$299,900

Michigan Avenue Tower 1 1250 S Michigan Ave Unit 703 Chicago, IL 60605

South Loop Neighborhood

Estimated payment $2,604/month

Total Views 2,479
1 Bed
1 Bath
853 Sq Ft
$352 Price per Sq Ft

Highlights

  • Doorman
  • 3-minute walk to Roosevelt Station (Green, Orange Lines)
  • Wood Flooring
  • Fitness Center
  • Lock-and-Leave Community
  • 4-minute walk to Daniel Webster Park

About This Home

Stunning Northeast Lake Michigan Views of Chicago's Iconic Landmarks! Enjoy breathtaking views of Grant and Millennium Park, Lake Michigan, Navy Pier, the Museum Campus, and the unmatched Chicago skyline-all from your home! This exceptional unit overlooks the best pool in the city, located on the beautifully landscaped 7th floor with lush Kentucky bluegrass. Because the unit faces the pool deck, you'll never have another building obstructing your view or natural light-guaranteeing open, sunny skies year-round. The unit is renovated, Newer Samsung stainless steel appliances installed (refrigerator, stove, microwave, dishwasher). Newer central HVAC New wood laminate flooring throughout Updated bathroom with modern vanity and tile flooring Recessed LED light fixtures and fresh paint. Stylish glass tile kitchen backsplash Granite countertops with oversized breakfast bar 42" white cabinetry offering generous storage. The spacious primary bedroom includes a walk-in closet and additional storage space. In-unit laundry provides convenience, and both the living room and bedroom offer access to a private balcony-perfect for grilling or relaxing. Building Amenities & Location This full-amenity building features: 24-hour door staff and on-site management. Newly renovated hallways and common areas State-of-the-art fitness center Outdoor pool and dog run, Personal parking space included HOA Covers; Parking, cable, water, door staff, pool, fitness center, elevator, and maintenance. Located just blocks from the Roosevelt CTA station, Trader Joe's, Target, Jewel-Osco, and more-making city living convenient and walkable. Agent has ownership interest. This move-in-ready, turn-key home offers luxury, comfort, and unbeatable views. Parking space is included for additional $29,900. Your dream home is here!

Listing Agent

Carol Kim

Chicagoland Brokers Inc. License #475127498 Listed on: 06/12/2025

Chicagoland Brokers Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,292

Year Built

  • Built in 2005

HOA Fees

  • $502 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 853 Sq Ft Home
  • Central Vacuum
  • Family Room
  • Living Room
  • Dining Room
  • Wood Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Balcony
  • Additional Parcels

Community Details

Overview

  • Association fees include water, gas, parking, insurance, security, doorman, tv/cable, clubhouse, exercise facilities, pool, exterior maintenance, lawn care, scavenger, snow removal, internet
  • 229 Units
  • High-Rise Condominium
  • Lock-and-Leave Community
  • 28-Story Property

Amenities

  • Doorman
  • Sundeck
  • Party Room
  • Elevator
  • Service Elevator
  • Community Storage Space

Recreation

  • Fitness Center
  • Community Pool
  • Park
  • Bike Trail

Pet Policy

  • Dogs and Cats Allowed

Security

  • Security Service
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,292

Year Built

Built in 2005

Lot Details

0

HOA Fees

$502 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: High Rise (7+ Stories)
  • Ownership: Fee Simple
  • EntryLevel: 7
  • New Construction: No
  • Property Sub-Type: High Rise (7+ Stories)
  • Year Built: 2005
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 28

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • LivingArea: 853
  • Room Type: Balcony/Porch/Lanai
  • Stories Total: 28
  • Estimated Total Finished Sq Ft: 853
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 853
  • Total Sq Ft: 853
  • Main Level Sq Ft: 853

Exterior Features

  • Construction Materials: Glass, Concrete
  • List Price: 299900
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: On Site, Attached, Garage
  • ParkingTotal: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 502
  • Association Amenities: Bike Room/Bike Trails, Door Person, Elevator(s), Exercise Room, Storage, On Site Manager/Engineer, Park, Party Room, Sundeck, Pool, Security Door Lock(s), Service Elevator(s), Central Vacuum, Security
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: Water, Gas, Parking, Insurance, Security, Doorman, TV/Cable, Clubhouse, Exercise Facilities, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Internet

Schools

  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels Description: 17221010431262
  • Additional Parcels: Yes
  • Lot Dimensions: 999
  • Special Assessments: Y

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 5291.51
  • Tax Year: 2023

Multi Family

  • Units in Building: 229

Map

About Michigan Avenue Tower 1

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 $4,233 $20,366 $1,322 $19,044
2023 $4,126 $20,000 $1,063 $18,937
2022 $4,126 $20,000 $1,063 $18,937
2021 $4,034 $19,999 $1,063 $18,936
2020 $3,505 $15,733 $873 $14,860
2019 $3,961 $19,714 $873 $18,841
2018 $3,894 $19,714 $873 $18,841
2017 $3,183 $14,785 $721 $14,064
2016 $2,961 $14,785 $721 $14,064
2015 $3,189 $17,401 $721 $16,680
2014 $2,353 $12,684 $645 $12,039
2013 $2,307 $12,684 $645 $12,039
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2025 06/12/25 For Sale $299,900 0.0% $352 / Sq Ft
08/10/2021 08/10/21 Rented -- -- --
08/05/2021 08/05/21 For Rent $2,150 -- --
Source: Midwest Real Estate Data (MRED)

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $314,000 Git
Special Warranty Deed $214,000 Git
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $167,550 Purchase Money Mortgage
Source: Public Records

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Source: Midwest Real Estate Data (MRED)

MLS Number: 12391511

Midwest Real Estate Data (MRED)

APN: 17-22-101-043-1023

Illinois Cook County Chicago 60605 South Loop

1250 S Michigan Ave Unit 703, Chicago, IL

This home is located at 1250 S Michigan Ave Unit 703, Chicago, IL 60605 and is currently priced at $299,900, approximately $351 per square foot. This property was built in 2005. 1250 S Michigan Ave Unit 703 is a home located in Cook County with nearby schools including South Loop Elementary School, Wendell Phillips Academy High School, and Old St. Marys School.

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Nearby Homes
Listing Agent
Carol Kim
Section Image
Chicagoland Brokers Inc.
(312) 667-7894