1250 S Michigan Avenue #508

in Michigan Avenue Tower

$305,000 Active Under Contract · 3 days on market

Photos coming soon

Overview Amenities Property details Cost calculator Listing history Building Map FAQ Similar units

beds

baths

970

sq ft

$314

per sq ft

About this unit

Beautiful 1BR South Loop condo with amazing 25x10 terrace! Spacious kitchen with Island, NEWER Stainless appliances, Granite Counters, and 42" uppers! NEW front-load washer/dryer, and dishwasher! Hardwood floors throughout! Bedroom has his/hers closets - both with professional organizers! Updated bath with new vanity! Pool, Exercise Room conveniently located down the hall on same floor! Storage (#220)! Heated garage space (#391) for additional $30K. Full amenity building - doorperson, exercise and party rooms, green space, outdoor pool, and dog run! Walk to Lakefront, Grant Park, Trader Joe's, Jewel, Target, restaurants, nightlife, etc!

Amenities

Shared amenities included with the building.

Fitness Center
Pool
Parking

Property details

The facts that decide a tour — straight from MRED.

Monthly costs

HOA$583 / mo

HOA includesHeat, Air Conditioning, Water, Gas, Parking, Insurance, Security, Doorman, TV/Cable, Exercise Facilities, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Internet

Annual tax$4,687 (2024)

Rules & parking

ParkingGarage Door Opener, Heated Garage, Yes, Garage Owned, Attached, Garage

PetsCats OK, Dogs OK, Number Limit

What it costs each month

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

Home price$305,000

Down payment

20%$61,000

Interest rate6.85%

Loan term30 years

Principal & interest$1,599 / mo

HOA$583 / mo

Property tax (est.)$391 / mo

All-in monthly$2,573

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 9, 2026 Active Under Contract Active Under Contractcurrent

Jul 7, 2026 Listed for sale $305,000

About 1250 S Michigan Avenue

A look at the building this unit is in.

1250 S Michigan Avenue— Michigan Avenue Tower

South Loop condo · 29 floors · built 2005

3 for sale · 0 for rent

For sale from $305K

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.