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  5. 1631 S Michigan Ave
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1631 S Michigan Ave

1631 S Michigan Ave, Chicago, IL, 60616

YEAR BUILT

# STORIES

4

# TOTAL UNITS

39

UNIT SIZE RANGE

720-1,500 sqft

Description

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.

Building ImageMLS ID #12098403
Building ImageView Listing

1631 S Michigan Ave

1631 S Michigan Ave, Chicago, IL, 60616

YEAR BUILT

# STORIES

4

# TOTAL UNITS

39

UNIT SIZE RANGE

720-1,500 sqft

Description

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.

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Description

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.

1631 S Michigan Ave Key Stats Last 12 months

Avg. Listed Price$395,643($323/Sqft.)

Avg. Sale Price$365,000($307/Sqft.)
Year over year list priceUp Arrow41.72%

Year over year sale priceUp Arrow 18.31%
Total Listings7 Listed

Total sold4 Sold
Average Days on Market67 days

Average HOA fees per sqft$3 /monthly
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Key Stats

Year over year list priceUp Arrow41.72%

Year over year sale priceUp Arrow18.31%
Total Listings7 Listed

Total sold4 Sold
Average Days on Market67 days

Average HOA fees per sqft$3 /monthly

Glen Gardens Estate Availability & Demand

Unit Availability

High
High availability buildings list units frequently.

Unit Availability helps to understand how often units in a particular building are listed for sale as compared with the neighborhood average. Units are rarely listed in buildings with low availability.

Unit Demand

Low
Units in high-demand buildings sell quicker.

Unit Demand is a measure of quickly units in a particular building sell as compared with other buildings in the neighborhood. Units in high-demand buildings sell more quickly.

For Sale 0 For Sale

1631 S Michigan Ave Inventory & Sale History

UnitSize (sqft)BedsBathsDays On MarketDateStatusPrice
Unit 401401125022832025-07-01
MLS#: 12334206
Closed$425,000
Unit 310310140022362025-05-30
MLS#: 12345494
Closed$450,000
Unit 405405150022922021-07-08
MLS#: 11045484
Closed$425,000
Unit 310
310

2 Beds

2 Baths

1400 sqft


DateStatusPrice
2025-05-30Closed$450,000
MLS#: 12345494
Days On Market36
Unit 401
401

2 Beds

2 Baths

1250 sqft


DateStatusPrice
2025-07-01Closed$425,000
MLS#: 12334206
Days On Market83
Unit 405
405

2 Beds

2 Baths

1500 sqft


DateStatusPrice
2021-07-08Closed$425,000
MLS#: 11045484
Days On Market92
View Complete Unit Listing HistorySource By: MRED

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!

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Amenities Description

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
Parking
Locker
Locker
Concierge
Concierge
Elevator(s)
Elevator(s)
Check Icon
Central AC
Central AC
Pool
Pool
Fitness Center
Fitness Center
Check Icon
Visitors Parking
Visitors Parking
Next

Amenities

Elevator(s)

Elevator(s)

Exercise Room

Exercise Room

Security Door Lock(s)

Security Door Lock(s)

Security Lighting

Security Lighting

Laundry

Laundry

Patio

Patio

Receiving Room

Receiving Room

Bike Room/Bike Trails

Bike Room/Bike Trails

Party Room

Party Room

Storage

Storage

Service Elevator(s)

Service Elevator(s)

High Speed Conn.

High Speed Conn.

Balcony

Balcony

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.

Pet Allowed
Check
Pet Allowed
BBQ Permitted
BBQ Permitted
Sublet Allowed
Sublet Allowed
Short-term Rental Allowed
Short-term Rental Allowed

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 NameAvg price per square footAVG HOA FEE per square foot (Monthly)
1631 S Michigan Ave$307/sqft.$3 /sqft.
1631 S Michigan Avenue$331/sqft.$3 /sqft.
1632 S Indiana Ave$336/sqft.$4 /sqft.
1632 S Indiana Avenue$344/sqft.$4 /sqft.
1620 South Michigan Avenue Condominiums$324/sqft.$4 /sqft.
1620 S Michigan Ave$347/sqft.$3 /sqft.

Nearby Schools

1631 S Michigan Ave is located in South Loop / Near South Side, Chicago, with 39+ schools available within a 2-mile radius. Families benefit from convenient access to nearby educational institutions supporting daily routines. Short travel distances help reduce commute time for students. This education-friendly location enhances overall community appeal.

