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  5. Landmark Lofts
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Landmark Lofts

1516 S Wabash Avenue, Chicago, IL, 60605

YEAR BUILT

1999

# STORIES

# TOTAL UNITS

114

UNIT SIZE RANGE

1,450-1,550 sqft

Description

The Landmark Lofts stand proudly at 1516 S Wabash Avenue in Chicago. This building is a blend of modern comfort and city life. Built in 1999, it has 6 stories and offers a total of 114 units. The design encourages a vibrant lifestyle with a mix of young professionals and families. Units in this building range from 1,450 to 1,550 square feet. Buyers can find both one and two-bedroom options. Prices for these units vary from $347,000 to $435,000, with an average price of about $380,667. The average price per square foot is around $280. These prices reflect a solid investment in a growing neighborhood. The average time units stay on the market is 52 days. This gives buyers enough time to explore their options before making a decision. The activities nearby add value to living here. Having shops, restaurants, and parks close by makes everyday life more enjoyable. Amenities at Landmark Lofts enhance the lifestyle of its residents. The building has a health club and exercise room, which keeps fitness a priority. There are also elevators and bike trails that make movement within the building a breeze. The intercom system adds a layer of security for peace of mind. Living here means enjoying the best of urban living while still having access to open spaces. Nearby attractions include Perspectives Charter Schools and Bright Promise Fund for Urban and Entrenuity. Being close to Lake Michigan provides residents with scenic views and outdoor activities. Landmark Lofts offers a blend of style, comfort, and convenience in a prime location. This building suits buyers looking for a lively community with plenty to offer.

Building ImageMLS ID #12269840
Building ImageMLS ID #12197719
Building Image
Building ImageView Listing

Landmark Lofts

1516 S Wabash Avenue, Chicago, IL, 60605

YEAR BUILT

1999

# STORIES

# TOTAL UNITS

114

UNIT SIZE RANGE

1,450-1,550 sqft

Description

The Landmark Lofts stand proudly at 1516 S Wabash Avenue in Chicago. This building is a blend of modern comfort and city life. Built in 1999, it has 6 stories and offers a total of 114 units. The design encourages a vibrant lifestyle with a mix of young professionals and families. Units in this building range from 1,450 to 1,550 square feet. Buyers can find both one and two-bedroom options. Prices for these units vary from $347,000 to $435,000, with an average price of about $380,667. The average price per square foot is around $280. These prices reflect a solid investment in a growing neighborhood. The average time units stay on the market is 52 days. This gives buyers enough time to explore their options before making a decision. The activities nearby add value to living here. Having shops, restaurants, and parks close by makes everyday life more enjoyable. Amenities at Landmark Lofts enhance the lifestyle of its residents. The building has a health club and exercise room, which keeps fitness a priority. There are also elevators and bike trails that make movement within the building a breeze. The intercom system adds a layer of security for peace of mind. Living here means enjoying the best of urban living while still having access to open spaces. Nearby attractions include Perspectives Charter Schools and Bright Promise Fund for Urban and Entrenuity. Being close to Lake Michigan provides residents with scenic views and outdoor activities. Landmark Lofts offers a blend of style, comfort, and convenience in a prime location. This building suits buyers looking for a lively community with plenty to offer.

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Description

The Landmark Lofts stand proudly at 1516 S Wabash Avenue in Chicago. This building is a blend of modern comfort and city life. Built in 1999, it has 6 stories and offers a total of 114 units. The design encourages a vibrant lifestyle with a mix of young professionals and families. Units in this building range from 1,450 to 1,550 square feet. Buyers can find both one and two-bedroom options. Prices for these units vary from $347,000 to $435,000, with an average price of about $380,667. The average price per square foot is around $280. These prices reflect a solid investment in a growing neighborhood. The average time units stay on the market is 52 days. This gives buyers enough time to explore their options before making a decision. The activities nearby add value to living here. Having shops, restaurants, and parks close by makes everyday life more enjoyable. Amenities at Landmark Lofts enhance the lifestyle of its residents. The building has a health club and exercise room, which keeps fitness a priority. There are also elevators and bike trails that make movement within the building a breeze. The intercom system adds a layer of security for peace of mind. Living here means enjoying the best of urban living while still having access to open spaces. Nearby attractions include Perspectives Charter Schools and Bright Promise Fund for Urban and Entrenuity. Being close to Lake Michigan provides residents with scenic views and outdoor activities. Landmark Lofts offers a blend of style, comfort, and convenience in a prime location. This building suits buyers looking for a lively community with plenty to offer.

