535 N Michigan Ave. #1506

in Michigan Terrace
$225,000 Closed · 6 days on market
1
beds
1
baths
847
sq ft
$266
per sq ft

About this unit

Live in the heart of Magnificent Mile on iconic Michigan Avenue in this bright south-facing 1 bed/1 bath condo offering the perfect blend of convenience, luxury, and city lifestyle at an incredible value! Spacious layout with generous room sizes and excellent closet space with mirrored doors. The kitchen features granite countertops, space for countertop stools, and all appliances. Full amenity building includes 24-hour door staff, indoor pool, fitness center, sundeck with skyline views, newly renovated community room, receiving room, package handling, laundry facilities, cleaners, bike room, storage lockers, on-site management, and secure access. Indoor heated valet parking available for an additional cost. Assessment includes heat, A/C, cable, internet, and access to all building amenities. Unbeatable downtown location just steps to world-class shopping, dining, entertainment, grocery stores, the Chicago Riverwalk, Navy Pier, Oak Street Beach, and Northwestern Medicine. Easy access to some of Chicago's most vibrant neighborhoods including River North, Old Town, and Fulton Market. Experience the best of upscale city living right outside your front door!

Amenities

Shared amenities included with the building.

  • 24/7 Front Desk
  • Fitness Center
  • Pool

Property details

The facts that decide a tour — straight from MRED.

Monthly costs
HOA$868 / mo
HOA includesHeat, Air Conditioning, Water, Gas, Insurance, Security, Doorman, TV/Cable, Exercise Facilities, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Internet
Annual tax$3,944 (2024)
Rules & parking
ParkingHeated Garage, Yes, Leased, Attached, Garage
PetsCats OK

What it costs each month

Live estimate. Tax based on Cook County 2024 effective rate. HOA pulled from the listing.

$225,000
$
20%$45,000
6.85%
30 years
Principal & interest$1,179 / mo
HOA$868 / mo
Property tax (est.)$329 / mo
All-in monthly$2,376

Estimate. Real rate depends on your lender, credit, and reserves. We'll connect you to a Chicago-based broker once you tour.

Listing history

The MLS trail for this unit — list events and price changes only.

Jul 1, 2026 Closed sale $230,000current
May 19, 2026 Listed for sale $225,000

About 535 N Michigan Ave.

A look at the building this unit is in.

535 N Michigan Ave.— Michigan Terrace

River North condo · 33 floors · built 1962
5 for sale · 5 for rent
For sale from $230K · rent from $1,950/mo
View the building

Where it is

FAQ

Where do these listings come from?

Straight from the Midwest Real Estate Data (MRED) MLS, refreshed regularly — the same listings your buyer's agent sees, no curated subset.

Can I work with Dibze to buy?

Yes. A licensed Chicago buyer's agent lines up tours, writes offers, and handles the close. The seller pays the commission, so it's free to you — and we rebate part of it back at closing.

Can I rent in this building?

If owners are leasing units, the For Rent tab shows them. These are individual condo owners listing through the MLS, so lease terms and pet rules vary by unit.

How is this different from Redfin or Zillow?

Same MLS feed, different model — we don't sell your contact info or turn every click into a lead. One Dibze condo expert handles your whole search and represents you, not the seller.

Similar units in this building

Other listings on the same line, same floor, or close in size.

Listed by Niki Rocco · @properties Christie's International Real Estate · MLS #MRD12652164 · MRED
Mino Conenna
Mino Conenna
Licensed IL broker · Chicago condo specialist
Online now · replies in minutes

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