$269,900
 $1,449 est/mo Sourced by Back At You

1631 S Michigan Avenue 502,Chicago, IL 60616

Chicago, IL 60616

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Description

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.

Details

MLS #12713287
Listing TypeFor Sale
StyleCondominium
HOA Dues$468
Sub-TypeResale
StatusActive Under Contract
Days On Site49
Listing Provided By@properties Christie's International Real Estate | Lisa Foster

Features

Bed(s)1
Bath(s) 1 Total
SQ Feet900
Story(s)6

Interior

Rooms Total4
CoolingCentral Air
HeatingNatural Gas, Forced Air
Interior Features1st Floor Bedroom, 1st Floor Full Bath, Storage, Built-in Features, Walk-In Closet(s), Dining Combo
AppliancesRange, Microwave, Dishwasher, Refrigerator, High End Refrigerator, Washer, Dryer, Stainless Steel Appliance(s)
Fireplaces Total1
Fireplace FeaturesGas Starter
Laundry FeaturesMain Level, Washer Hookup, In Unit, Laundry Closet

Exterior

Exterior FeaturesBalcony
Construction MaterialsBrick

Parking

Parking FeaturesAssigned, Yes, Owned

Utilities

SewerPublic Sewer
ElectricCircuit Breakers

Taxes

Tax Year2024
Tax Annual Amount4107.8

Area Information

StateIL
CountyCook
CityChicago
Zip Code60616
AreaCHI Near South Side
Listing VS Median (in 60616)
Price:
$269,900
low | high
Med:
$275,000
48.110411263431% of Average
sqft:
900
low | high
Med:
902
49.777777777778% of Average
$ / sqft:
$300
low | high
Med:
$305
48.336330528922% of Average
On site:
49
low | high
Med:
58
84.48275862069% of Average
Sourced by Back At You

Market Activity 60616

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Learn More About This Property

StateIL
CountyCook
CityChicago
Zip Code60616
AreaCHI Near South Side
Listing VS Median (in 60616)
Price:
$269,900
low | high
Med:
$275,000
48.110411263431% of Average
sqft:
900
low | high
Med:
902
49.777777777778% of Average
$ / sqft:
$300
low | high
Med:
$305
48.336330528922% of Average
On site:
49
low | high
Med:
58
84.48275862069% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $202K - $337K
sqft: 675 - 1,000
Listing Updated: August 27, 2026 at 7:54:31 AM PDT