71 E 16th St #3
Chicago, IL 60616
South Loop- 2 Beds
- 2 Baths
- 1,600 sqft
2 Beds
2 Baths
1,600 sqft
Home Value
Trulia Estimate
$432KSince last month
Decreased$2K (-0.6%)Since last year
Increased$19K (+4.6%)Since last sale
Increased$35K (+8.7%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +4% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $432K |
| July 2026 | $434K |
| June 2026 | $441K |
| May 2026 | $439K |
| April 2026 | $435K |
| March 2026 | $430K |
| February 2026 | $420K |
| January 2026 | $428K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.06 | Condo | $370,000 | 07/27/26 | 2 | 2 | 1,410 | |
0.09 | Condo | $402,500 | 07/16/26 | 2 | 2 | 1,267 | |
0.07 | Condo | $465,000 | 04/09/26 | 2 | 2 | 1,425 | |
0.07 | Condo | $420,000 | 05/18/26 | 2 | 2 | 1,200 | |
0.09 | Condo | $391,000 | 03/18/26 | 2 | 2 | 1,200 | |
0.08 | Condo | $510,000 | 04/21/26 | 2 | 2 | 1,750 | |
0.08 | Condo | $510,000 | 08/27/25 | 2 | 2 | 1,750 | |
0.14 | Condo | $398,000 | 03/20/26 | 2 | 2 | 1,400 | |
0.10 | Condo | $381,000 | 02/27/26 | 2 | 2 | 1,250 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.01 | $467,400 | 2 | 2 | 1,520 | Off Market | |
0.05 | $330,000 | 2 | 1 | 1,245 | Recently Sold | |
0.02 | $313,700 | 2 | 1 | 749 | Off Market | |
0.02 | $350,000 | 2 | 2 | - | For Sale | |
0.02 | $262,500 | 1 | 1 | - | Off Market | |
0.02 | $340,800 | 2 | 1 | 935 | Off Market | |
0.02 | $360,000 | 2 | 2 | 1,022 | Recently Sold | |
0.02 | $254,300 | 1 | 1 | 680 | Off Market | |
0.02 | $323,900 | 2 | 1 | 900 | Off Market | |
0.02 | $356,900 | 2 | 2 | 1,050 | Off Market | |
0.02 | $349,000 | 2 | 2 | 1,050 | Off Market |
Local Information
-- mins to
Home Highlights
Property Type
Condo
Year Built
2002
Living Area
1,600 sqft
Price/Sqft
$270
Parking
1 Parking Spaces
HOA
$276/Monthly
About this House
If you're in search of ample space and modern comforts, look no further than this impressive two-bedroom residence nestled in the vibrant South Loop. Boasting a sprawling 1600 square feet of living space, this home offers a rare blend of size and sophistication. Step inside to discover a bright and airy open concept layout, featuring gleaming hardwood floors that flow seamlessly throughout the living areas. Perfect for hosting gatherings or simply unwinding after a long day, the expansive living room provides plenty of room to relax and entertain in style. The oversized bedroom boasts a generous walk-in closet, providing ample storage for your wardrobe essentials. Pamper yourself in the attached ensuite bathroom, featuring dual sinks, a soaking tub, and a separate shower. With low monthly assessments and parking included in the price, this home offers unbeatable value. Enjoy the convenience of city living with easy access to renowned shopping destinations such as Michigan Avenue, as well as a plethora of dining options, grocery stores including Mariano's, Trader Joe's, and Target, and vibrant nightlife spots just steps from your doorstep. Don't miss out on the opportunity to experience the best of urban living in the South Loop. Schedule your showing today and make this stunning residence your own! Agent owned property. Investor friendly.
71 E 16th St #3, Chicago, IL 60616 is a 2 bedroom, 2 bathroom, 1,600 sqft condo in South Loop, built in 2002. It last sold for $397,000 on Jul 31, 2024 (2% below the $405,000 asking price). It is currently off market. The Trulia Estimate is $432,200, with a rent estimate of $3,689/month.
