new - 1 day on rocket

1801 S Michigan Ave Unit 308, Chicago, IL, 60616

$279,000

Home List Price

$3,313*

Closing Credit

1 Bedroom
1 Full Bath
925 SqFt
$302/SqFt
Condo

Location

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1801 S Michigan Ave Unit 308, Chicago$279,000

Buyer Closing Credits

$3,313*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeCondominium
Attached Garage1 space
Year Built1901
HeatingNatural Gas, Forced Air
CoolingCentral Air
FireplaceGas Log, Gas Starter
MLS #12199963
StatusActive
(New)

About 1801 S Michigan Ave Unit 308

Experience elevated city living in this stunning lofted condo located in Chicago's vibrant South Loop. This unique one-bedroom unit stands out with separate spaces for the kitchen, dining room, and living room-an uncommon layout in the city. With original brick and timber construction, 14-foot ceilings, and expansive south- and east-facing windows, this corner unit is flooded with natural light. The kitchen features stainless steel appliances with updated countertops and a modern backsplash completed in 2021. The fully renovated bathroom (2021) boasts contemporary finishes, while the stunning hardwood floors throughout the unit enhance its timeless appeal. There is a dedicated parking spot (15,000) and a large storage unit in the basement. This lofted condo truly offers the best of both worlds-modern amenities combined with historic charm in a prime Chicago location. Don't miss the opportunity to make this South Loop gem your new home! Situated in the vibrant South Loop, this condo offers convenient access to everything that makes city living desirable. Just a short walk away, you'll find three major grocery stores, Grant Park, 18th street bridge to Soldier Field (Bears and Fire Games) Museum Campus, Northerly Island for concerts and events and the stunning lakefront with its bike paths and beaches. Public transportation options abound with easy access to the CTA Red, Orange, and Green lines, and direct access to Bus lines 1,3,4 across the street making your commute throughout the city a breeze. Plus, the nearby restaurants, cafes, and shopping to ensure you're never far from entertainment and essentials.

Property Details

Property Features

Property Information:

  • Year Built: 1901
  • Stories: 7
  • Living Area: 925 SqFt

Listing Office:

  • Office Name: Keller Williams Infinity
  • Office Phone: (630) 778-5800
  • Listing Agent: Anne Rosen

Interior Features

Interior Information:

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: No
  • Interior: Laundry Hook-Up in Unit
  • Fireplace: Gas Log, Gas Starter

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Exterior: Balcony, End Unit

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes

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
  • National Teachers Elementary Academy, Public District Grades PK-8

Other

Directions Information:

  • Directions: Roosevelt East to Michigan, South on Michigan to property

Price Information

Listing Price Info

Price Summary:

  • List Price: $279,000
  • Price Per SqFt: $302/SqFt

HOA Fees:

  • Amount: $437
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $3,777
  • Tax Year: 2019
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Housing Market Comparison

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

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Chicago, IL

City

Med. Sold Price

$358.8K

Med. Price/SqFt

$259

Avg. Days On Market

30

# of Sold Homes

1710

1801 S Michigan Ave Unit 308 vs Chicago

1 DAY ON ROCKET

-29 Days

$279,000

-$79.8K Less

$302/SqFt

+$43 More

KEY TAKEAWAY

This property is $79.8K less than the Median Sold Price and $43/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: #12199963

Listing Office:

  • Office Name: Keller Williams Infinity
  • Office Phone: (630) 778-5800
  • Listing Agent: Anne Rosen

IDX Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than the broker/agent who owns the website are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers.

All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/1/2024, 10:15:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 08, 2002Home Sold
$199,000

Tax History

YEARPROP. TAXASSESSMENT
2019$3,777$23,085
2018$4,560$23,085
2017$4,128$19,176

History based on county public records data.

Payment Calculator

$1,897

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$903

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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-1087390
6
/10

  • National Teachers Elementary Academy

  • 55 W Cermak Rd

  • 0.45 miles

  • Public District Grades PK-8

High School

school-card-donut-1087391
1
/10

  • Phillips Academy High School

  • 244 E Pershing Rd

  • 2.30 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $91,719. Residents of Chicago, IL typically earn between $35k-100k each year. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1801 S Michigan Ave Unit 308

What is the listing price of this property?

The listing price of 1801 S Michigan Ave Unit 308 property is $279,000.

What type of property is this?

The property 1801 S Michigan Ave Unit 308 is a condo located in Chicago, Illinois, 60616.

Is this property for sale now?

Active Listing: 1801 S Michigan Ave Unit 308 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1801 S Michigan Ave Unit 308 are:
National Teachers Elementary Academy: GreatSchools Rating 6/10
Phillips Academy High School: GreatSchools Rating 1/10

What is the annual property tax for this property?

According to the records, the last property tax for 2019 is $3,777 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on October 8, 2002 for $199,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1801 S Michigan Ave Unit 308 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 1801 S Michigan Ave Unit 308 is 925 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1801 S Michigan Ave Unit 308 is 1901.

Rocket Homes›Illinois›Cook County›Chicago›60616›1801 S Michigan Ave Unit 308

This home is located at 1801 S Michigan Ave Unit 308 in Chicago, IL and zip code 60616 in the Near South Side neighborhood. This 925 square foot home was built in 1901. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since October 30, 2024 and is currently priced at $279,000.

In September 2024, from all listings sold in Chicago, IL there were more than 575 sold above asking price, over 826 sold below and more than 308 were sold right at the asked price. The number of listings in Chicago, IL increased by 12.6% between August 2024 and September 2024. In September 2024, listings were on the market for 30 days. During the same period, the median list price in this real estate market was $358,841.

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

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