CONTINGENT: 1617 S MICHIGAN #202, Chicago, IL 60616. 2-bedroom 1-bath, null Near South Side $389,000 begin new search
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Overview

Discover this rare timber and brick loft in the vibrant South Loop neighborhood of Chicago, offering a perfect blend of historic charm and modern living. Located at 1617 S Michigan Ave, this unique 1,800 sq ft condo in the Studebaker Corner Lofts combines original architectural features with contemporary updates, making it a standout in today's market. Originally a Studebaker showroom, this spacious, two-bedroom+den loft boasts stunning barrel ceilings, a massive light monitor that floods the space with natural light, and beautiful original hardwood floors. The adaptable layout provides limitless possibilities for customization, ideal for those seeking a creative, open-concept home. Key features include an updated bathroom with a stylish vanity, an in-unit stackable washer and dryer, and a well-appointed open kitchen with a large peninsula and gas range-perfect for entertaining. The generous living area offers plenty of room for both relaxing and hosting guests. Enjoy outdoor parking for one vehicle included in the sale and a welcoming community of homeowners who appreciate the loft's unique character. Located just steps from downtown Chicago, this home provides easy access to the best of the South Loop, including Millennium Park, Museum Campus, Grant Park, and numerous dining, shopping, and entertainment options-all in a lively, walkable neighborhood. Additional amenities include centralized air conditioning, a service elevator, and low monthly HOA dues of approximately $420, covering water, building maintenance, snow removal, and more. No rental restrictions make this an excellent opportunity whether you're looking to buy your dream home or an investment property. Don't miss this chance to own a piece of Chicago history in one of the city's most sought-after neighborhoods. Schedule your visit today and make this exceptional loft yours!

Address 1617 S MICHIGAN

Unit# 202


Chicago, IL 60616
Listing Status Contingent
Asking Price $389,000
Original Listing $399,000 @
Escrow Date 2025-11-20
Days on MLS
Ownership
Property Type Condo
Asssessment $421
HOA Amenities Service Elevator(s)
Rooms
Bonus Room
Square Footage Not Disclosed
Bedrooms 2
Full Bathrooms 1
Location
Directions South on Michigan from 16th Street on the East Side of the Street.
Neighborhood Near South Side
School District Not Listed
Public Records
County Cook
Tax PIN 17223020501010
Property Tax $7,948 for the year 2023
Features
Year Built N/A
Laundry Location In Unit
Elevator Not Listed
Cooling Central Air
Heating Natural Gas
Sewer/Septic Public Sewer
Fireplaces Not Listed
Additional Parcels No
Additional Parcels Description 17223020501057
Appliances Range, Microwave, Dishwasher, Refrigerator
Association Fee Frequency Monthly
Basement None
Construction Materials Brick
High School District 299
Living Area Source Estimated
New Construction No
Monthly Payment Calculator
Listing Source
Platform MRED
AOR
MLS Number MRD12500361
Courtesy of @properties Christie's International Real Estate
Exterior
Style Attached Single
Material Not Listed
Lot Size COMMON
Fencing Not Listed
Topography Not Listed
Swimming Pool Not Listed
Parking
Off Street
Yes
Owned
Total Spaces: 1
Garage Spaces:
Non-Garage Spaces: 0 -
View Not Listed