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1620 S Michigan Ave

1620 S Michigan Ave

1620 S Michigan Ave
Condominium Building
The Costar Building Rating

A rating for the building relative to other buildings of the same type throughout the country. Learn more

249 Units
12 Stories
2006 Year Built
$29K - $515K Value Range

Available Units

For Sale
For Rent

Highlights

  • Doorman
  • Water Views
  • Community Cabanas
  • Elevator
  • On-Site Retail
  • 1 min walk to Fred Anderson Park

Modern Living in the Heart of South Loop

1620 S Michigan Avenue is a contemporary condominium building located in the vibrant South Loop neighborhood of Chicago. Completed in 2006, this 12-story building houses 249 units, offering a range of living spaces to suit various needs. The building's modern design features a sleek glass facade and balconies on each level, providing residents with both functionality and aesthetic appeal.

Diverse Layouts with Modern Features

The condominium offers a variety of floor plans, including studios, one-bedroom, two-bedroom, and three-bedroom units. Studio units range from 537 to 550 square feet and typically rent for around $1,600 per month. These compact yet efficient spaces are perfect for individuals seeking a cozy, low-maintenance home. One-bedroom units span from 525 to 850 square feet, with sale prices ranging from $229,900 to $240,000. These units often feature open-concept layouts, hardwood floors, and modern kitchens equipped with stainless steel appliances and granite countertops. Many one-bedroom units also include private balconies, providing a personal outdoor space to enjoy city views. Two-bedroom units vary significantly in size, from 749 to 1,606 square feet, and are priced between $279,000 and $400,000. These units are designed with versatility in mind, offering features such as floor-to-ceiling windows, high ceilings, and ample storage space. Some units boast unique elements like wrap-around terraces, motorized blinds, and custom walk-in closets. The larger two-bedroom units often include two bathrooms, with updated fixtures and finishes. The three-bedroom units, approximately 1,800 square feet, provide ample space for families or those needing extra room. These units typically include two bathrooms, spacious living areas, and modern kitchens with premium appliances. The expansive layouts and high-end finishes make these units ideal for comfortable, upscale living. Monthly HOA fees range from $300 to $500, covering essential services such as water, gas, insurance, TV/cable, exterior maintenance, scavenger, snow removal, and internet.

Comprehensive Amenities for Modern Living

Residents of 1620 S Michigan Avenue enjoy a wide array of amenities designed to enhance their living experience. The building features heated garage parking, ensuring convenience and protection from the elements. Secure fob entry and a camera-monitored system provide peace of mind, while the part-time door staff and on-site property manager are available to assist with any needs. The building includes a mail room and receiving room for package deliveries, making it easy to manage online shopping and deliveries. On-site maintenance staff ensures that the building remains in top condition, addressing any issues promptly. For pet owners, the building is exceptionally accommodating. It is pet-friendly with breed restrictions and features a massive dog park directly behind the building, providing a convenient space for pets to exercise and socialize. The units themselves are designed with comfort and style in mind. Many feature floor-to-ceiling windows, high ceilings, and private balconies, allowing residents to enjoy natural light and fresh air. The building also offers bike storage, catering to those who prefer cycling as a mode of transportation. Additionally, the building houses a hair and nail salon, adding an extra layer of convenience for residents who prefer to take care of their grooming needs close to home.

Vibrant South Loop Neighborhood

The South Loop neighborhood is a dynamic area with a rich history and a variety of attractions. Originally developed as a network of railroad yards in the early 20th century, the area has transformed into a bustling community with a strong local vibe. Residents enjoy a mix of luxury living and a residential feel not commonly found in downtown neighborhoods. The neighborhood is home to a diverse culinary scene, with restaurants like AO Hawaiian Hideout offering Asian-inspired dishes in a colorful setting. Chinatown, located on the west side, features a variety of eateries such as Qing Xing Yuan Dumplings and Shoo Loong Kan Hotpot. For a more casual dining experience, Reggie's Chicago is a popular spot for pub-style food and drinks. Grant Park, a staple attraction in the area, draws both locals and tourists year-round. The park becomes particularly lively during the warmer months, with food trucks, events, and blooming tulips. The Lakefront Trail offers scenic walks and picnics, while Museum Campus is home to Chicago's three largest museums. Grocery shopping is convenient with stores like Mariano's, Trader Joe's, and Jewel-Osco located nearby. Retail options include Target and the Roosevelt Collection Shops, which offer a variety of stores and dining options. The neighborhood is also well-connected, with Roosevelt Station providing access to multiple transit lines, making it easy to navigate the city. The area is home to several educational institutions, including Columbia College of Chicago and Illinois John Marshall Law School, contributing to a youthful and vibrant community.

