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1550 S Indiana Ave Apt 405
Condo
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$249,800

$329/sqft

1550 S Indiana Ave Apt 405, Chicago

79% below median
1 bd·1 ba·760 sqft
Built 1998Near South Side

1550 S Indiana Ave Apt 405, Chicago, IL

1 bd · 1 ba · 760 sqft Condo listed at $249,800, built in 1998 in the Near South Side neighborhood.

About this home

South Loop Timber Loft 1 Bedroom 1 Bath. 16" Ft Ceilings with exposed brick & heavy timber, granite countertops, island, 42" cabinets, track lighting, hardwood floors, central air, gas fireplace, spacious balcony, views of lake, in unit washer and dryer, Easy access to Lake Shore Drive & CTA. Walk to lake, park, soldier field, museums, shopping and restaurants. Direct TV INCLUDED!

Property details

Price
$249,800
Bedrooms
1
Bathrooms
1
Interior
760 sqft
Price / sqft
$329
Year built
1998
Type
Condo
Days on market
75
Est. property tax
$5,196/yr · $433/mo · 2.08% IL avg
HOA
$368/mo
Last sold
$103,000 · Jul 1998

Estimated monthly payment

Down payment20% ($49,960)
Interest rate6.75%
Principal & Interest$1,296
Property Tax$229
Insurance$150
Total$1,675/mo

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Price history

5.7%Most recent change on 2026-03-11: $264,800$249,800.

$291K$133K$-25K$103K on Jul 98 (Sold)$2K on Sep 20 (Price change)$2K on Sep 20 (Price change)$2K on Jul 22 (Price change)$2K on Aug 22 (Price change)$265K on Feb 26 (Initial list)$250K on Mar 26 (Price change)
$103K · Jul 98$250K · Mar 26
  1. Mar 11, 2026$249,800Price change
  2. Feb 9, 2026$264,800Initial list price
  3. Aug 24, 2022$1,650Price change
  4. Jul 22, 2022$1,650Price change
  5. Sep 10, 2020$1,500Price change
  6. Sep 1, 2020$1,500Price change
  7. Jul 10, 1998$103,000Sold

Location

This home is located in Chicago, IL. Browse more Chicago listings on the Chicago market page or explore the full Chicago market report.

About Chicago: Chicago is the most populous city in the U.S. state of Illinois and in the Midwestern United States. Located on the western shore of Lake Michigan, it is the third-most populous city in the United States, with a population of 2.74 million at the 2020 census. The Chicago metropolitan area has 9.41 million residents and is the third-largest metropolitan area in the country. Chicago is the seat of Cook County, the second-most populous county in the U.S. (source: Wikipedia)

Climate: Average year-round temperature is 51°F with 211 dry days per year and 39.9 inches of annual rainfall.

Home Intelligence

Neighborhood (zip 60605)

Median age is 32.9; 35% hold a bachelor's degree; 43% of homes are owner-occupied; median household income is $116,462.

Median income
$116,462
Median age
32.9
Owner-occupied
42.7%
Bachelor's degree
35.2%
Census median home value
$480,000

Source: US Census Bureau American Community Survey 5-year estimates.

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