$550,000
- 3 Beds
- 2 Baths
- 1,400 sqft
1720 S Michigan Ave #1601, Chicago, IL 60616
Home Highlights
Condo
Built in 2007
$393/sqft
1 Car Garage
HOA $815/mo
Local Information
-- mins to
About this House
Experience elevated city living in this bright and spacious 3 bedroom, 2 bath concrete soft loft in the heart of the South Loop. Set on the 16th floor, this beautifully updated corner home showcases spectacular unobstructed north + east facing city skyline and Lake Michigan views through dramatic floor-to-ceiling windows that flood the space with natural light. Step outside to your expansive private balcony the perfect place to enjoy morning coffee or unwind while taking in the cityscape + lake. The thoughtfully designed floor plan features fully enclosed king + queen sized bedrooms, offering the privacy rarely found in loft living. The newly updated kitchen boasts new cabinet fronts, granite counters and brand new SS appliances and the newly updated bathrooms blend modern style with everyday functionality, while generous room sizes, a dining nook perfect for banquette seating, abundant closet space, additional storage, and an in-unit washer and dryer provide exceptional convenience. Monthly assessments include *heat, cooking gas, basic cable + internet* making for easy, worry-free living. Residents enjoy the security and convenience of a full-service building with 24-hour door staff, on site management, building engineers, bike storage, dog run. Heated garage parking is available for an additional $30,000. Enjoy direct resident only access to the South Loop Market for all of your grocery staples, including produce, liquor + wine, and a deli! Ideally located in the vibrant South Loop, you'll be just moments from some of Chicago's best restaurants, cafes, shopping, museums, Grant Park, the beach, the Lakefront Trail, Fred Anderson Dog Park, McCormick Place, and convenient access to the CTA Red, Green, Orange, and Pink Lines offering an unbeatable combination of neighborhood charm and downtown accessibility.
Last check for updates: about 8 hours ago
Listing courtesy of: Hayley Westhoff, (312) 733-7201
Compass
Lisa Rudisel, (312) 404-9600
Compass
Source: MRED as distributed by MLS GRID, MLS#12711210

Also Listed on MRED as distributed by MLS GRID.
Home Details for 1720 S Michigan Ave #1601
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MLS Status: Active |
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Interior Details Basement: NoneNumber of Rooms: 6Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Balcony Porch Lanai, Dining Room, Family Room, Kitchen, Laundry, Living Room |
Beds & Baths Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 2 |
Dimensions and Layout Living Area: 1400 Square Feet |
Appliances & Utilities Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)DishwasherDisposalDryerLaundry: Washer Hookup,In Unit,Laundry ClosetMicrowaveRefrigeratorWasher |
Heating & Cooling Heating: Natural Gas,Forced AirHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Natural Gas |
Fireplace & Spa No Spa |
Gas & Electric Electric: Circuit Breakers, 100 Amp Service |
Windows, Doors, Floors & Walls Window: Aluminum Frames, BlindsFlooring: HardwoodCommon Walls: End Unit |
Levels, Entrance, & Accessibility Number of Stories: 33Accessibility: No Disability AccessFloors: Hardwood |
View Has a ViewView: Front of Property |
Security Security: Fire Sprinkler System, Carbon Monoxide Detector(s) |
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Exterior Home Features Exterior: Balcony |
Parking & Garage Number of Garage Spaces: 1Number of Covered Spaces: 1Has a GarageHas an Attached GarageHas Open ParkingParking Spaces: 1Parking: Garage Door Opener,Heated Garage,Yes,Deeded,Attached,Garage |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public SewerWater Body: LAKE MICHIGAN |
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Days on Market: 11 |
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Year Built Year Built: 2007 |
Property Type / Style Property Type: ResidentialProperty Subtype: Condominium, Single Family Residence |
Building Construction Materials: Glass, ConcreteNot a New ConstructionNo Additional ParcelsIs Habitable Residence |
Property Information Parcel Number: 17223010701168Model Home Type: 3BR/2BA |
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Price List Price: $550,000Price Per Sqft: $393 |
Status Change & Dates Possession Timing: Specific |
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Direction & Address City: Chicago |
School Information Elementary School: South Loop Elementary SchoolElementary School District: 299Jr High / Middle School: South Loop Elementary SchoolJr High / Middle School District: 299High School: Phillips Academy High SchoolHigh School District: 299 |
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Listing Agent Listing ID: 12711210 |
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Building Details Builder Model: 3BR/2BA |
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HOA Fee Includes: Heat, Air Conditioning, Water, Gas, Insurance, Cable TV, Lawn Care, Scavenger, Snow Removal, InternetHas an HOAHOA Fee: $815/Monthly |
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Special Conditions: List Broker Must Accompany |
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Business Information Ownership: Condo |
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Mls Number: 12711210Water ViewWater View: Front of PropertyActivation Date: Mon Aug 24 2026 |
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HOA Amenities: Door Person,Commissary,Elevator in Residence,On Site Manager/Engineer,Receiving Room,Security Door Lock(s)MRD SHARE WITH CLIENTS: YesSource Internet Entire Listing DisplayMRD IDX Comments Reviews: NoMRD Listing On IDX Display: YesMRD Address On VOW Display: YesMRD AVM On IDX Display: NoMRD Price History On IDX Display: YesMRD Market Time On IDX Display: YesSource Internet Address DisplayMRD REMARKSINTERNET: YesMRD Remarks On VOW Display: Yes |
Around this home
What Locals Say about South Loop
At least 492 Trulia users voted on each feature.
