For Sale at One Magnificent Mile: 950 N Michigan Avenue #4704, Chicago, IL 60611. 1-bedroom 2.5-bath, 1420 sf, 1983 NEAR NORTH SIDE $689,000 begin new search
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Overview

Luxury living at its finest in the heart of the Magnificent Mile! This spacious 1-bedroom, 2.5-bath residence at One Magnificent Mile offers beautiful views, abundant natural light, and a wonderful opportunity to make it your own. The oversized living room and separate dining area provide a comfortable flow for everyday living and entertaining. Stunning double balcony doors in both the living and dining areas frame beautiful downtown views and fill the home with natural sunlight, creating the perfect setting to enjoy your morning coffee or unwind with an evening tea while watching the sunset and taking in the beautiful city skyline. The kitchen features timeless cherry wood cabinetry, granite countertops, and high-end stainless-steel appliances that have been gently used. The spacious primary suite offers a large walk-in closet and two full bathrooms, including a spa-like bath with granite finishes and a whirlpool Jacuzzi tub. Additional conveniences include in-unit laundry, abundant closet space, and plenty of storage throughout. This exceptional residence offers a wonderful opportunity to add your own personal style and create a home that reflects your taste. A rare offering in one of Chicago's most desirable full-service buildings, it combines generous living space with an unbeatable location. Residents enjoy outstanding amenities, including a 24-hour door staff, fitness center, indoor swimming pool, and sundeck. Ideally located on prestigious Michigan Avenue between Oak Street and Walton Street, directly across from the iconic Drake Hotel, and just steps from luxury shopping, fine dining, Oak Street Beach, and everything the Magnificent Mile has to offer.

Address 950 N Michigan Avenue

Unit #4704


Chicago, IL 60611
Listing Status Active
Asking Price $689,000
On Market Date Aug 20, 2026
Special Listing ConditionsNone
Parking Included in PriceNo
Offered for Sale or RentNo
Property TypeResidential
Rooms
RoomsFoyer, Walk In Closet, Balcony/Porch/Lanai
Square Footage 1,420 sq ft (Other)
Flooring Hardwood
Bedrooms 1
Bathrooms 2 full, 1 half
Total Rooms4
Approximate Finished Square Feet1420
Total Square Feet1420
Finished and Unfinished Square Feet1420
Main Level Square Feet1420
Bath AmenitiesWhirlpool
Interior FeaturesWalk-In Closet(s), Granite Counters
AppliancesMicrowave, Dishwasher, Refrigerator, High End Refrigerator, Washer, Dryer, Stainless Steel Appliance(s), Cooktop, Oven, Range Hood
Other EquipmentTV-Cable, Fire Sprinklers
Laundry LocationWasher Hookup, In Unit
Disability AccessNo
BasementNone
Basement BathroomNo
Building & Exterior
Year Built1983
Built Before 1978No
RehabbedNo
RebuiltNo
New ConstructionNo
Property StyleAttached Single
Stories56
Unit Floor47
Units in Building181
Exterior MaterialsMarble/Granite, Concrete
Exterior FeaturesBalcony
FoundationConcrete Perimeter, Reinforced Caisson
Lot FeaturesCommon Grounds
Pool FeaturesAbove Ground
Parking
Parking FeaturesHeated Garage, Yes, Leased, Attached, Garage
HOA & Building Amenities
HOA Fee$1,833.00 per month
HOA Fee IncludesWater, Insurance, Doorman, TV/Cable, Exercise Facilities, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Internet
Special AssessmentsNo
Association AmenitiesBike Room/Bike Trails, Door Person, Elevator in Residence, Exercise Room, On Site Manager/Engineer, Sundeck, Indoor Pool, Receiving Room, Security Door Lock(s), Valet/Cleaner, Elevator(s), Private Indoor Pool
Management CompanyOne Magnificent Mile Condominium
Management ContactDavis
Management Phone312-664-6055
Board Number2
Pets AllowedCats OK, Dogs OK, Size Limit
Maximum Pet Weight30
Utilities
ElectricCircuit Breakers
Water SourceLake Michigan
SewerPublic Sewer
HeatingElectric
CoolingCentral Air
Location & Schools
NeighborhoodCHI - Near North Side
TownshipNorth Chicago
DirectionsOn Michigan Avenue between Oak Street and Walton Street, directly across from the Drake Hote
Middle School District299
High School District299
Taxes & Listing Details
Tax ExemptionsHomeowner, Senior
OwnershipCondo
PossessionClosing
Broker Owned or InterestNo
Additional ParcelsNo
General InformationCommuter Train
Currently LeasedNo
Lease Amount348
Public Records
County Cook
Tax PIN 17032070681182
Property Tax $10,687 for the year 2024
Street Locator

North of Chicago Avenue

South of Division Street

East of La Salle

West of Michigan Avenue

South of North Avenue

North of Roosevelt Road

Distance to L0.3 miles · Chicago (Red)
Distance to Starbucks0.1 miles · Starbucks, 857 N Michigan Ave
Distance to Lake Michigan 0.1 miles
Corporate LimitsChicago
Monthly Payment Calculator
Listing Source
Platform MRED
MLS Number MRD12738944
Courtesy of Dhome Realty Group LLC
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