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Attached Single · Chicago, IL
$449,900
2 beds · 2 baths · 1,350 sqft
1631 S MICHIGAN Avenue #506, Chicago, IL, 60616
A brick-and-mortar place to make your own — room to make it home.
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What’s special

Central air1-car garageIn-unit laundry
Set within the historic Tandem Lofts, a distinctive warehouse conversion completed in 2000, this 2-bedroom, 2-bath unit enjoys the best of both worlds: authentic loft character in a building thoughtfully redeveloped with the addition of three upper floors, creating a unique blend of vintage industrial architecture and contemporary living. Soaring 10-foot ceilings and dramatic floor-to-ceiling windows fill the home with natural light while framing partial lake and city views throughout the day. The open-concept living and dining space is ideal for both everyday living and entertaining, anchored by a gas fireplace and direct access to a private balcony perfect for morning coffee or evening sunsets. The spacious kitchen features warm wood cabinetry, granite countertops, stainless steel appliances, and abundant prep and storage space. The generous primary suite offers excellent natural light, a large walk-in closet, and an en suite bath designed for comfort and convenience, while the second bedroom functions beautifully as a guest room, home office, or creative space with oversized windows of its own. Additional highlights include in-unit laundry, a large coat closet/storage room ideal for bikes and seasonal items, plus an additional dedicated storage space in the building. Heated garage parking is included. Set within a boutique brick-and-timber elevator building with classic loft details and an elegant, modern lobby, this home places you moments from some of the South Loop's most beloved destinations including Museum Campus, Burnham Harbor, Soldier Field, the lakefront trail, neighborhood coffee shops, restaurants, parks, grocery stores, and public transportation. A rare opportunity to enjoy true loft living with space, warmth, convenience, and vibrant city energy all in one exceptional home.
— the listing agent’s description

The home

2 beds
2 baths
1,350 sqft
Built in 1920
Lot PER SURVEY
1-car garage
Attached Single

What it’ll cost

$333 / sqft
$8,313 taxes / yr
$829/mo HOA
New today

Estimated monthly payment

$4,045/mo
Principal & interest$2,392
Property taxes$693
Homeowners insurance$131
HOA dues$829
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Tour this home

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WED
Jun 3
THU
Jun 4
FRI
Jun 5
SAT
Jun 6
11:00 am
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New today
Price history
Listed for sale
Jun 19, 2026
$449,900
Earlier records
Listed
May 20, 2026
$449,900
From MLS records — independently verify.
Property taxes
2025
Annual tax bill (MLS)
$8,313/yr
Assessed value
2025
County assessor
$39,458~$394,580 mkt
2024
$39,458~$394,580 mkt
2023
$36,000~$360,000 mkt
2022
$36,000~$360,000 mkt
2021
$36,000~$360,000 mkt
2020
$32,251~$322,510 mkt
2019
$35,116~$351,160 mkt
2018
$35,116~$351,160 mkt
Assessed value from the Cook County Assessor (open records). Estimated market ≈ assessed × 10 for residential; not an appraisal — verify with the assessor.

Features

Central AirNatural GasForced AirRadiantIndv ControlsBrickStonePublic SewerAsphalt
Neighborhood
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Nearby places via OpenStreetMap — approximate; verify what matters to you. Map © Mapbox © OpenStreetMap.
MLS listing dataMRED
Listed by David New · Berkshire Hathaway HomeServices Chicago
Listing last updated Jun 19, 2026 · data refreshed from the MLS Jun 19, 2026, 1:42 PM CT
Based on information submitted to the MLS GRID as of Jun 19, 2026, 1:42 PM CT. Listing data © MRED LLC, distributed by MLS GRID — deemed reliable but not guaranteed; independently verify. Anything shown below this point is not MLS listing data.
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