1845 S Michigan Avenue Unit 1407
Chicago, IL 60616
- 1 bed
- 1 bath
- 905 sqft
- $353 per sqft
- 2003 build
- – on site
Experience luxury living in this expansive one-bedroom unit featuring a substantial den and an elevated position offering captivating east-facing lake views. Recently refreshed, this residence boasts freshly painted walls, hardwood floors in living areas, creating an inviting atmosphere. The kitchen, adorned with granite countertops and stainless-steel appliances, pairs functionality with style. An updated bathroom and modern lighting enhance the contemporary feel of the space. Convenience meets practicality with the inclusion of an in-unit washer and dryer. Characterized by exposed concrete walls and ceilings, the floor-to-ceiling windows flood the rooms with natural light and offer breathtaking panoramic views. This property offers proximity to the serene Lake Shore, providing year-round enjoyment with its picturesque running trails adjacent to the lake. Situated in the vicinity of Soldiers Field, residents have easy access to a myriad of activities, including sports games and concerts, enhancing the vibrant atmosphere of the area. Additionally, residents benefit from strategic access to both the CTA red and green lines, facilitating seamless transportation, and providing convenient connectivity to various parts of the city. Perfect for investors or owner occupants as this building has no rental restrictions, making it an ideal investment opportunity. Moreover, it's pet-friendly. Don't miss the chance to own this remarkable property that combines modern convenience with stunning views and investment potential.
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Last updated May 5, 2024
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MLS# 12022292 —
Monthly cost estimate
Asking price
$320,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$1,713
|
| Taxes | $319 |
| Insurance | $88 |
| HOA fees | $400 |
| Utilities | $108 See report |
| Total | $2,628/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
4/18/24
Apr 18, 2024
|
Sold Subject To Contingencies | MRED | $320,000 | |
|
4/5/24
Apr 5, 2024
|
Listed / Active | MRED | $320,000 | |
|
4/4/24
Apr 4, 2024
|
Listed / Active | MRED |
33% of nearby similar homes sold for over asking price
Similar homes that sold in bidding wars went $15k above asking price on average, but some went as high as $40k over asking price.