$450,000
SOLD MAY 30, 2025

Tandem Lofts 1631 S Michigan Ave Unit 310 Floor 3 Chicago, IL 60616

Central Station Neighborhood
2 Beds
2 Baths
1,400 Sq Ft
$635/mo HOA Fee

Recently Sold

$321 Per Sq Ft

3 Days on Market

Highlights

  • Wood Flooring
  • End Unit
  • Balcony
  • South Loop Elementary School Rated 9+
  • Stainless Steel Appliances
  • 3-minute walk to Chicago Women's Park and Gardens

About This Home

As of May 2025

Welcome to this bright and modern CORNER loft in the heart of Chicago's vibrant South Loop! This unit boasts soaring 12-foot ceilings, expansive windows with tons of natural light, a cozy gas fireplace, and open-concept living perfect for both entertaining and relaxing. Large living area with equally as large enclosed bedrooms! True brick loft without the lofted walls! Walk to Museum Campus, shops, restaurants, CTA. Don't miss your chance to own this one-of-a-kind gem in one of Chicago's most dynamic neighborhoods. *One garage space included in price. Assessment includes most utilities.

Last Agent to Sell the Property

Liz Moreno

Fulton Grace Realty License #475174342 Listed on: 04/24/2025

Fulton Grace Realty

Last Buyer's Agent

Ben Lalez

Compass License #475124644

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,879

Year Built

  • Built in 1911

Lot Details

  • End Unit
  • Additional Parcels

HOA Fees

  • $635 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Parking Included in Price

Home Design

  • Entry on the 3rd floor
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 1,400 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Window Screens
  • Entrance Foyer
  • Family Room
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Storage
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Soaking Tub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Intercom

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Lake Michigan Water
  • Cable TV Available

Community Details

Overview

  • Association fees include heat, water, gas, parking, insurance, tv/cable, exterior maintenance, scavenger, snow removal, internet
  • 58 Units
  • Matt Schreck Association, Phone Number (312) 379-0400
  • Property managed by Forth Group

Pet Policy

  • Pets up to 60 lbs
  • Dogs and Cats Allowed

Security

  • Carbon Monoxide Detectors

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,879

Year Built

Built in 1911

Lot Details

0

HOA Fees

$635 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • EntryLevel: 3
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 1911
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Freezer, Washer, Dryer, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Flooring: Hardwood
  • Interior Amenities: Elevator, Storage
  • LivingArea: 1400
  • Other Equipment: TV-Cable, Security System, Intercom, CO Detectors, Ceiling Fan(s)
  • Room Type: Walk In Closet, Foyer, Balcony/Porch/Lanai
  • Stories Total: 1
  • Window Features: Screens
  • Estimated Total Finished Sq Ft: 0
  • Bathroom Amenities: Double Sink,Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Fireplace Location: Living Room
  • Square Footage Comments: Square footage is estimated
  • Total Sq Ft: 0
  • Flooring: Hardwood

Exterior Features

  • Common Walls: End Unit
  • Construction Materials: Brick
  • ExteriorFeatures: Balcony
  • Foundation Details: Block
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Yes, Other, Attached, Garage
  • ParkingTotal: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Washer Hookup
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 635
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Forth Group
  • Management Contact Name: Matt Schreck
  • Management Phone: 312-379-0400X109

Fee Information

  • Association Fee Includes: Heat, Water, Gas, Parking, Insurance, TV/Cable, Exterior Maintenance, Scavenger, Snow Removal, Internet

Lot Info

  • Additional Parcels: Yes
  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 60

Tax Info

  • Tax Annual Amount: 6879.11
  • Tax Year: 2023

Multi Family

  • Units in Building: 58

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2025
Closed on
May 28, 2025
Sold by
Bergren Stephanie and Barker Tyler
Bought by
Berta Jason and Bloodgood Jessica Lea
Seller's Agent
Liz Moreno
Fulton Grace Realty
Buyer's Agent
Ben Lalez
Compass
List Price
$450,000
Sold Price
$450,000
Views
16
Current Estimated Value
$413,389

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$36,611
Avg. Annual Appreciation
-13.40%
Original Mortgage
$250,000
Outstanding Balance
$248,313
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$165,076

Purchase Details

Listed on
Feb 8, 2021
Closed on
Mar 6, 2021
Sold by
Ikamas Andrew Ikamas and Ikamas Sarah Jeane
Bought by
Berren Stephanie and Barker Tyler
Seller's Agent
Kim Ehler
Compass
Buyer's Agent
Grigory Pekarsky
Vesta Preferred LLC
List Price
$379,900
Sold Price
$404,900
Premium/Discount to List
$25,000
6.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.55%
Original Mortgage
$382,400
Interest Rate
2.75%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 16, 2015
Closed on
Jun 18, 2015
Sold by
Gudas Mary E
Bought by
Ikamas Andrew Russell and Ikamas Sarah Jeane
Seller's Agent
Anita Nosek
Chicagoland Brokers, Inc.
Buyer's Agent
Chris Stefani
Keller Williams ONEChicago
List Price
$385,000
Sold Price
$386,000
Premium/Discount to List
$1,000
0.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.83%
Original Mortgage
$366,700
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 29, 1999
Sold by
American National Bk&Tr Co Of Chicago
Bought by
Gudas Mary E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,490
Interest Rate
7.7%
Mortgage Type
Balloon
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $450,000 None Listed On Document
Warranty Deed $405,000 Proper Title
Warranty Deed $386,000 None Available
Deed $179,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $250,000 New Conventional
Previous Owner $382,400 New Conventional
Previous Owner $366,700 New Conventional
Previous Owner $143,490 Balloon
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/30/2025 05/30/25 Sold $450,000 0.0% $321 / Sq Ft
04/27/2025 04/27/25 Pending -- -- --
04/24/2025 04/24/25 For Sale $450,000 +11.1% $321 / Sq Ft
03/19/2021 03/19/21 Sold $404,900 +6.6% $289 / Sq Ft View Prior Sale
02/11/2021 02/11/21 Pending -- -- --
02/08/2021 02/08/21 For Sale $379,900 -1.6% $271 / Sq Ft
06/18/2015 06/18/15 Sold $386,000 +0.3% $276 / Sq Ft View Prior Sale
04/21/2015 04/21/15 Pending -- -- --
04/16/2015 04/16/15 For Sale $385,000 -- $275 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

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
2025 $6,350 $32,371 $8,153 $24,218
2024 $6,350 $32,371 $8,153 $24,218
2023 $6,190 $30,000 $6,815 $23,185
2022 $6,190 $30,000 $6,815 $23,185
2021 $5,379 $29,999 $6,815 $23,184
2020 $5,203 $26,459 $5,388 $21,071
2019 $5,100 $28,811 $5,388 $23,423
2018 $5,013 $28,811 $5,388 $23,423
2017 $4,575 $24,628 $4,451 $20,177
2016 $4,433 $24,628 $4,451 $20,177
2015 $4,032 $24,628 $4,451 $20,177
2014 $3,691 $22,460 $3,982 $18,478
2013 $3,607 $22,460 $3,982 $18,478
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12345494

Midwest Real Estate Data (MRED)

APN: 17-22-302-051-1027