Michigan Avenue Tower 1 1250 S Michigan Ave Unit 1502 Chicago, IL 60605
South Loop Neighborhood
2
Beds
2
Baths
1,298
Sq Ft
$875/mo
HOA Fee
Highlights
- Doorman
- 3-minute walk to Roosevelt Station (Green, Orange Lines)
- Wood Flooring
- Water Views
- Fitness Center
- 4-minute walk to Daniel Webster Park
About This Home
As of July 2025Michigan Avenue Tower - Stunning 2 Bed / 2 Bath Corner Unit Bright and beautifully updated southeast corner unit flooded with natural light! This spacious home features fresh paint, brand-new appliances, hardwood floors, 42" cabinets, granite countertops, and in-unit washer/dryer. Floor-to-ceiling windows showcase spectacular city and lake views. Enjoy luxury living with full-service amenities including a 24-hour doorman, fitness center, dog run, outdoor pool, and expansive sun deck. Unbeatable location-just a short stroll to the lakefront, parks, museums, shopping, and public transit. Indoor heated parking available for $30,000. Building Reserves:$2,380,480.80. No rental cap. Owners must reside in the unit for min. 2 yrs prior to leasing. No short-term or Airbnb rentals. Lease term minimum 6 months.
Last Agent to Sell the Property
Coldwell Banker Realty License #475189928 Listed on: 05/20/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $8,996
Year Built
- Built in 2004 | Remodeled in 2025
Lot Details
- Additional Parcels
HOA Fees
- $875 Monthly HOA Fees
Parking
- 1 Car Garage
- Circular Driveway
- Parking Included in Price
Home Design
- Stone Siding
- Concrete Block And Stucco Construction
Interior Spaces
- 1,298 Sq Ft Home
- 1-Story Property
- Family Room
- Living Room
- Dining Room
- Wood Flooring
- Water Views
Kitchen
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- 2 Full Bathrooms
- Dual Sinks
- Soaking Tub
- Separate Shower
Laundry
- Laundry Room
- Dryer
- Washer
Accessible Home Design
- Wheelchair Access
- Accessibility Features
Utilities
- Central Air
- Heating System Uses Natural Gas
- Lake Michigan Water
Community Details
Overview
- Association fees include heat, air conditioning, water, gas, doorman, tv/cable, exercise facilities, pool, exterior maintenance, lawn care, scavenger, snow removal
- 228 Units
- Angela Page Association
- Property managed by First Service
Amenities
- Doorman
- Sundeck
- Elevator
Recreation
- Fitness Center
- Community Pool
- Bike Trail
Pet Policy
- Dogs and Cats Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 20, 2025
Closed on
Jul 7, 2025
Sold by
Zou Suyao and Zhou Gang
Bought by
Uberoi Vaidehi
Seller's Agent
Alex Young
Coldwell Banker Realty
Buyer's Agent
Alexandre Stoykov
Compass
List Price
$400,000
Sold Price
$425,000
Premium/Discount to List
$25,000
6.25%
Views
54
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-49.67%
Purchase Details
Listed on
Jul 28, 2014
Closed on
Aug 18, 2014
Sold by
Yi Xiang Yurning and Yi Xue
Bought by
Zou Suyao
Seller's Agent
Landon Harper
@properties Christie's International Real Estate
Buyer's Agent
Daniel Merrion
Coldwell Banker Realty
List Price
$380,000
Sold Price
$415,000
Premium/Discount to List
$35,000
9.21%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.22%
Purchase Details
Closed on
Jun 7, 2010
Sold by
Patrian Frank and Patrian Fotina
Bought by
Yi Xiang Yuming and Yi Xue
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
3.87%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 28, 2008
Sold by
Patrian Frank and Patrian Fotina
Bought by
