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1620 South Michigan Avenue

1620 South Michigan Avenue, Chicago, IL 60616
Condo in South Loop
1 Units For Sale
Unit for sale at 1620 S Michigan Avenue, Chicago, IL 60616

$300,000 In Contract

  • 2 Beds
  • 1 Bath
  • 1,010 ft²
1620 S Michigan Avenue #609, Chicago, IL 60616 Listing by Greg Nagel

1620 South Michigan Avenue is a condo located in South Loop, Chicago. The building was first built in 2003 and is 21 years old.

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 173 closings on record, of which we have matching data for 29 listings. In the past 3 years, a listing in this building will typically remain on the market for about 103 days and tend to sell below the original asking price of $300,000 by 3.15%. Meaning, listings tend to sell at a median of $320 price per square foot. The transaction that took the longest to complete was listed on Jul 29, 2017 for $222,000. This particular unit ultimately sold 324 days later for $215,000. The most recent transaction was for unit P184, sold for $375,000 on Dec 19, 2023. Fun fact, the oldest transaction we have on record took place on Aug 10, 2006. See the full transaction history for 1620 South Michigan Avenue below.

South Loop, where 1620 South Michigan Avenue is located, has a median asking price of $579,000 for condo buildings. Meanwhile, the building itself has a median asking price of $300,000. For interested buyers, that means the building's median asking price is around 0.48% 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 $300,000. It is a 1,010 sqft 2-bedroom and 1-bathroom unit.

