$389,000

beds

bath

1,800

square ft

1617 S Michigan Avenue #202

Chicago, Illinois 60616

Contingent / MLS #12500361 / Loft / Near South Side

Listing information updated 11/21/2025 at 8:23am

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!

Full Features

Exterior Type:

Brick

Basement:

None

Beds Above Grade:

Cooling System:

Central Air

Heating System:

Natural Gas

Appliances:

Range, Microwave, Dishwasher, Refrigerator

Main Level Primary Bedroom:

Yes

Pool:

Age:

Unknown

Parking Type:

Off Street,Yes,Owned

Parking Spaces:

Room Count:

Water Front:

Square Feet:

1,800

Pet Information:

Cats OK, Dogs OK

Common Area Amenities:

Service Elevator(s)

Room Information

Living Room:

29x45 - Main

Dining Room:

21x8 - Main

Kitchen:

8x15 - Main

Family Room:

N/A

Primary Bedroom:

15x13 - Main Level

2nd Bedroom:

11x13 - Main

3rd Bedroom:

N/A

4th Bedroom:

N/A

Bonus Room:

11x9 - Main Level

Laundry:

N/A Level

Taxes & Assessments

Tax Amount:

$7,947

Tax Year:

2023

Assessments:

$421 / month

Location

Zip Code:

60616

City:

Chicago

County:

Cook

Schools

School District(s):

299

Elementary School:

N/A

Middle School:

N/A

High School:

N/A

Exterior Type:

Brick

Basement:

None

Beds Above Grade:

Cooling System:

Central Air

Heating System:

Natural Gas

Appliances:

Range, Microwave, Dishwasher, Refrigerator

Main Level Primary Bedroom:

Yes

Pool:

Age:

Unknown

Parking Type:

Off Street,Yes,Owned

Parking Spaces:

Room Count:

Water Front:

Square Feet:

1,800

Pet Information:

Cats OK, Dogs OK

Common Area Amenities:

Service Elevator(s)

Living Room:

29x45 - Main

Dining Room:

21x8 - Main

Kitchen:

8x15 - Main

Family Room:

N/A

Primary Bedroom:

15x13 - Main Level

2nd Bedroom:

11x13 - Main

3rd Bedroom:

N/A

4th Bedroom:

N/A

Bonus Room:

11x9 - Main Level

Laundry:

N/A Level

Tax Amount:

$7,947

Tax Year:

2023

Assessments:

$421 / month

Zip Code:

60616

City:

Chicago

County:

Cook

School District(s):

299

Elementary School:

N/A

Middle School:

N/A

High School:

N/A

Listing Office: @PROPERTIES

Listing Office Phone: 312.682.8500

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 11/21/2025 at 8:23am. 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. Some listings have been excluded from this website.