Address
1720 S Michigan Avenue # 401, Chicago, IL
Price
$ 424,900
Property Attributes
  • MLS#11739461
  • TypeCondos
  • CountyCOOK
  • CityChicago
  • AreaCHI - Near South Side
  • NeighborhoodWabash Corridor
  • Zip60616
  • StyleCondo,Condo-Loft,High Rise (7+ Stories)
  • Year Built2006
  • Taxes$ 8617
  • Price$ 424,900
  • Bedrooms3
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1391
Data Source:
Midwest Real Estate Data (MRED)
Property Description

The entranceway opens to soaring 10' ceilings. Every room has floor to ceiling windows providing incredible natural light! The raw concrete ceilings and some accent walls add modern, industrial solid design elements contrasting with expansive floor to ceiling glass windows. This exceptional 3-bedroom condo features a rare 314 sq./ft. wrap-around terrace facing the north downtown skyline and east-- one of only 7 units in the building to have this much outdoor space! Modern kitchen features east facing floor to ceiling window, 42" cabinetry, granite counters, Frigidaire and Samsung stainless steel appliances along with a custom backsplash. Living room/dining space has floor to ceiling windows on north and east walls and features access to the spacious private wrap around terrace. Ideal for entertaining! Primary bedroom suite with walk in California closet, carpeting, spacious bath features dual vanity and deep soaking tub and floor to ceiling east facing window. Both additional bedrooms feature organized California closets and floor to ceiling north facing windows, carpeting. Hardwood in living areas, LED lighting, solid core doors & custom floor to ceiling treatments throughout. Prime heated parking space included!! AND a fantastic California organized in unit storage room with an oversized side by side Whirlpool washer and dryer. Building features 24 hour door staff, on-site management, gourmet market, dog run, receiving room and bike room. Easy access to I 90-94, I-55 and LSD, CTA red and green line. Dog park, playgrounds, Northerly Island, museums, Lake Michigan, Grant Park, restaurants . Investor friendly building! This condo qualifies for IHDA lending with an income max of $132,360 and debt to income ratio of 50% and a credit score minimum of 640. This program gives $6K at 0% for a 5 year forgivable loan as a second mortgage and a lower interest rate.

Elementary School Middle School High School
South Loop Elementary School South Loop Elementary School Phillips Academy High School
Price History
3/17/2023 Listed $529,000
4/14/2023 6% - $499,000
6/6/2023 5% - $474,900
7/7/2023 6% - $449,900
9/29/2023 2% - $444,900
10/10/2023 5% - $424,900

General Features

Additional Parcels Y/N Yes
Appliances Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
Assoc Fee Paid Per Monthly
Assoc Fees 777
Association Amenities Bike Room/Bike Trails, Door Person, Commissary, Elevator(s), On Site Manager/Engineer, Receiving Room, Security Door Lock(s), Service Elevator(s), Valet/Cleaner
Association Fee Includes Heat, Air Conditioning, Water, Gas, Parking, Insurance, Security, Doorman, TV/Cable, Exterior Maintenance, Scavenger, Snow Removal, Other
City Chicago
Cooling Central Air
County Cook
Days on Market 214
Directions Conveniently located on Michigan Ave. just north of 18th St. Close to all public transportation.
Electric Circuit Breakers
Elementary School South Loop Elementary School
Elementary School District 299
Exterior Features Balcony, Storms/Screens, End Unit
Garage Spaces 1
Heating Natural Gas, Electric
High School Phillips Academy High School
High School District 299
Interior Features Hardwood Floors, Laundry Hook-Up in Unit, Storage, Walk-In Closet(s), Ceiling - 10 Foot, Some Carpeting, Some Window Treatmnt, Doorman, Lobby, Shops, Some Wall-To-Wall Cp
MLS Area CHI - Near South Side
Middle/Junior High School South Loop Elementary School
Middle/Junior School District 299
New Construction No
Percent Ownership Condo
Pets Allowed Cats OK, Deposit Required, Dogs OK, Number Limit
Possession Closing, Immediate
Property Type Attached Single
Property Type Residential
Sewer Public Sewer
Standard Status Active
Status Active
Street Name Michigan
Sub Type Condo, Condo-Loft, High Rise (7+ Stories)
Tax Annual Amount 8617.64
Tax Year 2021
Total Rooms 6
Township South Chicago
Unit Number 401
Waterfront Y/N No
Year Built 2006

Interior Features

Basement None
Basement None
Bathrooom Double Sink, Soaking Tub
Bedrooms Possible 3
Full Baths 2
Laundry Features In Unit, Laundry Closet
Livingareasource Builder
Room Type Storage
Street Suffix Avenue
Total Baths 2
Total Bedrooms 3
Total Number of Units 498
Total Stories 33

Exterior Features

Living Area 1391
Exterior Glass, Concrete
Garage Onsite Yes
Garage Type Attached
Lot Dimensions COMMON
Other Equipment Fire Sprinklers, CO Detectors
Water Source Lake Michigan

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Pets
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Condos Average in 60616

Price
AVG $340K
$420K
Taxes
AVG $5,758
$8,617
Visits
AVG 180
763
Data Provided by Inside Real Estate®
Year Built
AVG 1982
2006
Walkscore
AVG 86
94
Data Provided by Walkscore® not using MLS data