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$439,000

542 Michigan Ave Unit 1 Evanston, IL 60202

2 beds
2 full
1,728 sqft
$254 / sqft
Condo

Property details

About 542 Michigan Ave Unit 1

Welcome to easy, breezy lakeside living-just a block from Lake Michigan and steps to the beach, Metra and L stations, plus all the local favorites along Chicago Ave and Main Street. Wake to sunlit mornings and wind down to the amber glow of magic hour in this beautifully updated 2 bed, 2 bath condo in an intimate six-unit 1921 building. Rarely available, this home combines vintage character, beautiful trim/moldings, designer style, and an effortless flow. From the airy front sunroom and living room with built-ins, leaded glass windows and a decorative fireplace to the den/office wrapped in William Morris wallpaper (2024), the abundance of natural light makes this a true plant-lover's paradise. Sophistication and style shine through with designer lighting in 2019 (Rejuvenation, CB2) custom window treatments, gleaming hardwood floors, and thoughtful updates throughout. The peaceful, oversized primary bedroom features custom closets, and the formal dining room is dinner-party ready with classic wainscoting and a built-in bar. The all-white kitchen offers generous quartzite counters, a HUGE walk-in pantry, new SS refrigerator (2025), built-in hutch and updates to inspire culinary delights. Enjoy two full baths, premium in-unit laundry (LG 2019), and a private back deck perfect for morning coffee, alfresco dinners, and dreamy summer nights. Garage rental in back across the alley with transferable agreement along with street parking.

Highlights

Home typeCondominium
HeatingSteam, Radiant
StatusAccepting Backup Offers
(Contingent)
CoolingWall Unit(s)
Size1,728 sqft
Year built1921
ParkingOff Alley, Off Site, Leased, Detached, Garage
MLS #12389551
Garage1 space
FireplaceDecorative

Summary

  • Full Bathrooms: 2
  • Appliances: Dishwasher, Refrigerator, Freezer, Washer, Dryer
  • Basement: No
  • Interior: Storage, Built-in Features
  • Fireplace: Decorative
  • Total Bedroom Count: 2
  • Garage Space: 1 space
  • Parking: Off Alley, Off Site, Leased, Detached, Garage
  • Heating: Steam, Radiant
  • Cooling: Wall Unit(s)
  • List Price: $439,000
  • Price/SqFt: $254
  • HOA Amount: $550 Monthly
  • Annual Tax Amount: $8,146
  • Tax Year: 2022
  • Directions: SOUTH BLVD TO MICHIGAN NORTH TO 542 OR MAIN TO MICHIGAN SOUTH TO 542
  • Year Built: 1921
  • Stories: 1
  • Living Area: 1,728 SqFt
  • MLS Number: 12389551
  • MLS Name: MRED
  • Office Name: Compass
  • Office Phone: (312) 733-7201
  • Listing Agent: Daniel Otto

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
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Price information

Property sales

DateEventPrice
Jul 08, 2019
Home Sold
$329,000
Dec 16, 2010
Home Sold
$195,000

Tax history

YearAssessmentProperty Tax
2022$35,072$8,146
2021$27,146$7,203
2020$27,146$7,107
2019$29,439$6,094
2018$29,906$7,252
2017$29,906$7,078

History based on county public records data.

Nearby schools

5

Lincoln Elementary School

Public District KG-5

0.5 mi

910 Forest Ave

4

Oakton Elementary School

Public District KG-5

0.7 mi

436 Ridge Ave

9

Sor Juana Ines de la Cruz

Public District PK-4

1.0 mi

4120 W 57th St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $82,174. The majority of Evanston, IL residents have income between $35k-100k annually. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

26%
<35k
34%
35k-100k
18%
100k-200k
22%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

54%
Single, No Kids
5%
Single, with Kids
24%
Married, No Kids
17%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

13%
<11 yrs old
4%
12-17 yrs old
30%
18-34 yrs old
44%
35-64 yrs old
9%
65+ yrs old

What do the neighbors do for fun?

  • Art MuseumsArt Museums
  • Hiking/backpackingHiking/backpacking
  • Music ConcertsMusic Concerts

Where do the neighbors shop?

  • BloomingdalesBloomingdales
  • H&MH&M
  • Crate & BarrelCrate & Barrel

Where do the neighbors go to eat?

  • StarbucksStarbucks
  • ChipotleChipotle
  • Boston MarketBoston Market

What do the neighbors drive?

  • AudiAudi
  • VolkswagenVolkswagen
  • MercedesMercedes

What do the neighbors listen to?

  • NewsNews
  • AlternativeAlternative
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

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Frequently asked questions

Living in Evanston, IL

Evanston features a well-organized transport infrastructure, with a network of buses and trains that facilitate convenient commuting options. The city is also bike-friendly, with numerous bike lanes and trails. Major roads and highways are easily accessible, making travel and daily commutes efficient for residents.

The community benefits from a robust educational system, including multiple public and private schools that cater to a range of educational needs. Evanston is also home to renowned higher education institutions. Healthcare services are comprehensive, with several hospitals and clinics providing a spectrum of medical care. The public library system is well-developed, and the city offers a variety of retail and dining experiences that showcase the local culture.

Evanston is celebrated for its vibrant community spirit and cultural richness. The city prides itself on its array of local events, including art festivals and farmers' markets, which reflect the community's engagement and diverse cultural identity.

Evanston offers a diverse array of housing options, with a mix of single-family homes, apartments, and townhouses. The architectural styles in Evanston are varied, with a significant number of homes reflecting Victorian, Prairie School, and contemporary designs. The housing market is vibrant, with a healthy balance of ownership and rental opportunities.

About 542 Michigan Ave Unit 1

The listing price of 542 Michigan Ave Unit 1 property is $439,000.

The property 542 Michigan Ave Unit 1 is a condo located in Evanston, Illinois, 60202.

Accepting Backup Offers: 542 Michigan Ave Unit 1 is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

The nearby schools for 542 Michigan Ave Unit 1 are: Lincoln Elementary School (GreatSchools Rating 5/10), Oakton Elementary School (GreatSchools Rating 4/10), Sor Juana Ines de la Cruz (GreatSchools Rating 9/10), Gale Elementary Community Academy (GreatSchools Rating 3/10), Jordan Elementary Community School (GreatSchools Rating 4/10), Nichols Middle School (GreatSchools Rating 5/10), Acero Charter School Newtwork- Sor Juana Ines de la Cruz (GreatSchools Rating 3/10), Chicago Math & Science Elementary Charter (GreatSchools Rating 6/10), Sullivan High School (GreatSchools Rating 2/10).

According to the records, the last property tax for 2022 is $8,146 (source: MLS/based on county public records data).

The last sale was on July 8, 2019 for $329,000 (source: MLS/tax record).

The property at 542 Michigan Ave Unit 1 has 2 bedrooms and 2 bathrooms.

The property 542 Michigan Ave Unit 1 is 1,728 SqFt (source: MLS/tax record).

The year of construction for 542 Michigan Ave Unit 1 is 1921.

This home is located at 542 Michigan Ave Unit 1 in Evanston, IL and zip code 60202. This 1,728 square foot home was built in 1921. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 27, 2025 and is currently priced at $439,000.

While more than 69 listings in Evanston, IL in June 2025 were sold above asking price, there were more than 14 listings sold at asking price, and more than 32 were sold below. Between May and June 2025, Evanston, IL real estate market has seen increase in the number of listings by 11.2%. While the average time on the market in June 2025 was 15 days, the median list price was $450,000.

From Rocket Homes Real Estate and based on county public records data.

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