$505,000

beds

baths

1,400

square ft

1601 S Michigan Avenue #502

Chicago, Illinois 60616

Closed / MLS #12581530 / Condo / Near South Side

Listing information updated 4/10/2026 at 1:03pm

Not your cookie cutter loft. This stunning combined 2 units to one offers 2-bedroom, 2-bathroom condo nestled in a prime Chicago South Loop. Enjoy North facing views from one of your 2 balconies in this 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.

Full Features

Exterior Type:

Brick

Basement:

None

Beds Above Grade:

Cooling System:

Central Air

Heating System:

Natural Gas, Forced Air

Appliances:

Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)

Main Level Primary Bedroom:

Yes

Fireplace:

Yes

Pool:

Age:

100+ Years

Parking Type:

Garage - Garage Door Opener,Off Site,Deeded,Detached,Garage

Parking Spaces:

Garage:

Detached

Room Count:

Water Front:

Square Feet:

1,400

Pet Information:

Cats OK, Dogs OK

Common Area Amenities:

Elevator(s), Storage, Security Door Lock(s)

Internal Features:

Cathedral Ceiling(s)

External Features:

Balcony, Outdoor Grill

Room Information

Living Room:

17x16 - Main

Dining Room:

combo - Main

Kitchen:

16x10 - Main

Family Room:

N/A

Primary Bedroom:

20x15 - Main Level

2nd Bedroom:

15x11 - Main

3rd Bedroom:

N/A

4th Bedroom:

N/A

Balcony/Porch/Lanai:

13x05 - Main Level

Laundry:

N/A Level

Taxes & Assessments

Tax Amount:

$9,954

Tax Year:

2023

Assessments:

$719 / month

Location

Zip Code:

60616

City:

Chicago

County:

Cook

Schools

School District(s):

299

Elementary School:

South Loop Elementary School

Middle School:

N/A

High School:

N/A

Exterior Type:

Brick

Basement:

None

Beds Above Grade:

Cooling System:

Central Air

Heating System:

Natural Gas, Forced Air

Appliances:

Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)

Main Level Primary Bedroom:

Yes

Fireplace:

Yes

Pool:

Age:

100+ Years

Parking Type:

Garage - Garage Door Opener,Off Site,Deeded,Detached,Garage

Parking Spaces:

Garage:

Detached

Room Count:

Water Front:

Square Feet:

1,400

Pet Information:

Cats OK, Dogs OK

Common Area Amenities:

Elevator(s), Storage, Security Door Lock(s)

Internal Features:

Cathedral Ceiling(s)

External Features:

Balcony, Outdoor Grill

Living Room:

17x16 - Main

Dining Room:

combo - Main

Kitchen:

16x10 - Main

Family Room:

N/A

Primary Bedroom:

20x15 - Main Level

2nd Bedroom:

15x11 - Main

3rd Bedroom:

N/A

4th Bedroom:

N/A

Balcony/Porch/Lanai:

13x05 - Main Level

Laundry:

N/A Level

Tax Amount:

$9,954

Tax Year:

2023

Assessments:

$719 / month

Zip Code:

60616

City:

Chicago

County:

Cook

School District(s):

299

Elementary School:

South Loop Elementary School

Middle School:

N/A

High School:

N/A

Listing Office: Compass

Listing Office Phone: 773.466.7150

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 4/10/2026 at 1:03pm. 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.