Welcome home to 1617 S Michigan Ave Unit 203, a quintessential loft in the heart of the South Loop. Jaw dropping original detailing, modern amenities, and an expansive recently 850SF private outdoor terrace right off your living room. Formerly home to the Studebaker Auto Company, this massive 1850 square foot loft features a beautiful wood bow truss ceiling, atrium skylights, original wide plank floors, wall-to-wall windows in the living room, and tons of flex space throughout including two bonus lofted areas. This unit has 2 beds and 1 bath, complete with a modern kitchen, upgraded bathroom with double vanities, porcelain tile, walk-in shower, and in-unit laundry. Outside is a true urban oasis and once you step out of your living room, you'll be greeted with a huge upgraded private terrace with maintenance-free composite decking, a high end wood and steel pergola outfitted with sleek lighting completed just two years ago. 1 exterior parking space included. This is truly an amazing space with so much potential and options to make it your own!
Closed
$575,000
1617 S Michigan Ave APT 203, Chicago, IL 60616
2beds
--sqft
Condominium, Apartment, Single Family Residence
Built in ----
-- sqft lot
$536,500 Zestimate®
$--/sqft
$2,421 Estimated rent
Home value
$536,500
$494,000 - $574,000
$2,421/mo
Zestimate® history
Owner options
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$2,421/mo
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$2,421/mo
Rent Zestimate®
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$4,437/mo
Est. payment
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$4,437/mo
Est. payment
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List your homeWhat's special
Huge upgraded private terraceSleek lightingTons of flex spaceIn-unit laundryOriginal wide plank floorsAtrium skylightsModern kitchen
Zillow last checked:
Listing updated:
Listing courtesy of:
Kathleen Malone 773-466-7150,
Compass,
Zach Kennedy,
Compass
Bought with:
Jerry Brown
Redfin Corporation
Source: MRED as distributed by MLS GRID,MLS#: 12085060
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Features: Flooring (Hardwood)
- Level: Main
- Area: 352 Square Feet
- Dimensions: 22X16
Bedroom 2
- Features: Flooring (Hardwood)
- Level: Main
- Area: 121 Square Feet
- Dimensions: 11X11
Dining room
- Features: Flooring (Hardwood)
- Level: Main
- Area: 256 Square Feet
- Dimensions: 16X16
Kitchen
- Features: Flooring (Ceramic Tile)
- Level: Main
- Area: 240 Square Feet
- Dimensions: 15X16
Living room
- Features: Flooring (Hardwood)
- Level: Main
- Area: 418 Square Feet
- Dimensions: 19X22
Loft
- Features: Flooring (Wood Laminate)
- Level: Second
- Area: 56 Square Feet
- Dimensions: 7X8
Loft
- Features: Flooring (Carpet)
- Level: Second
- Area: 418 Square Feet
- Dimensions: 19X22
Other
- Level: Main
- Area: 851 Square Feet
- Dimensions: 23X37
Heating
- Natural Gas, Forced Air
Cooling
- Central Air
Appliances
- Laundry: In Unit
Features
- Cathedral Ceiling(s), Beamed Ceilings, Open Floorplan, Separate Dining Room
- Flooring: Hardwood
- Windows: Skylight(s)
- Basement: None
Interior area
- Total structure area: 0
Property
Parking
- Total spaces: 1
- Parking features: Assigned, Off Street, Parking Lot, On Site, Owned
Accessibility
- Accessibility features: No Disability Access
Details
- Parcel number: 17223020501007
- Special conditions: None
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium, Apartment, Single Family Residence
Materials
- Other
Condition
- New construction: No
- Major remodel year: 2000
Utilities & green energy
- Sewer: Storm Sewer
- Water: Lake Michigan
Community & neighborhood
Location
- Region: Chicago
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $393 monthly
- Services included: Water, Parking, Insurance, Exterior Maintenance, Snow Removal
Other
Other facts
- Listing terms: Conventional
- Ownership: Condo
Price history
| Date | Event | Price |
|---|---|---|
| 12/10/2024 | Sold | $575,000 |
Source:  MRED as distributed by MLS GRID #12085060 Report a problem | ||
| 10/28/2024 | Contingent | $575,000 |
Source: MRED as distributed by MLS GRID #12085060 Report a problem | ||
| 10/4/2024 | Listed for sale | $575,000 |
Source: MRED as distributed by MLS GRID #12085060 Report a problem | ||
| 9/25/2024 | Contingent | $575,000 |
Source: MRED as distributed by MLS GRID #12085060 Report a problem | ||
| 6/19/2024 | Listed for sale | $575,000+53.3% |
Source: MRED as distributed by MLS GRID #12085060 Report a problem | ||
| 7/30/2002 | Sold | $375,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $33,466 +4% |
| 2023 | $5,549 +3.3% | $32,182 |
| 2022 | $5,370 +1.7% | $32,182 |
| 2021 | $5,282 +4.3% | $32,182 +13.6% |
| 2020 | $5,065 -8% | $28,319 -8.2% |
| 2019 | $5,506 -12.6% | $30,833 -12.7% |
| 2018 | $6,298 +2.2% | $35,321 +10.4% |
| 2017 | $6,163 +4.3% | $32,004 |
| 2016 | $5,910 +9.8% | $32,004 |
| 2015 | $5,384 -10.3% | $32,004 -8.3% |
| 2014 | $5,999 +2.2% | $34,901 |
| 2013 | $5,869 +0.9% | $34,901 |
| 2012 | $5,815 +9.3% | $34,901 -5.3% |
| 2011 | $5,318 +2.1% | $36,857 |
| 2010 | $5,209 +8% | $36,857 |
| 2009 | $4,822 +28.1% | $36,857 +11.8% |
| 2008 | $3,764 +11.3% | $32,957 |
| 2007 | $3,382 +29.6% | $32,957 |
| 2006 | $2,610 -5.8% | $32,957 +35.7% |
| 2005 | $2,772 +3.7% | $24,288 |
| 2004 | $2,673 -61.1% | $24,288 -44% |
| 2003 | $6,863 +204% | $43,372 +201.5% |
| 2002 | $2,257 +5.4% | $14,387 |
| 2001 | $2,141 -18.5% | $14,387 |
| 2000 | $2,628 | $14,387 +5.2% |
| 1999 | -- | $13,681 |
Find assessor info on the county website
Neighborhood: South Loop
Nearby schools
GreatSchools rating
- 8/10South Loop Elementary SchoolGrades: PK-8Distance: 0.3 mi
- 1/10Phillips Academy High SchoolGrades: 9-12Distance: 2.4 mi
Schools provided by the listing agent
- District: 299
Source: MRED as distributed by MLS GRID. 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
$536,500
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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
$536,500
- Illinois
- Cook County
- Chicago
- 60616
- South Loop
- 1617 S Michigan Ave Apartment 203
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