Landmark Lofts Key Stats Last 12 months

Avg. Listed Price$380,000($284/Sqft.)

Avg. Sale Price$380,667($280/Sqft.)
Year over year list priceUp Arrow10.01%

Year over year sale priceUp Arrow 6.65%
Total Listings2 Listed

Total sold3 Sold
Average Days on Market52 days

Average HOA fees per sqft$3 /monthly
Next

Key Stats

Year over year list priceUp Arrow10.01%

Year over year sale priceUp Arrow6.65%
Total Listings2 Listed

Total sold3 Sold
Average Days on Market52 days

Average HOA fees per sqft$3 /monthly

Glen Gardens Estate Availability & Demand

Unit Availability

-
High availability buildings list units frequently.

Unit Availability helps to understand how often units in a particular building are listed for sale as compared with the neighborhood average. Units are rarely listed in buildings with low availability.

Unit Demand

-
Units in high-demand buildings sell quicker.

Unit Demand is a measure of quickly units in a particular building sell as compared with other buildings in the neighborhood. Units in high-demand buildings sell more quickly.

For Sale 0 For Sale

Landmark Lofts Inventory & Sale History

UnitSize (sqft)BedsBathsDays On MarketDateStatusPrice
Unit 9029021370224702024-04-05
MLS#: 11690898
Closed$415,000
Unit 902902-22462020-07-17
MLS#: 10731003
Closed$435,000
Unit 702702125022732019-08-21
MLS#: 10409977
Closed$417,000
Unit 702
702

2 Beds

2 Baths

1250 sqft


DateStatusPrice
2019-08-21Closed$417,000
MLS#: 10409977
Days On Market73
Unit 902
902

2 Beds

2 Baths

1370 sqft


DateStatusPrice
2024-04-05Closed$415,000
MLS#: 11690898
Days On Market470
Unit 902
902

2 Beds

2 Baths

0 sqft


DateStatusPrice
2020-07-17Closed$435,000
MLS#: 10731003
Days On Market46
View Complete Unit Listing HistorySource By: MRED

Amenities

Living at Landmark Lofts means you'll have access to an array of amenities designed for a modern lifestyle. Whether you're looking to break a sweat in the well-equipped exercise room, unwind in the nearby health club, or meet neighbors in the inviting receiving room, there’s something for everyone. Outdoor enthusiasts will appreciate the nearby bike trails, perfect for sunny Chicago days. And if you’ve got furry friends in tow, you’ll love that this building is pet-friendly, allowing up to two cats or dogs per unit.

Next

Amenities Description

Living at Landmark Lofts means you'll have access to an array of amenities designed for a modern lifestyle. Whether you're looking to break a sweat in the well-equipped exercise room, unwind in the nearby health club, or meet neighbors in the inviting receiving room, there’s something for everyone. Outdoor enthusiasts will appreciate the nearby bike trails, perfect for sunny Chicago days. And if you’ve got furry friends in tow, you’ll love that this building is pet-friendly, allowing up to two cats or dogs per unit.

