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$242,000
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Property Description
This well renovated bright South Loop condo comes with parking and 8x12 storage unit included! This cozy north facing condo offers views of downtown skyline you can enjoy from the balcony. Balcony views include Soldier Field, lake Michigan, and straight up Michigan Ave. Easy walk to Grant Park, playgrounds, restaurants, night life, public trans. Owner occupants only. No rentals allowed.
Full Property Details
Full Property Details for 1601 S Michigan Ave #505
General
- Sold For: $242,000
- HOA FEE: $374/month
- Taxes: $3,920 (2025)
- Status: Closed
- Type: Condo
- Source: MRED
- MLS ID: 12760199
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 1
Parking
- Total Spaces: 1
- Parking Features: Assigned, Yes, Owned
Location
- Area: CHI - Near South Side
- County: Cook
- Driving Directions: 16th St and Michigan Ave
School Information
- School District: 299
- Midd School District: 299
Community
- Assoc. Fees Include: Water, Parking, Insurance, TV/Cable, Exterior Maintenance, Scavenger, Snow Removal, Internet
- Pets Allowed: Yes
- Pet Restrictions: Cats OK, Dogs OK, / 999lbs.
- Mgmt. Company: Forth Group
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Gas
Utilities
- Water: Public
Structural Information
- Structure Type: Condo
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: Partially Finished, Full
- Entry Floor Number: 5
- Stories/Levels: 6
- Square Feet: 720
- Sq. Ft. Source: Estimated
- Built Before 1978: Yes
- Remodeled/Updated: 2022
Unit Information
- Units in Building: 47
Lot Features
- Lot Dimensions: COMMON
Financial Considerations
- Association Fee: $374
- Assoc Fee Freq.: Monthly
- Parking Included: Yes
- Tax Amount: $3,920.43
- Tax Year: 2025
Disclosures and Reports
- Ownership: Condo
- Property ID: 17223020521038
Listed by Baird & Warner
Sold by RE/MAX Top Performers
Get Pre-Approved Today
Schools
Schools serving 1601 S Michigan Ave #505
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 #505, Chicago, IL 60616 (MLS# 12760199) is a Condo property that was sold at $242,000 on October 19, 2026. Want to learn more about 1601 S Michigan Avenue #505? 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.
