• Status Active
  • Price $439,000
  • Bed 2
  • Bath 2
  • Location South Loop

1516 S Wabash Avenue #1102

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.

General Info

  • Property Type Attached Single
  • Price $439,000
  • Taxes $7,109
  • Assessments $871
  • Assessments Include Not provided
  • Market Time 46 days
  • Year Built 1920
  • Square Feet Not provided
  • Listed by Cecil Sabu ALLURE Real Estate
  • Source MRED as distributed by MLS GRID

Rooms

  • Total Rooms 5
  • Bedrooms 2
    • Master Bedroom 12X15
    • Bedroom 2 12X11
  • Bathrooms 2
  • Other Rooms
    • Balcony/Porch/Lanai 06X10
    • Foyer 04X12
    • Walk In Closet 6X7
    • Dining Room 10X10
    • Kitchen 12X14
    • Living Room 20X24

Features

  • Heat Natural Gas, Forced Air
  • Air Conditioning Central Air
  • Appliances Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Range Hood
  • Parking Not provided
  • Age 100+ Years
  • Exterior Not provided
  • Exposure North, East, City, Lake/Water, Park

Based on information submitted to the MLS GRID as of 8/16/2026 9:02 PM. 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.

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