5 N Wabash
The Loop
About the Building
Located at 5 N. Wabash, this vintage high-rise condo building in Chicago's downtown Loop offers spacious units, quality construction and all the amenities you need to live in comfort. This elevator building was first unveiled in 1931 and hosts 90 different units. With Millennium Park and the Art Institute of Chicago just blocks away, best thing about this location is that you can walk to just about anywhere you want to go.
The building at 5 N. Wabash offers units with a number of different layouts. The various floorplans include anywhere from 1 to 3 bedrooms. Typically, the living rooms are 266 square feet, providing plenty of space to host a Super Bowl party or your child's sleep-over. Although, with second bedrooms being 100 square feet on average, your kids and their little buddies will have enough space to camp out on the floor in their own room if they want. And if you're fretting about whether or not your four-legged friend will be allowed to come along you’ll have one less thing to worry about, because this place allows pets.
In addition to the tangible characteristics of the units and regulations of the building, you'd probably like to know about the less obvious nuts and bolts behind the façade, right? More specifically, how much you should anticipate paying in monthly assessments. Well, the most recent research from homeowners in this sought-after dwelling shows that the average assessments cost $245 per month. And just to help you get a better idea of how real estate in this building is faring these days, we've compiled the latest data on the purchase history and current conditions for N. Wabash.
From the time it is listed to the time it sells, the standard time a unit in this building stays on the market is 40 days. Just to give you a ballpark figure on the typical price for a place here, a 1-bedroom most recently sold for $224,900 around 12/05/2006, and the price per square foot is $221.