Metropolitan Tower 310 S Michigan Ave Unit 1612 Floor 16 Chicago, IL 60604
The Loop NeighborhoodEstimated payment $2,497/month
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.
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
Map
About Metropolitan Tower
Home Values in the Area
Average Home Value in this Area
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 |
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 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $310,000 | North American Title | |
| Special Warranty Deed | $250,000 | Nnnt |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $187,500 | Purchase Money Mortgage |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12518521
APN: 17-15-107-078-1396
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