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1601 S Michigan Ave

1601 S Michigan Ave, Chicago, IL, 60616

YearBuilt

Year Built

1925

Stories

# Stories

6

#TotalUnits

# Total Units

36
UnitSizeRange

Unit Size Range

720-1,970 sqft

UnitDemand

Unit Demand

Stories

Low

UnitAvailability

Unit Availability

Stories

Low

Building Description

1601 S Michigan Ave is a six-story condominium building that retains the charm of its original 1925 construction. This residential property offers versatile living with 1, 2, and 3-bedroom units, accommodating a range of lifestyle preferences. Unit prices fluctuate between $525,000 and $535,000, offering competitive options for potential residents. The building integrates essential urban amenities such as service elevators and additional elevators for ease of access throughout the structure. A dedicated laundry facility enhances convenience for occupants. The inclusion of a bike room and access to nearby bike trails cater to environmentally conscious individuals and cycling enthusiasts, promoting an active lifestyle. A receiving room is available for packages and deliveries, adding to residents' peace of mind. Situated in a prime location, 1601 S Michigan Ave combines historical architectural elements with modern conveniences. Although there is no defined neighborhood, the building's central setting provides easy access to the cultural and entertainment offerings typical of urban environments. This address harmonizes the characteristics of traditional construction with the demands of contemporary living, ideal for those seeking a balanced metropolitan lifestyle.

Amenities

ParkingParking
LockerLocker
ConciergeConcierge
ElevatorElevatorCheck Icon
Central ACCentral AC
PoolPool
Fitness CenterFitness Center
-
Visitors ParkingVisitors Parking

Building Policies

Pet AllowedPet Allowed
Short-term Rental AllowedShort-term Rental Allowed
BBQ PermittedBBQ Permitted
Sublet AllowedSublet Allowed

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1601 S Michigan Ave Market Report (last 12 months)

Avg. List Price
$297,000 ($266/Sqft.)
Year-Over-Year List Price
Down Arrow 0.17%
Total Listings
Listings2
Avg. Days On Market
Calendar66
Avg. Sale Price
$229,000
Year-Over-Year Sale Price
Down Arrow 0.34%
Total Sold
Sold1
Avg. HOA Fees/Sqft
-

About 1601 S Michigan Ave

Condo Living at 1601 S Michigan Ave, located at 1601 S MICHIGAN AVE,CHICAGO,IL:

Are you a first-time homebuyer eager to step into the vibrant world of Chicago real estate? Look no further than the charming condo building at 1601 S Michigan Ave. Built in 1925, this historic six-story gem perfectly marries classic architecture with the modern conveniences that every young professional craves. With a variety of unit sizes ranging from 720 to 1970 square feet, there's room for you to find that ideal first home that's just right for your lifestyle.

Building Features and Unit Availability:

At 1601 S Michigan Ave, you'll discover a low availability of units, making it a hidden treasure for those seeking a unique space in the city. The building, with a total of 36 units, has seen a modest demand, which means you might just snag a cozy spot if you act quickly. On average, units here close around $229,000. With a recent average of 66 days on the market for the last sale, it’s clear that this is a competitive yet approachable market for first-time buyers.

Amenities You'll Love:

Living at 1601 S Michigan Ave comes with some considerable perks. Residents can easily access service elevators and a laundry facility, saving you time when chores call. If you’re a cycling enthusiast, the bike room—along with nearby bike trails—is sure to please. The receiving room adds a touch of convenience for deliveries and guests alike, making your life just a little easier in the bustling city.

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Contact
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300 Galleria Pkwy SE, Suite 1500,
Atlanta, GA 30339
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(855) 625-0319
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Berkshire Hathaway Starck Real Estate

Paul Ambrogio

Serving Chicago and all of Northern IL

13300 IL RT 47

Huntley, Illinois 60142

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847-668-3774

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