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$310,000
Property Description
Experience elevated city living in this stunning 25th-floor residence in the heart of Chicago's vibrant South Loop. This beautifully appointed 1-bedroom plus bonus room condominium offers an open-concept layout with soaring 10-foot ceilings, rich hardwood floors, and expansive windows that fill the home with natural light while showcasing breathtaking skyline views. The spacious living and dining area seamlessly connects to a well-appointed kitchen featuring granite countertops, stainless steel appliances, abundant cabinetry, and a breakfast bar, making it ideal for both everyday living and entertaining. The versatile bonus room provides the perfect space for a home office, guest area, fitness nook, or additional storage. Retreat to the generously sized primary bedroom with direct access to a private covered terrace, where you can relax and enjoy spectacular city views. Additional conveniences include in-unit washer and dryer, a heated indoor garage parking space, and a private storage locker, all included with the home. Residents enjoy an exceptional collection of amenities, including a 24-hour door staff, outdoor pool and sundeck, fitness center, party room, and a dedicated dog run. Ideally located just two blocks from Grant Park and Lake Michigan, this premier address places you moments from the Museum Campus, theaters, world-class dining, shopping, public transportation, and everything that makes the South Loop one of Chicago's most desirable neighborhoods. Parking space being sold separately for an additional $30,000
Full Property Details
Full Property Details for 1400 S Michigan Ave #2505
General
- Price: $310,000
- HOA FEE: $600/month
- Taxes: $6,816 (2024)
- Status: Active
- Type: Condo
- Source: MRED
- MLS ID: 12688776
Interior
- Basement: None
- Interior Features: Storage
- Appliances: Range, Microwave, Dishwasher, Refrigerator, Freezer, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
- Flooring: Hardwood
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
- Bathroom Features: Soaking Tub
Bedrooms
- Total Bedrooms: 1
Additional Information
- Shared Amenities: Bike Room/Bike Trails, Door Person, Elevator in Residence, Exercise Room, Storage, On-Site Manager/Engineer, Party Room, Sundeck, Pool, Valet/Cleaner
- Other Features: Commuter Bus, Commuter Train, Interstate Access
Exterior
- Exterior Features: Balcony, Roof Deck, Dog Run
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 1
- Total Spaces: 1
- Parking Features: Garage Door Opener, Heated Garage, Yes, Deeded, Attached, Garage
Location
- Area: CHI - Near South Side
- County: Cook
- Township: South Chicago
- Driving Directions: Roosevelt to Michigan Ave. South to 14th St and Michigan Ave.
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, Doorman, Exercise Facilities, Exterior Maintenance, Scavenger, Snow Removal
- Pets Allowed: Yes
- Pets: Cats OK, Dogs OK
- Pet Restrictions: Cats OK, Dogs OK, / 999lbs.
- Mgmt. Company: GNP Realty
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)
- Model: CONDO
- Construction: Brick, Concrete
- Exterior Const.: Brick, Concrete
- Basement Desc.: None
- Windows: Screens
- Sub-Flooring: Hardwood
- Entry Floor Number: 25
- Stories/Levels: 28
- Square Feet: 826
- Sq. Ft. Source: Estimated
- Year Built: 2008
Unit Information
- Units in Building: 270
Manufactured Home
- Model: CONDO
Lot Features
- Lot Dimensions: COMMON
- Lot Features: Common Grounds
Animals
- Animals Allowed: Cats OK, Dogs OK
Financial Considerations
- Association Fee: $600
- Assoc Fee Freq.: Monthly
- Deeded Garage Cost: $30,000
- Assessment Year: 2008
- Tax Amount: $6,816.6
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Condo
- Property ID: 17221070801204
Listed by Baird & Warner
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Schools
Schools serving 1400 S Michigan Ave #2505
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 | 2.7 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
Tax History for 1400 S Michigan Ave #2505
Year
Property Taxes
Change
Tax Assessment
Change
2023
$6,591
—
$30,471
-2%
2023
$6,591
3%
$31,138
—
2022
$6,425
2%
$31,138
—
2021
$6,280
-6%
$31,138
4%
2020
$6,672
2%
$29,949
-8%
2019
$6,552
—
$32,609
—
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 1400 S Michigan Ave #2505
1400 S Michigan Avenue #2505, Chicago, IL 60605 (MLS# 12688776) is a Condo property with 1 bedroom and 1 full bathroom. 1400 S Michigan Avenue #2505 is currently listed for $310,000 and was received on June 25, 2026. Want to learn more about 1400 S Michigan Avenue #2505? 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.
