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$489,900

  • For Sale
  • Active
  • Condo
  • 3 Beds
  • 2 Full Baths
  • 1,391 Sq. Ft.
  • 1 Car Garage
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Spacious 3 bedroom corner unit with a big balcony in the heart of the South Loop. Enjoy the city, parks and breathtaking views of Lake Michigan straight from your floor-to-ceiling windows. Recently renovated kitchen, hardwood floors, newly installed security system (ADT), stainless steel appliances, in-unit laundry room that could be used as an office or a storage place. Sun-filled master bedroom with a walk-in closet, two additional bedrooms, two full bathrooms, and a beautiful open kitchen and living room area. Heated deeded parking space is available at additional $25,000. Greatly maintained building with 24-hour security/doorman, management on-site, bike room, dog run, access to the grocery store. Conveniently located close to everything: parks, playgrounds, restaurants, stores (Mariano's, Trader Joe's, WholeFoods), fitness clubs (FFC, Xsport), 18th Street underpass to Soldier Field, Shedd Aquarium, Planetarium, Field Museum, and the lakefront path. Walking distance to the new CTA Greenline at Cermak, Indiana Ave., and CTA Bus. The unit is ready - there is nothing else to do but to move in!

Full Property Details for 1720 S Michigan Ave #701

General

  • Price: $489,900
  • HOA FEE: $708/month
  • Taxes: $9,749 (2023)
  • Status: Active
  • Type: Condo
  • Source: MRED
  • MLS ID: 11891605
  • Updated: 1/21/2025
  • Added to Site: 502 day(s) ago

Interior

  • Basement: None
  • Interior Features: Elevator, Hardwood Floors, Laundry Hook-Up in Unit, Storage, Walk-In Closet(s)
  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bathroom Features: Double Sink, Soaking Tub

Bedrooms

  • Total Bedrooms: 3

Additional Information

  • Shared Amenities: Bike Room/Bike Trails, Door Person, Elevator(s), Storage, On-Site Manager/Engineer, Receiving Room, Service Elevator(s)

Exterior

  • Exterior Features: Balcony, Dog Run, Storms/Screens, End Unit, Cable Access

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 1
  • Total Spaces: 1
  • Parking Type: Garage
  • Garage Description: Garage Door Opener(s), Transmitter(s), Heated

Location

  • Area: CHI - Near South Side
  • County: Cook
  • Township: South Chicago
  • Driving Directions: Michigan Ave South to 18th St.

School Information

  • School District: 299
  • Elem School District: 299
  • Midd School District: 299
  • High School District: 299
  • Elementary School: South Loop Elementary School
  • Middle School: South Loop Elementary School
  • High School: Phillips Academy High School
  • Private School: Phillips Academy High School

Community

  • Assoc. Fees Include: Heat, Air Conditioning, Water, Gas, Insurance, Security, Doorman, TV/Cable, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Internet
  • Pets Allowed: Yes
  • Pets: Cats OK, Dogs OK
  • Pet Restrictions: Cats OK, Dogs OK, / 99lbs.
  • Mgmt. Company: Community Specialists

Heating & Cooling

  • Cooling Type: Central Air Conditioning
  • Heating Type: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Lake Michigan, Public

Structural Information

  • Structure Type: Condo, High-Rise (7 or More Stories)
  • Exterior Const.: Glass, Concrete
  • Basement Desc.: None
  • Stories/Levels: 33
  • Square Feet: 1,391
  • Sq. Ft. Source: Plans
  • Year Built: 2006

Unit Information

  • Units in Building: 498
  • Unit Floor in Bldg.: 7

Lot Features

  • Lot Dimensions: COMMON

Animals

  • Animals Allowed: Cats OK, Dogs OK

Financial Considerations

  • Association Fee: $708
  • Assoc Fee Freq.: Monthly
  • Assessment Year: 2006
  • Tax Amount: $9,749.55
  • Tax Year: 2023
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Condo
  • Property ID: 17223010701041

Listed by AM Realty Management Inc.

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Listing agents

— 1720 S Michigan Ave #701 —

  • AM Realty Management Inc.

  • AM Realty Management Inc.

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 1720 S Michigan Ave #701

School District:Chicago Public Schools
RatingNameGradesDistance
7
South Loop Elementary School
1212 S Plymouth Ct, Chicago, IL 60605
PK-80.6 mi
1
Phillips Academy High School
244 E Pershing Rd, Chicago, IL 60653
9-122.4 mi
Disclaimer: School ratings provided by GreatSchools. Ratings are on a scale of 1-10. Learn more about GreatSchools ratings. School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1720 S Michigan Ave #701 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/15/2025
Price Reduced
$489,900
-1.03%
MLS
1/15/2024
Price Reduced
$495,000
-0.8%
MLS
9/22/2023
Listed
$499,000
5.05%
MLS
7/20/2020
Sold
$475,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1720 S Michigan Ave #701

Year
Property Taxes
Change
Tax Assessment
Change
2022
$8,987
2%
$43,558
—
2021
$8,785
25%
$43,558
26%
2020
$7,018
2%
$34,607
-8%
2019
$6,882
-8%
$37,682
—
2018
$7,444
5%
$37,682
14%
2017
$7,115
7%
$33,053
—
2016
$6,620
9%
$33,053
—
2015
$6,057
20%
$33,053
22%
2014
$5,027
2%
$27,096
—
2013
$4,928
-11%
$27,096
-12%
2012
$5,522
—
$30,771
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 1720 S Michigan Ave #701

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by AM Realty Management Inc.

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1720 S Michigan Avenue #701, Chicago, IL 60616 (MLS# 11891605) is a Condo property with 3 bedrooms and 2 full bathrooms. 1720 S Michigan Avenue #701 is currently listed for $489,900 and was received on September 22, 2023. Want to learn more about 1720 S Michigan Avenue #701? Do you have questions about finding other Condo real estate for sale in Near South Side? You can browse all Near South Side real estate or contact a Coldwell Banker agent to request more information.

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