#12384310, Blazena Bilic, Listing office: Mark Allen Realty ERA Powered
1845 S Michigan Ave Unit 701 Chicago, IL 60616
Property details
About 1845 S Michigan Ave Unit 701
Welcome to Residence 701 - a desirable corner two-bedroom, two-bath home in the heart of the South Loop. This light-filled unit features floor-to-ceiling windows that frame striking city views and fill the open living and dining areas with natural light. A private balcony provides valuable outdoor space for morning coffee, grilling, or relaxing with skyline views. The generous layout includes an open kitchen, spacious bedrooms, large walk-in closets, in-unit laundry, and a dedicated storage unit. Garage parking is included in the price, adding everyday convenience. The building is well-maintained, with recent updates such as a renovated lobby, new storage lockers, refreshed parking garage, upgraded security and entry systems, new make-up air unit, boilers, and elevators. This prime location puts you close to the lakefront, museums, parks, public transit, Soldier Field, and a range of restaurants, shopping, and neighborhood amenities that make the South Loop one of Chicago's most connected communities.
Highlights
(New)
Summary
- Full Bathrooms: 2
- Basement: No
- Total Bedroom Count: 2
- Garage Space: 1 space
- Parking: On Site, Garage Owned, Attached, Garage
- Heating: Natural Gas
- Cooling: Central Air
- List Price: $349,000
- Price/SqFt: $332
- HOA Amount: $433 Monthly
- Annual Tax Amount: $4,245
- Tax Year: 2022
- Directions: South of 18th St on East side of Michigan Ave.
- Year Built: 2003
- Stories: 20
- Living Area: 1,050 SqFt
- MLS Number: 12413221
- MLS Name: MRED
- Office Name: Jameson Sotheby's Intl Realty
- Office Phone: (312) 751-0300
- Listing Agent: Mike Larson
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
Year | Assessment | Property Tax |
---|---|---|
2022 | $23,999 | $4,245 |
2021 | $23,999 | $4,168 |
2020 | $25,981 | $5,096 |
2019 | $28,299 | $4,996 |
2018 | $28,299 | $4,911 |
2017 | $22,895 | $4,202 |
History based on county public records data.
Nearby schools
5
Univ of Chicago Charter-Donoghue
Public Charter PK-5
2.2 mi
•707 E 37th St
4
Cooper Elementary Academy
Public District PK-5
2.3 mi
•1624 W 19th St
10
Bronzeville Classical Elementary School
Public District KG-4
2.5 mi
•8 W Root St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $91,719. The majority of Chicago, IL residents have income between $35k-100k annually. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.
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Frequently asked questions
About 1845 S Michigan Ave Unit 701
The listing price of 1845 S Michigan Ave Unit 701 property is $349,000.
The property 1845 S Michigan Ave Unit 701 is a condo located in Chicago, Illinois, 60616.
Active Listing: 1845 S Michigan Ave Unit 701 is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1845 S Michigan Ave Unit 701 are: Univ of Chicago Charter-Donoghue (GreatSchools Rating 5/10), Cooper Elementary Academy (GreatSchools Rating 4/10), Bronzeville Classical Elementary School (GreatSchools Rating 10/10), National Teachers Elementary Academy (GreatSchools Rating 6/10), Haines Elementary School (GreatSchools Rating 10/10), South Loop Elementary School (GreatSchools Rating 8/10), Perspectives Charter - Joslin Campus (GreatSchools Rating 3/10), Yccs- Mckinley-Lakeside Leadership Academy (GreatSchools Rating 1/10), Dunbar Vocational Career Academy High School (GreatSchools Rating 1/10).
According to the records, the last property tax for 2022 is $4,245 (source: MLS/based on county public records data).
The property at 1845 S Michigan Ave Unit 701 has 2 bedrooms and 2 bathrooms.
The property 1845 S Michigan Ave Unit 701 is 1,050 SqFt (source: MLS/tax record).
The year of construction for 1845 S Michigan Ave Unit 701 is 2003.
This home is located at 1845 S Michigan Ave Unit 701 in Chicago, IL and zip code 60616 in the Near South Side neighborhood. This 1,050 square foot home was built in 2003. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 8, 2025 and is currently priced at $349,000.
In June 2025 more than 1044 listings in Chicago, IL were sold above the asking price. During the same period more than 385 listings were sold at asking price, while more than 952 were sold below. In June 2025 in Chicago, IL there were 7.6% more homes for sale than in May. In June 2025, listings were on the market for 25 days. During the same period, the median list price in this real estate market was $379,143.