$245,000 - $282,000
RENTED FEB 28, 2025

888 S Michigan Ave Unit 402 Chicago, IL 60605

Printers Row Neighborhood
1 Bed
1 Bath
750 Sq Ft
6,447 Sq Ft Lot

Last Sold April 28, 2022

Last sale price $222,500 $297 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $1,774/month

Highlights

  • Doorman
  • Lock-and-Leave Community
  • Wood Flooring
  • Rooftop Deck
  • Property is near a park
  • 4-minute walk to Dearborn Park

About This Home

As of February 2025

1 Bedroom condo located on Chicago's prestigious Michigan Avenue, Available for April 1, 2025. Situated just steps away from Lake Michigan, Grant Park, Museum Campus, The Loop, and all the excitement of downtown living, this condo offers a prime location for those who appreciate the energy of the city. Whether you're strolling along the lakefront or exploring the cultural gems of the Museum Campus, every aspect of Chicago's downtown experience is at your doorstep. Step into this chic residence, where soaring ceilings and beautiful hardwood floors create an inviting atmosphere. The open-concept living room, kitchen, and dining maximize space and light, providing a seamless flow for both everyday living and entertaining. The well-equipped kitchen features a gas range, ample cabinet and counter space, and a stylish breakfast bar with four comfortable barstools-perfect for casual meals or a quick morning coffee. The thoughtful design ensures both functionality and aesthetics in this culinary haven. The large bedroom, complete with a queen-size bed and a closet organizer, offers a cozy retreat for relaxation. Unpack easily and make this space your own, surrounded by tasteful furnishings and thoughtful touches throughout. Convenience is key with in-unit laundry, adding a practical touch to your daily routine. Additionally, the building's rooftop provides a stunning backdrop for socializing or simply taking in the breathtaking views of the lakefront and city skyline-an added bonus to elevate your urban living experience. Building features 24hr door-staff and is located close to CTA Trains & Buses, coffee shops, Target, Trader Joes, Marianos, and much much more! Valet parking space available for an additional $300/mo

Last Agent to Rent the Property

Brad Lippitz

Compass License #471014431 Listed on: 02/09/2025

Compass

Co-Listed By

Bracken Foster

Compass

Last Renter's Agent

Renee Greene

Compass License #475142983

Compass

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,491

Year Built

  • Built in 1913 | Remodeled in 2002

Lot Details

  • 6,447

Parking

  • 1 Car Attached Garage
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction
  • Brick Foundation
  • Rubber Roof

Interior Spaces

  • 750 Sq Ft Home
  • Family Room
  • Living Room
  • Combination Kitchen and Dining Room

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Additional Features

  • Rooftop Deck
  • Property is near a park

Listing and Financial Details

  • Property Available on 4/1/25
  • Rent includes cable TV, water, scavenger, doorman, snow removal, wi-fi
  • 12 Month Lease Term

Community Details

Overview

  • 34 Units
  • Nino Randazzo Association, Phone Number (312) 379-0400
  • High-Rise Condominium
  • Property managed by Forth Group
  • Lock-and-Leave Community
  • 13-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Sundeck
  • Restaurant
  • Service Elevator
  • Elevator

Recreation

  • Bike Trail

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Condo Details

Home Type

Condominium

Est. Annual Taxes

$4,491

Year Built

Built in 1913 | Remodeled in 2002

Lot Details

0

Parking

1

Rental Info

  • Available Date: 2025-04-01
  • Lease Term: 12 Months
  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Type of Rental Property: Attached
  • Rental Price: 2100
  • Is Parking Included in Price: No
  • Fees/Approvals: Move-in Fee,Move Out Fee,Refundable Damage Deposit
  • Max Pet Weight: 999

Listing Details

  • Property Type: Residential Lease
  • Property Type: Residential Lease
  • Type Attached: Condo,High Rise (7+ Stories)
  • Property Sub-Type: Attached
  • Year Built: 1913
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 4
  • Rehab Year: 2002
  • ResoPropertyType: ResidentialLease
  • MRD_WaterViewYN: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 13
  • Year Renovated: 2002

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Freezer, Washer, Dryer
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Furnished: No
  • Interior Amenities: Elevator, Hardwood Floors, Laundry Hook-Up in Unit
  • LivingArea: 750
  • Room Type: No additional rooms
  • Stories Total: 13
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Soaking Tub
  • Below Grade Bedrooms: 0
  • Dining Room: Kitchen/Dining Combo
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Flooring: Carpet
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Roof Deck
  • Foundation Details: Brick/Mortar
  • List Price: 2100
  • Lot Features: Park Adjacent
  • Patio And Porch Features: Deck
  • Roof: Rubber
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas
  • Laundry Features: In Unit
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Amenities: Bike Room/Bike Trails, Door Person, Elevator(s), On Site Manager/Engineer, Sundeck, Restaurant, Security Door Lock(s), Service Elevator(s), Valet/Cleaner
  • Rent Includes: Cable TV, Water, Scavenger, Doorman, Snow Removal, Wi-Fi
  • Management: Manager On-site
  • Management Company: Forth Group
  • Management Contact Name: Nino Randazzo
  • Management Phone: 312-379-0400X123

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: COMMON
  • Rural (Y/N): N

Multi Family

  • Units in Building: 34

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2022
Closed on
Apr 26, 2022
Sold by
Sowa Stanley F and Sowa Jessica Lynn
Bought by
Fitzgerald Rachel
Seller's Agent
Tommy Choi
Keller Williams ONEChicago
Buyer's Agent
Brad Lippitz
Compass
List Price
$235,000
Sold Price
$222,500
Premium/Discount to List
-$12,500
-5.32%
Current Estimated Value
$257,551

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,051
Avg. Annual Appreciation
5.58%

Purchase Details

Closed on
Mar 18, 2021
Sold by
Sowa Stanley Frank and Sowa Jessica Lynn
Bought by
Sowa Stanley F and Sowa Jessica Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,000
Interest Rate
2.87%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Fitzgerald Rachel $58,666 Old Republic Title
Sowa Stanley F -- Lakeshore Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sowa Stanley F $207,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2025 02/28/25 Rented $2,400 +14.3% --
02/25/2025 02/25/25 Under Contract -- -- --
02/09/2025 02/09/25 For Rent $2,100 +2.4% --
01/08/2024 01/08/24 Rented $2,050 -1.2% --
12/14/2023 12/14/23 Price Changed $2,075 -1.2% $3 / Sq Ft
11/27/2023 11/27/23 For Rent $2,100 0.0% --
04/28/2022 04/28/22 Sold $222,500 -5.3% $297 / Sq Ft
03/24/2022 03/24/22 Pending -- -- --
02/23/2022 02/23/22 For Sale $235,000 +2.2% $313 / Sq Ft
05/13/2016 05/13/16 Sold $230,000 -8.0% $307 / Sq Ft
03/22/2016 03/22/16 Pending -- -- --
02/25/2016 02/25/16 For Sale $250,000 -- $333 / Sq Ft
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 $4,491 $22,172 $1,472 $20,700
2023 $3,671 $21,216 $1,186 $20,030
2022 $3,671 $21,216 $1,186 $20,030
2021 $3,607 $21,215 $1,186 $20,029
2020 $4,285 $22,339 $1,074 $21,265
2019 $3,799 $22,339 $1,074 $21,265
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12287298

Midwest Real Estate Data (MRED)

APN: 17-15-305-049-1010