Daystar Academy

--
Private|Grades PK–9
1550 S State St St...|0.25 miles away

Perspectives Charter - Joslin Campus

C-
Public|Grades 6–12
1930 S Archer Ave|0.33 miles away

South Loop Elementary School

B
Public|Grades PK–8
1212 S Plymouth Ct|0.57 miles away

National Teachers Elementary Academy

B-
Public|Grades PK–8
55 W Cermak Rd|0.59 miles away

Graham R Training Center

--
Public|Grades 9–12
2347 S Wabash Ave|0.69 miles away

Pui Tak Christian School

--
Private|Grades PK–8
2301 S Wentworth A...|0.73 miles away
Next

Schools

arrow rightWhat to know about schoolsarrow right
Next

Description

1631 S Michigan Ave is located in South Loop / Near South Side, Chicago, with 39+ schools available within a 2-mile radius. Families benefit from convenient access to nearby educational institutions supporting daily routines. Short travel distances help reduce commute time for students. This education-friendly location enhances overall community appeal.

Daystar Academy

--
Private|Grades PK–9
1550 S State St St...|Less than 1 Mile Away

Perspectives Charter - Joslin Campus

C-
Public|Grades 6–12
1930 S Archer Ave|Less than 1 Mile Away

South Loop Elementary School

B
Public|Grades PK–8
1212 S Plymouth Ct|Less than 1 Mile Away

National Teachers Elementary Academy

B-
Public|Grades PK–8
55 W Cermak Rd|Less than 1 Mile Away

Graham R Training Center

--
Public|Grades 9–12
2347 S Wabash Ave|Less than 1 Mile Away

Pui Tak Christian School

--
Private|Grades PK–8
2301 S Wentworth A...|Less than 1 Mile Away

St Therese Chinese Catholic School

--
Private|Grades PK–8
247 W 23rd St|Less than 1 Mile Away

Haines Elementary School

A
Public|Grades PK–8
247 W 23rd Pl|Less than 1 Mile Away

South Loop Montessori School

--
Private|Grades PK–3
47 W Polk St Ste G...|Less than 1 Mile Away

Jones College Preparatory High School

A
Public|Grades 9–12
700 S State St|Less than 1 Mile Away

Yccs-Jane Addams Alternative High School

--
Public|Grades 9–12
1814 S Union Ave|1.13 Miles Away

Drake Elementary School

C
Public|Grades PK–8
2710 S Dearborn St|1.13 Miles Away

Urban Preparatory West Charter School

--
Public|Grades 9–12
425 S Wabash Ave|1.17 Miles Away

Yccs- Mckinley-Lakeside Leadership Academy

--
Public|Grades 9–12
2920 S Wabash Ave|1.24 Miles Away

McKinley Lakeside Leadership Academy

--
Private|Grades 10–12
2920 S Wabash Ave|1.25 Miles Away

J. Ward Elementary School

B+
Public|Grades KG–8
2701 S Shields Ave|1.25 Miles Away

St Jerome School

--
Private|Grades PK–8
2801 S Princeton A...|1.29 Miles Away

Walsh Elementary School

D
Public|Grades KG–8
2015 S Peoria St|1.30 Miles Away

Dba City Garden Waldorf School

--
Private|Grades PK–KG
920 W 19th St|1.33 Miles Away

Sheridan Elementary Math & Science Academy

A+
Public|Grades KG–8
533 W 27th St|1.39 Miles Away

Dunbar Vocational Career Academy High School

C
Public|Grades 9–12
3000 S King Dr|1.39 Miles Away

Jungman Elementary School

C+
Public|Grades PK–8
1746 S Miller St|1.50 Miles Away

Intrinsic 2 Charter High School

--
Public|Grades 9–12
79 W Monroe St Ste...|1.50 Miles Away

J. Smyth Elementary School

D
Public|Grades KG–8
1059 W 13th St|1.60 Miles Away

Noble St Charter-Muchin College Preparatory

A+
Public|Grades 9–12
1 N State St|1.60 Miles Away

Yccs-Innovations of Arts Integr High School

--
Public|Grades 9–12
17 N State St|1.62 Miles Away

Pershing Elementary Magnet School

D+
Public|Grades PK–8
3200 S Calumet Ave|1.64 Miles Away

Healy Elementary School

A
Public|Grades PK–8
3010 S Parnell Ave|1.65 Miles Away

St Ignatius College Preparatory

--
Private|Grades 9–12
1076 W Roosevelt R...|1.67 Miles Away

St Procopius School

--
Private|Grades PK–8
1625 S Allport St|1.75 Miles Away

Galileo Elementary Math & Science Schol Acd

B
Public|Grades KG–8
820 S Carpenter St|1.76 Miles Away

Frances Xavier Warde School

--
Private|Grades PK–8
120 S Desplaines S...|1.78 Miles Away

Perez Elementary School

D+
Public|Grades PK–8
1241 W 19th St|1.81 Miles Away

Chicago Technology Academy High School

B
Public|Grades 9–12
1301 W 14th St|1.88 Miles Away

