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Image 1 - 950 N Michigan Ave Apt 4904, Chicago, Illinois, 60611 - Condo for sale

Image 2 - 950 N Michigan Ave Apt 4904, Chicago, Illinois, 60611 - Condo for sale

Image 3 - 950 N Michigan Ave Apt 4904, Chicago, Illinois, 60611 - Condo for sale

Image 4 - 950 N Michigan Ave Apt 4904, Chicago, Illinois, 60611 - Condo for sale

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N Michigan Ave Apt , Chicago, Condo For Sale

950 N Michigan Ave Apt 4904, Chicago, Illinois, 60611

N Michigan Ave Apt , Chicago, Condo For Sale

condo for sale

Listed: 06/25/24

950 N Michigan Ave Apt 4904, Chicago, Illinois, 60611

3 Bed:

4.5 Bath:

5,000 Sq Ft Living Area:

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Price

$ 2,75M

Price: Lower

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About This Condo

One Magnificent Mile Penthouse: A Luxurious Oasis in Chicago! Discover the extraordinary One Magnificent Mile Penthouse, meticulously designed by the brilliant architect Bruce Graham. Graham, renowned for iconic structures like the John Hancock Center and Sears (Willis) Tower, has created a masterpiece here. This fully renovated luxury residence offers unparalleled views of Chicago's skyline, including Lake Michigan, Oak Street Beach, Lake Shore Drive, Navy Pier, and the Magnificent Mile. As you step inside, a dramatic gallery leads to spacious living areas-a large family room, separate dining room, and a private terrace accessible from five rooms. The modern kitchen boasts an oversized island and top-of-the-line stainless steel appliances, including Sub-Zero, Wolf, and Viking. Imagine cooking with the cityscape as your backdrop! … Full description

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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
May 2024	$3,063,396 (+43.1%)
Apr 2024	$2,140,651 (+0.7%)
Mar 2024	$2,126,597 (+3.4%)
Feb 2024	$2,055,787 (0%)
Jan 2024	$2,055,787 (0%)
Dec 2023	$2,055,787 (-23.5%)

In May 2024, the asking price for 3 bed condos for sale in/near Magnificent Mile, Chicago, United States averaged $3,063,396, an increase of 43.1% from the previous month.

Median price trends for properties for sale in Magnificent Mile, 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.