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  5. Michigan Avenue Tower Condominiums
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Michigan Avenue Tower Condominiums

1400 S Michigan Avenue, Chicago, IL, 60605

YEAR BUILT

2008

# STORIES

28

# TOTAL UNITS

299

UNIT SIZE RANGE

4,750-4,850 sqft

Description

Michigan Avenue Tower Condominiums stands tall at 1400 S Michigan Avenue in Chicago. This high-rise building was built in 2008 and offers 28 stories with a total of 299 units. The range of unit sizes comes in at 4,750 to 4,850 square feet. Prices for the units range from $1,366,000 to $1,625,000. Recent sales show an average closing price of about $343,867 with an average price per square foot around $376. The average days on the market is 55, giving buyers a fair amount of time to make decisions. Nearby, Victory Pizza Chicago LLC and Giordano's provide dining options. For grocery needs, PHS Chicago 1331 offers quick access to local schools. The area is also close to Lake Michigan, making it nice for those who enjoy the water. Residents benefit from many amenities like a private indoor pool and a spa. A fitness center keeps everyone active, and there are spaces like a clubhouse and party room for gatherings. Parking is available to enhance the lifestyle here. Living in this building means enjoying a blend of luxury and community. The layout provides comfortable living, with plenty of space to breathe. This location connects well to major roads, making travel straightforward within the city.

Building ImageMLS ID #12313211
Building ImageMLS ID #12199375
Building Image
Building ImageView Listing

Michigan Avenue Tower Condominiums

1400 S Michigan Avenue, Chicago, IL, 60605

YEAR BUILT

2008

# STORIES

28

# TOTAL UNITS

299

UNIT SIZE RANGE

4,750-4,850 sqft

Description

Michigan Avenue Tower Condominiums stands tall at 1400 S Michigan Avenue in Chicago. This high-rise building was built in 2008 and offers 28 stories with a total of 299 units. The range of unit sizes comes in at 4,750 to 4,850 square feet. Prices for the units range from $1,366,000 to $1,625,000. Recent sales show an average closing price of about $343,867 with an average price per square foot around $376. The average days on the market is 55, giving buyers a fair amount of time to make decisions. Nearby, Victory Pizza Chicago LLC and Giordano's provide dining options. For grocery needs, PHS Chicago 1331 offers quick access to local schools. The area is also close to Lake Michigan, making it nice for those who enjoy the water. Residents benefit from many amenities like a private indoor pool and a spa. A fitness center keeps everyone active, and there are spaces like a clubhouse and party room for gatherings. Parking is available to enhance the lifestyle here. Living in this building means enjoying a blend of luxury and community. The layout provides comfortable living, with plenty of space to breathe. This location connects well to major roads, making travel straightforward within the city.

Next

Description

Michigan Avenue Tower Condominiums stands tall at 1400 S Michigan Avenue in Chicago. This high-rise building was built in 2008 and offers 28 stories with a total of 299 units. The range of unit sizes comes in at 4,750 to 4,850 square feet. Prices for the units range from $1,366,000 to $1,625,000. Recent sales show an average closing price of about $343,867 with an average price per square foot around $376. The average days on the market is 55, giving buyers a fair amount of time to make decisions. Nearby, Victory Pizza Chicago LLC and Giordano's provide dining options. For grocery needs, PHS Chicago 1331 offers quick access to local schools. The area is also close to Lake Michigan, making it nice for those who enjoy the water. Residents benefit from many amenities like a private indoor pool and a spa. A fitness center keeps everyone active, and there are spaces like a clubhouse and party room for gatherings. Parking is available to enhance the lifestyle here. Living in this building means enjoying a blend of luxury and community. The layout provides comfortable living, with plenty of space to breathe. This location connects well to major roads, making travel straightforward within the city.

Michigan Avenue Tower Condominiums Key Stats Last 12 months

Avg. Listed Price$354,065($374/Sqft.)

