1631 S Michigan Avenue #502
Chicago, IL, 60616
$269,900
1 Beds
1 Baths
900 SqFt
0 Acres
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$269,900
1631 S Michigan Avenue #502
Chicago, IL, 60616
MLS #MRD12713287 image #0MLS #MRD12713287 image #1MLS #MRD12713287 image #2MLS #MRD12713287 image #3MLS #MRD12713287 image #4MLS #MRD12713287 image #5MLS #MRD12713287 image #6MLS #MRD12713287 image #7MLS #MRD12713287 image #8MLS #MRD12713287 image #9MLS #MRD12713287 image #10MLS #MRD12713287 image #11MLS #MRD12713287 image #12MLS #MRD12713287 image #13
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.

Property Details

Price:
$269,900
MLS #:
MRD12713287
Status:
Active
Beds:
1
Baths:
1
Type:
Condo
Neighborhood:
chinearsouthside
Listed Date:
Jul 23, 2026
Finished Sq Ft:
900
Parking TotalChi – Near South SideChinearsouthside

Schools

School District:
299

Interior

Appliances
Range, Microwave, Dishwasher, Refrigerator, High End Refrigerator, Washer, Dryer, Stainless Steel Appliance(s)
Bathrooms
1 Full Bathroom
Cooling
Central Air
Fireplaces Total
1
Flooring
Hardwood
Heating
Natural Gas, Forced Air
Interior Features
1st Floor Bedroom, 1st Floor Full Bath, Storage, Built-in Features, Walk-In Closet(s), Dining Combo
Laundry Features
Main Level, Washer Hookup, In Unit, Laundry Closet

Exterior

Association Amenities
Bike Room/Bike Trails, Elevator in Residence, Storage
Construction Materials
Brick
Exterior Features
Balcony
Parking Features
Assigned, Yes, Owned
Parking Spots
1
Parking Total
1

Financial

HOA Fee
$468
HOA Fee Frequency
Monthly
HOA Includes
Heat, Water, Gas, Insurance, Security, TV/Cable, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Internet
Tax Year
2024
Taxes
$3,822
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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 05, 2026
3,264
Condo Listed
60
Avg DOM
380
Avg $ / SqFt
$640,481
Avg List Price

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Property Summary

    1631 S Michigan Avenue #502 Chicago IL is a Condo for sale in Chicago, IL, 60616. It is listed for $269,900 and features 1 beds, 1 baths, and has approximately 900 square feet of living space.The current price per square foot is $300. The average price per square foot for Condo listings in Chicago is $380. The average listing price for Condo in Chicago is $640,481. To schedule a showing of MLS#mrd12713287 at 1631 S Michigan Avenue #502 in Chicago, IL, contact your Compass | Debra Dobbs | The Dobbs Group agent at 3123074909.
1631 S Michigan Avenue #502
Chicago, IL