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  3. Chicago, IL
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  5. 50 E 16th Street
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50 E 16th Street

50 E 16th Street, Chicago, IL, 60605

YEAR BUILT

2008

# STORIES

14

# TOTAL UNITS

292

UNIT SIZE RANGE

2,450-2,550 sqft

Description

The building at 50 E 16th Street stands tall with 14 stories in the heart of Chicago. Built in 2008, it contains 292 units spread across its high-rise structure. It includes options for 1, 2, or even 3 bedrooms, catering to different needs. The unit sizes range from 2,450 to 2,550 square feet. Prices in this building start at $553,880, with an average closed price of around $343,279. Recent sales indicate an average price per square foot of about $328. Listings have been moving fairly quickly, with an average of 61 days on the market. This suggests that interest in the building is strong. The building has several good amenities. It features elevators for easy access to upper floors and an exercise room for fitness enthusiasts. Residents can benefit from these conveniences within the building without needing to go far. Nearby, residents find helpful businesses. Greenleaf Food Market offers grocery options just a short walk away. Entrenuity and Bright Promise Fund for Urban serve as local educational institutions. These spots enhance the neighborhood’s livability and make daily errands simpler. Living here allows access to various local roads, simplifying travel around the city. The building's location also means that getting to Lake Michigan is quick and easy. This proximity to the water adds to the appeal for those who enjoy outdoor activities or simply want a nice view.

Building ImageMLS ID #09380694
Building ImageMLS ID #09380694
Building ImageView Listing

50 E 16th Street

50 E 16th Street, Chicago, IL, 60605

YEAR BUILT

2008

# STORIES

14

# TOTAL UNITS

292

UNIT SIZE RANGE

2,450-2,550 sqft

Description

The building at 50 E 16th Street stands tall with 14 stories in the heart of Chicago. Built in 2008, it contains 292 units spread across its high-rise structure. It includes options for 1, 2, or even 3 bedrooms, catering to different needs. The unit sizes range from 2,450 to 2,550 square feet. Prices in this building start at $553,880, with an average closed price of around $343,279. Recent sales indicate an average price per square foot of about $328. Listings have been moving fairly quickly, with an average of 61 days on the market. This suggests that interest in the building is strong. The building has several good amenities. It features elevators for easy access to upper floors and an exercise room for fitness enthusiasts. Residents can benefit from these conveniences within the building without needing to go far. Nearby, residents find helpful businesses. Greenleaf Food Market offers grocery options just a short walk away. Entrenuity and Bright Promise Fund for Urban serve as local educational institutions. These spots enhance the neighborhood’s livability and make daily errands simpler. Living here allows access to various local roads, simplifying travel around the city. The building's location also means that getting to Lake Michigan is quick and easy. This proximity to the water adds to the appeal for those who enjoy outdoor activities or simply want a nice view.

Next

Description

The building at 50 E 16th Street stands tall with 14 stories in the heart of Chicago. Built in 2008, it contains 292 units spread across its high-rise structure. It includes options for 1, 2, or even 3 bedrooms, catering to different needs. The unit sizes range from 2,450 to 2,550 square feet. Prices in this building start at $553,880, with an average closed price of around $343,279. Recent sales indicate an average price per square foot of about $328. Listings have been moving fairly quickly, with an average of 61 days on the market. This suggests that interest in the building is strong. The building has several good amenities. It features elevators for easy access to upper floors and an exercise room for fitness enthusiasts. Residents can benefit from these conveniences within the building without needing to go far. Nearby, residents find helpful businesses. Greenleaf Food Market offers grocery options just a short walk away. Entrenuity and Bright Promise Fund for Urban serve as local educational institutions. These spots enhance the neighborhood’s livability and make daily errands simpler. Living here allows access to various local roads, simplifying travel around the city. The building's location also means that getting to Lake Michigan is quick and easy. This proximity to the water adds to the appeal for those who enjoy outdoor activities or simply want a nice view.

