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$425,000

  • Sold
  • Closed
  • Condo
  • 2 Beds
  • 2 Full Baths
  • 1,298 Sq. Ft.
  • 1 Car Garage
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Michigan Avenue Tower - Stunning 2 Bed / 2 Bath Corner Unit Bright and beautifully updated southeast corner unit flooded with natural light! This spacious home features fresh paint, brand-new appliances, hardwood floors, 42" cabinets, granite countertops, and in-unit washer/dryer. Floor-to-ceiling windows showcase spectacular city and lake views. Enjoy luxury living with full-service amenities including a 24-hour doorman, fitness center, dog run, outdoor pool, and expansive sun deck. Unbeatable location-just a short stroll to the lakefront, parks, museums, shopping, and public transit. Indoor heated parking available for $30,000. Building Reserves:$2,380,480.80. No rental cap. Owners must reside in the unit for min. 2 yrs prior to leasing. No short-term or Airbnb rentals. Lease term minimum 6 months.

Full Property Details for 1250 S Michigan Ave #1502

General

  • Sold For: $425,000
  • HOA FEE: $875/month
  • Taxes: $8,996 (2023)
  • Status: Closed
  • Type: Condo
  • Source: MRED
  • MLS ID: 12365740
  • Added to Site: 276 day(s) ago

Interior

  • Appliances: Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Flooring: Hardwood

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bathroom Features: Separate Shower, Double Sink, Soaking Tub

Bedrooms

  • Total Bedrooms: 2

Additional Information

  • Shared Amenities: Bike Room/Bike Trails, Door Person, Elevator(s), Exercise Room, Sundeck, Pool
  • Other Features: Interstate Access

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 1
  • Total Spaces: 1
  • Parking Features: Circular Driveway, Heated Garage, On Site, Deeded, Attached, Garage
  • Parking On-Site: Yes

Location

  • Area: CHI - Near South Side
  • County: Cook
  • Driving Directions: South on Michigan Avenue past Roosevelt

School Information

  • School District: 299
  • Midd School District: 299

Community

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

Heating & Cooling

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

Utilities

  • Water: Lake Michigan

Structural Information

  • Structure Type: Condo
  • Construction: Glass, Stone, Concrete
  • Exterior Const.: Glass, Stone, Concrete
  • Basement Desc.: None
  • Sub-Flooring: Hardwood
  • Entry Floor Number: 13
  • Stories/Levels: 1
  • Square Feet: 1,298
  • Sq. Ft. Source: Estimated
  • Year Built: 2004
  • Remodeled/Updated: 2025

Unit Information

  • Units in Building: 228

Lot Features

  • Lot Dimensions: COMMON

Water Features

  • Water View: Yes
  • Water Front View: Side(s) of Property

Financial Considerations

  • Association Fee: $875
  • Assoc Fee Freq.: Monthly
  • Parking Included: Yes
  • Assessment Year: 2004
  • Tax Amount: $8,996.17
  • Tax Year: 2023

Disclosures and Reports

  • Ownership: Condo
  • Property ID: 17221010431110

Meet the listing agent

Meet the listing agent
— 1250 S Michigan Ave #1502 —

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 1250 S Michigan Ave #1502

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 #1502

Date
Details
Price
Change
Source
7/11/2025
Sold
$425,000
6.25%
MLS
5/20/2025
Listed
$400,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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1250 S Michigan Avenue #1502, Chicago, IL 60605 (MLS# 12365740) is a Condo property that was sold at $425,000 on July 11, 2025. This property was listed by Alex Young from our Evanston Office.Want to learn more about 1250 S Michigan Avenue #1502? 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.