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    • Price cut: $10K (7/23)
    $269,900

    1631 S Michigan Ave APT 502, Chicago, IL 60616

    1beds
    900sqft
    : 
    $2,518/mo
    Get pre-qualified
    Condominium, Single Family Residence
    Built in ----
    -- sqft lot
    $268,800 Zestimate®
    $300/sqft
    $468/mo HOA

    What's special

    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.
    3 hours
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    59
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    8
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    Zillow last checked:

    Listing updated:

    Listed by:

    Lisa Foster 312-804-3465,

    @properties Christie's International Real Estate

    Source: MRED as distributed by MLS GRID,MLS#: 12713287MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 1
      • Bathrooms: 1
      • Full bathrooms: 1
      Rooms
      • Room types: No additional rooms
      Primary bedroom
      • Features: Flooring (Carpet)
      • Level: Main
      • Area: 182 Square Feet
      • Dimensions: 14X13
      Dining room
      • Features: Flooring (Hardwood)
      • Level: Main
      • Dimensions: COMBO
      Kitchen
      • Features: Kitchen (Eating Area-Breakfast Bar, Island, SolidSurfaceCounter, Updated Kitchen), Flooring (Hardwood)
      • Level: Main
      • Area: 110 Square Feet
      • Dimensions: 10X11
      Laundry
      • Level: Main
      • Area: 12 Square Feet
      • Dimensions: 4X3
      Living room
      • Features: Flooring (Hardwood)
      • Level: Main
      • Area: 280 Square Feet
      • Dimensions: 20X14
      Heating
      • Natural Gas, Forced Air
      Cooling
      • Central Air
      Appliances
      • Included: Range, Microwave, Dishwasher, Refrigerator, High End Refrigerator, Washer, Dryer, Stainless Steel Appliance(s)
      • Laundry: Main Level, Washer Hookup, In Unit, Laundry Closet
      Features
      • 1st Floor Bedroom, 1st Floor Full Bath, Storage, Built-in Features, Walk-In Closet(s), Dining Combo
      • Flooring: Hardwood
      • Basement: None
      • Number of fireplaces: 1
      • Fireplace features: Gas Starter, Living Room
      Interior area
      • Total structure area: 0
      • Total interior livable area: 900 sqft

      Property

      Parking
      • Total spaces: 1
      • Parking features: Assigned, Yes, Owned
      Accessibility
      • Accessibility features: No Disability Access
      Features
      • Exterior features: Balcony
      Details
      • Parcel number: 17223020511043
      • Special conditions: List Broker Must Accompany

      Construction

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

      Utilities & green energy

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

      Community & HOA

      HOA
      • Has HOA: Yes
      • Amenities included: Bike Room/Bike Trails, Elevator in Residence, Storage
      • Services included: Heat, Water, Gas, Insurance, Security, Cable TV, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Internet
      • HOA fee: $468 monthly
      Location
      • Region: Chicago

      Financial & listing details

      • Price per square foot: $300/sqft
      • Tax assessed value: $224,380
      • Annual tax amount: $3,822
      • Date on market: 7/23/2026
      • Ownership: Condo

        Estimated market value

        $268,800

        $255,000 - $282,000

        $2,057/mo

        Price history

        DateEventPrice
        7/23/2026Price change$269,900-3.6%$300/sqft
        Source: MRED as distributed by MLS GRID #12713287 Report a problem
        7/2/2026Listed for sale$279,900$311/sqft
        Source: MRED as distributed by MLS GRID #12684246 Report a problem
        6/29/2026Pending sale$279,900$311/sqft
        Source: MRED as distributed by MLS GRID #12684246 Report a problem
        6/22/2026Listed for sale$279,900+43.5%$311/sqft
        Source: MRED as distributed by MLS GRID #12684246 Report a problem
        6/30/2021Sold$195,000-2%$217/sqft
        Source: MRED as distributed by MLS GRID #11062411 Report a problem
        5/12/2021Contingent$199,000$221/sqft
        Source: MRED as distributed by MLS GRID #11062411 Report a problem
        4/22/2021Price change$199,000+26.8%$221/sqft
        Source: MRED as distributed by MLS GRID #11062411 Report a problem
        2/5/2011Listed for sale$157,000-50.2%$174/sqft
        Source: Postlets Report a problem
        11/18/2010Listing removed$315,000$350/sqft
        Source: Coldwell Banker #07059144 Report a problem
        10/22/2010Price change$315,000+5.4%$350/sqft
        Source: Coldwell Banker #07059144 Report a problem
        9/7/2010Price change$299,000-5.1%$332/sqft
        Source: Coldwell Banker #07059144 Report a problem
        5/22/2010Listed for sale$315,000$350/sqft
        Source: Coldwell Banker #07059144 Report a problem
        4/4/2010Listing removed$315,000$350/sqft
        Source: Coldwell Banker #07059144 Report a problem
        2/4/2010Listed for sale$315,000-13.6%$350/sqft
        Source: Coldwell Banker #07059144 Report a problem
        8/8/2009Listing removed$364,500$405/sqft
        Source: Coldwell Banker #07059144 Report a problem
        6/2/2009Price change$364,500-0.1%$405/sqft
        Source: Coldwell Banker #07059144 Report a problem
        5/15/2009Price change$365,000+7.4%$406/sqft
        Source: Coldwell Banker #07059144 Report a problem
        3/13/2009Listed for sale$340,000$378/sqft
        Source: Postlets #07059144 Report a problem
        2/7/2009Listing removed$340,000$378/sqft
        Source: Postlets #07059144 Report a problem
        11/6/2008Listed for sale$340,000-14.7%$378/sqft
        Source: Postlets #07059144 Report a problem
        5/1/2008Listing removed$398,500$443/sqft
        Source: Postlets #06543449 Report a problem
        4/25/2008Listed for sale$398,500+112.5%$443/sqft
        Source: Postlets #06543449 Report a problem
        10/10/2001Sold$187,500+48.8%$208/sqft
        Source: Public Record Report a problem
        6/17/1999Sold$126,000$140/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024-- $22,438 +12.2%
        2023$3,532 +3.2%$19,999
        2022$3,421 -15.2%$19,999
        2021$4,034 -0.4%$19,999 +10%
        2020$4,051 +1.8%$18,185 -8.2%
        2019$3,978 +1.7%$19,800
        2018$3,911 +7.3%$19,800 +17%
        2017$3,644 +7.5%$16,926
        2016$3,390 +9.3%$16,926
        2015$3,102 +8.3%$16,926 +9.6%
        2014$2,864 +2%$15,437
        2013$2,808 +1.4%$15,437
        2012$2,770 -18.8%$15,437 -26.7%
        2011$3,410 -0.4%$21,046
        2010$3,425 +4.4%$21,046
        2009$3,282 +52.8%$21,046 +40.6%
        2008$2,148 -1.4%$14,972 -2.4%
        2007$2,179 -1.1%$15,341
        2006$2,202 +2.1%$15,341 +16.2%
        2005$2,157 +1%$13,202
        2004$2,135 +2.2%$13,202
        2003$2,089 -4.1%$13,202 +8.9%
        2002$2,179 +3.7%$12,128
        2001$2,100 $12,128
        2000-- $12,128
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: South Loop

        Getting around

        94 / 100
        Walker's Paradise
        84 / 100
        Excellent Transit
        91 / 100
        Biker's Paradise

        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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