NOT LISTED FOR SALE

Michigan Avenue Tower 1 1250 S Michigan Ave Unit 1308 Chicago, IL 60605

South Loop Neighborhood

Estimated Value: $272,000 - $310,000

1 Bed
1 Bath
850 Sq Ft
0.84 Acre Lot

Sale Details

Date Sold: November 8, 2024

Last sale price $300,000 $353 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $2,449 / mo

20 Days on Market

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

As of November 2024

Welcome to this over-sized (850 SQ FT) 1-bedroom, 1-bath condo in a highly sought-after full-amenity building in the heart of South Loop! Situated on a higher floor, this impeccable unit features floor-to-ceiling windows, flooding the space with natural light from its bright southern exposure and offering great city views. The open-concept kitchen is a chef's delight, showcasing 42" maple cabinetry, granite countertops, island, and newer appliances, including a gas stove. The living area boasts hardwood floors, a cozy gas fireplace, and ample space for a dining area. Retreat to the spacious king-sized bedroom with new carpeting, generous closet space, including a large walk-in closet. Other updates include newer central heating and cooling, as well as newer, front loading washer and dryer. Step outside to the south-facing balcony, accessible from both the living room and bedroom, perfect for relaxing and taking in the views. This full-amenity building has everything you need: a recently remodeled fitness center, yoga room, community room, outdoor pool, sundeck, dog run, and 24-hour door staff. Ideally located within walking distance to the Loop, lakefront, parks, nightlife, retail, and more. Deeded heated garage parking is available for an additional $30,000. Pet-friendly!

Last Agent to Sell the Property

Amanda McMillan

@properties Christie's International Real Estate License #475132877 Listed on: 09/18/2024

@properties Christie's International Real Estate

Last Buyer's Agent

Patrick Shino

Fulton Grace Realty License #475173831

Fulton Grace Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,821

Year Built

  • Built in 2005

Lot Details

  • 0.84

HOA Fees

  • $421 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Heated Garage
  • Parking Included in Price
  • Deeded Parking Sold Separately

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 850 Sq Ft Home
  • Ceiling Fan
  • Gas Log Fireplace
  • Entrance Foyer
  • Family Room
  • Living Room with Fireplace
  • 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

Home Security

Schools

  • South Loop Elementary School
  • Phillips Academy High School

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 heat, water, gas, insurance, doorman, exercise facilities, pool, exterior maintenance, lawn care, snow removal, internet
  • 229 Units
  • Angie Page Association, Phone Number (312) 554-1250
  • Property managed by First Service Residential
  • 29-Story Property

Amenities

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

Recreation

Pet Policy

  • Pets up to 100 lbs
  • Pet Size Limit
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,821

Year Built

Built in 2005

Lot Details

0.84 Acres

HOA Fees

$421 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 2005
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 13
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 29

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Interior Amenities: Elevator, Hardwood Floors, Laundry Hook-Up in Unit
  • LivingArea: 850
  • Other Equipment: Fire Sprinklers, Ceiling Fan(s)
  • Room Type: Balcony/Porch/Lanai, Foyer
  • Stories Total: 29
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Flooring: Carpet
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Balcony
  • Waterfront: No
  • Exterior Building Type: Concrete

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Garage Details: Heated
  • Garage On-Site: Yes
  • Garage Ownership: Deeded Sold Separately
  • Garage Type: Attached
  • Parking: Garage

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, Size Limit
  • Association Fee: 421
  • Association Amenities: Door Person, Elevator(s), Exercise Room, Storage, On Site Manager/Engineer, Party Room, Sundeck, Pool
  • Association Fee Frequency: Monthly
  • Management: Manager On-site,Monday through Friday
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: First Service Residential
  • Management Contact Name: Angie Page
  • Management Phone: 312-554-1250
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Water, Gas, Insurance, Doorman, Exercise Facilities, Pool, Exterior Maintenance, Lawn Care, Snow Removal, Internet

Schools

  • Elementary School: South Loop Elementary School
  • High School: Phillips Academy High School
  • Middle/Junior School: South Loop Elementary School

Lot Info

  • Additional Parcels: Yes
  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 100

Tax Info

  • Tax Annual Amount: 5820.87
  • Tax Year: 2023
  • Tax Exemptions: None

Multi Family

  • Units in Building: 229

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2024
Closed on
Nov 1, 2024
Sold by
Bought by
Seller's Agent
Amanda McMillan
@properties Christie's International Real Estate
Buyer's Agent
Patrick Shino
Fulton Grace Realty
List Price
$275,000
Sold Price
$300,000
Premium/Discount to List
$25,000
9.09%
Views
35
Current Estimated Value
$295,481

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,519
Avg. Annual Appreciation
-0.87%
Original Mortgage
$240,000
Interest Rate
0.0645%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 13, 2016
Closed on
Aug 15, 2016
Sold by
Bought by
Seller's Agent
Harry Maisel
@properties Christie's International Real Estate
Buyer's Agent
Steven Song
Weichert,Realtors-FirstChicago
List Price
$265,900
Sold Price
$262,700
Premium/Discount to List
-$3,200
-1.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.62%
Original Mortgage
$210,160
Interest Rate
0.0275%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 1, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,700
Interest Rate
0.0571%
Mortgage Type
Unknown
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$300,000 Chicago Title
$263,000 Chicago Title
-- Git
$257,000 Git
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $240,000
Previous Owner $210,160
Previous Owner $174,675
Previous Owner $192,700
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/08/2024 11/08/24 Sold $300,000 +9.1% $353 / Sq Ft
10/07/2024 10/07/24 Pending -- -- --
09/16/2024 09/16/24 For Sale $275,000 +4.7% $324 / Sq Ft
08/15/2016 08/15/16 Sold $262,700 -1.2% $305 / Sq Ft View Prior Sale
06/23/2016 06/23/16 Pending -- -- --
06/13/2016 06/13/16 For Sale $265,900 -- $309 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $4,869 $22,629 $1,469 $21,160
2024 $4,869 $22,629 $1,469 $21,160
2023 $4,745 $23,001 $1,182 $21,819
2022 $4,745 $23,001 $1,182 $21,819
2021 $4,639 $22,999 $1,181 $21,818
2020 $3,894 $17,481 $970 $16,511
2019 $4,401 $21,904 $970 $20,934
2018 $4,327 $21,904 $970 $20,934
2017 $3,536 $16,428 $801 $15,627
2016 $3,290 $16,428 $801 $15,627
2015 $3,543 $19,334 $801 $18,533
2014 $2,615 $14,094 $717 $13,377
2013 $2,563 $14,094 $717 $13,377
Source: Public Records

Agents Affiliated with this Home

  • Amanda McMillan

    Seller's Agent in 2024

    Amanda McMillan

    @ Properties

    (773) 391-5050

    1 in this area

    349 Total Sales

    Amanda McMillan
    Section Image
  • Patrick Shino

    Buyer's Agent in 2024

    Patrick Shino

    Fulton Grace

    (847) 668-4712

    5 in this area

    351 Total Sales

    Patrick Shino
    Section Image
  • Harry Maisel

    Seller's Agent in 2016

    Harry Maisel

    @properties Christie's International Real Estate

    (773) 502-7622

    1 in this area

    103 Total Sales

    Harry Maisel
    Section Image

  • S

    Buyer's Agent in 2016

    Steven Song

    Weichert,Realtors-FirstChicago

    Section Image
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About Michigan Avenue Tower 1

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12087852

Midwest Real Estate Data (MRED)

APN: 17-22-101-043-1094

Illinois Cook County Chicago 60605 South Loop

1250 S Michigan Ave Unit 1308, Chicago, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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