1631 S Michigan Ave
1631 S Michigan Ave, Chicago, IL, 60616
About 1631 S Michigan Ave
The building at 1631 S Michigan Ave is situated in the South Loop neighborhood of Chicago. This mid-rise structure is 4 stories high and contains 35 units. Large windows enhance the living spaces. This setup provides a nice blend of light and space throughout. Units range in size from 720 to 1,500 square feet. These homes offer a choice of 1 or 2 bedrooms. Prices for the units sit between $425,000 and $450,000. The average price per square foot is $331, which is based on sales over the last year. Many amenities add to everyday living here. There's a gym for workouts and a party room for gatherings. An elevator provides easy access to all floors. Residents can enjoy extra conveniences with in-unit laundry and garage parking. The building accommodates pets and features security lighting throughout for peace of mind. Market activity shows that units typically stay on the market for about 56 days. This window gives prospective buyers time to explore their options. Nearby businesses include Greenleaf Food Market for groceries and Orbit for dining, making life more enjoyable in this vibrant area. Location benefits are evident as well. The building sits close to the scenic Lake Michigan and is near attractions like Museum Campus and Grant Park. Easy access to public transportation adds to the community's appeal. Those who value an active lifestyle will appreciate the walking paths and parks nearby.
Amenities
One of the best parts about living in 1631 S Michigan Ave is the impressive array of amenities that come along with it. Imagine kicking off your day with a workout in the well-equipped exercise room or tackling laundry day with ease in the convenient laundry facilities. You'll also appreciate the security lighting and intercom systems that add layers of comfort and safety. For those who love socializing, try booking the party room for your next gathering, or if you’re an avid cyclist, the bike room and nearby trails will cater to your lifestyle beautifully. Plus, there are service elevators to lend a hand with those heavier grocery bags!
Parking
Locker
Concierge
Elevator
Central AC
Pool
Fitness Center
Visitors ParkingBuilding Policies
As a pet lover, you’ll be pleased to hear that the building welcomes cats and dogs, albeit with some policies in place, including size limits and additional pet rent. With a number limit policy and required deposits, the management ensures a friendly and comfortable living environment for everyone.
Pets Allowed
Short-term Rental Allowed
BBQ Permitted
Sublet AllowedLoading...
1631 S Michigan Ave Market Report (last 12 months)
30.55%
6
56 21.56%
31631 S Michigan Ave Sales History
| Unit | Size (sqft) | Beds | Baths | Days On Market | Date | Status | Price | |
|---|---|---|---|---|---|---|---|---|
 | 401 | 1250 | 2 | 2 | 83 | 2025-07-01 MLS#: 12334206 | Closed | $425,000 |
 | 310 | 1400 | 2 | 2 | 36 | 2025-05-30 MLS#: 12345494 | Closed | $450,000 |
 | 405 | 1500 | 2 | 2 | 92 | 2021-07-08 MLS#: 11045484 | Closed | $425,000 |
2 Beds
2 Baths
1400 sqft
| Date | Status | Price |
|---|---|---|
| 2025-05-30 | Closed | $450,000 |
2 Beds
2 Baths
1250 sqft
| Date | Status | Price |
|---|---|---|
| 2025-07-01 | Closed | $425,000 |
2 Beds
2 Baths
1500 sqft
| Date | Status | Price |
|---|---|---|
| 2021-07-08 | Closed | $425,000 |
Compare with Buildings in the Neighbourhood (Last 12 Months)
Compare building's average price/sq. ft. and HOA fees/sq. ft. to buildings nearby
| Building Name | Avg price per square foot | AVG HOA FEE per square foot (Monthly) |
|---|---|---|
| 1631 S Michigan Ave | $331/sqft. | $3 /sqft. |
| 1631 S Michigan Avenue | $331/sqft. | $3 /sqft. |
| 1632 S Indiana Ave | $343/sqft. | $4 /sqft. |
| 1632 S Indiana Avenue | $344/sqft. | $4 /sqft. |
| 1620 South Michigan Avenue Condominiums | $324/sqft. | $4 /sqft. |
| 1620 S Michigan Ave | $341/sqft. | $3 /sqft. |
Nearby Schools
Discover top-rated schools located close to 1631 S Michigan Ave.
