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Image 1 - 1250 S Michigan Ave Unit 504, Chicago, Illinois, 60605 - Condo for sale

Image 2 - 1250 S Michigan Ave Unit 504, Chicago, Illinois, 60605 - Condo for sale

Image 3 - 1250 S Michigan Ave Unit 504, Chicago, Illinois, 60605 - Condo for sale

Image 4 - 1250 S Michigan Ave Unit 504, Chicago, Illinois, 60605 - Condo for sale

Image 5 - 1250 S Michigan Ave Unit 504, Chicago, Illinois, 60605 - Condo for sale

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Image 7 - 1250 S Michigan Ave Unit 504, Chicago, Illinois, 60605 - Condo for sale

Image 8 - 1250 S Michigan Ave Unit 504, Chicago, Illinois, 60605 - Condo for sale

Condo For Sale In Chicago, Illinois

1250 S Michigan Ave Unit 504, Chicago, Illinois, 60605

Condo For Sale In Chicago, Illinois

condo for sale

3 views

Listed: 06/07/24

1250 S Michigan Ave Unit 504, Chicago, Illinois, 60605

1 Bed:

1 Bath:

850 Sq Ft Living Area:

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Price

$ 288,000

Price: Average

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About This Condo

City living at its finest! Located in highly sought-out South Loop, this original-owner extremely well maintainedTRUE 1bedroom 1 bathroom condo boasts hardwood floors throughout, granite kitchen countertops, new stainless-steel appliances, and new in-unit laundry! Located across the street from Columbia College, no building obstructs your city view from the balcony! Ceiling to floor windows allow for so much natural sunlight throughout the entire day. HVAC replaced in 2022. Impeccably maintained building with amenities including outdoor swimming pool and terrace, herb garden for use, indoor recreation room, fitness center, yoga room, botanical garden, dog run, and 24-hour doorman. Indoor heated garage, parking space 211 included in the price! Solid building with over$1, 900, 000in reserves. Make this condo yours today!

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South Loop Housing & Living

Average sale prices for condos

1 bed

2 bed

Show as List Show as Graph

Month	Median Price
May 2024	$276,659 (-1.5%)
Apr 2024	$280,923 (-3.2%)
Mar 2024	$290,158 (+0.6%)
Feb 2024	$288,514 (0%)
Jan 2024	$288,514 (0%)
Dec 2023	$288,514 (+5.9%)

In May 2024, the asking price for 1 bed condos for sale in/near South Loop, Chicago, United States averaged $276,659, a decrease of 1.5% from the previous month.

Median price trends for properties for sale in South Loop, 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.