1620 South Michigan Avenue, Unit 503

Chicago, IL 60616

$375,000
Price
2
Beds
2
Baths
1,050 Sq. Ft.
$357 / Sq. Ft.
1,050
Sq. Ft.
$357
per Sq. Ft.

Description

Hot South Loop Condo! Great investment property, currently rented for $2500/month through 1/31/2026. Freshly painted with newly refinished gleaming hardwood floors, 10ft ceilings. Granite counter tops, full sized washer and dryer. New carpet in bedrooms. Walk in closet and storage. Walking distance to Lakefront, Museums, Soldier Field. Indoor heated parking for an additional $25k. Enjoy the best of what of Chicago has to offer!Hot South Loop Condo! Great investment property, currently rented for $2500/month through 1/31/2026. Freshly painted with newly refinished gleaming hardwood floors, 10ft ceilings. Granite counter tops, full sized washer and dryer. New carpet in bedrooms. Walk in closet and storage. Walking distance to Lakefront, Museums, Soldier Field. Indoor heated parking for an additional $25k. Enjoy the best of what of Chicago has to offer!
  1. Listed by Rayed Yasin • Victory Lane Realty LLC

Property Details for 1620 South Michigan Avenue, Unit 503

Area
CHI - Near South Side
Township
Lake
Ownership
Condo
Num Of Garage Spaces
1.0
Num Of Parking Spaces
1.0
Parking Included in Price
No
Heat/Fuel
Natural Gas, Forced Air
Pets Allowed
Yes

Location

Listing Courtesy of Victory Lane Realty LLC
Add your commute
LISTING UPDATED: 04/07/2024 01:30 PM

Property Details for 1620 South Michigan Avenue, Unit 503

StatusActive
MLS #11972424
Days on Market98
Taxes$5,812 / year
HOA Fees$369 / month
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeAttached Single / High Rise (7+ Stories)
Year Built2006
CountyCook County

Building

1620 S Michigan Ave

249 Units12 StoriesBuilt in 2006

Location

Listing Courtesy of Victory Lane Realty LLC
Add your commute

Building Information for 1620 South Michigan Avenue, Unit 503

Building/Complex1620 S Michigan AveFloor5Stories12Residences249Pet PolicyAllowedYear Built2006

Payment Calculator

$2,900 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,047

Property Taxes

$484

HOA Dues

$369

The Payment Calculator is for illustrative purposes only.

Property Information for 1620 South Michigan Avenue, Unit 503

General Information
School Information
  • Elementary School District: 299
  • High School District: 299
  • Middle Or Junior School District: 299
Addtl Parking Information
  • Garage Details: Garage Door Opener(s), Heated
  • Garage On Site: true
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage
Pet Information
  • Max Pet Weight: 30.0
  • Pet Information: Cats OK, Dogs OK
Taxes and HOA Information
  • Association Fee Frequency: Monthly
  • Additional Parcels: No
Property Information
Interior Features
  • Num Of Rooms: 5
  • Bedrooms (Below Grade): 0
  • Unit Floor Level: 5
  • Basement Type: None
  • Bedrooms Possible: 2
  • Air Conditioning: Central Air
  • Basement Description: None
  • Basement Bathrooms: No
  • Room Type: No additional rooms
  • Num of Baths: 2.0
Exterior Features
  • Type: High Rise (7+ Stories)
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Public
Property/Lot Information
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: No
  • Built Before 1978: No
  • Age: 16-20 Years
  • Type Attached: High Rise (7+ Stories)
  • Total Sq Ft: 0
  • Aprox Total Finished Sq Ft: 0
  • Total Finished and Unfin Sq Ft: 0
  • Lot Dimensions: COMMON
  • Stories Total: 14
  • Total # Units in Building: 249.0
  • Waterfront: No
  • Disability Access and/or Equipped: No
  • Exterior Building Type: Concrete
  • General Information: Commuter Bus,Commuter Train
  • North Coordinate: 0
  • South Coordinate: 1620
  • East Coordinate: 100
  • West Coordinate: 0
  • Living Area Source: Estimated
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 15
  • OpenHouse Count: 0
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: Full
  • Master Bedroom Dimensions: 17X10
Bedroom #2 Information
  • 2nd Bedroom Level: Main
  • Room Type: Bedroom 2
  • Bedroom #2 Room Dimensions: 12X10
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: COMBO
Family Room Information
  • Family Room Level: N/A
  • RoomType_FR: Family Room
Kitchen Information
  • Kitchen Level: Main
  • RoomType_KT: Kitchen
  • Kitchen Dimensions: 14X6
Laundry Information
  • Laundry Level: Main
  • Room Type: Laundry
  • Laundry Dimensions: 5X9
Living Room Information
  • Living Room Level: Main
  • Room Type: Living Room
  • Living Room Dimensions: 16X10

Property History for 1620 South Michigan Avenue, Unit 503

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 1620 South Michigan Avenue, Unit 503

Taxable ValueLand$2,708Additions$27,439Total$30,147
Tax Record2022$5,514 ($460 / month)
Home Facts
Beds0Lot Size47,916 SqFtStyleCondominiumYear Built2003CountyCOOKAPN17-22-301-065-1055

Schools near 1620 South Michigan Avenue, Unit 503

This home is within City Of Chicago School District 299.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Charter - 6 to 12
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 Chtr - 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.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

1620 South Michigan Avenue, Unit 503 is a condo for sale in Chicago, IL 60616. This property was listed for sale on February 1, 2024 by Victory Lane Realty LLC, it's currently listed at $375,000. This listing's school district is City Of Chicago School District 299. Nearby schools include South Loop Elementary School, Phillips Academy High School and Perspectives Charter High School. 1620 South Michigan Avenue, Unit 503 is a 2-bed, 2-bath, 1,050 sqft condo built in 2006.

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. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Victory Lane Realty LLC

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.