1845 S Michigan Avenue Unit 601
Chicago, IL 60616
Map
- 2 beds
- 2 baths
- – sqft
- 2003 build
- – on site
Rare Corner Unit with Massive 300SF Private Terrace in the Heart of the South Loop! Prepare to be impressed by this rarely available 2-bedroom, 2-bath updated, corner condo featuring a large living area, floor to ceiling windows and an expansive private terrace perfect for entertaining. This light-filled unit is offered in the largest floor plan tier in the building boasting floor to ceiling windows, large living space and an open concept layout. You'll enjoy the recent updates to the unit which include bathrooms, kitchen, flooring, modern hardware and custom lighting. If you're looking for more, what truly sets this home apart is the oversized private terrace perfect for grilling, dining, gardening, entertaining or simply relaxing while enjoying skyline views. This kind of outdoor space is a rare find in city living and 1 of only 10 private terraces available in this modern highrise building. This unique addition lends itself to an unmatched level of comfort, space and versatility for your lifestyle while enjoying panoramic views of the city skyline. Additional highlights include in-unit laundry, custom closet cabinetry and a dedicated storage unit. Garage parking is available for an additional $25K. Assessments for this unit are a budget conscious $470 a month (with parking) and include water and gas utilities. This well maintained building has recently undergone major improvements, including but not limited to, a renovated lobby, new storage lockers, parking garage refresh, state-of-the-art security and building entry system, new make-up air unit, new boilers, new elevators and continued, meticulous maintenance of the common areas and facade. Ideally located in the vibrant South Loop, this home is just steps from acclaimed museums, restaurants, shopping, public transit, the 18th street bridge to Soldier Field, lakefront trails, great dog parks and everything the neighborhood has to offer. Don't miss your chance to enjoy the perfect blend of indoor luxury and rare outdoor living in one of Chicago's most desirable communities!
Last checked:
As a licensed real estate brokerage, Estately has access to the same database professional Realtors use: the Multiple Listing Service (or MLS). That means we can display all the properties listed by other member brokerages of the local Association of Realtors—unless the seller has requested that the listing not be published or marketed online.
The MLS is widely considered to be the most authoritative, up-to-date, accurate, and complete source of real estate for-sale in the USA.
Estately updates this data as quickly as possible and shares as much information with our users as allowed by local rules. Estately can also email you updates when new homes come on the market that match your search, change price, or go under contract.
Checking…
•
Last updated Jun 3, 2025
•
MLS# 12320997 —
Monthly cost estimate
Asking price
$450,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$2,409
|
| Taxes | $382 |
| Insurance | $123 |
| HOA fees | $470 |
| Utilities | N/A |
| Total | $3,384/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
5/28/25
May 28, 2025
|
Listed / Active | MRED | $450,000 | 46.1% (3.2% / YR) |
|
12/13/10
Dec 13, 2010
|
MRED | $308,000 | -9.4% (-2.7% / YR) | |
|
6/20/07
Jun 20, 2007
|
MRED | $340,000 |
47% of nearby similar homes sold for over asking price
Similar homes that sold in bidding wars went $15k above asking price on average, but some went as high as $46k over asking price.
