Highlights
- Ample closet space
- In-unit washer and dryer
- Fitness room
- Additional storage
- Cable and internet
- Neighborhood amenities
Nearby rentals
Renter hub
Property management
Ample closet space and an in-unit washer and dryer enhance convenience and comfort. The fitness room and additional storage cater to an active lifestyle, while available cable and internet service ensure connectivity. Located near various neighborhood amenities, the property offers an appealing blend of functionality and accessibility.
Things you’ll love
Great for
Apartment Amenities
| Central Air | Fireplace |
| Hardwood Floor | High Ceilings |
| Natural Gas |
Appliances
| Dishwasher | In-Unit Laundry |
Building
| Exterior Type: Brick | Fitness Center |
Grounds
| Assigned Parking | Garage Parking |
| Storage |
Other
| Four Rooms |
One-time.
One-time. Refundable.
Assigned Parking
Questions about this property’s policies and fees?

Property Status: Pending Bright and spacious loft in the Historic Landmark Lofts building at 1516 S. This unit features 11-foot ceilings, a fireplace, and new LVT flooring in the living area. A wall of windows spans the length of the unit, offering west-facing sunset views. Additional features include in-unit washer and dryer and ample closet space. Building amenities include a fitness room and additional storage. One indoor garage parking space is included. Cable and internet are included in the monthly HOA. Convenient South Loop location near public transportation, grocery stores, and neighborhood amenities. Office Phone: (773) 619-6804 Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
How 1516 S Wabash Ave Apt 708, Chicago, IL 60605, USA compares to other nearby properties.
Positives
Considerations
| Neighborhood | South Loop |
|---|---|
| Zip code | 60605 |
| Type | House for rent |
1-bedroom apartments at 1516 S Wabash Ave Apt 508 #508 cost about 15% less than the average rent price for 1-bedroom apartments in Chicago.
| Month | Median Rent |
|---|---|
| February 2024 | $2,174 |
| March 2024 | $2,319 |
| April 2024 | $2,180 |
| May 2024 | $2,248 |
| June 2024 | $2,337 |
| July 2024 | $2,354 |
| August 2024 | $2,210 |
| September 2024 | $2,235 |
| October 2024 | $2,200 |
| November 2024 | $2,118 |
| December 2024 | $1,961 |
| January 2025 | $1,932 |
| February 2025 | $1,991 |
| March 2025 | $2,036 |
| April 2025 | $2,050 |
| May 2025 | $2,040 |
| June 2025 | $2,012 |
| July 2025 | $2,172 |
| August 2025 | $2,064 |
| September 2025 | $1,986 |
| October 2025 | $1,940 |
| November 2025 | $1,952 |
| December 2025 | $1,950 |
| January 2026 | $1,996 |
| Month | Median Rent |
|---|---|
| February 2024 | $2,236 |
| March 2024 | $2,212 |
| April 2024 | $2,271 |
| May 2024 | $2,359 |
| June 2024 | $2,326 |
| July 2024 | $2,294 |
| August 2024 | $2,297 |
| September 2024 | $2,252 |
| October 2024 | $2,272 |
| November 2024 | $2,280 |
| December 2024 | $2,207 |
| January 2025 | $2,194 |
| February 2025 | $2,212 |
| March 2025 | $2,236 |
| April 2025 | $2,288 |
| May 2025 | $2,380 |
| June 2025 | $2,364 |
| July 2025 | $2,507 |
| August 2025 | $2,429 |
| September 2025 | $2,383 |
| October 2025 | $2,321 |
| November 2025 | $2,200 |
| December 2025 | $2,232 |
| January 2026 | $2,259 |
Can I afford to live at 1516 S Wabash Ave Apt 508 #508?