Parking
Parking
Locker
Locker
Concierge
Concierge
Elevator(s)
Elevator(s)
Check Icon
Central AC
Central AC
Pool
Pool
Fitness Center
Fitness Center
Check Icon
Visitors Parking
Visitors Parking
Next

Amenities

Elevator(s)

Elevator(s)

Exercise Room

Exercise Room

Health Club

Health Club

Security Door Lock(s)

Security Door Lock(s)

Receiving Room

Receiving Room

Bike Room/Bike Trails

Bike Room/Bike Trails

Storage

Storage

Service Elevator(s)

Service Elevator(s)

Balcony

Balcony

Policies

Landmark Lofts lays out clear policies that ensure a pleasant living experience. For instance, the building has size and number limits for pets, as well as a required deposit for prospective buyers. These thoughtful guidelines help maintain a friendly community atmosphere while ensuring everyone feels at home.

Pet Allowed
Check
Pet Allowed
BBQ Permitted
BBQ Permitted
Sublet Allowed
Sublet Allowed
Short-term Rental Allowed
Short-term Rental Allowed

Compare with Buildings in the Neighbourhood (Last 12 Months)

Compare building's average price/sq. ft. and HOA fees/sq. ft. to buildings nearby

Building NameAvg price per square footAVG HOA FEE per square foot (Monthly)
Landmark Lofts$280/sqft.$3 /sqft.
1516 S Wabash Ave$280/sqft.$3 /sqft.
1503 S State St$304/sqft.$3 /sqft.
15th Street Lofts$293/sqft.$3 /sqft.
5 E 14th Pl$320/sqft.$3 /sqft.
Five East Fourteenth Place Condominiums$330/sqft.$2 /sqft.

Nearby Schools

Landmark Lofts is located in a school-accessible area of South Loop / Near South Side, Chicago. Nearby schools within a 2-mile radius simplify daily schedules. Families benefit from convenient education access. This location promotes a balanced and family-friendly lifestyle.

Daystar Academy

--
Private|Grades PK–9
1550 S State St St...|0.13 miles away

South Loop Elementary School

B
Public|Grades PK–8
1212 S Plymouth Ct|0.37 miles away

Perspectives Charter - Joslin Campus

C-
Public|Grades 6–12
1930 S Archer Ave|0.38 miles away

National Teachers Elementary Academy

B-
Public|Grades PK–8
55 W Cermak Rd|0.69 miles away

South Loop Montessori School

--
Private|Grades PK–3
47 W Polk St Ste G...|0.71 miles away

Pui Tak Christian School

--
Private|Grades PK–8
2301 S Wentworth A...|0.8 miles away
Next

Schools

arrow rightWhat to know about schoolsarrow right
Next

Description

Landmark Lofts is located in a school-accessible area of South Loop / Near South Side, Chicago. Nearby schools within a 2-mile radius simplify daily schedules. Families benefit from convenient education access. This location promotes a balanced and family-friendly lifestyle.