Avg. Sale Price$343,867($376/Sqft.)
Year over year list priceUp Arrow10.99%

Year over year sale priceUp Arrow 5.57%
Total Listings14 Listed

Total sold15 Sold
Average Days on Market55 days

Average HOA fees per sqft$2 /monthly
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Key Stats

Year over year list priceUp Arrow10.99%

Year over year sale priceUp Arrow5.57%
Total Listings14 Listed

Total sold15 Sold
Average Days on Market55 days

Average HOA fees per sqft$2 /monthly

Glen Gardens Estate Availability & Demand

Unit Availability

Low
High availability buildings list units frequently.

Unit Availability helps to understand how often units in a particular building are listed for sale as compared with the neighborhood average. Units are rarely listed in buildings with low availability.

Unit Demand

Low
Units in high-demand buildings sell quicker.

Unit Demand is a measure of quickly units in a particular building sell as compared with other buildings in the neighborhood. Units in high-demand buildings sell more quickly.

For Sale 0 For Sale

Michigan Avenue Tower Condominiums Inventory & Sale History

UnitSize (sqft)BedsBathsDays On MarketDateStatusPrice
Unit 28012801480045592025-11-21
MLS#: 12478547
Closed$1,366,000
Unit 270127014512541102016-03-21
MLS#: 09095811
Closed$1,625,000
Unit 270127014500442282011-03-17
MLS#: 07596726
Closed$1,100,000
Unit 2701
2701

5 Beds

4 Baths

4512 sqft


DateStatusPrice
2016-03-21Closed$1,625,000
MLS#: 09095811
Days On Market110
Unit 2701
2701

4 Beds

4 Baths

4500 sqft


DateStatusPrice
2011-03-17Closed$1,100,000
MLS#: 07596726
Days On Market228
Unit 2801
2801

4 Beds

5 Baths

4800 sqft


DateStatusPrice
2025-11-21Closed$1,366,000
MLS#: 12478547
Days On Market59
View Complete Unit Listing HistorySource By: MRED

Amenities

What makes condo living truly enjoyable are the amenities, and Michigan Avenue Tower does not disappoint. Picture yourself lounging by the **indoor pool**, working up a sweat in the **exercise room**, or unwinding in the **spa or hot tub** after a long day. Need to get some work done? The **business center** and **clubhouse** provide great spaces for focus. Plus, with the **restaurant** on-site, you can indulge in delicious meals without ever having to leave home. Enjoy those sunny days by taking a dip in the **private inground pool** or relaxing on the **sundeck**—it's like experiencing a vacation every day!

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Amenities Description

What makes condo living truly enjoyable are the amenities, and Michigan Avenue Tower does not disappoint. Picture yourself lounging by the **indoor pool**, working up a sweat in the **exercise room**, or unwinding in the **spa or hot tub** after a long day. Need to get some work done? The **business center** and **clubhouse** provide great spaces for focus. Plus, with the **restaurant** on-site, you can indulge in delicious meals without ever having to leave home. Enjoy those sunny days by taking a dip in the **private inground pool** or relaxing on the **sundeck**—it's like experiencing a vacation every day!

Parking
Parking
Locker
Locker
Concierge
Concierge
Elevator(s)
Elevator(s)
Check Icon
Central AC
Central AC
Pool
Pool
Check Icon
Fitness Center
Fitness Center
Check Icon
Visitors Parking
Visitors Parking
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Amenities

Water View

Water View

Elevator(s)

Elevator(s)

Exercise Room

Exercise Room

Health Club

Health Club

Pool

Pool

In Ground Pool

In Ground Pool

Private Inground Pool

Private Inground Pool

Indoor Pool

Indoor Pool

Door Person

Door Person

Security

Security

Security Door Lock(s)

Security Door Lock(s)

Private Laundry Hkup

Private Laundry Hkup

Sundeck

Sundeck

Patio

Patio

Receiving Room

Receiving Room

Spa/Hot Tub

Spa/Hot Tub

Clubhouse

Clubhouse

Bike Room/Bike Trails

Bike Room/Bike Trails

Party Room

Party Room

Business Center

Business Center

Restaurant

Restaurant

Storage

Storage

Service Elevator(s)

Service Elevator(s)

High Speed Conn.

High Speed Conn.

