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950 N Michigan Avenue Unit 3506

Chicago, IL 60611

3 beds
5 baths
3,000 sqft
$499 per sqft
1984 build
– on site

INVESTORS ONLY! LONG TERM TENANT IN PLACE AT $6775.00 per month until August 31, 2028. Owner financing available. Tenant pays additional $17,944.37 per year or any amount above the combined expenses of tax and assessment. Showings only on accepted offer.

Listing courtesy of MRED / Baird & Warner as distributed by MLS GRID

Last checked: Checking… • Last updated Mar 1, 2025 •

MLS# 11627571 —

The Building

Year Built:

1984
Rebuilt:

No
New Construction:

false
Basement:

None
Foundation Details:

Reinforced Caisson
Disability Access:

No
Stories Total:

56
Living Area Source:

Estimated

Interior

Room Type:

Foyer
Rooms Total:

6
Interior Features:

Hardwood Floors, First Floor Laundry, Laundry Hook-Up in Unit, Storage

Room Dimensions

Living Area:

3000

Financial & Terms

Lease Amount:

$348

Location

Directions:

LOCATED BETWEEN OAK AND WALTON, ACROSS FROM THE DRAKE HOTEL
Location:

11000

The Property

Parcel Number:

17032070681179
Property Type:

Residential
Lot Features:

Common Grounds
Lot Size Dimensions:

COMMON
Waterfront:

true
Additional Parcels:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2022
Tax Annual Amount:

19565.95

Beds

Bedrooms Total:

3
Bedrooms Possible:

3

Baths

Baths:

5
Full Baths:

4
Half Baths:

1

The Listing

Special Listing Conditions:

List Broker Must Accompany

Heating & Cooling

Heating:

Electric, Forced Air, Indv Controls, Zoned
Cooling:

Central Air, Zoned

Utilities

Sewer:

Holding Tank, Overhead Sewers
Electric:

Circuit Breakers
Water Source:

Lake Michigan

Appliances

Appliances:

Double Oven, Microwave, Dishwasher, High End Refrigerator, Washer

Schools

Elementary School District:

299
Middle Or Junior School District:

299
High School District:

299

The Community

Pets Allowed:

Cats OK, Dogs OK, Number Limit
Association Amenities:

Door Person, Elevator(s), Exercise Room, Storage, On Site Manager/Engineer, Party Room, Sundeck, Indoor Pool, Receiving Room, Sauna, Service Elevator(s), Valet/Cleaner
Association Fee:

2535
Association Fee Includes:

Water, Insurance, Doorman, Exercise Facilities, Pool, Scavenger
Association Fee Frequency:

Monthly
Master Assoc Fee Frequency:

Not Required

Parking

Parking Total:

1
Garage Type:

Attached
Garage Spaces:

1
Garage Onsite:

Yes
Garage Ownership:

Fee/Leased

Monthly cost estimate

Asking price

$1,499,000

Expense	Monthly cost
Mortgage	$8,026
Taxes	$1,630
Insurance	$412
HOA fees	$2,535
Utilities	$152 See report
Total	$12,755/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Air Pollution Index

Provided by ClearlyEnergy

Max Internet Speed

Xfinity

Provided by BroadbandNow®

View a full report

Sale history

Date	Event	Source	Price	% Change
9/12/22 Sep 12, 2022	Listed / Active	MRED	$1,499,000

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This condo located in Downtown, Chicago, IL 60611 is currently for sale for $1,499,000. 950 N Michigan Avenue Unit 3506 is a 3,000 square foot condo with 3 beds and 5 baths that has been on Estately for 904 days. 950 N Michigan Avenue Unit 3506 is in the Downtown neighborhood of Chicago and has a WalkScore® of 99, making it a walker’s paradise. This condo is in the attendance area of Wells Community Academy High School and Ogden Elementary School.

Listing courtesy of MRED, Baird & Warner, and James Kinney as distributed by MLS GRID.

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 Signal Real Estate are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. 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.
© 2025 Midwest Real Estate Data LLC
Information deemed reliable but not guaranteed by MLS GRID. Use of MLS GRID 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.

Based on information submitted to MLS GRID as of Mar 1, 2025, 06:50 am. 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.