1617 S Michigan Ave, Unit 202

Chicago, IL 60616

$389,000
Price
2
Beds
1,800 Sq. Ft.
$216 / Sq. Ft.
1,800
Sq. Ft.
$216
per Sq. Ft.
Listed By @propertiesContingent
Listed By @propertiesContingent
a car parked in front of a building
a view of a room with wooden floor
a view of a water heater room with wooden floor
a view of room with wooden floor
a view of a living room
a view of a room with wooden floors and staircase
a view of an empty room with wooden floor and a window
a kitchen with a stove and a refrigerator
a view of an empty room with wooden floor and a window
a view of outdoor space and wooden floor
a bathroom with a sink toilet vanity and shower
a bathroom with a sink toilet and shower
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a picture of a room with a floor plan

Description

Discover this rare timber and brick loft in the vibrant South Loop neighborhood of Chicago, offering a perfect blend of historic charm and modern living. Located at 1617 S Michigan Ave, this unique 1,800 sq ft condo in the Studebaker Corner Lofts combines original architectural features with contemporary updates, making it a standout in today's market. Originally a Studebaker showroom, this spacious, two-bedroom+den loft boasts stunning barrel ceilings, a massive light monitor that floods the space...Discover this rare timber and brick loft in the vibrant South Loop neighborhood of Chicago, offering a perfect blend of historic charm and modern living. Located at 1617 S Michigan Ave, this unique 1,800 sq ft condo in the Studebaker Corner Lofts combines original architectural features with contemporary updates, making it a standout in today's market. Originally a Studebaker showroom, this spacious, two-bedroom+den loft boasts stunning barrel ceilings, a massive light monitor that floods the space with natural light, and beautiful original hardwood floors. The adaptable layout provides limitless possibilities for customization, ideal for those seeking a creative, open-concept home. Key features include an updated bathroom with a stylish vanity, an in-unit stackable washer and dryer, and a well-appointed open kitchen with a large peninsula and gas range-perfect for entertaining. The generous living area offers plenty of room for both relaxing and hosting guests. Enjoy outdoor parking for one vehicle included in the sale and a welcoming community of homeowners who appreciate the loft's unique character. Located just steps from downtown Chicago, this home provides easy access to the best of the South Loop, including Millennium Park, Museum Campus, Grant Park, and numerous dining, shopping, and entertainment options-all in a lively, walkable neighborhood. Additional amenities include centralized air conditioning, a service elevator, and low monthly HOA dues of approximately $420, covering water, building maintenance, snow removal, and more. No rental restrictions make this an excellent opportunity whether you're looking to buy your dream home or an investment property. Don't miss this chance to own a piece of Chicago history in one of the city's most sought-after neighborhoods. Schedule your visit today and make this exceptional loft yours!
  1. Listed by William Sherman • @properties Christie’s International Real Estate
    P: (708)-627-8716 C: (708)-627-8716 william.sherman@huntchicago.com; william@atproperties.com

Property Details for 1617 South Michigan Avenue, Unit 202

Area
CHI - Near South Side
Township
South Chicago
Ownership
Condo
Num Of Parking Spaces
1.0
Parking Included in Price
Yes
Air Conditioning Type
Central Air
Heat/Fuel
Natural Gas
Pets Allowed
Yes
LISTING UPDATED: 11/21/2025 08:18 AM

Property Details for 1617 South Michigan Avenue, Unit 202

StatusContingent
MLS #12500361
Days on Market32
Taxes$7,948 / year
HOA Fees$421 / month
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeAttached Single / Condo
Year Built-
CountyCook County

Location

Add your commute

Building Information for 1617 South Michigan Avenue, Unit 202

Building/Complex1617 S Michigan AveFloor2Stories3Residences15Pet PolicyAllowedPet Policy Details0Year Built-

Payment Calculator

$3,006 per month

30 year fixed, 6.28% Interest

Principal and Interest

$1,922

Property Taxes

$662

HOA Dues

$421

The Payment Calculator is for illustrative purposes only.

