1601 S Michigan Avenue #505, Chicago IL 60616
$240,000

Listing Agent

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Property Description

This well renovated bright South Loop condo comes with parking included! This cozy north facing condo offers views of downtown skyline you can enjoy from the balcony. Balcony views include Soldier Field, lake Michigan, and straight up Michigan Ave. Easy walk to Grant Park, playgrounds, restaurants, night life, public trans. Owner occupants only. No rentals allowed.

Features & Information

Key Details

  • List Price $240,000
  • Property Taxes $3,674
  • Assessments/HOA $394
  • Assessments/HOA frequency Monthly
  • Assessments/HOA Fee Includes Water, Parking, Insurance, TV/Cable, Exterior Maintenance, Scavenger, Snow Removal, Internet
  • Square Feet 0
  • Listing Market Time 1
  • Status New

Rooms

  • Total Rooms 4
  • Number of Bedrooms 1
  • Number of Bathrooms 1
  • Primary Bedroom

  • Room Size 12X14
  • Floor Level Main
  • Flooring Wood Laminate
  • Primary Bathroom Full
  • Living Room

  • Room Size 15X20
  • Floor Level Main
  • Flooring Hardwood
  • Dining Room

  • Room Size 6X8
  • Floor Level Main
  • Flooring Hardwood
  • Kitchen

  • Room Size 2X10
  • Floor Level Main
  • Flooring Hardwood

Additional Rooms

  • Balcony/Porch/Lanai

  • Room Size 10X5
  • Floor Level Main

Interior Features

  • Heating & Cooling

  • Heating Type Natural Gas
  • Air Conditioning Central Air

Exterior Features

  • Parking

  • # of Cars 1

Building Information

  • Number of Units 47
  • Age of Building 41-50 Years
  • Pets

  • Pets Allowed? Cats OK, Dogs OK

Location

  • County Cook
  • Township South Chicago
  • Corporate Limits Chicago
  • Directions to Property 16th St And Michigan Ave
  • Schools

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

  • Tax 3673.64
  • Tax Year 2025
  • Tax Exemptions None
  • Parcel Identification Number 17223020521038

Based on information submitted to the MLS GRID as of 9/16/2026 10:02 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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