Balcony

Balcony

Valet

Valet

Policies

Like any community, Michigan Avenue Tower has its guidelines. If you’re a pet lover, you’ll be pleased to know that cats are welcome, although dogs have a few more restrictions. Make sure to check out the size limits and additional pet rent if you plan on bringing a furry friend along. Moreover, a deposit is required for any tenants, so be prepared when you make the move.

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Amenities Description

Like any community, Michigan Avenue Tower has its guidelines. If you’re a pet lover, you’ll be pleased to know that cats are welcome, although dogs have a few more restrictions. Make sure to check out the size limits and additional pet rent if you plan on bringing a furry friend along. Moreover, a deposit is required for any tenants, so be prepared when you make the move.

Pet Allowed
Check
Pet Allowed
BBQ Permitted
BBQ Permitted
Sublet Allowed
Sublet Allowed
Short-term Rental Allowed
Short-term Rental Allowed

Compare with Buildings in the Neighbourhood (Last 12 Months)

Compare building's average price/sq. ft. and HOA fees/sq. ft. to buildings nearby

Building NameAvg price per square footAVG HOA FEE per square foot (Monthly)
Michigan Avenue Tower Condominiums$376/sqft.$2 /sqft.
1400 S Michigan Ave$366/sqft.$3 /sqft.
100 E 14th St$389/sqft.$2 /sqft.
1400 Museum Park Condominiums$396/sqft.$2 /sqft.
Michigan Avenue Garden Terrace Condominiums / 1430 - 1440 South Michigan$323/sqft.$3 /sqft.
1430 S Michigan Ave$323/sqft.$3 /sqft.

Nearby Schools

Residents of Michigan Avenue Tower Condominiums enjoy access to nearby educational institutions across Chicago. Schools within a 2-mile radius enhance convenience for daily routines. Close proximity supports consistent attendance and flexibility. This location promotes a family-friendly lifestyle.

South Loop Elementary School

B
Public|Grades PK–8
1212 S Plymouth Ct|0.31 miles away

Daystar Academy

--
Private|Grades PK–9
1550 S State St St...|0.31 miles away

Perspectives Charter - Joslin Campus

C-
Public|Grades 6–12
1930 S Archer Ave|0.56 miles away

South Loop Montessori School

--
Private|Grades PK–3
47 W Polk St Ste G...|0.6 miles away

Jones College Preparatory High School

A
Public|Grades 9–12
700 S State St|0.69 miles away

National Teachers Elementary Academy

B-
Public|Grades PK–8
55 W Cermak Rd|0.86 miles away
Next

Schools

arrow rightWhat to know about schoolsarrow right
Next

Description

Residents of Michigan Avenue Tower Condominiums enjoy access to nearby educational institutions across Chicago. Schools within a 2-mile radius enhance convenience for daily routines. Close proximity supports consistent attendance and flexibility. This location promotes a family-friendly lifestyle.

