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$350,000 Just Listed
Property Description
Phenomenal opportunity to own this exceptional South Loop duplex loft! This sun-filled 2-bedroom, 2-bath home offers 1,410 square feet of beautifully designed living space with dramatic 18-foot ceilings and expansive north-facing views that create a bright, open atmosphere throughout. Blending modern updates with timeless urban character, this one-of-a-kind home features exposed brick, hardwood floors throughout, and an airy layout ideal for both everyday living and entertaining. The fully renovated kitchen (completed in early 2026) is a true showpiece, designed for both style and function with sleek mirror-white appliances, a stainless-steel wine fridge, gas range, fully integrated dishwasher, soft-close cabinetry, designer lighting, and stunning blue quartz countertops. The spacious living and dining area offers endless flexibility, including the option to add a fireplace using the existing second gas line previously capped by former owners. The second bedroom is perfect as a guest room, home office, or creative space, complete with generous closet storage and abundant natural light. Upstairs, the oversized primary suite serves as a private retreat with skyline views, a large walk-in closet, and a beautifully updated ensuite bath. Both bathrooms showcase contemporary finishes and modern fixtures for a polished, sophisticated feel. A rare find in the city, this home includes both garage parking and guest parking availability. Deeded garage parking available separately for $25,000. Ideally located just steps from Soldier Field, Grant Park, Chinatown, dining, shopping, and public transit - this exceptional South Loop residence offers the perfect blend of comfort, convenience, and city living.
Full Property Details
Full Property Details for 1601 S Michigan Ave #107
General
- Price: $350,000
- HOA FEE: $699/month
- Taxes: $9,654 (2024)
- Status: Active
- Type: Condo
- Source: MRED
- MLS ID: 12663505
Interior
- Basement: None
- Appliances: Range, Microwave, Dishwasher, High-End Refrigerator, Washer, Dryer, Wine Refrigerator
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Parking
- Garage: Yes
- Garage Spaces: 1
- Total Spaces: 1
- Parking Features: Off Site, Deeded, Detached, Garage
Location
- Area: CHI - Near South Side
- County: Cook
- Township: South Chicago
- Driving Directions: Michigan Ave to 16th Street.
School Information
- School District: 299
- Elem School District: 299
- Midd School District: 299
- High School District: 299
Community
- Assoc. Fees Include: Water, Insurance, Exterior Maintenance, Scavenger
- Pets Allowed: Yes
- Pets: Cats OK, Dogs OK
- Pet Restrictions: Cats OK, Dogs OK, / 999lbs.
- Mgmt. Company: Building Group
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Structure Type: Condo
- Construction: Aluminum Siding, Brick, Glass, Concrete, Limestone
- Exterior Const.: Aluminum Siding, Brick, Glass, Concrete, Limestone
- Basement Desc.: None
- Entry Floor Number: 1
- Stories/Levels: 6
- Square Feet: 1,410
- Sq. Ft. Source: Estimated
- Year Built: 1927
- Built Before 1978: Yes
- Remodeled/Updated: 2025
Unit Information
- Units in Building: 47
Lot Features
- Lot Dimensions: COMMON
Animals
- Animals Allowed: Cats OK, Dogs OK
Financial Considerations
- Association Fee: $699
- Assoc Fee Freq.: Monthly
- Deeded Garage Cost: $25,000
- Assessment Year: 1927
- Tax Amount: $9,654.84
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Condo
- Property ID: 17223020521008
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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.
Tax History
Tax History for 1601 S Michigan Ave #107
Year
Property Taxes
Change
Tax Assessment
Change
2023
$317
—
$2,236
49%
2023
$317
3%
$1,499
—
2022
$309
2%
$1,499
—
2021
$302
-31%
$1,499
-23%
2020
$435
2%
$1,951
-8%
2019
$427
2%
$2,125
—
2018
$420
19%
$2,125
30%
2017
$352
8%
$1,634
—
2016
$327
9%
$1,634
—
2015
$299
15%
$1,634
16%
2014
$261
2%
$1,405
—
2013
$256
2%
$1,405
—
2012
$252
—
$1,405
—
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# 12663505) is a Condo property with 2 bedrooms and 2 full bathrooms. 1601 S Michigan Avenue #107 is currently listed for $350,000 and was received on May 31, 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.