Daystar Academy
--Perspectives Charter - Joslin Campus
C-South Loop Elementary School
BNational Teachers Elementary Academy
B-Graham R Training Center
--Pui Tak Christian School
--
View nearby schools
Schools
Daystar Academy
--Perspectives Charter - Joslin Campus
C-South Loop Elementary School
BNational Teachers Elementary Academy
B-Graham R Training Center
--Pui Tak Christian School
--St Therese Chinese Catholic School
--Haines Elementary School
ASouth Loop Montessori School
--Jones College Preparatory High School
AYccs-Jane Addams Alternative High School
--Drake Elementary School
CUrban Preparatory West Charter School
--Yccs- Mckinley-Lakeside Leadership Academy
--McKinley Lakeside Leadership Academy
--J. Ward Elementary School
B+St Jerome School
--Walsh Elementary School
DDba City Garden Waldorf School
--Sheridan Elementary Math & Science Academy
A+Dunbar Vocational Career Academy High School
CJungman Elementary School
C+Intrinsic 2 Charter High School
--J. Smyth Elementary School
DNoble St Charter-Muchin College Preparatory
A+Yccs-Innovations of Arts Integr High School
--Pershing Elementary Magnet School
D+Healy Elementary School
ASt Ignatius College Preparatory
--St Procopius School
--Galileo Elementary Math & Science Schol Acd
BFrances Xavier Warde School
--Perez Elementary School
D+Chicago Technology Academy High School
BYccs-Youth Connection Leadership Academy
--St Therese School West
--Gems World Academy Chicago
--Devry Advantage Academy High School
A+De la Salle Institute - Institute Campus
--Transit
Experience convenience and connectivity with premium transit options just moments away.
1440 S Indiana
18th St.
1100 S Columbus (Pedestrian Underpass)
327 W Roosevelt
25th Street & Michigan
26th Street & Indiana
View nearby transit options
Transit
1440 S Indiana
18th St.
1100 S Columbus (Pedestrian Underpass)
327 W Roosevelt
25th Street & Michigan
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26th Street & Prairie
26th Street & King Drive
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27th St.
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3200 S Wentworth
900 W Harrison
18th Street & Racine
31st Street & Wallace
31st Street & Union
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3400 S State
31st Street & Halsted
33rd Place & Cottage Grove
35-Bronzeville-IIT
35th-Bronzeville-IIT
18th Street & Blue Island
35th Street & State (Green Line)
35th Street & Indiana
35th Street & Michigan
35th St. - Lou Jones
31st Street & Throop
35th Street & Giles
31st Street & Lituanica
35th Street & King Drive
35th Street & Federal
The Neighborhood: South Loop / Near South Side
South Loop, part of Chicago’s vibrant Near South Side, offers a dynamic urban experience with a mix of historic and modern attractions. This neighborhood is home to the renowned Museum Campus, which includes the Field Museum, Shedd Aquarium, and Adler Planetarium. Residents enjoy diverse dining options, from local eateries to high-end restaurants, and ample shopping opportunities. The area provides a convenient lifestyle with easy access to public transportation, including multiple L train lines and proximity to major expressways. With its scenic views of Lake Michigan and Grant Park, South Loop caters to both families and professionals seeking an active city life.
Demographics For all South Loop / Near South Side listings
AVERAGE RESIDENT AGE
39 years old
AVERAGE HOUSEHOLD INCOME
$86,323/year
AVERAGE HOUSEHOLD COMPOSITION
2 People
What to know about South Loop / Near South Side demographics:
- Approximately 41.2% of adults in the South Loop / Near South Side area hold a post graduate degree, indicating a highly educated population that supports strong demand for upscale amenities, cultural offerings, and professional services—appealing to buyers seeking an intellectually vibrant community.
- Average age is 39 years, with the largest age cohort aged 35 to 39—an age profile that favors young professionals and growing households, making the neighborhood attractive for first-time buyers and those seeking long-term residency.
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Atlanta, GA 30339
Berkshire Hathaway Starck Real Estate
Paul Ambrogio
Serving Chicago and all of Northern IL
13300 IL RT 47
Huntley, Illinois 60142