For Sale
New
3D Tour3D Tour
Condo for sale at 1631 S Michigan Ave #506, Chicago, IL 60616 | MLS# 12753729 | Listing updated on 2026-11-06
Photo 1 of Condo for sale at 1631 S Michigan Ave #506, Chicago, IL 60616 | MLS# 12753729 | Listing updated on 2026-11-06
Photo 2 of Condo for sale at 1631 S Michigan Ave #506, Chicago, IL 60616 | MLS# 12753729 | Listing updated on 2026-11-06
Photo 3 of Condo for sale at 1631 S Michigan Ave #506, Chicago, IL 60616 | MLS# 12753729 | Listing updated on 2026-11-06
Photo 4 of Condo for sale at 1631 S Michigan Ave #506, Chicago, IL 60616 | MLS# 12753729 | Listing updated on 2026-11-06
19+
Beds Icon

Virtual Tour

Beds Icon

Street View

$369,900

Monthly Est:$1,841

  • Beds Icon2 Beds
  • Beds Icon
    2 Baths
  • Beds Icon1,350sqft

1631 S Michigan Ave #506, Chicago, IL 60616

$1,841/moEst:

Get Pre-Approved

  • Condominium

  • Built in 1920

  • $829/mo HOA

  • -- sqft lot

  • $274/sq.ft

Description

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 available. 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. Currently the largest two-bedroom condo on the market in the South Loop priced under $400,000, this is a rare opportunity to enjoy true loft living with exceptional space, warmth, convenience, and vibrant city energy all in one exceptional home.

  • Houzeo last checked: 8 minutes ago
  • Listing updated: November 6, 2026 at 8:18 pm
  • Listing Provided by: David New (773) 562-2856 | Berkshire Hathaway HomeServices Chicago (312) 642-1400
  • Source: MRED MLS-IL as distributed by MLS GRID | MLS#: 12753729 MRED MLS-IL as distributed by MLS GRID

This condo is in:

Property Details

  • Status

    Active

  • Type

    Condominium

  • No. of Stories

    6

  • County

    Cook County

  • City

    Chicago

  • Neighborhood

    Near South Side

  • Year Built

    1920

  • HOA Fees

    $829/mo

  • Finished Area

    1,350 sqft

  • Lot Size

    -- sqft lot

  • Basement Area

    - sqft

  • MLS Name

    MRED MLS

  • MLS Number

    12753729

  • MLS Status

    New

  • Days on Market

    1

Continue Your Journey in App

Find your dream home, receive real-time updates, and many more!

Location

HOA Management

N/A

HOA Fees

$829/ Monthly

Amenities

Amenities and services may be covered by one or multiple associations and service providers.

Insurance Insurance

Internet Internet

Snow Removal Snow Removal

Storage Storage

Gas Gas

Water Water

Security Guard Security Guard

Elevator Elevator

Heating Heating

Parking Parking

Bike Trails Bike Trails

TV/Cable TV/Cable

Exterior Maintenance Exterior Maintenance

Scavenger Scavenger

Intercom Intercom

Public Bus Public Bus

Disclaimer: Amenities are based on third-party information and may vary; buyers must independently verify all amenities, as information is deemed reliable but not guaranteed.

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 2

    Bathrooms: 2

  • Balcony/Porch/Lanai

    Level: Main

    Area: 32.00 Square Feet

    Dimensions: 08X04

  • Foyer

    Level: Main

    Area: 50.00 Square Feet

    Dimensions: 10X5

  • Bonus Room

    Level: Main

    Area: 40.00 Square Feet

    Dimensions: 5X8

  • Bedroom 2

    Level: Main

    Area: 120.00 Square Feet

    Dimensions: 12X10

  • Dining Room

    Level: Main

    Area: 60.00 Square Feet

    Dimensions: 10X6

  • Kitchen

    Level: Main

    Area: 91.00 Square Feet

    Dimensions: 13X7

  • Laundry

    Level: Main

    Area: 16.00 Square Feet

    Dimensions: 4X4

  • Living Room

    Level: Main

    Area: 221.00 Square Feet

    Dimensions: 17X13

  • Master Bedroom

    Level: Main

    Area: 208.00 Square Feet

    Dimensions: 16X13

Interior

  • Cooling

    Central Air

  • Interior Features

    Elevator, Storage, Walk In Closet(s)

  • Exterior Features

    Balcony

  • Flooring

    Laminate

  • Appliances

    Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal

  • Heating

    Gas, Forced Air, Radiant, Indv Controls

  • Sewer

    Public Sewer

Construction

  • Year Built

    Year Built: 1920

  • Home type

    Condominium

  • Foundation Details

    Concrete Perimeter, Pillar/post/pier

  • Construction Materials

    Brick, Stone

  • Roof

    Rubber

Utilities & Energy

  • Laundry Features

    Washer Hookup, In Unit

  • Electric

    Circuit Breakers, 100 Amp Service

  • Basement

    None

  • Association Amenities

    Bike Room/bike Trails, Elevator In Residence, Storage, Security Door Lock(s), High Speed Conn., Intercom, Public Bus, Security Lighting

  • Water Source

    Lake Michigan, Public

  • Fireplace Features

    Gas Log, Gas Starter

  • Utilities

    Cable Available

  • Parking Features

    Asphalt

Price History

DateEventPrice

11/05/2026

Source: mls_logoMRED MLS-IL #MRD12739490

Listing Removed

$369,900

$274/sqft

11/05/2026

Source: mls_logoMRED MLS-IL #MRD12753729

Listed for Sale

$369,900

$274/sqft

10/08/2026

Source: mls_logoMRED MLS-IL #MRD12739490

Price Decreased

$369,900 -5.13%

$274/sqft

09/08/2026

Source: mls_logoMRED MLS-IL #MRD12739490

Price Decreased

$389,900 -2.50%

$289/sqft

08/21/2026

Source: mls_logoMRED MLS-IL #MRD12682879

Listing Removed

$399,900

$296/sqft

Show more

Nearby Homes

This representation is based in whole or in part on data supplied by Midwest Real Estate Data, LLC through Nov 07, 2026, 12:45AM. Midwest Real Estate Data, LLC does not guarantee nor is it in any way responsible for its accuracy. Data maintained by Midwest Real Estate Data LLC may not reflect all real estate activity in the market.

Based on information submitted to the MLS GRID as of Nov 07, 2026, 12:45AM. All data is obtained from various sources and has not been, and will not be, 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. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Some IDX listings have been excluded from this website. Information is provided exclusively for consumers’ personal non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID, MRED or Houzeo. The use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS, if any, and as amended from time to time. Properties displayed may be listed or sold by various participants in the MLS,

Listings courtesy of MRED as distributed by MLS GRID. ©2026 Midwest Real Estate Data LLC. All Rights Reserved

Advertising Broker: Jorge Romero | Realty One Group Inc.

Skip to Main Content