51 E 16th St #511
Chicago, IL 60616
South Loop- 2 Beds
- 2 Baths
- 1,136 sqft
2 Beds
2 Baths
1,136 sqft
Local Information
-- mins to
Description
We're moving out early and need to fulfill the remainder of our lease, so our apartment is available for 3 months starting February 1st until April 30th, and then the lease would need to be renewed. We live in a beautiful new building with a doorman, package lockers, gym, massive terraces on the 3rd floor and rooftop, friendly and quiet neighbors. It's a great spot.
You will have to complete an application for the building to approve you, but that shouldn't be a problem if you're a normal human person.
Here are some additional perks:
- No security deposit
- The place is a lovely 1136 sq ft
- Master bedroom has a walk in closet with Elfa system and a big ass bathroom
- Second bedroom has a bathroom adjacent
- Large kitchen with a ton of storage
- Laundry in unit. Dishwasher. Central air. *chef's kiss*
- South and west exposure, floor-to-ceiling windows that keep the apartment *filled* with light until sundown
- Easy access to the Roosevelt red/green/orange lines
- A few blocks from a Mariano's, Jewel, and a brisk walk from Whole Foods
- Internet, gas, and electric are all included in the total rent price. You should bring your own router though.
- So much closet space you won't know what to do with it.
- Parking garage in the building (costs extra)
- Pets also okay but the building requires extra payment for that so that can be discussed
We're asking for $2400/month for the first 3 months, which includes utilities and all that. Regular rent is around $3500/month but we got a bunch of deals that cut down the monthly payment a ton, so when you renew the lease on May 1st those deals may need to be renegotiated with building management to keep the cost closer to the current price.
We will pay your utility package February - April
You will have to complete an application for the building to approve you, but that shouldn't be a problem if you're a normal human person.
Here are some additional perks:
- No security deposit
- The place is a lovely 1136 sq ft
- Master bedroom has a walk in closet with Elfa system and a big ass bathroom
- Second bedroom has a bathroom adjacent
- Large kitchen with a ton of storage
- Laundry in unit. Dishwasher. Central air. *chef's kiss*
- South and west exposure, floor-to-ceiling windows that keep the apartment *filled* with light until sundown
- Easy access to the Roosevelt red/green/orange lines
- A few blocks from a Mariano's, Jewel, and a brisk walk from Whole Foods
- Internet, gas, and electric are all included in the total rent price. You should bring your own router though.
- So much closet space you won't know what to do with it.
- Parking garage in the building (costs extra)
- Pets also okay but the building requires extra payment for that so that can be discussed
We're asking for $2400/month for the first 3 months, which includes utilities and all that. Regular rent is around $3500/month but we got a bunch of deals that cut down the monthly payment a ton, so when you renew the lease on May 1st those deals may need to be renegotiated with building management to keep the cost closer to the current price.
We will pay your utility package February - April
51 E 16th St #511, Chicago, IL 60616 is a 2 bedroom, 2 bathroom, 1,136 sqft apartment in South Loop. More recently, it was listed as a rental in January 2021 with an asking price of $2,400 per month. That rental listing was removed on January 24, 2021. It is currently off market. The Trulia Estimate rent is $2,649/month.
Home Highlights
Parking
None
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
Less than a day ago
Home Details for 51 E 16th St #511
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Heating & Cooling Heating: Forced AirCooling System: OtherHeating Fuel: Forced Air |
Appliances & Utilities DryerWasher |
Levels, Entrance, & Accessibility Floors: Hardwood |
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Property Type / Style Property Type: Apartment |
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Parking & Garage Parking: None |
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Community rooms Fitness Center |
Price History for 51 E 16th St #511
| Date | Price | Event | Source |
|---|---|---|---|
| 01/24/2021 | ListingRemoved | Zillow Rental Manager | |
| 01/19/2021 | $2,400 | Listed For Rent | Zillow Rental Manager |
Market trends in South Loop
Last updated May 2026
Avg. sale price
$390K
$18.33KMoM
Sale-to-List Price
100.0%
0.4%MoM
Price per sq ft
$356
$19MoM
Available listings
223
9MoM
Comparable Sales for 51 E 16th St #511
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.37 | Apartment | $32,500 | 03/09/26 | 2 | 2 | 1,200 | |
0.20 | Apartment | $220,000 | 11/03/25 | 1 | 1.5 | 1,150 | |
0.43 | Apartment | $2,750 | 08/08/25 | 2 | 2 | 1,191 | |
0.11 | Apartment | $243,000 | 07/21/25 | 1 | 1 | 834 | |
0.11 | Apartment | $250,000 | 03/20/26 | 1 | 1 | 722 | |
0.14 | Apartment | $227,960 | 06/15/26 | 1 | 1 | 755 | |
0.44 | Apartment | $2,350 | 12/27/25 | 1 | 2 | 1,000 | |
0.68 | Apartment | $7,200 | 07/18/25 | 2 | 2 | 1,294 | |
0.66 | Apartment | $231,500 | 11/03/25 | 2 | 3 | 1,400 | |
0.84 | Apartment | $283,000 | 12/05/25 | 3 | 1.5 | 1,000 |
Home facts updated by county records
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 51 E 16th St #511.
What Locals Say about South Loop
At least 491 Trulia users voted on each feature.
93 % Say there are sidewalks
92 % Say it's dog friendly
85 % Say it's walkable to restaurants
80 % Say it's walkable to grocery stores
79 % Say streets are well-lit
65 % Say there's holiday spirit
56 % Say kids play outside
56 % Say people would walk alone at night
55 % Say they plan to stay for at least 5 years
50 % Say neighbors are friendly
49 % Say parking is easy
43 % Say car is needed
42 % Say it's quiet
39 % Say there are community events
37 % Say yards are well-kept
22 % Say there's wildlife
Sourced by Trulia users. Learn more about our methodology.
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