50 E 16th Street Market Stats Last 12 months

Avg. Listed Price$371,547($310/Sqft.)
Avg. Sale Price$343,279($328/Sqft.)
Year over year list priceDown Arrow0.02%
Year over year sale priceDown Arrow 0.12%
Total Listings13 Listed
Total sold9 Sold
Average Days on Market61 days
Average HOA fees per sqft$2 /monthly
Next

Market Stats

Year over year list priceDown Arrow0.02%
Year over year sale priceDown Arrow0.12%
Total Listings13 Listed
Total sold9 Sold
Average Days on Market61 days
Average HOA fees per sqft$2 /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

50 E 16th Street Inventory & Sale History

UnitSize (sqft)BedsBathsDays On MarketDateStatusPrice
Unit 14101410203222792017-01-20
MLS#: 09380694 		Closed$553,880
Unit 1410
1410

2 Beds

2 Baths

2032 sqft

DateStatusPrice
2017-01-20Closed$553,880
MLS#: 09380694
Days On Market79
View Complete Unit Listing HistorySource By: MRED

Amenities

Life at 50 E 16th Street comes with some appealing amenities. Whether you enjoy working out or just want to take the stairs for some fresh air, the well-equipped exercise room is right there for you. Additionally, elevators make it easy for you to move around the building without hassle. Everything has been designed with convenience and comfort in mind, allowing you more time to enjoy the community and everything around it.

Next

Amenities Description

Life at 50 E 16th Street comes with some appealing amenities. Whether you enjoy working out or just want to take the stairs for some fresh air, the well-equipped exercise room is right there for you. Additionally, elevators make it easy for you to move around the building without hassle. Everything has been designed with convenience and comfort in mind, allowing you more time to enjoy the community and everything around it.

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

Storage

Storage

Policies

One of the wonderful aspects of 50 E 16th Street is its pet-friendly building policy. Cat owners can comfortably bring their feline friends, and dog owners will be thrilled to know that their furry companions are also welcome. Just keep an eye on the number of pets you bring to ensure compliance with the number limit in place. You’ll feel at home knowing your pets can join you as you create lasting memories in your new space.

Next

Amenities Description

One of the wonderful aspects of 50 E 16th Street is its pet-friendly building policy. Cat owners can comfortably bring their feline friends, and dog owners will be thrilled to know that their furry companions are also welcome. Just keep an eye on the number of pets you bring to ensure compliance with the number limit in place. You’ll feel at home knowing your pets can join you as you create lasting memories in your new space.

Pet Allowed
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)
50 E 16th Street$328/sqft.$2 /sqft.
50 E 16th St$334/sqft.$3 /sqft.
1600 South Wabash Condominiums$288/sqft.$4 /sqft.
1600 S Wabash Ave$288/sqft.$4 /sqft.
1620 S Michigan Ave$341/sqft.$3 /sqft.
1620 South Michigan Avenue Condominiums$324/sqft.$4 /sqft.

Nearby Schools

Discover top-rated schools located close to 50 E 16th Street.

Daystar Academy

--
Private|Grades PK–9
1550 S State St St...|0.2 miles away

Perspectives Charter - Joslin Campus

C-
Public|Grades 6–12
1930 S Archer Ave|0.44 miles away

South Loop Elementary School

B
Public|Grades PK–8
1212 S Plymouth Ct|0.63 miles away

National Teachers Elementary Academy

B-
Public|Grades PK–8
55 W Cermak Rd|0.84 miles away

Pui Tak Christian School

--
Private|Grades PK–8
2301 S Wentworth A...|1 miles away

Graham R Training Center

--
Public|Grades 9–12
2347 S Wabash Ave|1.02 miles away
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Schools

