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  • $879,000

    1250 S Michigan Ave APT 2802, Chicago, IL 60605

    4beds
    3,035sqft
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    Condominium, Single Family Residence
    Built in 2005
    -- sqft lot
    $-- Zestimate®
    $290/sqft
    $3,327/mo HOA

    What's special

    Positioned on the coveted southeast corner of an exclusive high-rise, this extraordinary penthouse offers over 3,000 square feet of luxurious living-all on a single level-and is a true rarity in the city. A standout for its exceptional indoor-outdoor flow, this home boasts three private outdoor spaces, including a stunning 720 sq ft wrap-around terrace that extends from the kitchen, living, and dining areas with sweeping east and south exposures, plus north and west views that capture both lake and skyline vistas, and iconic Chicago landmarks like Soldier Field and Navy Pier. Inside, the residence has been thoughtfully reimagined by the current owners with a designer-renovated kitchen featuring custom cabinetry, a high-end appliance suite including a SubZero refrigerator and Wolf range, a spacious peninsula for entertaining, and an intimate in-kitchen dining area-perfect for everyday luxury. The open-concept layout flows seamlessly into the expansive living and dining rooms, enhanced by floor-to-ceiling windows, elegant crown molding, hardwood floors all flooded with beautiful natural light. Offering four generously sized bedrooms-each with access to an outdoor space-this home is ideal for both privacy and connection. The primary suite rivals those found in single-family homes, with ample room for a seating area and home gym, two custom walk-in closets, plush carpeting, and a spa-caliber ensuite with dual vanities, a soaking tub, and a separate walk-in shower. A secondary bedroom suite is thoughtfully tucked away from the remaining bedrooms and features an ensuite bath, making it ideal for guests, in-laws, or an au pair. Additional highlights include a fully built-out mudroom area near the second entry with abundant storage, black out roller shades in all bedrooms, and upgraded designer lighting throughout. Every detail has been curated for both function and elegance. Located just steps from Chicago's most beloved landmarks-Millennium Park, Grant Park, the Art Institute, Museum Campus, Soldier Field, the lakefront, and world-class dining-the home also offers effortless access to public transportation including train and bus lines, Lake Shore Drive, and major expressways. Two side-by-side heated garage parking spaces are available for $30k each, completing this rare offering of space, light, location, and unmatched outdoor living in the heart of the city.
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    Zillow last checked:

    Listed by:

    Julie Busby 773-466-7150,

    Compass,

    Pamela Moran 312-714-4536,

    Compass

    Source: MRED as distributed by MLS GRID,MLS#: 12699206MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 4
      • Full bathrooms: 3
      • 1/2 bathrooms: 1
      Rooms
      • Room types: Balcony/Porch/Lanai, Breakfast Room, Foyer, Terrace, Walk In Closet, Other Room
      Primary bedroom
      • Features: Flooring (Carpet), Bathroom (Full)
      • Level: Main
      • Area: 450 Square Feet
      • Dimensions: 25X18
      Bedroom 2
      • Features: Flooring (Carpet)
      • Level: Main
      • Area: 208 Square Feet
      • Dimensions: 16X13
      Bedroom 3
      • Features: Flooring (Carpet)
      • Level: Main
      • Area: 154 Square Feet
      • Dimensions: 14X11
      Bedroom 4
      • Features: Flooring (Carpet)
      • Level: Main
      • Area: 165 Square Feet
      • Dimensions: 15X11
      Balcony porch lanai
      • Level: Main
      • Area: 72 Square Feet
      • Dimensions: 12X6
      Breakfast room
      • Level: Main
      • Area: 88 Square Feet
      • Dimensions: 11X08
      Dining room
      • Features: Flooring (Hardwood)
      • Level: Main
      • Dimensions: COMBO
      Foyer
      • Level: Main
      • Area: 56 Square Feet
      • Dimensions: 08X07
      Kitchen
      • Features: Kitchen (Eating Area-Table Space, Pantry-Closet), Flooring (Ceramic Tile)
      • Level: Main
      • Area: 162 Square Feet
      • Dimensions: 18X09
      Laundry
      • Level: Main
      • Area: 42 Square Feet
      • Dimensions: 07X06
      Living room
      • Features: Flooring (Hardwood)
      • Level: Main
      • Area: 490 Square Feet
      • Dimensions: 35X14
      Other
      • Level: Main
      • Area: 60 Square Feet
      • Dimensions: 10X6
      Other
      • Level: Main
      • Area: 1617 Square Feet
      • Dimensions: 49X33
      Walk in closet
      • Level: Main
      • Area: 56 Square Feet
      • Dimensions: 08X07
      Walk in closet
      • Level: Main
      • Area: 98 Square Feet
      • Dimensions: 14X07
      Heating
      • Natural Gas, Forced Air
      Cooling
      • Central Air
      Appliances
      • Included: Range, Microwave, Dishwasher, High End Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Wine Refrigerator, Range Hood
      • Laundry: Washer Hookup, In Unit
      Features
      • Storage, Walk-In Closet(s)
      • Flooring: Hardwood
      • Basement: None
      Interior area
      • Total structure area: 0
      • Total interior livable area: 3,035 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Heated Garage, Yes, Garage Owned, Attached, Garage
      • Attached garage spaces: 2
      Accessibility
      • Accessibility features: No Disability Access
      Features
      • Patio & porch: Deck, Patio
      • Exterior features: Balcony
      • Has view: Yes
      • View description: Front of Property
      • Has water view: Yes
      • Water view: Front of Property
      • Body of water: LAKE MICHIGAN
      Lot
      • Features: Common Grounds
      Details
      • Parcel number: 17221010431223
      • Special conditions: None

