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$385,000 Just Listed
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Property Description
The ideal South Loop Loft duplex featuring two bedrooms and two bathrooms and contemporary finishes throughout. The open living space is filled with natural light from the large windows and offers soaring high ceilings, unique exposed brick, and hardwood floors throughout. Fully updated kitchen offers sleek white cabinetry, chic wall to wall backsplash, newer appliances all updated in the last 3 years including a beverage fridge.. Desirable split floor plan with huge primary suite on the second level has ensuite primary bath with contemporary finishes and large walk-in-closet. Lofted space on the second level could be used as home office. Second bedroom also features ample closet space and lots of natural light. Freshly painted throughout and stacking Samsung washer and dryer in-unit only 2 years old. Deeded garage parking space located in secured gated lot across from the building for additional cost. Excellent South Loop location near the lakefront trail, Grant Park, Museum Campus, many wonderful shops and restaurants, with convenient access to public transit and expressways.
Full Property Details
Full Property Details for 1601 S Michigan Ave #107
General
- Price: $385,000
- HOA FEE: $730/month
- Taxes: $8,302 (2024)
- Status: Active
- Type: Condo
- Source: MRED
- MLS ID: 12618649
- Updated: Today (4/14/2026)
- Added to Site: Today
Interior
- Basement: None
- Interior Features: 1st-Floor Bedroom, Walk-In Closet(s)
- Appliances: Range, Microwave, Dishwasher, Refrigerator, Freezer, Washer, Dryer, Disposal
- Flooring: Hardwood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Parking
- Garage: Yes
- Garage Spaces: 1
- Total Spaces: 1
- Parking Features: Yes, Detached, Garage
Location
- Area: CHI - Near South Side
- County: Cook
- Township: South Chicago
- Driving Directions: Corner of Michigan Ave and 16th St
School Information
- School District: 299
- Elem School District: 299
- Midd School District: 299
- High School District: 299
Community
- Assoc. Fees Include: Water, TV/Cable, Exterior Maintenance, Scavenger, Internet
- Pets Allowed: Yes
- Pets: Cats OK, Dogs OK
- Pet Restrictions: Cats OK, Dogs OK, / 999lbs.
- Mgmt. Company: The Building Group
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Natural Gas, Forced Air
Utilities
- Sewer: Public Sewer
- Water: Lake Michigan
Structural Information
- Structure Type: Condo, Condo/Duplex, Condo/Loft
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: None
- Sub-Flooring: Hardwood
- Entry Floor Number: 1
- Stories/Levels: 6
- Square Feet: 1,410
- Sq. Ft. Source: Estimated
- Year Built: 1999
Unit Information
- Units in Building: 45
Lot Features
- Lot Dimensions: COMMON
Animals
- Animals Allowed: Cats OK, Dogs OK
Financial Considerations
- Association Fee: $730
- Assoc Fee Freq.: Monthly
- Assessment Year: 1999
- Tax Amount: $8,302.32
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Condo
- Special Conditions: List Broker Must Accompany
- Property ID: 17223020521008
Listed by Compass
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Schools
Schools serving 1601 S Michigan Ave #107
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
South Loop Elementary School 1212 South Plymouth Court, Chicago, IL 60605 | PK-8 | 0.5 mi |
Phillips Academy High School 244 East Pershing Road, Chicago, IL 60653 | 12-11 | 2.5 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 Michigan Ave #107
Date
Details
Price
Change
Source
4/14/2026
Listed
$385,000
10%
MLS
2/26/2022
Sold
$350,000
—
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 Michigan Ave #107
Year
Property Taxes
Change
Tax Assessment
Change
2023
$7,409
3%
$34,999
—
2022
$7,221
2%
$34,999
—
2021
$7,059
-12%
$34,999
-3%
2020
$8,005
2%
$35,933
-8%
2019
$7,863
2%
$39,136
—
2018
$7,731
19%
$39,136
30%
2017
$6,480
7%
$30,100
—
2016
$6,029
9%
$30,100
—
2015
$5,516
15%
$30,100
16%
2014
$4,805
2%
$25,896
—
2013
$4,710
1%
$25,896
—
2012
$4,647
—
$25,896
—
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 Michigan Ave #107
1601 S Michigan Avenue #107, Chicago, IL 60616 (MLS# 12618649) is a Condo property with 2 bedrooms and 2 full bathrooms. 1601 S Michigan Avenue #107 is currently listed for $385,000 and was received on April 14, 2026. Want to learn more about 1601 S Michigan Avenue #107? 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.

