Sold1013d on market
1601 S Michigan Ave APT 401
Chicago, IL, 60616 • South Loop • Cook County
$288,000
1Beds
1Baths
Property DNA
1 Fireplace
Double Sided · Gas Log · Living Room
1-Car Garage
Garage Door Opener · Off Site · Deeded · Detached · Garage
Hardwood Floors
Quality flooring throughout
$379/mo HOA
Elevator(s) · Storage · Security Door Lock(s)
This home is in high demand
Listed 1013 days ago · 3 views · Top 1% likely to sell soon
Market activity
Demand and pricing signals for this listing
3 views
People checking out this listing
1013 days on market
Established listing
Selling Soon Prediction
Very HighThis home ranks in the top 1% 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
Stunning 1-bedroom / 1-bathroom condo in the South Loop with phenomenal city views to the well-thought-out contemporary upgrades in this spacious, open concrete-ceiling Loft. Open floorplan is perfect for entertaining, and the living/dining space can accommodate any seating arrangement, as well as full-sized dining table. Gorgeous hardwood floors throughout, huge windows, double-sided gas fireplace and massive balcony. Kitchen upgrades include beautiful cabinets, stainless steel appliances, granite countertops and kitchen bar. Spa-like bathroom with marble countertop and gorgeous custom tiles. Oversized bedroom can fit all of your furniture, with an extremely large walk-in closet. Front-loading W/D in-unit. Balcony has incredible panoramic city views, large enough for outdoor furniture, chairs and grill. Huge storage locker in basement included in price. Private deeded garage parking garage (large enough for car and motorcycle) available for $30,000. Building has guest parking as well. A+ location near lakefront trail, dog park, Museum Campus, Grant Park, restaurants, Marianos, and convenient access to public transit and expressways.
Standout features identified
Our analysis highlights contemporary upgrades, double-sided gas fireplace, and near lakefront trail as key attractions of this home.
Estimated monthly payment
Based on current rates
$2,181/month
Principal & Interest$1,418
Property Tax$288
Insurance$96
HOA$379
Down payment20% ($57,600)
3%50%
Est. 6.25% rate · 30yr fixed · $230,400 loan
Full calculator →At a glance
Key facts and listing details
TypeCondominium, Apartment, Single Family Residence
HeatingNatural Gas, Forced Air
CoolingCentral Air
Parking1 Garage space
HOA$379 monthly
Property
Home typeCondo
Sub-typeCondominium, Apartment, Single Family Residence
Systems
HeatingNatural Gas, Forced Air
CoolingCentral Air
ConstructionBrick
Water / SewerLake Michigan, Public / Public Sewer
Parking & Outdoor
ParkingGarage Door Opener, Off Site, Deeded, Detached, Garage
Garage1 spaces
BasementNone
Fireplaces1
Location & Tax
NeighborhoodSouth Loop
Annual tax$3,428
Parcel17223020521027
Bathrooms & Fees
Full baths1
HOA$379/mo
Features & details
10 categories of property features
Interior Features
Interior
Storage
Walk-In Closet(s)
Appliances
Range
Microwave
Dishwasher
Refrigerator
Freezer
Washer
Dryer
Stainless Steel Appliance(s)
Flooring
Hardwood
Heating
Natural Gas
Forced Air
Cooling
Central Air
Laundry
Washer Hookup
Main Level
In Unit
Laundry Closet
Fireplace
Double Sided
Gas Log
Living Room
Accessibility
No Disability Access
Exterior Features
Parking
Garage Door Opener
Off Site
Deeded
Detached
Garage
Construction
Brick
Room details
19 rooms detailed
Master Bedroom
Main10×14 ft140 sqft
Flooring (Hardwood)
Bedroom2
Bedroom3
Bedroom4
Other
Other
Listing insights
Market data and value estimates
StatusSold
Days on market1013
Est. value$298,500
Est. rent$2,212/mo
Tax rate1.99%
On marketJul 6, 2023
PostedJul 6, 2023
Last sold$288,000
MLS statusClosed
MLS updatedJul 7, 2023
Tour days6
Views3
How are the schools in Chicago?
2 schools rated nearby
Location
Chicago, IL, 60616
Price history
8 events
DateEventPrice$/sqftSource
Jul 6, 2023Sold$288,000—MRED as distributed by MLS GRID
Jun 23, 2023Pending Sale$250,000—MRED as distributed by MLS GRID
May 29, 2023Contingent$250,000—MRED as distributed by MLS GRID
May 25, 2023Listed For Sale$250,000—MRED as distributed by MLS GRID
Apr 13, 2018Sold$300,000—MRED as distributed by MLS GRID
Mar 16, 2018Pending Sale$274,900—Kurt Hulsebus
Mar 7, 2018Listed For Sale$274,900—Kurt Hulsebus
Jan 22, 2016Sold$227,000—Agent Provided
Sold$288,000
Jul 6, 2023•MRED as distributed by MLS GRID
Pending Sale$250,000
Jun 23, 2023•MRED as distributed by MLS GRID
Contingent$250,000
May 29, 2023•MRED as distributed by MLS GRID
Listed For Sale$250,000
May 25, 2023•MRED as distributed by MLS GRID
Sold$300,000
Apr 13, 2018•MRED as distributed by MLS GRID
Pending Sale$274,900
Mar 16, 2018•Kurt Hulsebus
Listed For Sale$274,900
Mar 7, 2018•Kurt Hulsebus
Sold$227,000
Jan 22, 2016•Agent Provided
Tax history
24 years of records
YearTax paidAssessed value
Apr 15, 2023$3,598$16,999
Apr 15, 2022$3,507$16,999
Apr 15, 2021$3,429$16,999
Apr 15, 2020$4,041$18,139
Apr 15, 2019$3,969$19,756
Apr 15, 2018$3,902$19,756
Apr 15, 2017$3,271$15,193
Apr 15, 2016$2,543$15,193
Apr 15, 2015$2,303$15,193
Apr 15, 2014$1,949$13,072
Apr 15, 2013$1,899$13,072
Apr 15, 2012$2,346$13,072
Apr 15, 2011$2,243$13,841
Apr 15, 2010$2,864$17,603
Apr 15, 2009$2,745$17,603
Apr 15, 2008$2,277$15,873
Apr 15, 2007$2,254$15,873
Apr 15, 2006$2,279$15,873
Apr 15, 2005$1,722$12,366
Apr 15, 2004$1,686$12,366
Apr 15, 2003$1,667$12,366
Apr 15, 2002$1,787$11,771
Apr 15, 2001$2,038$11,771
Apr 15, 2000—$11,771
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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