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  • $325,000

    1620 S Michigan Ave Unit 520, Chicago, IL 60616

    2beds
    900sqft
    Condominium, Single Family Residence
    Built in 2006
    -- sqft lot
    $322,400 Zestimate®
    $361/sqft
    $2,548 Estimated rent

    Home value

    $322,400

    $303,000 - $339,000

    $2,548/mo

    Zestimate® history
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    What's special

    Welcome to the PERFECT, super sunny, ultra-quiet modern concrete loft. Each inch of this stunner has been beautifully and thoughtfully redone, including real oak hardwood floors throughout, even in the bedrooms, new stainless-steel appliances, in-unit front load washer and dryer, new Taj Mahal Quartzite counters with glass backsplash, remodeled bath with oversized tile, custom shower glass door, an extra-large tub, new double vanity with inlay sinks. This split bedroom layout has an open feeling with 10 ft. concrete ceilings and floor-to-ceiling windows featuring custom roller shades. Ample storage includes a spacious walk- in closet. Enormous terrace-like balcony spans 21' wide and runs the entire unit, with views of the sunsets and Fred Andersen Dog Park. It is located on Prime Michigan Ave. in the ideal South Loop location and steps from restaurants, groceries, Soldier's Field, Grant Park, and the Lake. Easy access to transportation, whether expressways, bus stops at the front door, EL train, or 18th Street Metra. Indoor heated, deeded garage parking is available for $30K. This home perfectly blends style, updates, and unbeatable location. This elevator building is terrifically and professionally managed with a reasonable HOA, including heat, cooking gas, cable, internet, and water. As a homeowner, you only pay a small electric bill, no special assessments, and modest increases over the years. Just ask for Jack, the property manager, who gets everything taken care of quickly and efficiently. The building has secure fob access with an electronic package delivery system and evening-door staff Wednesday-Saturday. It's pet-friendly; walk out the back door to easily access the dog park. Investor friendly.

    Zillow last checked:

    Listing updated:

    Listed by:

    Tracy Boyce 312-371-8168,

    @properties Christie's International Real Estate

    Bought with:

    Vadim Ratner

    MarketMax Realty, Inc.

    Source: MRED as distributed by MLS GRID,MLS#: 12299990MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Rooms
    • Room types: Balcony/Porch/Lanai
    Primary bedroom
    • Features: Flooring (Hardwood), Window Treatments (Shades), Bathroom (Full)
    • Level: Main
    • Area: 228 Square Feet
    • Dimensions: 12X19
    Bedroom 2
    • Features: Flooring (Carpet)
    • Level: Main
    • Area: 100 Square Feet
    • Dimensions: 10X10
    Balcony porch lanai
    • Level: Main
    • Area: 63 Square Feet
    • Dimensions: 21X3
    Dining room
    • Features: Flooring (Hardwood), Window Treatments (Shades)
    • Level: Main
    • Dimensions: COMBO
    Kitchen
    • Features: Flooring (Hardwood), Window Treatments (Shades)
    • Level: Main
    • Area: 140 Square Feet
    • Dimensions: 14X10
    Laundry
    • Features: Flooring (Vinyl)
    • Level: Main
    • Area: 40 Square Feet
    • Dimensions: 5X8
    Living room
    • Features: Flooring (Hardwood), Window Treatments (Shades)
    • Level: Main
    • Area: 154 Square Feet
    • Dimensions: 14X11
    Heating
    • Natural Gas, Forced Air, Indv Controls
    Cooling
    • Central Air
    Appliances
    • Included: Range, Microwave, Dishwasher, Refrigerator, Freezer, Disposal, Stainless Steel Appliance(s)
    • Laundry: Washer Hookup, In Unit
    Features
    • Flooring: Hardwood
    • Doors: Door Monitored By TV
    • Basement: None
    Interior area
    • Total structure area: 0
    • Total interior livable area: 900 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Garage Door Opener, Heated Garage, Garage Owned, Deeded, Attached, Garage
    • Attached garage spaces: 1
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: No Disability Access
    Features
    • Exterior features: Balcony, Door Monitored By TV
    Details
    • Additional parcels included: 17223010651354
    • Parcel number: 17223010651072
    • Special conditions: List Broker Must Accompany
    • Other equipment: TV-Cable

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium, Single Family Residence
    Materials
    • Glass, Concrete
    • Foundation: Concrete Perimeter, Reinforced Caisson
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 2006
    • Major remodel year: 2024

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer
    • Water: Lake Michigan

    Community & HOA

    Community
    • Security: Fire Sprinkler System, Carbon Monoxide Detector(s)
    HOA
    • Has HOA: Yes
    • Amenities included: Door Person, On Site Manager/Engineer, Security Door Lock(s)
    • Services included: Heat, Water, Gas, Insurance, Security, Doorman, Cable TV, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Internet
    • HOA fee: $301 monthly
    Location
    • Region: Chicago

    Financial & listing details

    • Price per square foot: $361/sqft
    • Tax assessed value: $237,940
    • Annual tax amount: $5,596
    • Date on market: 2/27/2025
    • Listing terms: Conventional
    • Ownership: Condo

    Price history

    DateEventPrice
    4/28/2025Sold$325,000+8.3%$361/sqft
    Source: MRED as distributed by MLS GRID #12299990 Report a problem
    3/13/2025Contingent$300,000$333/sqft
    Source: MRED as distributed by MLS GRID #12299990 Report a problem
    2/27/2025Listed for sale$300,000$333/sqft
    Source: MRED as distributed by MLS GRID #12299990 Report a problem
    11/22/2016Listing removed$1,900+153.3%$2/sqft
    Source: @properties #09367541 Report a problem
    9/28/2013Listing removed$750$1/sqft
    Source: Zillow Rental Network Report a problem
    9/17/2013Listed for rent$750$1/sqft
    Source: Zillow Rental Network Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024-- $23,794 -2.6%
    2023$5,174 +2.6%$24,441
    2022$5,043 +2.3%$24,441
    2021$4,930 +12.9%$24,441 +24.7%
    2020$4,366 +1.8%$19,600 -8.2%
    2019$4,288 +1.7%$21,342
    2018$4,216 +33%$21,342 +45%
    2017$3,169 +7.5%$14,721
    2016$2,948 +9.3%$14,721
    2015$2,698 +8.8%$14,721 +10.1%
    2014$2,480 +2%$13,369
    2013$2,432 +1.4%$13,369
    2012$2,399 -18.9%$13,369 -26.8%
    2011$2,959 -0.4%$18,259
    2010$2,971 -4.4%$18,259 -8.4%
    2009$3,109 -2.5%$19,937 -10.3%
    2008$3,188 -2%$22,227 -2.9%
    2007$3,252 $22,901
    Find assessor info on the county website

    Neighborhood: South Loop

    Nearby schools

    GreatSchools rating
    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
    $322,400
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $322,400