For Sale at Studebaker Lofts: 1617 S Michigan Avenue #312, Chicago, IL 60616. 2-bedroom 2-bath, 0 Studebaker Lofts $950,000 begin new search
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Overview

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.

Address 1617 S Michigan Avenue

Unit# 312


Chicago, IL 60616
Listing Status NEW
Asking Price $950,000
On Market Date $950,000 @ Sep 17, 2026
Original Entry Sep 17, 2026
Rooms
Office, Deck
Square Footage Not Disclosed
Flooring Hardwood
Bedrooms 2
Full Bathrooms 2
Location
Directions 16th Street and Michigan Avenue
Community Area Studebaker Lofts
Neighborhood NEAR SOUTH SIDE
Complex Studebaker Lofts
School District Not Listed
Ownership
Property Type Condo
Assessment $635
HOA Amenities Service Elevator(s)
Listing History
Timeline Notes
Sep 17, 2026Listed for $950,000 #MRD12762856
Public Records
County Cook
Tax PIN 17223020501018
Property Tax $10,882 for the year 2025
Lake Michigan Distance 0.8 miles
Exterior
Style Attached Single
Material Roof Deck
Lot Size COMMON
Fencing Not Listed
Topography Not Listed
Roof Other
Entry Steps 3
Swimming Pool Not Listed
Patio Deck
Parking
Garage Door Opener
Off Site
Garage Owned
Detached
Garage
Total Spaces: 1
Garage Spaces: 1
Non-Garage Spaces: 0 -
View Not Listed
Features
Year Built 0
Laundry Location Washer Hookup,In Unit
Elevator Not Listed
Cooling Central Air
Heating Natural Gas, Forced Air
Sewer/Septic Public Sewer
Fireplaces Not Listed
Interior Features Cathedral Ceiling(s), Elevator, Built-in Features
Additional Parcels Yes
Additional Parcels Description 17223020501059, 17223020501041, 17223020501050
Appliances Range, Dishwasher, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Range Hood, Gas Cooktop
Appliances No
Assessments No
Association No
Association Fee 2 0
Association Fee Frequency Monthly
Attached Garage No
Basement None
Below Grade Finished Area 0
Carport Spaces 0
Common Walls End Unit
Cooling No
Foundation Details Brick/Mortar, Concrete Perimeter
Heating No
High School District 299
Land Lease No
Laundry No
Living Area Source Not Reported
Lot Features Common Grounds
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
Window Features Skylight(s)
Monthly Payment Calculator
Listing Source
Platform MRED
AOR
MLS Number MRD12762856
Courtesy of Urban Living Properties, LLC