11 yrs old
1%
12-17 yrs old
48%
18-34 yrs old
38%
35-64 yrs old
5%
65+ yrs old

What do the neighbors do for fun?

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

Where do the neighbors shop?

  • Crate & BarrelCrate & Barrel
  • BloomingdalesBloomingdales
  • H&MH&M

Where do the neighbors go to eat?

  • StarbucksStarbucks
  • Boston MarketBoston Market
  • ChipotleChipotle

What do the neighbors drive?

  • BMWBMW
  • AudiAudi
  • MercedesMercedes

What do the neighbors listen to?

  • NewsNews
  • AlternativeAlternative
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

About 50 E 16th St Unit 1206

The listing price of 50 E 16th St Unit 1206 property is $399,900.

The property 50 E 16th St Unit 1206 is a condo located in Chicago, Illinois, 60616.

Active Listing: 50 E 16th St Unit 1206 is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 50 E 16th St Unit 1206 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).

According to the records, the last property tax for 2022 is $6,681 (source: MLS/based on county public records data).

The last sale was on October 28, 2020 for $4,462,500 (source: MLS/tax record).

The property at 50 E 16th St Unit 1206 has 2 bedrooms and 2 bathrooms.

The sq. ft. of 50 E 16th St Unit 1206 is not available (source: MLS/tax record).

The year of construction for 50 E 16th St Unit 1206 is 2008.

This home is located at 50 E 16th St Unit 1206 in Chicago, IL and zip code 60616 in the Near South Side neighborhood. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 3, 2025 and is currently priced at $399,900.

Over 1048 listings were sold over their listed price in May 2025 in Chicago, IL. In the same period over 906 listings were sold below the listed price and 390 listings were sold for the listed price. In May 2025 in Chicago, IL there were 13.6% more homes for sale than in April. Listings spent 26 days on the market in May 2025, and had a median list price of $376,030 during the same period.

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

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