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  • $287,000

    1620 S Michigan Ave Unit 722, Chicago, IL 60616

    2beds
    922sqft
    Condominium, Single Family Residence
    Built in 2003
    -- sqft lot
    $310,200 Zestimate®
    $311/sqft
    $2,698 Estimated rent

    Home value

    $310,200

    $292,000 - $329,000

    $2,698/mo

    Zestimate® history
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    What's special

    Large floor-to-ceiling windowsHeart of south loopNatural lightField museumShedd aquariumEntertainment optionsSoldier field
    Welcome to this stunning west facing condo, perfectly suited for both investment and comfortable living. Located in the heart of South Loop on the 7th floor, this beautiful unit boasts two bedrooms and one bathroom, making it an ideal home for families and young professionals alike. With its prime location just minutes away from Lake Michigan, Adler Planetarium, Shedd Aquarium, Soldier Field, and Field Museum, as well as a plethora of restaurants, entertainment options, and shopping centers, you'll have everything you need right at your fingertips. Additionally, this condo is situated in the best school system in the South Loop, making it a great choice for families with children. Inside, the unit features large floor-to-ceiling windows that offer stunning sunset views, bathing the space in natural light and creating a warm and inviting atmosphere. The building is pet-friendly, allowing up to 2 dogs, and there is even a dog park located behind the building, providing ample space for your furry friends to play. For those who require a car, deeded heated indoor parking is available for an additional $25,000. As an investor-friendly building, you'll be pleased to know that the estimated monthly rent income for this unit ranges from $2,200 to $2,400, providing a great opportunity for generating additional income. Don't miss your chance to own this incredible condo in the heart of South Loop. Schedule a showing today and experience the best of city living!

    Zillow last checked:

    Listing updated:

    Listed by:

    Faye Yu 312-522-9832,

    Richland Global Inc

    Bought with:

    Quinn Guan

    Century 21 S.G.R., Inc.

    Source: MRED as distributed by MLS GRID,MLS#: 11759660MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Rooms
    • Room types: No additional rooms
    Primary bedroom
    • Features: Flooring (Hardwood), Window Treatments (Blinds)
    • Level: Main
    • Area: 143 Square Feet
    • Dimensions: 13X11
    Bedroom 2
    • Features: Flooring (Hardwood)
    • Level: Main
    • Area: 110 Square Feet
    • Dimensions: 11X10
    Dining room
    • Level: Main
    • Dimensions: COMBO
    Kitchen
    • Features: Flooring (Hardwood)
    • Level: Main
    • Area: 72 Square Feet
    • Dimensions: 6X12
    Living room
    • Features: Flooring (Hardwood), Window Treatments (Blinds)
    • Level: Main
    • Area: 196 Square Feet
    • Dimensions: 14X14
    Heating
    • Natural Gas, Forced Air, Indv Controls
    Cooling
    • Central Air
    Appliances
    • Laundry: Gas Dryer Hookup, In Unit, Laundry Closet
    Features
    • Built-in Features, Walk-In Closet(s)
    • Flooring: Hardwood
    • Doors: Door Monitored By TV
    • Basement: None
    Interior area
    • Total structure area: 0
    • Total interior livable area: 922 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Garage Door Opener, Heated Garage, On Site, Garage Owned, 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: 17223010651438
    • Parcel number: 17223010651126
    • Special conditions: None

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium, Single Family Residence
    Materials
    • Brick
    • Roof: Rubber
    Condition
    • New construction: No
    • Year built: 2003

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Lake Michigan

    Community & HOA

    HOA
    • Has HOA: Yes
    • Services included: Heat, Air Conditioning, Water, Insurance, Security, Cable TV, Exterior Maintenance, Scavenger, Snow Removal, Internet
    • HOA fee: $362 monthly
    Location
    • Region: Chicago

    Financial & listing details

    • Price per square foot: $311/sqft
    • Tax assessed value: $278,730
    • Annual tax amount: $5,900
    • Date on market: 8/30/2023
    • Listing terms: Conventional
    • Ownership: Condo

    Price history

    DateEventPrice
    8/14/2023Sold$287,000+2.9%$311/sqft
    Source: MRED as distributed by MLS GRID #11759660 Report a problem
    7/7/2023Contingent$279,000$303/sqft
    Source: MRED as distributed by MLS GRID #11759660 Report a problem
    6/8/2023Price change$279,000-2.1%$303/sqft
    Source: MRED as distributed by MLS GRID #11759660 Report a problem
    4/14/2023Listed for sale$285,000-2.4%$309/sqft
    Source: MRED as distributed by MLS GRID #11759660 Report a problem
    4/12/2023Listing removed--
    Source: Zillow Rentals Report a problem
    4/3/2023Listed for rent$2,200+15.8%$2/sqft
    Source: Zillow Rentals Report a problem
    4/3/2023Listing removed--
    Source: MRED as distributed by MLS GRID #11666798 Report a problem
    2/28/2023Price change$292,000-6.4%$317/sqft
    Source: MRED as distributed by MLS GRID #11666798 Report a problem
    1/10/2023Price change$312,000-1%$338/sqft
    Source: MRED as distributed by MLS GRID #11666798 Report a problem
    11/4/2022Listed for sale$315,000+15650%$342/sqft
    Source: MRED as distributed by MLS GRID #11666798 Report a problem
    3/12/2021Sold$2,000-99.3%$2/sqft
    Source: Agent Provided Report a problem
    1/12/2021Listing removed--
    Source: MRED as distributed by MLS GRID Report a problem
    1/5/2021Listed for rent$1,900$2/sqft
    Source: MRED as distributed by MLS GRID #10963666 Report a problem
    5/27/2020Sold$306,000-4.3%$332/sqft
    Source: MRED as distributed by MLS GRID #10641166 Report a problem
    4/2/2020Pending sale$319,900$347/sqft
    Source: Berkshire Hathaway HomeServices Chicago #10641166 Report a problem
    3/19/2020Price change$319,900-1.5%$347/sqft
    Source: Berkshire Hathaway HomeServices Chicago #10641166 Report a problem
    2/19/2020Listed for sale$324,900+10.9%$352/sqft
    Source: Berkshire Hathaway HomeServices Chicago #10641166 Report a problem
    9/5/2006Sold$293,000$318/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$5,620 -2.6%$27,873 +2.3%
    2023$5,769 +2.6%$27,255
    2022$5,623 +2.3%$27,255
    2021$5,497 +24.3%$27,255 +18.7%
    2020$4,424 +2.1%$22,961 -8.2%
    2019$4,334 +1.7%$25,001
    2018$4,260 +42.7%$25,001 +45%
    2017$2,986 +1.1%$17,244
    2016$2,954 +10.2%$17,244
    2015$2,679 +10.3%$17,244 +10.1%
    2014$2,429 +2.5%$15,661
    2013$2,370 +0.3%$15,661
    2012$2,363 -24.7%$15,661 -26.8%
    2011$3,139 -1.4%$21,390
    2010$3,185 -5.3%$21,390 -8.4%
    2009$3,364 -3.1%$23,354 -10.3%
    2008$3,470 -3.2%$26,037 -2.9%
    2007$3,586 $26,827
    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
    $310,200
    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
    $310,200