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Updated 7 hours ago

1516 S Wabash Ave


Chicago, IL

1 Bed
•
1 Bath

800 Sq. Ft.

Available starting Jun. 1st
Floor plans
1 Bed • 1 Bath
$2,250
800 ft2
1 Available
Managed By: Leasing Team
Updated about 7 hours ago

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***SOUTH LOOP / INDOOR HEATED GARAGE SPACE / 1 BDRM - 1 BTH / LAUNDRY IN UNIT / PRIVATE BALCONY***
$2,250
Available Jun 1st, 2024
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Where you'll live
Street View
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1516 S Wabash Ave
1516 S Wabash Ave
1516 S Wabash Ave
Location ratings
Walk Score®
93
Walker's Paradise
Transit Score®
81
Excellent Transit
Bike Score®
92
Biker's Paradise
Amenities
On-site Laundry
Air Conditioning
Fitness Center
Storage
Refrigerator
Cable Included
Dishwasher
Microwave
Fees & leasing info
Pets
Dogs Ok
Cats Ok
Property details
Additional Details
Total Unit Count: 1
Last Updated: Updated 7 hours ago
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Photos Floor Plans Amenities
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Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for 1516 S Wabash Ave by bedroom type below.
1 Bedroom
Suggested income:
$81,000
per year
Rent report

1516 S Wabash Ave Rent vs. Chicago Average

 1516 S Wabash Ave      Chicago Average
1BR
$2,250
$1,978
$0
$750
$1,500
$2,250
$3,000

1516 S Wabash Ave is asking 14% more than the average 1 bedroom apartment in Chicago.

If you upsized to an average priced Chicago 2 bedroom apartment, you would pay 21% more per month.

If you downsized to an average priced Chicago studio apartment, you would pay 28% less per month.

1516 S Wabash Ave provides 15% more square footage than the average Chicago 1 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
1516 S Wabash Ave
1BR $2,250 $2.80 $6,750
Chicago Average
Studio $1,541 $3.30 $4,624
1BR $1,978 $2.80 $5,933
2BR $2,497 $2.50 $7,492
3BR $3,314 $2.40 $9,941
4BR $3,782 $2.10 $11,345

Availability in Chicago

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 4,697 1BR units on the market in Chicago. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
20% 35% 31% 11% 2%
Available Units in Chicago
Studio 2,682
1BR 4,697
2BR 4,094
3BR 1,488
4BR 307
Location
Nearby Colleges

Columbia College-Chicago

Roosevelt University

Robert Morris University Chicago

National Louis University

School of the Art Institute of Chicago

Campus Buildings and Attractions
Distance Walking Biking Driving
(Future) Student Center 0.7 mi 17 min 4 min 1 min
Columbia College Library 0.9 mi 18 min 6 min 2 min
Fitness Center 0.9 mi 18 min 5 min 2 min
Harold Washington Library Center 1.1 mi 23 min 6 min 2 min
Student Center East 1.9 mi 38 min 11 min 3 min
Nearby Hospitals
Name Distance
Mercy Hospital And Medical Center 1.05 mi.
Northwestern Memorial Hospital 2.29 mi.
University Of Illinois Hospital 2.35 mi.
Nearby Fire Stations
Name Distance
Washington Fire Department 1.48 mi.
Washington Township Volunteer Fire Department 1.48 mi.
East Chicago Fire Department 1.71 mi.
FAQs
Is this property currently leasing units?
Yes, there is 1 unit available at this property.
How many units are move-in ready in the next 2 months?
This property has 1 unit available for move-in on June 01, 2024.
What's the square footage of the available units?
It's 800 square feet.
Does this property allow cats or dogs?
This property allows tenants to keep cats and dogs.
How many bedrooms are in the available units?
There are 1 bedroom units available.
How many bathrooms are in the available units?
There are 1 bathroom units available.
What's the monthly rent at this property?
1516 S Wabash Ave has a 1 bedroom unit starting at $2,250.
Where is this property located?
This property is at 1516 S Wabash Ave in Chicago, IL. It's 6.2 miles south from the center of Chicago.
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