50 E 16th St
Over the last 24 months, sales here closed at a median $335 per sq ft, 5% below the South Loop median ($352). HOA dues ran $0.71 per sq ft a month, 11% above the South Loop median ($0.64). Units leased in a median 14 days (neighborhood: 16 days).
What units sell and rent for
Medians of this building's closed MLS sales and leases. The range is a 90% interval; a figure is shown only when the building has enough records.
Turnover 4.1% per year of units
What listings say about the building
From this building's MLS sale and lease listings; a fact appears only when most listings agree. Rules change, and the association's documents are the authority.
- Pets
- Cats and dogs allowed · 36 listings
- Owners may lease
- Yes · 14 listings
- Parking
- Included with some units (17 listings); deeded spaces typically $30,000 (12 listings)
- Dues usually include
- Heat, gas, water, TV/cable, internet, doorman, exercise facilities, security; plus insurance, exterior maintenance, scavenger, snow removal, lawn care · 17 listings
- Amenities
- Elevator, exercise room, door staff, on-site manager / engineer, storage, bike room, receiving room · 37 listings
- Management
- On-site manager · 10 listings
Trains and buses nearby
The closest CTA 'L' stations and the bus routes a few minutes' walk away. Walking times are estimates from straight-line distance.
-
Roosevelt Red, Green, Orange
about 13 min walk · 0.6 mi · step-free access -
Cermak-McCormick Place Green
about 13 min walk · 0.7 mi · step-free access -
Cermak-Chinatown Red
about 15 min walk · 0.8 mi · step-free access
134122962
Transit data: Chicago Transit Authority, via the City of Chicago Data Portal ('L' stops; bus stops as of 2022). Not affiliated with or endorsed by CTA. Check transitchicago.com for current routes and service.
Unit types observed in historical MLS records
MLS records from 2024 to Sep 2026 identify 44 distinct units with bedroom information; each unit is counted once. This is not a verified breakdown of the building's 171 units on Assessor records: units that never appeared in the MLS are not shown, and a unit's layout may have changed since its last record. Not enough evidence yet to estimate the full unit mix.
| Type | Median sale price | Median rent | Sales · leases, 24 mo | South Loop median rent | South Loop price / sq ft |
|---|---|---|---|---|---|
| 1 bed | too few | too few | 5 · 5 | $2,300 | $344 |
| 2 bed | $385,000 | $3,200 | 9 · 16 | $3,050 | $346 |
| 3+ bed | too few | too few | 0 · 1 | $4,600 | $411 |
This building's medians are shown only with at least 8 records of that type in 24 months. The South Loop columns are neighborhood medians for the same unit type, for reference — not figures for this building.
Every line, every floor
One cell per unit on Cook County Assessor records, by unit line (columns) and floor (rows). Column heads: the line's typical size and the direction its listings usually face.
Unit types are not shown: not enough evidence yet for this building. Exposure is the direction most of a line's MLS listings report. Across South Loop towers, each floor up adds about +0.44% to price per sq ft within the same line (this building alone has too few comparable sales). Line-by-line price premiums are not shown yet: too few sales per line.
What a unit costs to hold, rent against price, and higher floors
Estimates from this building's own sales and leases.
A typical unit, every month
| Type | Typical size | HOA dues / mo | Property tax / yr | Dues + tax / mo |
|---|---|---|---|---|
| 2 bed | 1,150 sq ft | $751 | — | — |
Typical size: the type's median price over its price per sq ft (the building's, where the type has too few records), so an estimate. Dues: the type's median in this building's sales. Property tax: this building's tax rate per sq ft for units without exemptions, times the size; owner-occupants with a homeowner exemption usually pay less. Mortgage, insurance and utilities are not included. Try your own numbers in the calculator below.
Ownership economics
Estimates from this building's median rents and prices by unit size. Vacancy, maintenance, insurance and financing are not deducted.
Higher floors
Only 3 sales comparable across floors (12 needed in at least 3 unit lines).
Against the other South Loop towers
Each line is one building's median with its 90% range. Only buildings with enough records are shown.
Price per sq ft
This building and the 6 towers on each side of it in the ranking; a larger screen shows all of them.
HOA dues per sq ft per month
This building and the 6 towers on each side of it in the ranking; a larger screen shows all of them.
Run the numbers for a unit here
Monthly cost to own against renting, or yields and cash flow if you rent it out. Start from this building's figures and change anything.
Starting values are this building's medians for the unit type, where enough records exist; property tax is estimated from the building's tax per sq ft, only where enough units without exemptions agree. Change any number. An illustration only: not a loan offer, an appraisal, or tax or investment advice. Confirm figures with your lender, insurer and tax advisor. Nothing you type leaves your browser.
Questions worth asking about any condo building
Standard questions for any building, not findings about this one.
- What are the current monthly dues, and what do they include?
- What is the reserve fund balance, and when was the last reserve study?
- Has any special assessment been approved, proposed or discussed, and is any balance outstanding?
- What are the leasing rules (minimum term, caps, approval)?
- What does the master insurance policy cover, and what is the deductible?
- Is the association a party to any litigation?
- Request the association's disclosure package under Section 22.1 of the Illinois Condominium Property Act.
Other towers close by, and the full review
Nearby towers
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Disclaimer: For information only · not guaranteed · not an appraisal or advice. Talk to a licensed broker before any transaction. Full disclaimer
Report BP-2026-09-30-B00395-08c22a · data through September 30, 2026 · Oct 2024 – Sep 2026. Medians of MLS records; MLS does not capture every transaction. Not an appraisal or valuation of any unit. How we measure.