Property Information for 1617 South Michigan Avenue, Unit 202

General Information
School Information
  • Elementary School District: 299
  • High School District: 299
  • Middle Or Junior School District: 299
Addtl Parking Information
  • Parking Details: Off Street, Yes, Owned
Pet Information
  • Max Pet Weight: 999.0
  • Pet Information: Cats OK, Dogs OK
Location and General Information
  • Front Exposure: West
Taxes and HOA Information
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Water, Parking, Common Insurance, Exterior Maintenance, Scavenger, Snow Removal
  • Master Association Fee Frequency: Not Required
  • Additional Parcels: Yes
Property Information
Interior Features
  • Common Area Amenities: Service Elevator
  • Num Of Rooms: 6
  • Bedrooms Total: 2
  • Bedrooms (Below Grade): 0
  • Basement Type: None
  • Bedrooms Possible: 2
  • Air Conditioning: Central Air
  • Dining Room: Combined w/ LivRm
  • Basement Bathrooms: No
  • Room Type: Bonus Room
  • Num of Baths: 1.0
Exterior Features
  • Type: Condo,Condo-Loft,Low Rise (1-3 Stories)
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Lake Michigan
  • Appliances: Range, Microwave, Dishwasher, Refrigerator
Property/Lot Information
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: Yes
  • Rehab Year: 2000
  • Built Before 1978: Yes
  • Age: Unknown
  • Type Attached: Condo, Condo-Loft, Low Rise (1-3 Stories)
  • Total Sq Ft: 0
  • Aprox Total Finished Sq Ft: 0
  • Total Finished and Unfin Sq Ft: 0
  • Lot Dimensions: COMMON
  • Stories Total: 3
  • Total # Units in Building: 15.0
  • Waterfront: No
  • Disability Access and/or Equipped: No
  • Construction: Brick
  • General Information: None
  • North Coordinate: 0
  • South Coordinate: 1617
  • East Coordinate: 100
  • West Coordinate: 0
  • Living Area Source: Estimated
  • Management: Manager Off-site
  • Management Company: Westward360 - Studebaker Corner Lofts
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 14
  • OpenHouse Count: 4
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Room Information
Master Bedroom Information
  • Master Bedroom Level: Main
  • Room Type: Master Bedroom
  • Master Bedroom Bath: None
  • Master Bedroom Dimensions: 15X13
Bedroom #2 Information
  • 2nd Bedroom Level: Main
  • Room Type: Bedroom 2
  • Bedroom #2 Room Dimensions: 11X13
Bedroom #3 Information
  • 3rd Bedroom Level: N/A
  • Room Type: Bedroom 3
Bedroom #4 Information
  • 4th Bedroom Level: N/A
  • Room Type: Bedroom 4
Dining Room Information
  • Dining Room Level: Main
  • RoomType_DR: Dining Room
  • Dining Room Dimensions: 21X8
Family Room Information
  • Family Room Level: N/A
  • RoomType_FR: Family Room
Kitchen Information
  • Kitchen Level: Main
  • RoomType_KT: Kitchen
  • Kitchen Dimensions: 8X15
Laundry Information
  • Laundry Level: N/A
  • Room Type: Laundry
Living Room Information
  • Living Room Level: Main
  • Room Type: Living Room
  • Living Room Dimensions: 29X45
Bonus Room Information
  • Room Level: Main
  • Room Type: Bonus Room
  • Dimensions: 11X9

Property History for 1617 South Michigan Avenue, Unit 202

DateEvent & SourcePriceAppreciation
Nov 20, 2025

Contingent

MRED #12500361

—
Nov 6, 2025

Price Change

MRED #12500361

$389,000—
Oct 21, 2025

Cancelled

MRED #12460691

$399,000—
Oct 21, 2025

Listed (Active)

MRED #12500361

$399,000—
Sep 25, 2025

Contingent

MRED #12460691

—
Sep 16, 2025

Listed (Active)

MRED #12460691

$399,000—
DateEvent & SourcePrice
11/20/2025

Contingent

MRED #12500361

—
11/06/2025

Price Change

MRED #12500361

$389,000
10/21/2025

Cancelled

MRED #12460691

$399,000
10/21/2025

Listed (Active)

MRED #12500361

$399,000
09/25/2025

Contingent

MRED #12460691

—
09/16/2025

Listed (Active)

MRED #12460691

$399,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1617 South Michigan Avenue, Unit 202

Taxable ValueLand-Additions-Total-
Home Facts
Beds0StyleCondominiumCountyCOOKAPN17223020501025

Schools near 1617 South Michigan Avenue, Unit 202

This home is within Chicago Public Schools.
Rating
School
Type
Grades
Distance
South Loop Elementary School
Public - PK to 8
Phillips Academy High School
Public - 9 to 12
Perspectives Charter High School
Charter - 6 to 12
Perspectives Charter - Joslin Campus
Charter - 6 to 12
Rating
School
Distance
South Loop Elementary School
PublicPK to 8

Phillips Academy High School
Public9 to 12

Perspectives Charter High School
Charter6 to 12

Perspectives Charter - Joslin Campus
Charter6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 11/21/2025 08:18 AM. 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.