$295,000

Metropolitan Tower 310 S Michigan Ave Unit 1612 Floor 16 Chicago, IL 60604

The Loop Neighborhood

Estimated payment $2,497/month

1 Bed
1 Bath
765 Sq Ft
$386 Price per Sq Ft

Highlights

  • Doorman
  • 3-minute walk to Jackson Station (Red Line)
  • Granite Countertops
  • Fitness Center
  • Wood Flooring
  • 4-minute walk to Pritzker Park

About This Home

For Investors Only: Long-term tenant-occupied; lease expires on 5/31/2027. The iconic Metropolitan Building on Michigan Ave. is just steps across the street from Millennium Park, Grant Park, the Symphony Center, restaurants, shops, and public transportation. This 1-bed/1-bath unit is approximately 765 square feet and includes a storage unit on the same floor. It features a gourmet kitchen with granite countertops, designer cabinetry, and hardwood floors throughout. The unit also has an in-unit washer and dryer. The monthly assessment is very reasonable and includes everything except electricity. Amenities: 24-hour doorman, fitness center, Amazon Lockers, and an amazing rooftop deck for outdoor enjoyment.

Listing Agent

Kathy Yau

LITS Realty LLC License #475194152 Listed on: 11/19/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,243

Year Built

  • Built in 1925

Lot Details

  • Additional Parcels

HOA Fees

  • $588 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Entry on the 16th floor

Interior Spaces

  • 765 Sq Ft Home
  • Family Room
  • Living Room
  • Dining Room
  • Wood Flooring
  • Granite Countertops
  • Laundry Room

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Utilities

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

Community Details

Overview

  • Association fees include heat, air conditioning, water, gas, insurance, doorman, tv/cable, exercise facilities, exterior maintenance, scavenger, snow removal, internet
  • 240 Units
  • Allison Association, Phone Number (312) 994-9111
  • Property managed by Habitat
  • 27-Story Property

Amenities

  • Doorman
  • Sundeck
  • Party Room
  • Elevator
  • Service Elevator
  • Community Storage Space

Recreation

Pet Policy

  • Pets up to 80 lbs
  • Limit on the number of pets
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,243

Year Built

Built in 1925

Lot Details

0

HOA Fees

$588 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • EntryLevel: 16
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 1925
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: New
  • SomePhotosVirtuallyStaged: No
  • MRD_WaterViewYN: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 27

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Hardwood
  • Interior Amenities: Granite Counters
  • LivingArea: 765
  • Room Type: No additional rooms
  • Stories Total: 27
  • Estimated Total Finished Sq Ft: 0
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Flooring: Hardwood

Exterior Features

  • Construction Materials: Limestone
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Yes, Deeded, Attached, Garage
  • ParkingTotal: 1

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit
  • Association Fee: 588
  • Association Amenities: Door Person, Elevator(s), Exercise Room, Storage, On Site Manager/Engineer, Party Room, Sundeck, Service Elevator(s)
  • Association Fee Frequency: Monthly
  • Management: Manager On-site,Monday through Friday
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Habitat
  • Management Contact Name: Allison
  • Management Phone: 312-994-9111

Fee Information

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

Lot Info

  • Additional Parcels: Yes
  • Lot Dimensions: CONDO
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 80

Tax Info

  • Tax Annual Amount: 4243.38
  • Tax Year: 2024
  • Tax Exemptions: None

Multi Family

  • Units in Building: 240

Map

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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

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 $4,642 $19,514 $1,235 $18,279
2023 $4,525 $22,000 $995 $21,005
2022 $4,525 $22,000 $995 $21,005
2021 $4,424 $21,999 $995 $21,004
2020 $4,780 $21,457 $901 $20,556
2019 $4,695 $23,369 $901 $22,468
2018 $4,616 $23,369 $901 $22,468
2017 $4,563 $21,197 $746 $20,451
2016 $4,245 $21,197 $746 $20,451
2015 $3,884 $21,197 $746 $20,451
2014 $2,788 $15,028 $1,057 $13,971
2013 $2,733 $15,028 $1,057 $13,971
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/19/2025 11/19/25 For Sale $295,000 0.0% $386 / Sq Ft
08/10/2021 08/10/21 Rented -- -- --
07/15/2021 07/15/21 For Rent $1,750 0.0% --
11/21/2019 11/21/19 Rented $1,750 0.0% --
10/30/2019 10/30/19 Price Changed $1,750 -2.8% $2 / Sq Ft
08/24/2019 08/24/19 Price Changed $1,800 -5.3% $2 / Sq Ft
07/05/2019 07/05/19 For Rent $1,900 +2.7% --
08/17/2018 08/17/18 Rented $1,850 0.0% --
08/10/2018 08/10/18 Under Contract -- -- --
07/20/2018 07/20/18 Price Changed $1,850 -2.6% $2 / Sq Ft
07/11/2018 07/11/18 For Rent $1,900 -- --
Source: Midwest Real Estate Data (MRED)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $310,000 North American Title
Special Warranty Deed $250,000 Nnnt
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $187,500 Purchase Money Mortgage
Source: Public Records

Source: Midwest Real Estate Data (MRED)

MLS Number: 12518521

Midwest Real Estate Data (MRED)

APN: 17-15-107-078-1396