NOT LISTED FOR SALE

180 N Michigan Ave Chicago, IL 60601

The Loop Neighborhood

Estimated Value: $28,550,923

1 Bed
1 Bath
717 Sq Ft
$39,820/Sq Ft Est. Value

About This Home

This home is located at 180 N Michigan Ave, Chicago, IL 60601 and is currently estimated at $28,550,923, approximately $39,819 per square foot. 180 N Michigan Ave is a home located in Cook County with nearby schools including South Loop Elementary School, Wendell Phillips Academy High School, and Chicago International Charter School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 20, 2007
Sold by
180 N Michigan Llc
Bought by
Michigan 180 Property Llc
Current Estimated Value
$28,550,923

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$17,668,928
Outstanding Balance
$10,659,581
Interest Rate
6.2%
Mortgage Type
Commercial
Estimated Equity
$17,891,342

Purchase Details

Closed on
Jul 28, 1998
Sold by
American National Bk & Tr Co Of Chicago
Bought by
180 N Michigan Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,300,000
Interest Rate
7.03%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Michigan 180 Property Llc $22,600,000 1St American Title
Michigan 180 Property Llc $22,600,000 1St American Title
180 N Michigan Llc -- --
180 N Michigan Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Michigan 180 Property Llc $17,668,928
Previous Owner 180 N Michigan Llc $7,300,000
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
2025 $1,226,089 $6,628,250 $1,297,590 $5,330,660
2024 $1,226,089 $4,540,380 $1,297,590 $3,242,790
2023 $1,207,846 $5,811,119 $1,313,038 $4,498,081
2022 $1,207,846 $5,872,386 $1,313,038 $4,559,348
2021 $1,250,254 $6,217,362 $1,313,037 $4,904,325
2020 $1,182,715 $5,309,148 $1,313,037 $3,996,111
2019 $1,066,674 $5,309,148 $1,313,037 $3,996,111
2018 $1,048,736 $5,309,148 $1,313,037 $3,996,111
2017 $867,418 $4,029,445 $1,158,562 $2,870,883
2016 $807,052 $4,029,445 $1,158,562 $2,870,883
2015 $738,379 $4,029,445 $1,158,562 $2,870,883
2014 $618,461 $3,333,333 $1,081,325 $2,252,008
2013 $606,249 $3,333,333 $1,081,325 $2,252,008
Source: Public Records

Map

Illinois Cook County Chicago 60601 The Loop

180 N Michigan Ave, Chicago, IL

Not Listed for Sale

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