401/1516 S Wabash Ave

Chicago IL 60605

Condo

Last sold for $355,000

Karra Kalkman, last sold this property on 09 December 2025 after 89 days on market.

Overview

Investor Friendly! Located in the heart of Chicago's South Loop, this 2-bed, 1.5-bath loft condo blends character and modern style. Exposed brick, tall ceilings, and hardwood floors create a warm, open feel. The remodeled kitchen features white cabinetry, Quartz counters, stainless appliances, and a large island with seating, flowing into a defined dining area and a bright living room with fireplace. The primary suite includes a walk-in closet and private bath; the second bedroom is generously sized. Enjoy in-unit laundry, a newer A/C unit, and a private balcony with sweeping 180 degree views. Building perks include pet-friendly living, a fitness room, onsite maintenance, basement storage, and optional garage parking ($35K). Major updates-elevator, exterior brick, balconies, and roof-were completed in recent years. Steps from parks, dog park, groceries, restaurants, the Museum Campus, Northerly Island, CTA, and highway access.

Features

2 bedrooms

2 bathrooms

1 carspace

1 garage space

Condo

Estimated Value

Based on this property and similar 2 bedroom condos sold in Chicago over the last 12 months, the estimated median property value of 401/1516 S Wabash Ave is $415k.

Median value

$415k

Estimated value range

$203.7k - $1.19m

Median days on market

Estimated value trend

increase over the last 12 months

Average days on market is based on recent, comparable sales in Chicago. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 401/1516 S Wabash Ave

2025

Sold

$355,000

09 Dec 2025 by Karra Kalkman, of @properties Christie's International Real Estate

2024

Sold

$345,000

10 May 2024 by Matt Laricy, of Americorp, Ltd

2017

Sold

$349,000

07 Aug 2017 by Nathan Wilks, of Bridge International, LLC

Happy sellers in Chicago

We have insufficient information to provide an overview of customer satisfaction for Chicago. Viewing the agent profiles, reviews and sales for Chicago can provide insights for this location.