A rating for the building relative to other buildings of the same type throughout the country.Learn more
52Units
4Stories
1902Year Built
$196K - $500KValue Range
Available Units
For Sale
No Units Available
For Rent
No Units Available
Highlights
Rooftop Deck
Gated Community
Elevator
Laundry Room
Public Transportation
3 min walk to Fred Anderson Park
Historic charm meets modern living in the South Loop
1525 S Michigan Avenue, a historic gem in Chicago's vibrant South Loop, offers a unique blend of old-world character and contemporary comfort. Originally constructed in 1902, this four-story building has been thoughtfully converted into 52 condominium units, preserving its architectural heritage while providing modern amenities. The structure, with its mix of brick and stone facade, large windows, and flat roof, stands as a testament to the area's industrial past. Today, it serves as a residential haven in the heart of a neighborhood that has transformed from a warehouse district into a thriving urban community. The building's location on Michigan Avenue places residents at the epicenter of Chicago's cultural and recreational offerings, with easy access to parks, museums, and the lakefront.
Spacious lofts with soaring ceilings and exposed architectural elements
The condominiums at 1525 S Michigan Avenue range from cozy one-bedroom units to expansive two-bedroom layouts, catering to various lifestyle needs. One-bedroom units span from 780 to 1,000 square feet, featuring one bathroom, with sale prices ranging from $298,000 to $315,000. The two-bedroom units offer more generous spaces, ranging from 970 to 1,450 square feet, with one to two bathrooms, and are priced around $400,000.
These loft-style homes showcase the building's industrial heritage with dramatic 10 to 20-foot timber ceilings, exposed brick walls, and hardwood floors throughout. Many units boast floor-to-ceiling windows that flood the spaces with natural light and offer stunning city views. The open-concept layouts are ideal for modern living and entertaining, with some units featuring gas fireplaces for added warmth and ambiance.
Kitchens in these homes are designed for both functionality and style, with many featuring granite countertops, stainless steel appliances, and custom cabinetry. Some units have been updated with high-end finishes such as European walnut cabinets and White Maldive quartzite countertops. Bathrooms often include luxurious touches like soaking tubs, modern vanities, and exquisite tile work.
Many units come with private outdoor spaces, such as balconies or terraces, perfect for enjoying morning coffee or evening relaxation with city views. In-unit laundry facilities are standard, adding convenience to daily life. Some units also feature custom closet systems and built-ins, maximizing storage and organization in these thoughtfully designed spaces.
Rooftop relaxation and secure living in a historic setting
1525 S Michigan Avenue offers a blend of practical amenities and community spaces that enhance the living experience for its residents. The crown jewel of the building's shared spaces is the rooftop deck, which provides breathtaking panoramic views of the Chicago skyline and Lake Michigan. This communal area serves as an ideal spot for residents to unwind, socialize, or enjoy outdoor gatherings against the backdrop of the city.
Security is a priority at 1525 S Michigan, with features including a gated and secure entry system, ensuring peace of mind for residents. The building is equipped with an elevator, making all floors easily accessible. Professional management oversees the day-to-day operations, maintaining the property and addressing resident needs promptly.
For those with storage needs beyond their units, the building offers extra storage spaces, allowing residents to keep their homes clutter-free without sacrificing their belongings. The pet-friendly policy of the building is a draw for animal lovers, making it possible for residents to share their homes with furry companions.
While parking is not mentioned as an included amenity, the building's location in the South Loop provides various transportation options, reducing the need for personal vehicles. The combination of these amenities creates a comfortable and convenient living environment that respects the building's historic character while meeting the needs of modern urban dwellers.
A cultural hub with parks, museums, and urban conveniences
The South Loop, once a bustling warehouse district, has evolved into a dynamic residential area that seamlessly blends Chicago's rich history with contemporary urban living. 1525 S Michigan Avenue sits at the heart of this transformation, offering residents easy access to a wealth of cultural, recreational, and practical amenities.
Grant Park, often referred to as "Chicago's front yard," is just a short walk away. This expansive green space is a significant feature of the neighborhood, providing a natural retreat in the urban landscape.
The building's proximity to the Museum Campus is a significant draw for culture enthusiasts. Within walking distance, residents can explore world-class institutions such as the Field Museum, Shedd Aquarium, and Adler Planetarium. Soldier Field, home to the Chicago Bears, is also nearby, offering easy access to NFL games and other major events.
