1631 S Michigan Avenue Unit #506, Chicago, Illinois 60616
- $399,900
- 2
- BD
- 2
- Full Baths
- 1,350
- SqFt
- List Price
- $399,900
- Price Change
- ▼ $50,000 1783593960
- MLS#
- 12682879
- Status
- ACTIVE
- Type
- Condo
- Subtype
- Residential
- Bedrooms
- 2
- Bathrooms
- 2
- Living Area
- 1,350
- County
- Cook
- City
- Chicago
- Neighborhood
- Prairie District
- Days On Market
- 38
Property Description
Set within the historic Tandem Lofts, a distinctive warehouse conversion completed in 2000, this 2-bedroom, 2-bath unit enjoys the best of both worlds: authentic loft character in a building thoughtfully redeveloped with the addition of three upper floors, creating a unique blend of vintage industrial architecture and contemporary living. Soaring 10-foot ceilings and dramatic floor-to-ceiling windows fill the home with natural light while framing partial lake and city views throughout the day. The open-concept living and dining space is ideal for both everyday living and entertaining, anchored by a gas fireplace and direct access to a private balcony perfect for morning coffee or evening sunsets. The spacious kitchen features warm wood cabinetry, granite countertops, stainless steel appliances, and abundant prep and storage space. The generous primary suite offers excellent natural light, a large walk-in closet, and an en suite bath designed for comfort and convenience, while the second bedroom functions beautifully as a guest room, home office, or creative space with oversized windows of its own. Additional highlights include in-unit laundry, a large coat closet/storage room ideal for bikes and seasonal items, plus an additional dedicated storage space in the building. Heated garage parking is included. Set within a boutique brick-and-timber elevator building with classic loft details and an elegant, modern lobby, this home places you moments from some of the South Loop's most beloved destinations including Museum Campus, Burnham Harbor, Soldier Field, the lakefront trail, neighborhood coffee shops, restaurants, parks, grocery stores, and public transportation. Currently the largest two-bedroom condo on the market in the South Loop priced under $400,000, this is a rare opportunity to enjoy true loft living with exceptional space, warmth, convenience, and vibrant city energy all in one exceptional home. Seller will provide a $5,000 closing cost credit if the transaction closes before September 1.
Additional Information
- School District
- 299
- Corporate Limits
- Chicago
- Tax Year
- 2024
- Tax Exemptions
- Homeowner
- Tax Amount
- $8,312
- Assessment Association Dues
- 829
- Frequency
- Monthly
- Year Built
- 1920
- Exterior Property Features
- Balcony
- Exposure
- South, East, City, Lake/Water, Park
- Lot Dimensions
- PER SURVEY
- Stories
- 6
- Units
- 58
- Garage Spaces
- 1
- Parking Spaces
- 1
- Parking Details
- Asphalt, Garage Door Opener, Heated Garage, Garage, Yes, Garage Owned, Attached
- Pets Allowed
- Yes
- Pet Weight Limit
- 999
- Common Area Amenities
- Bike Room/Bike Trails, Elevator in Residence, Storage, Security Door Lock(s), High Speed Conn., Intercom, Public Bus, Security Lighting
- Air Conditioning
- Central Air
- Heating
- Natural Gas, Forced Air, Radiant, Indv Controls
- Sewer
- Public Sewer
- Interior Property Features
- Elevator, Storage, Walk-In Closet(s)
- Interior Fireplaces
- 1
- Full Baths
- 2
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