$415,000

1632 S Indiana Ave Unit 409 Chicago, IL 60616

$4,928
Closing credit¹
2 beds
2 full
1,200 sqft
$346 / sqft
Condo

Property details

About 1632 S Indiana Ave Unit 409

Gorgeous, sun-filled 2 bedroom, 2 bathroom loft in the highly sought-after Bicycle Lofts, perfectly located in the heart of the South Loop. This impeccably maintained and thoughtfully updated home features hardwood floors throughout, an open-concept living and dining area centered around a beautiful fireplace, and a private balcony ideal for outdoor enjoyment. The modern kitchen boasts white cabinetry, a marble backsplash, stainless steel appliances, and a functional island perfect for cooking and entertaining. Both bedrooms have been fully enclosed to provide added privacy, and the home includes a spacious laundry room with side-by-side washer and dryer, as well as custom-built closets for ample storage. A unique lofted area adds even more flexible storage space throughout the unit. Outdoor parking and an additional storage unit are both included in the price. Building amenities include a fitness center, bike room, and storage room. Located just steps from restaurants, shops, and public transportation, this home offers unbeatable access to everything the South Loop has to offer-including Lakefront running paths, Soldier Field, nearby parks, and convenient shopping options like Trader Joe's and Target. Click on 3D tour to virtually walk through unit.

Highlights

Home typeCondominium
HeatingNatural Gas, Forced Air
StatusActive
CoolingCentral Air
Size1,200 sqft
ParkingAssigned, Off Street, On Site
MLS #12377876
FireplaceGas Log

Summary

  • Full Bathrooms: 2
  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: No
  • Interior: Cathedral Ceiling(s), Storage
  • Fireplace: Gas Log
  • Total Bedroom Count: 2
  • Parking: Assigned, Off Street, On Site
  • Exterior: Balcony
  • Heating: Natural Gas, Forced Air
  • Cooling: Central Air
  • List Price: $415,000
  • Price/SqFt: $345
  • HOA Amount: $420 Monthly
  • Directions: Roosevelt Road E. to Indiana Ave. South on Indiana to property.
  • Stories: 7
  • Living Area: 1,200 SqFt
  • MLS Number: 12377876
  • MLS Name: MRED
  • Office Name: Option Premier LLC
  • Office Phone: (312) 500-5808
  • Office Email: drew@optionpremier.com
  • Listing Agent: Cory Tanzer

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1632 S Indiana Ave Unit 409, Chicago, IL 60616 - view of apartment building / complex

$415,000

1632 S Indiana Ave Unit 409

$4,928

closing credit¹

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0.5% sale price²

Price information

Property sales

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Tax history

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Nearby schools

4

Cooper Elementary Academy

Public District PK-5

2.3 mi

1624 W 19th St

5

Univ of Chicago Charter-Donoghue

Public Charter PK-5

2.3 mi

707 E 37th St

10

Bronzeville Classical Elementary School

Public District KG-4

2.7 mi

8 W Root St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $91,719. The majority of Chicago, IL residents have income between $35k-100k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.

How much money do the neighbors make?

10%
<35k
44%
35k-100k
31%
100k-200k
15%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

70%
Single, No Kids
2%
Single, with Kids
18%
Married, No Kids
10%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

8%
<11 yrs old
1%
12-17 yrs old
48%
18-34 yrs old
38%
35-64 yrs old
5%
65+ yrs old

What do the neighbors do for fun?

  • TennisTennis
  • Hiking/backpackingHiking/backpacking
  • Live TheatreLive Theatre

Where do the neighbors shop?

  • Crate & BarrelCrate & Barrel
  • BloomingdalesBloomingdales
  • H&MH&M

Where do the neighbors go to eat?

  • StarbucksStarbucks
  • Boston MarketBoston Market
  • ChipotleChipotle

What do the neighbors drive?

  • BMWBMW
  • AudiAudi
  • MercedesMercedes

What do the neighbors listen to?

  • NewsNews
  • AlternativeAlternative
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

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Frequently asked questions

About 1632 S Indiana Ave Unit 409

The listing price of 1632 S Indiana Ave Unit 409 property is $415,000.

The property 1632 S Indiana Ave Unit 409 is a condo located in Chicago, Illinois, 60616.

Active Listing: 1632 S Indiana Ave Unit 409 is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 1632 S Indiana Ave Unit 409 are: Cooper Elementary Academy (GreatSchools Rating 4/10), Univ of Chicago Charter-Donoghue (GreatSchools Rating 5/10), Bronzeville Classical Elementary School (GreatSchools Rating 10/10), South Loop Elementary School (GreatSchools Rating 8/10), National Teachers Elementary Academy (GreatSchools Rating 6/10), Haines Elementary School (GreatSchools Rating 10/10), Perspectives Charter - Joslin Campus (GreatSchools Rating 3/10), Jones College Preparatory High School (GreatSchools Rating 10/10), Urban Preparatory West Charter School (GreatSchools Rating 1/10).

The property at 1632 S Indiana Ave Unit 409 has 2 bedrooms and 2 bathrooms.

The property 1632 S Indiana Ave Unit 409 is 1,200 SqFt (source: MLS/tax record).

This home is located at 1632 S Indiana Ave Unit 409 in Chicago, IL and zip code 60616 in the Near South Side neighborhood. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 29, 2025 and is currently priced at $415,000.

Over 1048 listings were sold over their listed price in May 2025 in Chicago, IL. In the same period over 906 listings were sold below the listed price and 390 listings were sold for the listed price. The inventory of homes for sale in Chicago, IL between April and May 2025 increased by 13.6%. In May 2025 median list price was $376,030 and the average listing age was 26 days.

From Rocket Homes Real Estate and based on county public records data.

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