1601 South Michigan #502, Chicago IL 60616
- Bedrooms 2
- Bathrooms 2
- Taxes $9,954.79
- HOA $638
- Payment Estimate View Mortgage Calculator
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Property Description
Not your cookie cutter loft. This stunning 2-bedroom, 2-bathroom condo nestled in a prime Chicago South Loop with North facing views features 1,400 square feet of thoughtfully designed space, this modern midrise unit that offers a blend of contemporary updates and urban charm. Step inside to be greeted by tall ceilings that enhance the open and airy atmosphere. The fully updated kitchen is the organized chef's dream, featuring sleek stainless steel appliances, gas range, fully integrated dishwasher, and pull out pantry, all beautifully complemented by modern lighting and fixtures and oversized island. The expansive living area showcases exposed brick and a cozy fireplace, seamlessly flowing onto one of two private balconies-ideal for unwinding or entertaining guests. The massive primary bedroom is a true retreat, offering ample space and access to a private balcony, walk in closest and ensuite. Both bathrooms are elegantly appointed with modern fixtures and finishes. Hardwood floors run throughout, adding warmth and modernization to every room. Rare offering of both garage parking, and guest parking. Storage area ensures ample room for all your belongings. Deeded garage parking sold separately for $30,000. Don't miss the opportunity to make this exceptional space your own.
Features & Information
Key Details
- List Price $499,000
- Property Taxes 9954.79
- Unit Floor Level 5
- Square Feet 1400
- Price/ Sq. Ft. $356.43
- Year Built 1925
- Parking Type Garage
- Status New
Rooms
- Total Rooms 5
-
Master Bedroom
- Master Bath F
- Room Size 20X15
-
Bedroom 2
- Room Size 15X11
- Floor Level Main Level
- Flooring Carpet
-
Living Room
- Room Size 17X16
- Floor Level Main Level
- Flooring Hardwood
-
Dining Room
- Room Size COMBO
- Floor Level Main Level
- Flooring Hardwood
-
Kitchen
- Room Size 16X10
- Floor Level Main Level
- Flooring Hardwood
Additional Rooms
-
Additional Room 1
- Additional Room 1 Name Balcony
- Additional Room Size 13X05
- Additional Room Level Main Level
-
Additional Room 2
- Additional Room 2 Name Balcony
- Additional Room Size 13X05
- Additional Room Level Main Level
Interior Features
-
Appliances
- Appliances Included Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, All Stainless Steel Kitchen Appliances
-
Heating & Cooling
- Heating Type Gas, Forced Air
-
Fireplace
- # of Fireplaces 1
- Type of Fireplace Gas Logs,Gas Starter
Exterior Features
-
Parking
- Parking Garage
- # of Cars 1
- Garage Features Garage Door Opener(s)
Building Information
- Number of Units 47
- Age of Building 91-100 Years
- Exterior Construction Brick
- Common Area Amenities Elevator, Storage, Security Door Locks
- Exposure N (North),City
-
Pets
- Pets Allowed? Y
- Pet Types Cats OK,Dogs OK
Location
- County Cook
- Township South Chicago
- Corporate Limits Chicago
- Directions to Property Michigan Ave To 16th Street. Building Is On The Se Corner Of 16th St & Michigan Ave
-
Schools
- Elementary School District 299
- School Name South Loop Elementary Sch
- Junior High District 299
- High School District 299
-
Property Taxes
- Tax 9954.79
- Tax Year 2023
- Tax Exemptions None
- Parcel Identification Number 17223020521036
Utilities
- Sewer Sewer-Publ
Listed by Annie Schweitzer for Compass | Source: MRED as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 3/12/2025 2:32 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Explore South Loop
A dynamic mix of history and innovation, Chicago’s South Loop neighborhood has flourished from a once booming commercial sector into one of the city’s hottest residential areas. Much of the area’s eastern edge encompassed by the Museum Campus, home to an impressive collection of cultural institutions including the Field Museum, Shedd Aquarium, and Adler Planetarium. Sitting along the scenic lakefront, the parkland area located around the Campus is an extension of another one of the South Loop’s amazing spaces—Grant Park. Known as “Chicago’s front yard” locally, Grant Park boasts 319 acres of green space and is host to many of the city’s festivals such as the Taste of Chicago, Chicago Blues Fest, and Lollapalooza. Perfect for nature lovers and avid sports fans alike, the South Loop is also home to Northerly Island and Soldier Field. The South Loop offers a variety of dining and entertainment options, and is the location of notable Chicago restaurants including Acadia, Niu B Sushi, Eleven City Diner, and so much more.
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