50 East 16th #1405, Chicago IL 60616
- Bedrooms 3
- Bathrooms 2
- Taxes $10,940.50
- HOA $1,150
- Payment Estimate View Mortgage Calculator
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Property Description
Experience luxury living at its finest in this exquisite 3 bedroom, 2 bath penthouse, offering sweeping panoramic views of the lake and skyline. Perfectly designed for both relaxation and entertaining, this home boasts a sprawling 15 x 45 foot private rooftop terrace -- an ideal outdoor space for gatherings, dining, or simply enjoying the breathtaking views of the city. The open floor plan seamlessly connects the expansive living room, separate dining area, and gourmet kitchen. The kitchen features sleek quartz countertops with waterfall edge, stainless steel appliances, and a range hood, plus a convenient eat-in counter with additional seating making it the heart of the home. Bedroom off the living area offers versatility with a murphy bed, perfect for guests, or an office space. The spacious primary bedroom features a generously sized en-suite bathroom with double vanity, separate tub and shower, and abundant storage. A third bedroom is located off the main hallway in addition to the secondary full bathroom. For added convenience, a full size stackable washer/dryer is included in the unit, along with a separate storage unit. This full-amenity building offers everything you need, including an exercise room, door staff, and elevator service. The location couldn't be more ideal-close to dog parks, shopping, restaurants, Grant Park, Museum Park, museums, the lake, and public transit. A 2-car tandem parking space is available for an additional $45K.
Features & Information
Key Details
- List Price $799,999
- Property Taxes 10940.50
- Unit Floor Level 14
- Square Feet 0
- Price/ Sq. Ft. Unavailable
- Year Built 2008
- Parking Type Garage
- Status Active
Rooms
- Total Rooms 6
-
Master Bedroom
- Master Bath F
- Room Size 16X14
-
Bedroom 2
- Room Size 14X12
- Floor Level Main Level
-
Bedroom 3
- Room Size 12X10
- Floor Level Main Level
-
Living Room
- Room Size 27X16
- Floor Level Main Level
-
Dining Room
- Room Size COMBO
- Floor Level Main Level
-
Kitchen
- Room Size 13X13
- Kitchen Type Eating Area-Breakfast Bar,Island
- Floor Level Main Level
Additional Rooms
Interior Features
-
Appliances
- Appliances Included Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, All Stainless Steel Kitchen Appliances, Range Hood
-
Heating & Cooling
- Heating Type Electric, Forced Air
Exterior Features
-
Parking
- Parking Garage
- # of Cars 2
- Garage Features Transmitter(s),Heated,Tandem
Building Information
- Number of Units 176
- Age of Building 16-20 Years
- Exterior Construction Steel Siding,Glass,Concrete
- Common Area Amenities Door Person, Elevator, Exercise Room, Storage, On Site Manager/Engineer, Sundeck, Receiving Room, Valet/Cleaner
- Exposure N (North),S (South),E (East),City,Lake/Water
-
Pets
- Pets Allowed? Y
- Pet Types Cats OK,Dogs OK,Pet Count Limitation
Location
- County Cook
- Township South Chicago
- Corporate Limits Chicago
- Directions to Property Roosevelt To Michigan Ave. South To 16th. West To Property.
-
Schools
- Elementary School District 299
- School Name South Loop Elementary Sch
- Junior High District 299
- School Name South Loop Elementary Sch
- High School District 299
- School Name Phillips Academy High Sch
-
Property Taxes
- Tax 10940.50
- Tax Year 2023
- Tax Exemptions None
- Parcel Identification Number 17221070701170
Utilities
- Sewer Sewer-Publ
Listed by Andrew Castillon for Compass | Source: MRED as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 9/2/2025 3:02 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Explore South Loop
A dynamic mix of history and innovation, Chicago’s South Loop neighborhood has flourished from a once booming commercial sector into one of the city’s hottest residential areas. Much of the area’s eastern edge encompassed by the Museum Campus, home to an impressive collection of cultural institutions including the Field Museum, Shedd Aquarium, and Adler Planetarium. Sitting along the scenic lakefront, the parkland area located around the Campus is an extension of another one of the South Loop’s amazing spaces—Grant Park. Known as “Chicago’s front yard” locally, Grant Park boasts 319 acres of green space and is host to many of the city’s festivals such as the Taste of Chicago, Chicago Blues Fest, and Lollapalooza. Perfect for nature lovers and avid sports fans alike, the South Loop is also home to Northerly Island and Soldier Field. The South Loop offers a variety of dining and entertainment options, and is the location of notable Chicago restaurants including Acadia, Niu B Sushi, Eleven City Diner, and so much more.
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