$550,000
Chicago, IL 60616
Experience elevated city living in this bright and spacious 3 bedroom, 2 bath concrete soft loft in the heart of the South Loop. Set on the 16th floor, this beautifully updated corner home showcases spectacular unobstructed north + east facing city skyline and Lake Michigan views through dramatic floor-to-ceiling windows that flood the space with natural light. Step outside to your expansive private balcony the perfect place to enjoy morning coffee or unwind while taking in the cityscape + lake. The thoughtfully designed floor plan features fully enclosed king + queen sized bedrooms, offering the privacy rarely found in loft living. The newly updated kitchen boasts new cabinet fronts, granite counters and brand new SS appliances and the newly updated bathrooms blend modern style with everyday functionality, while generous room sizes, a dining nook perfect for banquette seating, abundant closet space, additional storage, and an in-unit washer and dryer provide exceptional convenience. Monthly assessments include *heat, cooking gas, basic cable + internet* making for easy, worry-free living. Residents enjoy the security and convenience of a full-service building with 24-hour door staff, on site management, building engineers, bike storage, dog run. Heated garage parking is available for an additional $30,000. Enjoy direct resident only access to the South Loop Market for all of your grocery staples, including produce, liquor + wine, and a deli! Ideally located in the vibrant South Loop, you'll be just moments from some of Chicago's best restaurants, cafes, shopping, museums, Grant Park, the beach, the Lakefront Trail, Fred Anderson Dog Park, McCormick Place, and convenient access to the CTA Red, Green, Orange, and Pink Lines offering an unbeatable combination of neighborhood charm and downtown accessibility.
Estimated monthly cost for this home
$4,423/mo
Estimate only, not a quote or offer of credit. Rate starts from today's market rate (6.65%, 2026-08-20). Taxes from the listing's MRED record. Talk to a lender for real numbers; a Subdiview agent can introduce you to a good one.
| Listed Aug 24, 2026 | $550,000 |
| 2024 property taxes | $7,475/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.
Assigned schools per the listing's MRED record. Always verify with the district before you buy.
Elementary
South Loop Elementary School
299
Middle
South Loop Elementary School
299
High school
Wendell Phillips Academy High School299
See programs, enrollment & homes near this school →
MRED Broker ReciprocityThis listing is part of the MRED data exchange program provided courtesy of Compass, listed by Hayley Westhoff.
Information last updated Aug 26, 2026, 8:46 AM.
1720 MICHIGAN Avenue
Chicago, IL 60616

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Call 224-385-8779Sourced from the MRED MLS feed. Last updated when the listing was modified.