$220,000
Chicago, IL 60616
Experience urban living in this newly painted 4th-floor loft condo at 1601 S Michigan Ave #405. This 1-bedroom, 1-bathroom home features impressive 11-foot ceilings and charming exposed brick in the living room, which opens onto an attached, refinished balcony with a northern exposure. The living area is centered around a cozy, gas ventless fireplace. The kitchen is updated with modern appliances (mostly 2021/2022, with a 2017 refrigerator) and in-unit laundry. This secure building utilizes a Butterfly entry system and includes an exterior deeded parking space in the price. Recent building updates include a 2023 roof overlay, and elevator and exterior improvements. Ideally located, this home is just blocks from the Red/Green lines and the Metra station, offering easy access to the Museum Campus, Lake Shore Drive, I-55, and I-90/94, as well as an array of neighborhood restaurants and bars.
Estimated monthly cost for this home
$1,823/mo
Estimate only, not a quote or offer of credit. Rate starts from today's market rate (6.58%, 2026-07-23). Taxes from the listing's MRED record. Talk to a lender for real numbers; a Subdiview agent can introduce you to a good one.
| 2024 property taxes | $3,128/yr |
From the listing's MRED record. MRED does not publish per-change dates through IDX, so price changes are shown without one rather than guessed.
MRED Broker ReciprocityThis listing is part of the MRED data exchange program provided courtesy of Redfin Corporation, listed by Miguel Lopez.
Information last updated Jul 23, 2026, 2:38 PM.
1601 Michigan Avenue
Chicago, IL 60616

Talk to a Subdiview agent.
Local. They live in the area and know what’s behind these floor plans, not someone who paid for a lead.
Get the full disclosure packet, recent comps, and a private showing within 24 hours.
Call 224-385-8779Sourced from the MRED MLS feed. Last updated when the listing was modified.