130 S Canal ST #504 Chicago, IL 60606 Open Sun 10AM-12PM

UPDATED: 03/19/2026 09:50 PM ON MARKET: 2 days on market

$389,000

1 Bed2 Baths1,350 SqFt

Key Details

Property Type Condo

Sub Type Condo

Listing Status Active

Purchase Type For Sale

Square Footage 1,350 sqft

Price per Sqft $288

Subdivision Metropolitan Place

MLS Listing ID 12596352

Bedrooms 1

Full Baths 2

HOA Fees $1,040/mo

Year Built 1949

Annual Tax Amount $7,675

Tax Year 2024

Lot Dimensions CONDO

Property Sub-Type Condo

Property Description

Welcome to 130 S. Canal #504, a rare oversized loft offering the flexibility, lifestyle, and location today's buyers are searching for in Chicago. This expansive 1 bedroom, 2 full bath home has been fully refreshed with new paint, beautifully refinished hardwood floors, and brand new carpet in the bedroom and walk-in closet. Originally designed as a 2 bedroom, all 04 tiers in the building share this layout, giving you the unique opportunity to easily convert back to a 2 bedroom and unlock instant equity. A perfect option for buyers searching for a convertible layout, second bedroom potential, or a smart investment opportunity in a high-demand area. Enjoy an oversized private balcony ideal for outdoor living, entertaining, or grilling, all while taking in incredible north and south city views. Located in the highly sought-after West Loop Gate / Downtown Chicago area, this home is a true commuter's dream. Just steps to Union Station, Ogilvie Transportation Center, and the Blue Line, making it ideal for buyers relocating to Chicago or commuting to the suburbs or O'Hare. Walk to Greektown, the West Loop, and some of Chicago's best restaurants, cafes, and nightlife. Enjoy easy access to the Chicago Riverwalk and lakefront during the summer months. Quick access to I-90/94 and I-290 makes getting in and out of the city seamless, and you're just a 3 minute drive to Mariano's and Whole Foods. This is city living at its best, combining loft-style living, walkability, transit access, and long-term value in one of Chicago's most desirable neighborhoods.