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$490,000
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Property Description
Spacious 3-bedroom corner unit in the heart of the South Loop, featuring a large private balcony and stunning floor-to-ceiling windows with beautiful Lake Michigan and city views. Updated with a modern kitchen, stainless steel appliances, hardwood floors, and a new ADT security system. Bright primary suite with walk-in closet, plus two additional bedrooms and two full baths. Flexible in-unit laundry room can double as an office or extra storage. Open-concept living and dining area perfect for entertaining. Full-service building with 24-hour door staff, on-site management, engineer, bike room, dog run, and convenient access to a grocery store. Heated deeded parking spot is available for $25,000. Prime location close to parks, restaurants, gyms, shopping, the lakefront, museums, and CTA access. Move-in ready-just bring your furniture!
Full Property Details
Full Property Details for 1720 S Michigan Ave #701
General
- Sold For: $490,000
- HOA FEE: $883/month
- Taxes: $9,064 (2024)
- Status: Closed
- Type: Condo
- Source: MRED
- MLS ID: 12607391
- Added to Site: 95 day(s) ago
Interior
- Interior Features: Elevator, Storage, Walk-In Closet(s)
- Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
- Flooring: Hardwood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Bathroom Features: Double Sink, Soaking Tub
Bedrooms
- Total Bedrooms: 3
Additional Information
- Shared Amenities: Bike Room/Bike Trails, Door Person, Elevator in Residence, Storage, On-Site Manager/Engineer, Receiving Room, Service Elevator(s)
Exterior
- Exterior Features: Balcony, Dog Run
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 1
- Total Spaces: 1
- Parking Features: Garage Door Opener, Heated Garage, Yes, Attached, Garage
Location
- Area: CHI - Near South Side
- County: Cook
- Driving Directions: Michigan Ave South to 18th St.
School Information
- School District: 299
- Midd 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: Heat, Air Conditioning, Water, Gas, Insurance, Security, Doorman, TV/Cable, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Internet
- Pets Allowed: Yes
- Pet Restrictions: Cats OK, Dogs OK, / 99lbs.
- Mgmt. Company: Community Specialists
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Natural Gas
Utilities
- Water: Lake Michigan, Public
- Onsite: Cable Available
Structural Information
- Structure Type: Condo, High-Rise (7 or More Stories)
- Construction: Glass, Concrete
- Exterior Const.: Glass, Concrete
- Basement Desc.: None
- Common Walls: End Unit
- Windows: Screens
- Sub-Flooring: Hardwood
- Entry Floor Number: 7
- Stories/Levels: 33
- Square Feet: 1,391
- Sq. Ft. Source: Plans
- Year Built: 2006
Unit Information
- Units in Building: 498
Lot Features
- Lot Dimensions: COMMON
Water Features
- Water View: Yes
- Water Front View: Side(s) of Property
Financial Considerations
- Association Fee: $883
- Assoc Fee Freq.: Monthly
- Parking Included: Yes
- Assessment Year: 2006
- Tax Amount: $9,064.07
- Tax Year: 2024
Disclosures and Reports
- Ownership: Condo
- Property ID: 17223010701041
Listed by AM Realty Management Inc.
Sold by @properties Christie's International Real Estate
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Schools
Schools serving 1720 S Michigan Ave #701
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 #701
Date
Details
Price
Change
Source
6/04/2026
Sold
$490,000
4.26%
MLS
4/03/2026
Listed
$470,000
—
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 #701, Chicago, IL 60616 (MLS# 12607391) is a Condo property that was sold at $490,000 on June 04, 2026. Want to learn more about 1720 S Michigan Avenue #701? 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.

