1 month on rocket

1160 S Michigan Ave Unit 3405, Chicago, IL, 60605

$860,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
2 Full Baths
1,929 SqFt
$446/SqFt
Condo

Location

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1160 S Michigan Ave Unit 3405, Chicago$860,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Attached Garage2 spaces
Year Built2007
HeatingNatural Gas, Forced Air
CoolingCentral Air
MLS #12131492
StatusActive

About 1160 S Michigan Ave Unit 3405

The most desirable corner in the elegant Columbian Condominiums on the 34th floor. This 3BR 2BA condo is almost 2000 sq ft with a 57 sq ft balcony and the best view in town. It looks over Grant Park to the Lake on the east and north to the the city and Navy Pier: there will never be a fireworks that you'll miss. No one will ever be able to build across from the building, so it is one of the very few sites left in Chicago that is truly view protected. The last 3BR on a floor over the 30th in this spectacular NE corner tier closed in 2022. These high floor units just never hit the market, but now is your opportunity to purchase one. Gleaming hardwood floors extend throughout the main living areas and down the hallways to the bedrooms. Each bedroom has high-end fine woven wool carpet. The 2 full baths have marble tiles on the walls and floors and granite countertops with undermounted sinks.The kitchen has wood cabinets and stainless steel appliances as well as granite countertops. This is one of the units in which the half bath was converted to a new laundry room and the original laundry was turned into a spacious pantry with a sliding translucent glass door off the kitchen. If you want the 1/2 bath to return, all the plumbing still exists for an easy conversion. Each room has hardwired power control shades that drop at the touch of a switch. The bedrooms have room darkening shades and the public rooms have lighter shades to block out the harsh morning sun but let in great light. TWO deeded parking spots, side by side are right off the elevator. They are included in the price. The assessment includes everything (even the parking) except for the electricity. Your heat and AC and cooking gas as well as hot water are included. The building has a terrific amenity floor on the 9th floor with outdoor gardens with grills and tables to eat and furniture for relaxing. Inside is a party room with a full kitchen, and a business center for private meetings. The top floor has the exercise room with fabulous views while you are working out. The location is incomparable. It's an easy walk or roll to the Museum Campus, the parks and the famous Lakefront bike/walking path. Around the corner are Trader Joes, Jewel Supermarket, coffee shops, restaurants and the CTA stop with trains connecting to everywhere in the city. Buses stop right outside. The Loop is just blocks to the north with everything that makes Chicago vibrant. Easy access to all of the highways too.

Property Details

Property Features

Property Information:

  • Year Built: 2007
  • Stories: 46
  • Living Area: 1,929 SqFt

Listing Office:

  • Office Name: The Margie Smigel Group, LLC
  • Office Phone: (312) 953-1466
  • Listing Agent: Margie Smigel

Interior Features

Interior Information:

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s), Gas Cooktop, Gas Oven
  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Balcony, Dog Run, Storms/Screens, End Unit, Cable Access

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes

Lot Features

Lot Information:

  • Lot: Corner Lot

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Phillips Academy High School, Public District Grades 9-12
  • South Loop Elementary School, Public District Grades PK-8

Other

Directions Information:

  • Directions: At the NW corner of Roosevelt and S. Michigan across from Grant Park.

Price Information

Listing Price Info

Price Summary:

  • List Price: $860,000
  • Price Per SqFt: $446/SqFt

HOA Fees:

  • Amount: $1363
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Chicago, IL.

Med. Sold Price

$355K

Med. Price/SqFt

$257

Avg. Days On Market

27

# of Sold Homes

2129

1160 S Michigan Ave Unit 3405 vs Chicago

43 DAYS ON ROCKET

+16 Days

$860,000

+$504.9K More

$446/SqFt

+$189 More

KEY TAKEAWAY

This property is $504.9K more than the Median Sold Price and $189/SqFt more than other homes in Chicago, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MRED
  • MLS Number: #12131492

Listing Office:

  • Office Name: The Margie Smigel Group, LLC
  • Office Phone: (312) 953-1466
  • Listing Agent: Margie Smigel

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Property Sales & Tax

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-154014
7
/10
  • South Loop Elementary School

  • 1212 S Plymouth Ct

  • 0.23 miles

  • Public District Grades PK-8

High School

school-card-donut-154015
1
/10
  • Phillips Academy High School

  • 244 E Pershing Rd

  • 3.01 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $69,737. Typical income of Chicago, IL residents is between $35k-100k annually. Most families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1160 S Michigan Ave Unit 3405

What is the listing price of this property?

The listing price of 1160 S Michigan Ave Unit 3405 property is $860,000.

What type of property is this?

The property 1160 S Michigan Ave Unit 3405 is a condo located in Chicago, Illinois, 60605.

Is this property for sale now?

Active Listing: 1160 S Michigan Ave Unit 3405 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1160 S Michigan Ave Unit 3405 are:
South Loop Elementary School: GreatSchools Rating 7/10
Phillips Academy High School: GreatSchools Rating 1/10

How many bedrooms and bathrooms does this property have?

The property at 1160 S Michigan Ave Unit 3405 has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 1160 S Michigan Ave Unit 3405 is 1,929 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1160 S Michigan Ave Unit 3405 is 2007.

Rocket Homes›Illinois›Cook County›Chicago›60605›1160 S Michigan Ave Unit 3405

This home is located at 1160 S Michigan Ave Unit 3405 in Chicago, IL and zip code 60605 in the Loop neighborhood. This 1,929 square foot home was built in 2007. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 08, 2024 and is currently priced at $860,000.

In August 2024, from all listings sold in Chicago, IL there were more than 775 sold above asking price, over 996 sold below and more than 357 were sold right at the asked price. The number of homes for sale in Chicago, IL increased by 8.2% between July 2024 and August 2024. The median list price of listings available in August 2024 was $355,029, while the average time on the real estate market was 27 days.

From Rocket Homes Real Estate and based on county public records data.

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