Seller's Agent in 2025
Anne Rossley
Baird Warner
(773) 620-5333
3 in this area
118 Total Sales
Michigan Avenue Tower 1 1250 S Michigan Ave Unit 1506 Chicago, IL 60605
South Loop Neighborhood
1
Bed
1
Bath
900
Sq Ft
$559/mo
HOA Fee
Highlights
- Wood Flooring
- 3-minute walk to Roosevelt Station (Green, Orange Lines)
- Balcony
- South Loop Elementary School Rated 9+
- Den
- 4-minute walk to Daniel Webster Park
About This Home
As of September 2025Bright and sparkling 1BR + den condo checks all the boxes- parking, balcony, washer/dryer, open floor plan with updated kitchen, newly painted, fresh br carpet, hardwood floors. Where the South Loop meets Grant Park, it's convenient to Grant Park, lakefront, shopping, and commuting. 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 updated kitchen with stainless steel appliances - open to the living/dining rooms. The bedroom and walk-in closet have new fresh carpet, with secondary access to the balcony facing south. The den is perfect for your home office or studying! 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.
Last Agent to Sell the Property
Baird & Warner License #471010446 Listed on: 07/24/2025
Last Buyer's Agent
Alyssa Jones
Keller Williams Premiere Properties License #475215890
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
- Parking Included in Price
Home Design
- Entry on the 15th floor
- Brick Exterior Construction
Interior Spaces
- 900 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
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 28, 2013
Closed on
Sep 4, 2013
Sold by
Stavrakis Peter
Bought by
Shields Nancy E and Nancy E Shields 2008 Revocable Trust
Seller's Agent
John Hu
John Hu
Buyer's Agent
Anne Rossley
Baird & Warner
List Price
$249,900
Sold Price
$265,000
Premium/Discount to List
$15,100
6.04%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.12%
Purchase Details
Closed on
Aug 19, 2008
Sold by
Shields Nancy E
Bought by
1250 S Michigan Ave #1506 Llc
Purchase Details
Closed on
Apr 1, 2005
Sold by
1250 S Michigan Lp
Bought by
Stavrakis Peter
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,698
Interest Rate
9.5%
Mortgage Type
Unknown
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 | $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
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/10/2025 09/10/25 | Sold | $310,000 | +1.6% | $344 / Sq Ft |
| 08/10/2025 08/10/25 | Pending | -- | -- | -- |
| 07/24/2025 07/24/25 | For Sale | $305,000 | 0.0% | $339 / 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)
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 | $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
Agents Affiliated with this Home
-
Anne Rossley
-
A
Buyer's Agent in 2025
Alyssa Jones
Keller Williams Premiere Properties
-
Larissa Brodsky
Buyer's Agent in 2015
Larissa Brodsky
Compass
(312) 720-3836
1 in this area
85 Total Sales
-
John Hu
J
Seller's Agent in 2013
John Hu
John Hu
27 Total Sales
About Michigan Avenue Tower 1
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12428523
APN: 17-22-101-043-1114
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 2204
- 1250 S Michigan Ave Unit 2900
- 1250 S Michigan Ave Unit 907
- 1250 S Michigan Ave Unit 1007
- 1250 S Michigan Ave Unit 2704
- 1250 S Michigan Ave Unit 600
- 1250 S Michigan Ave Unit 1607
- 1250 S Michigan Ave Unit 1804
- 1250 S Michigan Ave Unit 903
- 1250 S Michigan Ave Unit 2802
- 1250 S Michigan Ave Unit P126
- 1243 S Wabash Ave Unit 401
- 1243 S Wabash Ave Unit 302
- 1305 S Michigan Ave Unit GU-191C
- 1305 S Michigan Ave Unit GU176
- 1305 S Michigan Ave Unit GU-147C
- 1305 S Michigan Ave Unit GU223
- 1305 S Michigan Ave Unit 807
- 1307 S Wabash Ave Unit 213
- 1307 S Wabash Ave Unit 402