Closed

$450,000

1845 Michigan Avenue, Chicago, IL 60616
2 Beds2 Baths0 sqft7 days
1845 Michigan Avenue·Chicago, IL 60616
2Bedrooms
2Bathrooms
0Sq Ft
2003Year Built
About This Home

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!

MLS# 12320997Listed May 28, 2025Residential
Property Details

Beds & Baths

Total Bedrooms2
Total Bathrooms2
Full Baths2
Half Baths0
Total Rooms5

Size & Structure

Living Area0 sqft
Stories20
Garage Spaces1
Fireplaces0
Year Built2003
Lot SizeCOMMON

Location

CountyCook
TownshipSouth Chicago
Zip Code60616

Financial

List Price$450,000
Annual Taxes (2023)$4,590
Monthly Tax Est.$383
Parcel #17223071061001
Interior Features

Appliances

RangeMicrowaveDishwasherRefrigeratorWasherDryerStainless Steel Appliance(s)

Flooring

Hardwood

Heating

Natural GasForced Air

Cooling

Central Air

Basement

None

Laundry

Washer HookupIn UnitLaundry Closet
Exterior & Lot

Construction

Concrete

Patio & Porch

Deck
Utilities & Parking

Sewer

Public Sewer

Water Source

Lake MichiganPublic

Parking

ConcreteGarage Door OpenerOn SiteDeededAttachedGarage
HOA & Community
HOA Fee
$470
Monthly

HOA Includes

HeatAir ConditioningWaterGasParkingInsuranceExterior MaintenanceScavengerSnow Removal

Association Amenities

Elevator(s)Storage
Schools
Elementary
National Teachers Elementary Sch
District: 299
Middle School
National Teachers Elementary Sch
District: 299
Tax & Financial
Annual Taxes
$4,590
Tax Year 2023
Monthly Tax Est.
$383
per month
Property Location

1845 Michigan Avenue, Chicago, IL 60616 — Cook County

$450,000
1845 Michigan Avenue
2 bd2 ba0 sqft
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
7 days on market
1-car garage
COMMON
$4,590/yr taxes
$470 HOA (monthly)
$3,217
estimated monthly payment
Principal & Interest
$2,365/mo
Property Tax
$383/mo
HOA
$470/mo
$450,000
20% — $90,000
3%50%
6.875%
3%12%
Loan Amount
$360,000
Down Payment
$90,000

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

Listed by
Dream Town Real Estate
Agent: Loreal Urso
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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