$295,000
1250 S Michigan Avenue #1000
Chicago, IL, 60605
Michigan Avenue Tower I at Michigan Avenue/South loop luxury high-rise. Two private balconies, one off the living room and one off the bedroom, both facing world famous Michigan Ave. with views of Grant Park and Navy Pier. Kitchen has upgraded cabinets & granite counters w/breakfast bar, white appliances; walk-in closet, in-unit washer & dryer. Marble vanity bath with ceramic tile floor. Hardwood floors in living areas. Newer HVAC installed less than 3 years ago, still under warranty. Storage cage in the garage. 24-hour doorman, onsite maintenance, outdoor pool and manicured rooftop park and dog run. Workout room and function room. Recent renovations in common areas elevate the Michigan Ave. living experience. Grant Park, Lake Front, grocery, drug stores and restaurants in walking distance. One garage parking space in heated covered garage sold for an additional cost. Low assessments include heat, air, gas, basic cable, high speed Internet, 24-hour doormen and package receiving, roof top pool, private park and dog run, storage cage, parking, function room and exercise room, both were recently updated. The reserve balance as if 7/31/24 is 2,025,670.45, and there are no special assessments. No rental cap but owners must live in their unit at least two years before renting. Monthly assessment includes heat, water, cooking gas, and cable / internet (provided by Astound). Parking spot #307 is located on 3rd floor of garage. Parking P307 assessment is 62.51/mo and 2023 650.35/yr tax bill. CAR contracts only. Parking #307 is additional 25,000. Move-in fee of 400 and refundable damage deposit of 400.
Property Details
Price:
$295,000
MLS #:
MRD12295301
Status:
Active
Beds:
1
Baths:
1
Address:
1250 S Michigan Avenue #1000
Type:
Condo
Neighborhood:
CHI – Near South Side
City:
Chicago
Listed Date:
Feb 20, 2025
State:
IL
Finished Sq Ft:
844
ZIP:
60605
Year Built:
2005
Schools
School District:
299
Interior
Appliances
Range, Microwave, Dishwasher, High End Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
Bathrooms
1 Full Bathroom
Cooling
Central Air
Heating
Natural Gas, Forced Air, Heat Pump
Laundry Features
Gas Dryer Hookup, In Unit, Laundry Closet
Exterior
Exterior Features
Balcony
Parking Spots
1
Roof
Rubber
Financial
HOA Fee
$435
HOA Frequency
Monthly
HOA Includes
Heat, Air Conditioning, Water, Gas, Insurance, Doorman, TV/Cable, Clubhouse, Exercise Facilities, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Internet
Tax Year
2023
Taxes
$6,244
Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.
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1250 S Michigan Avenue #1000
Chicago, IL
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