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Off market
  • $488,800

    1601 S Michigan Ave APT 502/3, Chicago, IL 60616

    2beds
    1,400sqft
    Condo
    Built in 1925
    -- sqft lot
    $488,800 Zestimate®
    $349/sqft
    $3,236 Estimated rent

    Home value

    $488,800

    $464,000 - $513,000

    $3,236/mo

    Zestimate® history
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    $3,236/mo

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    Rent Zestimate®

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    $3,852/mo

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    $3,852/mo

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    What's special

    This 1400 square foot condo home has 2 bedrooms and 2.0 bathrooms. This home is located at 1601 S Michigan Ave APT 502/3, Chicago, IL 60616.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Forced air, Gas
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Range / Oven, Refrigerator, Washer
    Features
    • Flooring: Carpet, Hardwood
    Interior area
    • Total interior livable area: 1,400 sqft

    Property

    Parking
    • Parking features: Garage - Detached
    Features
    • Exterior features: Brick
    Lot
    • Size: 0.66 Acres
    Details
    • Parcel number: 17223020521036

    Construction

    Type & style
    • Home type: Condo
    Condition
    • Year built: 1925

    Community & HOA

    HOA
    • Has HOA: Yes
    • HOA fee: $381 monthly
    Location
    • Region: Chicago

    Financial & listing details

    • Price per square foot: $349/sqft
    • Tax assessed value: $370,950

    Price history

    DateEventPrice
    5/29/2025Listing removed$475,000$339/sqft
    Source: MRED as distributed by MLS GRID #12343800 Report a problem
    4/23/2025Listed for sale$475,000-4.8%$339/sqft
    Source: MRED as distributed by MLS GRID #12343800 Report a problem
    4/23/2025Listing removed$499,000$356/sqft
    Source: MRED as distributed by MLS GRID #12286439 Report a problem
    3/7/2025Listed for sale$499,000+18.8%$356/sqft
    Source: MRED as distributed by MLS GRID #12286439 Report a problem
    3/3/2017Sold$420,000+5%$300/sqft
    Source: Agent Provided Report a problem
    1/20/2017Pending sale$399,900$286/sqft
    Source: Century 21 S.G.R. Inc. #09372721 Report a problem
    10/22/2016Price change$399,900-2.2%$286/sqft
    Source: CENTURY 21 S.G.R., Inc. #09372721 Report a problem
    9/9/2016Listed for sale$409,000$292/sqft
    Source: @properties #09338165 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024-- $37,095 +19.7%
    2023$6,562 +2.6%$30,999
    2022$6,396 +2.3%$30,999
    2021$6,252 -13.3%$30,999 -4.2%
    2020$7,212 +1.8%$32,374 -8.2%
    2019$7,084 +1.7%$35,260
    2018$6,965 +36.3%$35,260 +30%
    2017$5,111 +3.6%$27,118
    2016$4,931 +9.9%$27,118
    2015$4,489 +16.5%$27,118 +16.2%
    2014$3,852 +2.3%$23,332
    2013$3,765 +0.7%$23,332
    2012$3,739 +1.7%$23,332 -5.6%
    2011$3,676 -10.9%$24,705 -21.4%
    2010$4,126 +3.8%$31,419
    2009$3,974 +16.1%$31,419 +10.9%
    2008$3,424 +3.2%$28,331
    2007$3,318 +0.8%$28,331
    2006$3,292 -0.5%$28,331 +28.4%
    2005$3,308 +1.6%$22,073
    2004$3,256 +1.7%$22,073
    2003$3,203 -7.1%$22,073 +5.1%
    2002$3,447 -5.2%$21,010
    2001$3,638 $21,010
    2000-- $21,010
    Find assessor info on the county website

    Neighborhood: South Loop

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: South Loop Elementary School

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $488,800
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $488,800