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$379,000
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Property Description
Discover this rare timber and brick loft in the vibrant South Loop neighborhood of Chicago, offering a perfect blend of historic charm and modern living. Located at 1617 S Michigan Ave, this unique 1,800 sq ft condo in the Studebaker Corner Lofts combines original architectural features with contemporary updates, making it a standout in today's market. Originally a Studebaker showroom, this spacious, two-bedroom+den loft boasts stunning barrel ceilings, a massive light monitor that floods the space with natural light, and beautiful original hardwood floors. The adaptable layout provides limitless possibilities for customization, ideal for those seeking a creative, open-concept home. Key features include an updated bathroom with a stylish vanity, an in-unit stackable washer and dryer, and a well-appointed open kitchen with a large peninsula and gas range-perfect for entertaining. The generous living area offers plenty of room for both relaxing and hosting guests. Enjoy outdoor parking for one vehicle included in the sale and a welcoming community of homeowners who appreciate the loft's unique character. Located just steps from downtown Chicago, this home provides easy access to the best of the South Loop, including Millennium Park, Museum Campus, Grant Park, and numerous dining, shopping, and entertainment options-all in a lively, walkable neighborhood. Additional amenities include centralized air conditioning, a service elevator, and low monthly HOA dues of approximately $420, covering water, building maintenance, snow removal, and more. No rental restrictions make this an excellent opportunity whether you're looking to buy your dream home or an investment property. Don't miss this chance to own a piece of Chicago history in one of the city's most sought-after neighborhoods. Schedule your visit today and make this exceptional loft yours!
Full Property Details
Full Property Details for 1617 S Michigan Ave #202
General
- Sold For: $379,000
- HOA FEE: $421/month
- Taxes: $7,947 (2023)
- Status: Closed
- Type: Condo
- Source: MRED
- MLS ID: 12500361
- Added to Site: 88 day(s) ago
Interior
- Appliances: Range, Microwave, Dishwasher, Refrigerator
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Additional Information
- Shared Amenities: Service Elevator(s)
Parking
- Total Spaces: 1
- Parking Features: Off-Street, Yes, Owned
Location
- Area: CHI - Near South Side
- County: Cook
- Driving Directions: South on Michigan from 16th Street on the East Side of the Street.
School Information
- School District: 299
- Midd School District: 299
Community
- Assoc. Fees Include: Water, Parking, Insurance, Exterior Maintenance, Scavenger, Snow Removal
- Pets Allowed: Yes
- Pet Restrictions: Cats OK, Dogs OK, / 999lbs.
- Mgmt. Company: Westward360 - Studebaker Corner Lofts
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Natural Gas
Utilities
- Water: Lake Michigan
Structural Information
- Structure Type: Condo, Condo/Loft, Low-Rise (1 to 3 Stories)
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: None
- Entry Floor Number: 2
- Stories/Levels: 3
- Square Feet: 1,800
- Sq. Ft. Source: Estimated
- Built Before 1978: Yes
- Remodeled/Updated: 2000
Unit Information
- Units in Building: 15
Lot Features
- Lot Dimensions: COMMON
Financial Considerations
- Association Fee: $421
- Assoc Fee Freq.: Monthly
- Parking Included: Yes
- Tax Amount: $7,947.85
- Tax Year: 2023
Disclosures and Reports
- Ownership: Condo
- Property ID: 17223020501010
Listed by @properties Christie's International Real Estate
Sold by @properties Christie's International Real Estate
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Schools
Schools serving 1617 S Michigan Ave #202
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 Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1617 S Michigan Ave #202
Date
Details
Price
Change
Source
12/15/2025
Sold
$379,000
-2.57%
MLS
11/06/2025
Price Reduced
$389,000
-2.51%
MLS
10/21/2025
Listed
$399,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1617 S Michigan Avenue #202, Chicago, IL 60616 (MLS# 12500361) is a Condo property that was sold at $379,000 on December 15, 2025. Want to learn more about 1617 S Michigan Avenue #202? 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.

