Rafay Qamar
Real Broker LLC
(833) 359-9113
1,068 Total Sales
7 in South Loop
$220K - $515K Price Range
Michigan 1400 1400 S Michigan Ave Unit 2801 Floor 28 Chicago, IL 60605
South Loop NeighborhoodEstimated Value: $1,343,000 - $1,565,900
4
Beds
4.5
Baths
4,800
Sq Ft
2008
Built
Highlights
- Doorman
- Penthouse
- Terrace
- Fitness Center
- Radiant Floor
- 3-minute walk to Daniel Webster Park
About This Home
As of November 2025One of a Kind is the true definition of this spectacular penthouse unit located in the one of the premier buildings in the South Loop! This unit covers a half a floor with over 3500 sq feet with an additional 1100 sq feet of outdoor terraces that offer panoramic views of the north, east, west and south! There was not a detail spared in this unit, every inch of the unit offers designer level of quality! As you enter the foyer the high ceilings and the Italian marble floor that lead to the stunning living room which offers unobstructed views of the lake which will take your breath away! The living room offers floor to ceiling windows, hardwood floors and access to terraces on both the north and south side of the space while feels open to the gourmet chefs kitchen! The kitchen was designed with custom cabinets, high end appliances, double oven, quartz counters along with a quartz backsplash! There are four spacious bedrooms in the unit which offer en suite bathrooms, custom closet organizers and heated floors in all the bathrooms! The master suite is stunning with floor to ceiling windows facing east and north, trey in lay ceilings and a small den area off the closet which can be used as a dressing room or office! The master bathroom is spa like with heated marble floors, massive walk in shower, double vanity and much more! The unit has been done with the highest level of quality, from the solid core doors to the crown molding, the custom lighting, no stone was unturned when finishing this unit! You will not find a unit with this kind of outdoor space either, lets not overlook a private 4 car garage within the parking garage, this is a value at this sq footage with these features! The building is a full amenity building with pool, gym, doorman! The location is hard to beat, walk to the lakefront, walk to Grant Park, Close to the Dan Ryan and I-55! Get inside this unit today to truly appreciate all the unit has to offer as it will not last long at this price point!
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Property Details
Home Type
- Condominium
Est. Annual Taxes
- $28,711
Year Built
- Built in 2008
Lot Details
- Additional Parcels
HOA Fees
- $2,300 Monthly HOA Fees
Parking
- 4 Car Attached Garage
- Parking Available
- Tandem Parking
- Parking Included in Price
Home Design
- Penthouse
- Entry on the 28th floor
- Brick Exterior Construction
- Stone Siding
Interior Spaces
- 4,800 Sq Ft Home
- Entrance Foyer
- Family Room
- Living Room
- Breakfast Room
- Dining Room
- Laundry Room
Flooring
- Wood
- Radiant Floor
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
- Walk-In Closet
- Bidet
- Dual Sinks
- Soaking Tub
- Shower Body Spray
Outdoor Features
- Terrace
Utilities
- Central Air
- Heating System Uses Natural Gas
Community Details
Overview
- Association fees include water, gas, parking, insurance, doorman, tv/cable, pool
- 257 Units
- Tricia Faust Association, Phone Number (312) 329-8395
- Property managed by GNP Realty Partners
- 28-Story Property
Amenities
- Doorman
- Sundeck
- Elevator
- Community Storage Space
Recreation
Pet Policy
- Dogs and Cats Allowed
Security
- Resident Manager or Management On Site
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 23, 2025
Closed on
Oct 22, 2025
Sold by
Bought by
Seller's Agent
Ryan Smith
RE/MAX Premier
Buyer's Agent
Nicholas Colagiovanni
Baird & Warner
List Price
$1,465,000
Sold Price
$1,366,000
Premium/Discount to List
-$99,000
-6.76%
Views
32
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,225
Avg. Annual Appreciation
6.56%
Purchase Details
Closed on
Jun 20, 2025
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in South Loop, IL
-
Rafay Qamar
-
Christopher Everhardt
Christopher Everhardt
HomeSmart Connect LLC
(312) 625-5423
102 Total Sales
3 in South Loop
$339K - $530K Price Range
-
Lauren Sauer
Lauren Sauer
@properties Christie's International Real Estate
(224) 803-3663
62 Total Sales
1 in South Loop
$270,000 Price
-
Paul Frischer
Paul Frischer
Berkshire Hathaway HomeServices Chicago
(224) 207-8723
56 Total Sales
1 in South Loop
$305,000 Price
-
Katelin Burke
Katelin Burke
Fulton Grace Realty
(224) 268-9856
28 Total Sales
1 in South Loop
$230,000 Price
-
Greg Desmond
Greg Desmond
@properties Christie's International Real Estate
(877) 640-3740
115 Total Sales
1 in South Loop
$185,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $1,366,000 | Chicago Title Insurance Compan | ||
| -- | Premier Title |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $750,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/21/2025 11/21/25 | Sold | $1,366,000 | -6.8% | $285 / Sq Ft |
| 10/03/2025 10/03/25 | Pending | -- | -- | -- |
| 09/23/2025 09/23/25 | For Sale | $1,465,000 | -- | $305 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $27,441 | $129,269 | $7,498 | $121,771 |
| 2024 | $27,441 | $129,269 | $7,498 | $121,771 |
| 2023 | $26,725 | $132,949 | $6,056 | $126,893 |
| 2022 | $26,725 | $132,949 | $6,056 | $126,893 |
| 2021 | $26,143 | $132,947 | $6,055 | $126,892 |
| 2020 | $27,612 | $127,052 | $4,955 | $122,097 |
| 2019 | $27,105 | $138,338 | $4,955 | $133,383 |
| 2018 | $26,648 | $138,338 | $4,955 | $133,383 |
| 2017 | $18,413 | $88,910 | $3,903 | $85,007 |
| 2016 | $17,308 | $88,910 | $3,903 | $85,007 |
| 2015 | $15,812 | $88,910 | $3,903 | $85,007 |
| 2014 | $15,534 | $86,292 | $1,475 | $84,817 |
Source: Public Records
Agents Affiliated with this Home
-
Ryan Smith
Seller's Agent in 2025
Ryan Smith
RE/MAX Premier
(312) 810-9680
1 in this area
763 Total Sales
-
Nicholas Colagiovanni
Buyer's Agent in 2025
Nicholas Colagiovanni
Baird Warner
(312) 501-5151
2 in this area
203 Total Sales
About Michigan 1400
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12478547
APN: 17-22-107-080-1214
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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