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1515 Michigan Ave Lofts

1525 S MICHIGAN - South Loop Condo

About 1515 Michigan Ave Lofts

This is just one Chicago condo building in the great South Loop neighborhood that offers quality construction, spacious units and all the modern conveniences you need to live in comfort and modern luxury. Located at 1525 S. Michigan Ave, this development offers 52 individual units with a number of layouts and assigned/deeded parking for residents' vehicles.

In this day and age, there are some essential elements that we just expect to have in our urban dwellings, while other features are an added bonus that make the city lifestyle that much sweeter. The units at 1525 S. Michigan incorporate the basic necessities with a touch of luxury, from the handy building services and facilities to the amenities of your private abode. The building's floorplans, which include anywhere from 1 to 2 bedrooms, come in all different square footages to suit the needs of homeowners with varying family sizes. The average master bedroom is 140 square feet, although some can be as large as 169 square feet. The second bedroom is typically 132 square feet, still a good amount of space for the growing members of the household, or a great spot for the home office. And, in case your family includes a lovable cat or dog (or fish or bird, etc.), the building is pet-friendly.

The price per square foot for property at 1525 S. Michigan is $281. From listing to closing, the standard length of time a unit in this building stays on the market is 82 days. In regards to properties that are currently for sale, the average number of days a 1-bedroom unit has been listed for is around 60. There are currently few 1-bedroom residences available in this South Loop development that maintain an average listing price around just or slightly above the market price. In addition to the upfront price for real estate in this striking residential structure, it's helpful to know how much assessments and taxes are, since you'll be paying those on top of the mortgage. For this particular building, the average assessments are $248 per month and taxes cost $2,545 per year.

  • Neigborhood: South Loop
  • Total Number of Units: 52
  • Year Built: 1928
  • Air Conditioning: CEN AIR
  • Exterior: BR, ST
  • Common Amenities: ELEVATOR, STORAGE, S
  • Garage: NONE
  • Parking: ASSGND-1, OFF STREET
  • Pet Policy: CATS OK, DOGS OK

Available Units

Unit #104 - $245,000 - 1 bed/1 bath

Learn More About 1515 Michigan Ave Lofts

    Condo Buildings Near 1515 Michigan Ave Lofts

    Schools In The South Loop Area

    See grade levels, address, and scores for schools in the South Loop area.

    School Type Grade Rating

    Drake Elementary School

    2710 South Dearborn St - public

    Preschool - Middle PK-8
    1

    Galileo Elementary Math & Sci Schol Acd

    820 South Carpenter St - public

    Elementary - Middle K-8
    8

    Chicago International Charter School

    11 E Adams St Ste 600 - charter

    Preschool - High PK-12
    1

    National Teachers Elementary Academy

    55 West Cermak Road - public

    Preschool - Middle PK-8
    4

    Santa Lucia School

    3017 South Wells Street - private

    Preschool - Middle PK-8
    NR

    St. Jerome School

    2801 S Princeton Ave - private

    Preschool - Middle PK-8
    NR

    De La Salle Institute

    3455 S Wabash Ave - private

    High 9-12
    NR

    Daystar School

    1550 S. State Street - private

    Preschool - Middle PK-8
    NR

    Williams Multiplex Elementary School

    2710 South Dearborn St - public

    Preschool - Elementary PK-5
    NR

    Jane Addams High School

    1814 S Union Ave - private

    High 9-12
    NR

    Village Leadership Academy

    800 S Wells St Ste 90 - private

    Preschool - Middle PK-7
    NR

    Pershing West Elementary Magnet School

    3200 South Calumet Ave - public

    Elementary - Middle 4-8
    NR

    Old St. Marys School

    1474 S. Michigan Ave - private

    Preschool - Middle PK-8
    NR

    British International School of Chicago, South Loop

    161 W. 9th Street - private

    Preschool - High PK-12
    NR

    Pilsen Elementary Community Academy

    1420 West 17th St - public

    Preschool - Middle PK-8
    3

    Jungman Elementary School

    1746 South Miller St - public

    Preschool - Middle PK-8
    4

    Jones College Prep High School

    700 South State Street - public

    High 9-12
    10

    St Therese School

    247 West 23rd Street - private

    Preschool - Middle PK-8
    NR

    St Procopius School

    1625 South Allport Street - private

    Preschool - Middle PK-8
    NR

    Renaissance Preparatory School

    719-721 S State St - private

    Elementary, High 4, 10-12
    NR

    School data provided by GreatSchools.School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly. GreatSchools Ratings provided by GreatSchools.org.

    1525 S Michigan Floorplan -