1525 S Michigan Avenue Unit 405
Chicago, IL 60605
- 2 beds
- 1 bath
- – sqft
- 1904 build
- – on site
Penthouse floor condo in boutique elevator building on Michigan avenue in the heart of Chicago's vibrant south loop! This recently renovated 2 bed / 1 bath unit features a spacious and versatile open concept layout with ample room for living and formal dining. The updated kitchen is beautiful with quartz countertops, painted cabinetry, custom reclaimed-wood along kitchen island, and stainless steel appliances. Two full bedrooms both receive ample natural light with skylights. This condo also features a wood burning fireplace, newly finished with quartz stone, as well as a private balcony and in-unit laundry. Unbeatable location - short distance to Lake Michigan access, parks, museum campus, Grant Park, Chicago's Cultural Mile, and all the restaurants and retail that Chicago's South Loop has to offer. Garage parking is included in the price!
Last checked:
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Last updated Apr 23, 2025
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MLS# 12341035 —
The Building
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Year Built:1904
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Rebuilt:No
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New Construction:false
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Construction Materials:Brick
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Basement:None
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Exterior Features:Balcony, Roof Deck
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Patio And Porch Features:Deck
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Disability Access:No
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Stories Total:4
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Living Area Source:Not Reported
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Entry Level:4
Interior
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Room Type:No additional rooms
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Rooms Total:5
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Interior Features:Storage
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Fireplaces Total:1
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Fireplace Location:Living Room
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Laundry Features:Washer Hookup, In Unit, Laundry Closet
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Flooring:Hardwood
Location
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Directions:Roosevent to Michigan, south to property
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Location:3104
The Property
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Parcel Number:17221080791075
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Property Type:Residential
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Lot Features:Common Grounds
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Lot Size Dimensions:COMMON
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Waterfront:false
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Additional Parcels:true
Listing Agent
- Contact info:
- Agent phone:
- (312) 401-9176
- Office phone:
- (847) 432-0500
Taxes
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Tax Year:2023
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Tax Annual Amount:6694.47
Beds
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Bedrooms Total:2
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Bedrooms Possible:2
Baths
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Baths:1
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Full Baths:1
The Listing
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Special Listing Conditions:None
Heating & Cooling
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Heating:Other
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Cooling:Central Air
Utilities
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Sewer:Public Sewer
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Water Source:Lake Michigan, Public
Appliances
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Appliances:Range, Microwave, Dishwasher, Refrigerator, Freezer, Washer, Dryer, Disposal
Schools
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Elementary School District:299
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Middle Or Junior School District:299
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High School District:299
The Community
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Pets Allowed:Cats OK, Dogs OK, Number Limit
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Association Amenities:Elevator(s), Storage, Sundeck, Security Door Lock(s)
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Association Fee:472
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Association Fee Includes:Water, Parking, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Internet
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Association Fee Frequency:Monthly
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Master Assoc Fee Frequency:Not Required
Parking
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Parking Total:1
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Parking Features:On Site, Garage Owned, Attached, Garage
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Garage Spaces:1
Monthly cost estimate

Asking price
$375,000
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. |
$2,008
|
Taxes | $557 |
Insurance | $103 |
HOA fees | $472 |
Utilities | N/A |
Total | $3,140/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).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
4/23/25
Apr 23, 2025
|
Listed / Active | MRED | $375,000 | 53.1% (4.6% / YR) |
9/11/13
Sep 11, 2013
|
MRED | $244,900 |

53% of nearby similar homes sold for over asking price
Similar homes that sold in bidding wars went $20k above asking price on average, but some went as high as $70k over asking price.