Bedrooms
1 bedroomRent-to-income ratio
30%
$78,000/yr
| Bath | |||||
|---|---|---|---|---|---|
| This month | $1,950 | 1 bed | 1 bath | ||
| 8 months ago | $2,400 | 2 bed | 1 bath | ||
| 1 year ago | $1,950 | 1 bed | 1 bath | ||
| 1 year ago | $2,150 | 1 bed | 1 bath | ||
| 1 year ago | $1,950 | 1 bed | 1 bath | ||
| 2 years ago | $2,675 | 2 bed | 1.5 bath | ||
| 2 years ago | $2,800 | 2 bed | 1.5 bath | ||
| 2 years ago | $1,995 | 1 bed | 1 bath | ||
| 2 years ago | $2,800 | 2 bed | 1.5 bath |
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Occupied
2 Beds
1.5 Baths
$2,800
High Ceilings • Air Conditioning • Balcony • On-Site Laundry • Walk-In Closets
Occupied
Room
1 Bath
$1,100
High Ceilings • In-Unit Laundry • Air Conditioning • Deck • Hardwood Floor • Central Heat
Occupied
1 Bed
1 Bath
$1,500
High Ceilings • In-Unit Laundry • Carpet • Air Conditioning • Hardwood Floor • Dishwasher
Occupied
1 Bed
1 Bath
$1,550
On-Site Laundry • Hardwood Floor • Fireplace
Occupied
1 Bed
1 Bath
$1,550
On-Site Laundry • Hardwood Floor • Fireplace
Occupied
1 Bed
1 Bath
$1,650
In-Unit Laundry • Carpet • Air Conditioning • Hardwood Floor • Dishwasher • On-Site Laundry
Occupied
1 Bed
1 Bath
$1,700
In-Unit Laundry • Carpet • Air Conditioning • Hardwood Floor • Balcony • Assigned Parking
Occupied
1 Bed
1 Bath
$1,800
Dishwasher • In-Unit Laundry • Fireplace
Occupied
1 Bed
1 Bath
$1,850
In-Unit Laundry • Carpet • Air Conditioning • Hardwood Floor • Balcony • Dishwasher
Occupied
1 Bed
1.5 Baths
$1,850
Carpet • Air Conditioning • Hardwood Floor • Balcony • On-Site Laundry • Fireplace
Occupied
1 Bed
1.5 Baths
$1,900
Carpet • Air Conditioning • Hardwood Floor • Balcony • On-Site Laundry • Fireplace
Occupied
1 Bed
1 Bath
$1,995
High Ceilings • In-Unit Laundry • Air Conditioning • Deck • Hardwood Floor • Balcony
Occupied
1 Bed
1 Bath
$2,000
High Ceilings • In-Unit Laundry • Carpet • Air Conditioning • Hardwood Floor • Balcony
Occupied
1 Bed
1 Bath
$2,150
In-Unit Laundry • Air Conditioning • Hardwood Floor • Balcony • Assigned Parking • On-Site Laundry
Occupied
1 Bed
1 Bath
$2,250
In-Unit Laundry • Air Conditioning • Fitness Center • Hardwood Floor • Balcony • Assigned Parking
Occupied
1 Bed
1.5 Baths
$2,400
Dishwasher • In-Unit Laundry • Fireplace
Occupied
2 Beds
1 Bath
$1,995
In-Unit Laundry • Balcony
Occupied
2 Beds
1.5 Baths
$2,200
High Ceilings • In-Unit Laundry • Air Conditioning • Hardwood Floor • Balcony • Dishwasher
Occupied
2 Beds
1.5 Baths
$2,200
High Ceilings • In-Unit Laundry • Carpet • Air Conditioning • Hardwood Floor • Balcony
Occupied
2 Beds
2 Baths
$2,275
High Ceilings • In-Unit Laundry • Carpet • Air Conditioning • Hardwood Floor • Balcony
Occupied
2 Beds
1 Bath
$2,300
In-Unit Laundry • Air Conditioning • Hardwood Floor • Balcony • Dishwasher • On-Site Laundry
Occupied
2 Beds
2 Baths
$2,300
Balcony
Occupied
2 Beds
1.5 Baths
$2,400
In-Unit Laundry • Air Conditioning • Hardwood Floor • Balcony • Dishwasher • On-Site Laundry
Occupied
2 Beds
2 Baths
$2,400
Occupied
2 Beds
2 Baths
$2,400
In-Unit Laundry • Air Conditioning • Hardwood Floor • Balcony • Dishwasher • Fireplace
Occupied
2 Beds
2 Baths
$2,500
Air Conditioning • Hardwood Floor • Walk-In Closets • Balcony
Occupied
2 Beds
2 Baths
$2,600
In-Unit Laundry • Carpet • Air Conditioning • Hardwood Floor • Balcony • Dishwasher
Occupied
2 Beds
2 Baths
$2,650
In-Unit Laundry • Air Conditioning • Deck • Balcony • Assigned Parking • Central Heat
Occupied
2 Beds
2 Baths
$2,800
In-Unit Laundry • Air Conditioning • Hardwood Floor • Balcony • Dishwasher • On-Site Laundry
Occupied
2 Beds
2 Baths
$3,000
In-Unit Laundry • Air Conditioning • Hardwood Floor • Balcony • Assigned Parking • Ceiling Fan
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