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  5. 1631 S Michigan Avenue
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1631 S Michigan Avenue

1631 S Michigan Avenue, Chicago, IL, 60616

YEAR BUILT

1911

# STORIES

6

# TOTAL UNITS

36

UNIT SIZE RANGE

1,450-1,550 sqft

Description

1631 S Michigan Avenue stands in Chicago, at the intersection of South Michigan Avenue and East 14th Street. This high-rise building rises 6 stories and presents a view of the urban landscape. The Lake Michigan waterfront is close by, providing a scenic backdrop for the neighborhood. The building contains 36 condominium units. Unit sizes range from 1,450 to 1,550 square feet. Potential buyers can find 1 and 2-bedroom options to suit different needs. Prices for these units vary, with listings between $425,000 and $450,000. In the last year, units sold for between $250,000 and an average price of $375,000. The average price per square foot stands at $331. Units typically spend about 56 days on the market before they sell. Several amenities enhance daily living. The building includes an intercom system, laundry facilities, and a receiving room. Residents can also access an exercise room, security lighting, and a bike room. Additional features include a party room and service elevators. Nearby, residents can find grocery stores like Greenleaf Food Market. For dining out, Orbit offers convenient options. A local public school, A I M E Inc, adds to the community's family-friendly appeal. This location balances comfortable living with access to urban conveniences.

Building ImageMLS ID #12098403
Building ImageMLS ID #11997788
Building Image
Building ImageView Listing

1631 S Michigan Avenue

1631 S Michigan Avenue, Chicago, IL, 60616

YEAR BUILT

1911

# STORIES

6

# TOTAL UNITS

36

UNIT SIZE RANGE

1,450-1,550 sqft

Description

1631 S Michigan Avenue stands in Chicago, at the intersection of South Michigan Avenue and East 14th Street. This high-rise building rises 6 stories and presents a view of the urban landscape. The Lake Michigan waterfront is close by, providing a scenic backdrop for the neighborhood. The building contains 36 condominium units. Unit sizes range from 1,450 to 1,550 square feet. Potential buyers can find 1 and 2-bedroom options to suit different needs. Prices for these units vary, with listings between $425,000 and $450,000. In the last year, units sold for between $250,000 and an average price of $375,000. The average price per square foot stands at $331. Units typically spend about 56 days on the market before they sell. Several amenities enhance daily living. The building includes an intercom system, laundry facilities, and a receiving room. Residents can also access an exercise room, security lighting, and a bike room. Additional features include a party room and service elevators. Nearby, residents can find grocery stores like Greenleaf Food Market. For dining out, Orbit offers convenient options. A local public school, A I M E Inc, adds to the community's family-friendly appeal. This location balances comfortable living with access to urban conveniences.

Next

Description

1631 S Michigan Avenue stands in Chicago, at the intersection of South Michigan Avenue and East 14th Street. This high-rise building rises 6 stories and presents a view of the urban landscape. The Lake Michigan waterfront is close by, providing a scenic backdrop for the neighborhood. The building contains 36 condominium units. Unit sizes range from 1,450 to 1,550 square feet. Potential buyers can find 1 and 2-bedroom options to suit different needs. Prices for these units vary, with listings between $425,000 and $450,000. In the last year, units sold for between $250,000 and an average price of $375,000. The average price per square foot stands at $331. Units typically spend about 56 days on the market before they sell. Several amenities enhance daily living. The building includes an intercom system, laundry facilities, and a receiving room. Residents can also access an exercise room, security lighting, and a bike room. Additional features include a party room and service elevators. Nearby, residents can find grocery stores like Greenleaf Food Market. For dining out, Orbit offers convenient options. A local public school, A I M E Inc, adds to the community's family-friendly appeal. This location balances comfortable living with access to urban conveniences.

1631 S Michigan Avenue Market Stats Last 12 months

Avg. Listed Price$387,780($330/Sqft.)

Avg. Sale Price$375,000($331/Sqft.)
Year over year list priceUp Arrow23.27%

Year over year sale priceUp Arrow 25.45%
Total Listings5 Listed

Total sold3 Sold
Average Days on Market56 days

Average HOA fees per sqft$3 /monthly
Next

Market Stats

Year over year list priceUp Arrow23.27%

Year over year sale priceUp Arrow25.45%
Total Listings5 Listed

Total sold3 Sold
Average Days on Market56 days

Average HOA fees per sqft$3 /monthly

Glen Gardens Estate Availability & Demand

Unit Availability

Medium
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 Avenue 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

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

It's vital to know what to expect when moving into a new community, especially regarding building policies. At 1631 S Michigan Avenue, pets are welcomed with some guidelines to ensure everyone feels at home. There are size limits for pets, along with additional pet rent, which means you can bring your furry friend along, as long as they meet the criteria. Additionally, potential buyers should be aware of some policies that include a deposit requirement and a limit on the number of pets.

