$445,000
OPEN SUN 1PM - 3PM $15K PRICE INCREASE

Michigan 1400 1400 S Michigan Ave Unit 1503 Floor 15 Chicago, IL 60605

South Loop Neighborhood

Estimated payment $3,596/month

Total Views 940
2 Beds
2 Baths
1,250 Sq Ft
$356 Price per Sq Ft

Highlights

  • Doorman
  • Water Views
  • Granite Countertops
  • South Loop Elementary School Rated 9+
  • Wood Flooring
  • 3-minute walk to Daniel Webster Park

About This Home

Move-In Ready! Rarely available luxury corner unit with Lake and City Views! This beautiful 2 bedroom, 2 bathroom corner unit in Michigan Ave Tower II offers breathtaking views. Fully furnished included if desired and all stainless steel kitchen appliances included along with full size washer and dryer. This highly sought after full amenity building includes outdoor pool, sun deck, 24 hour front door security staff, workout room, party room, and bike room. Go Grocer grocery store on first floor right outside lobby door. Situated near museums, best dining, shopping, concerts, Soldier Field, Trader Joe's, Mariano's, Target, the EL and Metra train lines. Only a few blocks away from 290, 90/94 & 55 expressways. The monthly assessments include water, gas, heat, A/C, cable, and scavenger. The unit comes with one storage locker and INDOOR GARAGE PARKING INCLUDED IN PRICE! P#349

Listing Agent

Ellen Callaghan

River West Realty, Inc. License #475125106 Listed on: 11/10/2025

Open House Schedule

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,232

HOA Fees

  • $647 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Parking Included in Price

Home Design

  • Entry on the 15th floor
  • Brick Exterior Construction

Interior Spaces

  • 1,250 Sq Ft Home
  • Built-In Features
  • Gas Log Fireplace
  • Blinds
  • Sliding Doors
  • Entrance Foyer
  • Family Room
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Wood Flooring
  • Granite Countertops
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Additional Parcels

Community Details

Overview

  • Association fees include heat, air conditioning, water, gas, doorman, tv/cable, exercise facilities, pool, exterior maintenance, scavenger
  • 28 Units
  • Tricia Faust Association, Phone Number (312) 329-8395
  • High-Rise Condominium
  • Property managed by GNP Realty Partners
  • 28-Story Property

Amenities

  • Doorman
  • Shops

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,232

Lot Details

0

HOA Fees

$647 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,High Rise (7+ Stories)
  • Ownership: Condo
  • EntryLevel: 15
  • New Construction: No
  • Property Sub-Type: Condo,High Rise (7+ Stories)
  • 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
  • MRD_WaterViewYN: Yes
  • Special Features: OpenHouse
  • Property Sub Type: Condos
  • Stories: 28

Interior Features

  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Sliding Doors
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Flooring: Hardwood
  • Interior Amenities: Built-in Features, Walk-In Closet(s), Doorman, Granite Counters, Lobby, Shops
  • LivingArea: 1250
  • Room Type: Foyer, Balcony/Porch/Lanai
  • Stories Total: 28
  • Window Features: Drapes, Blinds
  • Estimated Total Finished Sq Ft: 0
  • Bathroom Amenities: Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Flooring: Hardwood

Exterior Features

  • Construction Materials: Brick
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Side Driveway, Garage Door Opener, Heated Garage, Yes, Garage Owned, Attached, Garage
  • ParkingTotal: 1

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 647
  • Association Fee Frequency: Monthly
  • Management: Manager On-site
  • Master Association Fee Frequency: Not Required
  • Management Company: GNP Realty Partners
  • Management Contact Name: Tricia Faust
  • Management Phone: 312-329-8395

Fee Information

  • Association Fee Includes: Heat, Air Conditioning, Water, Gas, Doorman, TV/Cable, Exercise Facilities, Pool, Exterior Maintenance, Scavenger

Lot Info

  • Additional Parcels: Yes
  • Lot Dimensions: Common
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 7231.85
  • Tax Year: 2023

Multi Family

  • Units in Building: 28

Map

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 $6,597 $36,285 $2,105 $34,180
2023 $6,391 $37,136 $1,700 $35,436
2022 $6,391 $37,136 $1,700 $35,436
2021 $6,281 $37,134 $1,699 $35,435
2020 $6,700 $35,661 $1,390 $34,271
2019 $6,561 $38,829 $1,390 $37,439
2018 $6,449 $38,829 $1,390 $37,439
2017 $4,064 $24,955 $1,095 $23,860
2016 $4,141 $24,955 $1,095 $23,860
2015 $3,749 $24,955 $1,095 $23,860
2014 $4,494 $24,221 $414 $23,807
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/13/2025 11/13/25 Price Changed $445,000 +3.5% $356 / Sq Ft
11/10/2025 11/10/25 For Sale $430,000 -- $344 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- --
Source: Public Records

Source: Midwest Real Estate Data (MRED)

MLS Number: 12514271

Midwest Real Estate Data (MRED)

APN: 17-22-107-080-1108