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Image 1 - Michigan Ave, Michigan Terrace Condos, 535 North Michigan Avenue, Chicago, IL 60611, USA - Condo for sale

Image 2 - Michigan Ave, Michigan Terrace Condos, 535 North Michigan Avenue, Chicago, IL 60611, USA - Condo for sale

Image 3 - Michigan Ave, Michigan Terrace Condos, 535 North Michigan Avenue, Chicago, IL 60611, USA - Condo for sale

Image 4 - Michigan Ave, Michigan Terrace Condos, 535 North Michigan Avenue, Chicago, IL 60611, USA - Condo for sale

Image 5 - Michigan Ave, Michigan Terrace Condos, 535 North Michigan Avenue, Chicago, IL 60611, USA - Condo for sale

Image 6 - Michigan Ave, Michigan Terrace Condos, 535 North Michigan Avenue, Chicago, IL 60611, USA - Condo for sale

Image 7 - Michigan Ave, Michigan Terrace Condos, 535 North Michigan Avenue, Chicago, IL 60611, USA - Condo for sale

Image 8 - Michigan Ave, Michigan Terrace Condos, 535 North Michigan Avenue, Chicago, IL 60611, USA - Condo for sale

Condo For Sale In Chicago, Illinois

Michigan Ave, Michigan Terrace Condos, 535 North Michigan Avenue, Chicago, IL 60611, USA

Condo For Sale In Chicago, Illinois

condo for sale

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Listed: 05/15/24

Michigan Ave, Michigan Terrace Condos, 535 North Michigan Avenue, Chicago, IL 60611, USA

1 Bed:

1 Bath:

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Price

$ 210,000

Price: Lower

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About This Condo

Tastefully updated 1 bedroom in the highly sought-after Michigan Terrace building. The kitchen was just freshly renovated with all new quartz countertops, white dovetail soft-close cabinets, a stainless steel fridge, stove, dishwasher, sink and faucet. New stylish flooring in foyer and kitchen. This unit has plenty of storage with both a full size closet in the foyer, linen closet by the bathroom, as well as a double closet in the bedroom. The bay window provides the unit with ample light, and city views from the 22nd floor that never get old. Located on Michigan Avenue you are within walking distance to public transportation, Target, Wholefoods, Michigan Ave Shopping, plenty of restaurants, Lake Michigan, Chicago Riverwalk, and more. Building amenities include an exercise room, indoor pool, sundeck, party room, and 24/7 doorman. Garage parking available for rent from Metro Parking in building. Investor friendly, no rental cap! Property being sold AS-IS!

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Condos for sale in Chicago

Original listing

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House

840 Sq Ft

Doorman

Roof Deck

Pool

Range

Air Conditioning

Microwave

Architecture High Rise

Hardwood Floors

Parking

Dishwasher

Chicago Housing & Living

Average sale prices for condos

Studio

1 bed

2 bed

3 bed

4+ bed

Show as List Show as Graph

Month	Median Price
May 2024	$263,986 (-5.3%)
Apr 2024	$278,717 (+2.2%)
Mar 2024	$272,792 (0%)
Feb 2024	$272,792 (0%)
Jan 2024	$272,792 (-2.5%)
Dec 2023	$279,805 (+8.3%)

In May 2024, the asking price for 1 bed condos for sale in/near Chicago, United States averaged $263,986, a decrease of 5.3% from the previous month.

Median price trends for properties for sale in Chicago, United States as of May 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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