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.
Listed By
Agency Name: ALLURE Real Estate
Agency Phone: 312-772-2820
Shown By
Agency Title: Charles Rutenberg Realty
Agency Phone: 630-929-1100
Estimated Payment
$ 2,940.28 per month $2,219.82 Principal & Interest $592.42 Property Tax $128.04 Homeowner's InsuranceIf the email address was found in our system, your password has been sent. Please check your inbox.
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1516 S Wabash Avenue, Unit 1102 | MLS# 12677489
This condo located at 1516 S Wabash Avenue, Unit 1102, Chicago, IL 60605 is currently listed for sale with an asking price of $439,000. This property was built in 1920 and has 2 bedrooms and 2 full baths with 1500 sq. ft. S Wabash Avenue, Unit 1102 is located in the Landmark Lofts subdivision within the District 299 school district. Search Landmark Lofts real estate on www.mycrr.com today.