Michigan Avenue Tower 1 1250 S Michigan Ave Unit 1506 Chicago, IL 60605
South Loop NeighborhoodEstimated payment $2,725/month
Total Views
2,550
1
Bed
1
Bath
864
Sq Ft
$353
Price per Sq Ft
Highlights
- Wood Flooring
- 3-minute walk to Roosevelt Station (Green, Orange Lines)
- Walk-In Closet
- Den
- Balcony
- 4-minute walk to Daniel Webster Park
About This Home
Welcome to your urban oasis in the heart of downtown Chicago! Nestled in the vibrant South Loop, this 1BR + den offers bright, scenic views and a private balcony for those relaxing moments. Freshly painted interiors, floor to ceiling windows and hardwood floors create a modern feel, complemented by the convenience of an in-unit washer/dryer and gas fireplace. Enjoy entertaining in your freshly painted kitchen - open to the living/dining rooms. The bedroom and walk-in closet has new fresh carpet, with secondary access to the balcony. The den is perfect for your home office! The heated and attached garage parking is available for an additional 25K. Exceptional building amenities: outdoor pool with lounge area, renovated community room, fitness room, and dog run. Location? Just steps from the Museum Campus, Lake Shore Drive, Columbia College, and DePaul University. Appreciate the seamless travel options for an easy commute.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $5,715
Year Built
- Built in 2004
HOA Fees
- $559 Monthly HOA Fees
Parking
- 1 Car Garage
Home Design
- Brick Exterior Construction
Interior Spaces
- 864 Sq Ft Home
- Gas Log Fireplace
- Entrance Foyer
- Family Room
- Living Room with Fireplace
- Combination Dining and Living Room
- Den
- Storage
- Wood Flooring
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Potential Bedroom
- Walk-In Closet
- 1 Full Bathroom
Laundry
- Laundry Room
- Gas Dryer Hookup
Outdoor Features
- Balcony
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Lake Michigan Water
Community Details
Overview
- Association fees include heat, air conditioning, water, gas, parking, insurance, doorman, tv/cable, exercise facilities, pool, exterior maintenance, scavenger, snow removal, internet
- 229 Units
- Angie Page Association, Phone Number (312) 554-1250
- High-Rise Condominium
- Property managed by FirstService Residential
- 29-Story Property
Pet Policy
- Dogs and Cats Allowed
Security
- Resident Manager or Management On Site
Map
About Michigan Avenue Tower 1
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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 | $5,715 | $26,564 | $1,724 | $24,840 |
| 2023 | $5,570 | $27,000 | $1,387 | $25,613 |
| 2022 | $5,570 | $27,000 | $1,387 | $25,613 |
| 2021 | $5,445 | $26,998 | $1,386 | $25,612 |
| 2020 | $4,571 | $20,521 | $1,139 | $19,382 |
| 2019 | $5,166 | $25,714 | $1,139 | $24,575 |
| 2018 | $5,079 | $25,714 | $1,139 | $24,575 |
| 2017 | $4,152 | $19,286 | $941 | $18,345 |
| 2016 | $3,863 | $19,286 | $941 | $18,345 |
| 2015 | $4,159 | $22,698 | $941 | $21,757 |
| 2014 | $3,070 | $16,545 | $842 | $15,703 |
| 2013 | $2,531 | $16,545 | $842 | $15,703 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/03/2025 06/03/25 | For Sale | $305,000 | 0.0% | $353 / Sq Ft |
| 12/10/2015 12/10/15 | Rented | $1,875 | 0.0% | -- |
| 12/09/2015 12/09/15 | Under Contract | -- | -- | -- |
| 11/27/2015 11/27/15 | For Rent | $1,875 | 0.0% | -- |
| 09/16/2013 09/16/13 | Sold | $265,000 | +6.1% | -- |
| 07/21/2013 07/21/13 | Pending | -- | -- | -- |
| 07/09/2013 07/09/13 | Price Changed | $249,750 | -0.1% | -- |
| 06/28/2013 06/28/13 | For Sale | $249,900 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $265,000 | Premier Title | |
| Deed | -- | None Available | |
| Special Warranty Deed | $254,500 | Git |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $213,500 | Fannie Mae Freddie Mac | |
| Previous Owner | $30,500 | Stand Alone Second | |
| Previous Owner | $228,698 | Unknown |
Source: Public Records
Similar Homes in Chicago, IL
Source: Midwest Real Estate Data (MRED)
MLS Number: 12362286
APN: 17-22-101-043-1114
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