For Sale8d on market
1801 S Michigan Ave APT 505
Chicago, IL, 60616 • South Loop • Cook County
$275,000
$344/sqft
Down payment assistance available
1Beds
1Baths
800Sqft
1998Built
Property DNA
1 Fireplace
Gas Log · Living Room
1-Car Garage
Garage Door Opener · Yes · Garage Owned · Attached · Garage
This home is in high demand
Listed 8 days ago · 744 views · 43 saves · Top 7% likely to sell soon
Market activity
Demand and pricing signals for this listing
744 views
People checking out this listing
43 saves
Buyers have saved this home
8 days on market
Recently listed
$344/sqft
Price per square foot
Selling Soon Prediction
Very HighThis home ranks in the top 7% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
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About this home
Condo · Built 1998
Stylish timber loft in the heart of Chicago's vibrant South Loop! This spacious 1 bed / 1 bath home offers approximately 800 sq ft of character and comfort, featuring chic exposed brick, soaring high ceilings, and true hardwood floors throughout. The custom kitchen is equipped with stainless steel appliances and flows seamlessly into the open living space-perfect for entertaining or relaxing at home. The generously sized bedroom provides ample closet space, while the private balcony offers a great spot to unwind or enjoy city views. Additional highlights include in-unit laundry, a newer furnace (2022), and a brand-new refrigerator (2024) for added peace of mind. This well-maintained building features a fitness center and is ideally located near parks, restaurants, public transportation, and all that the South Loop has to offer. A perfect blend of loft character and modern convenience!
Standout features identified
Our analysis highlights generously sized bedroom, soaring high ceilings, and true hardwood floors throughout as key attractions of this home.
Estimated monthly payment
Based on current rates
$2,148/month
Principal & Interest$1,348
Property Tax$275
Insurance$92
HOA$433
Down payment20% ($55,000)
3%50%
Est. 6.20% rate · 30yr fixed · $220,000 loan
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At a glance
Key facts and listing details
TypeCondominium, Single Family Residence
Year Built1998
HeatingElectric
CoolingCentral Air
Parking1 Attached Garage space
HOA$433 monthly
Days on Zillow8 Days
Price/sqft$344
Property
Home typeCondo
Sub-typeCondominium, Single Family Residence
Year built1998
Systems
HeatingElectric
CoolingCentral Air
ConstructionConcrete
Water / SewerPublic / Public Sewer
Parking & Outdoor
ParkingGarage Door Opener, Yes, Garage Owned, Attached, Garage
Garage1 spaces
BasementNone
Fireplaces1
Location & Tax
NeighborhoodSouth Loop
Annual tax$5,083
Parcel17223070571035
Bathrooms & Fees
Full baths1
HOA$433/mo
Features & details
8 categories of property features
Interior Features
Appliances
Range
Microwave
Dishwasher
Refrigerator
Washer
Dryer
Heating
Electric
Cooling
Central Air
Laundry
In Unit
Laundry Closet
Fireplace
Gas Log
Living Room
Accessibility
No Disability Access
Exterior Features
Parking
Garage Door Opener
Yes
Garage Owned
Attached
Garage
Construction
Concrete
Room details
19 rooms detailed
Master Bedroom
Main14×11 ft154 sqft
Flooring (Carpet)
Bedroom2
Bedroom3
Bedroom4
Other
Other
Listing insights
Market data and value estimates
StatusFor Sale
Days on market8
Tax rate1.99%
Price/sqft$344
On marketApr 1, 2026
PostedApr 1, 2026
Last sold$256,000
MLS statusActive
MLS updatedApr 6, 2026
Tour days9
Views744
Favorites43
How are the schools in Chicago?
