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$305,000 Contingent
Property Description
MULTIPLE OFFERS RECEIVED. Beautiful 1BR South Loop condo with amazing 25x10 terrace! Spacious kitchen with Island, NEWER Stainless appliances, Granite Counters, and 42" uppers! NEW front-load washer/dryer, and dishwasher! Hardwood floors throughout! Bedroom has his/hers closets - both with professional organizers! Updated bath with new vanity! Pool, Exercise Room conveniently located down the hall on same floor! Storage (#220)! Heated garage space (#391) for additional $30K. Full amenity building - doorperson, exercise and party rooms, green space, outdoor pool, and dog run! Walk to Lakefront, Grant Park, Trader Joe's, Jewel, Target, restaurants, nightlife, etc!
Full Property Details
Full Property Details for 1250 S Michigan Ave #508
General
- Price: $305,000
- HOA FEE: $583/month
- Taxes: $4,687 (2024)
- Status: Contingent
- Type: Condo
- Source: MRED
- MLS ID: 12674270
- Updated: 6/15/2026
- Added to Site: 5 day(s) ago
Interior
- Basement: None
- Interior Features: Walk-In Closet(s), High Ceilings
- Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
- Bathroom Features: Separate Shower, Soaking Tub
Bedrooms
- Total Bedrooms: 1
Additional Information
- Shared Amenities: Door Person, Elevator in Residence, Exercise Room, Storage, Health Club, On-Site Manager/Engineer, Park, Party Room, Sundeck, Pool
Exterior
- Exterior Features: Balcony
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 1
- Total Spaces: 1
- Parking Features: Garage Door Opener, Heated Garage, Yes, Garage Owned, Attached, Garage
Location
- Area: CHI - Near South Side
- County: Cook
- Township: South Chicago
- Driving Directions: 15 minute flashing zone on south side of bldg (13th St, which is 1-way going East); park along the side of the building and let doorperson know.
School Information
- School District: 299
- Elem School District: 299
- Midd School District: 299
- High School District: 299
Community
- Assoc. Fees Include: Heat, Air Conditioning, Water, Gas, Parking, Insurance, Security, Doorman, TV/Cable, Exercise Facilities, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Internet
- Pets Allowed: Yes
- Pets: Cats OK, Dogs OK, Number Limit
- Pet Restrictions: Cats OK, Dogs OK, Number Limit, / 99lbs.
- Mgmt. Company: First Service Residential
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Structure Type: Condo
- Construction: Concrete
- Exterior Const.: Concrete
- Basement Desc.: None
- Entry Floor Number: 5
- Stories/Levels: 29
- Square Feet: 970
- Sq. Ft. Source: Assessor
- Year Built: 2005
Unit Information
- Units in Building: 228
Lot Features
- Lot Dimensions: Common
Animals
- Animals Allowed: Cats OK, Dogs OK, Number Limit
Financial Considerations
- Association Fee: $583
- Assoc Fee Freq.: Monthly
- Assessment Year: 2005
- Tax Amount: $4,687
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Condo
- Property ID: 17221010431006
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Schools
Schools serving 1250 S Michigan Ave #508
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 ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1250 S Michigan Ave #508
Date
Details
Price
Change
Source
6/10/2026
Listed
$305,000
-40.2%
MLS
6/27/2018
Sold
$510,000
—
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 #508
Year
Property Taxes
Change
Tax Assessment
Change
2023
$7,130
—
$36,697
-1%
2023
$7,130
3%
$36,999
—
2022
$6,928
2%
$36,999
—
2021
$6,791
21%
$36,999
31%
2020
$5,624
-13%
$28,349
-20%
2019
$6,448
2%
$35,524
—
2018
$6,339
27%
$35,524
33%
2017
$5,009
4%
$26,644
—
2016
$4,836
-8%
$26,644
-15%
2015
$5,265
40%
$31,356
37%
2014
$3,764
2%
$22,857
—
2013
$3,679
1%
$22,857
—
2012
$3,654
—
$22,857
—
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 #508
1250 S Michigan Avenue #508, Chicago, IL 60605 (MLS# 12674270) is a Condo property with 1 bedroom and 1 full bathroom. 1250 S Michigan Avenue #508 is currently listed for $305,000 and was received on June 10, 2026. Want to learn more about 1250 S Michigan Avenue #508? 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.
