Michigan Avenue Tower - Stunning 2 Bed / 2 Bath Corner Unit Bright and beautifully updated southeast corner unit flooded with natural light! This spacious home features fresh paint, brand-new appliances, hardwood floors, 42" cabinets, granite countertops, and in-unit washer/dryer. Floor-to-ceiling windows showcase spectacular city and lake views. Enjoy luxury living with full-service amenities including a 24-hour doorman, fitness center, dog run, outdoor pool, and expansive sun deck. Unbeatable location-just a short stroll to the lakefront, parks, museums, shopping, and public transit. Indoor heated parking available for $30,000. Building Reserves:$2,380,480.80. No rental cap. Owners must reside in the unit for min. 2 yrs prior to leasing. No short-term or Airbnb rentals. Lease term minimum 6 months.
Closed
$425,000
1250 S Michigan Ave APT 1502, Chicago, IL 60605
2beds
1,298sqft
Condominium, Single Family Residence
Built in 2004
-- sqft lot
$472,400 Zestimate®
$327/sqft
$3,707 Estimated rent
Home value
$472,400
$444,000 - $505,000
$3,707/mo
Zestimate® history
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Floor-to-ceiling windowsFresh paintNatural lightGranite countertopsHardwood floorsCorner unitBrand-new appliances
Zillow last checked:
Listing updated:
Listed by:
Alex Young 312-585-6691,
Coldwell Banker Realty
Bought with:
Alexandre Stoykov
Compass
Source: MRED as distributed by MLS GRID,MLS#: 12365740
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: No additional rooms
Primary bedroom
- Features: Bathroom (Full)
- Level: Main
- Area: 168 Square Feet
- Dimensions: 12X14
Bedroom 2
- Level: Main
- Area: 120 Square Feet
- Dimensions: 10X12
Dining room
- Features: Flooring (Hardwood)
- Level: Main
- Dimensions: COMBO
Kitchen
- Features: Flooring (Hardwood)
- Level: Main
- Area: 117 Square Feet
- Dimensions: 9X13
Living room
- Features: Flooring (Hardwood)
- Level: Main
- Area: 273 Square Feet
- Dimensions: 13X21
Heating
- Natural Gas
Cooling
- Central Air
Appliances
- Included: Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
- Laundry: Washer Hookup
Features
- Flooring: Hardwood
- Basement: None
Interior area
- Total structure area: 0
- Total interior livable area: 1,298 sqft
Property
Parking
- Total spaces: 1
- Parking features: Circular Driveway, Heated Garage, On Site, Deeded, Attached, Garage
- Attached garage spaces: 1
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Wheelchair Accessible, Disability Access
Features
- Has view: Yes
- View description: Side(s) of Property
- Has water view: Yes
- Water view: Side(s) of Property
Details
- Additional parcels included: 17221010431249
- Parcel number: 17221010431110
- Special conditions: None
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium, Single Family Residence
Materials
- Glass, Stone, Concrete
Condition
- New construction: No
- Year built: 2004
- Major remodel year: 2025
Utilities & green energy
- Sewer: Public Sewer
- Water: Lake Michigan
Community & HOA
HOA
- Has HOA: Yes
- Amenities included: Bike Room/Bike Trails, Door Person, Elevator(s), Exercise Room, Sundeck, Pool
- Services included: Heat, Air Conditioning, Water, Gas, Doorman, Cable TV, Exercise Facilities, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
- HOA fee: $875 monthly
Location
- Region: Chicago
Financial & listing details
- Price per square foot: $327/sqft
- Tax assessed value: $395,510
- Annual tax amount: $8,996
- Date on market: 5/20/2025
- Listing terms: Cash
- Ownership: Condo
Price history
| Date | Event | Price |
|---|---|---|
| 7/11/2025 | Sold | $425,000+6.3%$327/sqft |
Source:  MRED as distributed by MLS GRID #12365740 Report a problem | ||
| 6/24/2025 | Contingent | $400,000$308/sqft |
Source: MRED as distributed by MLS GRID #12365740 Report a problem | ||
| 5/20/2025 | Listed for sale | $400,000-3.6%$308/sqft |
Source: MRED as distributed by MLS GRID #12365740 Report a problem | ||
| 7/7/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 7/5/2023 | Listed for rent | $3,000+11.1%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/29/2021 | Listing removed | -- |
Source: Zillow Rental Network_1 Report a problem | ||
| 3/12/2021 | Listed for rent | $2,700$2/sqft |
Source: Zillow Rental Network_1 Report a problem | ||
| 2/28/2018 | Listing removed | $2,700$2/sqft |
Source: Owner Report a problem | ||
| 1/28/2018 | Listed for rent | $2,700$2/sqft |
Source: Owner Report a problem | ||
| 8/20/2014 | Sold | $415,000+9.2%$320/sqft |
Source: MRED as distributed by MLS GRID #08685675 Report a problem | ||
| 7/15/2014 | Listed for sale | $380,000+6.1%$293/sqft |
Source: @properties #08685675 Report a problem | ||
| 6/14/2005 | Sold | $358,000$276/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $39,551 -1.1% |
| 2023 | $8,467 +2.6% | $39,999 |
| 2022 | $8,253 +2.3% | $39,999 |
| 2021 | $8,067 +18.5% | $39,999 +30.9% |
| 2020 | $6,807 -11.5% | $30,554 -20.2% |
| 2019 | $7,692 +1.7% | $38,286 |
| 2018 | $7,563 +38.6% | $38,286 +33.3% |
| 2017 | $5,455 +3.9% | $28,715 |
| 2016 | $5,251 -15.2% | $28,715 -15% |
| 2015 | $6,193 +51.3% | $33,794 +37.2% |
| 2014 | $4,094 +2.3% | $24,633 |
| 2013 | $4,002 +0.7% | $24,633 |
| 2012 | $3,973 -17% | $24,633 -21.9% |
| 2011 | $4,784 -8.9% | $31,543 -2.2% |
| 2010 | $5,249 +0.2% | $32,258 -4% |
| 2009 | $5,240 +9.8% | $33,604 +1% |
| 2008 | $4,772 -2.6% | $33,264 -3.5% |
| 2007 | $4,897 | $34,480 |
Find assessor info on the county website
Neighborhood: South Loop
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Nearby schools
GreatSchools rating
- 8/10South Loop Elementary SchoolGrades: PK-8Distance: 0.5 mi
- 1/10Phillips Academy High SchoolGrades: 9-12Distance: 2.9 mi
Schools provided by the listing agent
- District: 299
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$472,400
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Estimated market value
$472,400
- Illinois
- Cook County
- Chicago
- 60605
- South Loop
- 1250 S Michigan Ave Apartment 1502
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