507/1801 S Michigan Ave

Chicago IL 60616

Condo

Last sold for $355,000

Michael Shenfeld, last sold this property on 25 September 2025 after 72 days on market.

Overview

Perfectly positioned in the heart of the South Loop, this renovated 2-bedroom, 1.5-bath timber loft offers a captivating blend of industrial charm and contemporary design. Soaring 12-foot ceilings, new floor-to-ceiling windows, and an oversized private balcony showcase lake and skyline views, while exposed brick, beams, and ductwork add authentic loft character throughout. The open-concept kitchen is both striking and functional, appointed with rich dark blue 42" shaker cabinets, sleek quartz countertops, a custom glass subway tile backsplash, newer stainless-steel appliances, and space for a breakfast table. The sunlit living area, anchored by a cozy corner gas fireplace, flows effortlessly for relaxing or entertaining, complemented by warm hardwood floors and abundant natural light. The expansive primary suite comfortably fits a king-sized bed, features a generous walk-in closet, and includes a serene en-suite bath with a soaking tub. The versatile second bedroom, lofted with a large window and full closet, is perfect as a guest room, home office, or creative space. Additional highlights include an in-unit washer/dryer, ample storage, a welcoming foyer, and a balcony ideal for grilling, lounging, or enjoying morning coffee with a view. Heated garage parking is $25K additional. This well-managed, pet-friendly building places you near everything-close to bus lines, the EL, the lakefront trail, Soldier Field, Museum Campus, Anderson dog park, parks, grocery stores, and some of Chicago's best dining and nightlife. Combining unbeatable location, style, and comfort, this South Loop gem is the ultimate urban retreat.

Features

2 bedrooms

2 bathrooms

1 carspace

1 garage space

Condo

Estimated Value

Based on this property and similar 2 bedroom condos sold in Chicago over the last 12 months, the estimated median property value of 507/1801 S Michigan Ave is $390k.

Median value

$390k

Estimated value range

$120k - $830k

Median days on market

Estimated value trend

increase over the last 12 months

Average days on market is based on recent, comparable sales in Chicago. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 507/1801 S Michigan Ave

2025

Sold

$355,000

25 Sep 2025 by Michael Shenfeld, of Jameson Sotheby's Intl Realty

2015

Sold

$280,000

10 Dec 2015

Happy sellers in Chicago

We have insufficient information to provide an overview of customer satisfaction for Chicago. Viewing the agent profiles, reviews and sales for Chicago can provide insights for this location.