1601 S Michigan Avenue # 505 Chicago, IL $ 240,000
1601 S Michigan Avenue # 505
$ 240,000
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1601 S Michigan Avenue # 505

Chicago, IL, 60616
$ 240,000
Bedrooms1 Baths1.0 Sq 720

Monthly Estimate*

$ 1,515

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Condo for sale in Chicago, IL

for $240,000 with 1 bedroom and 1 full bath. This condo is 720 square feet.

This well renovated bright South Loop condo comes with parking included! This cozy north facing condo offers views of downtown skyline you can enjoy from the balcony. Balcony views include Soldier Field, lake Michigan, and straight up Michigan Ave. Easy walk to Grant Park, playgrounds, restaurants, night life, public trans. Owner occupants only. No rentals allowed.

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Condo Active

Price

$ 240,000

Bedrooms

1

Full Bath

1

Property Type

Condo

Taxes

$ 3,673

Style

Condo

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12760199

Features
General
Living Area 720
Sewer Public Sewer
Heating Natural Gas
Cooling Central Air
Possession Closing
HOA Fee 394
Association Fee Includes Water Parking Insurance TV/Cable Exterior Maintenance Scavenger Snow Removal Internet
Construction Materials Brick
Pets Allowed Cats OK Dogs OK
Township South Chicago
Unit Number 505
Tax Year 2025
Ownership Condo
Accessibility Hall Width 36 Inches or More
Additional Parcels Description 17223020521081
Assoc Fee Paid Per Monthly
County Cook
New Construction N
Property Type Residential Attached Single
Total Rooms 4
Full Baths 1
Status New
Directions 16th St and Michigan Ave
City Chicago
High School District 299
MLS Area CHI - Near South Side
Tax Annual Amount 3673.64
Additional Parcels Y/N Y
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
Sub Type Condo
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Interior
Basement Partially Finished Full
Total Stories 6
Half Baths 0
Total Bedrooms 1
Room Type Balcony/Porch/Lanai
Total Baths 1
Bedrooms Possible 1
Total Number of Units 47
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Exterior
Parking Features Assigned Yes Owned
Water Source Public
Total Parking 1
Lot Dimensions COMMON
Waterfront Y/N N
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* Excluded Features
List By
Baird & Warner

Broker

julius.dickens@bairdwarner.com

Email

Affordability Calculator

$1,821
Per Month
83%
17%
0%
Monthly Principal & Interest
$1,515
Monthly Property Taxes
$306
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
566059 Elementary School
566846 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/15/2026$240,000 Listed Price

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1601 S Michigan Avenue # 505, Chicago, IL, 60616 is a Condo for sale at $240,000 with 720 sqft. 1601 S Michigan Avenue # 505 has 1 bedrooms and 1.0 baths. The property's zip code is 60616 which is in Chicago, IL