1631 S Michigan Avenue # 502
Chicago, IL, 60616 $ 279,900
Bedrooms1 Baths1.0 Sq 900 Monthly Estimate*
$ 1,723
for $279,900 with 1 bedroom and 1 full bath. This condo is 900 square feet.
Hardly EVER available true loft living in the heart of the South Loop! This spacious and extra-wide 1-bedroom, 1-bath residence in sought-after Tandem Lofts combines authentic loft character with thoughtful modern updates. Featuring soaring ceilings, an open-concept floor plan, exposed ductwork loft styling, and abundant natural light, this home offers a unique blend of urban sophistication and comfort. Unlike many loft bedrooms, the generously sized bedroom is fully enclosed and includes a window, providing privacy without sacrificing light. The inviting living area showcases genuine hardwood floors and a cozy gas fireplace, while the beautifully renovated kitchen features crisp quartz countertops, soft-close cabinetry, under-cabinet lighting, an undermount sink with built-in water filtration, and ample workspace for cooking and entertaining. The updated bathroom includes upgraded plumbing with replacement shower/tub piping and individual shutoff valves added in 2022 for added peace of mind. Additional improvements include a stackable front-loading washer and dryer installed in 2022, new bedroom carpeting, an organized walk-in closet, and custom window treatments throughout. Step outside to your private balcony, the perfect spot for morning coffee or relaxing with an afternoon breeze. Building amenities include secure entry, a dog run, bike storage, and private caged storage. Ideally located in the vibrant South Loop, this home is just moments from Lake Michigan, Mariano's, museums, Soldier Field, public transportation, restaurants, shopping, and one of Chicago's premier dog parks. Enjoy the best of city living in a well-managed building with exceptional convenience and an unbeatable location. Deeded parking space #11 is included in the purchase price.
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FeaturesGeneralLiving Area 900
Sewer Public Sewer
Heating Natural Gas Forced Air
Cooling Central Air
Possession Immediate
Appliances Range Microwave Dishwasher Refrigerator High End Refrigerator Washer Dryer Stainless Steel Appliance(s)
HOA Fee 468
Association Fee Includes Heat Water Gas Insurance Security TV/Cable Exterior Maintenance Lawn Care Scavenger Snow Removal Internet
Construction Materials Brick
Pets Allowed Cats OK Dogs OK
Electric Circuit Breakers
Township South Chicago
Unit Number 502
Tax Year 2024
Ownership Condo
Assoc Fee Paid Per Monthly
County Cook
New Construction N
Property Type Residential Attached Single
Association Amenities Bike Room/Bike Trails Elevator in Residence Storage
Total Rooms 4
Full Baths 1
Status New
Directions Michigan Ave South from Roosevelt to 1631
City Chicago
High School District 299
MLS Area CHI - Near South Side
Tax Annual Amount 3822.11
Additional Parcels Y/N N
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
Sub Type Condo
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InteriorInterior Amenities 1st Floor Bedroom 1st Floor Full Bath Storage Built-in Features Walk-In Closet(s) Dining Combo
Basement None
Flooring Hardwood
Total Fireplaces 1
Fireplace Features Gas Starter
Total Stories 6
Half Baths 0
Laundry Features Main Level Washer Hookup In Unit Laundry Closet
Total Bedrooms 1
Room Type No additional rooms
Total Baths 1
Bedrooms Possible 1
Bathroom Soaking Tub
Total Number of Units 58
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ExteriorExterior Amenities Balcony
Parking Features Assigned Yes Owned
Water Source Lake Michigan
Total Parking 1
Lot Dimensions COMMON
Waterfront Y/N N
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* Excluded FeaturesList By@Properties Christie's International Real EstateBroker
lmfoster@atproperties.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $1,723
- Monthly Property Taxes
- $319
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% 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 $627,796
Percent of Sale Price 124%
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 |
|---|
| 6/22/2026 | $279,900 | | Listed Price |