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$315,000
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Property Description
Welcome home to this sophisticated Brick and Timber 2 bed / 2 bath Loft in the beating heart of the Chicago South Loop! Fixed in the highly sought-after Bicycle Station Lofts, where historic charm meets modern comfort -- This unit offers Soaring 12-foot ceilings, exposed brick and timber beams, and dramatic floor-to-ceiling windows that fill the open-concept living space with incredible natural light. The inviting living room features a cozy fireplace and direct access to a private balcony - perfect for morning coffee or evening relaxation. The updated kitchen is ideal for entertaining, showcasing stainless steel appliances, an enlarged granite island, and plenty of storage space. The spacious primary suite includes an organized walk-in closet, a lofted storage area, and an ensuite bath with a tub/shower combination. The versatile second bedroom is perfect for guests or a dedicated home office, with a nearby full bath featuring a walk-in shower. Recent upgrades provide peace of mind, including a new furnace and A/C (2021), new washer/dryer (2023), and freshly refinished hardwood floors (September 2025). The carpeted areas have also been replaced with engineered hardwood (September 2025) for a seamless, elevated look. Enjoy convenient in-unit laundry, ample storage, and building amenities such as an elevator, fitness room, storage lockers, and bike storage. Affordable assessments include: Common Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Water, Fitness Center, Storage and Bike Storage. For convenience, this unit is located near Soldier Field, Burnham Harbor, Museum Campus, parks, grocery stores, Roosevelt Collection Shops, and CTA Green/Red/Orange lines, this loft offers the best of South Loop living with unbeatable access to everything Chicago has to offer. Schedule your tour today!
Full Property Details
Full Property Details for 1632 S Indiana Ave #403
General
- Sold For: $315,000
- HOA FEE: $367/month
- Taxes: $5,691 (2023)
- Status: Closed
- Type: Condo
- Source: MRED
- MLS ID: 12509079
- Added to Site: 140 day(s) ago
Interior
- Interior Features: Cathedral Ceiling(s), Storage, Walk-In Closet(s)
- Fireplace: Yes
- Fireplace(s): Living Room, Gas Log
- Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
- Flooring: Hardwood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Additional Information
- Shared Amenities: Bike Room/Bike Trails, Elevator(s), Exercise Room, Storage
Exterior
- Exterior Features: Balcony
Location
- Area: CHI - Near South Side
- County: Cook
- Subdivision: Bicycle Station Lofts
- Driving Directions: Roosevelt to Indiana, South to property. Indiana is one block east of Michigan Ave.
School Information
- School District: 299
- Midd School District: 299
- Elementary School: South Loop Elementary School
- Middle School: South Loop Elementary School
- High School: Phillips Academy High School
- Private School: Phillips Academy High School
Community
- Assoc. Fees Include: Water, Insurance, Exercise Facilities, 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: Natural Gas, Forced Air
Utilities
- Water: Lake Michigan
Structural Information
- Structure Type: Condo, Condo/Loft, Mid-Rise (4 to 6 Stories)
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: None
- Sub-Flooring: Hardwood
- Entry Floor Number: 4
- Stories/Levels: 7
- Sq. Ft. Source: Not Reported
- Year Built: 1905
- Built Before 1978: Yes
Unit Information
- Units in Building: 53
Lot Features
- Lot Dimensions: COMMON
Financial Considerations
- Association Fee: $367
- Assoc Fee Freq.: Monthly
- Assessment Year: 1905
- Tax Amount: $5,691.88
- Tax Year: 2023
Disclosures and Reports
- Ownership: Condo
- Property ID: 17223020461020
Listed by EXIT Strategy Realty
Sold by Advanced Real Estate LLC
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Schools
Schools serving 1632 S Indiana Ave #403
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 1632 S Indiana Ave #403
Date
Details
Price
Change
Source
3/13/2026
Sold
$315,000
-3.05%
MLS
1/17/2026
Price Reduced
$324,900
-2.99%
MLS
11/01/2025
Listed
$334,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1632 S Indiana Avenue #403, Chicago, IL 60616 (MLS# 12509079) is a Condo property that was sold at $315,000 on March 13, 2026. Want to learn more about 1632 S Indiana Avenue #403? 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.

