1620 S Michigan Avenue # 503 Chicago, IL ^$ 375,000

1620 S Michigan Avenue # 503

^$ 375,000

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1620 S Michigan Avenue # 503

Chicago, IL, 60616

^$ 375,000

Bedrooms2 Baths2.0 Sq 1,050

Monthly Estimate*

^$ 2,619

1620 S Michigan Avenue # 503, Chicago, IL 60616 - Image 1

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1620 S Michigan Avenue # 503, Chicago, IL 60616 - Image 7

1620 S Michigan Avenue # 503, Chicago, IL 60616 - Image 8

1620 S Michigan Avenue # 503, Chicago, IL 60616 - Image 9

1620 S Michigan Avenue # 503, Chicago, IL 60616 - Image 10

1620 S Michigan Avenue # 503, Chicago, IL 60616 - Image 11

1620 S Michigan Avenue # 503, Chicago, IL 60616 - Image 12

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Condo for sale in Chicago, IL

for $375,000 with 2 bedrooms and 2 full baths. This 1,050 square foot condo was built in 2006.

Hot South Loop Condo!! Great investment property, currently rented for $2500/month through 1/31/2026. Freshly painted with newly refinished gleaming hardwood floors, 10ft ceilings. Granite counter tops, full sized washer and dryer. New carpet in bedrooms. Walk in closet and storage. Walking distance to Lakefront, Museums, Soldier Field. Indoor heated parking for an additional $25k. Enjoy the best of what of Chicago has to offer!

Condo Active

Price

^$ 375,000

Bedrooms

Full Bath

Property Type

Condo

Taxes

^$ 5,811

Style

High Rise (7+ Stories)

Year Built

2006

Town/City

Chicago

County/Region

Cook

MLS | Web ID

11972424

Features

General

Sewer Public Sewer

Heating Natural Gas Forced Air

Cooling Central Air

Possession Tenant's Rights

HOA 369

Garage Spaces 1

Association Fee Includes Insurance Security Doorman Exterior Maintenance Lawn Care Snow Removal

Pets Allowed Cats OK Dogs OK

Year Built 2006

Township Lake

Unit Number 503

Tax Year 2021

Percent Ownership Condo

Assoc Fee Paid Per Monthly

County Cook

New Construction N

Property Type Residential Attached Single

Total Rooms 5

Status Active

Directions ROOSEVELT TO MICHIGAN S TO BUILDING

City Chicago

High School District 299

MLS Area CHI - Near South Side

Waterfront Y/N N

Street Name Michigan

Tax Annual Amount 5811.81

Additional Parcels Y/N N

Days on Market 44

Standard Status Active

Middle/Junior School District 299

Elementary School District 299

Sub Type High Rise (7+ Stories)

Interior

Basement None None

Total Stories 14

Full Baths 2

Half Baths 0

Street Suffix Avenue

Total Bedrooms 2

Room Type No additional rooms

Total Baths 2

Bedrooms Possible 2

Total Number of Units 249

Exterior

Water Source Public

Total Parking 1

Lot Dimensions COMMON

Garage Onsite Yes

Garage Type Detached

Garage Ownership Owned

Exterior Concrete

* Excluded Features

List By

Victory Lane Realty Llc

Broker

victorylaneray@gmail.com;victorylaneray@gmail.com

Affordability Calculator

$3,104

Per Month

Monthly Principal & Interest: $2,619
Monthly Property Taxes: $484
Monthly Home Insurance: --

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Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Condo listings in Chicago, IL

Average List Price ^$654,737

Percent of Sale Price 75%

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

566059 Elementary School

566846 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/2/2024	$375,000		Listed Price

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1620 S Michigan Avenue # 503, Chicago, IL, 60616 is a Condo for sale at $375,000 with 1,050 sqft. 1620 S Michigan Avenue # 503 has 2 bedrooms, 2.0 baths, and was built in 2006. The property's zip code is 60616 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Data is updated as of 4/30/2024.

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1620 S Michigan Avenue # 503

Condo for sale in Chicago, IL

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