Next

Amenities Description

It's vital to know what to expect when moving into a new community, especially regarding building policies. At 1631 S Michigan Avenue, pets are welcomed with some guidelines to ensure everyone feels at home. There are size limits for pets, along with additional pet rent, which means you can bring your furry friend along, as long as they meet the criteria. Additionally, potential buyers should be aware of some policies that include a deposit requirement and a limit on the number of pets.

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 Avenue$331/sqft.$3 /sqft.
1631 S Michigan Ave$331/sqft.$3 /sqft.
1632 S Indiana Ave$336/sqft.$4 /sqft.
1620 South Michigan Avenue Condominiums$324/sqft.$4 /sqft.
1632 S Indiana Avenue$344/sqft.$4 /sqft.
1620 S Michigan Ave$341/sqft.$3 /sqft.

Nearby Schools

Discover top-rated schools located close to 1631 S Michigan Avenue.

Daystar Academy

--
Private|Grades PK–9
1550 S State St St...|0.33 miles away

Perspectives Charter - Joslin Campus

C-
Public|Grades 6–12
1930 S Archer Ave|0.44 miles away

South Loop Elementary School

B
Public|Grades PK–8
1212 S Plymouth Ct|0.77 miles away

National Teachers Elementary Academy

B-
Public|Grades PK–8
55 W Cermak Rd|0.8 miles away

Graham R Training Center

--
Public|Grades 9–12
2347 S Wabash Ave|0.93 miles away

Pui Tak Christian School

--
Private|Grades PK–8
2301 S Wentworth A...|0.98 miles away
Next

Schools

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|1.09 Miles Away

Haines Elementary School

A
Public|Grades PK–8
247 W 23rd Pl|1.15 Miles Away

South Loop Montessori School

--
Private|Grades PK–3
47 W Polk St Ste G...|1.20 Miles Away

Jones College Preparatory High School

A
Public|Grades 9–12
700 S State St|1.33 Miles Away

Yccs-Jane Addams Alternative High School

--
Public|Grades 9–12
1814 S Union Ave|1.51 Miles Away

Drake Elementary School

C
Public|Grades PK–8
2710 S Dearborn St|1.53 Miles Away

Urban Preparatory West Charter School

--
Public|Grades 9–12
425 S Wabash Ave|1.57 Miles Away

Yccs- Mckinley-Lakeside Leadership Academy

--
Public|Grades 9–12
2920 S Wabash Ave|1.67 Miles Away

McKinley Lakeside Leadership Academy

--
Private|Grades 10–12
2920 S Wabash Ave|1.68 Miles Away

J. Ward Elementary School

B+
Public|Grades KG–8
2701 S Shields Ave|1.69 Miles Away

St Jerome School

--
Private|Grades PK–8
2801 S Princeton A...|1.74 Miles Away

Walsh Elementary School

D
Public|Grades KG–8
2015 S Peoria St|1.75 Miles Away

Dba City Garden Waldorf School

--
Private|Grades PK–KG
920 W 19th St|1.79 Miles Away

Sheridan Elementary Math & Science Academy

A+
Public|Grades KG–8
533 W 27th St|1.87 Miles Away

Dunbar Vocational Career Academy High School

C
Public|Grades 9–12
3000 S King Dr|1.88 Miles Away

Jungman Elementary School

C+
Public|Grades PK–8
1746 S Miller St|2.01 Miles Away

Intrinsic 2 Charter High School

--
Public|Grades 9–12
79 W Monroe St Ste...|2.02 Miles Away

J. Smyth Elementary School

D
Public|Grades KG–8
1059 W 13th St|2.14 Miles Away

Noble St Charter-Muchin College Preparatory

A+
Public|Grades 9–12
1 N State St|2.14 Miles Away

Yccs-Innovations of Arts Integr High School

--
Public|Grades 9–12
17 N State St|2.17 Miles Away

Pershing Elementary Magnet School

D+
Public|Grades PK–8
3200 S Calumet Ave|2.21 Miles Away

Healy Elementary School

A
Public|Grades PK–8
3010 S Parnell Ave|2.22 Miles Away

St Ignatius College Preparatory

--
Private|Grades 9–12
1076 W Roosevelt R...|2.24 Miles Away

St Procopius School

--
Private|Grades PK–8
1625 S Allport St|2.35 Miles Away

Galileo Elementary Math & Science Schol Acd

B
Public|Grades KG–8
820 S Carpenter St|2.35 Miles Away

Frances Xavier Warde School

--
Private|Grades PK–8
120 S Desplaines S...|2.40 Miles Away

Perez Elementary School

D+
Public|Grades PK–8
1241 W 19th St|2.43 Miles Away

Chicago Technology Academy High School

B
Public|Grades 9–12
1301 W 14th St|2.52 Miles Away

Yccs-Youth Connection Leadership Academy

--
Public|Grades 9–12
3424 S State St|2.53 Miles Away

Gems World Academy Chicago

--
Private|Grades PK–11
350 E South Water ...|2.54 Miles Away

St Therese School West

--
Private|Grades PK–8
2859 S Throop St|2.54 Miles Away

Devry Advantage Academy High School

A+
Public|Grades 11–12
1900 W Lawrence Av...|2.54 Miles Away

De la Salle Institute - Institute Campus

--
Private|Grades 9–12
3434 S Michigan Av...|2.59 Miles Away

Transit

Experience convenience and connectivity with premium transit options just moments away.

