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    1345 S Wabash Ave, Unit 503 Chicago, IL 60605

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    For Lease
    $3,000 /Mo

    2 bed + den apartment in the heart of South Loop.

    Property Features for 1345 S Wabash Ave

    General Information

    Interior features
    1, : "Forced Air", "2": "Central Air", "3": "Natural Gas", "4": "Indv Controls", "5": "Range", "6": "Microwave", "7": "Dishwasher", "8": "Refrigerator", "9": "Disposal", "10": "Stainless Steel Appliance(s)"

    Building Details

    Year built
    2014

    Source: @properties Christie's International Real Estate Agent Stephanie Kuang

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    South Loop Corner Unit Apartment

    This corner unit apartment, located in the South Loop, features two bedrooms plus a den and two bathrooms. The residence includes concrete ceilings and large wrap-around windows that provide ample natural light. The kitchen is equipped with Florense cabinets, quartz counters, Grohe fixtures, and stainless steel appliances. An open living area extends to a private balcony. The property is located near Trader Joe's, Jewel, Target, Starbucks, Grant Park, the lakefront, and various restaurants. It also offers convenient access to Lake Shore Drive and expressways. Garage parking is available for an additional cost. Lease terms are for 16-18 months. Credit score of 680+ required, and income must be 3 times the monthly rent.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    1345 S Wabash Condominium Complex BRANDTS BUILD Construction Company Sandy Noto Photography Photographer Serenity housing solutions Property Management Company

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6252678
    Latitude
    41.8643783

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    FAQs

    What type of property is this?
    Apartment building - 2 bed + den apartment in the heart of South Loop.
    Where is this apartment building located?
    The property is located at 1345 S Wabash Ave, Unit 503 Chicago, IL.
    What are key features of this property?
    This property features: - Prime South Loop location: Steps from Trader Joe's, Jewel, Target, Starbucks, Grant Park, and the lakefront.; - Stylish 2 bed + den, 2 bath corner unit with concrete ceilings and large wrap-around windows providing abundant natural light.; - Sleek kitchen featuring Florense cabinets, quartz counters, Grohe fixtures, and stainless steel appliances.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1345 S Wabash Ave, Unit 503 Chicago, IL 60605
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