Yccs-Youth Connection Leadership Academy

--
Public|Grades 9–12
3424 S State St|1.88 Miles Away

St Therese School West

--
Private|Grades PK–8
2859 S Throop St|1.89 Miles Away

Gems World Academy Chicago

--
Private|Grades PK–11
350 E South Water ...|1.89 Miles Away

Devry Advantage Academy High School

A+
Public|Grades 11–12
1900 W Lawrence Av...|1.90 Miles Away

De la Salle Institute - Institute Campus

--
Private|Grades 9–12
3434 S Michigan Av...|1.92 Miles Away

Transit

Located in South Loop / Near South Side, 1631 S Michigan Ave is surrounded by 50+ public transit options within 2 miles. Residents enjoy easy access to well-connected transit routes serving key areas of Chicago. Reliable public transportation simplifies commuting and enhances everyday mobility. This accessible setting promotes a connected and efficient urban lifestyle.

1100 S Columbus (Pedestrian Underpass)

0.7 miles away|14 min walk

1440 S Indiana

0.23 miles away|5 min walk

18th St.

0.29 miles away|6 min walk

18th Street & Blue Island

1.93 miles away|38 min walk

18th Street & Carpenter

1.52 miles away|30 min walk

18th Street & Halsted

1.2 miles away|24 min walk
Next

Transit

arrow rightWhat to know about transitarrow right
Next

Description

Located in South Loop / Near South Side, 1631 S Michigan Ave is surrounded by 50+ public transit options within 2 miles. Residents enjoy easy access to well-connected transit routes serving key areas of Chicago. Reliable public transportation simplifies commuting and enhances everyday mobility. This accessible setting promotes a connected and efficient urban lifestyle.

1100 S Columbus (Pedestrian Underpass)

0.7 miles away|14 min walk

1440 S Indiana

0.23 miles away|5 min walk

18th St.

0.29 miles away|6 min walk

18th Street & Blue Island

1.93 miles away|38 min walk

18th Street & Carpenter

1.52 miles away|30 min walk

18th Street & Halsted

1.2 miles away|24 min walk

18th Street & Peoria

1.29 miles away|25 min walk

18th Street & Racine

1.69 miles away|33 min walk

18th Street & Sangamon

1.36 miles away|27 min walk

18th Street & Throop

1.81 miles away|35 min walk

2300 S Halsted

1.32 miles away|26 min walk

25th Street & Michigan

0.83 miles away|16 min walk

26th Street & Indiana

0.95 miles away|19 min walk

26th Street & King Drive

0.99 miles away|19 min walk

26th Street & Normal

1.28 miles away|25 min walk

26th Street & Prairie

0.96 miles away|19 min walk

27th St.

1.18 miles away|23 min walk

2800 S King Drive

1.15 miles away|23 min walk

3000 S King Drive

1.36 miles away|27 min walk

3000 S Michigan

1.3 miles away|25 min walk

3000 S Wentworth

1.42 miles away|28 min walk

31st Street Beach

1.63 miles away|32 min walk

31st Street & Canal

1.64 miles away|32 min walk

31st Street & Giles

1.46 miles away|28 min walk

31st Street & Halsted

1.88 miles away|37 min walk

31st Street & King Drive

1.48 miles away|29 min walk

31st Street & Lituanica

1.97 miles away|38 min walk

31st Street & Michigan

1.45 miles away|28 min walk

31st Street & Rhodes

1.54 miles away|30 min walk

31st Street & Throop

1.96 miles away|38 min walk

31st Street & Union

1.81 miles away|35 min walk

31st Street & Wallace

1.74 miles away|34 min walk

31st Street & Wells

1.54 miles away|30 min walk

3200 S Wentworth

1.64 miles away|32 min walk

327 W Roosevelt

0.83 miles away|16 min walk

333 S Franklin Street (Chicago)

1.36 miles away|27 min walk

33rd Place & Cottage Grove

1.88 miles away|37 min walk

33rd Place & Rhodes

1.83 miles away|36 min walk

3400 S State

1.84 miles away|36 min walk

350 S. Clark Street (Chicago)

1.3 miles away|25 min walk

35-Bronzeville-IIT

1.92 miles away|37 min walk

35th-Bronzeville-IIT

1.92 miles away|37 min walk

35th St. - Lou Jones

1.96 miles away|38 min walk

35th Street & Federal

1.98 miles away|38 min walk

35th Street & Giles

1.97 miles away|38 min walk

35th Street & Indiana

1.96 miles away|38 min walk

35th Street & King Drive

1.98 miles away|38 min walk

35th Street & Michigan

1.96 miles away|38 min walk

35th Street & State (Green Line)

