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$275,000 Contingent

  • For Sale
  • Contingent
  • Condo
  • 1 Bed
  • 1 Full Bath
  • 1 Car Garage
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Welcome to Unit 1400 at Michigan Avenue Tower I, a spacious and light-filled one-bedroom condo in the heart of the South Loop. Enjoy two private balconies-one off the living room and one off the bedroom-with sweeping views of Michigan Avenue, Grant Park, and Lake Michigan. The open layout features hardwood floors, floor-to-ceiling windows, and a kitchen with granite countertops, stainless steel appliances, and a breakfast bar perfect for casual dining or entertaining. The bedroom offers generous space, a walk-in closet, and direct access to a private balcony. Washer and dryer in unit. Building amenities include 24-hour door staff, rooftop pool, fitness center, dog run, landscaped rooftop terrace, party room, and recently updated common areas. Heated garage parking available for an additional cost. Assessments include heat, A/C, gas, cable, internet, storage, and full access to amenities. Close to Grant Park, Museum Campus, Trader Joe's, CTA, and everything South Loop has to offer!

Full Property Details for 1250 S Michigan Ave #1400

General

  • Price: $275,000
  • HOA FEE: $612/month
  • Taxes: $6,546 (2024)
  • Status: Contingent
  • Type: Condo
  • Source: MRED
  • MLS ID: 12543995
  • Updated: 2/11/2026
  • Added to Site: 55 day(s) ago

Interior

  • Basement: None
  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Flooring: Hardwood

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1

Bedrooms

  • Total Bedrooms: 1

Additional Information

  • Shared Amenities: Bike Room/Bike Trails, Door Person, Elevator(s), Exercise Room, Storage, On-Site Manager/Engineer, Party Room, Sundeck, Pool, Receiving Room

Exterior

  • Exterior Features: Balcony

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 1
  • Total Spaces: 1
  • Parking Features: Heated Garage, Yes, Deeded, Attached, Garage

Location

  • Area: CHI - Near South Side
  • County: Cook
  • Township: South Chicago
  • Driving Directions: DuSable/Lake Shore Drive to E. Roosevelt Rd (west) to S. Michigan Ave (south) to address

School Information

  • School District: 299
  • Elem School District: 299
  • Midd School District: 299
  • High School District: 299
  • Elementary School: South Loop Elementary School
  • Middle School: South Loop Elementary School
  • High School: Jones College Prep High School
  • Private School: Jones College Prep High School

Community

  • Assoc. Fees Include: Heat, Air Conditioning, Water, Gas, Insurance, Security, Doorman, TV/Cable, Exercise Facilities, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Internet
  • Pets Allowed: Yes
  • Pets: Cats OK, Dogs OK, Size Limit
  • Pet Restrictions: Cats OK, Dogs OK, Size Limit, / 999lbs.
  • Mgmt. Company: First Service Residential

Heating & Cooling

  • Cooling Type: Central Air Conditioning
  • Heating Type: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Lake Michigan

Structural Information

  • Structure Type: Condo, High-Rise (7 or More Stories)
  • Construction: Concrete
  • Exterior Const.: Concrete
  • Basement Desc.: None
  • Sub-Flooring: Hardwood
  • Entry Floor Number: 14
  • Stories/Levels: 29
  • Sq. Ft. Source: Not Reported
  • Year Built: 2005

Unit Information

  • Units in Building: 230

Lot Features

  • Lot Dimensions: Common
  • Lot Features: Common Grounds

Animals

  • Animals Allowed: Cats OK, Dogs OK, Size Limit

Financial Considerations

  • Association Fee: $612
  • Assoc Fee Freq.: Monthly
  • Deeded Garage Cost: $30,000
  • Assessment Year: 2005
  • Tax Amount: $6,546.77
  • Tax Year: 2024
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Condo
  • Property ID: 17221010431097

Listed by Baird & Warner

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Listing agents

— 1250 S Michigan Ave #1400 —

  • Baird & Warner

  • Baird & Warner

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 1250 S Michigan Ave #1400

School District:Chicago Public School District 299
NameGradesDistance
South Loop Elementary School
1212 South Plymouth Court, Chicago, IL 60605
PK-80.3 mi
Phillips Academy High School
244 East Pershing Road, Chicago, IL 60653
12-112.9 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1250 S Michigan Ave #1400 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/09/2026
Listed
$275,000
57.59%
MLS
7/29/2016
Sold
$174,500
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1250 S Michigan Ave #1400

Year
Property Taxes
Change
Tax Assessment
Change
2023
$6,139
3%
$28,999
—
2022
$5,983
2%
$28,999
—
2021
$5,849
18%
$28,999
30%
2020
$4,961
-12%
$22,269
-20%
2019
$5,606
2%
$27,905
—
2018
$5,512
22%
$27,905
33%
2017
$4,505
22%
$20,929
—
2016
$3,692
-8%
$20,929
-15%
2015
$4,033
41%
$24,631
37%
2014
$2,855
2%
$17,954
—
2013
$2,787
—
$17,954
—
2012
$2,774
—
$17,954
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 1250 S Michigan Ave #1400

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1250 S Michigan Avenue #1400, Chicago, IL 60605 (MLS# 12543995) is a Condo property with 1 bedroom and 1 full bathroom. 1250 S Michigan Avenue #1400 is currently listed for $275,000 and was received on January 09, 2026. Want to learn more about 1250 S Michigan Avenue #1400? Do you have questions about finding other Condo real estate for sale in Near South Side? You can browse all Near South Side real estate or contact a Coldwell Banker agent to request more information.

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