1250 S Michigan Ave, Unit 2802

Chicago, IL 60605

$1,075,000
Price
4
Beds
3,035 Sq. Ft.
$354 / Sq. Ft.
3,035
Sq. Ft.
$354
per Sq. Ft.
Compass Coming Soon
Compass Coming Soon

Description

Positioned on the coveted southeast corner of an exclusive high-rise, this extraordinary penthouse offers over 3,000 square feet of luxurious living-all on a single level-and is a true rarity in the city. A standout for its exceptional indoor-outdoor flow, this home boasts three private outdoor spaces, including a stunning 720 sq ft wrap-around terrace that extends from the kitchen, living, and dining areas with sweeping east and south exposures, plus north and west views that capture both iconic...Positioned on the coveted southeast corner of an exclusive high-rise, this extraordinary penthouse offers over 3,000 square feet of luxurious living-all on a single level-and is a true rarity in the city. A standout for its exceptional indoor-outdoor flow, this home boasts three private outdoor spaces, including a stunning 720 sq ft wrap-around terrace that extends from the kitchen, living, and dining areas with sweeping east and south exposures, plus north and west views that capture both iconic lake and skyline vistas. Inside, the residence has been thoughtfully reimagined by the current owners with a designer-renovated kitchen featuring custom cabinetry, a high-end appliance suite including a SubZero refrigerator and Wolf range, a spacious peninsula for entertaining, and an intimate in-kitchen dining area-perfect for everyday luxury. The open-concept layout flows seamlessly into the expansive living and dining rooms, enhanced by floor-to-ceiling windows, elegant crown molding, hardwood floors all flooded with beautiful natural light. Offering four generously sized bedrooms-each with access to an outdoor space-this home is ideal for both privacy and connection. The primary suite rivals those found in single-family homes, with ample room for a seating area and home gym, two custom walk-in closets, plush new carpeting, and a spa-caliber ensuite with dual vanities, a soaking tub, and a separate walk-in shower. Additional highlights include a fully built-out mudroom area near the second entry with abundant storage, black out roller shades in all bedrooms, and upgraded designer lighting throughout. Every detail has been curated for both function and elegance. Located just steps from Chicago's most beloved landmarks-Millennium Park, Grant Park, the Art Institute, Museum Campus, Soldier Field, the lakefront, and world-class dining-the home also offers effortless access to public transportation including train and bus lines, Lake Shore Drive, and major expressways. Two side-by-side heated garage parking spaces are available for $30k each, completing this rare offering of space, light, location, and unmatched outdoor living in the heart of the city.

Listing Agents

  1. Julie Busby

    Julie Busby

    Listing Agent

    Compass

    julie.busby@compass.com

    P: (312)-275-5714

    CallTextEmail
  2. Pamela Moran

    Pamela Moran

    Alternative Listing Agent

    Compass

    pamela.moran@compass.com

    P: (312)-714-4536

    CallTextEmail

Property Details for 1250 South Michigan Avenue, Unit 2802

Area
CHI - Near South Side
Township
South Chicago
Ownership
Condo
Num Of Garage Spaces
2.0
Num Of Parking Spaces
2.0
Parking Included in Price
No
Air Conditioning Type
Central Air
Num of Interior Fireplaces
0
LISTING UPDATED: 12/12/2025 03:41 PM

Property Details for 1250 South Michigan Avenue, Unit 2802

StatusActive ( Private )
MLS #12472942
Days on Market-
Taxes$35,224 / year
HOA Fees$3,414 / month
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeAttached Single / High Rise (7+ Stories)
Year Built2005
CountyCook County

Location

Add your commute

Building Information for 1250 South Michigan Avenue, Unit 2802

Building/Complex1250 S Michigan AveFloor28Stories29Residences229Pet PolicyAllowedPet Policy Details3Year Built2005

Payment Calculator

$11,661 per month

30 year fixed, 6.28% Interest

Principal and Interest

$5,312

Property Taxes

$2,935

HOA Dues

$3,414

The Payment Calculator is for illustrative purposes only.

