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Property Description
Rare Corner Unit with Massive 300SF Private Terrace in the Heart of the South Loop! Prepare to be impressed by this rarely available 2-bedroom, 2-bath updated, corner condo featuring a large living area, floor to ceiling windows and an expansive private terrace perfect for entertaining. This light-filled unit is offered in the largest floor plan tier in the building boasting floor to ceiling windows, large living space and an open concept layout. You'll enjoy the recent updates to the unit which include bathrooms, kitchen, flooring, modern hardware and custom lighting. If you're looking for more, what truly sets this home apart is the oversized private terrace perfect for grilling, dining, gardening, entertaining or simply relaxing while enjoying skyline views. This kind of outdoor space is a rare find in city living and 1 of only 10 private terraces available in this modern highrise building. This unique addition lends itself to an unmatched level of comfort, space and versatility for your lifestyle while enjoying panoramic views of the city skyline. Additional highlights include in-unit laundry, custom closet cabinetry and a dedicated storage unit. Garage parking is available for an additional $25K. Assessments for this unit are a budget conscious $470 a month (with parking) and include water and gas utilities. This well maintained building has recently undergone major improvements, including but not limited to, a renovated lobby, new storage lockers, parking garage refresh, state-of-the-art security and building entry system, new make-up air unit, new boilers, new elevators and continued, meticulous maintenance of the common areas and facade. Ideally located in the vibrant South Loop, this home is just steps from acclaimed museums, restaurants, shopping, public transit, the 18th street bridge to Soldier Field, lakefront trails, great dog parks and everything the neighborhood has to offer. Don't miss your chance to enjoy the perfect blend of indoor luxury and rare outdoor living in one of Chicago's most desirable communities!
Full Property Details
Full Property Details for 1845 S Michigan Ave #601
General
- Sold For: $475,000
- HOA FEE: $470/month
- Taxes: $4,589 (2023)
- Status: Closed
- Type: Condo
- Source: MRED
- MLS ID: 12320997
- Added to Site: 236 day(s) ago
Interior
- Interior Features: Storage, Walk-In Closet(s), Open Floorplan, Granite Counters
- Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s)
- Flooring: Hardwood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Bathroom Features: Double Sink, Soaking Tub
Bedrooms
- Total Bedrooms: 2
Additional Information
- Shared Amenities: Elevator(s), Storage
- Equipment: Fire Sprinklers
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 1
- Total Spaces: 1
- Parking Features: Concrete, Garage Door Opener, On Site, Deeded, Attached, Garage
- Parking On-Site: Yes
Location
- Area: CHI - Near South Side
- County: Cook
- Driving Directions: 90/94 or LSD to Roosevelt, South on Michigan to Property
School Information
- School District: 299
- Midd School District: 299
- Elementary School: National Teachers Elementary Sch
- Middle School: National Teachers Elementary Sch
Community
- Assoc. Fees Include: Heat, Air Conditioning, Water, Gas, Parking, Insurance, Exterior Maintenance, Scavenger, Snow Removal
- Pets Allowed: Yes
- Pet Restrictions: Cats OK, Dogs OK, / 999lbs.
- Mgmt. Company: FORTH GROUP
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Natural Gas, Forced Air
Utilities
- Water: Lake Michigan, Public
Structural Information
- Structure Type: Condo
- Construction: Concrete
- Exterior Const.: Concrete
- Basement Desc.: None
- Common Walls: End Unit
- Windows: Screens
- Sub-Flooring: Hardwood
- Entry Floor Number: 6
- Stories/Levels: 20
- Sq. Ft. Source: Not Reported
- Year Built: 2003
- Remodeled/Updated: 2025
Unit Information
- Units in Building: 138
Lot Features
- Lot Dimensions: COMMON
Financial Considerations
- Association Fee: $470
- Assoc Fee Freq.: Monthly
- Parking Included: Yes
- Assessment Year: 2003
- Tax Amount: $4,589.84
- Tax Year: 2023
Disclosures and Reports
- Ownership: Condo
- Special Conditions: List Broker Must Accompany
- Property ID: 17223071061001
Listed by Dream Town Real Estate
Sold by Century 21 Realty Associates
Get Pre-Approved Today
Schools
Schools serving 1845 S Michigan Ave #601
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
National Teachers Elementary Academy 55 West Cermak Road, Chicago, IL 60616 | PK-8 | 0.4 mi |
Phillips Academy High School 244 East Pershing Road, Chicago, IL 60653 | 12-11 | 2.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1845 S Michigan Ave #601
Date
Details
Price
Change
Source
6/24/2025
Sold
$475,000
5.56%
MLS
5/28/2025
Listed
$450,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1845 S Michigan Avenue #601, Chicago, IL 60616 (MLS# 12320997) is a Condo property that was sold at $475,000 on June 24, 2025. Want to learn more about 1845 S Michigan Avenue #601? 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.