South Loop Elementary School

B
Public|Grades PK–8
1212 S Plymouth Ct|Less than 1 Mile Away

Daystar Academy

--
Private|Grades PK–9
1550 S State St St...|Less than 1 Mile Away

Perspectives Charter - Joslin Campus

C-
Public|Grades 6–12
1930 S Archer Ave|Less than 1 Mile Away

South Loop Montessori School

--
Private|Grades PK–3
47 W Polk St Ste G...|Less than 1 Mile Away

Jones College Preparatory High School

A
Public|Grades 9–12
700 S State St|Less than 1 Mile Away

National Teachers Elementary Academy

B-
Public|Grades PK–8
55 W Cermak Rd|Less than 1 Mile Away

Urban Preparatory West Charter School

--
Public|Grades 9–12
425 S Wabash Ave|Less than 1 Mile Away

Pui Tak Christian School

--
Private|Grades PK–8
2301 S Wentworth A...|Less than 1 Mile Away

Graham R Training Center

--
Public|Grades 9–12
2347 S Wabash Ave|Less than 1 Mile Away

St Therese Chinese Catholic School

--
Private|Grades PK–8
247 W 23rd St|1.04 Miles Away

Haines Elementary School

A
Public|Grades PK–8
247 W 23rd Pl|1.09 Miles Away

Yccs-Jane Addams Alternative High School

--
Public|Grades 9–12
1814 S Union Ave|1.18 Miles Away

Intrinsic 2 Charter High School

--
Public|Grades 9–12
79 W Monroe St Ste...|1.20 Miles Away

Noble St Charter-Muchin College Preparatory

A+
Public|Grades 9–12
1 N State St|1.29 Miles Away

Yccs-Innovations of Arts Integr High School

--
Public|Grades 9–12
17 N State St|1.31 Miles Away

Dba City Garden Waldorf School

--
Private|Grades PK–KG
920 W 19th St|1.37 Miles Away

Walsh Elementary School

D
Public|Grades KG–8
2015 S Peoria St|1.38 Miles Away

Drake Elementary School

C
Public|Grades PK–8
2710 S Dearborn St|1.43 Miles Away

Jungman Elementary School

C+
Public|Grades PK–8
1746 S Miller St|1.51 Miles Away

J. Smyth Elementary School

D
Public|Grades KG–8
1059 W 13th St|1.51 Miles Away

J. Ward Elementary School

B+
Public|Grades KG–8
2701 S Shields Ave|1.52 Miles Away

Frances Xavier Warde School

--
Private|Grades PK–8
120 S Desplaines S...|1.53 Miles Away

Yccs- Mckinley-Lakeside Leadership Academy

--
Public|Grades 9–12
2920 S Wabash Ave|1.54 Miles Away

St Ignatius College Preparatory

--
Private|Grades 9–12
1076 W Roosevelt R...|1.56 Miles Away

McKinley Lakeside Leadership Academy

--
Private|Grades 10–12
2920 S Wabash Ave|1.55 Miles Away

St Jerome School

--
Private|Grades PK–8
2801 S Princeton A...|1.57 Miles Away

Gems World Academy Chicago

--
Private|Grades PK–11
350 E South Water ...|1.59 Miles Away

Galileo Elementary Math & Science Schol Acd

B
Public|Grades KG–8
820 S Carpenter St|1.60 Miles Away

Sheridan Elementary Math & Science Academy

A+
Public|Grades KG–8
533 W 27th St|1.61 Miles Away

Dunbar Vocational Career Academy High School

C
Public|Grades 9–12
3000 S King Dr|1.70 Miles Away

St Procopius School

--
Private|Grades PK–8
1625 S Allport St|1.75 Miles Away

Chicago Technology Academy High School

B
Public|Grades 9–12
1301 W 14th St|1.83 Miles Away

Perez Elementary School

D+
Public|Grades PK–8
1241 W 19th St|1.84 Miles Away

Devry Advantage Academy High School

A+
Public|Grades 11–12
1900 W Lawrence Av...|1.85 Miles Away

Healy Elementary School

A
Public|Grades PK–8
3010 S Parnell Ave|1.90 Miles Away

Pershing Elementary Magnet School

D+
Public|Grades PK–8
3200 S Calumet Ave|1.95 Miles Away

Transit

Michigan Avenue Tower Condominiums benefits from a network of nearby public transportation options within a 2-mile radius. Access to Bus, Rail, Metro ensures convenient travel to employment hubs and local destinations. Strong transit connectivity reduces travel time and improves daily convenience. A transit-friendly location adds value for residents and visitors alike.

1100 S Columbus (Pedestrian Underpass)

0.42 miles away|9 min walk

1440 S Indiana

0.12 miles away|3 min walk

18th St.

0.5 miles away|10 min walk

18th Street & Blue Island

1.94 miles away|38 min walk

18th Street & Carpenter

1.54 miles away|30 min walk

18th Street & Halsted

1.23 miles away|24 min walk
Next

Transit

arrow rightWhat to know about transitarrow right
Next

Description

Michigan Avenue Tower Condominiums benefits from a network of nearby public transportation options within a 2-mile radius. Access to Bus, Rail, Metro ensures convenient travel to employment hubs and local destinations. Strong transit connectivity reduces travel time and improves daily convenience. A transit-friendly location adds value for residents and visitors alike.

