Price Reduced Listing
1631 S Michigan Avenue 506,Chicago, IL 60616
Chicago, IL 60616
Description
Set within the historic Tandem Lofts, a distinctive warehouse conversion completed in 2000, this 2-bedroom, 2-bath unit enjoys the best of both worlds: authentic loft character in a building thoughtfully redeveloped with the addition of three upper floors, creating a unique blend of vintage industrial architecture and contemporary living. 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 available. 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. Currently the largest two-bedroom condo on the market in the South Loop priced under $400,000, this is a rare opportunity to enjoy true loft living with exceptional space, warmth, convenience, and vibrant city energy all in one exceptional home.
Details
| MLS # | 12739490 |
|---|---|
| Listing Type | For Sale |
| Style | Condominium |
| HOA Dues | $829 |
| Sub-Type | Resale |
| Status | Active |
| Year | 1920 |
| Days On Site | 24 |
| Listing Provided By | Berkshire Hathaway HomeServices Chicago | David New |
Features
| Bed(s) | 2 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 1,350 |
| Garage | 1 |
| Story(s) | 6 |
Interior
| Rooms Total | 6 |
|---|---|
| Cooling | Central Air |
| Heating | Natural Gas, Forced Air, Radiant, Indv Controls |
| Interior Features | Elevator, Storage, Walk-In Closet(s) |
| Appliances | Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal |
| Fireplaces Total | 1 |
| Fireplace Features | Gas Log, Gas Starter |
| Laundry Features | Washer Hookup, In Unit |
Exterior
| Exterior Features | Balcony |
|---|---|
| Roof | Rubber |
| Foundation Details | Concrete Perimeter, Pillar/Post/Pier |
| Construction Materials | Brick, Stone |
Parking
| Parking Features | Asphalt, Garage Door Opener, Heated Garage, Garage, Yes, Garage Owned, Attached |
|---|---|
| Garage Spaces | 1 |
Utilities
| Utilities | Cable Available |
|---|---|
| Sewer | Public Sewer |
| Electric | Circuit Breakers, 100 Amp Service |
Taxes
| Tax Year | 2024 |
|---|---|
| Tax Annual Amount | 8312.57 |
Area Information
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60616 |
| Area | CHI Near South Side |
| Listing VS Median (in 60616) | |
Price: $389,900 low | high Med: $269,900 sqft: 1,350 low | high Med: 900 $ / sqft: $289 low | high Med: $300 On site: 24 low | high Med: 53 | |
Market Activity 60616
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Learn More About This Property
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60616 |
| Area | CHI Near South Side |
| Listing VS Median (in 60616) | |
Price: $389,900 low | high Med: $269,900 sqft: 1,350 low | high Med: 900 $ / sqft: $289 low | high Med: $300 On site: 24 low | high Med: 53 | |
