Chicago, IL 60616 1631 S MICHIGAN Avenue # 506

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Presented By: Berkshire Hathaway HomeServices Chicago
  • MLS# 12649473
  • 05/15/2026
  • Request Tour
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  • Beds • 2
  • Baths • 2
  • SQFT • 1,350
  • Garage • 1

Home Details

Set within the historic Tandem Lofts, a distinctive warehouse conversion completed in 2000, this 2-bedroom, 2-bath unit enjoys the best of both worlds: authentic loft character in a building thoughtfully redeveloped with the addition of three upper floors, creating a unique blend of vintage industrial architecture and contemporary living. Soaring 10-foot ceilings and dramatic floor-to-ceiling windows fill the home with natural light while framing partial lake and city views throughout the day. The open-concept living and dining space is ideal for both everyday living and entertaining, anchored by a gas fireplace and direct access to a private balcony perfect for morning coffee or evening sunsets. The spacious kitchen features warm wood cabinetry, granite countertops, stainless steel appliances, and abundant prep and storage space. The generous primary suite offers excellent natural light, a large walk-in closet, and an en suite bath designed for comfort and convenience, while the second bedroom functions beautifully as a guest room, home office, or creative space with oversized windows of its own. Additional highlights include in-unit laundry, a large coat closet/storage room ideal for bikes and seasonal items, plus an additional dedicated storage space in the building. Heated garage parking is included. Set within a boutique brick-and-timber elevator building with classic loft details and an elegant, modern lobby, this home places you moments from some of the South Loop's most beloved destinations including Museum Campus, Burnham Harbor, Soldier Field, the lakefront trail, neighborhood coffee shops, restaurants, parks, grocery stores, and public transportation. A rare opportunity to enjoy true loft living with space, warmth, convenience, and vibrant city energy all in one exceptional home.
Presented By: Berkshire Hathaway HomeServices Chicago

Interior Features for 1631 S MICHIGAN Avenue # 506

Bedrooms

Bedrooms Possible2
Total Bedrooms2

Bathrooms

BathroomWhirlpool, Double Sink
Half Baths
Total Baths2

Other Interior Features

LivingAreaSourceEstimated
BasementNone
Fireplace FeaturesGas Log, Gas Starter
FlooringLaminate
Interior AmenitiesElevator, Storage, Walk-In Closet(s)
Laundry FeaturesWasher Hookup, In Unit
Total Fireplaces1
Total Number of Units58
Total Stories6

Other Rooms

Room TypeBalcony/Porch/Lanai, Foyer, Bonus Room

General for 1631 S MICHIGAN Avenue # 506

AccessibilityDoor Width 32 Inches or More, Bath Grab Bars, Low Bathroom Mirrors, Low Closet Rods, Lowered Light Switches, Main Level Entry, No Interior Steps, Disabled Parking, Wheelchair Accessible, Wheelchair Height Mai
Additional Parcels Description17223020511092
Additional Parcels Y/NYes
AppliancesRange, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
Assoc Fee Paid PerMonthly
Association AmenitiesBike Room/Bike Trails, Elevator in Residence, Storage, Security Door Lock(s), High Speed Conn., Intercom, Public Bus, Security Lighting
Association Fee IncludesHeat, Water, Gas, Parking, Insurance, TV/Cable, Exterior Maintenance, Scavenger, Snow Removal, Internet
CityChicago
Construction MaterialsBrick, Stone
CoolingCentral Air
CountyCook
DirectionsSOUTH ON MICHIGAN TO 1631
ElectricCircuit Breakers, 100 Amp Service
Elementary School District299
Full Baths2
Garage Spaces1
HOA Fee$829
HeatingNatural Gas, Forced Air, Radiant, Indv Controls
High School District299
Living Area1350
MLS AreaCHI - Near South Side
MRD_CAN_OWNER_RENTYes
Middle/Junior School District299
New ConstructionNo
OwnershipCondo
Pets AllowedCats OK, Dogs OK
PossessionClosing
Property TypeResidential
Property TypeAttached Single
RoofRubber
SewerPublic Sewer
Standard StatusActive
StatusActive
Sub TypeCondo, Condo-Loft, Mid Rise (4-6 Stories)
Tax Annual Amount7802.39
Tax Year2024
Total Rooms6
TownshipSouth Chicago
Unit Number506
UtilitiesCable Available
Virtual TourClick here
Year Built1920

Exterior for 1631 S MICHIGAN Avenue # 506

Exterior AmenitiesBalcony
Foundation DetailsConcrete Perimeter, Pillar/Post/Pier
Lot DimensionsPER SURVEY
Other EquipmentTV-Cable, Intercom, CO Detectors
Parking FeaturesAsphalt, Garage Door Opener, Heated Garage, Garage, Yes, Garage Owned, Attached
Total Parking1
Water SourceLake Michigan, Public
Waterfront Y/NNo

Additional Details

Price History

Client Care

Price $449,900
MLS#12649473
List Date 05/15/2026
Property Type Condos
Phone 847.485.2500
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