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium, Single Family Residence
      Materials
      • Brick
      Condition
      • New construction: No
      • Year built: 2005
      • Major remodel year: 2014

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Lake Michigan

      Community & HOA

      Community
      • Security: Fire Sprinkler System
      HOA
      • Has HOA: Yes
      • Amenities included: Bike Room/Bike Trails, Door Person, Elevator in Residence, Exercise Room, Storage, On Site Manager/Engineer, Party Room, Sundeck, Pool, Receiving Room, Security Door Lock(s), Service Elevator(s)
      • Services included: Water, Parking, Insurance, Security, Cable TV, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Internet
      • HOA fee: $3,327 monthly
      Location
      • Region: Chicago

      Financial & listing details

      • Price per square foot: $290/sqft
      • Tax assessed value: $1,691,230
      • Annual tax amount: $33,438
      • Ownership: Condo

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/14/2026Listing removed$965,000$318/sqft
        Source: MRED as distributed by MLS GRID #12679353 Report a problem
        6/23/2026Listed for sale$965,000-10.2%$318/sqft
        Source: MRED as distributed by MLS GRID #12679353 Report a problem
        6/23/2026Listing removed$1,075,000$354/sqft
        Source: MRED as distributed by MLS GRID #12472942 Report a problem
        2/11/2026Listed for sale$1,075,000$354/sqft
        Source: MRED as distributed by MLS GRID #12472942 Report a problem
        9/16/2025Listing removed$1,075,000$354/sqft
        Source: MRED as distributed by MLS GRID #12413883 Report a problem
        7/8/2025Price change$1,075,000-10.4%$354/sqft
        Source: MRED as distributed by MLS GRID #12413883 Report a problem
        5/16/2025Listed for sale$1,200,000$395/sqft
        Source: MRED as distributed by MLS GRID #12333783 Report a problem
        5/12/2025Contingent$1,200,000$395/sqft
        Source: MRED as distributed by MLS GRID #12333783 Report a problem
        4/30/2025Listed for sale$1,200,000+38.6%$395/sqft
        Source: MRED as distributed by MLS GRID #12333783 Report a problem
        4/30/2012Sold$866,000+0.1%$285/sqft
        Source: MRED as distributed by MLS GRID #07990989 Report a problem
        2/8/2012Listed for sale$864,900+1501.7%$285/sqft
        Source: @properties #07990989 Report a problem
        11/20/2010Listing removed$54,000$18/sqft
        Source: Aspire Group #07496215 Report a problem
        8/14/2010Price change$54,000-6.9%$18/sqft
        Source: Aspire Group #07496215 Report a problem
        8/6/2010Price change$58,000-84.1%$19/sqft
        Source: Aspire Group #07496215 Report a problem
        3/20/2010Listed for sale$364,900$120/sqft
        Source: Bill Wenthen #06807661 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024-- $169,123 -1.7%
        2023$35,708 +2.7%$171,999
        2022$34,782 +2.2%$171,999
        2021$34,019 +19.7%$171,999 +31.6%
        2020$28,415 -10.6%$130,656 -19.2%
        2019$31,796 +1.7%$161,689
        2018$31,260 +21.6%$161,689 +31.7%
        2017$25,707 +6.7%$122,792
        2016$24,094 -7.3%$122,792 -15%
        2015$26,000 +36.4%$144,511 +37.2%
        2014$19,068 -0.5%$105,339
        2013$19,159 +1.4%$105,339
        2012$18,903 -17%$105,339 -25%
        2011$22,769 -2.6%$140,508 -2.2%
        2010$23,382 +4.4%$143,694
        2009$22,407 +9.8%$143,694 +1%
        2008$20,404 -2.6%$142,240 -3.5%
        2007$20,940 $147,441
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: South Loop

        Getting around

        95 / 100
        Walker's Paradise
        100 / 100
        Rider's Paradise
        93 / 100
        Biker's Paradise

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: South Loop Elementary School
        • Middle: South Loop Elementary School
        • High: Phillips Academy High School
        • 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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