1616 S Indiana Avenue #B3
Chicago, IL, 60616
$500,000
2 Beds
2 Baths
0 SqFt
0 Acres
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$500,000
1616 S Indiana Avenue #B3
Chicago, IL, 60616
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Situated in the heart of the South Loop along iconic Indiana Avenue, this sprawling 2-bedroom, 2-bathroom duplex condo offers the perfect blend of space, updates, and outdoor living. Enjoy both a private front patio on the main level and a secluded terrace off the primary bedroom suite-ideal for relaxing, entertaining, or gardening. The primary bedroom is conveniently located on the main level, featuring an en-suite bath and a spacious walk-in closet. The second bedroom is located on the lower level and includes a built-in Murphy bed and large walk-in closet, making it a perfect flexible space for use as a guest room, home office, or both. Inside, the home boasts newly refinished hardwood floors throughout (2025), brand-new carpet on the stairs (2025), and fresh paint. The kitchen has been upgraded with all-new appliances (2025), and there is a new front-loading LG washer and dryer (2025). Major mechanicals have been well maintained, including a new furnace (2021) and AC condenser (2023). Building improvements include a new roof (2017) and exterior brick sealing (2023). This well-managed, primarily owner-occupied community offers no rental cap, strong reserves, and no planned special assessments. One large attached garage parking space is included. All of this in an unbeatable South Loop location-just steps to Jewel grocery, public transportation (train + bus), award-winning restaurants, shopping, the lakefront, bike trails, dog parks, museums, farmers markets, and more.

Property Details

Price:
$500,000
MLS #:
MRD12507166
Status:
Active Under Contract
Beds:
2
Baths:
2
Type:
Condo
Neighborhood:
chinearsouthside
Listed Date:
Oct 30, 2025
Year Built:
1996
Parking TotalChi – Near South SideChinearsouthside

Schools

School District:
299

Interior

Appliances
Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Humidifier
Bathrooms
2 Full Bathrooms
Cooling
Central Air
Fireplaces Total
1
Flooring
Hardwood
Heating
Natural Gas, Forced Air
Laundry Features
Washer Hookup, Gas Dryer Hookup, In Unit, Laundry Closet

Exterior

Construction Materials
Brick
Parking Features
Garage Door Opener, Yes, Garage Owned, Attached, Garage
Parking Spots
1

Financial

HOA Fee
$391
HOA Frequency
Monthly
HOA Includes
Water, Insurance, Scavenger, Snow Removal
Tax Year
2023
Taxes
$8,255
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Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.

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Current real estate data for Condo in Chicago as of Dec 13, 2025
2,726
Condo Listed
82
Avg DOM
365
Avg $ / SqFt
$619,973
Avg List Price

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Property Summary

    1616 S Indiana Avenue #B3 Chicago IL is a Condo for sale in Chicago, IL, 60616. It is listed for $500,000 and features 2 beds, 2 baths, and has approximately 0 square feet of living space, and was originally constructed in 1996. The average price per square foot for Condo listings in Chicago is $365. The average listing price for Condo in Chicago is $619,973. To schedule a showing of MLS#mrd12507166 at 1616 S Indiana Avenue #B3 in Chicago, IL, contact your Compass / The Debra Dobbs Group agent at 3123074909.
1616 S Indiana Avenue #B3
Chicago, IL