Michigan Avenue Tower 1 1250 S Michigan Ave Unit 1400 Floor 14 Chicago, IL 60605
South Loop NeighborhoodEstimated payment $2,727/month
Highlights
- Doorman
- 3-minute walk to Roosevelt Station (Green, Orange Lines)
- Community Pool
- Fitness Center
- Wood Flooring
- 4-minute walk to Daniel Webster Park
About This Home
Welcome to Unit 1400 at Michigan Avenue Tower I, a spacious and light-filled one-bedroom condo in the heart of the South Loop. Enjoy two private balconies-one off the living room and one off the bedroom-with sweeping views of Michigan Avenue, Grant Park, and Lake Michigan. The open layout features hardwood floors, floor-to-ceiling windows, and a kitchen with granite countertops, stainless steel appliances, and a breakfast bar perfect for casual dining or entertaining. The bedroom offers generous space, a walk-in closet, and direct access to a private balcony. Washer and dryer in unit. Building amenities include 24-hour door staff, rooftop pool, fitness center, dog run, landscaped rooftop terrace, party room, and recently updated common areas. Heated garage parking available for an additional cost. Assessments include heat, A/C, gas, cable, internet, storage, and full access to amenities. Close to Grant Park, Museum Campus, Trader Joe's, CTA, and everything South Loop has to offer!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $7,197
Year Built
- Built in 2005
HOA Fees
- $681 Monthly HOA Fees
Parking
- 1 Car Garage
Home Design
- Entry on the 14th floor
- Concrete Block And Stucco Construction
Interior Spaces
- Family Room
- Combination Dining and Living Room
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Potential Bedroom
- 1 Full Bathroom
Laundry
- Laundry Room
- Dryer
- Washer
Schools
- South Loop Elementary School
- Jones College Prep High School
Utilities
- Central Air
- Heating System Uses Natural Gas
- Lake Michigan Water
Additional Features
- Balcony
- Additional Parcels
Community Details
Overview
- Association fees include heat, air conditioning, water, gas, insurance, security, doorman, tv/cable, exercise facilities, pool, exterior maintenance, lawn care, scavenger, snow removal, internet
- 230 Units
- Angela Paige Association, Phone Number (312) 554-1250
- High-Rise Condominium
- Property managed by First Service Residential
- 29-Story Property
Amenities
- Doorman
- Sundeck
- Common Area
- Party Room
- Elevator
- Package Room
- Community Storage Space
Recreation
- Fitness Center
- Community Pool
- Bike Trail
Pet Policy
- Pet Size Limit
- Dogs and Cats Allowed
Security
- Resident Manager or Management On Site
Map
About Michigan Avenue Tower 1
Home Values in the Area
Average Home Value in this Area
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 | $6,139 | $28,827 | $1,871 | $26,956 |
| 2023 | $5,983 | $29,000 | $1,505 | $27,495 |
| 2022 | $5,983 | $29,000 | $1,505 | $27,495 |
| 2021 | $5,849 | $28,999 | $1,505 | $27,494 |
| 2020 | $4,961 | $22,269 | $1,236 | $21,033 |
| 2019 | $5,606 | $27,905 | $1,236 | $26,669 |
| 2018 | $5,512 | $27,905 | $1,236 | $26,669 |
| 2017 | $4,505 | $20,929 | $1,021 | $19,908 |
| 2016 | $3,692 | $20,929 | $1,021 | $19,908 |
| 2015 | $4,033 | $24,631 | $1,021 | $23,610 |
| 2014 | $2,855 | $17,954 | $913 | $17,041 |
| 2013 | $2,787 | $17,954 | $913 | $17,041 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/03/2025 11/03/25 | For Sale | $275,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $174,500 | Chicago Title | |
| Quit Claim Deed | -- | Fidelity Natl Title Ins Co | |
| Legal Action Court Order | $148,500 | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Special Warranty Deed | $303,500 | Git |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $272,902 | Fannie Mae Freddie Mac |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12510164
APN: 17-22-101-043-1097
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