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$349,999 Contingent
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Property Description
Multiple offers received. Highest and best due by Monday 5/11 at 10am. Welcome home to this bright and inviting east-facing unit overlooking Michigan Avenue. Designed with a desirable split floor plan, this home offers the perfect balance for comfortable everyday living, working from home, and effortless entertaining. Step inside to find real hardwood floors, a spacious foyer ideal for coats and shoes, and an abundance of closet space throughout. Floor-to-ceiling windows flood the unit with natural light, creating an open and airy atmosphere. The kitchen is equipped with a stainless steel appliance package and flows seamlessly into the living area, where you'll find access to a private balcony-perfect for enjoying warm summer evenings. Additional highlights include in-unit washer and dryer, generous storage, and a well-thought-out layout that maximizes both space and functionality. HOA fee includes water, gas, heat, internet; all you pay is electricity. Located in an A+ South Loop location, you're just steps from top restaurants, coffee shops, dog parks, and everyday conveniences including Trader Joe's, Mariano's, and South Loop Market. Enjoy easy access to the CTA Roosevelt Station (Red/Orange/Green lines), the Lakefront Trail, Grant Park, Museum Campus, and Soldier Field. Elevator building with door staff. Deeded indoor parking space included in the price. This is a must-see-schedule your private tour today!
Full Property Details
Full Property Details for 1620 S Michigan Ave #514
General
- Price: $349,999
- HOA FEE: $505/month
- Taxes: $6,496 (2024)
- Status: Contingent
- Type: Condo
- Source: MRED
- MLS ID: 12623587
- Updated: 5/14/2026
- Added to Site: 9 day(s) ago
Interior
- Basement: None
- Appliances: Range, Microwave, Dishwasher, Refrigerator, Freezer, Disposal
- Flooring: Hardwood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Bathroom Features: Double Sink
Bedrooms
- Total Bedrooms: 2
Additional Information
- Shared Amenities: Elevator in Residence, Security Door Lock(s)
- Equipment: Fire Sprinklers, Carbon Monoxide Detectors
Exterior
- Exterior Features: Balcony, Door Monitored by TV
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 1
- Total Spaces: 1
- Parking Features: Garage Door Opener, Heated Garage, Yes, Garage Owned, Attached, Garage
Location
- Area: CHI - Near South Side
- County: Cook
- Township: South Chicago
- Driving Directions: N OR S ON MICHIGAN TO 1620 S MICHIGAN
School Information
- School District: 299
- Elem School District: 299
- Midd School District: 299
- High School District: 299
Community
- Assoc. Fees Include: Heat, Water, Gas, Insurance, Security, Doorman, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Internet
- Pets Allowed: Yes
- Pets: Cats OK, Deposit Required, Dogs OK, Number Limit
- Pet Restrictions: Cats OK, Deposit Required, Dogs OK, Number Limit, / 999lbs.
- Mgmt. Company: Forth
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Natural Gas, Forced Air, Individual Controls
Utilities
- Sewer: Public Sewer
- Water: Lake Michigan, Public
Structural Information
- Structure Type: Condo
- Construction: Glass, Concrete
- Exterior Const.: Glass, Concrete
- Basement Desc.: None
- Foundation: Reinforced Caisson
- Roof: Rubber
- Sub-Flooring: Hardwood
- Entry Floor Number: 5
- Stories/Levels: 12
- Square Feet: 1,022
- Sq. Ft. Source: Builder
Unit Information
- Units in Building: 249
Lot Features
- Lot Dimensions: COMMON
Animals
- Animals Allowed: Cats OK, Deposit Required, Dogs OK, Number Limit
Financial Considerations
- Association Fee: $505
- Assoc Fee Freq.: Monthly
- Parking Included: Yes
- Tax Amount: $6,496
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Condo
- Special Conditions: List Broker Must Accompany
- Property ID: 17223010651066
Listed by Real Broker LLC
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Schools
Schools serving 1620 S Michigan Ave #514
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 1620 S Michigan Ave #514
Date
Details
Price
Change
Source
5/05/2026
Listed
$349,999
9.2%
MLS
10/26/2021
Sold
$320,500
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1620 S Michigan Ave #514
Year
Property Taxes
Change
Tax Assessment
Change
2023
$6,694
—
$30,895
-2%
2023
$6,694
15%
$31,625
—
2022
$5,819
-9%
$31,625
—
2021
$6,378
13%
$31,625
24%
2020
$5,669
2%
$25,449
-8%
2019
$5,567
2%
$27,710
—
2018
$5,474
33%
$27,710
45%
2017
$4,115
7%
$19,114
—
2016
$3,828
9%
$19,114
—
2015
$3,503
9%
$19,114
10%
2014
$3,221
2%
$17,359
—
2013
$3,157
1%
$17,359
—
2012
$3,115
—
$17,359
—
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 1620 S Michigan Ave #514
1620 S Michigan Avenue #514, Chicago, IL 60616 (MLS# 12623587) is a Condo property with 2 bedrooms and 2 full bathrooms. 1620 S Michigan Avenue #514 is currently listed for $349,999 and was received on May 05, 2026. Want to learn more about 1620 S Michigan Avenue #514? 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.

