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$350,000 Sale Pending
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Property Description
Loft living with modern updates in the heart of the South Loop! This spacious 2 bed, 1 bath condo at Tandem Lofts combines timeless urban loft elements with thoughtful 2024 improvements. A welcoming entryway with exposed brick sets the tone, leading into an open main space with ample room for large sitting area and dining room, hardwood flooring and an updated fireplace with a reimagined mantel. The open-concept kitchen was updated in 2024 with quartz countertops, backsplash, stainless steel appliances, and generous cabinetry, along with an island perfect for cooking and casual dining. Both soft-loft bedrooms offer flexible layouts, carpeting and ample closet space, with the second bedroom easily suited for a guest space, home office, or creative studio. The full bath was updated in 2018. A brand-new in-unit washer/dryer complete the move-in-ready condo. Includes on-site deeded exterior parking spot in gated lot. Tandem Lofts is a professionally managed elevator and pet friendly building and offers additional storage for the unit and bike room. Enjoy access to Grant Park, the lakefront, Museum Campus, Soldier Field, CTA transit, grocery stores, and an incredible range of dining and retail options just outside your door. HOA includes parking, heat, gas, Wifi, DirectTV Streaming, snow removal, scavenger services, water. Estate sale - offered as-is.
Full Property Details
Full Property Details for 1631 S Michigan Ave #312
General
- Price: $350,000
- HOA FEE: $639/month
- Taxes: $6,200 (2024)
- Status: Pending
- Type: Condo
- Source: MRED
- MLS ID: 12499893
- Updated: 1/5/2026
- Added to Site: 90 day(s) ago
Interior
- Basement: None
- Interior Features: Storage
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Living Room
- Appliances: Range, Microwave, Dishwasher, Refrigerator, Freezer, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
- Flooring: Hardwood
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Exterior
- Exterior Features: Balcony
Parking
- Total Spaces: 1
- Parking Features: Yes, Owned
Location
- Area: CHI - Near South Side
- County: Cook
- Township: South Chicago
- Driving Directions: Michigan Avenue south to property
School Information
- School District: 299
- Elem School District: 299
- Midd School District: 299
- High School District: 299
Community
- Assoc. Fees Include: Water, Gas, Parking, Insurance, TV/Cable, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Internet
- Pets Allowed: Yes
- Pets: Cats OK, Dogs OK
- Pet Restrictions: Cats OK, Dogs OK, / 999lbs.
- Mgmt. Company: Forth Group
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Structure Type: Condo, Condo/Loft
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: None
- Sub-Flooring: Hardwood
- Entry Floor Number: 3
- Stories/Levels: 6
- Square Feet: 1,300
- Sq. Ft. Source: Estimated
Unit Information
- Units in Building: 61
Lot Features
- Lot Dimensions: COMMON
Animals
- Animals Allowed: Cats OK, Dogs OK
Financial Considerations
- Association Fee: $639
- Assoc Fee Freq.: Monthly
- Parking Included: Yes
- Tax Amount: $6,200.89
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Condo
- Special Conditions: List Broker Must Accompany
- Property ID: 17223020511029
Listed by Compass
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Price & Sales History for 1631 S Michigan Ave #312
Date
Details
Price
Change
Source
10/20/2025
Listed
$350,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1631 S Michigan Ave #312
Year
Property Taxes
Change
Tax Assessment
Change
2023
$423
3%
$1,999
—
2022
$412
2%
$1,999
—
2021
$403
-13%
$1,999
-3%
2020
$461
2%
$2,068
-8%
2019
$452
2%
$2,251
—
2018
$445
7%
$2,251
17%
2017
$414
8%
$1,924
—
2016
$385
9%
$1,924
—
2015
$353
8%
$1,924
10%
2014
$326
2%
$1,755
—
2013
$319
1%
$1,755
—
2012
$315
—
$1,755
—
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 1631 S Michigan Ave #312
1631 S Michigan Avenue #312, Chicago, IL 60616 (MLS# 12499893) is a Condo property with 2 bedrooms and 1 full bathroom. 1631 S Michigan Avenue #312 is currently listed for $350,000 and was received on October 20, 2025. Want to learn more about 1631 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.

