1601 S Michigan Avenue #405
Chicago, IL, 60616
$220,000
1 Beds
1 Baths
0 SqFt
0 Acres
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$220,000
1601 S Michigan Avenue #405
Chicago, IL, 60616
MLS #MRD12707497 image #0MLS #MRD12707497 image #1MLS #MRD12707497 image #2MLS #MRD12707497 image #3MLS #MRD12707497 image #4MLS #MRD12707497 image #5MLS #MRD12707497 image #6MLS #MRD12707497 image #7MLS #MRD12707497 image #8MLS #MRD12707497 image #9MLS #MRD12707497 image #10MLS #MRD12707497 image #11MLS #MRD12707497 image #12MLS #MRD12707497 image #13MLS #MRD12707497 image #14MLS #MRD12707497 image #15MLS #MRD12707497 image #16MLS #MRD12707497 image #17MLS #MRD12707497 image #18MLS #MRD12707497 image #19MLS #MRD12707497 image #20MLS #MRD12707497 image #21MLS #MRD12707497 image #22MLS #MRD12707497 image #23MLS #MRD12707497 image #24MLS #MRD12707497 image #25MLS #MRD12707497 image #26MLS #MRD12707497 image #27MLS #MRD12707497 image #28MLS #MRD12707497 image #29MLS #MRD12707497 image #30MLS #MRD12707497 image #31MLS #MRD12707497 image #32
Experience urban living in this newly painted 4th-floor loft condo at 1601 S Michigan Ave #405. This 1-bedroom, 1-bathroom home features impressive 11-foot ceilings and charming exposed brick in the living room, which opens onto an attached, refinished balcony with a northern exposure. The living area is centered around a cozy, gas ventless fireplace. The kitchen is updated with modern appliances (mostly 2021/2022, with a 2017 refrigerator) and in-unit laundry. This secure building utilizes a Butterfly entry system and includes an exterior deeded parking space in the price. Recent building updates include a 2023 roof overlay, and elevator and exterior improvements. Ideally located, this home is just blocks from the Red/Green lines and the Metra station, offering easy access to the Museum Campus, Lake Shore Drive, I-55, and I-90/94, as well as an array of neighborhood restaurants and bars.

Property Details

Price:
$220,000
MLS #:
MRD12707497
Status:
Active Under Contract
Beds:
1
Baths:
1
Type:
Condo
Neighborhood:
chinearsouthside
Listed Date:
Jul 23, 2026
Year Built:
1990
Parking TotalChi – Near South SideChinearsouthside

Schools

School District:
299

Interior

Bathrooms
1 Full Bathroom
Cooling
None
Fireplaces Total
1
Heating
Natural Gas

Exterior

Construction Materials
Brick
Parking Features
Yes, Owned
Parking Spots
1
Parking Total
1

Financial

HOA Fee
$376
HOA Fee Frequency
Monthly
HOA Includes
Water, Insurance, TV/Cable, Scavenger, Internet
Tax Year
2024
Taxes
$3,367
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Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.

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Current real estate data for Condo in Chicago as of Aug 10, 2026
3,315
Condo Listed
60
Avg DOM
378
Avg $ / SqFt
$634,013
Avg List Price

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Property Summary

    1601 S Michigan Avenue #405 Chicago IL is a Condo for sale in Chicago, IL, 60616. It is listed for $220,000 and features 1 beds, 1 baths, and has approximately 0 square feet of living space, and was originally constructed in 1990. The average price per square foot for Condo listings in Chicago is $378. The average listing price for Condo in Chicago is $634,013. To schedule a showing of MLS#mrd12707497 at 1601 S Michigan Avenue #405 in Chicago, IL, contact your Compass | Debra Dobbs | The Dobbs Group agent at 3123074909.
1601 S Michigan Avenue #405
Chicago, IL