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$335,000
1 Bed
1 Bath
861 SqFt
Acre Lot
Sqft Lot
Status Active Under Contract
Property Type Condominium
Price Type
Year Built 2005
Neighborhood
Days on Website 28

Property Map

$335,000 – 1250 S Michigan Avenue Unit 1408, Chicago, IL 60605

Street View

Courtesy of Compass {attribution_contact}

Description

Preferred South exposure with an oversized balcony, this unit spans over 850 sq. ft., making it one of the largest one-bedroom options in the South Loop. Recently rebuilt from top to bottom, this unit features an entirely new kitchen, bathroom, flooring, doors, finishes, lighting, and more-providing a rare opportunity for beautiful, maintenance-free living for years to come. The kitchen’s clean-line, open design showcases oversized quartz countertops with a stunning waterfall edge. Designed for both cooking and entertaining, it includes a built-in barstool setup and pre-installed charging outlets, making it a versatile workstation as well. Thoughtfully planned lighting includes ample overhead fixtures, along with custom LED under-counter and under-cabinet lighting. All appliances are luxury-grade, including a chef’s favorite gas range. Coordinating flooring and cabinetry flow seamlessly into the adjoining dining room buffet and living area, where a custom-built, extra-wide fireplace serves as a media center focal point. The living room extends naturally to the recessed outdoor patio, creating a wonderful indoor-outdoor flow. The open floorplan provides flexibility, offering a private patio, living room, dining room, and eat-in kitchen in a single cohesive space, ideal for daily living and entertaining alike. The bedroom accommodates any bed arrangement and receives abundant natural light through floor-to-ceiling windows, which also open to the private patio. The walk-in closet is fully customized and built-out for optimal storage. The oversized bathroom features an earthy tile and stone palette, creating a serene daily retreat. A soaking tub, extra counter space, and plentiful storage enhance the luxury finishes. The pet-friendly building offers exceptional amenities: 24-hour door staff, full-time maintenance, a gym, an outdoor pool with sundeck, a dog run, a party room, and more. Monthly assessments cover heat, AC, cooking gas, cable, internet, and all amenities, supported by substantial reserves of about $2 million, with no special assessments. Rentals are allowed after two years of ownership, and one premium garage space is included in the price. Perfectly located in the vibrant South Loop, the building is just half a block from Grant Park with immediate access to lakefront bike and running paths. The ultra-walkable neighborhood offers Trader Joe’s, Jewel, restaurants, pubs, entertainment, and more. Minutes away, you’ll find the Roosevelt retail complex with Best Buy, Target, Whole Foods, The Home Depot, Petco, and other conveniences.

Property Details and Features

Appliances & Equipment

  • Equipment: “TV-Cable”, “Fire Sprinklers”, “CO Detectors”, “Ceiling Fan(s)”

Basement

  • “None”
  • None

Bathrooms

  • 1 full bathroom

Bedrooms

  • 1 bedroom total

Building

  • Area: 861
  • Built in 2005
  • Rebuilt: Yes

Cooling

  • “Central Air”

Accessibility Features

  • Yes

Exterior Features

  • Features: “Balcony”, “Deck”, “Patio”, “Above Ground Pool”, “In Ground Pool”

Fireplaces

  • 1 fireplace
  • Location: Living Room

Garage

  • 1 space
  • Onsite
  • Ownership: Owned
  • Type: Attached

Heating

  • “Natural Gas”
  • “Forced Air”

Home Owner’s Association

  • Dues: $542
  • Dues Frequency: Monthly
  • Dues include: “Heat”, “Air Conditioning”, “Water”, “Gas”, “Parking”, “Insurance”, “Doorman”, “TV/Cable”, “Exercise Facilities”, “Pool”, “Exterior Maintenance”, “Lawn Care”, “Scavenger”, “Snow Removal”, “Internet”

Laundry

  • “In Unit”
  • “Laundry Closet”

Listing

  • 5 days on market
  • Listing Price: $335,000
  • Status: Contingent
  • Ownership: Condo

Location

  • Area: CHI – Near South Side
  • County: Cook

Lot

  • Features: “Corner Lot”
  • Dimensions: COMMON

Parking

  • Parking included in price
  • Parking Total: 1

Pets Policy

  • Description: “Cats OK”, “Dogs OK”, “Number Limit”

Sewer

  • “Public Sewer”

Utilities

  • Water Source: “Public”

Taxes

  • Annual Taxes: $5,397
  • Year: 2023
  • Exemptions: None

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