Off Market1340d on marketHistoric · 120 yrs
1601 S Michigan Ave APT 200
Chicago, IL, 60616 • South Loop • Cook County
$427,000
$344/sqft
2Beds
2Baths
1,241Sqft
0.66 acLot
1906Built
Property DNA
City Views
City
Character Home
Built 1906 · 120 years of history
Tile & Hardwood Floors
Quality flooring throughout
Market activity
Demand and pricing signals for this listing
2 views
People checking out this listing
1340 days on market
Established listing
$344/sqft
Price per square foot
About this home
Condo · Built 1906 · Historic
Dramatic and sun-drenched NW corner 2 bedroom, 2 bath at Skyline Lofts. Originally built in 1906 for Fraco Electric Company, this home is loaded with character. Large open layout, 14-foot ceilings and full wall of over-sized windows showcase City views. Exposed brick, granite kitchen, breakfast bar-island, 42" maple cabinets, custom lighting and gas fireplace. The primary bedroom has new carpet, walk-in closet, barn door and is en-suite. Both bathrooms completely renovated in 2020 with quartz countertops and a marble shower in each. Many updates made to the unit in the last 2 years including new carpet, new Whirlpool stainless steel kitchen appliances, refinished wood floors, custom Hunter Douglas blinds, and fresh paint to name a few! In unit washer/dryer, additional storage locker number 4 and outside parking space number 14 included in the price. Close to ALL public transportation and South Loop Elementary, British Academy and Jones College Prep Schools, Loop, Target, Jewel, Marianos, Trader Joes, Whole Foods, Roosevelt Collection, Grant Park, Soldier Field, Lake and easy access to expressway makes this the perfect place to live. **RENTING IS NOT ALLOWED IN THIS BUILDING**
Estimated monthly payment
Based on current rates
$3,159/month
Principal & Interest$2,093
Property Tax$427
Insurance$142
HOA$497
Down payment20% ($85,400)
3%50%
Est. 6.20% rate · 30yr fixed · $341,600 loan
Full calculator →At a glance
Key facts and listing details
TypeCondo
Year Built1906
HeatingForced air, Gas
CoolingCentral
Parking1 Parking space
HOA$497 monthly
Property
Home typeCondo
Year built1906
Systems
HeatingForced air, Gas
CoolingCentral
Water / SewerSewer-Storm
Parking & Outdoor
ParkingOff-street
BasementNone
Lot0.66 Acres
Location & Tax
NeighborhoodSouth Loop
Annual tax$6,562
Parcel17223020521010
Bathrooms & Fees
Full baths2
HOA$497/mo
Features & details
7 categories of property features
Interior Features
Appliances
Dishwasher
Dryer
Garbage disposal
Microwave
Range / Oven
Refrigerator
Washer
Flooring
Tile
Carpet
Hardwood
Heating
Forced air
Gas
Cooling
Central
Exterior Features
Exterior
Brick
Parking
Off-street
Views
City
Room details
3 rooms detailed
Walk In Closet
Dining Room
Master Bath
Listing insights
Market data and value estimates
StatusOff Market
Days on market1340
Est. value$427,000
Est. rent$2,965/mo
Tax rate1.99%
Price/sqft$344
Last sold$375,000
Tour days6
Views2
How are the schools in Chicago?
2 schools rated nearby
Location
Chicago, IL, 60616
Price history
12 events
DateEventPrice$/sqftSource
Aug 8, 2022Sold$375,000$302MRED as distributed by MLS GRID
Jul 5, 2022Contingent$375,000$302MRED as distributed by MLS GRID
Jun 29, 2022Listed For Sale$375,000$302MRED as distributed by MLS GRID
Apr 28, 2021Sold$370,000$298MRED as distributed by MLS GRID
Apr 1, 2021Pending Sale$379,000$305BHHS Chicago
Mar 31, 2021Contingent$379,000$305MRED as distributed by MLS GRID
Mar 12, 2021Listed For Sale$379,000$305BHHS Chicago
Jun 6, 2019Sold$342,000$276Agent Provided
May 1, 2019Pending Sale$344,900$278RCI Preferred Realty
Apr 26, 2019Listed For Sale$344,900$278RCI Preferred Realty
Feb 23, 2005Sold$335,000$270Public Record
Nov 9, 1999Sold$196,500$158Public Record
Sold$375,000
Aug 8, 2022•$302/sqft•MRED as distributed by MLS GRID
Contingent$375,000
Jul 5, 2022•$302/sqft•MRED as distributed by MLS GRID
Listed For Sale$375,000
Jun 29, 2022•$302/sqft•MRED as distributed by MLS GRID
Sold$370,000
Apr 28, 2021•$298/sqft•MRED as distributed by MLS GRID
Pending Sale$379,000
Apr 1, 2021•$305/sqft•BHHS Chicago
Contingent$379,000
Mar 31, 2021•$305/sqft•MRED as distributed by MLS GRID
Listed For Sale$379,000
Mar 12, 2021•$305/sqft•BHHS Chicago
Sold$342,000
Jun 6, 2019•$276/sqft•Agent Provided
Pending Sale$344,900
May 1, 2019•$278/sqft•RCI Preferred Realty
Listed For Sale$344,900
Apr 26, 2019•$278/sqft•RCI Preferred Realty
Sold$335,000
Feb 23, 2005•$270/sqft•Public Record
Sold$196,500
Nov 9, 1999•$158/sqft•Public Record
Tax history
24 years of records
YearTax paidAssessed value
Apr 10, 2023$6,562$30,999
Apr 10, 2022$6,396$30,999
Apr 10, 2021$6,252$30,999
Apr 10, 2020$7,058$31,685
Apr 10, 2019$6,244$34,509
Apr 10, 2018$6,138$34,509
Apr 10, 2017$4,987$26,541
Apr 10, 2016$4,816$26,541
Apr 10, 2015$4,383$26,541
Apr 10, 2014$3,760$22,835
Apr 10, 2013$3,675$22,835
Apr 10, 2012$3,650$22,835
Apr 10, 2011$3,591$24,179
Apr 10, 2010$4,352$30,750
Apr 10, 2009$3,870$30,750
Apr 10, 2008$3,197$27,729
Apr 10, 2007$3,098$27,729
Apr 10, 2006$3,074$27,729
Apr 10, 2005$3,530$21,602
Apr 10, 2004$3,494$21,602
Apr 10, 2003$3,418$21,602
Apr 10, 2002$3,367$20,562
Apr 10, 2001$3,210$20,562
Apr 10, 2000—$20,562
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
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