For Sale42d on market
1601 S Michigan Ave APT 304
Chicago, IL, 60616 • South Loop • Cook County
$259,000
-$6,000 since Feb 26, 2026
Down payment assistance available
1Beds
1Baths
Property DNA
1 Fireplace
Gas Log · Gas Starter · Living Room
Hardwood Floors
Quality flooring throughout
This home is getting attention
Listed 42 days ago · 951 views · 37 saves
Market activity
Demand and pricing signals for this listing
951 views
People checking out this listing
37 saves
Buyers have saved this home
42 days on market
Established listing
Selling Soon Prediction
ModerateThis home ranks in the top 32% 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
Welcome to this beautifully light-filled one-bedroom, one-bath residence located in the vibrant heart of the South Loop. Oversized windows frame city street views and bathe the open-concept living space in abundant natural light. The spacious living area is anchored by a cozy fireplace, creating a warm and inviting ambiance.The thoughtfully designed kitchen features an open concept overlooking your living area and balcony, ideal for entertaining. An in-unit washer and dryer add everyday convenience. Step onto your private balcony, perfect for relaxing or hosting guests during the warmer months. A basement storage locker (24) and a deeded outdoor parking space are included in the price-an exceptional and rare offering in this neighborhood. The building also provides guest parking for added ease. Enjoy a truly walkable lifestyle with close proximity to the lakefront, museums, Grant Park, campus areas, acclaimed dining, grocery stores, Dunkin is across the street, walking distance to Huge dog park and steps away from public transportation.
Estimated monthly payment
Based on current rates
$1,941/month
Principal & Interest$1,270
Property Tax$259
Insurance$86
HOA$326
Down payment20% ($51,800)
3%50%
Est. 6.20% rate · 30yr fixed · $207,200 loan
Full calculator →At a glance
Key facts and listing details
TypeCondominium, Apartment, Single Family Residence
HeatingNatural Gas, Forced Air
CoolingCentral Air
Parking1 Parking space
HOA$326 monthly
Days on Zillow42 Days
Property
Home typeCondo
Sub-typeCondominium, Apartment, Single Family Residence
Systems
HeatingNatural Gas, Forced Air
CoolingCentral Air
ConstructionBrick
Water / SewerLake Michigan / Public Sewer
Parking & Outdoor
ParkingYes, Owned
BasementNone
Fireplaces1
Location & Tax
NeighborhoodSouth Loop
Annual tax$3,597
Parcel17223020521022
Bathrooms & Fees
Full baths1
HOA$326/mo
Features & details
10 categories of property features
Interior Features
Interior
Elevator
Storage
High Ceilings
Open Floorplan
Flooring
Hardwood
Heating
Natural Gas
Forced Air
Cooling
Central Air
Laundry
Washer Hookup
Gas Dryer Hookup
In Unit
Fireplace
Gas Log
Gas Starter
Living Room
Accessibility
No Disability Access
Exterior Features
Exterior
Balcony
Parking
Yes
Owned
Construction
Brick
Room details
19 rooms detailed
Master Bedroom
Main12×11 ft132 sqft
Bathroom (Full)
Bedroom2
Bedroom3
Bedroom4
Other
Other
Listing insights
Market data and value estimates
StatusFor Sale
Days on market42
Tax rate1.99%
On marketFeb 26, 2026
PostedFeb 26, 2026
Last sold$223,500
MLS statusActive
MLS updatedMar 3, 2026
Tour days9
Views951
Favorites37
How are the schools in Chicago?
2 schools rated nearby
Location
Chicago, IL, 60616
Price history
5 events
DateEventPrice$/sqftSource
Feb 26, 2026Price Change$259,000—MRED as distributed by MLS GRID
Jan 26, 2026Listed For Sale$265,000—MRED as distributed by MLS GRID
Sep 8, 2008Sold$223,500—MRED as distributed by MLS GRID
Jun 19, 2008Listed For Sale$235,000—NRT Chicago
Dec 24, 2001Sold$184,000—Public Record
Price Change$259,000
Feb 26, 2026•MRED as distributed by MLS GRID
Listed For Sale$265,000
Jan 26, 2026•MRED as distributed by MLS GRID
Sold$223,500
Sep 8, 2008•MRED as distributed by MLS GRID
Listed For Sale$235,000
Jun 19, 2008•NRT Chicago
Sold$184,000
Dec 24, 2001•Public Record
Tax history
24 years of records
YearTax paidAssessed value
Apr 9, 2023$3,387$15,999
Apr 9, 2022$3,301$15,999
Apr 9, 2021$3,227$15,999
Apr 9, 2020$3,734$16,761
Apr 9, 2019$3,668$18,255
Apr 9, 2018$3,606$18,255
Apr 9, 2017$3,022$14,040
Apr 9, 2016$2,812$14,040
Apr 9, 2015$2,573$14,040
Apr 9, 2014$2,241$12,079
Apr 9, 2013$2,197$12,079
Apr 9, 2012$2,168$12,079
Apr 9, 2011$2,073$12,790
Apr 9, 2010$2,647$16,266
Apr 9, 2009$2,536$16,266
Apr 9, 2008$2,104$14,668
Apr 9, 2007$2,083$14,668
Apr 9, 2006$2,106$14,668
Apr 9, 2005$1,867$11,427
Apr 9, 2004$1,848$11,427
Apr 9, 2003$1,808$11,427
Apr 9, 2002$1,954$10,876
Apr 9, 2001$1,883$10,876
Apr 9, 2000—$10,876
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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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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