$569,000 - $583,272
RENTED MAY 1, 2025

The Columbian 1160 S Michigan Ave Unit 2401 Chicago, IL 60605

South Loop Neighborhood
2 Beds
3 Baths
1,571 Sq Ft
$367 Price per Sq Ft

About This Home

Welcome to upscale living at 1160 S Michigan Ave in the heart of Chicago's South Loop. This beautifully updated corner residence offering 1571 sq ft home boasts an open floor plan with floor-to-ceiling windows, filling the space with natural light and offering breathtaking lake, Grant Park and skyline views. The expansive living and dining area is perfect for entertaining, with elegant finishes and hardwood floors. The open modern kitchen is equipped with SS appliances including new Bosch dishwasher, sleek countertops, and ample cabinetry, making it a chef's dream. The generously sized primary suite is a true sanctuary, featuring an extra-large walk-in closet and a spa-like ensuite bathroom with premium fixtures, a double vanity, and a glass-enclosed shower and Jetted tub. An additional powder room is ideal for guests, and an in-unit washer and dryer add to the convenience. The second bedroom offers an ensuite bath, a wall of closets and a south facing picture window. You will enjoy a generously sized balcony facing east for gazing at the boats along the lake. The home has just been refreshed with new paint throughout. Residents of 1160 S Michigan Ave enjoy an impressive suite of amenities, including 24-hour door staff, a top floor fitness center, resident lounge business center, and on-site management. Situated in the South Loop, you'll have Grant Park, the Museum Campus, premier dining, shopping, and cultural attractions right at your doorstep. Embrace a lifestyle of luxury and convenience in one of Chicago's most dynamic neighborhoods. Deeded Garage Parking Included

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 15, 2011
Sold by
Gfh/The Columbian Owner Llc
Bought by
Young Ray
Current Estimated Value
$577,318

Purchase Details

Closed on
Feb 3, 2010
Sold by
The Columbian Llc
Bought by
Gf Ii/The Columbian Owner Llc
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Young Ray $560,000 Near North National Title
Gf Ii/The Columbian Owner Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Young Raymond $392,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2025 05/01/25 Rented $3,900 -1.3% --
04/24/2025 04/24/25 Under Contract -- -- --
03/27/2025 03/27/25 For Rent $3,950 +73.6% --
02/03/2025 02/03/25 For Rent $2,275 0.0% --
01/02/2025 01/02/25 Price Changed $2,275 +39.8% $6 / Sq Ft
01/01/2025 01/01/25 For Rent $1,627 -55.4% --
07/06/2022 07/06/22 Rented $3,650 +7.4% --
06/27/2022 06/27/22 Price Changed $3,400 -9.3% $2 / Sq Ft
06/15/2022 06/15/22 For Rent $3,750 -- --

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $12,890 $59,696 $1,634 $58,062
2023 $12,566 $61,095 $1,315 $59,780
2022 $12,566 $61,095 $1,315 $59,780
2021 $12,285 $61,094 $1,315 $59,779
2020 $12,174 $54,650 $1,193 $53,457
2019 $11,959 $59,524 $1,193 $58,331
2018 $11,758 $59,524 $1,193 $58,331
2017 $11,061 $51,380 $987 $50,393
2016 $10,291 $51,380 $987 $50,393
2015 $9,415 $51,380 $987 $50,393
2014 $8,484 $45,724 $909 $44,815
2013 $8,316 $45,724 $909 $44,815
Source: Public Records

Agents Affiliated with this Home

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