Daystar Academy

--
Private|Grades PK–9
1550 S State St St...|Less than 1 Mile Away

South Loop Elementary School

B
Public|Grades PK–8
1212 S Plymouth Ct|Less than 1 Mile Away

Perspectives Charter - Joslin Campus

C-
Public|Grades 6–12
1930 S Archer Ave|Less than 1 Mile Away

National Teachers Elementary Academy

B-
Public|Grades PK–8
55 W Cermak Rd|Less than 1 Mile Away

South Loop Montessori School

--
Private|Grades PK–3
47 W Polk St Ste G...|Less than 1 Mile Away

Pui Tak Christian School

--
Private|Grades PK–8
2301 S Wentworth A...|Less than 1 Mile Away

Jones College Preparatory High School

A
Public|Grades 9–12
700 S State St|Less than 1 Mile Away

Graham R Training Center

--
Public|Grades 9–12
2347 S Wabash Ave|Less than 1 Mile Away

St Therese Chinese Catholic School

--
Private|Grades PK–8
247 W 23rd St|Less than 1 Mile Away

Haines Elementary School

A
Public|Grades PK–8
247 W 23rd Pl|Less than 1 Mile Away

Urban Preparatory West Charter School

--
Public|Grades 9–12
425 S Wabash Ave|1.01 Miles Away

Yccs-Jane Addams Alternative High School

--
Public|Grades 9–12
1814 S Union Ave|1.03 Miles Away

Walsh Elementary School

D
Public|Grades KG–8
2015 S Peoria St|1.22 Miles Away

Dba City Garden Waldorf School

--
Private|Grades PK–KG
920 W 19th St|1.23 Miles Away

Drake Elementary School

C
Public|Grades PK–8
2710 S Dearborn St|1.26 Miles Away

Intrinsic 2 Charter High School

--
Public|Grades 9–12
79 W Monroe St Ste...|1.32 Miles Away

J. Ward Elementary School

B+
Public|Grades KG–8
2701 S Shields Ave|1.34 Miles Away

Jungman Elementary School

C+
Public|Grades PK–8
1746 S Miller St|1.37 Miles Away

Yccs- Mckinley-Lakeside Leadership Academy

--
Public|Grades 9–12
2920 S Wabash Ave|1.39 Miles Away

St Jerome School

--
Private|Grades PK–8
2801 S Princeton A...|1.39 Miles Away

McKinley Lakeside Leadership Academy

--
Private|Grades 10–12
2920 S Wabash Ave|1.40 Miles Away

J. Smyth Elementary School

D
Public|Grades KG–8
1059 W 13th St|1.43 Miles Away

Sheridan Elementary Math & Science Academy

A+
Public|Grades KG–8
533 W 27th St|1.43 Miles Away

Noble St Charter-Muchin College Preparatory

A+
Public|Grades 9–12
1 N State St|1.43 Miles Away

Yccs-Innovations of Arts Integr High School

--
Public|Grades 9–12
17 N State St|1.45 Miles Away

St Ignatius College Preparatory

--
Private|Grades 9–12
1076 W Roosevelt R...|1.49 Miles Away

Galileo Elementary Math & Science Schol Acd

B
Public|Grades KG–8
820 S Carpenter St|1.56 Miles Away

Dunbar Vocational Career Academy High School

C
Public|Grades 9–12
3000 S King Dr|1.57 Miles Away

Frances Xavier Warde School

--
Private|Grades PK–8
120 S Desplaines S...|1.58 Miles Away

St Procopius School

--
Private|Grades PK–8
1625 S Allport St|1.62 Miles Away

Perez Elementary School

D+
Public|Grades PK–8
1241 W 19th St|1.70 Miles Away

Healy Elementary School

A
Public|Grades PK–8
3010 S Parnell Ave|1.72 Miles Away

Chicago Technology Academy High School

B
Public|Grades 9–12
1301 W 14th St|1.73 Miles Away

Devry Advantage Academy High School

A+
Public|Grades 11–12
1900 W Lawrence Av...|1.75 Miles Away

Gems World Academy Chicago

--
Private|Grades PK–11
350 E South Water ...|1.76 Miles Away

Pershing Elementary Magnet School

D+
Public|Grades PK–8
3200 S Calumet Ave|1.82 Miles Away

Pilsen Elementary Community Academy

D
Public|Grades PK–8
1420 W 17th St|1.88 Miles Away

St Therese School West

--
Private|Grades PK–8
2859 S Throop St|1.89 Miles Away

Transit

Landmark Lofts is located in a well-connected part of South Loop / Near South Side, Chicago, supported by nearby public transportation. Transit options within a 2-mile radius improve accessibility for daily commuting. Residents enjoy convenient travel across surrounding neighborhoods and downtown areas. This connectivity enhances overall quality of urban living.

1100 S Columbus (Pedestrian Underpass)

0.6 miles away|12 min walk

1440 S Indiana

0.2 miles away|4 min walk

18th St.

0.48 miles away|10 min walk

18th Street & Blue Island

1.81 miles away|35 min walk

18th Street & Carpenter

1.4 miles away|27 min walk

18th Street & Halsted

1.09 miles away|21 min walk
Next

Transit

arrow rightWhat to know about transitarrow right
Next

Description

Landmark Lofts is located in a well-connected part of South Loop / Near South Side, Chicago, supported by nearby public transportation. Transit options within a 2-mile radius improve accessibility for daily commuting. Residents enjoy convenient travel across surrounding neighborhoods and downtown areas. This connectivity enhances overall quality of urban living.

