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Michigan Avenue Tower 1

Michigan Avenue Tower 1

Michigan Avenue Tower 1
Condominium Building
1240 S Michigan Ave
Chicago, IL 60605
The Costar Building Rating

A rating for the building relative to other buildings of the same type throughout the country. Learn more

229 Units
27 Stories
2005 Year Built
$99K - $2.0M Value Range

Available Units

For Sale
For Rent

Highlights

  • Doorman
  • Water Views
  • Fitness Center
  • Elevator
  • In Ground Pool
  • 4 min walk to Daniel Webster Park

Available Condos

Building Details

Recreation

  • In Ground Pool
  • Above Ground Pool
  • Community Pool
  • Fitness Center
  • Park
  • Bike Trail

Outdoor Features

  • Sundeck
  • Common Area

Amenities

  • Water Views
  • Doorman
  • Rooftop Deck
  • Party Room
  • Package Room
  • Bike Room
  • Community Storage Space
  • Resident Manager or Management On Site
  • Controlled Access

Parking

  • 1 - 2 Garage Spaces Per Unit
  • 1 Car Attached Garage
  • On-Site Parking

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit
  • Pet Deposit Required
  • Dogs and Cats Allowed

Condo Association

  • $875 Monthly HOA Fees
  • Monthly HOA Fees Range from $421 - $3,414
  • Association fees include heat, air conditioning, water, gas, doorman, tv/cable, exercise facilities, pool, exterior maintenance, lawn care, scavenger, snow removal
  • Angela Page Association
  • Angela Page Association, Phone Number (312) 554-1250
  • Michigan Avenue Towers Subdivision
  • Property managed by First Service

Building Design

  • Elevator
  • Fire Sprinkler System
  • High-Rise Condominium
  • Lobby

Unit Features

  • Open Floorplan
  • Laundry Room
  • Washer and Dryer Hookup
  • Balcony

Unit Information

Beds
1 Bed
1 Bed
2 Beds
2 Beds
2 Beds
1 Bed
4 Beds
4 Beds
--
Baths
1 Bath
1 Bath
2 Baths
2 Baths
2 Baths
1 Bath
3.5 Baths
3.5 Baths
--
Sq Ft
844
--
1,257
1,298
1,200
800
3,035
3,000
--
Price
$299,000
$300,000
$419,500
$400,000
$399,999
$299,000
$1,200,000
$899,000
$30,000
Price / Sq Ft
$354 / Sq Ft
--
$334 / Sq Ft
$308 / Sq Ft
$333 / Sq Ft
$374 / Sq Ft
$395 / Sq Ft
$300 / Sq Ft
--
List Date
05/16/2025
04/30/2025
07/31/2024
05/20/2025
05/13/2025
03/06/2025
04/30/2025
07/19/2024
04/14/2025

Unit Size and Value Ranges

Studio Units
Sq Ft Range
None Available
Est. Values
$99,070 - $2,013,344
1 Bedroom Units
Sq Ft Range
800 - 900
Est. Values
$277,350 - $380,209
2 Bedroom Units
Sq Ft Range
1,084 - 1,300
Est. Values
$354,000 - $542,524
3 Bedroom Units
Sq Ft Range
1,715 - 2,200
Est. Values
$429,979 - $832,840
4 Bedroom Units
Sq Ft Range
3,000 - 3,035
Est. Values
$1,039,010 - $1,292,122
All Units
Sq Ft Range
800 - 3,035
Est. Values
$99,070 - $2,013,344

Map

Area Factors

Moderate Crime

Crime Score®

6 / 10

Biker's Paradise

Bike Score®

93 / 100

Walker's Paradise

Walk Score®

95 / 100

Rider's Paradise

Transit Score®

100 / 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.

Environmental Factors

Active

Sound Score®

69 / 100

--

Air Pollution®

N/A / 10

--

Flood Factor®

N/A / 10

--

Fire Factor®

N/A / 10

--

Heat Factor®

N/A / 10

--

Wind Factor®

N/A / 10
Source: First Street, How Loud
Sources: First Street, How Loud

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

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.

Agents Active in this Building

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Property Taxes

Range in Assessed Values
$3.3K - $169K
Range of Taxes in Building
$119 - $35,488
Range of Taxes per Sq Ft
$0.40 - $11.59

Property Tax History

Source: Public Records

Similar Condominium Buildings

Building Team

Developer
Russland Capital Group, Inc.
Architect
Pappageorge Haymes Partners
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.