Closed

$335,000

1250 Michigan Avenue, Chicago, IL 60605
1 Beds1 Baths0 sqft5 days
1250 Michigan Avenue·Chicago, IL 60605
1Bedrooms
1Bathrooms
0Sq Ft
2005Year Built
About This Home

Preferred South exposure with an oversized balcony, this unit spans over 850 sq. ft., making it one of the largest one-bedroom options in the South Loop. Recently rebuilt from top to bottom, this unit features an entirely new kitchen, bathroom, flooring, doors, finishes, lighting, and more-providing a rare opportunity for beautiful, maintenance-free living for years to come. The kitchen's clean-line, open design showcases oversized quartz countertops with a stunning waterfall edge. Designed for both cooking and entertaining, it includes a built-in barstool setup and pre-installed charging outlets, making it a versatile workstation as well. Thoughtfully planned lighting includes ample overhead fixtures, along with custom LED under-counter and under-cabinet lighting. All appliances are luxury-grade, including a chef's favorite gas range. Coordinating flooring and cabinetry flow seamlessly into the adjoining dining room buffet and living area, where a custom-built, extra-wide fireplace serves as a media center focal point. The living room extends naturally to the recessed outdoor patio, creating a wonderful indoor-outdoor flow. The open floorplan provides flexibility, offering a private patio, living room, dining room, and eat-in kitchen in a single cohesive space, ideal for daily living and entertaining alike. The bedroom accommodates any bed arrangement and receives abundant natural light through floor-to-ceiling windows, which also open to the private patio. The walk-in closet is fully customized and built-out for optimal storage. The oversized bathroom features an earthy tile and stone palette, creating a serene daily retreat. A soaking tub, extra counter space, and plentiful storage enhance the luxury finishes. The pet-friendly building offers exceptional amenities: 24-hour door staff, full-time maintenance, a gym, an outdoor pool with sundeck, a dog run, a party room, and more. Monthly assessments cover heat, AC, cooking gas, cable, internet, and all amenities, supported by substantial reserves of about $2 million, with no special assessments. Rentals are allowed after two years of ownership, and one premium garage space is included in the price. Perfectly located in the vibrant South Loop, the building is just half a block from Grant Park with immediate access to lakefront bike and running paths. The ultra-walkable neighborhood offers Trader Joe's, Jewel, restaurants, pubs, entertainment, and more. Minutes away, you'll find the Roosevelt retail complex with Best Buy, Target, Whole Foods, The Home Depot, Petco, and other conveniences.

MLS# 12185794Listed October 28, 2024Residential
Property Details

Beds & Baths

Total Bedrooms1
Total Bathrooms1
Full Baths1
Half Baths0
Total Rooms4

Size & Structure

Living Area0 sqft
Stories28
Garage Spaces1
Fireplaces1
Year Built2005
Lot SizeCOMMON

Location

CountyCook
TownshipSouth Chicago
Zip Code60605

Financial

List Price$335,000
Annual Taxes (2023)$5,397
Monthly Tax Est.$450
Parcel #17221010431105
Interior Features

Flooring

HardwoodCarpet

Heating

Natural GasForced Air

Cooling

Central Air

Basement

None

Laundry

In UnitLaundry Closet

Fireplace

Electric

Accessibility

Wheelchair Adaptable
Exterior & Lot

Construction

GlassConcrete

Exterior Features

Balcony

Patio & Porch

DeckPatio

Lot Features

Corner Lot
Utilities & Parking

Sewer

Public Sewer

Water Source

Public

Electric

Circuit Breakers

Parking

Garage Door OpenerHeated GarageOn SiteGarage OwnedAttachedGarage
HOA & Community
HOA Fee
$542
Monthly

HOA Includes

HeatAir ConditioningWaterGasParkingInsuranceDoormanTV/CableExercise FacilitiesPoolExterior MaintenanceLawn CareScavengerSnow RemovalInternet

Association Amenities

Bike Room/Bike TrailsDoor PersonElevator(s)Exercise RoomStorageOn Site Manager/EngineerParty RoomSundeckPoolReceiving Room
Tax & Financial
Annual Taxes
$5,397
Tax Year 2023
Monthly Tax Est.
$450
per month
Property Location

1250 Michigan Avenue, Chicago, IL 60605 — Cook County

$335,000
1250 Michigan Avenue
1 bd1 ba0 sqft
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
5 days on market
1-car garage
1 fireplace
COMMON
$5,397/yr taxes
$542 HOA (monthly)
$2,752
estimated monthly payment
Principal & Interest
$1,761/mo
Property Tax
$450/mo
HOA
$542/mo
$335,000
20% — $67,000
3%50%
6.875%
3%12%
Loan Amount
$268,000
Down Payment
$67,000

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
Compass
Agent: Santiago Valdez
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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