Michigan Avenue Tower 1 1250 S Michigan Ave Unit 2900 Chicago, IL 60605
South Loop NeighborhoodEstimated payment $11,134/month
Total Views
15,260
4
Beds
3.5
Baths
3,000
Sq Ft
$300
Price per Sq Ft
Highlights
- Doorman
- 3-minute walk to Roosevelt Station (Green, Orange Lines)
- End Unit
- Fitness Center
- Wood Flooring
- 4-minute walk to Daniel Webster Park
About This Home
Amazing opportunity to own a rarely available penthouse in the heart of South Loop! This 4 bed, 3.1 bath home is perfect for entertaining with over 700sf of private outdoor space with sweeping City and Lake views. Fully equipped chef's kitchen with stainless steel appliances and eating area. Gracious living and dining room with fireplace. Living room also equipped as home theatre with projector. Large primary suite with sitting area, spa-like bath with separate shower and soaking tub, and large walk-in closets. Amenities include 24hr door staff, fitness center, pool, sun deck, dog run, and party room. High-speed fiber internet included. Parking for additional $75,000. Too many details to list - this home is a must see!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $35,708
Year Built
- Built in 2005
Lot Details
- End Unit
HOA Fees
- $3,178 Monthly HOA Fees
Parking
- 2 Car Garage
Home Design
- Brick Exterior Construction
- Rubber Roof
- Concrete Perimeter Foundation
Interior Spaces
- 3,000 Sq Ft Home
- Built-In Features
- Fireplace With Gas Starter
- Entrance Foyer
- Family Room
- Living Room with Fireplace
- Sitting Room
- Combination Dining and Living Room
- Breakfast Bar
- Laundry Room
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
- Walk-In Closet
- Soaking Tub
- Separate Shower
Accessible Home Design
- Wheelchair Access
- Accessibility Features
Outdoor Features
- Balcony
- Terrace
Schools
- South Loop Elementary School
- Phillips Academy High School
Utilities
- Forced Air Zoned Cooling and Heating System
- Cable TV Available
Listing and Financial Details
- Homeowner Tax Exemptions
Community Details
Overview
- Association fees include heat, water, gas, insurance, doorman, tv/cable, exercise facilities, pool, exterior maintenance, lawn care, scavenger, snow removal
- 226 Units
- Angie Page 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
- Service Elevator
- Package Room
- Elevator
Recreation
- Fitness Center
- Community Pool
- Bike Trail
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 | $35,708 | $169,123 | $10,975 | $158,148 |
| 2023 | $34,782 | $172,001 | $8,831 | $163,170 |
| 2022 | $34,782 | $172,001 | $8,831 | $163,170 |
| 2021 | $34,019 | $171,999 | $8,830 | $163,169 |
| 2020 | $28,415 | $130,656 | $7,253 | $123,403 |
| 2019 | $32,202 | $163,710 | $7,253 | $156,457 |
| 2018 | $31,660 | $163,710 | $7,253 | $156,457 |
| 2017 | $25,707 | $122,792 | $5,992 | $116,800 |
| 2016 | $24,094 | $122,792 | $5,992 | $116,800 |
| 2015 | $26,000 | $144,511 | $5,992 | $138,519 |
| 2014 | $19,068 | $105,339 | $5,361 | $99,978 |
| 2013 | $18,680 | $105,339 | $5,361 | $99,978 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/28/2025 04/28/25 | For Sale | $899,000 | 0.0% | $300 / Sq Ft |
| 04/25/2025 04/25/25 | Off Market | $899,000 | -- | -- |
| 01/20/2025 01/20/25 | For Rent | $8,500 | 0.0% | -- |
| 10/08/2024 10/08/24 | For Rent | $8,500 | 0.0% | -- |
| 07/19/2024 07/19/24 | For Sale | $899,000 | 0.0% | $300 / Sq Ft |
| 05/01/2023 05/01/23 | Rented | $9,500 | 0.0% | -- |
| 04/20/2023 04/20/23 | Under Contract | -- | -- | -- |
| 02/15/2023 02/15/23 | For Rent | $9,500 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Special Warranty Deed | $712,500 | Attorneys Title Guaranty Fun | |
| Deed In Lieu Of Foreclosure | -- | None Available | |
| Special Warranty Deed | $1,200,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $960,000 | New Conventional | |
| Closed | $650,000 | New Conventional | |
| Closed | $200,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $994,000 | Unknown | |
| Previous Owner | $995,000 | Unknown | |
| Previous Owner | $960,000 | Unknown | |
| Previous Owner | $960,000 | Balloon |
Source: Public Records
Similar Homes in Chicago, IL
Source: Midwest Real Estate Data (MRED)
MLS Number: 12115833
APN: 17-22-101-043-1518
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