1601 S Michigan Avenue Unit 502
Chicago, IL 60616
- 2 beds
- 2 baths
- 1,400 sqft
- $356 per sqft
- 1925 build
- – on site
Not your cookie cutter loft. This stunning 2-bedroom, 2-bathroom condo nestled in a prime Chicago South Loop with North facing views features 1,400 square feet of thoughtfully designed space, this modern midrise unit that offers a blend of contemporary updates and urban charm. Step inside to be greeted by tall ceilings that enhance the open and airy atmosphere. The fully updated kitchen is the organized chef's dream, featuring sleek stainless steel appliances, gas range, fully integrated dishwasher, and pull out pantry, all beautifully complemented by modern lighting and fixtures and oversized island. The expansive living area showcases exposed brick and a cozy fireplace, seamlessly flowing onto one of two private balconies-ideal for unwinding or entertaining guests. The massive primary bedroom is a true retreat, offering ample space and access to a private balcony, walk in closest and ensuite. Both bathrooms are elegantly appointed with modern fixtures and finishes. Hardwood floors run throughout, adding warmth and modernization to every room. Rare offering of both garage parking, and guest parking. Storage area ensures ample room for all your belongings. Deeded garage parking sold separately for $30,000. Don't miss the opportunity to make this exceptional space your own.
Last checked:
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Last updated Mar 8, 2025
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MLS# 12286439 —
The Building
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Year Built:1925
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Rebuilt:No
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New Construction:false
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Basement:None
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Foundation Details:Concrete Perimeter
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Exterior Features:Balcony, Outdoor Grill
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Disability Access:No
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Stories Total:6
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Living Area Source:Plans
Interior
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Room Type:Balcony/Porch/Lanai
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Rooms Total:5
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Interior Features:Cathedral Ceiling(s), Hardwood Floors
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Fireplaces Total:1
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Fireplace Features:Gas Log, Gas Starter
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Fireplace Location:Family Room
Room Dimensions
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Living Area:1400
Location
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Directions:Michigan Ave to 16th Street. Building is on the SE Corner of 16th St & Michigan Ave
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Location:87121
The Property
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Parcel Number:17223020521036
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Property Type:Residential
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Lot Size Dimensions:COMMON
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Waterfront:false
Listing Agent
- Contact info:
- Agent phone:
- (847) 602-3228
- Office phone:
- (773) 466-7150
Taxes
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Tax Year:2023
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Tax Annual Amount:9954.79
Beds
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Bedrooms Total:2
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Bedrooms Possible:2
Baths
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Baths:2
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Full Baths:2
The Listing
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Special Listing Conditions:None
Heating & Cooling
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Heating:Natural Gas, Forced Air
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Cooling:Central Air
Utilities
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Sewer:Public Sewer
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Electric:Circuit Breakers
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Water Source:Lake Michigan, Public
Appliances
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Appliances:Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
Schools
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Elementary School:South Loop Elementary School
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Elementary School District:299
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Middle Or Junior School District:299
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High School District:299
The Community
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Pets Allowed:Cats OK, Dogs OK
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Association Amenities:Elevator(s), Storage, Security Door Lock(s)
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Association Fee:638
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Association Fee Includes:Water, Insurance, TV/Cable, Internet
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Association Fee Frequency:Monthly
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Master Assoc Fee Frequency:Not Required
Parking
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Parking Total:1
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Garage Type:Detached
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Garage Spaces:1
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Garage Onsite:No
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Garage Ownership:Deeded Sold Separately
Monthly cost estimate
Asking price
$499,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$2,671
|
| Taxes | $829 |
| Insurance | $137 |
| HOA fees | $638 |
| Utilities | $158 See report |
| Total | $4,433/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
3/7/25
Mar 7, 2025
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Listed / Active | MRED | $499,000 | 18.8% (2.3% / YR) |
|
3/3/17
Mar 3, 2017
|
MRED | $420,000 |
