For Sale at Michigan Terrace: 535 N Michigan Avenue #3216, Chicago, IL 60611. 2-bedroom 1-bath, 1000 sf, 1962 NEAR NORTH SIDE $359,000 begin new search
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Overview

PENTHOUSE - Totally Renovated Top Floor 2 Bed/1 Bath! Stunning features of new grey-toned flooring, white shaker cabinets, quartz counters, new Kitchen Aid French door fridge, stove, dishwasher and microwave. Bath enjoys a beautifully tiled walk in shower! Very spacious with preferred stunning north views of Michigan Ave, Hancock and Water Tower. Live on the Magnificent Mile for such a great price! Assmt includes: Heat, Air, Cable, Internet, Water, and all the building amenities: a doorman, indoor pool, recently renovated exercise room and party room, outdoor deck, laundry, cleaners and parking on site. Parking additional for monthly valet rent. Awesome location on the Magnificent Mile steps to the best dining and shopping.

Address 535 N Michigan Avenue

Unit #3216


Chicago, IL 60611
Listing Status Active
Asking Price $359,000
On Market Date Oct 2, 2026
Special Listing ConditionsNone
Parking Included in PriceNo
Offered for Sale or RentNo
Property TypeResidential
Rooms
RoomsNo additional rooms
Square Footage 1,000 sq ft (Estimated)
Flooring Hardwood
Bedrooms 2
Bathrooms 1 full
Total Rooms5
Bath AmenitiesSeparate Shower
AppliancesRange, Microwave, Dishwasher, Refrigerator
Laundry LocationCommon Area
Disability AccessNo
BasementNone
Building & Exterior
Year Built1962
Built Before 1978Yes
RehabbedYes
Year Rehabbed2025
RebuiltNo
New ConstructionNo
Property StyleAttached Single
Stories33
Unit Floor32
Units in Building460
Exterior MaterialsGlass
Parking
Total Parking Spaces1
Garage Spaces1
Parking FeaturesYes, Attached, Garage
HOA & Building Amenities
HOA Fee$1,293.00 per month
HOA Fee IncludesHeat, Air Conditioning, Water, Insurance, Doorman, TV/Cable, Exercise Facilities, Pool, Internet
Special AssessmentsNo
Association AmenitiesBike Room/Bike Trails, Door Person, Coin Laundry, Elevator in Residence, Exercise Room, Storage, On Site Manager/Engineer, Party Room, Sundeck, Indoor Pool, Receiving Room
Management CompanyCommunity Specialists
Management ContactEdin
Management Phone312-670-2640
Board Number8
Owner May Rent UnitYes
Utilities
Water SourceLake Michigan, Public
SewerPublic Sewer
HeatingElectric
CoolingCentral Air
Location & Schools
NeighborhoodCHI - Near North Side
TownshipNorth Chicago
RuralNo
DirectionsMichigan & Grand, east side of Michigan Ave. Parking on Ohio, St. Clair or Grand Ave. Or enter parking garage via Grand Ave. just east of Lower Michigan.
Middle School District299
High School District299
Taxes & Listing Details
Tax ExemptionsNone
OwnershipCondo
PossessionClosing
Broker Owned or InterestYes
General InformationCommuter Bus, Commuter Train
Currently LeasedNo
Listing History
Timeline Notes
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Public Records
County Cook
Tax PIN 17101220251458
Property Tax $6,055.51 for the year 2025
Street Locator

South of Chicago Avenue

South of Division Street

East of La Salle

East of Michigan Avenue

South of North Avenue

North of Roosevelt Road

Distance to L0.2 miles · Grand (Red)
Distance to Starbucks0.0 miles · Starbucks, 505 N Michigan Ave
Distance to Lake Michigan 0.5 miles
Corporate LimitsChicago
Monthly Payment Calculator
Listing Source
Platform MRED
MLS Number MRD12775695
Courtesy of Jameson Sotheby's Intl Realty
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