LKV Realty
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$269,900
$1,400Reward *
1631 S Michigan Avenue Unit 502, Chicago, IL 60616Listing ID 12713287

1631 S Michigan Avenue Unit 502, Chicago, IL 60616

Active
CHI - Near South Side
Time on site: 25 daysLast updated: Aug 10, 2026
Property Type
Property Type
Residential
Property Sub Type
Property Sub Type
-
Bedrooms
Bedrooms
1
Bathrooms
Bathrooms
1
Square Feet
Square Feet
900
Days on Site
Days on Site
26
Cooling
Cooling
Central Air
Heating
Heating
Natural Gas, Forced Air
Parking
Parking
Assigned, Yes, Owned

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.

Property Information

Property Details

Location

Address
1631 S Michigan Avenue
County
Cook
City
Chicago
Zip Code
60616
Subdivision
CHI - Near South Side
School District
299
MLS Area
CHI - Near South Side

Interior Features

Beds and Baths

Bedrooms
1
Full Bathrooms
1

Building

Building Information

Square Feet
900
Construction
Brick

Financial

Special Conditions
List Broker Must Accompany

Property Taxes

Tax Annual Amount
$3,822
Tax Year
2024

Homeowner Association

HOA Fee
$468
HOA Fee Frequency
Monthly
@properties Christie's International Real Estate, (312) 254-0200

Market Report for 60616

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: MRED
MRED logo

Based on information submitted to the MLS GRID as of 17 Aug 2026, 08:41 AM UTC. 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. Some IDX listings have been excluded from this website.

For corrections to this data please contact Brytecore MLS Support.

MRD123029