For Sale at Tandem Lofts: 1601 S Michigan Avenue #505, Chicago, IL 60616. 1-bedroom 1-bath, 720 sf, 0 NEAR SOUTH SIDE $240,000
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Overview
This well renovated bright South Loop condo comes with parking included! This cozy north facing condo offers views of downtown skyline you can enjoy from the balcony. Balcony views include Soldier Field, lake Michigan, and straight up Michigan Ave. Easy walk to Grant Park, playgrounds, restaurants, night life, public trans. Owner occupants only. No rentals allowed.
| Address |
1601 S Michigan Avenue
Unit# 505 Chicago, IL 60616 |
| Listing Status | NEW |
| Asking Price | $240,000 |
| On Market Date | $240,000 @ Sep 15, 2026 |
| Original Entry | Sep 15, 2026 |
Rooms
Balcony/Porch/Lanai
| Square Footage | 720 sf |
| Bedrooms | 1 |
| Full Bathrooms | 1 |
Location
| Directions | 16th St and Michigan Ave |
| Neighborhood | NEAR SOUTH SIDE |
| Complex | Tandem Lofts |
| School District | Not Listed |
Ownership
| Property Type | Condo |
| Assessment | $394 |
Listing History
| Timeline | Notes |
|---|---|
| Sep 15, 2026 | Listed for $240,000 #MRD12760199 |
Public Records
| County | Cook |
| Tax PIN | 17223020521038 |
| Property Tax | $3,674 for the year 2025 |
| Lake Michigan Distance | 0.8 miles |
Exterior
| Style | Attached Single |
| Material | Not Listed |
| Lot Size | COMMON |
| Fencing | Not Listed |
| Topography | Not Listed |
| Entry Steps | 5 |
| Swimming Pool | Not Listed |
| Accessibility | Hall Width 36 Inches or More |
| Parking |
Assigned
Yes
Owned
Total Spaces: 1
Garage Spaces: 0
Non-Garage Spaces:
0 -
|
| View | Not Listed |
Features
| Year Built | 0 |
| Laundry Location | |
| Elevator | Not Listed |
| Cooling | Central Air |
| Heating | Natural Gas |
| Sewer/Septic | Public Sewer |
| Fireplaces | Not Listed |
| Additional Parcels | Yes |
| Additional Parcels Description | 17223020521081 |
| Appliances | No |
| Assessments | No |
| Association | No |
| Association Fee 2 | 0 |
| Association Fee Frequency | Monthly |
| Attached Garage | No |
| Basement | Partially Finished, Full |
| Below Grade Finished Area | 0 |
| Carport Spaces | 0 |
| Cooling | No |
| Heating | No |
| High School District | 299 |
| Land Lease | No |
| Laundry | No |
| Living Area Source | Estimated |
| Main Level Bathrooms | 0 |
| Main Level Bedrooms | 0 |
| New Construction | No |
| Number Of Units Total | 0 |
| Number Remotes | 0 |
| Parking | No |
| Patio | No |
| Pool Private | No |
| Property Attached | No |
| Sprinklers | No |
| View | No |
| Well Depth | 0 |
| Well Gallons Per Minute | 0 |
| Well Pump Horsepower | 0 |
| Well Report | No |
Monthly Payment Calculator
Listing Source
| Platform | MRED |
| AOR | |
| MLS Number | MRD12760199 |
| Courtesy of | Baird & Warner |
Website Link
https://www.chicagotopcondos.com/MRD12760199
Comparable Homes Nearby
| Address | Unit | List Price | Status |
|---|---|---|---|
| 1631 S MICHIGAN Avenue | 506 | $389,900 | Active |
| 1631 S Michigan Avenue | 402 | $285,000 | New |
| 1620 S Michigan Avenue | 918 | $250,000 | Re-Activated |