Date
Details
Price
Change
Source
5/19/2026
Listed
$1,000,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Property Description
Step into a South Loop penthouse loft that feels more SoHo than Chicago. Set within a classic industrial building, this expansive residence blends authentic loft architecture with a warm, design-forward aesthetic rarely found in today's construction. Exposed brick walls, soaring ceilings, oversized windows, skylights, and warm maple flooring create a space that feels both dramatic and effortlessly livable. The heart of the home is an expansive open-concept living space anchored by an oversized butcher block island, reclaimed wood shelving, and a professional-grade Thermador kitchen that feels curated rather than manufactured. Natural light pours across the home throughout the day, while the scale of the living and dining areas offers the kind of volume buyers crave. Thoughtful renovations introduced custom steel-and-glass doors, updated baths, and a lofted office above the 2nd bedroom overlooking the main living space. The primary suite feels quietly luxurious with thoughtful details, and a spa-inspired bath finished with subway tile and Restoration Hardware vanity. Above it all, a private rooftop deck offers an outdoor escape rarely found - even including an outdoor shower. 3 parking spaces including a private garage included. This is a rare opportunity to own a true character-filled penthouse loft in the South Loop - the kind of space that becomes harder to find every year.
Full Property Details
Full Property Details for 1617 S Michigan Ave #312
General
- Price: $1,000,000
- HOA FEE: $635/month
- Taxes: $10,529 (2024)
- Status: Active
- Type: Condo
- Source: MRED
- MLS ID: 12652529
- Updated: 5/19/2026
- Added to Site: 4 day(s) ago
Interior
- Basement: None
- Interior Features: Cathedral Ceiling(s), Elevator, Built-in Features
- Appliances: Range, Dishwasher, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Range Hood, Gas Cooktop
- Flooring: Hardwood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Additional Information
- Shared Amenities: Service Elevator(s)
- Equipment: Intercom
Exterior
- Exterior Features: Roof Deck
Parking
- Garage: Yes
- Garage Spaces: 1
- Total Spaces: 1
- Parking Features: Garage Door Opener, Off Site, Garage Owned, Detached, Garage
Location
- Area: CHI - Near South Side
- County: Cook
- Township: South Chicago
- Subdivision: Studebaker Lofts
- Driving Directions: 16th Street and Michigan Avenue
School Information
- School District: 299
- Elem School District: 299
- Midd School District: 299
- High School District: 299
- Elementary School: South Loop Elementary School
- Middle School: South Loop Elementary School
Community
- Assoc. Fees Include: Water, Parking, Insurance, Scavenger
- Pets Allowed: Yes
- Pets: Cats OK, Dogs OK
- Pet Restrictions: Cats OK, Dogs OK, / NONlbs.
- Mgmt. Company: Westward Management
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Natural Gas, Forced Air
Utilities
- Sewer: Public Sewer
- Water: Lake Michigan, Public
Structural Information
- Structure Type: Condo/Loft, Penthouse
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: None
- Foundation: Brick/Mortar, Concrete Perimeter
- Roof: Other
- Common Walls: End Unit
- Windows: Skylight(s)
- Sub-Flooring: Hardwood
- Entry Floor Number: 3
- Stories/Levels: 3
- Sq. Ft. Source: Not Reported
- Built Before 1978: Yes
- Remodeled/Updated: 2020
Unit Information
- Units in Building: 16
Lot Features
- Lot Dimensions: COMMON
- Lot Features: Common Grounds
Animals
- Animals Allowed: Cats OK, Dogs OK
Financial Considerations
- Association Fee: $635
- Assoc Fee Freq.: Monthly
- Parking Included: Yes
- Tax Amount: $10,529.03
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Condo
- Special Conditions: List Broker Must Accompany
- Property ID: 17223020501018
Listed by Urban Living Properties, LLC
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— 1617 S Michigan Ave #312 —
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NMLS#: 1598647
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Schools
Schools serving 1617 S Michigan Ave #312
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 ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1617 S Michigan Ave #312
Tax History
Tax History for 1617 S Michigan Ave #312
Year
Property Taxes
Change
Tax Assessment
Change
2023
$284
3%
$1,340
—
2022
$276
100%
$1,340
—
2021
-100%
$1,340
-24%
2020
$395
2%
$1,771
-8%
2019
$387
-10%
$1,928
-4%
2017
$431
7%
$2,002
—
2016
$401
9%
$2,002
—
2015
$367
-9%
$2,002
-8%
2014
$405
2%
$2,183
—
2013
$397
1%
$2,183
—
2012
$392
—
$2,183
—
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 1617 S Michigan Ave #312
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Listed by Sam Ochoa (708) 890-5065
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- Condo
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1617 S Michigan Avenue #312, Chicago, IL 60616 (MLS# 12652529) is a Condo property with 2 bedrooms and 2 full bathrooms. 1617 S Michigan Avenue #312 is currently listed for $1,000,000 and was received on May 19, 2026. Want to learn more about 1617 S Michigan Avenue #312? 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.