1555 Wabash, South Loop, Chicago

by Chicago Agent

Construction has begun at New West Realty’s 1555 Wabash, a contemporary midrise in the South Loop. The building is expected to be completed in 2008, with first move-ins slated for summer 2008.

Located at the corner of Wabash Avenue and 16th Street, 1555 Wabash offers 176 condominium residences with one, two or three bedrooms, one or two baths, a balcony or terrace and 767 to 1,486 square feet. The residences are priced from the $200,000s to the low-$600,000s, and deeded parking is available starting at $33,000.

Standard features at 1555 Wabash include hardwood flooring in the main living areas, stainless steel kitchen appliances, granite kitchen countertops, exposed 10-foot concrete ceilings in the main living areas, oversized windows and a tech center, per plan. Many homes offer lake or city views. Additionally, the building has a fitness center, rooftop terrace and first-floor retail.

1555 Wabash was designed by Jonathan Splitt Architects. According to the architect, the design reflects the influence of both the international contemporary design movement of the 1920s and 1930s and today’s emphasis on energy efficiency. The low-E glass that makes up a majority of the exterior is a greenish color, giving the building an airy quality.

Terrie Whittaker, president of sales and marketing, says that the large windows that give the building its glossy appearance from the exterior maximize the views from inside the homes.

She also adds that the floor plans themselves are just as modern as the design of the building. All homes feature an open living area and kitchen with islands or peninsula counters, per plan. Many homes also offer a built-in tech center, while select floor plans have curved and diagonal walls, which, according to Whittaker, add visual interest to the layout.

People interested in the construction progress of 1555 Wabash are invited to the onsite sales center to view the site and learn more about the development. To visit, take Roosevelt Road to Wabash Avenue and go south to 16th Street. Turn left on 16th and the center is on the left. The sales center is open from 10 a.m. until 6 p.m. Monday through Friday, and noon until 5 p.m. on Saturday and Sunday.

For more information, call 312.922.1555 or visit 1555wabash.com.

Location South Loop, Chicago
Housing Type Condominium
Number of Units 176
Number Sold 77
Delivery Date Summer 2008
Price Range From the $200,000s – low-$600,000s
Co-op 2.5%
Developer New West Realty

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