New South Loop condos rising rapidly

The 16-story, 144 unit condominium building at 1345 Wabash has passed the 9th floor and is on target to top out a month from now. First occupancies at the building are expected early in 2015.

Local 1 Ironworkers took a few seconds break from assembling reinforcing forms yesterday to pose for a picture.

1345 Wabash is the first new-construction condominium in the South Loop in years. It has an enviable location, with five stellar restaurants on the same block, and Trader Joe’s, Jewel and the Roosevelt Rd CTA stops just over a block to the north.

One-bedroom condos are pre-completion priced from $227,900 and two-bedrooms from $289,900. Floor plans, detailed specifications and more information can be found at the 1345 Wabash website. The cost of owning a one- or two-bedroom at 1345 Wabash compares favorably with renting a comparable unit.

A sales and design center is open at 1620 S Michigan Ave.

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