1601 S MICHIGAN Avenue #502
Chicago, IL, 60616
$475,000
2 Beds
2 Baths
1,400 SqFt
0 Acres
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$475,000
1601 S MICHIGAN Avenue #502
Chicago, IL, 60616
MLS #MRD12581530 image #0MLS #MRD12581530 image #1MLS #MRD12581530 image #2MLS #MRD12581530 image #3MLS #MRD12581530 image #4MLS #MRD12581530 image #5MLS #MRD12581530 image #6MLS #MRD12581530 image #7MLS #MRD12581530 image #8MLS #MRD12581530 image #9MLS #MRD12581530 image #10MLS #MRD12581530 image #11MLS #MRD12581530 image #12MLS #MRD12581530 image #13MLS #MRD12581530 image #14MLS #MRD12581530 image #15MLS #MRD12581530 image #16MLS #MRD12581530 image #17MLS #MRD12581530 image #18MLS #MRD12581530 image #19
Not your cookie cutter loft. This stunning combined 2 units to one offers 2-bedroom, 2-bathroom condo nestled in a prime Chicago South Loop. Enjoy North facing views from one of your 2 balconies in this 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.

Property Details

Price:
$475,000
MLS #:
MRD12581530
Status:
Active Under Contract
Beds:
2
Baths:
2
Type:
Condo
Neighborhood:
chinearsouthside
Listed Date:
Mar 6, 2026
Finished Sq Ft:
1,400
Year Built:
1925
Parking TotalChi – Near South SideChinearsouthsideSouth Loop Elementary School

Schools

School District:
299
Elementary School:
South Loop Elementary School

Interior

Appliances
Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
Bathrooms
2 Full Bathrooms
Cooling
Central Air
Fireplaces Total
1
Flooring
Hardwood
Heating
Natural Gas, Forced Air
Interior Features
Cathedral Ceiling(s)

Exterior

Association Amenities
Elevator(s), Storage, Security Door Lock(s)
Construction Materials
Brick
Exterior Features
Balcony, Outdoor Grill
Garage Spaces
1
Parking Features
Garage Door Opener, Off Site, Deeded, Detached, Garage
Parking Spots
1
Parking Total
1

Financial

HOA Fee
$719
HOA Fee Frequency
Monthly
HOA Includes
Water, Insurance, TV/Cable, Internet
Tax Year
2023
Taxes
$9,955
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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 Apr 04, 2026
3,260
Condo Listed
58
Avg DOM
375
Avg $ / SqFt
$628,404
Avg List Price

Community

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Property Summary

    1601 S MICHIGAN Avenue #502 Chicago IL is a Condo for sale in Chicago, IL, 60616. It is listed for $475,000 and features 2 beds, 2 baths, and has approximately 1,400 square feet of living space, and was originally constructed in 1925. The current price per square foot is $339. The average price per square foot for Condo listings in Chicago is $375. The average listing price for Condo in Chicago is $628,404. To schedule a showing of MLS#mrd12581530 at 1601 S MICHIGAN Avenue #502 in Chicago, IL, contact your Compass | Debra Dobbs | The Dobbs Group agent at 3123074909.
1601 S MICHIGAN Avenue #502
Chicago, IL