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1600 S Indiana Ave Unit 602
Condo
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$320,000

$385/sqft

1600 S Indiana Ave Unit 602, Chicago

73% below median
1 bd·1 ba·832 sqft
Built 2006Near South Side

1600 S Indiana Ave Unit 602, Chicago, IL

1 bd · 1 ba · 832 sqft Condo listed at $320,000, built in 2006 in the Near South Side neighborhood.

About this home

Bright, modern, and move-in ready South Loop condo offering 832 sq ft of open-concept living. Updated kitchen features quartz countertops and contemporary finishes, flowing into a spacious living area ideal for entertaining. Floor-to-ceiling windows in the living room and bedroom provide abundant natural light with north-facing city views. Step out onto the private balcony to enjoy east-facing lake views. Newer flooring throughout and updated bathroom. Additional features include in-unit laundry and space for a home office. Full-amenity building with sundeck, fitness center, storage, and lobby. Garage parking included in price. Prime location near parks, public transportation, dining, Chicago's lakefront and all that the South Loop has to offer.

Property details

Price
$320,000
Bedrooms
1
Bathrooms
1
Interior
832 sqft
Price / sqft
$385
Year built
2006
Type
Condo
Days on market
54
Est. property tax
$6,656/yr · $555/mo · 2.08% IL avg
HOA
$674/mo
Last sold
$287,000 · Oct 2024

Estimated monthly payment

Down payment20% ($64,000)
Interest rate6.75%
Principal & Interest$1,660
Property Tax$293
Insurance$150
Total$2,104/mo

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Price history

$363K$166K$-31K$260K on Jun 06 (Sold)$2K on Jan 16 (Price change)$2K on Jan 16 (Price change)$2K on Feb 16 (Price change)$2K on Mar 16 (Price change)$260K on Jun 24 (Initial list)$260K on Aug 24 (Initial list)$287K on Sep 24 (Sold)$330K on Feb 26 (Initial list)$320K on Mar 26 (Initial list)
$260K · Jun 06$320K · Mar 26
  1. Mar 2, 2026$320,000Initial list price
  2. Feb 17, 2026$330,000Initial list price
  3. Sep 18, 2024$286,900Sold
  4. Aug 6, 2024$259,900Initial list price
  5. Jun 7, 2024$259,900Initial list price
  6. Mar 8, 2016$1,750Price change
  7. Feb 12, 2016$1,750Price change
  8. Jan 11, 2016$1,600Price change
  9. Jan 8, 2016$1,600Price change
  10. Jun 21, 2006$260,000Sold

Location

This home is located in Chicago, IL. Browse more Chicago listings on the Chicago market page or explore the full Chicago market report.

About Chicago: Chicago is the most populous city in the U.S. state of Illinois and in the Midwestern United States. Located on the western shore of Lake Michigan, it is the third-most populous city in the United States, with a population of 2.74 million at the 2020 census. The Chicago metropolitan area has 9.41 million residents and is the third-largest metropolitan area in the country. Chicago is the seat of Cook County, the second-most populous county in the U.S. (source: Wikipedia)

Climate: Average year-round temperature is 51°F with 211 dry days per year and 39.9 inches of annual rainfall.

Location

Map of 1600 S Indiana Ave Unit 602, Chicago
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Home Intelligence

Neighborhood (zip 60616)

This neighborhood is primarily renter-occupied (38% owner-occupied). Median age is 37.6; 26% hold a bachelor's degree; median household income is $72,326.

Median income
$72,326
Median age
37.6
Owner-occupied
37.9%
Bachelor's degree
25.7%
Census median home value
$391,100

Source: US Census Bureau American Community Survey 5-year estimates.

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