1.95 miles away|38 min walk

900 W Harrison

1.67 miles away|33 min walk

The Neighbourhood: South Loop / Near South Side

South Loop / Near South Side sits along Chicago's lakefront near major parks and museums. This district contains outdoor places like Grant Park, Millennium Park, and the Museum Campus. Museums include the Field Museum, Shedd Aquarium, and Adler Planetarium. Navy Pier provides rides and family attractions on the water. Restaurants such as Lou Malnati's, Giordano's, Portillo's, and The Gage serve a range of food. Buddy Guy's Legends and many bars host live music and late night gatherings. Soldier Field hosts sports and large events for the city. McCormick Place handles big conventions and trade shows. Parks and the lakefront trail invite walking, running, and biking. Trains and buses provide quick links to the Loop through Roosevelt station and CTA lines. Metra and regional buses connect visitors to suburbs and nearby towns. Small shops and office towers mix with apartments in many blocks. This district shows a dense urban form with a blend of jobs and homes. Data shows that the most common age group falls between 25 to 29 years old. Households with 1 person make up the largest part of the local population.

Next

Neighbourhood Description

South Loop / Near South Side sits along Chicago's lakefront near major parks and museums. This district contains outdoor places like Grant Park, Millennium Park, and the Museum Campus. Museums include the Field Museum, Shedd Aquarium, and Adler Planetarium. Navy Pier provides rides and family attractions on the water. Restaurants such as Lou Malnati's, Giordano's, Portillo's, and The Gage serve a range of food. Buddy Guy's Legends and many bars host live music and late night gatherings. Soldier Field hosts sports and large events for the city. McCormick Place handles big conventions and trade shows. Parks and the lakefront trail invite walking, running, and biking. Trains and buses provide quick links to the Loop through Roosevelt station and CTA lines. Metra and regional buses connect visitors to suburbs and nearby towns. Small shops and office towers mix with apartments in many blocks. This district shows a dense urban form with a blend of jobs and homes. Data shows that the most common age group falls between 25 to 29 years old. Households with 1 person make up the largest part of the local population.

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1631 S Michigan Ave Demographics

This neighborhood indicates a good mix of people which makes it a good place for families. About 10.14% are children aged 0–14, 22.81% are young adults between 15–29, 32.62% are adults aged 30–44, 18.15% are in the 45–59 range and 16.29% are seniors aged 60 and above. Commuting options are also varying where 39.82% of residents relying on driving, while others prefer public transit around 26.53%, walking around 11.62%, biking around 2.54%, allowing residents to choose travel modes that best fit their daily routines. Most homes in the area are with 54.61% of units are rented and 45.39% are owner occupied. The neighborhood offers different household types. About 12.13% are single family homes and 1.09% are multi family units. Around 53.16% are single-person households, while 46.84% are multi person households. This mix works well for families, roommates, and individuals. Education levels in the neighborhood vary widely where 32.27% of residents have bachelor’s degrees. Around 5.1% have high school or college education. Another 3.71% hold diplomas while 41.79% have completed postgraduate studies. The remaining are 17.13% with other types of qualifications.

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Demographics Description

This neighborhood indicates a good mix of people which makes it a good place for families. About 10.14% are children aged 0–14, 22.81% are young adults between 15–29, 32.62% are adults aged 30–44, 18.15% are in the 45–59 range and 16.29% are seniors aged 60 and above. Commuting options are also varying where 39.82% of residents relying on driving, while others prefer public transit around 26.53%, walking around 11.62%, biking around 2.54%, allowing residents to choose travel modes that best fit their daily routines. Most homes in the area are with 54.61% of units are rented and 45.39% are owner occupied. The neighborhood offers different household types. About 12.13% are single family homes and 1.09% are multi family units. Around 53.16% are single-person households, while 46.84% are multi person households. This mix works well for families, roommates, and individuals. Education levels in the neighborhood vary widely where 32.27% of residents have bachelor’s degrees. Around 5.1% have high school or college education. Another 3.71% hold diplomas while 41.79% have completed postgraduate studies. The remaining are 17.13% with other types of qualifications.

Age Demographics

0–14 Years

10.14%

15–29 Years

22.81%

30–44 Years

32.62%

45–59 Years

18.15%

60+ Years

16.29%

Commute

26.53%

Transit

11.62%

Walk

39.82%

Drive

2.54%

Bike

Housing Ownership

45.39%

Owner Occupied

54.61%

Rental Units

Household Types

Single Family
12.13%
Multi Family
1.09%
Single Person
53.16%
Multi Person
46.84%

Average Income

Household:$8,370,063.91 /yr

Individual:$7,718,576.27 /yr

Education

Bachelors Degree32.27%
High School College5.1%
Diploma3.71%
Post Graduate41.79%
Others17.13%
Next

Education

Diploma3.71%
Post Graduate41.79%
Others17.13%
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  1. Home
  2. /Chicago, IL
  3. /
    1631 S Michigan Ave
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ZIP Codes
600566006960090
6009860133601626017560201604196042360429604356050160543605466061060631606516065560656
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