Landlord's Agent in 2025
Nonye Ononogbu
eXp Realty
(312) 767-7433
1 in this area
60 Total Sales
Michigan 1400 1400 S Michigan Ave Unit 2507 Chicago, IL 60605
South Loop Neighborhood
1
Bed
1
Bath
751
Sq Ft
0.68
Acres
Highlights
- Doorman
- Community Pool
- Elevator
- Fitness Center
- Party Room
- 3-minute walk to Daniel Webster Park
About This Home
As of May 2025Stunning 25th-Floor 1bed + Den Condo available for rent at Michigan Ave Condomunium II, a full amenity building (tenant only pays electric and internet) situated in the booming South Loop. Building features 24-hour door staff and security, pool, sundeck, gym, party room, dog run, garden, bike room, onsite management office, beautiful foyer with guest welcoming area, coffee and vending machines, printing area and mail room. The bedroom accommodates a king-sized bed and includes a custom walk-in closet. In-unit front load washer/dryer. Private, covered balcony, with expansive 25th-floor city views of a beautiful sunset, roomy enough for a gas grill and sitting area. Conveniently close to the CTA "L" trains and buses. You'll find yourself surrounded by top notch dining, shopping, grocery stores (Jewel, Mariano's, Target, & Trader Joes) museums, walking distance to Soldier Field, Millennium, lakefront, 12th Street beach, Grand Park and much more! No pets. No smoking allowed. Available June 1st.
Condo Details
Home Type
- Condominium
Est. Annual Taxes
- $5,764
Year Built
- Built in 2008
Lot Details
- 0.68
Parking
- 1 Car Garage
Home Design
- Concrete Block And Stucco Construction
Interior Spaces
- 751 Sq Ft Home
- Family Room
- Living Room
- Combination Kitchen and Dining Room
Kitchen
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Disposal
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Potential Bedroom
- 1 Full Bathroom
- Soaking Tub
Laundry
- Laundry Room
- Dryer
- Washer
Schools
- South Loop Elementary School
Utilities
- Forced Air Heating and Cooling System
Listing and Financial Details
- Property Available on 6/1/25
- Rent includes cable TV, gas, heat, water, pool, scavenger, exterior maintenance, air conditioning
Community Details
Overview
- 257 Units
- Tricia Faust Or Gina Association, Phone Number (312) 663-1167
- Property managed by GNP Management
- 28-Story Property
Amenities
- Doorman
- Party Room
- Elevator
- Service Elevator
- Package Room
Recreation
- Bike Trail
Pet Policy
- No Pets Allowed
Security
- Resident Manager or Management On Site
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 26, 2024
Closed on
Jun 18, 2024
Sold by
Krause Craig
Bought by
Agbaneje Arm T
Seller's Agent
Jacob Reiner
Redfin Corporation
Buyer's Agent
Nonye Ononogbu
eXp Realty
List Price
$274,990
Sold Price
$300,000
Premium/Discount to List
$25,010
9.09%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,160
Avg. Annual Appreciation
2.11%
Original Mortgage
$210,000
Outstanding Balance
$208,297
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$98,729
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Agbaneje Arm T | $300,000 | Old Republic Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Agbaneje Arm T | $210,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/14/2025 05/14/25 | Rented | $2,250 | 0.0% | -- |
| 04/25/2025 04/25/25 | Under Contract | -- | -- | -- |
| 04/21/2025 04/21/25 | Off Market | $2,250 | -- | -- |
| 04/14/2025 04/14/25 | For Rent | $2,250 | 0.0% | -- |
| 07/03/2024 07/03/24 | Sold | $300,000 | +9.1% | $399 / Sq Ft |
| 05/22/2024 05/22/24 | For Sale | $274,990 | -- | $366 / 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 | $5,764 | $30,187 | $1,751 | $28,436 |
| 2023 | $5,597 | $30,546 | $1,414 | $29,132 |
| 2022 | $5,597 | $30,546 | $1,414 | $29,132 |
| 2021 | $5,489 | $30,546 | $1,414 | $29,132 |
| 2020 | $5,918 | $29,668 | $1,157 | $28,511 |
| 2019 | $5,801 | $32,304 | $1,157 | $31,147 |
| 2018 | $5,703 | $32,304 | $1,157 | $31,147 |
| 2017 | $3,743 | $20,761 | $911 | $19,850 |
| 2016 | $3,658 | $20,761 | $911 | $19,850 |
| 2015 | $3,324 | $20,761 | $911 | $19,850 |
| 2014 | $3,262 | $20,150 | $344 | $19,806 |
Source: Public Records
Agents Affiliated with this Home
-
-
Tenant's Agent in 2025
Michelle Martin
@ Properties
(312) 560-7491
49 Total Sales
-
J
Seller's Agent in 2024
Jacob Reiner
Redfin Corporation
About Michigan 1400
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12337198
APN: 17-22-107-080-1447
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