2 schools rated nearby
Location
Chicago, IL, 60616
Price history
22 events
DateEventPrice$/sqftSource
Apr 1, 2026Listed For Sale$275,000$344MRED as distributed by MLS GRID
Apr 5, 2023Listing Removed——Zillow Rentals
Apr 3, 2023Listed For Rent$1,900$2Zillow Rentals
Mar 5, 2021Listing Removed——Zillow Rental Manager
Jan 26, 2021Price Change$1,600$2Zillow Rental Manager
Jan 16, 2021Price Change$1,700$2Zillow Rental Manager
Jan 10, 2021Price Change$1,800$2Zillow Rental Manager
Dec 25, 2020Price Change$1,900$2Zillow Rental Manager
Dec 5, 2020Price Change$1,800$2Owner
Nov 28, 2020Listed For Rent$1,900$2Owner
Dec 13, 2019Sold$256,000$320MRED as distributed by MLS GRID
Nov 14, 2019Pending Sale$239,900$300Baird & Warner
Oct 17, 2019Price Change$239,900$300Baird & Warner
Oct 4, 2019Listed For Sale$249,000$311Baird & Warner
Dec 28, 2015Sold$223,000$279MRED as distributed by MLS GRID
Oct 29, 2015Pending Sale$229,900$287Baird & Warner
Sep 16, 2015Price Change$229,900$287Baird & Warner
Aug 26, 2015Listed For Sale$235,900$295Berkshire Hathaway HomeServices KoenigRubloff Realty Group
Aug 22, 2015Pending Sale$235,900$295Berkshire Hathaway HomeServices KoenigRubloff Realty Group
Jul 29, 2015Price Change$235,900$295Berkshire Hathaway HomeServices KoenigRubloff Realty Group
Jun 15, 2015Listed For Sale$239,900$300Berkshire Hathaway HomeServices KoenigRubloff
Aug 20, 1998Sold$114,000$143Public Record
Listed For Sale$275,000
Apr 1, 2026•$344/sqft•MRED as distributed by MLS GRID
Listing Removed—
Apr 5, 2023•Zillow Rentals
Listed For Rent$1,900
Apr 3, 2023•$2/sqft•Zillow Rentals
Listing Removed—
Mar 5, 2021•Zillow Rental Manager
Price Change$1,600
Jan 26, 2021•$2/sqft•Zillow Rental Manager
Price Change$1,700
Jan 16, 2021•$2/sqft•Zillow Rental Manager
Price Change$1,800
Jan 10, 2021•$2/sqft•Zillow Rental Manager
Price Change$1,900
Dec 25, 2020•$2/sqft•Zillow Rental Manager
Price Change$1,800
Dec 5, 2020•$2/sqft•Owner
Listed For Rent$1,900
Nov 28, 2020•$2/sqft•Owner
Sold$256,000
Dec 13, 2019•$320/sqft•MRED as distributed by MLS GRID
Pending Sale$239,900
Nov 14, 2019•$300/sqft•Baird & Warner
Price Change$239,900
Oct 17, 2019•$300/sqft•Baird & Warner
Listed For Sale$249,000
Oct 4, 2019•$311/sqft•Baird & Warner
Sold$223,000
Dec 28, 2015•$279/sqft•MRED as distributed by MLS GRID
Pending Sale$229,900
Oct 29, 2015•$287/sqft•Baird & Warner
Price Change$229,900
Sep 16, 2015•$287/sqft•Baird & Warner
Listed For Sale$235,900
Aug 26, 2015•$295/sqft•Berkshire Hathaway HomeServices KoenigRubloff Realty Group
Pending Sale$235,900
Aug 22, 2015•$295/sqft•Berkshire Hathaway HomeServices KoenigRubloff Realty Group
Price Change$235,900
Jul 29, 2015•$295/sqft•Berkshire Hathaway HomeServices KoenigRubloff Realty Group
Listed For Sale$239,900
Jun 15, 2015•$300/sqft•Berkshire Hathaway HomeServices KoenigRubloff
Sold$114,000
Aug 20, 1998•$143/sqft•Public Record
Tax history
25 years of records
YearTax paidAssessed value
Apr 10, 2023$4,805$22,699
Apr 10, 2022$4,683$22,699
Apr 10, 2021$4,578$22,699
Apr 10, 2020$4,161$18,678
Apr 10, 2019$3,397$20,338
Apr 10, 2018$3,339$20,338
Apr 10, 2017$2,910$16,895
Apr 10, 2016$2,884$16,895
Apr 10, 2015$2,615$16,895
Apr 10, 2014$2,558$16,358
Apr 10, 2013$2,497$16,358
Apr 10, 2012$2,737$17,748
Apr 10, 2011$2,280$16,089
Apr 10, 2010$2,568$17,600
Apr 10, 2009$2,450$17,600
Apr 10, 2008$2,203$17,204
Apr 10, 2007$2,194$17,204
Apr 10, 2006$2,205$17,204
Apr 10, 2005$2,344$16,175
Apr 10, 2004$2,616$16,175
Apr 10, 2003$1,508$16,175
Apr 10, 2002$1,595$10,699
Apr 10, 2001$1,502$10,699
Apr 10, 2000$1,701$10,699
Apr 10, 1999—$10,852
Nearby homes
Neighborhood details
Local context around this listing
Chicago, IL • Cook County
Nearby neighborhoods
GreshamIrving ParkLake ViewLincoln ParkLittle VillageLogan SquareRogers ParkSouth AustinUptownWest Ridge
Nearby cities
Arlington HeightsChicagoCiceroDes PlainesElginEvanstonOrland ParkPalatine
Nearby zip codes
60608606176061860623606256062960632606346063960647
Similar homes
Based on information submitted to the MLS GRID as of 2026. 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. [Click here for more information](/mls-disclaimers/#17)
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