1100 S Columbus (Pedestrian Underpass)

0.42 miles away|9 min walk

1440 S Indiana

0.12 miles away|3 min walk

18th St.

0.5 miles away|10 min walk

18th Street & Blue Island

1.94 miles away|38 min walk

18th Street & Carpenter

1.54 miles away|30 min walk

18th Street & Halsted

1.23 miles away|24 min walk

18th Street & Peoria

1.31 miles away|26 min walk

18th Street & Racine

1.7 miles away|33 min walk

18th Street & Sangamon

1.38 miles away|27 min walk

18th Street & Throop

1.82 miles away|35 min walk

2300 S Halsted

1.46 miles away|28 min walk

25th Street & Michigan

1.14 miles away|22 min walk

26th Street & Indiana

1.26 miles away|25 min walk

26th Street & King Drive

1.29 miles away|25 min walk

26th Street & Normal

1.5 miles away|29 min walk

26th Street & Prairie

1.27 miles away|25 min walk

27th St.

1.47 miles away|29 min walk

2800 S King Drive

1.46 miles away|28 min walk

3000 S King Drive

1.67 miles away|32 min walk

3000 S Michigan

1.61 miles away|31 min walk

3000 S Wentworth

1.7 miles away|33 min walk

31st Street Beach

1.91 miles away|37 min walk

31st Street & Canal

1.9 miles away|37 min walk

31st Street & Giles

1.77 miles away|34 min walk

31st Street & King Drive

1.79 miles away|35 min walk

31st Street & Michigan

1.76 miles away|34 min walk

31st Street & Rhodes

1.84 miles away|36 min walk

31st Street & Wallace

1.99 miles away|39 min walk

31st Street & Wells

1.82 miles away|35 min walk

3200 S Wentworth

1.93 miles away|37 min walk

320 N LaSalle

1.75 miles away|34 min walk

321 N LaSalle

1.75 miles away|34 min walk

327 W Roosevelt

0.63 miles away|13 min walk

333 S Franklin Street (Chicago)

1.07 miles away|21 min walk

350 S. Clark Street (Chicago)

0.99 miles away|20 min walk

900 W Harrison

1.47 miles away|29 min walk

900 W Roosevelt

1.32 miles away|26 min walk

900 W Taylor

1.32 miles away|26 min walk

Adams & Canal

1.32 miles away|26 min walk

Adams & Clark

1.13 miles away|22 min walk

Adams & State

1.1 miles away|22 min walk

Adams & S. Wacker

1.25 miles away|24 min walk

Adams & Wabash

1.09 miles away|21 min walk

Adams/Wabash

1.08 miles away|21 min walk

Adams & Wells

1.19 miles away|23 min walk

AM Michigan & Randolph (Chicago)

1.43 miles away|28 min walk

Archer & 23rd Place

1.24 miles away|24 min walk

Archer & Canal

1.13 miles away|22 min walk

Archer & Cermak/Princeton

0.93 miles away|18 min walk

Archer & Dearborn

0.59 miles away|12 min walk

The Neighbourhood: South Loop / Near South Side

South Loop / Near South Side sits along Chicago's lakefront near major parks and museums. This district contains outdoor places like Grant Park, Millennium Park, and the Museum Campus. Museums include the Field Museum, Shedd Aquarium, and Adler Planetarium. Navy Pier provides rides and family attractions on the water. Restaurants such as Lou Malnati's, Giordano's, Portillo's, and The Gage serve a range of food. Buddy Guy's Legends and many bars host live music and late night gatherings. Soldier Field hosts sports and large events for the city. McCormick Place handles big conventions and trade shows. Parks and the lakefront trail invite walking, running, and biking. Trains and buses provide quick links to the Loop through Roosevelt station and CTA lines. Metra and regional buses connect visitors to suburbs and nearby towns. Small shops and office towers mix with apartments in many blocks. This district shows a dense urban form with a blend of jobs and homes. Data shows that the most common age group falls between 25 to 29 years old. Households with 1 person make up the largest part of the local population.

