1516 S Wabash Ave #1102
Chicago, IL 60605
For more information on this listing, contact us at: (773) 998-2401
Active
$439,000
1516 S Wabash Ave #1102 Chicago, IL 60605
Attached Single
Property Type
2
Beds
2
Baths
1,500
Sq. Ft.
1920
Year Built
Cook
County
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.
MLS #
12677489
Monthly HOA
$871
On Site
98 Days
Last Updated
7/28/2026
Contact Agent
Property Rocks
(773) 998-2401Property Details
Community Information
Address
1516 S Wabash Ave #1102, Chicago, IL 60605
Area
Near South Side
County
Cook
City
Chicago
Township
South Chicago
Subdivision
Landmark Lofts
Zip Code
60605
School Information
School District
299
High School
Jones College Prep High School
Elementary School
South Loop Elementary School
Architecture
Unit Number
#1102
Bedrooms
2
Bathrooms
2
Year Built
1920
Stories
11
Construction Materials
Brick, Stone, Limestone
Total # Units in Building
76
Age Range
100+ Years
Roof
Rubber
Foundation
Concrete Perimeter
Parking Features
Concrete, Heated Garage, Yes, Garage Owned, Attached, Garage
Features / Amenities
Interior Features
Storage, Built-in Features, Walk-In Closet(s), Open Floorplan
Appliances
Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Range Hood
Flooring
Hardwood
Laundry
Washer Hookup, In Unit
Rooms
Balcony/Porch/Lanai, Foyer, Walk In Closet
Exterior Features
Balcony
Accessibility Features
Two or More Access Exits
Entry Level
11
Window
Drapes
Parking Total
1
Garage Spaces
1
Air Conditioning
Central Air
Heat Source / Type
Natural Gas, Forced Air
Total Rooms
5
Property Features
Lot Dimensions
COMMON
Lot Features
Common Grounds
Sewer
Public Sewer
Water
Lake Michigan
Electric
Circuit Breakers, 200+ Amp Service
Open House Count
5
Open House Update
2026-07-28T07:15:03
Directions
ROOSEVELT TO WABASH SOUTH TO PROPERTY
Tax and Financial Info
Tax Year
2024
Tax Annual Amount
$7,109.76
Ownership
Condo
Association Fee
$871 (paid Monthly)
Association Fee Includes
Water, Parking, Insurance, TV/Cable, Exercise Facilities, Exterior Maintenance, Scavenger, Snow Removal
Association Amenities
Bike Room/Bike Trails, Elevator in Residence, Exercise Room, Storage, Receiving Room, Security Door Lock(s)
Pets Allowed
Cats OK, Dogs OK
Rooms
| Level | |
| Balcony/Porch/Lanai | Main |
| Foyer | Main |
| Walk In Closet | Main |
| Bedroom 2 | Main |
| Dining Room | Main |
| Kitchen | Main |
| Living Room | Main |
| Master Bedroom | Main |
| N/A | |
| N/A | |
| N/A | |
| N/A | |
| N/A | |
| N/A | |
| N/A | |
| Bedroom 3 | N/A |
| Bedroom 4 | N/A |
| Family Room | N/A |
| Laundry | N/A |
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Listing provided courtesy of Allure Real Estate.Listings courtesy of MRED MLS as distributed by MLS GRID
Based on information submitted to the MLS GRID as of September 18, 2026 8:45 AM CST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Properties displayed may be listed or sold by various participants in the MLS