1601 S Michigan Ave. #505

in Skyline Lofts
$240,000 Active · 11 days on market
1
beds
1
baths
720
sq ft
$333
per sq ft

About this unit

This well renovated bright South Loop condo comes with parking and 8x12 storage unit included! This cozy north facing condo offers views of downtown skyline you can enjoy from the balcony. Balcony views include Soldier Field, lake Michigan, and straight up Michigan Ave. Easy walk to Grant Park, playgrounds, restaurants, night life, public trans. Owner occupants only. No rentals allowed.

Amenities

Shared amenities included with the building.

  • Parking

Property details

The facts that decide a tour — straight from MRED.

Monthly costs
HOA$374 / mo
HOA includesWater, Parking, Insurance, TV/Cable, Exterior Maintenance, Scavenger, Snow Removal, Internet
Annual tax$3,673 (2025)
Rules & parking
ParkingAssigned, Yes, Owned
PetsCats OK, Dogs OK

What it costs each month

Live estimate. Tax based on Cook County 2024 effective rate. HOA pulled from the listing.

$240,000
$
20%$48,000
6.85%
30 years
Principal & interest$1,258 / mo
HOA$374 / mo
Property tax (est.)$306 / mo
All-in monthly$1,938

Estimate. Real rate depends on your lender, credit, and reserves. We'll connect you to a Chicago-based broker once you tour.

Listing history

The MLS trail for this unit — list events and price changes only.

Sep 15, 2026 Listed for sale $240,000current

About Skyline Lofts

A look at the building this unit is in.

Skyline Lofts building

Skyline Lofts— Skyline Lofts

South Loop condo · 6 floors · built 1906
1 for sale · 0 for rent
For sale from $240K
View the building

Where it is

FAQ

Where do these listings come from?

Straight from the Midwest Real Estate Data (MRED) MLS, refreshed regularly — the same listings your buyer's agent sees, no curated subset.

Can I work with Dibze to buy?

Yes. A licensed Chicago buyer's agent lines up tours, writes offers, and handles the close. The seller pays the commission, so it's free to you — and we rebate part of it back at closing.

Can I rent in this building?

If owners are leasing units, the For Rent tab shows them. These are individual condo owners listing through the MLS, so lease terms and pet rules vary by unit.

How is this different from Redfin or Zillow?

Same MLS feed, different model — we don't sell your contact info or turn every click into a lead. One Dibze condo expert handles your whole search and represents you, not the seller.

Recently sold in this building

Last 12 months of closed sales at Skyline Lofts — straight from MRED. For pricing context, not for tour.

Listed by Julius Dickens · Baird & Warner · MLS #MRD12760199 · MRED
Mino Conenna
Mino Conenna
Licensed IL broker · Chicago condo specialist
Online now · replies in minutes

Schedule a showing

Unit #505 — Mino confirms same day and sorts the timing with you directly.

Free · No obligation · Cancel anytime

Not ready to tour?