1516 South Wabash Avenue

1516 South Wabash Avenue is a condo located in South Loop, Chicago.

Interested in learning more about the building? There are many great amenities and features for residents in the building. If you drive, rest assured! The building has its own garage, which would come in super-handy for parking! There are 30 closings on record, of which we have matching data for 8 listings. In the past 3 years, a listing in this building will typically remain on the market for about 118 days and tend to sell below the original asking price of $334,900 by 3.54%. Meaning, listings tend to sell at a median of $295 price per square foot. The transaction that took the longest to complete was unit 707, listed on Oct 07, 2020 for $244,900. This particular unit ultimately sold 195 days later for $225,000. The most recent transaction was for unit 506, sold for $298,000 on Dec 21, 2021. Fun fact, the oldest transaction we have on record took place on Jul 10, 2006. See the full transaction history for 1516 South Wabash Avenue below.

South Loop, where 1516 South Wabash Avenue is located, has a median asking price of $604,000 for condo buildings. Meanwhile, the building itself has a median asking price of $334,900. For interested buyers, that means the building's median asking price is around 0.45% below the neighborhood's median asking price for condos. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other condo buildings in the neighborhood.

There are currently 4 active listings for sale within the building and our inventory of available units for sale is constantly updating in real time. Check back frequently for updates. Currently, the most expensive asking price for all of the active units in the building is $375,000. It is a 1,250 sqft 2 bedroom and 2 bathroom unit. Conversely, the least expensive asking price for all of the active units in the building is $275,000. It is a 1 bedroom and 1 bathroom unit. A breakdown of active listings shows no studio, 1 one-bedroom, 3 two-bedroom, no three-bedroom, and no four-bedroom plus units for sale! The median price of all the active units for sale in the building is $345,000. Collectively, the median square footage of these active units for sale is 625 sqft. Active units for sale at 1516 South Wabash Avenue are mostly 2-bedroom apartments Active units for sale at 1516 South Wabash Avenue have a median count of 2 bedrooms and have a median count of 1.75 bathrooms.