1720 S Michigan Avenue #405
Chicago, IL, 60616
$225,000
1 Beds
1 Baths
750 SqFt
0 Acres
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MLS #MRD12573168 image #0
Bright and sunny One-Bedroom Loft in the heart of Chicago’s South Loop, offering a perfect blend of modern style and everyday convenience. Featuring hardwood floors, floor-to-ceiling windows that flood the space with natural light and an updated kitchen equipped with stainless steel appliances, brand new dishwasher and ample cabinetry. Other highlights include private east facing balcony and in unit Washer and Dryer. Located in a full-amenity building with 24-hour door staff, bicycle storage, and indoor access to South Loop Market, this investor-friendly property has no rental cap. Assessments cover everything but electric. Just steps from the Lakefront, Museum Campus, shopping, dining, parks, expressways, and public transit, this is truly a walk-to-everything location. Heated garage parking is available for an additional $30,000. Pet-friendly and move-in ready-welcome home!

Property Details

Price:
$225,000
MLS #:
MRD12573168
Status:
Active Under Contract
Beds:
1
Baths:
1
Type:
Condo
Neighborhood:
chinearsouthside
Listed Date:
Apr 24, 2026
Finished Sq Ft:
750
Year Built:
2008
Parking TotalChi – Near South SideChinearsouthsideSouth Loop Elementary School

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Schools

School District:
299
Elementary School:
South Loop Elementary School

Interior

Appliances
Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
Bathrooms
1 Full Bathroom
Cooling
Central Air
Flooring
Hardwood
Heating
Natural Gas, Forced Air
Interior Features
High Ceilings, Open Floorplan, Doorman, Granite Counters
Laundry Features
Gas Dryer Hookup, In Unit

Exterior

Accessibility Features
Door Width 32 Inches or More, No Interior Steps
Association Amenities
Bike Room/Bike Trails, Door Person, Elevator(s), On Site Manager/Engineer, Receiving Room, Security Door Lock(s)
Construction Materials
Glass, Concrete
Exterior Features
Balcony
Garage Spaces
1
Parking Features
Garage Door Opener, Heated Garage, Yes, Deeded, Attached, Garage
Parking Spots
1
Parking Total
1
Window Features
Drapes

Financial

HOA Fee
$430
HOA Fee Frequency
Monthly
HOA Includes
Heat, Air Conditioning, Water, Insurance, TV/Cable, Exterior Maintenance, Scavenger, Snow Removal
Tax Year
2024
Taxes
$4,485

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Community

Market Summary

Current real estate data for Condo in Chicago as of May 17, 2026
3,505
Condo Listed
57
Avg DOM
381
Avg $ / SqFt
$634,417
Avg List Price

Property Summary

    1720 S Michigan Avenue #405 Chicago IL is a Condo for sale in Chicago, IL, 60616. It is listed for $225,000 and features 1 beds, 1 baths, and has approximately 750 square feet of living space, and was originally constructed in 2008. The current price per square foot is $300. The average price per square foot for Condo listings in Chicago is $381. The average listing price for Condo in Chicago is $634,417.

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