1100 S Columbus (Pedestrian Underpass)

0.6 miles away|12 min walk

1440 S Indiana

0.2 miles away|4 min walk

18th St.

0.48 miles away|10 min walk

18th Street & Blue Island

1.81 miles away|35 min walk

18th Street & Carpenter

1.4 miles away|27 min walk

18th Street & Halsted

1.09 miles away|21 min walk

18th Street & Laflin

1.94 miles away|38 min walk

18th Street & Peoria

1.17 miles away|23 min walk

18th Street & Racine

1.57 miles away|31 min walk

18th Street & Sangamon

1.24 miles away|24 min walk

18th Street & Throop

1.69 miles away|33 min walk

2300 S Halsted

1.28 miles away|25 min walk

25th Street & Michigan

1.01 miles away|20 min walk

26th Street & Indiana

1.12 miles away|22 min walk

26th Street & King Drive

1.18 miles away|23 min walk

26th Street & Normal

1.32 miles away|26 min walk

26th Street & Prairie

1.14 miles away|22 min walk

27th St.

1.38 miles away|27 min walk

2800 S King Drive

1.34 miles away|26 min walk

3000 S King Drive

1.55 miles away|30 min walk

3000 S Michigan

1.46 miles away|29 min walk

3000 S Wentworth

1.53 miles away|30 min walk

31st Street Beach

1.83 miles away|36 min walk

31st Street & Canal

1.72 miles away|34 min walk

31st Street & Giles

1.64 miles away|32 min walk

31st Street & Halsted

1.93 miles away|37 min walk

31st Street & King Drive

1.66 miles away|32 min walk

31st Street & Michigan

1.61 miles away|31 min walk

31st Street & Rhodes

1.73 miles away|34 min walk

31st Street & Throop

2 miles away|39 min walk

31st Street & Union

1.87 miles away|36 min walk

31st Street & Wallace

1.81 miles away|35 min walk

31st Street & Wells

1.65 miles away|32 min walk

3200 S Wentworth

1.76 miles away|34 min walk

320 N LaSalle

1.88 miles away|36 min walk

321 N LaSalle

1.88 miles away|37 min walk

327 W Roosevelt

0.62 miles away|12 min walk

333 S Franklin Street (Chicago)

1.16 miles away|23 min walk

3400 S State

1.99 miles away|39 min walk

350 S. Clark Street (Chicago)

1.11 miles away|22 min walk

900 W Harrison

1.47 miles away|29 min walk

900 W Roosevelt

1.25 miles away|24 min walk

900 W Taylor

1.28 miles away|25 min walk

Adams & Canal

1.4 miles away|27 min walk

Adams & Clark

1.25 miles away|25 min walk

Adams & State

1.23 miles away|24 min walk

Adams & S. Wacker

1.33 miles away|26 min walk

Adams & Wabash

1.23 miles away|24 min walk

Adams/Wabash

1.23 miles away|24 min walk

Adams & Wells

1.29 miles away|25 min walk

The Neighbourhood: South Loop / Near South Side

South Loop / Near South Side sits along Chicago's lakefront near major parks and museums. This district contains outdoor places like Grant Park, Millennium Park, and the Museum Campus. Museums include the Field Museum, Shedd Aquarium, and Adler Planetarium. Navy Pier provides rides and family attractions on the water. Restaurants such as Lou Malnati's, Giordano's, Portillo's, and The Gage serve a range of food. Buddy Guy's Legends and many bars host live music and late night gatherings. Soldier Field hosts sports and large events for the city. McCormick Place handles big conventions and trade shows. Parks and the lakefront trail invite walking, running, and biking. Trains and buses provide quick links to the Loop through Roosevelt station and CTA lines. Metra and regional buses connect visitors to suburbs and nearby towns. Small shops and office towers mix with apartments in many blocks. This district shows a dense urban form with a blend of jobs and homes. Data shows that the most common age group falls between 25 to 29 years old. Households with 1 person make up the largest part of the local population.

