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1631 S Michigan Ave Unit 502 , Chicago, IL 60616
$269,900
Est. Payment: $1,458.05/mo
1 Bed
1 Bath
900 Sqft
Status: closed | Days on site: 34
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16379 - 123029,171503
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House 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.

Highlights

Listed by Lisa Foster , 312-804-3465 @properties Christie's International Real Estate , 312-254-0200. Midwest Real Estate Data mls logo

Property Type

Condo/Townhome

HOA Fee

468 Monthly

County

Cook

Area

CHI - Near South Side

School District

299

Listing ID

12713287

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:1
  • ▪ Bathrooms:1
  • ▪ Full Bathrooms:1
Appliances:Range, Microwave, Dishwasher, Refrigerator, High End Refrigerator, Washer, Dryer, Stainless Steel Appliance(s)
Air Cond:Central Air
Fireplaces:Gas Starter
Floor:Hardwood
Other:
  • ▪ Additional:1st Floor Bedroom, 1st Floor Full Bath, Storage, Built-in Features, Walk-In Closet(s), Dining Combo, Cats OK, Dogs OK
Water:Lake Michigan

Exterior Features

Lot Dimensions:COMMON
Garage Capacity:1
Others:
  • ▪ Additional:Balcony
Sewer:Public Sewer
Parking Features:Assigned,Yes,Owned
Principal Interest
$1,458
Taxes
$342
HOA
$468

Home Price

$269,900

Loan Details

30 yrs
7.148%

Down Payment

20%
$53,980
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:
$1,458.05

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $1,458.05 $342.32 $468.00 $2,268.36
Yearly $17,496.56 $4,107.80 $5,616.00 $27,220.36
Total $524,896.75 $123,234.00 $168,480.00 $816,610.75
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Chico Gordy
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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: 2026-11-02T19:27:07.000Z

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