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Listing provided courtesy of Urban Living Properties, LLCMREDas Distributed by MLSGrid- MLS# 12652529MLS Provider

1617 S Michigan Avenue #312Chicago, IL 60616

Condo/Townhouse · 2 Beds · 2 Full Baths
$1,000,000 Active

1617 S Michigan Avenue #312 Overview

Time on Site:
42 days
Visits:
1

Step into a South Loop penthouse loft that feels more SoHo than Chicago. Set within a classic industrial building, this expansive residence blends authentic loft architecture with a warm, design-forward aesthetic rarely found in today's construction. Exposed brick walls, soaring ceilings, oversized windows, skylights, and warm maple flooring create a space that feels both dramatic and effortlessly livable. The heart of the home is an expansive open-concept living space anchored by an oversized butcher block island, reclaimed wood shelving, and a professional-grade Thermador kitchen that feels curated rather than manufactured. Natural light pours across the home throughout the day, while the scale of the living and dining areas offers the kind of volume buyers crave. Thoughtful renovations introduced custom steel-and-glass doors, updated baths, and a lofted office above the 2nd bedroom overlooking the main living space. The primary suite feels quietly luxurious with thoughtful details, and a spa-inspired bath finished with subway tile and Restoration Hardware vanity. Above it all, a private rooftop deck offers an outdoor escape rarely found - even including an outdoor shower. 3 parking spaces including a private garage included. This is a rare opportunity to own a true character-filled penthouse loft in the South Loop - the kind of space that becomes harder to find every year.

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1617 S Michigan Avenue #312 Facts & Features

  • Type Condo/Townhouse

Details

General

Association/HOA

  • Association Amenities: Service Elevator(s)
  • Association Fee: $635.00
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Water, Parking, Insurance, Scavenger

School Information

  • School District: 299
  • Elementary School: South Loop Elementary School
  • Middle Or Junior School: South Loop Elementary School

Building Information

  • New Construction: No

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: CHI - Near South Side
  • Subdivision Name: Studebaker Lofts
  • Township: South Chicago

Rent/Lease Information

  • Lease Expiration: 2026-08-31

Tax Information

  • Tax Annual Amount: $10,529.03
  • Tax Year: 2024

General Information

  • Ownership: Condo
  • Parcel Number: 17223020501018
  • Pets Allowed: Cats OK, Dogs OK
  • Property Type: Residential
  • Special Listing Conditions: List Broker Must Accompany

Interior

Building Information

  • Approx. Total Finished SqFt.: 0
  • Disability Access: No
  • Total SqFt.: 0

Parking Information

  • Garage Spaces: 1

Beds/Baths

  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Bathrooms Total: 2
  • Bedrooms Total: 2
  • Bedrooms Possible: 2

General Information

  • Appliances: Range, Dishwasher, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Range Hood, Gas Cooktop
  • Basement: None
  • Cooling: Central Air
  • Flooring: Hardwood
  • Foundation Details: Brick/Mortar, Concrete Perimeter
  • Heating: Natural Gas, Forced Air
  • Interior Features: Cathedral Ceiling(s), Elevator, Built-in Features
  • Laundry Features: Washer Hookup,In Unit
  • Living Area: 0
  • Living Area Source: Not Reported
  • Other Equipment: Intercom
  • Rooms Total: 6
  • Stories Total: 3
  • Window Features: Skylight(s)

Unit Information

  • Unit Number: 312

Exterior

Parking Information

  • Parking Features: Garage Door Opener, Off Site, Garage Owned, Detached, Garage
  • Parking Total: 1

Lot Information

  • Additional Parcels: Yes
  • Lot Features: Common Grounds
  • Lot Size Dimensions: COMMON
  • Water Source: Lake Michigan, Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Brick
  • Roof: Other

General Information

  • Exterior Features: Roof Deck
  • Sewer: Public Sewer

Room Information

Room: Bedroom 2

  • Level: Main
  • Dimensions: 13X10

Room: Dining Room

  • Level: Main
  • Dimensions: 25X17

Room: Kitchen

  • Level: Main
  • Dimensions: 20X10

Room: Living Room

  • Level: Main
  • Dimensions: 25X18

Room: Master Bedroom

  • Level: Main
  • Dimensions: 15X14

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

Room: Bedroom 3

  • Level: N/A

Room: Bedroom 4

  • Level: N/A

Room: Family Room

  • Level: N/A

Room: Laundry

  • Level: N/A

Room: Office

  • Level: Second
  • Dimensions: 15X10

Room: Deck

  • Level: Third
  • Dimensions: 18X35

1617 S Michigan Avenue #312 Neighborhood

Community

60616 (CHICAGO) Demographics

38
Median Age
11,385
Population Density (per sq. mile)
53%
College Educated
$61,843
Estimated Median Income
9,233
Estimated Total Home Owners
15,237
Estimated Total Renters
38% / 62%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1617 S Michigan Avenue #312 Monthly Cost

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Corinne Guerra
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1617 S Michigan Avenue #312 Market Data

Based on the last 30 days in this zip code

$424,602
Average List Price
$328
Average Price per Square Foot
41
Properties Sold
58
Average Days on Market
142
Properties for Sale
Calculations provided by Reliance Network

1617 S Michigan Avenue #312 History

Date Event Value Agent
5/24/2026Source: MRED Status Change
Active
5/19/2026Source: MRED Added to Database
May 19, 2026