Next

Neighbourhood Description

South Loop / Near South Side sits along Chicago's lakefront near major parks and museums. This district contains outdoor places like Grant Park, Millennium Park, and the Museum Campus. Museums include the Field Museum, Shedd Aquarium, and Adler Planetarium. Navy Pier provides rides and family attractions on the water. Restaurants such as Lou Malnati's, Giordano's, Portillo's, and The Gage serve a range of food. Buddy Guy's Legends and many bars host live music and late night gatherings. Soldier Field hosts sports and large events for the city. McCormick Place handles big conventions and trade shows. Parks and the lakefront trail invite walking, running, and biking. Trains and buses provide quick links to the Loop through Roosevelt station and CTA lines. Metra and regional buses connect visitors to suburbs and nearby towns. Small shops and office towers mix with apartments in many blocks. This district shows a dense urban form with a blend of jobs and homes. Data shows that the most common age group falls between 25 to 29 years old. Households with 1 person make up the largest part of the local population.

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Landmark Lofts Demographics

This neighborhood indicates a good mix of people which makes it a good place for families. About 9.67% are children aged 0–14, 24.64% are young adults between 15–29, 33% are adults aged 30–44, 17.13% are in the 45–59 range and 15.56% are seniors aged 60 and above. Commuting options are also varying where 38.04% of residents relying on driving, while others prefer public transit around 25.78%, walking around 13.99%, biking around 2.42%, allowing residents to choose travel modes that best fit their daily routines. Most homes in the area are with 56.27% of units are rented and 43.73% are owner occupied. The neighborhood offers different household types. About 11.91% are single family homes and 1.06% are multi family units. Around 52.56% are single-person households, while 47.44% are multi person households. This mix works well for families, roommates, and individuals. Education levels in the neighborhood vary widely where 32.91% of residents have bachelor’s degrees. Around 4.87% have high school or college education. Another 3.88% hold diplomas while 41.54% have completed postgraduate studies. The remaining are 16.8% with other types of qualifications.

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Demographics Description

This neighborhood indicates a good mix of people which makes it a good place for families. About 9.67% are children aged 0–14, 24.64% are young adults between 15–29, 33% are adults aged 30–44, 17.13% are in the 45–59 range and 15.56% are seniors aged 60 and above. Commuting options are also varying where 38.04% of residents relying on driving, while others prefer public transit around 25.78%, walking around 13.99%, biking around 2.42%, allowing residents to choose travel modes that best fit their daily routines. Most homes in the area are with 56.27% of units are rented and 43.73% are owner occupied. The neighborhood offers different household types. About 11.91% are single family homes and 1.06% are multi family units. Around 52.56% are single-person households, while 47.44% are multi person households. This mix works well for families, roommates, and individuals. Education levels in the neighborhood vary widely where 32.91% of residents have bachelor’s degrees. Around 4.87% have high school or college education. Another 3.88% hold diplomas while 41.54% have completed postgraduate studies. The remaining are 16.8% with other types of qualifications.

Age Demographics

0–14 Years

9.67%

15–29 Years

24.64%

30–44 Years

33%

45–59 Years

17.13%

60+ Years

15.56%

Commute

25.78%

Transit

13.99%

Walk

38.04%

Drive

2.42%

Bike

Housing Ownership

43.73%

Owner Occupied

56.27%

Rental Units

Household Types

Single Family
11.91%
Multi Family
1.06%
Single Person
52.56%
Multi Person
47.44%

Average Income

Household:$8,725,128.94 /yr

Individual:$7,694,466.26 /yr

Education

Bachelors Degree32.91%
High School College4.87%
Diploma3.88%
Post Graduate41.54%
Others16.8%
Next

Education

Diploma3.88%
Post Graduate41.54%
Others16.8%
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    Landmark Lofts
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