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$550,000
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Property Description
Experience elevated city living in this bright and spacious 3 bedroom, 2 bath concrete soft loft in the heart of the South Loop. Set on the 16th floor, this beautifully updated corner home showcases spectacular unobstructed north + east facing city skyline and Lake Michigan views through dramatic floor-to-ceiling windows that flood the space with natural light. Step outside to your expansive private balcony the perfect place to enjoy morning coffee or unwind while taking in the cityscape + lake. The thoughtfully designed floor plan features fully enclosed king + queen sized bedrooms, offering the privacy rarely found in loft living. The newly updated kitchen boasts new cabinet fronts, granite counters and brand new SS appliances and the newly updated bathrooms blend modern style with everyday functionality, while generous room sizes, a dining nook perfect for banquette seating, abundant closet space, additional storage, and an in-unit washer and dryer provide exceptional convenience. Monthly assessments include *heat, cooking gas, basic cable + internet* making for easy, worry-free living. Residents enjoy the security and convenience of a full-service building with 24-hour door staff, on site management, building engineers, bike storage, dog run. Heated garage parking is available for an additional $30,000. Enjoy direct resident only access to the South Loop Market for all of your grocery staples, including produce, liquor + wine, and a deli! Ideally located in the vibrant South Loop, you'll be just moments from some of Chicago's best restaurants, cafes, shopping, museums, Grant Park, the beach, the Lakefront Trail, Fred Anderson Dog Park, McCormick Place, and convenient access to the CTA Red, Green, Orange, and Pink Lines offering an unbeatable combination of neighborhood charm and downtown accessibility.
Full Property Details
Full Property Details for 1720 S Michigan Ave #1601
General
- Price: $550,000
- HOA FEE: $815/month
- Taxes: $7,474 (2024)
- Status: Active
- Type: Condo
- Source: MRED
- MLS ID: 12711210
- Updated: 9/18/2026
- Added to Site: 47 day(s) ago
Interior
- Basement: None
- Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
- Flooring: Hardwood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Bathroom Features: Double Sink
Bedrooms
- Total Bedrooms: 3
Additional Information
- Shared Amenities: Door Person, Commissary, Elevator in Residence, On-Site Manager/Engineer, Receiving Room, Security Door Lock(s)
- Equipment: Fire Sprinklers, Carbon Monoxide Detectors
- Other Features: Commuter Bus
Exterior
- Exterior Features: Balcony
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 1
- Total Spaces: 1
- Parking Features: Garage Door Opener, Heated Garage, Yes, Deeded, Attached, Garage
Location
- Area: CHI - Near South Side
- County: Cook
- Township: South Chicago
- Driving Directions: MICHIGAN AVENUE SOUTH TO 1720 (ON WEST SIDE OF STREET)
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: Heat, Air Conditioning, Water, Gas, Insurance, TV/Cable, 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: Manager1720@communityspecialists.net
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, High-Rise (7 or More Stories)
- Model: 3BR/2BA
- Construction: Glass, Concrete
- Exterior Const.: Glass, Concrete
- Basement Desc.: None
- Common Walls: End Unit
- Windows: Aluminum Frames, Blinds
- Sub-Flooring: Hardwood
- Entry Floor Number: 16
- Stories/Levels: 33
- Square Feet: 1,400
- Sq. Ft. Source: Landlord/Tenant/Seller
- Year Built: 2007
Unit Information
- Units in Building: 498
Manufactured Home
- Model: 3BR/2BA
Lot Features
- Lot Dimensions: COMMON
- Lot Features: None
Animals
- Animals Allowed: Cats OK, Deposit Required, Dogs OK, Number Limit
Water Features
- Water View: Yes
- Water Front Name: LAKE MICHIGAN
- Water Front View: Front of Property
Financial Considerations
- Association Fee: $815
- Assoc Fee Freq.: Monthly
- Deeded Garage Cost: $30,000
- Assessment Year: 2007
- Tax Amount: $7,474.94
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Condo
- Special Conditions: List Broker Must Accompany
- Property ID: 17223010701168
Listed by Compass
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Schools
Schools serving 1720 S Michigan Ave #1601
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 1720 S Michigan Ave #1601
Date
Details
Price
Change
Source
8/24/2026
Listed
$550,000
—
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 1720 S Michigan Ave #1601
Year
Property Taxes
Change
Tax Assessment
Change
2023
$8,318
—
$37,070
-6%
2023
$8,318
3%
$39,296
—
2022
$8,108
2%
$39,296
—
2021
$7,926
13%
$39,296
24%
2020
$7,044
2%
$31,619
-8%
2019
$6,917
2%
$34,429
—
2018
$6,801
5%
$34,429
14%
2017
$6,501
7%
$30,200
—
2016
$6,049
9%
$30,200
—
2015
$5,534
20%
$30,200
22%
2014
$4,593
2%
$24,757
—
2013
$4,503
-11%
$24,757
-12%
2012
$5,045
—
$28,114
—
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 1720 S Michigan Ave #1601
1720 S Michigan Avenue #1601, Chicago, IL 60616 (MLS# 12711210) is a Condo property with 3 bedrooms and 2 full bathrooms. 1720 S Michigan Avenue #1601 is currently listed for $550,000 and was received on August 24, 2026. Want to learn more about 1720 S Michigan Avenue #1601? 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.

