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Michigan Avenue Tower

1250 S MICHIGAN - South Loop Condo

About Michigan Avenue Tower

This handsome residential high-rise at 1250 S. Michigan is a condo development in Chicago's flourishing South Loop neighborhood that offers spacious units, quality construction and all the amenities you need to live in comfort and style. The tower was completed as recently as 2005, and it stands over Grant Park at an impressive 29 floors. From the individual unit features to the useful building services and facilities, this site is a homeowner's dream.

The units come in a number of layouts and offer residents a range of pricing to suit all family sizes and budgets. Generally speaking, the price per square foot for property at 1250 S. Michigan is $351, with an average square footage of 859. The smallest units offer 800 square feet of living space, while the largest ones encompass 970 square-foot floorplans. The maximum number of bedrooms available in this building is 3 which can be 143 square feet in area. On the other hand, if you don't need a lot of room, there are 1-bedroom units that are 132 square feet.

The standard length of time a unit in this building stays on the market is 186 days, although some take as long as 457 days to sell. Currently, there are a few 1-bedroom residences available at 1250 S. Michigan Ave. The average listing price for these units is $303,979 and the average sale price is $300,482. To give a better idea of the going rate for property in this particular building, a 1-bedroom here went for $331,500 in August of 2007.

In addition to the price of the units themselves, it is always helpful to know how much you're going to have to pay in taxes and assessments to live somewhere. For this great residential building, homeowners generally pay between $1,500 and $4,000 per year in taxes and an average of $260 in assessments each month.

One more thing, in case you have a little furry friend at home who is planning on making the move with you, this building welcomes pets. So go ahead and pack up the toys, leashes, litter boxes, and food dishes because Fido or Fluffy may just become the newest four-legged neighbor at the Michigan Avenue Tower.

  • Neigborhood: South Loop
  • Total Number of Units: 229
  • Year Built: NEW
  • Air Conditioning: CEN AIR
  • Exterior: BR
  • Common Amenities: BIKE ROOM/TRLS, DOOR
  • Garage: 2CAR GAR
  • Parking: 2 OR MORE
  • Pet Policy: CATS OK, DOGS OK
  • Close To The L
  • Close To The Lakefront
  • Close To A Bus Stop
  • Close To Public Parks
  • Close To A Dog Park
  • Has An Elevator
  • Has A Fitness Center
  • Has A Doorman
  • Has A Pool

Available Units

Unit #1607 - $300,000 - 1 bed/1 bath Unit #1207 - $289,000 - 1 bed/1 bath Unit #709 - $399,900 - 2 bed/2 bath Unit #2601 - $749,000 - 3 bed/2.1 bath

Learn More About Michigan Avenue Tower

    Condo Buildings Near Michigan Avenue Tower

    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

    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

    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

    Lawrence Hall-Lakewood

    65 East Wacker Place - private

    Elementary - High n/a
    NR

    City Of Chicago School District 299

    125 South Clark St -

    Preschool - High PK-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.

    1250 S Michigan Floorplan - 03, 04 Tiers