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Image 1 - 777 North Michigan, 777 North Michigan Avenue, Chicago, IL 60611, USA - Condo for sale

Image 2 - 777 North Michigan, 777 North Michigan Avenue, Chicago, IL 60611, USA - Condo for sale

Image 3 - 777 North Michigan, 777 North Michigan Avenue, Chicago, IL 60611, USA - Condo for sale

Image 4 - 777 North Michigan, 777 North Michigan Avenue, Chicago, IL 60611, USA - Condo for sale

Image 5 - 777 North Michigan, 777 North Michigan Avenue, Chicago, IL 60611, USA - Condo for sale

Image 6 - 777 North Michigan, 777 North Michigan Avenue, Chicago, IL 60611, USA - Condo for sale

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Image 8 - 777 North Michigan, 777 North Michigan Avenue, Chicago, IL 60611, USA - Condo for sale

Condo For Sale In Chicago, Illinois

777 North Michigan, 777 North Michigan Avenue, Chicago, IL 60611, USA

Condo For Sale In Chicago, Illinois

condo for sale

3 views

Listed: 02/11/24

777 North Michigan, 777 North Michigan Avenue, Chicago, IL 60611, USA

Studio Bed:

1 Bath:

550 Sq Ft Living Area:

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Price

$ 152,995

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About This Condo

Location, Location, Location! Wonderful owner-occupied rehab opportunity to add your customized finishing touches. New to the market is this spacious studio located on the infamous Magnificent Mile in the heart of Chicago. From this incredible location, you are only seconds from Water Tower Place, Bloomingdales, Nordstrom, Northwestern Hospital, Nightlife, Restaurants, and Chicago's top beaches. For the coffee lovers out there, the world's largest Starbucks is located directly across the street. On top of that, the building offers resort-like amenities, including 24-hour door staff, a fantastic outdoor heated rooftop pool with cabanas, grills, and incredible panoramic city views. The building also provides a new fitness center with yoga classes, dry cleaners, package delivery service, in-building valet parking, and access to Walgreens 24 hours a day from the residents-only entrance located in the main lobby.

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Original listing

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Magnificent Mile Housing & Living

Average sale prices for condos

1 bed

2 bed

3 bed

Show as List Show as Graph

Month	Median Price
Apr 2024	$429,985 (+31.5%)
Mar 2024	$327,027 (-13.2%)
Feb 2024	$376,825 (0%)
Jan 2024	$376,825 (0%)
Dec 2023	$376,825 (-12.3%)
Nov 2023	$429,746 (+9.9%)

In April 2024, the asking price for 1 bed condos for sale in/near Magnificent Mile, Chicago, United States averaged $429,985, an increase of 31.5% from the previous month.

Median price trends for properties for sale in Magnificent Mile, Chicago, United States as of April 2024.

Household Income

Median household income: $57,238

Number of households: 1,1M

The average household income in Chicago, IL grew from $55,295 to $57,238 in the past year. This data is an estimate based upon 1,1M households in Chicago, IL.
The chart below presents how household income is distributed in Chicago, IL in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Chicago, IL compared to median property taxes around the country. The prevalent amount of property taxes in Chicago, IL equals $3k+ , which is more than the national average.

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