Last check for updates: about 5 hours ago
Listed by Rachel Kane, (708) 359-1630
Berkshire Hathaway HomeServices Chicago
Bought with: Hilary Kaden, (773) 822-4032, @properties Christie's International Real Estate
Source: MRED as distributed by MLS GRID, MLS#12066721

Home Details for 71 E 16th St #3
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MLS Status: Closed |
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Interior Details Basement: NoneNumber of Rooms: 5Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Dining Room, Family Room, Kitchen, Laundry, Living Room |
Beds & Baths Number of Bedrooms: 2Number of Bathrooms: 2Number of Bathrooms (full): 2 |
Dimensions and Layout Living Area: 1600 Square Feet |
Appliances & Utilities Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, DryerDishwasherDryerLaundry: Washer Hookup,In UnitMicrowaveRefrigeratorWasher |
Heating & Cooling Heating: Natural Gas,Forced AirHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Natural Gas |
Fireplace & Spa Number of Fireplaces: 1Fireplace: Gas Log, Gas Starter, Living RoomHas a FireplaceNo Spa |
Windows, Doors, Floors & Walls Flooring: Hardwood |
Levels, Entrance, & Accessibility Number of Stories: 4Accessibility: No Disability AccessFloors: Hardwood |
View No View |
Security Security: Carbon Monoxide Detector(s) |
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Parking & Garage No Attached GarageParking Spaces: 1Parking: Assigned,On Site,Owned |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
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Year Built Year Built: 2002 |
Property Type / Style Property Type: ResidentialProperty Subtype: Condominium, Single Family Residence |
Building Construction Materials: BrickNot a New Construction |
Property Information Parcel Number: 17223010591003 |
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Price List Price: $405,000 |
Status Change & Dates Off Market Date: Tue Jun 11 2024Possession Timing: Close Of Escrow |
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Direction & Address City: Chicago |
School Information Elementary School District: 299Jr High / Middle School District: 299High School District: 299 |
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HOA Fee Includes: Water, Insurance, ScavengerHas an HOAHOA Fee: $276/Monthly |
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Special Conditions: None |
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Listing Terms: Conventional |
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Business Information Ownership: Condo |
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Mls Number: 12066721 |
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Source Internet Automated Valuation DisplaySource Internet Consumer CommentSource Internet Entire Listing DisplaySource Internet Address DisplayMRD REMARKSINTERNET: Yes |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jul 31, 2024 Source: MRED as distributed by MLS GRID #12066721 | Sold | $397,000 |
Jul 23, 2024 Source: MRED as distributed by MLS GRID #12066721 | Pending | $405,000 |
Jun 11, 2024 Source: MRED as distributed by MLS GRID #12066721 | Contingent | $405,000 |
Jun 9, 2024 Source: MRED as distributed by MLS GRID #12066721 | PriceChange | $405,000 Price decreased by 2% |
May 27, 2024 Source: MRED as distributed by MLS GRID #12066721 | PriceChange | $415,000 Price decreased by 1% |
Apr 28, 2024 Source: MRED as distributed by MLS GRID #12006335 | PriceChange | $419,000 Price decreased by 1% |
Apr 3, 2024 Source: MRED as distributed by MLS GRID #12006335 | Listed For Sale | $425,000 |
Jan 9, 2023 Source: N/A | Sold | $370,000 |
Nov 15, 2022 Source: MRED as distributed by MLS GRID #11641820 | Pending | $374,999 |
Oct 17, 2022 Source: MRED as distributed by MLS GRID #11641820 | Contingent | $374,999 |
Sep 30, 2022 Source: MRED as distributed by MLS GRID #11641820 | Listed For Sale | $374,999 |
Sep 29, 2022 Source: MRED as distributed by MLS GRID #11629982 | ListingRemoved | |
Sep 15, 2022 Source: MRED as distributed by MLS GRID #11629982 | Listed For Sale | $399,990 |
Sep 14, 2022 Source: MRED as distributed by MLS GRID #11612044 | ListingRemoved | |
Aug 24, 2022 Source: MRED as distributed by MLS GRID #11612044 | Listed For Sale | $399,990 |
Aug 24, 2022 Source: MRED as distributed by MLS GRID #11607378 | ListingRemoved | |
Aug 18, 2022 Source: MRED as distributed by MLS GRID #11607378 | Listed For Sale | $420,000 |
Aug 17, 2022 Source: MRED as distributed by MLS GRID #11479429 | ListingRemoved | |
Aug 6, 2022 Source: MRED as distributed by MLS GRID #11479429 | Listed For Sale | $425,000 |
Jun 5, 2007 Source: N/A | Sold | $359,000 |
Sep 22, 2004 Source: N/A | Sold | $420,000 |
Feb 13, 2004 Source: N/A | Sold | $400,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2024 | $7,692 | $381,490 |
Home facts updated by county records
Market trends in South Loop
Last updated July 2026
Avg. sale price
$384K
Sale-to-List Price
100.3%
0.8%MoM
Price per sq ft
$343
$1MoM
Available listings
213
20MoM
Around this home
What Locals Say about South Loop
At least 492 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.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections

Based on information submitted to the MLS GRID as of 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Click here for more information
Frequently asked questions about 71 E 16th St #3
- What is 71 E 16th St #3 estimated to be worth?Trulia's estimated value for 71 E 16th St #3 in Chicago, IL is $432,200.
- What is the price history for 71 E 16th St #3?71 E 16th St #3 in Chicago, IL last sold for $397,000 in July 2024.
- Is Chicago a buyer's or seller's market?Chicago is currently a seller's market, based on recent for-sale activity.
- What's the median sale price in Chicago?The median sale price in Chicago is $384K. That is roughly unchanged from the prior month.
- Does 71 E 16th St #3 have air conditioning?Yes, 71 E 16th St #3 in Chicago, IL has air conditioning.
- Does 71 E 16th St #3 have laundry facilities?Yes, 71 E 16th St #3 in Chicago, IL has in-unit laundry.

