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Listing provided courtesy of North Shore Prestige RealtyMREDas Distributed by MLSGrid- MLS# 12674966MLS Provider

1631 S Michigan Avenue #402Chicago, IL 60616

Condo/Townhouse · 1 Bed · 1 Full Bath · 850 Sq. ft.
$299,888 Price Change

1631 S Michigan Avenue #402 Overview

Time on Site:
17 days
Visits:
0

Beautiful, sun-filled loft in the highly sought-after Tandem Lofts! This rarely available 1-bedroom, 1-bath residence features an extra-wide floor plan, soaring 13-foot ceilings, and authentic loft character throughout. The spacious layout offers a generous bedroom suite, a walk-in closet, and the convenience of an in-unit washer and dryer. The inviting living area is anchored by a cozy fireplace, while engineered hardwood floors add warmth and sophistication. The chef's kitchen is designed for both everyday living and entertaining, featuring a large island, abundant pantry storage, and granite countertops. Step outside to the expansive private terrace-an ideal space for relaxing, dining al fresco, or hosting guests. Additional highlights include a beautifully renovated bathroom, ample storage, and a thoughtfully designed floor plan that maximizes both comfort and functionality. Ideally situated in the heart of the South Loop, this home is just steps from Lake Michigan, Mariano's, public transportation, museums, Soldier Field, restaurants, and one of the city's premier dog parks. Enjoy the best of urban living in a well-managed building with an unbeatable location and exceptional convenience.

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1631 S Michigan Avenue #402 Facts & Features

  • Type Condo/Townhouse
  • Sq. ft. 850
  • Price/Sq.ft. $353

Details

General

Association/HOA

  • Association Amenities: Elevator in Residence
  • Association Fee: $500.00
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Heat, Water, Gas, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Internet

School Information

  • School District: 299

Building Information

  • New Construction: No

Location/Region

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

Tax Information

  • Tax Annual Amount: $4,445.00
  • Tax Year: 2023

General Information

  • Ownership: Condo
  • Parcel Number: 17223020511033
  • Pets Allowed: Cats OK, Deposit Required
  • Property Type: Residential
  • Special Listing Conditions: List Broker Must Accompany

Interior

Building Information

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

Beds/Baths

  • Bathrooms Full: 1
  • Bathrooms Half: 0
  • Bathrooms Total: 1
  • Bedrooms Total: 1
  • Bedrooms Possible: 1

Building Interior

  • Fireplace Location: Living Room

General Information

  • Basement: None
  • Cooling: Central Air
  • Fireplaces Total: 1
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit
  • Living Area: 850
  • Living Area Source: Estimated
  • Rooms Total: 4
  • Stories Total: 6

Unit Information

  • Unit Number: 402

Exterior

Parking Information

  • Parking Total: 0

Lot Information

  • Additional Parcels: No
  • Lot Size Dimensions: COMMON
  • Water Source: Lake Michigan

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Brick

General Information

  • Sewer: Public Sewer

Room Information

Room: Dining Room

  • Level: Main
  • Dimensions: COMBO

Room: Kitchen

  • Level: Main
  • Dimensions: 10X10

Room: Living Room

  • Level: Main
  • Dimensions: 20X12

Room: Master Bedroom

  • Level: Main
  • Dimensions: 14X12

  • Level: N/A

  • Level: N/A

  • 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 2

  • 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

1631 S Michigan Avenue #402 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.

1631 S Michigan Avenue #402 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.

1631 S Michigan Avenue #402 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

1631 S Michigan Avenue #402 History

Date Event Value Agent
6/29/2026Source: MRED Price Reduction
$299,888 -0.0%
6/29/2026Source: MRED Status Change
Price Change
6/18/2026Source: MRED Status Change
Active
6/12/2026Source: MRED Added to Database
June 12, 2026
6/20/2022Source: MRED Added to Database
January 27, 2022