Calling all investors and buyers looking to create a space of their own! This 1Bed/1Bath condo presents a prime renovation opportunity in a coveted Old Town building. Located on the second floor, the condo offers a generous layout and is ready for a complete transformation. Bring your contractor and design ideas to renovate the space to your personal style or create an investment property in one of Chicago's most desirable neighborhoods. The condo is being sold strictly As-Is and requires a full gut renovation. 1660 is a full amenity building with 24 hour door staff, fitness center, outdoor pool, beautiful rooftop deck with timeless views of the lake and city, newly renovated community room, on site dry cleaners, common area laundry, bike storage and additional storage for rent. Onsite parking starting at $121/month. Healthy HOA with $14.6M in reserves as of 5/31/26. No rental cap, but leases must be a minimum of 12 months. Prime location in Old Town off Wells Street, you are just steps from top restaurants, boutique shopping, cafes, salons, and iconic comedy clubs like Second City and Zanies. Directly across from Lake Michigan, you'll enjoy easy access to parks, walking and biking trails, the lakefront path, farmers market, etc. Easy commute Downtown, short walk to CTA Brown Line and 156 Bus stops directly in front of the building. Easy access to Lakeshore Drive. Enjoy Front Row Seats to the Annual Air and Water show from the beautiful Rooftop Deck as the Blue Angels fly right above! A rare opportunity with incredible potential!
— the listing agent’s description
The home
1 beds
1 baths
Built in 1972
Lot COMMON
2-car garage
Attached Single
What it’ll cost
$3,051 taxes / yr
$460/mo HOA
7 days on dwello
Estimated monthly payment
$1,976/mo
Principal & interest$1,196
Property taxes$254
Homeowners insurance$66
HOA dues$460
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Assessed value from the Cook County Assessor (open records). Estimated market ≈ assessed × 10 for residential; not an appraisal — verify with the assessor.
Features
Central AirNatural GasForced AirBrickPublic SewerHeated GarageYes
Schools nearby
Latin School of Chicago · 0.2 mi
Latin School of Chicago · 0.2 mi
LaSalle Language Academy · 0.3 mi
Franklin Fine Arts Center · 0.5 mi
Manierre Elementary School · 0.5 mi
This listing didn’t include assigned schools, so these are the closest schools (OpenStreetMap) — not necessarily the attendance-zoned schools. Confirm assignment with the district.