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$879,000 Just Listed

  • For Sale
  • Active
  • Condo
  • 4 Beds
  • 3 Full Baths
  • 1 Partial Bath
  • 3,035 Sq. Ft.
  • 2 Car Garage
  • Updated 1 day ago

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Open House: 12:30 PM - 2:30 PM

Sunday 7/19 12:30 PM - 2:30 PM

1250 S Michigan Avenue #2802,Chicago, IL 60605

1250 S Michigan Avenue #2802ChicagoIL60605

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Positioned on the coveted southeast corner of an exclusive high-rise, this extraordinary penthouse offers over 3,000 square feet of luxurious living-all on a single level-and is a true rarity in the city. A standout for its exceptional indoor-outdoor flow, this home boasts three private outdoor spaces, including a stunning 720 sq ft wrap-around terrace that extends from the kitchen, living, and dining areas with sweeping east and south exposures, plus north and west views that capture both lake and skyline vistas, and iconic Chicago landmarks like Soldier Field and Navy Pier. Inside, the residence has been thoughtfully reimagined by the current owners with a designer-renovated kitchen featuring custom cabinetry, a high-end appliance suite including a SubZero refrigerator and Wolf range, a spacious peninsula for entertaining, and an intimate in-kitchen dining area-perfect for everyday luxury. The open-concept layout flows seamlessly into the expansive living and dining rooms, enhanced by floor-to-ceiling windows, elegant crown molding, hardwood floors all flooded with beautiful natural light. Offering four generously sized bedrooms-each with access to an outdoor space-this home is ideal for both privacy and connection. The primary suite rivals those found in single-family homes, with ample room for a seating area and home gym, two custom walk-in closets, plush carpeting, and a spa-caliber ensuite with dual vanities, a soaking tub, and a separate walk-in shower. A secondary bedroom suite is thoughtfully tucked away from the remaining bedrooms and features an ensuite bath, making it ideal for guests, in-laws, or an au pair. Additional highlights include a fully built-out mudroom area near the second entry with abundant storage, black out roller shades in all bedrooms, and upgraded designer lighting throughout. Every detail has been curated for both function and elegance. Located just steps from Chicago's most beloved landmarks-Millennium Park, Grant Park, the Art Institute, Museum Campus, Soldier Field, the lakefront, and world-class dining-the home also offers effortless access to public transportation including train and bus lines, Lake Shore Drive, and major expressways. Two side-by-side heated garage parking spaces are available for $30k each, completing this rare offering of space, light, location, and unmatched outdoor living in the heart of the city.

Full Property Details for 1250 S Michigan Ave #2802

General

  • Price: $879,000
  • HOA FEE: $3,327/month
  • Taxes: $33,438 (2024)
  • Status: Active
  • Type: Condo
  • Source: MRED
  • MLS ID: 12699206

Interior

  • Basement: None
  • Interior Features: Storage, Walk-In Closet(s)
  • Appliances: Range, Microwave, Dishwasher, High-End Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Wine Refrigerator, Range Hood
  • Flooring: Hardwood

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Bathroom Features: Separate Shower, Double Sink, Soaking Tub

Bedrooms

  • Total Bedrooms: 4

Additional Information

  • Shared Amenities: Bike Room/Bike Trails, Door Person, Elevator in Residence, Exercise Room, Storage, On-Site Manager/Engineer, Party Room, Sundeck, Pool, Receiving Room, Security Door Lock(s), Service Elevator(s)
  • Equipment: Fire Sprinklers

Exterior

  • Exterior Features: Balcony

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 2
  • Total Spaces: 2
  • Parking Features: Heated Garage, Yes, Garage Owned, Attached, Garage

Location

  • Area: CHI - Near South Side
  • County: Cook
  • Township: South Chicago
  • Driving Directions: ROOSEVELT TO MICHIGAN AVE SOUTH TO 1250

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: Phillips Academy High School
  • Private School: Phillips Academy High School

Community

  • Assoc. Fees Include: Water, Parking, Insurance, Security, TV/Cable, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Internet
  • Pets Allowed: Yes
  • Pets: Cats OK, Dogs OK, Number Limit, Size Limit
  • Pet Restrictions: Cats OK, Dogs OK, Number Limit, Size Limit, / 100lbs.
  • Mgmt. Company: Contact Listing Broker

Heating & Cooling

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

Utilities

  • Sewer: Public Sewer
  • Water: Lake Michigan

Structural Information

  • Structure Type: Condo, High-Rise (7 or More Stories)
  • Construction: Brick
  • Exterior Const.: Brick
  • Basement Desc.: None
  • Sub-Flooring: Hardwood
  • Entry Floor Number: 28
  • Stories/Levels: 29
  • Square Feet: 3,035
  • Sq. Ft. Source: Estimated
  • Year Built: 2005
  • Remodeled/Updated: 2014

Unit Information

  • Units in Building: 228

Lot Features

  • Lot Dimensions: COMMON
  • Lot Features: Common Grounds

Animals

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

Water Features

  • Water View: Yes
  • Water Front Name: LAKE MICHIGAN
  • Water Front View: Front of Property

Financial Considerations

  • Association Fee: $3,327
  • Assoc Fee Freq.: Monthly
  • Assessment Year: 2005
  • Tax Amount: $33,438.43
  • Tax Year: 2024
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Condo
  • Property ID: 17221010431223

Listed by Compass

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— 1250 S Michigan Ave #2802 —

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

Schools serving 1250 S Michigan Ave #2802

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 ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Tax History for 1250 S Michigan Ave #2802

Year
Property Taxes
Change
Tax Assessment
Change
2023
$35,708
—
$169,123
-2%
2023
$35,708
3%
$171,999
—
2022
$34,782
2%
$171,999
—
2021
$34,019
20%
$171,999
32%
2020
$28,415
-11%
$130,656
-19%
2019
$31,796
2%
$161,689
—
2018
$31,260
22%
$161,689
32%
2017
$25,707
7%
$122,792
—
2016
$24,094
-7%
$122,792
-15%
2015
$26,000
36%
$144,511
37%
2014
$19,068
—
$105,339
—
2013
$19,158
1%
$105,339
—
2012
$18,903
—
$105,339
—
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.

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Listed by Compass

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Listed by The DelGreco Team

1250 S Michigan Avenue #2802, Chicago, IL 60605 (MLS# 12699206) is a Condo property with 4 bedrooms, 3 full bathrooms and 1 partial bathroom. 1250 S Michigan Avenue #2802 is currently listed for $879,000 and was received on July 14, 2026. Want to learn more about 1250 S Michigan Avenue #2802? 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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