1631 S Michigan Avenue #502, Chicago IL 60616
- Bedrooms 1
- Bathrooms 1
- Taxes $4,108
- HOA $468
- Payment Estimate View Mortgage Calculator
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Property Description
Hardly EVER available true loft living in the heart of the South Loop! This spacious and extra-wide 1-bedroom, 1-bath residence in sought-after Tandem Lofts combines authentic loft character with thoughtful modern updates. Featuring soaring ceilings, an open-concept floor plan, exposed ductwork loft styling, and abundant natural light, this home offers a unique blend of urban sophistication and comfort. Unlike many loft bedrooms, the generously sized bedroom is fully enclosed and includes a window, providing privacy without sacrificing light. The inviting living area showcases genuine hardwood floors and a cozy gas fireplace, while the beautifully renovated kitchen features crisp quartz countertops, soft-close cabinetry, under-cabinet lighting, an undermount sink with built-in water filtration, and ample workspace for cooking and entertaining. The updated bathroom includes upgraded plumbing with replacement shower/tub piping and individual shutoff valves added in 2022 for added peace of mind. Additional improvements include a stackable front-loading washer and dryer installed in 2022, new bedroom carpeting, an organized walk-in closet, and custom window treatments throughout. Step outside to your private balcony, the perfect spot for morning coffee or relaxing with an afternoon breeze. Building amenities include secure entry, a dog run, bike storage, and private caged storage. Ideally located in the vibrant South Loop, this home is just moments from Lake Michigan, Mariano's, museums, Soldier Field, public transportation, restaurants, shopping, and one of Chicago's premier dog parks. Enjoy the best of city living in a well-managed building with exceptional convenience and an unbeatable location. Deeded parking space #11 is included in the purchase price.
Features & Information
Key Details
- List Price $269,900
- Property Taxes $4,108
- Assessments/HOA $468
- Assessments/HOA frequency Monthly
- Assessments/HOA Fee Includes Heat, Water, Gas, Insurance, Security, TV/Cable, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Internet
- Square Feet 0
- Listing Market Time 34
- Status Pending
Rooms
- Total Rooms 4
- Number of Bedrooms 1
- Number of Bathrooms 1
-
Primary Bedroom
- Room Size 14X13
- Floor Level Main
- Flooring Carpet
- Primary Bathroom None
-
Living Room
- Room Size 20X14
- Floor Level Main
- Flooring Hardwood
-
Dining Room
- Room Size COMBO
- Floor Level Main
- Flooring Hardwood
-
Kitchen
- Room Size 10X11
- Floor Level Main
- Flooring Hardwood
Additional Rooms
-
Laundry
- Room Size 4X3
- Floor Level Main
Interior Features
-
Appliances
- Appliances Included Range, Microwave, Dishwasher, Refrigerator, High End Refrigerator, Washer, Dryer, Stainless Steel Appliance(s)
-
Heating & Cooling
- Heating Type Natural Gas, Forced Air
- Air Conditioning Central Air
-
Fireplace
- # of Fireplaces 1
- Type of Fireplace Living Room
Exterior Features
-
Parking
- # of Cars 1
Building Information
- Number of Units 58
- Age of Building Unknown
- Exposure West,City
-
Pets
- Pets Allowed? Cats OK, Dogs OK
Location
- County Cook
- Township South Chicago
- Corporate Limits Chicago
- Directions to Property Michigan Ave South From Roosevelt To 1631
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Schools
- Elementary School District 299
- Junior High District 299
- High School District 299
-
Property Taxes
- Tax 4107.8
- Tax Year 2024
- Tax Exemptions Homeowner
- Parcel Identification Number 17223020511043
Listed by Lisa Foster for @properties Christie's International Real Estate | Source: MRED as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 9/23/2026 3:02 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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