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$245,000
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Property Description
Experience urban living in this newly painted 4th-floor loft condo at 1601 S Michigan Ave #405. This 1-bedroom, 1-bathroom home features impressive 11-foot ceilings and charming exposed brick in the living room, which opens onto an attached, refinished balcony with a northern exposure. The living area is centered around a cozy, gas ventless fireplace. The kitchen is updated with modern appliances (mostly 2021/2022, with a 2017 refrigerator) and in-unit laundry. This secure building utilizes a Butterfly entry system and includes an exterior deeded parking space in the price. Recent building updates include a 2023 roof overlay, and elevator and exterior improvements. Ideally located, this home is just blocks from the Red/Green lines and the Metra station, offering easy access to the Museum Campus, Lake Shore Drive, I-55, and I-90/94, as well as an array of neighborhood restaurants and bars.
Full Property Details
Full Property Details for 1601 S Michigan Ave #405
General
- Sold For: $245,000
- HOA FEE: $376/month
- Taxes: $3,129 (2024)
- Status: Closed
- Type: Condo
- Source: MRED
- MLS ID: 12707497
Interior
- Fireplace: Yes
- Fireplace(s): Living Room
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 1
Parking
- Total Spaces: 1
- Parking Features: Yes, Owned
Location
- Area: CHI - Near South Side
- County: Cook
- Driving Directions: Michigan Ave North or South to 16th
School Information
- School District: 299
- Midd School District: 299
Community
- Assoc. Fees Include: Water, Insurance, TV/Cable, Scavenger, Internet
- Pets Allowed: Yes
- Pet Restrictions: Cats OK, Dogs OK, / 999lbs.
- Mgmt. Company: Ekstein asset Mgmnt
Heating & Cooling
- Cooling Type: None
- Heating Type: Natural Gas
Utilities
- Water: Public
Structural Information
- Structure Type: Condo
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: None
- Entry Floor Number: 4
- Stories/Levels: 6
- Sq. Ft. Source: Not Reported
- Year Built: 1990
Unit Information
- Units in Building: 47
Lot Features
- Lot Dimensions: COMMON
Financial Considerations
- Association Fee: $376
- Assoc Fee Freq.: Monthly
- Parking Included: Yes
- Assessment Year: 1990
- Tax Amount: $3,129.12
- Tax Year: 2024
Disclosures and Reports
- Ownership: Condo
- Property ID: 17223020521031
Listed by Redfin Corporation
Sold by Fulton Grace Realty
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Schools
Schools serving 1601 S Michigan Ave #405
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.
1601 S Michigan Avenue #405, Chicago, IL 60616 (MLS# 12707497) is a Condo property that was sold at $245,000 on August 31, 2026. Want to learn more about 1601 S Michigan Avenue #405? 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.

