14 days on rocket

1801 S Michigan Ave Unit 701, Chicago, IL, 60616

$395,000

Home List Price

$4,691*

Closing Credit

2 Bedrooms
1 Full Bath, 1 Partial
1,150 SqFt
$343/SqFt
Condo
Schools Nearby

Location

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1801 S Michigan Ave Unit 701, Chicago$395,000

Buyer Closing Credits

$4,691*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Attached Garage1 space
HeatingNatural Gas
CoolingCentral Air
FireplaceGas Log, Gas Starter
MLS #12032349
StatusActive

About 1801 S Michigan Ave Unit 701

Rarely available! TOP FLOOR updated corner unit with city views & roof rights to build a rooftop deck! This renovated home features 9ft windows, 15ft ceilings, historic exposed brick & real hardwood floors. Open concept kitchen & dining provides ample space for a large seating area, as well as dining table or a kitchen island with seating. Updated kitchen features newer stainless steel appliances, white oversized 42" shaker cabinets, under mount sink and quartz countertops. The primary bedroom with en-suite bathroom easily accommodates a king size bed & furniture, and has a large walk-in custom closet. The second bedroom fits a queen size bed and also has its own window and closet. Renovated bathrooms provide a half bath for guests, and a spa like en-suite full bath with soaking tub. NE facing balcony provides the perfect place to grill and relax, while enjoying the city skyline & lake view. Plenty of storage space with custom built-in organizers, entryway hall closet, as well as a massive oversized private storage unit that comes with the home. In-unit laundry with built in shelving. The 7th floor has exclusive access to the rooftop's city & lake views, and opportunity to build a deck space. Heated garage parking is available to purchase with unit. HOA includes cable/Internet, fitness room, bike storage, Butterfly entry system, and secure package room. Steps away from Michigan Ave buses, 10 mins to CTA trains and METRA. Walk to the lakefront path, Fred Anderson Dog Park, Soldier Field, Marianos, Trader Joes, Jewel Osco, and too many Michigan Ave. conveniences to mention! Click on the 3D Tour for a "look around"!

Property Details

Property Features

Property Information:

  • Stories: 7
  • Living Area: 1,150 SqFt

Listing Office:

  • Office Name: Option Realty Group LTD
  • Office Phone: (630) 281-2474
  • Listing Agent: Cory Tanzer

Interior Features

Interior Information:

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s), Gas Cooktop
  • Basement: No
  • Interior: Hardwood Floors, Laundry Hook-Up in Unit, Storage, Built-in Features, Walk-In Closet(s), Some Window Treatment, Drapes/Blinds
  • Fireplace: Gas Log, Gas Starter

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Balcony, Roof Deck

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes

Virtual/3D Tour

  • 3D Tour: 1801 S Michigan Ave Unit 701

3D Tour

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Phillips Academy High School, Public District Grades 9-12
  • National Teachers Elementary Academy, Public District Grades PK-8

Other

Directions Information:

  • Directions: Michigan Ave south to 1801, SE Corner of 18th and Michigan Ave

Price Information

Listing Price Info

Price Summary:

  • List Price: $395,000
  • Price Per SqFt: $343/SqFt

HOA Fees:

  • Amount: $557
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Chicago, IL.

Med. Sold Price

$349K

Med. Price/SqFt

$250

Avg. Days On Market

33

# of Sold Homes

2268

1801 S Michigan Ave Unit 701 vs Chicago

14 DAYS ON ROCKET

-19 Days

$395,000

+$45.9K More

$343/SqFt

+$93 More

KEY TAKEAWAY

This property is $45.9K more than the Median Sold Price and $93/SqFt more than other homes in Chicago, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MRED
  • MLS Number: #12032349

Listing Office:

  • Office Name: Option Realty Group LTD
  • Office Phone: (630) 281-2474
  • Listing Agent: Cory Tanzer

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Property Sales & Tax

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-5055028
6
/10
  • National Teachers Elementary Academy

  • 55 W Cermak Rd

  • 0.45 miles

  • Public District Grades PK-8

High School

school-card-donut-5055029
1
/10
  • Phillips Academy High School

  • 244 E Pershing Rd

  • 2.30 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $91,719. Typical income of Chicago, IL residents is between $35k-100k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1801 S Michigan Ave Unit 701

What is the listing price of this property?

The listing price of 1801 S Michigan Ave Unit 701 property is $395,000.

What type of property is this?

The property 1801 S Michigan Ave Unit 701 is a condo located in Chicago, Illinois, 60616.

Is this property for sale now?

Active Listing: 1801 S Michigan Ave Unit 701 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1801 S Michigan Ave Unit 701 are:
National Teachers Elementary Academy: GreatSchools Rating 6/10
Phillips Academy High School: GreatSchools Rating 1/10

How many bedrooms and bathrooms does this property have?

The property at 1801 S Michigan Ave Unit 701 has 2 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 1801 S Michigan Ave Unit 701 is 1,150 SqFt (source: MLS/tax record).

Rocket Homes›Illinois›Cook County›Chicago›60616›1801 S Michigan Ave Unit 701

This home is located at 1801 S Michigan Ave Unit 701 in Chicago, IL and zip code 60616 in the Near South Side neighborhood. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 18, 2024 and is currently priced at $395,000.

In April 2024, from all listings sold in Chicago, IL there were more than 867 sold above asking price, over 1023 sold below and more than 378 were sold right at the asked price. In April 2024 in Chicago, IL there were 18.4% more homes for sale than in March 2024. While the average time on the market in April 2024 was 33 days, the median list price was $349,097.

From Rocket Homes Real Estate and based on county public records data.

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