5 N Wabash Avenue #1705, Chicago IL 60602
$199,900

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Property Description

Top-floor 1-bedroom, 1-bath loft featuring impressive 12-foot ceilings and a bright, open floor plan. The space highlights hardwood floors, granite countertops, and maple kitchen cabinetry. Complete with convenient in-unit laundry hookups and a dedicated 6x9 private storage room located just down the hallway. Located a block west of Millennium Park & Michigan Ave. This property is eligible under the Freddie Mac First Look Initiative through 12/06/2026. Only owner occupant, non-profit and Neighborhood Stabilization Program (NSP)offers will be reviewed and considered during First Look. Seller will not complete any repairs to the subject property, either lender or buyer requested. The property is sold in AS IS condition!

Features & Information

Key Details

  • List Price $199,900
  • Property Taxes $5,018
  • Assessments/HOA $879
  • Assessments/HOA frequency Monthly
  • Assessments/HOA Fee Includes Heat, Air Conditioning, Water, Insurance, TV/Cable, Scavenger, Snow Removal
  • Square Feet 0
  • Year Built 1931
  • Listing Market Time 1
  • Status New

Rooms

  • Total Rooms 4
  • Number of Bedrooms 1
  • Number of Bathrooms 1
  • Primary Bedroom

  • Room Size 11X16
  • Floor Level Main
  • Primary Bathroom None
  • Living Room

  • Room Size 15X16
  • Floor Level Main
  • Flooring Hardwood
  • Dining Room

  • Room Size COMBO
  • Floor Level Main
  • Kitchen

  • Room Size 10X09
  • Floor Level Main
  • Flooring Hardwood

Interior Features

  • Heating & Cooling

  • Heating Type Gas, Forced Air
  • Air Conditioning Central Air

Exterior Features

  • Parking

  • # of Cars 0

Building Information

  • Number of Units 90
  • Age of Building 91-100 Years
  • Pets

  • Pets Allowed? Cats OK, Dogs OK, Number Limit

Location

  • County Cook
  • Township North Chicago
  • Corporate Limits Chicago
  • Directions to Property Building Located On The N.e. Corner Of Wabash Ave And Madison St.
  • Schools

  • Elementary School District 299
  • Junior High District 299
  • High School District 299
  • Property Taxes

  • Tax 5018.07
  • Tax Year 2025
  • Tax Exemptions None
  • Parcel Identification Number 17103120151089

Listed by Julian Taylor for O'Donnell Partners | Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 11/8/2026 3:02 PM. 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 Loop

As Chicago's hub for finance, transportation, government, retail, tourism and culture, the Loop is the city center and the point from which all other destinations in Chicago are measured. The city's most recognizable landmark (the Sears Tower) is located in this section of town, as is the Art Institute of Chicago and the Chicago Board of Trade. Despite its density and towering skyscrapers, Loop residents have plenty of open air and outdoor space at Millennium Park. Occupying a nearly 25-acre plot of land, the park is a great spot to stroll through gardens, have a picnic on the grass, see live concerts and enjoy a breathtaking view of the city skyline. Heading back into the midst of high-rises and busy avenues, the Loop boasts the best theater district and the second best shopping scene (it's hard to beat the Magnificent Mile) in Chicago. The dining options are nothing to scoff at either with coffee shops and delis on almost every corner and an impressive roster of acclaimed restaurants to its name. The Loop is where the energy of downtown excitement merges with the spirit of urban living. Not just a commuter spot for Chicago workers anymore, the Loop is a bona fide residential neighborhood with thousands of condos and lofts mixed in among the office buildings and hotels.

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