$825,000
50 E 16th Street #1405
Chicago, IL, 60616
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.
Property Details
Price:
$825,000
MLS #:
MRD12319585
Status:
Active
Beds:
3
Baths:
2
Address:
50 E 16th Street #1405
Type:
Condo
Neighborhood:
CHI – Near South Side
City:
Chicago
Listed Date:
Apr 24, 2025
State:
IL
ZIP:
60616
Year Built:
2008
Schools
School District:
299
Elementary School:
South Loop Elementary School
Middle School:
South Loop Elementary School
High School:
Phillips Academy High School
Interior
Appliances
Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Range Hood
Bathrooms
2 Full Bathrooms
Cooling
Central Air
Flooring
Hardwood
Heating
Electric, Forced Air
Laundry Features
Washer Hookup, In Unit
Exterior
Association Amenities
Door Person, Elevator(s), Exercise Room, Storage, On Site Manager/ Engineer, Sundeck, Receiving Room, Valet/ Cleaner
Community Features
Park
Construction Materials
Steel Siding, Glass, Concrete
Parking Features
Concrete, Garage Door Opener, Heated Garage, Tandem, On Site, Deeded, Attached, Garage
Parking Spots
2
Roof
Other
Financial
HOA Fee
$1,150
HOA Frequency
Monthly
HOA Includes
Heat, Air Conditioning, Water, Gas, Parking, Insurance, Security, Doorman, TV/Cable, Exercise Facilities, Exterior Maintenance, Scavenger, Snow Removal, Internet
Tax Year
2023
Taxes
$10,941
Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.
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50 E 16th Street #1405
Chicago, IL
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