1250 S Michigan Avenue 1408, Chicago, IL 60605

$335,000 Asking Price

1 bed
1 bath
861  sqft
Built in 2005

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.


Features & Amenities

Interior

General:
Elevator, Hardwood Floors, Storage, Built-in Features, Walk-In Closet(s), Bookcases, Some Carpeting, Dining Combo, Lobby
Rooms:
Walk In Closet, Balcony/Porch/Lanai
Master Bath:
Soaking Tub
Dining:
Combined w/ LivRm
Laundry:
In Unit, Laundry Closet
Basement:
None
A/C:
Central Air
Heating:
Natural Gas, Forced Air
Fireplace:
Electric, Fireplaces: 1
Disability Feature:
Yes

Exterior

General:
Glass,Concrete, Balcony, Deck, Patio, Above Ground Pool, In Ground Pool
Parking:
Garage, Parking spaces: 1

Location

HOA Amenities:
Bike Room/Bike Trails, Door Person, Elevator(s), Exercise Room, Storage, On Site Manager/Engineer, Party Room, Sundeck, Pool, Receiving Room, Heat, Air Conditioning, Water, Gas, Parking, Insurance, Doorman, TV/Cable, Exercise Facilities, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Internet, 542.0, Monthly
Originating MLS:
mred
School District:
299
County:
Cook

Lot

Zoning:
17221010431105

Utilities

Utilities:
Circuit Breakers
Water:
Public
Sewer:
Public Sewer

Financial

Source:
mred
Ownership:
Condo

This listing courtesy of:
Compass, Santiago Valdez

About Chicago, IL

Housing

Number of Units
1,208,010
Median Home Value
$320,169
Median Rent
$1,131

55.74% of housing units are renter occupied.

9.90% are vacant.

Commute

Car
44.88%
Public Transportation
19.46%
Walk to Work
4.26%
Work from Home
29.59%
Other
0.70%

The median travel time to work is 27 minutes.

People

Population
2,658,686
Median Age
36.40
Median Household Size
2.54

Education

High School
22.12%
Associate’s Degree
5.76%
Bachelor’s Degree
24.28%
Graduate Degree
17.51%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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