NOT LISTED FOR SALE

Michigan 1400 1400 S Michigan Ave Unit 2512 Chicago, IL 60605

South Loop Neighborhood

Estimated Value: $287,000 - $333,000

1 Bed
1 Bath
692 Sq Ft
2008 Built

Highlights

  • Doorman
  • Wood Flooring
  • Community Pool
  • Fitness Center
  • Corner Lot
  • 3-minute walk to Daniel Webster Park

About This Home

As of June 2025

Welcome to Michigan Ave Tower II! This fully renovated 1 bed 1 bath has amazing views and has every upgrade you could want! Upgrades incl: hardwood floors, granite countertops, W/D IN UNIT, 42" cabinetry, a balcony with crazy views and more! Assessments includes heat, ac, gas, water, cable. Full Amenity Building Includes Outdoor Pool, Sun Deck, Party Room, 24 Hour Doorman, and a nice fitness center. Rent incl: central heating/cooling, water, gas and basic cable. The tenant just needs to cover electricity and internet.

Last Agent to Rent the Property

Jon Perlman

NB ELITE REALTY LLC License #475130047 Listed on: 06/14/2025

NB ELITE REALTY LLC

Last Renter's Agent

Non Member

NON MEMBER

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,451

Year Built

  • Built in 2008

Parking

  • 1 Car Garage

Home Design

  • Concrete Block And Stucco Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • Family Room
  • Combination Dining and Living Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom
  • Dual Sinks
  • Soaking Tub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Outdoor Features

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • 200+ Amp Service
  • Lake Michigan Water
  • Cable TV Available

Listing and Financial Details

  • Property Available on 6/14/25
  • Rent includes cable TV, gas, heat, water, pool, scavenger, security, exterior maintenance, lawn care, snow removal, air conditioning
  • 12 Month Lease Term

Community Details

Overview

  • 260 Units
  • 34-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Sundeck
  • Party Room
  • Elevator
  • Service Elevator
  • Package Room

Recreation

  • Bike Trail

Pet Policy

  • No Pets Allowed

Security

  • Resident Manager or Management On Site
  • Carbon Monoxide Detectors
  • Fire Sprinkler System

Condo Details

Home Type

Condominium

Est. Annual Taxes

$5,451

Year Built

Built in 2008

Lot Details

0

Parking

1

Rental Info

  • Available Date: 2025-06-14
  • Lease Term: 12 Months
  • Board Number: 8
  • Pets Allowed (Y/N): No
  • Rental Price: 2250
  • Security Deposit: 1MO
  • Is Parking Included in Price: No
  • Fees/Approvals: Move-in Fee,Move Out Fee,Refundable Damage Deposit

Listing Details

  • Property Type: Residential Lease
  • Property Type: Residential Lease
  • Type Attached: Condo
  • EntryLevel: 25
  • Property Attached: Yes
  • Property Sub-Type: Condo
  • Year Built: 2008
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 34

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Hardwood
  • Other Equipment: TV-Cable, Fire Sprinklers, CO Detectors
  • Room Type: Balcony/Porch/Lanai
  • Stories Total: 34
  • Estimated Total Finished Sq Ft: 0
  • Bathroom Amenities: Double Sink,Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Flooring: Carpet

Exterior Features

  • Construction Materials: Concrete
  • ExteriorFeatures: Balcony
  • Foundation Details: Concrete Perimeter
  • List Price: 2250
  • Lot Features: Corner Lot
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Garage Door Opener, Heated Garage, On Site, Garage Owned, Attached, Garage
  • ParkingTotal: 1

Utilities

  • Sewer: Public Sewer, Storm Sewer
  • Cooling: Central Air
  • Electric: 200+ Amp Service
  • Heating: Natural Gas
  • Laundry Features: Washer Hookup
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Amenities: Bike Room/Bike Trails, Door Person, Elevator(s), Exercise Room, Storage, On Site Manager/Engineer, Party Room, Sundeck, Pool, Receiving Room, Service Elevator(s), Valet/Cleaner
  • Rent Includes: Cable TV, Gas, Heat, Water, Pool, Scavenger, Security, Exterior Maintenance, Lawn Care, Snow Removal, Air Conditioning
  • Management: Manager On-site,Monday through Friday

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: COMMON

Multi Family

  • Units in Building: 260

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2025 07/31/25 Price Changed $2,400 +2.1% $3 / Sq Ft
07/08/2025 07/08/25 Price Changed $2,350 +2.2% $3 / Sq Ft
06/27/2025 06/27/25 Price Changed $2,300 0.0% $3 / Sq Ft
06/26/2025 06/26/25 Rented $2,300 +2.2% --
06/26/2025 06/26/25 Price Changed $2,250 0.0% $3 / Sq Ft
06/24/2025 06/24/25 Price Changed $2,250 -2.2% $3 / Sq Ft
06/16/2025 06/16/25 Price Changed $2,300 0.0% $3 / Sq Ft
06/14/2025 06/14/25 For Rent $2,300 -4.2% --
05/29/2025 05/29/25 Price Changed $2,400 -4.0% $3 / Sq Ft
05/28/2025 05/28/25 For Rent $2,500 +22.0% --
09/26/2023 09/26/23 Rented $2,050 -2.4% --
08/29/2023 08/29/23 Under Contract -- -- --
08/29/2023 08/29/23 Off Market $2,100 -- --
08/14/2023 08/14/23 For Rent $2,100 0.0% --
08/29/2022 08/29/22 Rented $2,100 0.0% --
08/02/2022 08/02/22 Price Changed $2,100 -90.2% $2 / Sq Ft
08/02/2022 08/02/22 For Rent $21,500 +1062.2% --
04/28/2017 04/28/17 Rented $1,850 0.0% --
04/09/2017 04/09/17 Under Contract -- -- --
01/31/2017 01/31/17 Price Changed $1,850 -2.6% $2 / Sq Ft
12/27/2016 12/27/16 For Rent $1,900 +2.7% --
02/09/2016 02/09/16 Rented $1,850 0.0% --
02/08/2016 02/08/16 Under Contract -- -- --
01/06/2016 01/06/16 For Rent $1,850 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

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 $5,451 $25,328 $1,469 $23,859
2023 $5,313 $25,752 $1,187 $24,565
2022 $5,313 $25,752 $1,187 $24,565
2021 $5,194 $25,750 $1,186 $24,564
2020 $5,545 $24,892 $970 $23,922
2019 $5,446 $27,104 $970 $26,134
2018 $5,354 $27,104 $970 $26,134
2017 $3,750 $17,419 $764 $16,655
2016 $3,489 $17,419 $764 $16,655
2015 $3,192 $17,419 $764 $16,655
2014 $3,137 $16,906 $288 $16,618
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12393745

Midwest Real Estate Data (MRED)

APN: 17-22-107-080-1449