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2 Beds
2 Baths
1,500 sqft

$434,999

1516 S WABASH Avenue Unit: 1102, Chicago IL, 60605

Price per sqft$290.00
Built in1920
Property size1,500 sqft
Property typeCondominium
Listed by Cecil Sabu with ALLURE Real Estate 312-772-2820

Overview

Active

Listed Jun 13, 2026

Updated 3 days ago

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.

$2,894/mo

Est. mortgage payment based on a $434,999 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
12677489

Interior Features

Bedrooms
2
Bathrooms
2
Cooling
Yes
Heating
Yes
Basement
No

Other Property Details

Taxes
$7,110
Tax Frequency
Annually
Association Fee Frequency
Monthly
Garage
Yes
Pets Allowed
Yes
MLS provider logo

Listed by Cecil Sabu with ALLURE Real Estate 312-772-2820

The data relating to real estate for sale on this website comes in part from the Broker ReciprocitySM Program of Midwest Real Estate Data. Real estate listings held by brokerage firms other than Trevor Pauling are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.

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Data is refreshed every 3 hours. Listing last updated 3:37 AM UTC on 10/6/2026. 

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