Patrian Frank and Patrian Fotina
Purchase Details
Closed on
May 12, 2005
Sold by
1250 S Michigan Lp
Bought by
Patrian Frank
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,840
Interest Rate
5.5%
Mortgage Type
Fannie Mae Freddie Mac
Similar Homes in Chicago, IL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $425,000 | Old Republic Title | |
| Warranty Deed | $415,000 | None Available | |
| Deed | $360,000 | Cti | |
| Interfamily Deed Transfer | -- | None Available | |
| Special Warranty Deed | $358,000 | Git |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $276,000 | New Conventional | |
| Previous Owner | $288,000 | New Conventional | |
| Previous Owner | $285,840 | Fannie Mae Freddie Mac |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/11/2025 07/11/25 | Sold | $425,000 | +6.3% | $327 / Sq Ft |
| 06/21/2025 06/21/25 | Pending | -- | -- | -- |
| 05/20/2025 05/20/25 | For Sale | $400,000 | 0.0% | $308 / Sq Ft |
| 04/15/2017 04/15/17 | Rented | $2,700 | 0.0% | -- |
| 12/02/2016 12/02/16 | For Rent | $2,700 | 0.0% | -- |
| 08/20/2014 08/20/14 | Sold | $415,000 | +9.2% | $320 / Sq Ft |
| 08/01/2014 08/01/14 | Pending | -- | -- | -- |
| 07/28/2014 07/28/14 | For Sale | $380,000 | -- | $293 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $8,467 | $39,551 | $2,567 | $36,984 |
| 2023 | $8,253 | $40,000 | $2,065 | $37,935 |
| 2022 | $8,253 | $40,000 | $2,065 | $37,935 |
| 2021 | $8,067 | $39,999 | $2,065 | $37,934 |
| 2020 | $6,807 | $30,554 | $1,696 | $28,858 |
| 2019 | $7,692 | $38,286 | $1,696 | $36,590 |
| 2018 | $7,563 | $38,286 | $1,696 | $36,590 |
| 2017 | $5,455 | $28,715 | $1,401 | $27,314 |
| 2016 | $5,251 | $28,715 | $1,401 | $27,314 |
| 2015 | $6,193 | $33,794 | $1,401 | $32,393 |
| 2014 | $4,094 | $24,633 | $1,253 | $23,380 |
| 2013 | $4,002 | $24,633 | $1,253 | $23,380 |
Source: Public Records
Agents Affiliated with this Home
-
A
Seller's Agent in 2025
Alex Young
Coldwell Banker Realty
(312) 585-6691
1 in this area
12 Total Sales
-
Buyer's Agent in 2025
Alexandre Stoykov
Compass
(312) 593-3110
22 in this area
1,069 Total Sales
-
F
Seller's Agent in 2017
Francisco Lopez
Coldwell Banker Realty
-
Seller Co-Listing Agent in 2017
Daniel Merrion
Coldwell Banker Realty
(312) 208-9800
2 in this area
103 Total Sales
-
A
Buyer's Agent in 2017
Amanda Kahn
Downtown Realty Company
-
Seller's Agent in 2014
Landon Harper
@ Properties
(312) 432-0200
4 in this area
82 Total Sales
About Michigan Avenue Tower 1
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12365740
APN: 17-22-101-043-1110
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.
Based on information submitted to the MLS GRID. 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.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked.
Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Nearby Homes
- 1250 S Michigan Ave Unit 1607
- 1250 S Michigan Ave Unit 1007
- 1250 S Michigan Ave Unit 1804
- 1250 S Michigan Ave Unit 903
- 1250 S Michigan Ave Unit 1506
- 1250 S Michigan Ave Unit 2802
- 1250 S Michigan Ave Unit 703
- 1250 S Michigan Ave Unit P126
- 1250 S Michigan Ave Unit 2900
- 1243 S Wabash Ave Unit 302
- 1305 S Michigan Ave Unit GU223
- 1305 S Michigan Ave Unit 807
- 1307 S Wabash Ave Unit 402
- 1307 S Wabash Ave Unit 213
- 1307 S Wabash Ave Unit 413
- 1250 S Indiana Ave Unit 105
- 1250 S Indiana Ave Unit 205
- 1250 S Indiana Ave Unit 304
- 1250 S Indiana Ave Unit 1301
- 100 E 14th St Unit 709