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$255,000
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Property Description
Bright and sunny One-Bedroom Loft in the heart of Chicago's South Loop, offering a perfect blend of modern style and everyday convenience. Featuring hardwood floors, floor-to-ceiling windows that flood the space with natural light and an updated kitchen equipped with stainless steel appliances, brand new dishwasher and ample cabinetry. Other highlights include private east facing balcony and in unit Washer and Dryer. Located in a full-amenity building with 24-hour door staff, bicycle storage, and indoor access to South Loop Market, this investor-friendly property has no rental cap. Assessments cover everything but electric. Just steps from the Lakefront, Museum Campus, shopping, dining, parks, expressways, and public transit, this is truly a walk-to-everything location. Heated garage parking is available for an additional $30,000. Pet-friendly and move-in ready-welcome home!
Full Property Details
Full Property Details for 1720 S Michigan Ave #405
General
- Sold For: $255,000
- HOA FEE: $430/month
- Taxes: $4,484 (2024)
- Status: Closed
- Type: Condo
- Source: MRED
- MLS ID: 12573168
- Added to Site: 46 day(s) ago
Interior
- Interior Features: High Ceilings, Open Floorplan, Doorman, Granite Counters
- Appliances: Range, Microwave, Dishwasher, Refrigerator, 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, On-Site Manager/Engineer, Receiving Room, Security Door Lock(s)
- Equipment: Fire Sprinklers, Carbon Monoxide Detectors, Ceiling Fan(s)
Exterior
- Exterior Features: Balcony
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
- Driving Directions: Michigan Avenue just North of 18th Street
School Information
- School District: 299
- Midd School District: 299
- Elementary School: South Loop Elementary School
Community
- Assoc. Fees Include: Heat, Air Conditioning, Water, Insurance, TV/Cable, Exterior Maintenance, Scavenger, Snow Removal
- Pets Allowed: Yes
- Pet Restrictions: Cats OK, Dogs OK, / 999lbs.
- Mgmt. Company: Community Specialists
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Natural Gas, Forced Air
Utilities
- Water: Lake Michigan
Structural Information
- Structure Type: Condo, High-Rise (7 or More Stories)
- Construction: Glass, Concrete
- Exterior Const.: Glass, Concrete
- Basement Desc.: None
- Windows: Drapes
- Sub-Flooring: Hardwood
- Entry Floor Number: 4
- Stories/Levels: 33
- Square Feet: 750
- Sq. Ft. Source: Estimated
- Year Built: 2008
Unit Information
- Units in Building: 498
Lot Features
- Lot Dimensions: COMMON
Financial Considerations
- Association Fee: $430
- Assoc Fee Freq.: Monthly
- Parking Included: Yes
- Assessment Year: 2008
- Tax Amount: $4,484.89
- Tax Year: 2024
Disclosures and Reports
- Ownership: Condo
- Special Conditions: List Broker Must Accompany
- Property ID: 17223010701020
Listed by Jameson Sotheby's Intl Realty
Sold by Compass
Get Pre-Approved Today
Schools
Schools serving 1720 S Michigan Ave #405
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
South Loop Elementary School 1212 South Plymouth Court, Chicago, IL 60605 | PK-8 | 0.6 mi |
Phillips Academy High School 244 East Pershing Road, Chicago, IL 60653 | 12-11 | 2.4 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 1720 S Michigan Ave #405
Date
Details
Price
Change
Source
5/26/2026
Sold
$255,000
13.33%
MLS
4/24/2026
Listed
$225,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1720 S Michigan Avenue #405, Chicago, IL 60616 (MLS# 12573168) is a Condo property that was sold at $255,000 on May 26, 2026. Want to learn more about 1720 S Michigan Avenue #405? 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.