Daystar Academy

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

Perspectives Charter - Joslin Campus

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

South Loop Elementary School

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

National Teachers Elementary Academy

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

Pui Tak Christian School

--
Private|Grades PK–8
2301 S Wentworth A...|1.00 Miles Away

Graham R Training Center

--
Public|Grades 9–12
2347 S Wabash Ave|1.02 Miles Away

South Loop Montessori School

--
Private|Grades PK–3
47 W Polk St Ste G...|1.08 Miles Away

St Therese Chinese Catholic School

--
Private|Grades PK–8
247 W 23rd St|1.09 Miles Away

Haines Elementary School

A
Public|Grades PK–8
247 W 23rd Pl|1.16 Miles Away

Jones College Preparatory High School

A
Public|Grades 9–12
700 S State St|1.22 Miles Away

Yccs-Jane Addams Alternative High School

--
Public|Grades 9–12
1814 S Union Ave|1.42 Miles Away

Urban Preparatory West Charter School

--
Public|Grades 9–12
425 S Wabash Ave|1.48 Miles Away

Drake Elementary School

C
Public|Grades PK–8
2710 S Dearborn St|1.60 Miles Away

Walsh Elementary School

D
Public|Grades KG–8
2015 S Peoria St|1.66 Miles Away

Dba City Garden Waldorf School

--
Private|Grades PK–KG
920 W 19th St|1.69 Miles Away

J. Ward Elementary School

B+
Public|Grades KG–8
2701 S Shields Ave|1.72 Miles Away

Yccs- Mckinley-Lakeside Leadership Academy

--
Public|Grades 9–12
2920 S Wabash Ave|1.76 Miles Away

McKinley Lakeside Leadership Academy

--
Private|Grades 10–12
2920 S Wabash Ave|1.77 Miles Away

St Jerome School

--
Private|Grades PK–8
2801 S Princeton A...|1.78 Miles Away

Sheridan Elementary Math & Science Academy

A+
Public|Grades KG–8
533 W 27th St|1.87 Miles Away

Jungman Elementary School

C+
Public|Grades PK–8
1746 S Miller St|1.90 Miles Away

Intrinsic 2 Charter High School

--
Public|Grades 9–12
79 W Monroe St Ste...|1.90 Miles Away

Dunbar Vocational Career Academy High School

C
Public|Grades 9–12
3000 S King Dr|1.99 Miles Away

J. Smyth Elementary School

D
Public|Grades KG–8
1059 W 13th St|2.01 Miles Away

Noble St Charter-Muchin College Preparatory

A+
Public|Grades 9–12
1 N State St|2.04 Miles Away

Yccs-Innovations of Arts Integr High School

--
Public|Grades 9–12
17 N State St|2.07 Miles Away

St Ignatius College Preparatory

--
Private|Grades 9–12
1076 W Roosevelt R...|2.10 Miles Away

Galileo Elementary Math & Science Schol Acd

B
Public|Grades KG–8
820 S Carpenter St|2.21 Miles Away

St Procopius School

--
Private|Grades PK–8
1625 S Allport St|2.23 Miles Away

Healy Elementary School

A
Public|Grades PK–8
3010 S Parnell Ave|2.24 Miles Away

Frances Xavier Warde School

--
Private|Grades PK–8
120 S Desplaines S...|2.25 Miles Away

Pershing Elementary Magnet School

D+
Public|Grades PK–8
3200 S Calumet Ave|2.32 Miles Away

Perez Elementary School

D+
Public|Grades PK–8
1241 W 19th St|2.33 Miles Away

Chicago Technology Academy High School

B
Public|Grades 9–12
1301 W 14th St|2.39 Miles Away

Devry Advantage Academy High School

A+
Public|Grades 11–12
1900 W Lawrence Av...|2.42 Miles Away

Gems World Academy Chicago

--
Private|Grades PK–11
350 E South Water ...|2.46 Miles Away

St Therese School West

--
Private|Grades PK–8
2859 S Throop St|2.51 Miles Away

Pilsen Elementary Community Academy

D
Public|Grades PK–8
1420 W 17th St|2.58 Miles Away

Yccs-Youth Connection Leadership Academy

--
Public|Grades 9–12
3424 S State St|2.62 Miles Away

De la Salle Institute - Institute Campus

--
Private|Grades 9–12
3434 S Michigan Av...|2.68 Miles Away

Transit

Experience convenience and connectivity with premium transit options just moments away.

1440 S Indiana

0.27 miles away|6 min walk

18th St.

0.53 miles away|11 min walk

1100 S Columbus (Pedestrian Underpass)

0.88 miles away|17 min walk

327 W Roosevelt

0.96 miles away|19 min walk

25th Street & Michigan

1.23 miles away|24 min walk

26th Street & Indiana

1.39 miles away|27 min walk
Next

Transit

1440 S Indiana

0.27 miles away|6 min walk

18th St.

0.53 miles away|11 min walk

1100 S Columbus (Pedestrian Underpass)

0.88 miles away|17 min walk

327 W Roosevelt

0.96 miles away|19 min walk

25th Street & Michigan

1.23 miles away|24 min walk

26th Street & Indiana

1.39 miles away|27 min walk

26th Street & Prairie

1.41 miles away|28 min walk

26th Street & King Drive

1.46 miles away|28 min walk

18th Street & Halsted

1.51 miles away|29 min walk

350 S. Clark Street (Chicago)

1.62 miles away|32 min walk

18th Street & Peoria

1.62 miles away|32 min walk

2800 S King Drive

1.67 miles away|33 min walk

333 S Franklin Street (Chicago)

1.69 miles away|33 min walk

18th Street & Sangamon

1.71 miles away|33 min walk

2300 S Halsted

1.72 miles away|33 min walk

26th Street & Normal

1.72 miles away|33 min walk

27th St.

