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Image 1 - 1250 S Michigan Ave Unit 501, Chicago, Illinois, 60605 - Condo for sale
Image 2 - 1250 S Michigan Ave Unit 501, Chicago, Illinois, 60605 - Condo for sale
Image 3 - 1250 S Michigan Ave Unit 501, Chicago, Illinois, 60605 - Condo for sale
Image 4 - 1250 S Michigan Ave Unit 501, Chicago, Illinois, 60605 - Condo for sale
Image 5 - 1250 S Michigan Ave Unit 501, Chicago, Illinois, 60605 - Condo for sale
Image 6 - 1250 S Michigan Ave Unit 501, Chicago, Illinois, 60605 - Condo for sale
Image 7 - 1250 S Michigan Ave Unit 501, Chicago, Illinois, 60605 - Condo for sale
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Image 9 - 1250 S Michigan Ave Unit 501, Chicago, Illinois, 60605 - Condo for sale
Condo For Sale In Chicago, Illinois
1250 S Michigan Ave Unit 501, Chicago, Illinois, 60605

Condo For Sale In Chicago, Illinois

condo for sale
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Listed: 06/11/24

1250 S Michigan Ave Unit 501, Chicago, Illinois, 60605

2 Bed:
2 Bath:
1,300 Sq Ft Living Area:
Save
Price
$ 410,000
Price:  Lower

About This Condo

Unique 5th floor condo with huge 250 sq ft private terrace. Enjoy relaxing while overlooking the pool and gardens or grilling outdoors. Fitness rm, Clubhouse, Multi-purpose rm and Pool are on the same floor right next door - it feels like your own Spa. This spacious unit features many upgrades; Open floor plan kitchen, granite counters, SS appliances, hardwood floors, floor to ceiling windows, custom window treatments and stacked in unit laundry. The Primary Bedroom features an ensuite full-bathroom with soaking tub, separate shower, double sink vanity and huge walk-in closet. The building offers a dog run, sundeck, heated pool, 24-hr doorman, Garage parking space is available for an additional$30, 000.

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South Loop Housing & Living

Average sale prices for condos

1 bed
2 bed
Show as List Show as Graph
In May 2024, the asking price for 2 bed condos for sale in/near South Loop, Chicago, United States averaged $529,022, an increase of 14% 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.