Prime South Loop Location at Tandem Lofts! This unique 2 bed 2 bath condo boasts a custom kitchen, open floor plan, and private balcony. The spacious master suite features a large walk-in closet and master bath. Includes in-unit washer/dryer and deeded outdoor parking. Monthly assessment covers parking, water, heat, gas, cable, and internet. Pet-friendly building. Investor friendly. Excellent access to CTA bus and L stop, grocery stores, restaurants, lakefront path, and top attractions like Museum Campus and Soldier Field. BRAND NEW FLOORING AND CARPET INSTALLED!
Closed
$332,500
1631 S Michigan Ave APT 505, Chicago, IL 60616
2beds
1,300sqft
Condominium, Single Family Residence
Built in 1911
-- sqft lot
$388,000 Zestimate®
$256/sqft
$3,130 Estimated rent
Home value
$388,000
$361,000 - $419,000
$3,130/mo
Zestimate® history
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List your homeWhat's special
Museum campusLarge walk-in closetPrivate balconyL stopBrand new flooringGrocery storesOpen floor plan
Zillow last checked:
Listing updated:
Listed by:
Samantha Gagni 847-722-5999,
Exit Realty Redefined,
Charles Acoba 630-248-9302,
Exit Realty Redefined
Bought with:
Eric Hu
Kale Realty
Source: MRED as distributed by MLS GRID,MLS#: 11955354
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: No additional rooms
Primary bedroom
- Features: Bathroom (Full)
- Level: Main
- Area: 198 Square Feet
- Dimensions: 18X11
Bedroom 2
- Level: Main
- Area: 140 Square Feet
- Dimensions: 14X10
Dining room
- Level: Main
- Dimensions: COMBO
Kitchen
- Level: Main
- Area: 170 Square Feet
- Dimensions: 17X10
Living room
- Level: Main
- Area: 400 Square Feet
- Dimensions: 25X16
Heating
- Natural Gas, Forced Air
Cooling
- Central Air
Appliances
- Laundry: In Unit
Features
- Walk-In Closet(s), Bookcases, Open Floorplan, Dining Combo, Lobby
- Basement: None
Interior area
- Total structure area: 0
- Total interior livable area: 1,300 sqft
Property
Parking
- Total spaces: 1
- Parking features: Assigned, On Site, Owned
Accessibility
- Accessibility features: No Disability Access
Features
- Exterior features: Balcony
Details
- Additional parcels included: 17223020511064
- Parcel number: 17223020511046
- Special conditions: None
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium, Single Family Residence
Materials
- Brick
Condition
- New construction: No
- Year built: 1911
Utilities & green energy
- Sewer: Public Sewer
- Water: Lake Michigan
Community & HOA
HOA
- Has HOA: Yes
- Services included: Heat, Water, Gas, Parking, Insurance, Cable TV, Exterior Maintenance, Scavenger, Snow Removal, Internet
- HOA fee: $627 monthly
Location
- Region: Chicago
Financial & listing details
- Price per square foot: $256/sqft
- Tax assessed value: $377,500
- Annual tax amount: $7,221
- Date on market: 1/9/2024
- Listing terms: Conventional
- Ownership: Condo
Price history
| Date | Event | Price |
|---|---|---|
| 3/14/2024 | Sold | $332,500-3.6%$256/sqft |
Source:  MRED as distributed by MLS GRID #11955354 Report a problem | ||
| 1/28/2024 | Contingent | $345,000$265/sqft |
Source: MRED as distributed by MLS GRID #11955354 Report a problem | ||
| 1/8/2024 | Listed for sale | $345,000$265/sqft |
Source: MRED as distributed by MLS GRID #11955354 Report a problem | ||
| 12/26/2023 | Listing removed | -- |
Source: MRED as distributed by MLS GRID #11822986 Report a problem | ||
| 10/2/2023 | Price change | $345,000-1.4%$265/sqft |
Source: MRED as distributed by MLS GRID #11822986 Report a problem | ||
| 8/14/2023 | Price change | $350,000-2.8%$269/sqft |
Source: MRED as distributed by MLS GRID #11822986 Report a problem | ||
| 7/5/2023 | Listed for sale | $360,000+5.9%$277/sqft |
Source: MRED as distributed by MLS GRID #11822986 Report a problem | ||
| 10/19/2022 | Listing removed | -- |
Source:  Exit Realty Report a problem | ||
| 7/19/2022 | Price change | $340,000-6.8%$262/sqft |
Source: MRED as distributed by MLS GRID #11378833 Report a problem | ||
| 6/9/2022 | Price change | $365,000-1.4%$281/sqft |
Source: MRED as distributed by MLS GRID #11378833 Report a problem | ||
| 4/28/2022 | Listed for sale | $370,000+58.5%$285/sqft |
Source: MRED as distributed by MLS GRID #11378833 Report a problem | ||
| 3/26/2021 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 2/19/2021 | Listed for rent | $2,500$2/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 1/26/2021 | Listing removed | -- |
Source: Zillow Rental Network_1 Report a problem | ||
| 1/13/2021 | Listed for rent | $2,500$2/sqft |
Source: Zillow Rental Network_1 #10969705 Report a problem | ||
| 4/30/2013 | Sold | $233,400+6.3%$180/sqft |
Source: MRED as distributed by MLS GRID #08280004 Report a problem | ||
| 3/22/2013 | Pending sale | $219,500$169/sqft |
Source: REO Plus, LLC #08280004 Report a problem | ||
| 2/28/2013 | Listed for sale | $219,500+7.3%$169/sqft |
Source: REO Plus, LLC #08280004 Report a problem | ||
| 8/13/1999 | Sold | $204,500$157/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $37,750 +11% |
| 2023 | $7,197 +2.6% | $33,999 |
| 2022 | $7,015 +2.3% | $33,999 |
| 2021 | $6,857 +0.6% | $33,999 +11.1% |
| 2020 | $6,816 +1.8% | $30,596 -8.2% |
| 2019 | $6,693 +1.7% | $33,314 |
| 2018 | $6,581 +7.3% | $33,314 +17% |
| 2017 | $6,130 +7.5% | $28,478 |
| 2016 | $5,704 +9.3% | $28,478 |
| 2015 | $5,219 +8.3% | $28,478 +9.6% |
| 2014 | $4,819 +2% | $25,972 |
| 2013 | $4,724 +1.4% | $25,972 |
| 2012 | $4,661 -18.8% | $25,972 -26.7% |
| 2011 | $5,738 -0.4% | $35,410 |
| 2010 | $5,762 +4.4% | $35,410 |
| 2009 | $5,522 +52.8% | $35,410 +40.6% |
| 2008 | $3,613 +13.1% | $25,190 -2.4% |
| 2007 | $3,194 +0.8% | $25,810 |
| 2006 | $3,169 -4.8% | $25,810 +16.2% |
| 2005 | $3,330 -7.3% | $22,211 |
| 2004 | $3,593 +2.2% | $22,211 |
| 2003 | $3,515 -4.1% | $22,211 +8.9% |
| 2002 | $3,666 +3.8% | $20,404 |
| 2001 | $3,533 | $20,404 |
| 2000 | -- | $20,404 |
Find assessor info on the county website
Neighborhood: South Loop
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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
$388,000
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Estimated market value
$388,000
- Illinois
- Cook County
- Chicago
- 60616
- South Loop
- 1631 S Michigan Ave Apartment 505
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