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1601 South Michigan Avenue

1601 South Michigan Avenue, Chicago, IL 60616
Condo in South Loop
1 Units For Sale
Unit for sale at 1601 S Michigan Avenue, Chicago, IL 60616

$399,900 In Contract

  • 2 Beds
  • 2 Baths
  • 1,241 ft²
1601 S Michigan Avenue #307, Chicago, IL 60616 Listing by Thomas Gallagher

1601 South Michigan Avenue is a condo located in South Loop, Chicago.

Interested in learning more about the building? There are many great amenities and features for residents in the building. If you drive, rest assured! The building has its own garage, which would come in super-handy for parking! There are 37 closings on record, of which we have matching data for 2 listings. In the past 3 years, a listing in this building will typically remain on the market for about 139 days and tend to sell above the original asking price of $387,500 by 1.38%. Meaning, listings tend to sell at a median of $267 price per square foot. The transaction that took the longest to complete was unit 507, listed on Mar 31, 2021 for $375,000. This particular unit ultimately sold 167 days later for $390,000. The most recent transaction was for unit 507, sold for $390,000 on Sep 14, 2021. Fun fact, the oldest transaction we have on record took place on Nov 05, 1999. See the full transaction history for 1601 South Michigan Avenue below.

South Loop, where 1601 South Michigan Avenue is located, has a median asking price of $499,000 for condo buildings. Meanwhile, the building itself has a median asking price of $387,500. For interested buyers, that means the building's median asking price is around 0.22% below the neighborhood's median asking price for condos. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other condo buildings in the neighborhood.

There is currently one active listing for sale within the building and our inventory of available units for sale is constantly updating in real time. Check back frequently for updates. The asking price for the only active sales listing is $399,900. It is a 1,241 sqft 2-bedroom and 2-bathroom unit.

Building Features

Exterior

Brick Exterior

Parking

Garage Parking

Condition

New Construction
This property description is generated based on publicly available data.

14 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20231020 Unit 202
10/20/2023
202
1 Bed
1 Bath
-
$240,000
bedrooms
1 Bed
bathrooms
1 Bath
-
-
-
Joshua Lipton
Compass
20230612 Unit 602
06/12/2023
602
3 Bed
2.5 Bath
1970 ft²
$625,000
bedrooms
3 Bed
bathrooms
2.5 Bath
square feet
1970 ft²
-
-
-
Terrie Whittaker
Redfin Corporation
20230426 Unit 207
04/26/2023
207
2 Bed
2 Bath
1241 ft²
$379,900
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1241 ft²
-
-
-
Terrie Whittaker
Redfin Corporation
20230125 Unit 101
01/25/2023
101
1 Bed
2 Bath
1007 ft²
$259,900
bedrooms
1 Bed
bathrooms
2 Bath
square feet
1007 ft²
-
-
-
James D'Astice
Compass
20220513 Unit 103
05/13/2022
103
2 Bed
2 Bath
1200 ft²
$360,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1200 ft²
-
-
-
Bianca Hrobowski
Redfin Corporation
20220525 Unit 605
05/25/2022
605
2 Bed
2 Bath
1700 ft²
$525,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1700 ft²
-
-
-
Robert Yoshimura
Compass
20210512 Unit 107
05/12/2021
107
2 Bed
2 Bath
1410 ft²
$350,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1410 ft²
-
-
-
James D'Astice
Compass
20211004 Unit 602
10/04/2021
602
3 Bed
3 Bath
1970 ft²
$649,900
bedrooms
3 Bed
bathrooms
3 Bath
square feet
1970 ft²
-
-
-
Terrie Whittaker
Redfin Corporation
20210331 Unit 507
03/31/2021
507
2 Bed
2 Bath
1450 ft²
$375,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1450 ft²
$390,000 +4.00%
09/14/2021
Robert Yoshimura
20200924 Unit 108
09/24/2020
108
2 Bed
2 Bath
1450 ft²
$400,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1450 ft²
$395,000 -1.25%
01/13/2021
Nate Buttrey
20200623 Unit 402
06/23/2020
402
1 Bed
1 Bath
-
$249,888
bedrooms
1 Bed
bathrooms
1 Bath
-
-
-
-
20191021 Unit 306
10/21/2019
306
1 Bed
1 Bath
850 ft²
$245,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
850 ft²
-
-
-
-
20181024 Unit 108
10/24/2018
108
2 Bed
2 Bath
1450 ft²
$350,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1450 ft²
-
-
-
-
20180823 Unit 506
08/23/2018
506
1 Bed
1 Bath
720 ft²
-
bedrooms
1 Bed
bathrooms
1 Bath
square feet
720 ft²
-
-
-
-

About Central Chicago



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Frequently Asked Questions

What neighborhood is 1601 South Michigan Avenue located in?
The 1601 South Michigan Avenue is a condo located in the neighborhood of South Loop in Central Chicago, Chicago.
How many listings are currently for sale in 1601 South Michigan Avenue?
There is a listing currently on the market for sale.
What is the average sales price for listings in 1601 South Michigan Avenue?
The average sales price for units in 1601 South Michigan Avenue is $387,500 , or $267/sqft. currently.

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