ClosedPrice Reduced

$895,000

$1,000,000
950 Michigan Avenue, Chicago, IL 60611
3 Beds3 Baths0 sqft61 days
950 Michigan Avenue·Chicago, IL 60611
3Bedrooms
3Bathrooms
0Sq Ft
1984Year Built
About This Home

An exceptional opportunity to own a spacious residence in one of Chicago's most prestigious locations. Priced with renovation in mind, this home offers outstanding potential for a buyer looking to design and customize their own space. Located on the 43rd floor and spanning nearly 2,400 sqft, the residence offers an excellent floor plan with breathtaking lake and city views. facing east , north and west. The unit is ready for a complete renovation, to create a truly spectacular home tailored to your vision. Currently configured as a 2 bedroom residence, the original 3rd bedroom was converted into an oversized custom walk in closet, as shown on the floor plan. This space can easily be restored to a bedroom if desired. Situated at the corner of Michigan Avenue and Oak Street, this highly sought after address places you directly across from Oak Street Beach and just steps from the finest shopping, dining, and the lakefront along the Magnificent Mile. The building offers a private collection of residences with exceptional privacy and a refined luxury lifestyle. A rare opportunity to acquire a high floor residence in a premier location and transform it into a personalized luxury home. This residence is being offered in as is condition and presents an excellent opportunity for a buyer to complete a full renovation and customize the home to their own taste. Parking is valet to residents. One of the few units in the building with a storage locker available.

MLS# 12552074Listed January 23, 2026Residential
Property Details

Beds & Baths

Total Bedrooms3
Total Bathrooms3
Full Baths2
Half Baths1
Total Rooms6

Size & Structure

Living Area0 sqft
Stories56
Garage Spaces2
Year Built1984
Lot SizeCOMMON

Location

CountyCook
TownshipNorth Chicago
Zip Code60611

Financial

List Price$895,000
Original Price$1,000,000
Annual Taxes (2024)$14,596
Monthly Tax Est.$1,216
Parcel #17032070681110
Interior Features

Appliances

Humidifier

Heating

ElectricRadiantIndv ControlsZoned

Cooling

Central AirZoned

Basement

None
Exterior & Lot

Construction

Marble/Granite

Foundation

Reinforced Caisson

Exterior Features

BalconyHot TubRoof DeckOutdoor Grill

Patio & Porch

Deck

Lot Features

Corner Lot
Utilities & Parking

Sewer

Public Sewer

Water Source

Public

Electric

Circuit Breakers

Parking

YesLeasedAttachedGarage
HOA & Community
HOA Fee
$2,533
Monthly

HOA Includes

TV/CableInternet

Association Amenities

Bike Room/Bike TrailsDoor PersonElevator(s)Exercise RoomHealth ClubOn Site Manager/EngineerSundeckIndoor PoolReceiving RoomRestaurantSaunaSecurity Door Lock(s)Service Elevator(s)Valet/CleanerSpa/Hot Tub
Schools
Elementary
Ogden Elementary
District: 299
Middle School
Ogden Elementary
District: 299
Tax & Financial
Annual Taxes
$14,596
Tax Year 2024
Monthly Tax Est.
$1,216
per month
Price Reduced by $105,000
Original list price: $1,000,000
Property Location

950 Michigan Avenue, Chicago, IL 60611 — Cook County

$895,000
950 Michigan Avenue
3 bd3 ba0 sqft
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
61 days on market
2-car garage
COMMON
$14,596/yr taxes
$2,533 HOA (monthly)
Price reduced $105,000
$8,453
estimated monthly payment
Principal & Interest
$4,704/mo
Property Tax
$1,216/mo
HOA
$2,533/mo
$895,000
20% — $179,000
3%50%
6.875%
3%12%
Loan Amount
$716,000
Down Payment
$179,000

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

Listed by
Coldwell Banker Realty
Agent: Chezi Rafaeli
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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