1.72 miles away|34 min walk

900 W Roosevelt

1.78 miles away|35 min walk

Adams & Clark

1.81 miles away|35 min walk

900 W Taylor

1.83 miles away|36 min walk

3000 S Michigan

1.85 miles away|36 min walk

18th Street & Carpenter

1.93 miles away|38 min walk

3000 S King Drive

1.95 miles away|38 min walk

3000 S Wentworth

1.97 miles away|38 min walk

Adams & Canal

2.01 miles away|39 min walk

31st Street & Michigan

2.05 miles away|40 min walk

31st Street & Giles

2.08 miles away|40 min walk

900 W Harrison

2.1 miles away|41 min walk

31st Street & King Drive

2.11 miles away|41 min walk

31st Street & Wells

2.13 miles away|41 min walk

18th Street & Racine

2.16 miles away|42 min walk

31st Street & Rhodes

2.2 miles away|43 min walk

31st Street & Canal

2.24 miles away|43 min walk

3200 S Wentworth

2.27 miles away|44 min walk

18th Street & Throop

2.32 miles away|45 min walk

31st Street Beach

2.33 miles away|45 min walk

31st Street & Wallace

2.37 miles away|46 min walk

31st Street & Union

2.45 miles away|47 min walk

18th Street & Blue Island

2.48 miles away|48 min walk

31st Street & Halsted

2.53 miles away|49 min walk

3400 S State

2.56 miles away|50 min walk

33rd Place & Rhodes

2.58 miles away|50 min walk

31st Street & Throop

2.64 miles away|51 min walk

320 N LaSalle

2.65 miles away|51 min walk

31st Street & Lituanica

2.65 miles away|51 min walk

321 N LaSalle

2.65 miles away|51 min walk

18th Street & Laflin

2.66 miles away|52 min walk

33rd Place & Cottage Grove

2.66 miles away|52 min walk

35-Bronzeville-IIT

2.68 miles away|52 min walk

35th-Bronzeville-IIT

2.68 miles away|52 min walk

The Neighbourhood: 50 E 16th Street

South Loop, part of Chicago’s vibrant Near South Side, offers a dynamic urban experience with a mix of historic and modern attractions. This neighborhood is home to the renowned Museum Campus, which includes the Field Museum, Shedd Aquarium, and Adler Planetarium. Residents enjoy diverse dining options, from local eateries to high-end restaurants, and ample shopping opportunities. The area provides a convenient lifestyle with easy access to public transportation, including multiple L train lines and proximity to major expressways. With its scenic views of Lake Michigan and Grant Park, South Loop caters to both families and professionals seeking an active city life.

Next

Neighbourhood Description

South Loop, part of Chicago’s vibrant Near South Side, offers a dynamic urban experience with a mix of historic and modern attractions. This neighborhood is home to the renowned Museum Campus, which includes the Field Museum, Shedd Aquarium, and Adler Planetarium. Residents enjoy diverse dining options, from local eateries to high-end restaurants, and ample shopping opportunities. The area provides a convenient lifestyle with easy access to public transportation, including multiple L train lines and proximity to major expressways. With its scenic views of Lake Michigan and Grant Park, South Loop caters to both families and professionals seeking an active city life.

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50 E 16th Street Demographics

Age Demographics

0–14 Years

9.87%

15–29 Years

23.93%

30–44 Years

32.83%

45–59 Years

17.48%

60+ Years

15.89%

Commute

26.02%

Transit

13.19%

Walk

38.72%

Drive

2.46%

Bike

Housing Ownership

44.16%

Owner Occupied

55.84%

Rental Units

Household Types

Single Family
12.05%
Multi Family
1.08%
Single Person
52.7%
Multi Person
47.3%

Average Income

Household:$8,558,912.74 /yr

Individual:$7,679,064.89 /yr

Education

Bachelors Degree32.67%
High School College4.95%
Diploma3.83%
Post Graduate41.53%
Others17.02%
Next

Education

Diploma3.83%
Post Graduate41.53%
Others17.02%
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  3. /
    50 E 16th Street
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