Nearly 1700 Square Feet for Just $425,000 in the South Loop: 1307 S. Wabash

1307 s wabash

This top floor 2-bedroom in the Film Exchange Lofts at 1307 S. Wabash in the South Loop came on the market in September 2015.

It has west facing exposures with a balcony and vaulted ceilings

Although it is a loft building, it doesn’t have any of the features of authentic lofts. There is no exposed bricks, beams or columns.

It does have exposed duct work, however.

It has diagonal hardwood floors and a laundry room with a full-sized washer/dryer.

The kitchen has stainless steel appliances and granite counter tops with a breakfast bar.

The unit has central air and garage parking is available for $25,000 extra.

It has 1690 square feet, which is bigger than most 3-bedrooms.

With the parking included, this unit is listed at just $425,000.

Is this one of the better deals, for the square footage, in the GreenZone?

Susan Dickman at Berkshire Hathaway KoenigRubloff has the listing. See the pictures here.

You can also see it in person at the Open House this Sunday, December 13, from 10 am to 12 pm.

Unit #707: 2 bedrooms, 2 baths, 1690 square feet

  • Sold in August 2002 for $340,000 (included the parking)
  • Originally listed in September 2015 for $395,000 (parking is $25,000 extra)
  • Still listed at $395,000 (with parking $25,000 extra)
  • Assessments of $717 a month (includes cable, exterior maintenance, scavenger, snow removal)
  • Taxes of $6329
  • Central Air
  • Full size washer/dryer
  • Bedroom #1: 15×15
  • Bedroom #2: 14×14
  • Laundry room: 7×3

5 Responses to “Nearly 1700 Square Feet for Just $425,000 in the South Loop: 1307 S. Wabash”

  1. That’s some big duct!

    btw, what’s with the roman numerals now in the captcha.

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  2. I prefer this listing, minus the mirrors everywhere. Nice courtyard, patio and assessments are less.

    http://www.zillow.com/homedetails/801-S-Plymouth-Ct-UNIT-F-Chicago-IL-60605/3872583_zpid/

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  3. Wow, what a weird space. The huge ducts and zero ceiling lighting (other than some ug track lighting) shows the developer’s terrible design choices. That alone is enough to scare me off. and 1700 sq feet and a kitchen smaller than the master bath? Weird unit, weird layout. Not surprised there’s been so little price appreciation in 13 years.

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  4. Stephen: That listing at 801 S Plymouth is a townhouse. It’s simply on top of the base of that building.

    By the way, they just withdrew it from the market. A lot of people who aren’t selling are withdrawing. We’ll probably see most of these properties come back on in 6 to 8 weeks.

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  5. Went pending, tehn reactivated. Now listed for $390k + $40k for parking.

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