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$324,900 -$10,000 (-2.99%) Price Reduced

  • For Sale
  • Active
  • Condo
  • 2 Beds
  • 2 Full Baths
  • Updated 13 hours ago
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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 for 1632 S Indiana Ave #403

General

  • Price: $324,900
  • HOA FEE: $367/month
  • Taxes: $5,691 (2023)
  • Status: Active
  • Type: Condo
  • Source: MRED
  • MLS ID: 12509079
  • Updated: 1/17/2026
  • Added to Site: 78 day(s) ago

Interior

  • Basement: None
  • Interior Features: Cathedral Ceiling(s), Storage, Walk-In Closet(s)
  • Fireplace: Yes
  • Number of Fireplaces: 1
  • 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
  • Township: South Chicago
  • 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
  • Elem School District: 299
  • Midd School District: 299
  • High 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
  • 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, Forced Air

Utilities

  • Sewer: Public Sewer
  • 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

Animals

  • Animals Allowed: Cats OK, Dogs OK

Financial Considerations

  • Association Fee: $367
  • Assoc Fee Freq.: Monthly
  • Assessment Year: 1905
  • Tax Amount: $5,691.88
  • Tax Year: 2023
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Condo
  • Property ID: 17223020461020

Listed by EXIT Strategy Realty

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— 1632 S Indiana Ave #403 —

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  • EXIT Strategy Realty

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 1632 S Indiana Ave #403

School District:Chicago Public School District 299
NameGradesDistance
South Loop Elementary School
1212 South Plymouth Court, Chicago, IL 60605
PK-80.6 mi
Phillips Academy High School
244 East Pershing Road, Chicago, IL 60653
12-112.4 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 1632 S Indiana Ave #403 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/17/2026
Price Reduced
$324,900
-2.99%
MLS
11/01/2025
Listed
$334,900
15.48%
MLS
7/19/2021
Sold
$290,000
—
Public Record
Get Price Alerts and Save Property
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 for 1632 S Indiana Ave #403

Year
Property Taxes
Change
Tax Assessment
Change
2023
$6,394
3%
$30,204
—
2022
$6,232
15%
$30,204
—
2021
$5,420
24%
$30,204
33%
2020
$4,373
2%
$22,731
-8%
2019
$4,284
2%
$24,750
—
2018
$4,210
7%
$24,750
14%
2017
$3,946
3%
$21,706
—
2016
$3,847
10%
$21,706
—
2015
$3,497
42%
$21,706
37%
2014
$2,470
2%
$15,881
—
2013
$2,410
—
$15,881
—
2012
$2,402
—
$15,881
—
View All
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 for 1632 S Indiana Ave #403

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1632 S Indiana Avenue #403, Chicago, IL 60616 (MLS# 12509079) is a Condo property with 2 bedrooms and 2 full bathrooms. 1632 S Indiana Avenue #403 is currently listed for $324,900 and was received on November 01, 2025. 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.

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