1601 S Michigan Ave Unit 306 Chicago, IL 60616
Central Station NeighborhoodEstimated payment $2,234/month
Highlights
- Wood Flooring
- Elevator
- Balcony
- South Loop Elementary School Rated 9+
- Stainless Steel Appliances
- 2-minute walk to Fred Anderson Park
About This Home
Welcome to this light-filled 1 bed, 1 bath condo in the vibrant heart of the South Loop! Enjoy stunning skyline views through oversized windows that fill the open-concept layout with natural light. The spacious living area features a gas log fireplace for cozy evenings, and the adjoining dining area easily accommodates a large table-or can be used as a flexible office space to suit your lifestyle. The kitchen is outfitted with granite countertops, stainless steel appliances, a breakfast bar, and rich cabinetry. The oversized bedroom includes a generous walk-in closet, and beautiful hardwood floors flow throughout the unit. In-unit washer & dryer provide added convenience. Step out onto your private balcony-perfect for relaxing or entertaining during warmer months. Additional basement storage locker and a deeded outdoor parking space are both included in the price-a rare find in this neighborhood! The building also offers guest parking. Walk to everything the South Loop has to offer: the lakefront, Museum Campus, Grant Park, local restaurants, groceries, and public transportation. Move-in ready and perfectly located!
Open House Schedule
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Saturday, October 18, 202512:00 to 2:00 pm10/18/2025 12:00:00 PM +00:0010/18/2025 2:00:00 PM +00:00Add to Calendar
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,810
Year Renovated
- 2002
HOA Fees
- $432 Monthly HOA Fees
Home Design
- Entry on the 3rd floor
- Brick Exterior Construction
- Concrete Perimeter Foundation
Interior Spaces
- Built-In Features
- Gas Log Fireplace
- Family Room
- Living Room with Fireplace
- Combination Dining and Living Room
Kitchen
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Potential Bedroom
- 1 Full Bathroom
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
- Home Security System
- Intercom
Parking
- 1 Parking Space
- Driveway
- Off-Street Parking
- Parking Included in Price
Utilities
- Central Air
- Heating System Uses Natural Gas
- Lake Michigan Water
Additional Features
- Balcony
- Additional Parcels
Community Details
Overview
- Association fees include water, insurance, security, tv/cable, exterior maintenance, scavenger, snow removal, internet
- 47 Units
- Melissa Fischer Association, Phone Number (312) 466-8100
- Mid-Rise Condominium
- Skyline Lofts Subdivision
- Property managed by Urban Apple
- 6-Story Property
Amenities
- Elevator
- Community Storage Space
Pet Policy
- Dogs and Cats Allowed
Security
- Resident Manager or Management On Site
- Carbon Monoxide Detectors
- Fire Sprinkler System
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $3,598 | $20,915 | $8,014 | $12,901 |
| 2023 | $3,507 | $17,000 | $6,448 | $10,552 |
| 2022 | $3,507 | $17,000 | $6,448 | $10,552 |
| 2021 | $3,429 | $16,999 | $6,447 | $10,552 |
| 2020 | $4,066 | $18,253 | $5,296 | $12,957 |
| 2019 | $3,305 | $19,880 | $5,296 | $14,584 |
| 2018 | $3,248 | $19,880 | $5,296 | $14,584 |
| 2017 | $2,565 | $15,290 | $4,375 | $10,915 |
| 2016 | $3,062 | $15,290 | $4,375 | $10,915 |
| 2015 | $2,802 | $15,290 | $4,375 | $10,915 |
| 2014 | $2,441 | $13,154 | $3,914 | $9,240 |
| 2013 | $1,914 | $13,154 | $3,914 | $9,240 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/15/2025 10/15/25 | For Sale | $279,900 | +8.7% | -- | |
| 08/08/2023 08/08/23 | Sold | $257,500 | +7.3% | $303 / Sq Ft | View Prior Sale |
| 07/12/2023 07/12/23 | Pending | -- | -- | -- | |
| 07/05/2023 07/05/23 | For Sale | $240,000 | +2.1% | $282 / Sq Ft | |
| 12/17/2019 12/17/19 | Sold | $235,000 | -4.1% | $276 / Sq Ft | View Prior Sale |
| 11/03/2019 11/03/19 | Pending | -- | -- | -- | |
| 10/21/2019 10/21/19 | For Sale | $245,000 | +9.1% | $288 / Sq Ft | |
| 05/13/2016 05/13/16 | Sold | $224,500 | -4.5% | $252 / Sq Ft | View Prior Sale |
| 04/18/2016 04/18/16 | Pending | -- | -- | -- | |
| 03/22/2016 03/22/16 | For Sale | $235,000 | +12.7% | $264 / Sq Ft | |
| 12/10/2013 12/10/13 | Sold | $208,500 | -10.1% | $234 / Sq Ft | View Prior Sale |
| 11/09/2013 11/09/13 | Pending | -- | -- | -- | |
| 10/29/2013 10/29/13 | For Sale | $232,000 | -- | $261 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $257,500 | None Listed On Document | |
| Deed | $235,000 | Citywide Title Corporation | |
| Deed | $225,000 | Usi | |
| Warranty Deed | $208,500 | Cti | |
| Warranty Deed | $243,500 | Fidelity National Title Ins | |
| Warranty Deed | -- | First American Title Ins Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $249,775 | New Conventional | |
| Previous Owner | $215,000 | New Conventional | |
| Previous Owner | $194,150 | Purchase Money Mortgage | |
| Previous Owner | $156,800 | Unknown | |
| Closed | $19,600 | No Value Available |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12496494
APN: 17-22-302-052-1024
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