1631 S Michigan Avenue 506, Chicago, IL, 60616

$389,900

2

Beds

2

Baths

1,350

Square feet

About 1631 S Michigan Avenue 506

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.

Additional Information: This property is located in the CHI - Near South Side neighborhood, IL. This 2 bedrooms attached single property is priced at $289/sqft.

Facts & Features

MLS® # 12739490
Price $389,900
Bedrooms 2
Bathrooms 2.00
Full Baths 2
Square Footage 1,350
Price per Square Footage $288.81
Taxes $8,313
HOA Fees $829
HOA Fees Freq. Monthly
Year Built 1920
Type Residential
Sub-Type Attached Single
Status Price Change

Community Information

Address 1631 S Michigan Avenue 506
Area CHI - Near South Side
City Chicago
County Cook
State IL
Zip Code 60616

Amenities

Amenities Bike Room/Bike Trails, Elevator in Residence, Storage, Security Door Lock(s), High Speed Conn., Intercom, Public Bus, Security Lighting
Parking Spaces 1
Parking Asphalt, Garage Door Opener, Heated Garage, Garage, Yes, Garage Owned, Attached
# of Garages 1
Is Waterfront No
Has Pool No

Interior

Interior Features Elevator, Storage, Walk-In Closet(s)
Appliances Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
Heating Natural Gas, Forced Air, Radiant, Indv Controls
Cooling Central Air
Fireplace Yes
# of Fireplaces 1
Fireplaces Gas Log, Gas Starter
# of Stories 6
Has Basement No
Basement None

Exterior

Exterior Brick, Stone
Exterior Features Balcony
Roof Rubber
Foundation Concrete Perimeter, Pillar/Post/Pier

School Information

District 299

Additional Information

Days on Market 19
Foreclosure No
Short Sale No
RE / Bank Owned No
Taxes $8,313

Listing Details

OfficeBerkshire Hathaway HomeServices Chicago

Listing Map

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