Building Features

Exterior

Concrete Exterior
Glass Exterior
Block Exterior

Condition

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

61 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20240314 Unit 807
03/14/2024
807
2 Bed
2 Bath
1020 ft²
$365,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1020 ft²
-
-
-
Chris Gomes
Jameson Sotheby's Intl Realty
20230814 Unit 1009
08/14/2023
2 Bed
1 Bath
1000 ft²
$325,000
bedrooms
2 Bed
bathrooms
1 Bath
square feet
1000 ft²
$305,000 -6.15%
12/13/2023
Thomas Campone
Keller Williams Chicago ONEChicago
20230928 Unit 616
09/28/2023
616
1 Bed
1 Bath
-
$210,000
bedrooms
1 Bed
bathrooms
1 Bath
-
-
-
Brian Murphy
Century 21 S.G.R., Inc.
20230928 Unit 1106
09/28/2023
2 Bed
2 Bath
1045 ft²
$332,500
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1045 ft²
-
-
-
Brian Murphy
Century 21 S.G.R., Inc.
20230926 Unit 704
09/26/2023
704
2 Bed
2 Bath
1148 ft²
$375,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1148 ft²
$375,000
12/19/2023
Katharine Waddell
Compass
20230811 Unit 409
08/11/2023
409
2 Bed
1 Bath
900 ft²
$285,000
bedrooms
2 Bed
bathrooms
1 Bath
square feet
900 ft²
-
-
-
Angela Clark
Century 21 S.G.R., Inc.
20230713 Unit 811
07/13/2023
811
1 Bed
1 Bath
680 ft²
$224,900
bedrooms
1 Bed
bathrooms
1 Bath
square feet
680 ft²
-
-
-
Blazena Bilic
Mark Allen Realty, LLC
20230606 Unit 1119
06/06/2023
2 Bed
1 Bath
-
$299,999
bedrooms
2 Bed
bathrooms
1 Bath
$290,000 -3.33%
09/14/2023
Natalie Renna
Dream Town Realty
20230528 Unit 516
05/28/2023
516
1 Bed
1 Bath
-
$215,000
bedrooms
1 Bed
bathrooms
1 Bath
$210,000 -2.33%
07/20/2023
Alexanderia Williams
Keller Williams Elite
20230509 Unit 321
05/09/2023
321
1 Bed
1 Bath
-
$245,000
bedrooms
1 Bed
bathrooms
1 Bath
$260,000 +6.12%
07/10/2023
Anna McCrerey
Compass Real Estate
20230322 Unit 315
03/22/2023
315
2 Bed
1 Bath
-
$450,000
bedrooms
2 Bed
bathrooms
1 Bath
-
-
-
Grigory Pekarsky
Vesta Preferred LLC
20230222 Unit 908
02/22/2023
908
1 Bed
1 Bath
-
$219,000
bedrooms
1 Bed
bathrooms
1 Bath
-
-
-
Sana Samawi
RE/MAX 10
20221202 Unit 901
12/02/2022
901
2 Bed
2 Bath
-
$375,000
bedrooms
2 Bed
bathrooms
2 Bath
-
-
-
William Wenthen
WDW Properties
20220325 Unit 1022
03/25/2022
2 Bed
1 Bath
920 ft²
$315,900
bedrooms
2 Bed
bathrooms
1 Bath
square feet
920 ft²
$290,000 -8.20%
01/24/2023
Terrie Whittaker
Redfin Corporation
20220929 Unit 1107
09/29/2022
2 Bed
2 Bath
-
$350,000
bedrooms
2 Bed
bathrooms
2 Bath
-
-
-
David Nimick
Keller Williams ONEChicago
20220712 Unit 313
07/12/2022
313
Studio
1 Bath
-
$159,000
bedrooms
Studio
bathrooms
1 Bath
-
-
-
Matt Laricy
Americorp Ltd-Matt Laricy Group
20220621 Unit 316
06/21/2022
316
1 Bed
1 Bath
-
$215,000
bedrooms
1 Bed
bathrooms
1 Bath
-
-
-
Jaymi Block
Keller Williams Elite
20220621 Unit 707
06/21/2022
707
2 Bed
2 Bath
-
$329,000
bedrooms
2 Bed
bathrooms
2 Bath
-
-
-
Stephanie Mack
Avenue 1 Realty Group
20220613 Unit 608
06/13/2022
608
1 Bed
1 Bath
607 ft²
$205,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
607 ft²
$205,000
08/01/2022
Anik Zampini
d'aprile properties
20220505 Unit 925
05/05/2022
925
2 Bed
1 Bath
-
$279,000
bedrooms
2 Bed
bathrooms
1 Bath
-
-
-
Julie Busby
Compass
20220318 Unit P48
03/18/2022
P48
Loft
-
-
$30,000
bedrooms
Loft
bathrooms
-
-
-
-
Jennifer Monteverde
Jameson Sotheby's Intl Realty
20220103 Unit 409
01/03/2022
409
2 Bed
1 Bath
900 ft²
$298,000
bedrooms
2 Bed
bathrooms
1 Bath
square feet
900 ft²
-
-
-
Angela Clark
Century 21 S.G.R., Inc.
20211202 Unit 1212
12/02/2021
2 Bed
1 Bath
1100 ft²
$295,000
bedrooms
2 Bed
bathrooms
1 Bath
square feet
1100 ft²
-
-
-
Dee Savic
Dream Town Realty
20210902 Unit 1104
09/02/2021
2 Bed
2 Bath
-
$375,000
bedrooms
2 Bed
bathrooms
2 Bath
$370,000 -1.33%
11/05/2021
Rachel Vecchio
Dream Town Realty
20210916 Unit 310
09/16/2021
310
2 Bed
1 Bath
900 ft²
$290,000
bedrooms
2 Bed
bathrooms
1 Bath
square feet
900 ft²
$272,000 -6.21%
11/29/2021
Jeremy Lenon
Paragon Property Management
20210511 Unit 514
05/11/2021
514
2 Bed
2 Bath
-
$355,000
bedrooms
2 Bed
bathrooms
2 Bath
$320,500 -9.72%
11/08/2021
Samantha Payne
Option Realty Group LTD
20210903 Unit 709
09/03/2021
709
2 Bed
1 Bath
-
$300,000
bedrooms
2 Bed
bathrooms
1 Bath
$315,000 +5.00%
11/02/2021
Anthony Giusti
Compass
20210602 Unit 1207
06/02/2021
2 Bed
2 Bath
1510 ft²
$469,900
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1510 ft²
$375,000 -20.20%
11/08/2021
Thomas Campone
Keller Williams ONEChicago
20210816 Unit 817
08/16/2021
817
2 Bed
