Michigan Avenue Tower 1 1250 S Michigan Ave Unit 1607 Chicago, IL 60605
South Loop NeighborhoodEstimated payment $2,694/month
Total Views
698
1
Bed
1
Bath
880
Sq Ft
$351
Price per Sq Ft
Highlights
- Popular Property
- 3-minute walk to Roosevelt Station (Green, Orange Lines)
- Community Pool
- Doorman
- Fitness Center
- 4-minute walk to Daniel Webster Park
About This Home
Welcome to this north-facing urban oasis offering sweeping, unobstructed views of Grant Park, the iconic Chicago skyline, the building's serene pool, and lush green deck. This beautifully redesigned condo blends Mid-Century charm with modern functionality, creating a stylish and comfortable retreat in the heart of the city. The thoughtfully new kitchen is the focal point of the home, featuring timeless Mid-Century flat-panel custom cabinetry paired with a premium matte black Caesarstone countertop. A spacious center island doubles as both a functional workspace and casual dining area, seamlessly connecting the kitchen with the open living and dining spaces-perfect for entertaining or everyday living. The updated bathroom includes a sleek new vanity, custom cabinetry, and a wall-mounted cabinet for additional storage. Throughout the unit, you'll find new vinyl plank flooring and contemporary light fixtures that enhance the modern aesthetic. Don't miss your chance to call this stylish and functional city retreat your own-right in the vibrant heart of Chicago. Additional Features: Full-amenity building with 24-hour front desk staff, on-site management, gym, yoga room, and residents' lounge Outdoor amenities include a pool, green deck, and dog run HOA includes internet, heating/cooling, gas, water, and all amenities Deeded, heated parking space (#406) available for $25,000 (HOA $63.13/month) Rental permitted after 48 months of owner occupancy
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $5,331
Year Built
- Built in 2005
Lot Details
- Additional Parcels
HOA Fees
- $558 Monthly HOA Fees
Parking
- 1 Car Garage
Home Design
- Rubber Roof
- Stone Siding
- Concrete Block And Stucco Construction
Interior Spaces
- 880 Sq Ft Home
- Family Room
- Living Room
- Dining Room
- 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
Listing and Financial Details
- Homeowner Tax Exemptions
Community Details
Overview
- Association fees include heat, air conditioning, water, gas, insurance, doorman, exercise facilities, pool, exterior maintenance, lawn care, scavenger, snow removal, internet
- 229 Units
- Angie Page Association, Phone Number (312) 554-1250
- Michigan Avenue Towers Subdivision
- Property managed by First Service Residential
- 29-Story Property
Amenities
- Doorman
- Sundeck
- Common Area
- Business Center
- Party Room
- Elevator
- Service Elevator
- Package Room
- Community Storage Space
Recreation
- Fitness Center
- Community Pool
Pet Policy
- Pets up to 50 lbs
- 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 | $4,802 | $25,974 | $1,686 | $24,288 |
| 2023 | $4,659 | $26,000 | $1,356 | $24,644 |
| 2022 | $4,659 | $26,000 | $1,356 | $24,644 |
| 2021 | $5,244 | $25,999 | $1,356 | $24,643 |
| 2020 | $4,470 | $20,064 | $1,113 | $18,951 |
| 2019 | $5,051 | $25,142 | $1,113 | $24,029 |
| 2018 | $4,966 | $25,142 | $1,113 | $24,029 |
| 2017 | $4,059 | $18,857 | $920 | $17,937 |
| 2016 | $3,777 | $18,857 | $920 | $17,937 |
| 2015 | $4,067 | $22,193 | $920 | $21,273 |
| 2014 | $3,001 | $16,177 | $823 | $15,354 |
| 2013 | $2,942 | $16,177 | $823 | $15,354 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/06/2025 08/06/25 | For Sale | $309,000 | +6.6% | $351 / Sq Ft |
| 07/01/2021 07/01/21 | Sold | $290,000 | +3.6% | $337 / Sq Ft |
| 05/19/2021 05/19/21 | For Sale | -- | -- | -- |
| 05/18/2021 05/18/21 | Pending | -- | -- | -- |
| 03/10/2021 03/10/21 | Price Changed | $280,000 | -3.4% | $325 / Sq Ft |
| 02/08/2021 02/08/21 | For Sale | $290,000 | 0.0% | $337 / Sq Ft |
| 08/04/2016 08/04/16 | Rented | $2,100 | 0.0% | -- |
| 07/26/2016 07/26/16 | Under Contract | -- | -- | -- |
| 07/11/2016 07/11/16 | For Rent | $2,100 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $290,000 | Hubbard Title Insurance Co | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $327,500 | None Available | |
| Special Warranty Deed | $312,000 | Git |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $257,000 | New Conventional | |
| Previous Owner | $262,000 | Unknown | |
| Previous Owner | $244,600 | Unknown |
Source: Public Records
Similar Homes in Chicago, IL
Source: Midwest Real Estate Data (MRED)
MLS Number: 12439265
APN: 17-22-101-043-1126
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