Excellent Transportation Options

1620 S Michigan Avenue is ideally situated for easy access to various transportation options. The building is within walking distance of several bus stops, including Michigan & 18th Street and Michigan & 16th Street, which serve multiple transit lines such as Bronzeville/Union Station, Cottage Grove, and King Drive. The 18th Street Metra Station, located about 10 minutes away on foot, provides access to the Metra Electric Line, offering convenient commuter rail service. For those who prefer the "L," the Cermak-Chinatown Station and Roosevelt Station are both within a 15-minute walk, serving the Red, Green, and Orange Lines. The South Shore Line's McCormick Place Station is approximately a mile away, providing additional commuter rail options. For air travel, Chicago Midway International Airport is about a 15-minute drive, while Chicago O'Hare International Airport is approximately 30 minutes away by car. The building's location also offers easy access to major highways and interstates, making it convenient for those who drive. Heated garage parking is available on-site, ensuring residents have a secure place to park their vehicles.

Available Condos

Building Details

Recreation

  • Community Cabanas
  • Bike Trail

Outdoor Features

  • Common Area

Amenities

  • Water Views
  • Doorman
  • On-Site Retail
  • Public Transportation
  • Package Room
  • Security Service
  • Resident Manager or Management On Site
  • Controlled Access

Parking

  • 1 Garage Space Per Unit
  • 1 Car Attached Garage
  • Uncovered Parking
  • On-Site Parking

Pet Policy

  • Pets up to 30 lbs
  • Limit on the number of pets
  • Pet Size Limit
  • Pet Deposit Required
  • Dogs and Cats Allowed

Condo Association

  • $308 Monthly HOA Fees
  • Monthly HOA Fees Range from $243 - $497
  • Association fees include heat, water, gas, insurance, security, doorman, lawn care, scavenger, snow removal, internet
  • Jack Beebe Association, Phone Number (312) 379-0400
  • Property managed by Forth Group

Building Design

  • Elevator
  • Fire Sprinkler System
  • High-Rise Condominium
  • Lobby

Unit Features

  • Open Floorplan
  • Ceiling height of 10 feet or more
  • Laundry Room
  • Washer and Dryer Hookup
  • Balcony

Unit Information

Unit
424
Beds
2 Beds
Baths
1 Bath
Sq Ft
980
Price
$325,000
Price / Sq Ft
$332 / Sq Ft
List Date
04/23/2025

Unit Size and Value Ranges

Studio Units
Sq Ft Range
550 - 1,000
Est. Values
$28,656 - $504,984
1 Bedroom Units
Sq Ft Range
600 - 700
Est. Values
$207,747 - $295,860
2 Bedroom Units
Sq Ft Range
749 - 1,606
Est. Values
$289,305 - $474,901
3 Bedroom Units
Sq Ft Range
None Available
Est. Values
$515,404
All Units
Sq Ft Range
550 - 1,606
Est. Values
$28,656 - $515,404

Map

Area Factors

Moderate Crime

Crime Score®

6 / 10

Biker's Paradise

Bike Score®

91 / 100

Walker's Paradise

Walk Score®

94 / 100

Excellent Transit

Transit Score®

83 / 100
Sources: WhatIsMyCrimeRisk.com, Walk Score
Sources: WhatIsMyCrimeRisk.com, Walk Score

WhatIsMyCrimeRisk.com, Powered by CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks. Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

Environmental Factors

Active

Sound Score®

69 / 100

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Air Pollution®

N/A / 10

--

Flood Factor®

N/A / 10

--

Fire Factor®

N/A / 10

--

Heat Factor®

N/A / 10

--

Wind Factor®

N/A / 10
Source: First Street, How Loud
Sources: First Street, How Loud

Sound Score® measures the noise level of any address. Environmental risk data is provided by First Street Foundation® and is designed to approximate risk and not intended to include all possible scenarios.

Parks in this Area

Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology
Disclaimer: Please note that this building may not be in these schools' attendance zones.

Agents Active in this Building

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Property Taxes

Range in Assessed Values
$639 - $53K
Range of Taxes in Building
$103 - $10,562
Range of Taxes per Sq Ft
$0.32 - $7.54

Property Tax History

Source: Public Records

Similar Condominium Buildings

Building Team

Developer
CMK Companies
Architect
Brininstool & Lynch
Property Management
CMK Realty Corporation
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed and should be independently verified.