1 Bath
925 ft²
$315,000
bedrooms
2 Bed
bathrooms
1 Bath
square feet
925 ft²
-
-
-
Ebonie Andrews
Redfin Corporation
20210714 Unit 905
07/14/2021
905
2 Bed
2 Bath
1278 ft²
$399,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1278 ft²
$407,500 +2.13%
09/03/2021
Brad Zibung
Compass
20210528 Unit 1105
05/28/2021
2 Bed
2 Bath
1150 ft²
$365,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1150 ft²
-
-
-
Carmen Gonzales
Century 21 NuVision Real Estate
20210402 Unit 401
04/02/2021
401
2 Bed
2 Bath
1100 ft²
$350,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1100 ft²
$318,000 -9.14%
07/21/2021
Daniel Close
20210513 Unit 1109
05/13/2021
2 Bed
1 Bath
-
$315,000
bedrooms
2 Bed
bathrooms
1 Bath
$340,000 +7.94%
09/01/2021
Prashanth Pathy
Compass
20210511 Unit 521
05/11/2021
521
1 Bed
1 Bath
-
$199,900
bedrooms
1 Bed
bathrooms
1 Bath
-
-
-
-
20210508 Unit 1214
05/08/2021
2 Bed
1 Bath
1000 ft²
$305,000
bedrooms
2 Bed
bathrooms
1 Bath
square feet
1000 ft²
$323,000 +5.90%
08/24/2021
Diana Jasin
Worth Clark Realty
20201204 Unit 409
12/04/2020
409
2 Bed
1 Bath
900 ft²
$270,000
bedrooms
2 Bed
bathrooms
1 Bath
square feet
900 ft²
-
-
-
-
20210303 Unit 512
03/03/2021
512
2 Bed
1 Bath
1000 ft²
$320,000
bedrooms
2 Bed
bathrooms
1 Bath
square feet
1000 ft²
$283,000 -11.56%
08/26/2021
Michael Spejcher
20210209 Unit 1008
02/09/2021
1 Bed
1 Bath
-
$199,888
bedrooms
1 Bed
bathrooms
1 Bath
$220,000 +10.06%
04/20/2021
Matt Laricy
20200710 Unit 921
07/10/2020
921
1 Bed
1 Bath
636 ft²
$225,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
636 ft²
$198,000 -12.00%
01/14/2021
Kevin Meek
20200917 Unit 1124
09/17/2020
2 Bed
1 Bath
900 ft²
$299,000
bedrooms
2 Bed
bathrooms
1 Bath
square feet
900 ft²
-
-
-
-
20200805 Unit 1002
08/05/2020
2 Bed
2 Bath
1100 ft²
$374,888
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1100 ft²
$350,000 -6.64%
11/17/2020
Matt Laricy
20200715 Unit 407
07/15/2020
407
2 Bed
2 Bath
1020 ft²
$350,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1020 ft²
$341,500 -2.43%
11/16/2020
Greg Nagel
20200529 Unit 409
05/29/2020
409
2 Bed
1 Bath
900 ft²
$298,000
bedrooms
2 Bed
bathrooms
1 Bath
square feet
900 ft²
-
-
-
-
20200416 Unit 404
04/16/2020
404
2 Bed
2 Bath
1148 ft²
$334,900
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1148 ft²
$320,000 -4.45%
07/28/2020
Bahar Azari
20200127 Unit 825
01/27/2020
825
2 Bed
1 Bath
850 ft²
$285,000
bedrooms
2 Bed
bathrooms
1 Bath
square feet
850 ft²
$310,000 +8.77%
03/18/2020
Brandon Harper
20200105 Unit 616
01/05/2020
616
1 Bed
1 Bath
-
$205,000
bedrooms
1 Bed
bathrooms
1 Bath
-
-
-
-
20190731 Unit 315
07/31/2019
315
2 Bed
1 Bath
-
$374,900
bedrooms
2 Bed
bathrooms
1 Bath
-
-
-
-
20191116 Unit 310
11/16/2019
310
2 Bed
1 Bath
-
$269,900
bedrooms
2 Bed
bathrooms
1 Bath
$275,000 +1.89%
01/02/2020
James La Ha
20190617 Unit 403
06/17/2019
403
2 Bed
2 Bath
-
$339,000
bedrooms
2 Bed
bathrooms
2 Bath
$325,000 -4.13%
01/10/2020
Wayne Beals
20190723 Unit 506
07/23/2019
506
2 Bed
2 Bath
1095 ft²
$350,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1095 ft²
$317,500 -9.29%
12/23/2019
Cynthia Bauer
20190708 Unit 721
07/08/2019
721
1 Bed
1 Bath
636 ft²
$225,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
636 ft²
$200,000 -11.11%
10/11/2019
Ewa Glogowski
20190617 Unit 616
06/17/2019
616
1 Bed
1 Bath
-
$225,000
bedrooms
1 Bed
bathrooms
1 Bath
-
-
-
-
20190528 Unit 413
05/28/2019
413
Studio
1 Bath
550 ft²
$179,900
bedrooms
Studio
bathrooms
1 Bath
square feet
550 ft²
-
-
-
-
20190407 Unit 919
04/07/2019
919
2 Bed
1 Bath
900 ft²
$300,000
bedrooms
2 Bed
bathrooms
1 Bath
square feet
900 ft²
-
-
-
-
20181025 Unit 720
10/25/2018
720
2 Bed
1 Bath
749 ft²
$275,000
bedrooms
2 Bed
bathrooms
1 Bath
square feet
749 ft²
-
-
-
-
20190307 Unit 1203
03/07/2019
2 Bed
2 Bath
1200 ft²
$594,900
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1200 ft²
-
-
-
-
20181130 Unit 319
11/30/2018
319
2 Bed
1 Bath
900 ft²
$274,900
bedrooms
2 Bed
bathrooms
1 Bath
square feet
900 ft²
-
-
-
-
20180825 Unit 912
08/25/2018
912
2 Bed
1 Bath
900 ft²
-
bedrooms
2 Bed
bathrooms
1 Bath
square feet
900 ft²
-
-
-
-
20180913 Unit 911
09/13/2018
911
1 Bed
1 Bath
673 ft²
-
bedrooms
1 Bed
bathrooms
1 Bath
square feet
673 ft²
-
-
-
-
20180823 Unit 812
08/23/2018
812
2 Bed
1 Bath
-
$289,900
bedrooms
2 Bed
bathrooms
1 Bath
$291,000 +0.38%
10/23/2018
Sara McCarthy
20170729
07/29/2017
1 Bed
1 Bath
-
$222,000
bedrooms
1 Bed
bathrooms
1 Bath
$215,000 -3.15%
06/19/2018
Tim Zielonka