Property Information for 1250 South Michigan Avenue, Unit 2802

General Information
School Information
  • Elementary School District: 299
  • Elementary School: South Loop Elementary School
  • High School District: 299
  • High School: Phillips Academy High School
  • Middle Or Junior School District: 299
Addtl Parking Information
  • Parking Details: Heated Garage, Yes, Garage Owned, Attached, Garage
Pet Information
  • Max Pet Weight: 100.0
  • Pet Information: Cats OK, Dogs OK, Pet Count Limitation, Pet Weight Limitation
Location and General Information
  • Front Exposure: North, South, East, West, City, Lake/Water
Taxes and HOA Information
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Water, Parking, Common Insurance, Security System, TV/Cable, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Internet Access
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Additional Parcels: Yes
Property Information
Interior Features
  • Interior Property Features: Storage, Walk-In Closet(s)
  • Common Area Amenities: Bike Room/Bike Trails, Door Person, Elevator, Exercise Room, Storage, On Site Manager/Engineer, Party Room, Sundeck, Pool-Outdoors, Receiving Room, Security Door Locks, Service Elevator
  • Num Of Rooms: 8
  • Bedrooms Total: 4
  • Bedrooms (Below Grade): 0
  • Bath Amenities: Separate Shower,Double Sink,Soaking Tub
  • Basement Type: None
  • Bedrooms Possible: 4
  • Air Conditioning: Central Air
  • Flooring: Hardwood
  • Dining Room: Combined w/ LivRm
  • Basement Bathrooms: No
  • Room Type: Terrace, Breakfast Room, Foyer, Walk In Closet
  • Num of Baths: 3.1
Exterior Features
  • Patio And Porch Features: Deck, Patio
  • Type: Condo,High Rise (7+ Stories)
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Lake Michigan
  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Wine Cooler/Refrigerator, Range Hood
  • Other Equipment: Fire Sprinklers
Property/Lot Information
  • Exterior Property Features: Balcony
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: Yes
  • Rehab Year: 2014
  • Built Before 1978: No
  • Age: 16-20 Years
  • Type Attached: Condo, High Rise (7+ Stories)
  • Total Sq Ft: 0
  • Aprox Total Finished Sq Ft: 0
  • Total Finished and Unfin Sq Ft: 0
  • Lot Description: Common Grounds
  • Lot Dimensions: COMMON
  • Stories Total: 29
  • Total # Units in Building: 228.0
  • Waterfront: No
  • Disability Access and/or Equipped: No
  • Construction: Brick
  • General Information: None
  • North Coordinate: 0
  • South Coordinate: 1250
  • East Coordinate: 100
  • West Coordinate: 0
  • Living Area Source: Estimated
  • Management: Manager On-site,Monday through Friday
  • Management Company: FS Residential
Property and Assessments
  • Public Document Count: 1
  • Document Date: 2025-09-16T13:47:26
  • Photos Count: 36
  • Rural: N
  • OpenHouse Count: 0
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Room Information
Master Bedroom Information
  • Master Bedroom Level: Main
  • Room Type: Master Bedroom
  • Master Bedroom Bath: Full
  • Master Bedroom Dimensions: 25X18
Bedroom #2 Information
  • 2nd Bedroom Level: Main
  • Room Type: Bedroom 2
  • Bedroom #2 Room Dimensions: 16X13
Bedroom #3 Information
  • 3rd Bedroom Level: Main
  • Room Type: Bedroom 3
  • Bedroom #3 Room Dimensions: 14X11
Bedroom #4 Information
  • 4th Bedroom Level: Main
  • Room Type: Bedroom 4
  • Bedroom #4 Room Dimensions: 15X11
Dining Room Information
  • Dining Room Level: Main
  • RoomType_DR: Dining Room
  • Dining Room Dimensions: COMBO
Family Room Information
  • Family Room Level: N/A
  • RoomType_FR: Family Room
Kitchen Information
  • Kitchen Level: Main
  • RoomType_KT: Kitchen
  • Kitchen Dimensions: 18X09
Laundry Information
  • Laundry Level: Main
  • Room Type: Laundry
  • Laundry Dimensions: 07X06
Living Room Information
  • Living Room Level: Main
  • Room Type: Living Room
  • Living Room Dimensions: 35X14
Terrace Information
  • Room Level: Main
  • Room Type: Terrace
  • Terrace Dimensions: 12X06
Walk In Closet 1 Information
  • Room Level: Main
  • Room Type: Walk In Closet
  • Dimensions: 08X07
Walk In Closet 2 Information
  • Room Level: Main
  • Room Type: Walk In Closet
  • Dimensions: 14X07
Foyer Information
  • Room Level: Main
  • Room Type: Foyer
  • Dimensions: 08X07
Breakfast Room Information
  • Room Level: Main
  • Room Type: Breakfast Room
  • Dimensions: 11X08

