1631 S Michigan Avenue Unit 401
Chicago, IL 60616
- 2 beds
- 2 baths
- 1,250 sqft
- $360 per sqft
- – on site
Charming Tandem Lofts Condo with Character & Style and million-dollar views of the Loop! Welcome to your dream home in the heart of the city! This stunning Tandem Lofts unit blends historic charm with modern amenities. Featuring an exposed brick main entry, gleaming hardwood floors, a cozy living room fireplace, and soaring 12-foot ceilings, this condo is the perfect blend of comfort and character. The open-concept kitchen is a chef's delight with beautiful granite countertops, a spacious granite island, and high-end stainless steel appliances, complemented by 42" cabinets for ample storage. The large second bedroom offers versatility, whether you need a guest room, home office, or personal retreat. The building itself exudes timeless appeal with its classic brick facade and elegant curved entrance foyer with a gallery. Additional tall storage space is included, and garage parking #9 is available at full price offers, with rental options from fellow building owners (subject to availability). With strong reserves and no special assessments on the books, this is a great opportunity for peace of mind in a well-maintained building. HOA covers all unities and maintenance, except electricity. Don't miss out on this unique blend of historic charm and modern luxury - make it yours today!
Last checked:
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Last updated Apr 16, 2025
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MLS# 12334206 —
The Building
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Rebuilt:No
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New Construction:false
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Construction Materials:Brick
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Basement:None
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Exterior Features:Balcony, Door Monitored By TV
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Disability Access:No
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Other Equipment:TV-Cable, Intercom, CO Detectors, Ceiling Fan(s)
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Stories Total:4
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Living Area Source:Estimated
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Entry Level:4
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Common Walls:End Unit
Interior
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Room Type:No additional rooms
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Rooms Total:5
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Interior Features:Storage
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Fireplaces Total:1
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Fireplace Location:Living Room
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Laundry Features:Washer Hookup
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Flooring:Hardwood
Room Dimensions
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Living Area:1250
Location
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Directions:Michigan Ave. south to 16th St.
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Location:4450
The Property
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Parcel Number:17223020511032
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Property Type:Residential
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Lot Features:Common Grounds
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Lot Size Dimensions:COMMON
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Waterfront:false
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Additional Parcels:false
Listing Agent
- Contact info:
- Agent phone:
- (847) 502-6299
- Office phone:
- (847) 716-6969
Taxes
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Tax Year:2023
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Tax Annual Amount:4740.99
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:List Broker Must Accompany
Heating & Cooling
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Heating:Natural Gas, Radiant
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Cooling:Central Air
Utilities
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Sewer:Public Sewer
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Water Source:Lake Michigan
Appliances
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Appliances:Range, Dishwasher, Refrigerator, Washer, Dryer, Disposal
Schools
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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:Bike Room/Bike Trails, Elevator(s), Storage
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Association Fee:600
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Association Fee Includes:Heat, Water, Gas, Parking, Insurance, TV/Cable, Exterior Maintenance, Scavenger, Snow Removal, Internet
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Association Fee Frequency:Monthly
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Master Assoc Fee Frequency:Monthly
Parking
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Parking Features:Side Driveway, On Site, Attached, Garage
Monthly cost estimate
Asking price
$450,000
| 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. |
$2,409
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| Taxes | $395 |
| Insurance | $123 |
| HOA fees | $600 |
| Utilities | N/A |
| Total | $3,527/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).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
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4/9/25
Apr 9, 2025
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Listed / Active | MRED | $450,000 | 37.2% (6.3% / YR) |
|
5/22/19
May 22, 2019
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MRED | $328,000 |
39% of nearby similar homes sold for over asking price
Similar homes that sold in bidding wars went $20k above asking price on average, but some went as high as $46k over asking price.
