For Sale: 1250 S Michigan Avenue #2802, Chicago, IL 60605. 4-bedroom 3.5-bath, 3035 sf, 2005 NEAR SOUTH SIDE $1,075,000 begin new search
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Overview

Seller providing buyer a $50k credit! Positioned on the coveted southeast corner of an exclusive high-rise, this extraordinary penthouse offers over 3,000 square feet of luxurious living-all on a single level-and is a true rarity in the city. A standout for its exceptional indoor-outdoor flow, this home boasts three private outdoor spaces, including a stunning 720 sq ft wrap-around terrace that extends from the kitchen, living, and dining areas with sweeping east and south exposures, plus north and west views that capture both lake and skyline vistas, and iconic Chicago landmarks like Soldier Field and Navy Pier. Inside, the residence has been thoughtfully reimagined by the current owners with a designer-renovated kitchen featuring custom cabinetry, a high-end appliance suite including a SubZero refrigerator and Wolf range, a spacious peninsula for entertaining, and an intimate in-kitchen dining area-perfect for everyday luxury. The open-concept layout flows seamlessly into the expansive living and dining rooms, enhanced by floor-to-ceiling windows, elegant crown molding, hardwood floors all flooded with beautiful natural light. Offering four generously sized bedrooms-each with access to an outdoor space-this home is ideal for both privacy and connection. The primary suite rivals those found in single-family homes, with ample room for a seating area and home gym, two custom walk-in closets, plush carpeting, and a spa-caliber ensuite with dual vanities, a soaking tub, and a separate walk-in shower. A secondary bedroom suite is thoughtfully tucked away from the remaining bedrooms and features an ensuite bath, making it ideal for guests, in-laws, or an au pair. Additional highlights include a fully built-out mudroom area near the second entry with abundant storage, black out roller shades in all bedrooms, and upgraded designer lighting throughout. Every detail has been curated for both function and elegance. Located just steps from Chicago's most beloved landmarks-Millennium Park, Grant Park, the Art Institute, Museum Campus, Soldier Field, the lakefront, and world-class dining-the home also offers effortless access to public transportation including train and bus lines, Lake Shore Drive, and major expressways. Two side-by-side heated garage parking spaces are available for $30k each, completing this rare offering of space, light, location, and unmatched outdoor living in the heart of the city.

Address 1250 S Michigan Avenue

Unit# 2802


Chicago, IL 60605
Listing Status Active
Asking Price $1,075,000
Original Listing $1,075,000 @ 2026-02-11
Rooms
Balcony/Porch/Lanai, Breakfast Room, Foyer, Terrace, Walk In Closet, Other Room
Square Footage 3035 sf
Flooring Hardwood
Bedrooms 4
Full Bathrooms 3
Half Baths 1
Location
Directions ROOSEVELT TO MICHIGAN AVE SOUTH TO 1250
Neighborhood NEAR SOUTH SIDE
School District Not Listed
Ownership
Property Type Condo
Asssessment $3,327
HOA Amenities Bike Room/Bike Trails, Door Person, Elevator(s), Exercise Room, Storage, On Site Manager/Engineer, Party Room, Sundeck, Pool, Receiving Room, Security Door Lock(s), Service Elevator(s)
Public Records
County Cook
Tax PIN 17221010431223
Property Tax $33,438 for the year 2024
Exterior
Style Attached Single
Material Balcony
Lot Size COMMON
Fencing Not Listed
Topography Not Listed
Entry Steps 28
Swimming Pool Not Listed
Patio Deck, Patio
Parking
Heated Garage
Yes
Garage Owned
Attached
Garage
Total Spaces: 2
Garage Spaces: 2
Non-Garage Spaces: 0 -
View Not Listed
Features
Year Built 2005
Laundry Location Washer Hookup,In Unit
Elevator Not Listed
Cooling Central Air
Heating Natural Gas, Forced Air
Sewer/Septic Public Sewer
Fireplaces Not Listed (0)
Interior Features Storage, Walk-In Closet(s)
Additional Parcels No
Appliances No
Assessments No
Association No
Association Fee 2 0
Association Fee Frequency Monthly
Attached Garage No
Basement None
Below Grade Finished Area 0
Carport Spaces 0
Cooling No
Heating No
High School District 299
Land Lease No
Laundry No
Living Area Source Estimated
Lot Features Common Grounds
Main Level Bathrooms 0
Main Level Bedrooms 0
New Construction No
Number Of Units Total 0
Number Remotes 0
Parking No
Patio No
Pool Private No
Property Attached No
Sprinklers No
View No
Well Depth 0
Well Gallons Per Minute 0
Well Pump Horsepower 0
Well Report No
Monthly Payment Calculator
Listing Source
Platform MRED
AOR
MLS Number MRD12472942
Courtesy of Compass