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$999,000 Just Listed
Property Description
Spectacular penthouse duplex loft with stunning, skyline views in the heart of Chicago's vivacious South Loop neighborhood! Gut rehabbed in 2017, the owners reimagined the space, creating a home that is as vibrant as it is chic. Upon entry, an elevated entry foyer highlights the soaring, 14 ft timber beamed ceilings. A few steps down into the living space, exposed brick, an open floor plan, flawless hardwood floors, and giant windows help create a cool, yet relaxed vibe throughout the residence. The spacious living / dining area features a two-sided Napoleon BHD4PG Peninsula w/ fire glass fireplace and access to a 29ft balcony showcasing stunning, north-facing views. The living space flows seamlessly into an impressive cook's kitchen featuring Azul Imperial Quartzite countertops, Koak Design (Netherlands imported) Island wood cabinets / Dover white shaker wall cabinets, a Rockler Rolling ladder for high cabinets & storage, custom tile backsplash, an oversized island with breakfast bar illuminated by Elida Antique Brass Island pendant lights, and top-of-the-line Viking appliances. The primary suite enjoys the other side of the two-sided fireplace along with an abundance of natural light, an Emerson ceiling fan, custom designed walk-in closet with Red Elm Slab Closet door, and a luxurious ensuite bath with a steam shower and Hans Grohe Axor brushed nickel overhead rain shower, handheld wand and regular showerhead, Columbia double sink bathroom vanity, Dual Grohe Faucets- Aeropure, Kohler toilet, and a 72x36 Lighted vanity mirror. A graciously sized second bedroom clad in exposed brick walls enjoys an exquisitely appointed ensuite bath with Kohler Chrome Tub/Shower trim & toilet, Black Aluminum glass partition, and 24 x 32 Dimmable light in mirror. A laundry closet with stackable Whirlpool washer and dryer. Upstairs you will find a second level, a new addition and private roof deck added to the property in 2021. The stairway is lit by a Gravity chandelier by Forestier. At the top of the stairs, a family room awaits complete with a wet bar with and Abosi wine/beverage fridge, refrigerator and freezer drawers, Redrock Verge Hex Tess backsplash tile, Majestic 3cm Quartzite countertops, a Brizo kitchen faucet pulldown, and Crystorama Calypso Mini Chandelier. A wall of floor-to-ceiling windows slides open and leads to a 714 SQFT private roof deck - a true urban oasis with incredible skyline views. This home is the perfect place both to entertain on a large scale as well as live comfortably with many serene spaces to relax and unwind. The second level also features a third bedroom with white, brick walls and timber ceilings and a full bath with Kohler Chrome Shower trim, Concrete floor tile, and a unique wall-hung sink. One deeded parking space included in the price. Ideally situated within close proximity to the lake, parks, playgrounds, Soldier Field, Museum Campus, schools, and public transportation.
Full Property Details
Full Property Details for 1601 S Indiana Ave #503
General
- Price: $999,000
- HOA FEE: $465/month
- Taxes: $13,638 (2024)
- Status: Active
- Type: Condo
- Source: MRED
- MLS ID: 12663313
- Updated: Today (5/31/2026)
- Added to Site: Today
Interior
- Basement: None
- Interior Features: Walk-In Closet(s)
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Living Room, Master Bedroom, Double Sided
- Appliances: Range, Microwave, Dishwasher, Refrigerator, Bar Fridge, Freezer, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Wine Refrigerator, Range Hood
- Flooring: Hardwood
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
- Bathroom Features: Double Sink
Bedrooms
- Total Bedrooms: 3
Additional Information
- Shared Amenities: Bike Room/Bike Trails, Elevator in Residence, Storage
Exterior
- Exterior Features: Balcony, Roof Deck
Parking
- Total Spaces: 1
- Parking Features: Yes, Owned
Location
- Area: CHI - Near South Side
- County: Cook
- Township: South Chicago
- Driving Directions: ROOSEVELT TO INDIANA, SOUTH TO 1601
School Information
- School District: 299
- Elem School District: 299
- Midd School District: 299
- High School District: 299
- Elementary School: South Loop Elementary School
- Middle School: South Loop Elementary School
- High School: Phillips Academy High School
- Private School: Phillips Academy High School
Community
- Assoc. Fees Include: Water, Parking, Insurance, Exterior Maintenance, Scavenger, Snow Removal, Internet
- Pets Allowed: Yes
- Pets: Cats OK, Dogs OK
- Pet Restrictions: Cats OK, Dogs OK, / 100lbs.
- Mgmt. Company: Forth Group
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Lake Michigan
Structural Information
- Structure Type: Condo/Loft
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: None
- Sub-Flooring: Hardwood
- Entry Floor Number: 5
- Stories/Levels: 5
- Square Feet: 1,727
- Sq. Ft. Source: Plans
- Year Built: 1995
Unit Information
- Units in Building: 64
Lot Features
- Lot Dimensions: Common
Animals
- Animals Allowed: Cats OK, Dogs OK
Financial Considerations
- Association Fee: $465
- Assoc Fee Freq.: Monthly
- Parking Included: Yes
- Assessment Year: 1995
- Tax Amount: $13,638.24
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Condo
- Special Conditions: List Broker Must Accompany
- Property ID: 17223030311127
Listed by @properties Christie's International Real Estate
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Schools
Schools serving 1601 S Indiana Ave #503
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
South Loop Elementary School 1212 South Plymouth Court, Chicago, IL 60605 | PK-8 | 0.6 mi |
Phillips Academy High School 244 East Pershing Road, Chicago, IL 60653 | 12-11 | 2.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1601 S Indiana Ave #503
Date
Details
Price
Change
Source
5/31/2026
Listed
$999,000
122%
MLS
6/21/2017
Sold
$450,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1601 S Indiana Ave #503
Year
Property Taxes
Change
Tax Assessment
Change
2023
$6,893
—
$32,994
-8%
2023
$6,893
3%
$35,879
—
2022
$6,697
2%
$35,879
—
2021
$6,565
14%
$35,879
24%
2020
$5,742
2%
$28,879
-8%
2019
$5,633
2%
$31,465
—
2018
$5,537
44%
$31,465
48%
2017
$3,849
2%
$21,253
—
2016
$3,757
-4%
$21,253
—
2015
$3,895
-10%
$21,253
-9%
2014
$4,327
2%
$23,322
—
2013
$4,242
1%
$23,322
—
2012
$4,185
—
$23,322
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1601 S Indiana Ave #503
1601 S Indiana Avenue #503, Chicago, IL 60616 (MLS# 12663313) is a Condo property with 3 bedrooms and 3 full bathrooms. 1601 S Indiana Avenue #503 is currently listed for $999,000 and was received on May 31, 2026. Want to learn more about 1601 S Indiana Avenue #503? Do you have questions about finding other Condo real estate for sale in Near South Side? You can browse all Near South Side real estate or contact a Coldwell Banker agent to request more information.