Property History for 1250 South Michigan Avenue, Unit 2802

DateEvent & SourcePriceAppreciation
Sep 16, 2025

Cancelled

MRED #12413883

$1,075,000—
Jul 8, 2025

Cancelled

MRED #12333783

$1,200,000—
Jul 8, 2025

Listed (Active)

MRED #12413883

$1,075,000—
May 16, 2025

Listed (Active)

MRED #12333783

$1,200,000—
May 9, 2025

Contingent

MRED #12333783

—
Apr 30, 2025

Listed (Active)

MRED #12333783

$1,200,000—
Apr 30, 2012

Sold

MRED #07990989

$866,000—
Mar 21, 2012

Pending

MRED #07990989

—
Feb 7, 2012

Listed (Active)

MRED #07990989

$864,900—
Jun 30, 2010

Expired

MRED #07409969

$1,100,000—
Jan 6, 2010

Listed (Active)

MRED #07409969

$1,299,000—
DateEvent & SourcePrice
09/16/2025

Cancelled

MRED #12413883

$1,075,000
07/08/2025

Cancelled

MRED #12333783

$1,200,000
07/08/2025

Listed (Active)

MRED #12413883

$1,075,000
05/16/2025

Listed (Active)

MRED #12333783

$1,200,000
05/09/2025

Contingent

MRED #12333783

—
04/30/2025

Listed (Active)

MRED #12333783

$1,200,000
04/30/2012

Sold

MRED #07990989

$866,000
03/21/2012

Pending

MRED #07990989

—
02/07/2012

Listed (Active)

MRED #07990989

$864,900
06/30/2010

Expired

MRED #07409969

$1,100,000
01/06/2010

Listed (Active)

MRED #07409969

$1,299,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1250 South Michigan Avenue, Unit 2802

Taxable ValueLand$8,830Additions$163,169Total$171,999
Tax Record2023$35,708 ($2,976 / month)
Home Facts
Beds0Lot Size36,693 SqFtStyleCondominiumYear Built2001CountyCOOKAPN17-22-101-043-1223

Schools near 1250 South Michigan Avenue, Unit 2802

This home is within Chicago Public Schools.
Rating
School
Type
Grades
Distance
South Loop Elementary School
Public - PK to 8
Phillips Academy High School
Public - 9 to 12
Art in Motion Charter School
Charter - 7 to 11
York Alternative High School
Public - 9 to 12
Rating
School
Distance
South Loop Elementary School
PublicPK to 8

Phillips Academy High School
Public9 to 12

Art in Motion Charter School
Charter7 to 11

York Alternative High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 1250 South Michigan Avenue, Unit 2802, Chicago, IL 60605

1250 South Michigan Avenue, Unit 2802 is a condo Coming Soon in Chicago, IL 60605. This property is currently priced at $1,075,000. This listing's school district is Chicago Public Schools. Nearby schools include South Loop Elementary School, Phillips Academy High School and Art in Motion Charter School. 1250 South Michigan Avenue, Unit 2802 is a 4-bed, 4-bath, 3,035 sqft condo built in 2005.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/12/2025 03:41 PM. 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.