1617 S Michigan Avenue #202
Chicago, IL, 60616
$389,000
2 Beds
1 Baths
1,800 SqFt
0 Acres
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$389,000
1617 S Michigan Avenue #202
Chicago, IL, 60616
MLS #MRD12500361 image #0MLS #MRD12500361 image #1MLS #MRD12500361 image #2MLS #MRD12500361 image #3MLS #MRD12500361 image #4MLS #MRD12500361 image #5MLS #MRD12500361 image #6MLS #MRD12500361 image #7MLS #MRD12500361 image #8MLS #MRD12500361 image #9MLS #MRD12500361 image #10MLS #MRD12500361 image #11MLS #MRD12500361 image #12MLS #MRD12500361 image #13
Discover this rare timber and brick loft in the vibrant South Loop neighborhood of Chicago, offering a perfect blend of historic charm and modern living. Located at 1617 S Michigan Ave, this unique 1,800 sq ft condo in the Studebaker Corner Lofts combines original architectural features with contemporary updates, making it a standout in today’s market. Originally a Studebaker showroom, this spacious, two-bedroom+den loft boasts stunning barrel ceilings, a massive light monitor that floods the space with natural light, and beautiful original hardwood floors. The adaptable layout provides limitless possibilities for customization, ideal for those seeking a creative, open-concept home. Key features include an updated bathroom with a stylish vanity, an in-unit stackable washer and dryer, and a well-appointed open kitchen with a large peninsula and gas range-perfect for entertaining. The generous living area offers plenty of room for both relaxing and hosting guests. Enjoy outdoor parking for one vehicle included in the sale and a welcoming community of homeowners who appreciate the loft’s unique character. Located just steps from downtown Chicago, this home provides easy access to the best of the South Loop, including Millennium Park, Museum Campus, Grant Park, and numerous dining, shopping, and entertainment options-all in a lively, walkable neighborhood. Additional amenities include centralized air conditioning, a service elevator, and low monthly HOA dues of approximately $420, covering water, building maintenance, snow removal, and more. No rental restrictions make this an excellent opportunity whether you’re looking to buy your dream home or an investment property. Don’t miss this chance to own a piece of Chicago history in one of the city’s most sought-after neighborhoods. Schedule your visit today and make this exceptional loft yours!

Property Details

Price:
$389,000
MLS #:
MRD12500361
Status:
Active
Beds:
2
Baths:
1
Type:
Condo
Neighborhood:
chinearsouthside
Listed Date:
Oct 21, 2025
Finished Sq Ft:
1,800
Parking TotalChi – Near South SideChinearsouthside

Schools

School District:
299

Interior

Appliances
Range, Microwave, Dishwasher, Refrigerator
Bathrooms
1 Full Bathroom
Cooling
Central Air
Heating
Natural Gas
Laundry Features
In Unit

Exterior

Association Amenities
Service Elevator(s)
Construction Materials
Brick
Parking Features
Off Street, Yes, Owned
Parking Spots
1

Financial

HOA Fee
$421
HOA Frequency
Monthly
HOA Includes
Water, Parking, Insurance, Exterior Maintenance, Scavenger, Snow Removal
Tax Year
2023
Taxes
$7,948
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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 Nov 10, 2025
3,471
Condo Listed
66
Avg DOM
366
Avg $ / SqFt
$608,512
Avg List Price

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Property Summary

    1617 S Michigan Avenue #202 Chicago IL is a Condo for sale in Chicago, IL, 60616. It is listed for $389,000 and features 2 beds, 1 baths, and has approximately 1,800 square feet of living space.The current price per square foot is $216. The average price per square foot for Condo listings in Chicago is $366. The average listing price for Condo in Chicago is $608,512. To schedule a showing of MLS#mrd12500361 at 1617 S Michigan Avenue #202 in Chicago, IL, contact your Compass / The Debra Dobbs Group agent at 3123074909.
1617 S Michigan Avenue #202
Chicago, IL