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  5. 1516 S Wabash Ave
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1516 S Wabash Ave

1516 S Wabash, Chicago, IL, 60605

YEAR BUILT

1920

# STORIES

11

# TOTAL UNITS

56

UNIT SIZE RANGE

720-1,500 sqft

Description

The building at 1516 S Wabash Ave sits in the South Loop, a vibrant neighborhood in Chicago. This high-rise structure has 11 stories and consists of 56 units, making it a comfortable place for many residents. It was built in 1920 and has a mix of one and two-bedroom units. Unit sizes range from 720 to 1,500 square feet. The prices for these units go from around $347,000 to $435,000. The average price per square foot is about $280 based on recent sales. On average, units remain on the market for about 52 days. This gives buyers ample time to make decisions. Residents can enjoy unique features like soaring ceilings from 11 to 12 feet. The floor-to-ceiling windows let in plenty of natural light, and private balconies add extra space to unwind. Each unit also comes with an in-unit washer and dryer for added convenience. Amenities around the building enhance the living experience. A fitness room, parks, and nearby dog parks cater to active lifestyles. The property is pet-friendly and includes heated garage parking, which makes life easier for residents with vehicles. Some storage lockers are also available. The location allows for easy access to public transportation. Nearby attractions include Soldier Field, Grant Park, and Museum Campus. Living here means you can enjoy city life while being close to local parks and Lake Michigan, making it appealing for those who love the outdoors.

Building ImageMLS ID #12372992
Building ImageMLS ID #12269840
Building Image
Building ImageView Listing

1516 S Wabash Ave

1516 S Wabash, Chicago, IL, 60605

YEAR BUILT

1920

# STORIES

11

# TOTAL UNITS

56

UNIT SIZE RANGE

720-1,500 sqft

Description

The building at 1516 S Wabash Ave sits in the South Loop, a vibrant neighborhood in Chicago. This high-rise structure has 11 stories and consists of 56 units, making it a comfortable place for many residents. It was built in 1920 and has a mix of one and two-bedroom units. Unit sizes range from 720 to 1,500 square feet. The prices for these units go from around $347,000 to $435,000. The average price per square foot is about $280 based on recent sales. On average, units remain on the market for about 52 days. This gives buyers ample time to make decisions. Residents can enjoy unique features like soaring ceilings from 11 to 12 feet. The floor-to-ceiling windows let in plenty of natural light, and private balconies add extra space to unwind. Each unit also comes with an in-unit washer and dryer for added convenience. Amenities around the building enhance the living experience. A fitness room, parks, and nearby dog parks cater to active lifestyles. The property is pet-friendly and includes heated garage parking, which makes life easier for residents with vehicles. Some storage lockers are also available. The location allows for easy access to public transportation. Nearby attractions include Soldier Field, Grant Park, and Museum Campus. Living here means you can enjoy city life while being close to local parks and Lake Michigan, making it appealing for those who love the outdoors.

Next

Description

The building at 1516 S Wabash Ave sits in the South Loop, a vibrant neighborhood in Chicago. This high-rise structure has 11 stories and consists of 56 units, making it a comfortable place for many residents. It was built in 1920 and has a mix of one and two-bedroom units. Unit sizes range from 720 to 1,500 square feet. The prices for these units go from around $347,000 to $435,000. The average price per square foot is about $280 based on recent sales. On average, units remain on the market for about 52 days. This gives buyers ample time to make decisions. Residents can enjoy unique features like soaring ceilings from 11 to 12 feet. The floor-to-ceiling windows let in plenty of natural light, and private balconies add extra space to unwind. Each unit also comes with an in-unit washer and dryer for added convenience. Amenities around the building enhance the living experience. A fitness room, parks, and nearby dog parks cater to active lifestyles. The property is pet-friendly and includes heated garage parking, which makes life easier for residents with vehicles. Some storage lockers are also available. The location allows for easy access to public transportation. Nearby attractions include Soldier Field, Grant Park, and Museum Campus. Living here means you can enjoy city life while being close to local parks and Lake Michigan, making it appealing for those who love the outdoors.

1516 S Wabash Ave 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

Low
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

Low
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

1516 S Wabash Ave 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

What could be more rewarding than relaxing in a health club or feeling energized after a workout in the exercise room? The condo comes equipped with various amenities, including a bike room for all of you who love to ride through Chicago’s beautiful streets and an intercom system for added security. You can also take comfort in knowing there's a service elevator for hassle-free moving days. Plus, if you’re a pet lover, both cats and dogs are welcome here!

Next

Amenities Description

What could be more rewarding than relaxing in a health club or feeling energized after a workout in the exercise room? The condo comes equipped with various amenities, including a bike room for all of you who love to ride through Chicago’s beautiful streets and an intercom system for added security. You can also take comfort in knowing there's a service elevator for hassle-free moving days. Plus, if you’re a pet lover, both cats and dogs are welcome here!

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

Before making it your own, it's helpful to know that the building has certain policies in place: there are limits on the number of pets you can have, and a deposit is required when you move in. This helps maintain a harmonious atmosphere for all residents, ensuring the building remains a friendly and comfortable community.

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)
1516 S Wabash Ave$280/sqft.$3 /sqft.
Landmark Lofts$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

In South Loop / Near South Side, 1516 S Wabash Ave benefits from nearby schools within easy reach. Educational institutions within 2 miles reduce travel time for families. This convenient access supports balanced daily routines. The location promotes comfortable urban living.

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
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Schools

arrow rightWhat to know about schoolsarrow right
Next

Description

In South Loop / Near South Side, 1516 S Wabash Ave benefits from nearby schools within easy reach. Educational institutions within 2 miles reduce travel time for families. This convenient access supports balanced daily routines. The location promotes comfortable urban living.

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

1516 S Wabash Ave is surrounded by public transit options designed for efficient city travel. Transportation access within a 2-mile radius ensures reliable connections across Chicago. Residents benefit from flexible commuting options and reduced travel stress. This well-connected setting supports modern urban lifestyles.

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

1516 S Wabash Ave is surrounded by public transit options designed for efficient city travel. Transportation access within a 2-mile radius ensures reliable connections across Chicago. Residents benefit from flexible commuting options and reduced travel stress. This well-connected setting supports modern urban lifestyles.

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

1.95 miles away|38 min walk

18th Street & Peoria

1.18 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|37 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|25 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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1516 S Wabash Ave 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 13.98%, 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 13.98%, 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

13.98%

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:$8,725,494.33 /yr

Individual:$7,695,895.64 /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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  1. Home
  2. /Chicago, IL
  3. /
    1516 S Wabash Ave
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ZIP Codes
600156006760073
6009360096601096011160117601996040660410604356044860556605646060260622606256064160827
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Paul Ambrogio

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13300 IL RT 47

Huntley, Illinois 60142

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