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1631 S Michigan Ave Unit 402 , Chicago, IL 60616
$278,000
Est. Payment: $1,517.16/mo
1 Bed
1 Bath
850 Sqft
Status: price change | Days on site: 36
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House Description

Beautiful, sun-filled loft in the highly sought-after Tandem Lofts! This rarely available 1-bedroom, 1-bath residence features an extra-wide floor plan, soaring 13-foot ceilings, and authentic loft character throughout. The spacious layout offers a generous bedroom suite, a walk-in closet, and the convenience of an in-unit washer and dryer. The inviting living area is anchored by a cozy fireplace, while engineered hardwood floors add warmth and sophistication. The chef's kitchen is designed for both everyday living and entertaining, featuring a large island, abundant pantry storage, and granite countertops. Step outside to the expansive private terrace-an ideal space for relaxing, dining al fresco, or hosting guests. Additional highlights include a beautifully renovated bathroom, ample storage, and a thoughtfully designed floor plan that maximizes both comfort and functionality. Ideally situated in the heart of the South Loop, this home is just steps from Lake Michigan, Mariano's, public transportation, museums, Soldier Field, restaurants, and one of the city's premier dog parks. Enjoy the best of urban living in a well-managed building with an unbeatable location and exceptional convenience.

Highlights

Listed by Oksana Chura , 847-502-6299 North Shore Prestige Realty , 847-716-6969. Midwest Real Estate Data mls logo

Property Type

Condo/Townhome

HOA Fee

500 Monthly

County

Cook

Area

CHI - Near South Side

School District

299

Listing ID

12763699

Questions about this listing?

Contact Agent

Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:1
  • ▪ Bathrooms:1
  • ▪ Full Bathrooms:1
Air Cond:Central Air
Fireplaces:
Other:
  • ▪ Additional:Cats OK, Deposit Required
Water:Lake Michigan

Exterior Features

Lot Dimensions:COMMON
Garage Capacity:0
Sewer:Public Sewer
Principal Interest
$1,517
Taxes
$391
HOA
$500

Home Price

$278,000

Loan Details

30 yrs
7.25%

Down Payment

20%
$55,600
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,517.16

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $1,517.16 $390.89 $500.00 $2,408.05
Yearly $18,205.92 $4,690.67 $6,000.00 $28,896.59
Total $546,177.62 $140,720.10 $180,000.00 $866,897.72
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Master Chief
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Market insight data is pulled from the same city as the listing being viewed (Chicago, IL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information submitted to the MRED as of the date listed below. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers' personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time.

Based on information submitted to the MLS GRID as of the date listed below. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers' personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability. Some listings have been excluded from this website.

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Data last updated: 2026-10-27T08:59:06.000Z

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