For everyday needs, the neighborhood is well-served by a variety of shopping options. Mariano's, Jewel-Osco, and Trader Joe's are all within walking distance, providing convenient grocery shopping. The Roosevelt Collection Shops, a modern open-air mall, is less than a mile away, featuring popular retailers, a movie theater, and a variety of dining options.
The South Loop offers a variety of dining establishments to suit different tastes. Cafecito, a local favorite, offers Cuban-inspired sandwiches and coffee just a short walk from the building.
The neighborhood also boasts several parks and green spaces beyond Grant Park. Cotton Tail Park, with its playground and walking trail, and Fred Anderson Park, which includes a dog park, are both within easy walking distance, providing nearby options for recreation and relaxation.
Well-connected urban living with multiple transit options
1525 S Michigan Avenue benefits from its prime location in the South Loop, offering residents a variety of transportation options that make navigating the city effortless. The area's excellent transit infrastructure caters to different preferences, whether one chooses to walk, bike, or use public transportation.
For those who rely on public transit, the building's location is ideal. Multiple bus stops are within a minute's walk, with the Michigan & 16th Street stop serving several lines including the Bronzeville/Union Station, Cottage Grove, and King Drive routes. This provides easy access to various parts of the city for daily commutes or leisure trips.
Rail commuters have several options within walking distance. The Roosevelt Station, serving the Green and Orange Lines, is about a 10-minute walk away, while the Red Line stop at the same station is roughly 15 minutes on foot. For those traveling to the suburbs or northwest Indiana, the 18th Street Metra Station and the Museum Campus/11th St South Shore Line station are both within a 15-minute walk.
Cyclists will find the South Loop particularly accommodating, with numerous bike lanes and the proximity to the Lakefront Trail making it easy to navigate the city on two wheels. The area's high bike score indicates its suitability for cycling.
For those who prefer to walk, the neighborhood's layout and abundance of sidewalks make it easy to run errands or explore on foot. Many daily necessities, entertainment options, and cultural attractions are within comfortable walking distance.
When air travel is necessary, both of Chicago's major airports are accessible. Chicago Midway International Airport is about a 15-minute drive, while O'Hare International Airport can be reached in approximately 30 minutes by car, traffic permitting.
This wealth of transportation options ensures that residents of 1525 S Michigan Avenue can easily navigate the city and beyond, whether for work, leisure, or exploration, making it an ideal home base for those who value connectivity and urban accessibility.
Was this overview helpful?
Building Details
Recreation
Trails
Outdoor Features
Sundeck
Amenities
Rooftop Deck
Public Transportation
Community Storage Space
Gated Community
Parking
1 Parking Space
Pet Policy
Limit on the number of pets
Dogs and Cats Allowed
Condo Association
$472 Monthly HOA Fees
Monthly HOA Fees Range from $434 - $472
Association fees include water, parking, insurance, exterior maintenance, lawn care, scavenger, snow removal, internet
Collateral AnalyticsCollateral Analytics
Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.
Black Knight®Black Knight
Black Knight’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.
First AmericanFirst American
First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.
Quantarium
Current List Price
Sold Price
Area Factors
Moderate Crime
Crime Score®
5/ 10
Biker's Paradise
Bike Score®
92/ 100
Walker's Paradise
Walk Score®
93/ 100
Excellent Transit
Transit Score®
83/ 100
Sources: WhatIsMyCrimeRisk.com, Walk Score
Sources: WhatIsMyCrimeRisk.com, Walk Score
WhatIsMyCrimeRisk.com, Powered by CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks. Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
Sound Score® measures the noise level of any address. Environmental risk data is provided by First Street Foundation® and is designed to approximate risk and not intended to include all possible scenarios.
Parks in this Area
Fred Anderson Park
3 min walk
Dog Park
Mark Twain Park
5 min walk
Trails
Playground
Multi-Purpose Field
Coliseum Park
5 min walk
Dog Park
Playground
Daniel Webster Park
6 min walk
Trails
Multi-Purpose Field
Chicago Women's Park and Gardens
6 min walk
Playground
Botanical Gardens
Margaret Hie Ding Lin Park
7 min walk
Basketball
The Battle of Fort Dearborn Park
8 min walk
Cotton Tail Park
8 min walk
Picnic Area
Playground
Multi-Purpose Field
Mary Richardson Jones Park
13 min walk
Playground
Multi-Purpose Field
Schools
Source:
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Disclaimer: Please note that this building may not be in these schools' attendance zones.
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed and should be independently verified.
