4316 S Michigan Avenue # 1N
Chicago, IL, 60653 $ 499,900
Bedrooms3 Baths2.1 Sq 2,800 Monthly Estimate*
$ 3,156
for $499,900 with 3 bedrooms and 2 full baths, 1 half bath. This 2,800 square foot condo was built in 2025.
Up to $70,000 in grant assistance may be available for qualified buyers, making homeownership at 4316 S. Michigan Avenue more attainable than you may have imagined. Welcome to a beautifully crafted new-construction residence where thoughtful design, modern luxury, and everyday convenience come together in one of Chicago's most exciting and evolving neighborhoods. This exceptional four-bedroom, 2.1-bath home offers the perfect balance of style and functionality, anchored by one of the most sought-after features in today's market-a first-floor primary suite. Imagine arriving home after a long day and retreating to your private sanctuary without ever climbing a flight of stairs. Bathed in natural light, the primary suite offers a sense of calm and comfort that feels worlds away from the city outside. The spa-inspired bath and generous closet space create an environment designed for relaxation, restoration, and effortless daily living. The heart of the home unfolds into an expansive open-concept living and dining space where sunlight streams through oversized windows and conversations flow as easily as the layout itself. Whether hosting holiday gatherings, enjoying a quiet evening at home, or entertaining friends for dinner, every space feels inviting, comfortable, and connected. The beautifully designed eat-in kitchen serves as the centerpiece of the home. Featuring sleek cabinetry, quartz countertops, and a spacious island, it effortlessly blends style and function. Picture weekend brunches, holiday baking traditions, and guests gathered around the island long after dinner has ended. This is a kitchen designed not only for cooking, but for living. The lower-level family room provides an entirely separate living space that adapts to your lifestyle. Movie nights, game days, a home gym, a dedicated office, playroom, or private retreat-the possibilities are endless. Its generous size and versatility create the kind of flexibility today's buyers crave. Upstairs, three additional bedrooms offer bright, comfortable spaces that can easily accommodate family, guests, remote work, creative pursuits, or whatever your next chapter requires. A beautifully appointed full bath serves the upper level with modern finishes and timeless design. And then there's the convenience that elevates everyday life: attached parking. No searching for spaces. No carrying groceries through rain or snow. Just the ease of pulling into your garage and stepping directly into the comfort of home. Located in the heart of Bronzeville, you'll enjoy a neighborhood rich in history, culture, architecture, and momentum. Minutes from the South Loop, Hyde Park, the University of Chicago, downtown, the lakefront, parks, restaurants, and neighborhood favorites, this location offers the perfect blend of urban convenience and residential charm. This isn't simply a place to live. It's where mornings begin with intention, where friends gather around the kitchen island, where movie nights become traditions, where milestones are celebrated, and where life unfolds beautifully, one day at a time. 4316 S. Michigan Avenue is more than new construction. It's the beginning of your next chapter.
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FeaturesGeneralLiving Area 2800
Sewer Public Sewer
Heating Natural Gas
Cooling Central Air
Possession Closing
Roof Asphalt
HOA Fee 200
Association Fee Includes Water Insurance Lawn Care Scavenger Snow Removal
Construction Materials Brick
Pets Allowed Cats OK Dogs OK
Year Built 2025
Township Hyde Park
Unit Number 1N
Tax Year 2023
Ownership Condo
Assoc Fee Paid Per Monthly
County Cook
New Construction Y
Property Type Residential Attached Single
Contingency Attorney/Inspection
Total Rooms 8
Full Baths 2
Status Contingent
Directions 43rd east or west to Michigan Ave
City Chicago
High School District 299
MLS Area CHI - Grand Boulevard
Standard Status Active Under Contract
Middle/Junior School District 299
Elementary School District 299
Sub Type Condo
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InteriorBasement None
Total Stories 4
Half Baths 1
Total Bedrooms 3
Room Type Eating Area Walk In Closet Balcony/Porch/Lanai
Total Baths 3
Bedrooms Possible 3
Total Number of Units 8
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ExteriorParking Features Yes
Water Source Lake Michigan Public
Total Parking 1
Foundation Details Concrete Perimeter
Lot Dimensions CONDO
Waterfront Y/N N
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* Excluded FeaturesList ByFulton Grace RealtyBroker
jennifer@gramercysold.com;Jennifer@GramercySold.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $3,156
- Monthly Property Taxes
- --
- 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.
Learn more about how to save NearbyCondo listings in Chicago, IL
Average List Price $630,920
Percent of Sale Price 26%
About Chicago, IL 2,755,380 Population
-4% Since 2002
$ 53,088 Median Income
36.07 Median Age
25% Households with Children
Trends Information provided by ATTOM Data Solutions.
566059 Elementary School
566846 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 5/28/2026 | $499,900 | | Listed Price |