1631 South Michigan #506, Chicago IL 60616
$449,900

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Property Description

Bright, sophisticated, and beautifully positioned on a sunny southeast corner, this expansive 2-bedroom, 2-bath unit at Tandem Lofts offers the perfect blend of vintage character and modern comfort in the South Loop. Soaring 10-foot ceilings and dramatic floor-to-ceiling windows fill the home with natural light while framing partial lake and city views throughout the day. The open-concept living and dining space is ideal for both everyday living and entertaining, anchored by a gas fireplace and direct access to a private balcony perfect for morning coffee or evening sunsets. The spacious kitchen features warm wood cabinetry, granite countertops, stainless steel appliances, and abundant prep and storage space. The generous primary suite offers excellent natural light, a large walk-in closet, and an en suite bath designed for comfort and convenience, while the second bedroom functions beautifully as a guest room, home office, or creative space with oversized windows of its own. Additional highlights include in-unit laundry, a large coat closet/storage room ideal for bikes and seasonal items, plus an additional dedicated storage space in the building. Heated garage parking is included. Set within a boutique brick-and-timber elevator building with classic loft details and an elegant, modern lobby, this home places you moments from some of the South Loop's most beloved destinations including Museum Campus, Burnham Harbor, Soldier Field, the lakefront trail, neighborhood coffee shops, restaurants, parks, grocery stores, and public transportation. A rare opportunity to enjoy true loft living with space, warmth, convenience, and vibrant city energy all in one exceptional home.

Features & Information

Key Details

  • List Price $449,900
  • Property Taxes 7802.39
  • Unit Floor Level 5
  • Square Feet 1350
  • Price/ Sq. Ft. $333.26
  • Year Built 1920
  • Parking Type Garage
  • Status New

Rooms

  • Total Rooms 6
  • Master Bedroom

  • Master Bath F
  • Room Size 16X13
  • Bedroom 2

  • Room Size 12X10
  • Floor Level Main Level
  • Flooring Wood Laminate
  • Living Room

  • Room Size 17X13
  • Floor Level Main Level
  • Flooring Wood Laminate
  • Dining Room

  • Room Size 10X6
  • Floor Level Main Level
  • Flooring Wood Laminate
  • Kitchen

  • Room Size 13X7
  • Kitchen Type Eating Area-Breakfast Bar
  • Floor Level Main Level
  • Flooring Wood Laminate

Additional Rooms

  • Additional Room 1

  • Additional Room Level Main Level
  • Additional Room 2

  • Additional Room 2 Name Balcony
  • Additional Room Size 08X04
  • Additional Room Level Main Level

Interior Features

  • Appliances

  • Appliances Included Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Heating & Cooling

  • Heating Type Gas, Forced Air, Radiant, Indv Controls
  • Fireplace

  • # of Fireplaces 1
  • Type of Fireplace Gas Logs,Gas Starter

Exterior Features

  • Parking

  • Parking Garage
  • # of Cars 1
  • Garage Features Transmitter(s),Heated,7 Foot or more high garage door

Building Information

  • Number of Units 58
  • Age of Building 100+ Years
  • Exterior Construction Brick,Stone
  • Common Area Amenities Bike Room/Bike Trails, Elevator, Storage, Security Door Locks, High Speed Conn.,Intercom, Public Bus, Security Lighting
  • Exposure S (South),E (East),City,Lake/Water,Park
  • Pets

  • Pets Allowed? Y
  • Pet Types Cats OK,Dogs OK

Location

  • County Cook
  • Township South Chicago
  • Corporate Limits Chicago
  • Directions to Property South On Michigan To 1631
  • Schools

  • Elementary School District 299
  • Junior High District 299
  • High School District 299
  • Property Taxes

  • Tax 7802.39
  • Tax Year 2024
  • Tax Exemptions Homeowner
  • Parcel Identification Number 17223020511047

Utilities

  • Sewer Sewer-Publ

Listed by: Berkshire Hathaway HomeServices Chicago | Phone: 312.642.1400
Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 5/23/2026 12:02 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Explore South Loop

A dynamic mix of history and innovation, Chicago’s South Loop neighborhood has flourished from a once booming commercial sector into one of the city’s hottest residential areas. Much of the area’s eastern edge encompassed by the Museum Campus, home to an impressive collection of cultural institutions including the Field Museum, Shedd Aquarium, and Adler Planetarium. Sitting along the scenic lakefront, the parkland area located around the Campus is an extension of another one of the South Loop’s amazing spaces—Grant Park. Known as “Chicago’s front yard” locally, Grant Park boasts 319 acres of green space and is host to many of the city’s festivals such as the Taste of Chicago, Chicago Blues Fest, and Lollapalooza. Perfect for nature lovers and avid sports fans alike, the South Loop is also home to Northerly Island and Soldier Field. The South Loop offers a variety of dining and entertainment options, and is the location of notable Chicago restaurants including Acadia, Niu B Sushi, Eleven City Diner, and so much more.

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