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$275,000
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Property Description
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
Full Property Details for 1250 S Michigan Ave #1400
General
- Price: $275,000
- HOA FEE: $612/month
- Taxes: $6,546 (2024)
- Status: Active
- Type: Condo
- Source: MRED
- MLS ID: 12543995
- Updated: 1/15/2026
- Added to Site: 9 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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Schools
Schools serving 1250 S Michigan Ave #1400
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
South Loop Elementary School 1212 South Plymouth Court, Chicago, IL 60605 | PK-8 | 0.3 mi |
Phillips Academy High School 244 East Pershing Road, Chicago, IL 60653 | 12-11 | 2.9 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
Date
Details
Price
Change
Source
1/09/2026
Listed
$275,000
57.59%
MLS
7/29/2016
Sold
$174,500
—
Public Record
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
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
—
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
Estimate the Cost for 1250 S Michigan Ave #1400
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.