93 % Say there are sidewalks
92 % Say it's dog friendly
85 % Say it's walkable to restaurants
80 % Say it's walkable to grocery stores
79 % Say streets are well-lit
65 % Say there's holiday spirit
56 % Say kids play outside
56 % Say people would walk alone at night
55 % Say they plan to stay for at least 5 years
50 % Say neighbors are friendly
49 % Say parking is easy
43 % Say car is needed
42 % Say it's quiet
39 % Say there are community events
37 % Say yards are well-kept
22 % Say there's wildlife
Sourced by Trulia users. Learn more about our methodology.
Market trends in South Loop
Last updated July 2026
Avg. sale price
$384K
Sale-to-List Price
100.3%
0.8%MoM
Price per sq ft
$343
$1MoM
Available listings
213
20MoM
Home Value
Trulia Estimate
$545KSince last month
Increased$2K (+0.3%)Since last year
Increased$70K (+14.7%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +16% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $545K |
| August 2026 | $550K |
| July 2026 | $543K |
| June 2026 | $550K |
| May 2026 | $539K |
| April 2026 | $545K |
| March 2026 | $523K |
| February 2026 | $509K |
| January 2026 | $499K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.00 | Condo | $480,000 | 05/29/26 | 3 | 2 | 1,391 | |
0.00 | Condo | $490,000 | 06/04/26 | 3 | 2 | 1,391 | |
0.00 | Condo | $550,000 | 04/24/26 | 3 | 2 | 1,350 | |
0.00 | Condo | $604,500 | 08/21/26 | 3 | 2 | 1,350 | |
0.00 | Condo | $381,000 | 02/27/26 | 2 | 2 | 1,250 | |
0.14 | Condo | $430,000 | 08/12/26 | 3 | 2 | 1,500 | |
0.05 | Condo | $440,000 | 06/29/26 | 2 | 2 | 1,500 | |
0.08 | Condo | $465,000 | 04/09/26 | 2 | 2 | 1,425 | |
0.00 | Condo | $360,000 | 06/23/26 | 2 | 2 | 983 | |
0.00 | Condo | $380,000 | 09/02/26 | 2 | 2 | 982 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.00 | $263,600 | 1 | 1 | 725 | Off Market | |
0.00 | $233,700 | 1 | 1 | 705 | Off Market | |
0.00 | $231,800 | 1 | 1 | 699 | Off Market | |
0.00 | $247,700 | 1 | 1 | 719 | Off Market | |
0.00 | $348,000 | 2 | 1 | - | Recently Sold | |
0.00 | $490,000 | 3 | 2 | 1,391 | Recently Sold | |
0.00 | $292,900 | 2 | 1 | 837 | Off Market | |
0.00 | $248,000 | 1 | 1 | 730 | Recently Sold | |
0.00 | $375,000 | 2 | 1.5 | - | Recently Sold | |
0.00 | $423,500 | 2 | 2 | 1,039 | Off Market | |
0.00 | $480,000 | 3 | 2 | 1,391 | Recently Sold | |
0.00 | $314,300 | 2 | 1 | 850 | Off Market |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Aug 24, 2026 Source: MRED as distributed by MLS GRID #12711210 | Listed For Sale | $550,000 |
Jul 28, 2024 Source: MRED as distributed by MLS GRID #12101248 | ListingRemoved | |
Jul 6, 2024 Source: MRED as distributed by MLS GRID #12101248 | Listed For Rent | $3,250 |
Jun 29, 2020 Source: Agent Provided | ListingRemoved | $3,000 |
Jun 3, 2020 Source: Agent Provided | Listed For Rent | $3,000 |
Aug 20, 2017 Source: Agent Provided | ListingRemoved | $2,850 |
Jul 19, 2017 Source: Agent Provided | Listed For Rent | $2,850 |
| Year | Property tax | Tax assessment |
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| 2024 | $7,475 | $370,700 |
Home facts updated by county records
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Hayley Westhoff, Compass
Agent Phone: (312) 733-7201

Based on information submitted to the MLS GRID as of 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Click here for more information
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Frequently asked questions about 1720 S Michigan Ave #1601
- What is the estimated monthly payment for 1720 S Michigan Ave #1601?Based on a $550,000 list price with 20% down at today's rates, the estimated monthly payment for 1720 S Michigan Ave #1601 in Chicago, IL is approximately $3,895 (about $2,908 principal & interest, $912 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- How does the list price for 1720 S Michigan Ave #1601 compare to homes in Chicago?1720 S Michigan Ave #1601 in Chicago, IL is listed at $550,000, about 43% above the $384K median sale price in Chicago.
- What do residents say about the South Loop neighborhood?Residents describe the South Loop neighborhood in Chicago, IL as pedestrian-friendly, dog-friendly, and walkable to restaurants. See homes for sale in South Loop, Chicago.
- What are the closest schools to 1720 S Michigan Ave #1601?The closest schools to 1720 S Michigan Ave #1601 in Chicago, IL are Phillips Academy High School (rated 1/10), South Loop Elementary School (Pre-K/Middle, rated 8/10).
- Does 1720 S Michigan Ave #1601 have air conditioning?Yes, 1720 S Michigan Ave #1601 in Chicago, IL has air conditioning.
- Does 1720 S Michigan Ave #1601 have laundry facilities?Yes, 1720 S Michigan Ave #1601 in Chicago, IL has in-unit laundry.
1720 S Michigan Ave #1601, Chicago, IL 60616 is a 3 bedroom, 2 bathroom, 1,400 sqft condo built in 2007. 1720 S Michigan Ave #1601 is located in South Loop, Chicago. This property is currently available for sale and was listed by MRED as distributed by MLS GRID on Aug 24, 2026. The MLS # for this home is MLS# 12711210.