1440 S Indiana

0.3 miles away|6 min walk

18th St.

0.39 miles away|8 min walk

1100 S Columbus (Pedestrian Underpass)

0.94 miles away|18 min walk

327 W Roosevelt

1.11 miles away|22 min walk

25th Street & Michigan

1.13 miles away|22 min walk

26th Street & Indiana

1.28 miles away|25 min walk
Next

Transit

1440 S Indiana

0.3 miles away|6 min walk

18th St.

0.39 miles away|8 min walk

1100 S Columbus (Pedestrian Underpass)

0.94 miles away|18 min walk

327 W Roosevelt

1.11 miles away|22 min walk

25th Street & Michigan

1.13 miles away|22 min walk

26th Street & Indiana

1.28 miles away|25 min walk

26th Street & Prairie

1.29 miles away|25 min walk

26th Street & King Drive

1.33 miles away|26 min walk

2800 S King Drive

1.55 miles away|30 min walk

27th St.

1.59 miles away|31 min walk

18th Street & Halsted

1.61 miles away|31 min walk

26th Street & Normal

1.72 miles away|33 min walk

18th Street & Peoria

1.73 miles away|34 min walk

350 S. Clark Street (Chicago)

1.74 miles away|34 min walk

3000 S Michigan

1.75 miles away|34 min walk

2300 S Halsted

1.78 miles away|35 min walk

18th Street & Sangamon

1.82 miles away|35 min walk

333 S Franklin Street (Chicago)

1.82 miles away|35 min walk

3000 S King Drive

1.83 miles away|36 min walk

3000 S Wentworth

1.91 miles away|37 min walk

31st Street & Michigan

1.96 miles away|38 min walk

31st Street & Giles

1.97 miles away|38 min walk

31st Street & King Drive

1.99 miles away|39 min walk

18th Street & Carpenter

2.04 miles away|40 min walk

31st Street & Wells

2.07 miles away|40 min walk

31st Street & Rhodes

2.07 miles away|40 min walk

31st Street Beach

2.19 miles away|42 min walk

31st Street & Canal

2.2 miles away|43 min walk

3200 S Wentworth

2.21 miles away|43 min walk

900 W Harrison

2.25 miles away|44 min walk

18th Street & Racine

2.26 miles away|44 min walk

31st Street & Wallace

2.34 miles away|45 min walk

18th Street & Throop

2.43 miles away|47 min walk

31st Street & Union

2.44 miles away|47 min walk

33rd Place & Rhodes

2.46 miles away|48 min walk

3400 S State

2.48 miles away|48 min walk

31st Street & Halsted

2.53 miles away|49 min walk

33rd Place & Cottage Grove

2.54 miles away|49 min walk

35-Bronzeville-IIT

2.59 miles away|50 min walk

35th-Bronzeville-IIT

2.59 miles away|50 min walk

18th Street & Blue Island

2.59 miles away|50 min walk

35th Street & State (Green Line)

2.63 miles away|51 min walk

35th Street & Indiana

2.64 miles away|51 min walk

35th Street & Michigan

2.64 miles away|51 min walk

35th St. - Lou Jones

2.64 miles away|51 min walk

31st Street & Throop

2.64 miles away|51 min walk

35th Street & Giles

2.65 miles away|51 min walk

31st Street & Lituanica

2.66 miles away|51 min walk

35th Street & King Drive

2.66 miles away|52 min walk

35th Street & Federal

2.67 miles away|52 min walk

The Neighbourhood: 1631 S Michigan Avenue

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.

Next

Neighbourhood Description

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.

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1631 S Michigan Avenue Demographics

Age Demographics

0–14 Years

10.13%

15–29 Years

22.85%

30–44 Years

32.63%

45–59 Years

18.13%

60+ Years

16.27%

Commute

26.51%

Transit

11.68%

Walk

39.77%

Drive

2.54%

Bike

Housing Ownership

45.35%

Owner Occupied

54.65%

Rental Units

Household Types

Single Family
12.13%
Multi Family
1.08%
Single Person
53.16%
Multi Person
46.84%

Average Income

Household:$8,380,810.63 /yr

Individual:$7,724,284.52 /yr

Education

Bachelors Degree32.29%
High School College5.09%
Diploma3.72%
Post Graduate41.8%
Others17.11%
Next

Education

Diploma3.72%
Post Graduate41.8%
Others17.11%
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    1631 S Michigan Avenue
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