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Neighbourhood Description

South Loop / Near South Side sits along Chicago's lakefront near major parks and museums. This district contains outdoor places like Grant Park, Millennium Park, and the Museum Campus. Museums include the Field Museum, Shedd Aquarium, and Adler Planetarium. Navy Pier provides rides and family attractions on the water. Restaurants such as Lou Malnati's, Giordano's, Portillo's, and The Gage serve a range of food. Buddy Guy's Legends and many bars host live music and late night gatherings. Soldier Field hosts sports and large events for the city. McCormick Place handles big conventions and trade shows. Parks and the lakefront trail invite walking, running, and biking. Trains and buses provide quick links to the Loop through Roosevelt station and CTA lines. Metra and regional buses connect visitors to suburbs and nearby towns. Small shops and office towers mix with apartments in many blocks. This district shows a dense urban form with a blend of jobs and homes. Data shows that the most common age group falls between 25 to 29 years old. Households with 1 person make up the largest part of the local population.

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Michigan Avenue Tower Condominiums Demographics

This neighborhood indicates a good mix of people which makes it a good place for families. About 9.45% are children aged 0–14, 25.31% are young adults between 15–29, 33.42% are adults aged 30–44, 16.8% are in the 45–59 range and 15.02% are seniors aged 60 and above. Commuting options are also varying where 37.31% of residents relying on driving, while others prefer public transit around 25.72%, walking around 14.53%, biking around 2.38%, allowing residents to choose travel modes that best fit their daily routines. Most homes in the area are with 56.2% of units are rented and 43.8% are owner occupied. The neighborhood offers different household types. About 11.56% are single family homes and 0.98% are multi family units. Around 52.8% are single-person households, while 47.2% are multi person households. This mix works well for families, roommates, and individuals. Education levels in the neighborhood vary widely where 33.24% of residents have bachelor’s degrees. Around 4.67% have high school or college education. Another 3.92% hold diplomas while 42.22% have completed postgraduate studies. The remaining are 15.95% with other types of qualifications.

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Demographics Description

This neighborhood indicates a good mix of people which makes it a good place for families. About 9.45% are children aged 0–14, 25.31% are young adults between 15–29, 33.42% are adults aged 30–44, 16.8% are in the 45–59 range and 15.02% are seniors aged 60 and above. Commuting options are also varying where 37.31% of residents relying on driving, while others prefer public transit around 25.72%, walking around 14.53%, biking around 2.38%, allowing residents to choose travel modes that best fit their daily routines. Most homes in the area are with 56.2% of units are rented and 43.8% are owner occupied. The neighborhood offers different household types. About 11.56% are single family homes and 0.98% are multi family units. Around 52.8% are single-person households, while 47.2% are multi person households. This mix works well for families, roommates, and individuals. Education levels in the neighborhood vary widely where 33.24% of residents have bachelor’s degrees. Around 4.67% have high school or college education. Another 3.92% hold diplomas while 42.22% have completed postgraduate studies. The remaining are 15.95% with other types of qualifications.

Age Demographics

0–14 Years

9.45%

15–29 Years

25.31%

30–44 Years

33.42%

45–59 Years

16.8%

60+ Years

15.02%

Commute

25.72%

Transit

14.53%

Walk

37.31%

Drive

2.38%

Bike

Housing Ownership

43.8%

Owner Occupied

56.2%

Rental Units

Household Types

Single Family
11.56%
Multi Family
0.98%
Single Person
52.8%
Multi Person
47.2%

Average Income

Household:$9,044,952.22 /yr

Individual:$7,973,933.54 /yr

Education

Bachelors Degree33.24%
High School College4.67%
Diploma3.92%
Post Graduate42.22%
Others15.95%
Next

Education

Diploma3.92%
Post Graduate42.22%
Others15.95%
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  1. Home
  2. /Chicago, IL
  3. /
    Michigan Avenue Tower Condominiums
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Paul Ambrogio

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13300 IL RT 47

Huntley, Illinois 60142

PhoneICon847-668-3774
EmailIConpaul@illinoispropertysearch.com
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