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$225,000 Just Listed
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Property Description
Brand New Hardwood floor Installed in March 2026! Some MLS pictures do not reflect new flooring. Investor Special! Great rental unit for passive income and no rental cap. Tenant lease runs until 6/30/26 with market rent. Large sunny corner unit and only 2 blocks from lake Michigan, Lincoln Elementary school, and Main St.. Restaurant and shops are in walking distance. Laundry and large storage on-site. 1 Deeded parking is also included in the price. You will not want to miss this one! Agent-owned. Unit will be sold AS-IS.
Full Property Details
Full Property Details for 520 Michigan Ave #1E
General
- Price: $225,000
- HOA FEE: $571/month
- Taxes: $4,323 (2024)
- Status: Active
- Type: Condo
- Source: MRED
- MLS ID: 12519256
- Updated: 3/17/2026
- Added to Site: 6 day(s) ago
Interior
- Basement: None
- Interior Features: Storage
- Flooring: Hardwood
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Additional Information
- Other Features: Commuter Bus, Commuter Train, Non-Smoking Building
Parking
- Total Spaces: 1
- Parking Features: Yes, Owned
Location
- Area: Evanston
- County: Cook
- Township: Evanston
- Driving Directions: East on South Blvd, north on Michigan
School Information
- School District: 65
- Elem School District: 65
- Midd School District: 65
- High School District: 202
- Elementary School: Lincoln Elementary School
- Middle School: Nichols Middle School
- High School: Evanston Twp High School
- Private School: Evanston Twp High School
Community
- Assoc. Fees Include: Heat, Water, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
- Pets Allowed: Yes
- Pets: Cats OK, Dogs OK
- Pet Restrictions: Cats OK, Dogs OK, / 999lbs.
- Mgmt. Company: Sandco Management, INC
Heating & Cooling
- Cooling Type: Window Unit(s)
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Lake Michigan
Structural Information
- Structure Type: Condo
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: None
- Sub-Flooring: Hardwood
- Entry Floor Number: 1
- Stories/Levels: 3
- Square Feet: 825
- Sq. Ft. Source: Assessor
- Year Built: 1949
- Built Before 1978: Yes
Unit Information
- Units in Building: 27
Lot Features
- Lot Dimensions: Common
Animals
- Animals Allowed: Cats OK, Dogs OK
Financial Considerations
- Association Fee: $571
- Assoc Fee Freq.: Monthly
- Parking Included: Yes
- Assessment Year: 1949
- Tax Amount: $4,323.66
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Condo
- Property ID: 11194160241001
Listed by Baird & Warner
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Schools
Schools serving 520 Michigan Ave #1E
School Districts:Evanston Community Consolidated School District 65, Evanston Township High School District 202
| Name | Grades | Distance |
|---|---|---|
Lincoln Elementary School, Evanston, IL 910 Forest Avenue, Evanston, IL 60202 | K-5 | 0.5 mi |
Nichols Middle School 800 Greenleaf Street, Evanston, IL 60202 | 6-8 | 0.9 mi |
Evanston Twp High School 1600 Dodge Avenue, Evanston, IL 60201 | 9-12 | 2 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 520 Michigan Ave #1E
Date
Details
Price
Change
Source
3/11/2026
Listed
$225,000
38.04%
MLS
4/06/2022
Sold
$163,000
—
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 520 Michigan Ave #1E
Year
Property Taxes
Change
Tax Assessment
Change
2023
$4,060
30%
$16,770
-1%
2022
$3,133
11%
$16,906
21%
2021
$2,812
-1%
$13,926
—
2020
$2,834
4%
$13,926
-8%
2019
$2,735
8%
$15,103
19%
2018
$2,522
2%
$12,639
—
2017
$2,472
-4%
$12,639
—
2016
$2,567
-18%
$12,639
8%
2015
$3,130
74%
$11,673
—
2014
$1,797
31%
$11,673
—
2013
$1,372
-12%
$11,673
-32%
2012
$1,553
—
$17,053
—
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 520 Michigan Ave #1E
520 Michigan Avenue #1E, Evanston, IL 60202 (MLS# 12519256) is a Condo property with 2 bedrooms and 1 full bathroom. 520 Michigan Avenue #1E is currently listed for $225,000 and was received on March 11, 2026. Want to learn more about 520 Michigan Avenue #1E? Do you have questions about finding other Condo real estate for sale in Evanston? You can browse all Evanston real estate or contact a Coldwell Banker agent to request more information.