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Building Count: 1
  • Bedroom Count: 0
  • Living Units: 249
  • Business/Commerical Units Count: 262
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 47,916
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Subdivision: CLARKES ADD
  • Land Acres: 1.1
  • Standard Land Use Code: Commercial (general)

Ownership

  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 330103

Zoning

  • Zoning: PD 1000,DX

Geography

  • District: 76
  • Parcel: 17-22-301-064-0000
  • Block: 3
  • Lot: 3
  • Municipality: SOUTH CHICAGO
  • Latitude: 41.8591
  • Longitude: -87.6245

    Address

  • Full Address: 1620 S Michigan Ave
  • Address - House Number: 1620
  • Street Direction: S
  • Address - Street Name: Michigan
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C015
  • 4-Digit Zip Code: 1281
  • Zip Code: 60616

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,526
  • Tax Rate Code Area: 76084

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,400,000
  • First Open Lien Mortgage Lender: AMALGAMATED BK /CHICAGO
  • First Open Lien Mortgage Recording Date: Mar 03, 2023
  • First Open Lien Mortgage Loan Amount: $2,400,000
  • First Open Lien Mortgage Term: 36
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 10, 2026

    Market Valuation

  • Market Total Value: $107,136
  • Market Land Value: $5,776
  • Market Improvement Value: $101,360

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $26,784
  • Assessed Land Value: $1,444
  • Assessed Improvements Value: $25,340

About Central Chicago



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Frequently Asked Questions

What neighborhood is 1620 South Michigan Avenue located in?
The 1620 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 1620 South Michigan Avenue?
There is one unit for sale right now.
What is the average sales price for listings in 1620 South Michigan Avenue?
The average sales price for units in 1620 South Michigan Avenue is $300,000 , or $320/sqft. currently.

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