Year Built
1904
# Stories
4
# Total Units
45Unit Size Range
780-1,450 sqft
Unit Demand
-
Unit Availability
Low
The building at 1525 S Michigan Ave sits in the South Loop, a vibrant area in Chicago. This mid-rise structure has 4 stories with a total of 45 units. Built in 1904, it features a blend of older charm and modern amenities. The building is pet-friendly and offers a rooftop deck along with high ceilings and exposed brick in several units. The unit sizes range from 780 to 1,450 square feet. Prices for these homes are between $425,000 and $430,000. According to recent sales, the average price per square foot is $287. The average closed price for the building sits at about $341,000. Units sold pretty quickly, with an average of 39 days on the market. Some features add to the appeal of living here. Each unit includes in-unit laundry, making day-to-day tasks simpler. Residents also enjoy access to a bike room and bike trails nearby. Garage parking is available, adding to the property's convenience. Nearby attractions enhance the location further. Residents can easily visit Soldier Field, Museum Campus, and Grant Park. These locations provide lots of activities just a short distance away. There are also local businesses like Greenleaf Food Market and Victory Pizza Chicago LLC for dining and grocery needs. This building offers a comfortable city lifestyle with a friendly vibe. The mix of amenities, unit sizes, and access to nearby attractions makes it a desirable place to call home. With views of the city skyline and nearby water, it draws those who appreciate urban living.
The amenities here are designed to complement your modern lifestyle. You'll find accessible service elevators, which make carrying laundry or groceries a breeze. For those sunny days, the sundeck provides a perfect spot for relaxation and soaking up some rays. If you’re a biking enthusiast, the bike room and bike trails nearby are certainly going to be of interest. Imagine riding along scenic paths during your weekends!
For pet lovers, you’ll be happy to know that both cats and dogs are welcome, making this a pet-friendly abode! However, there are a few guidelines to keep in mind, such as limits on the number of pets and a required deposit. The building also has size limits for units, making it crucial to pick a space that suits your lifestyle perfectly.
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| Unit | Size (sqft) | Beds | Baths | Days On Market | Date | Status | Price | |
|---|---|---|---|---|---|---|---|---|
| 308 | 1250 | 2 | 2 | 86 | 2023-03-31 MLS#: 11694760 | Closed | $430,000 | |
| 306 | 1250 | 2 | 2 | 125 | 2022-05-18 MLS#: 11301849 | Closed | $405,000 | |
| 412 | 1400 | 2 | 2 | 39 | 2015-09-14 MLS#: 09003930 | Closed | $425,000 |

2 Beds
2 Baths
1250 sqft
| Date | Status | Price |
|---|---|---|
| 2022-05-18 | Closed | $405,000 |

2 Beds
2 Baths
1250 sqft
| Date | Status | Price |
|---|---|---|
| 2023-03-31 | Closed | $430,000 |

2 Beds
2 Baths
1400 sqft
| Date | Status | Price |
|---|---|---|
| 2015-09-14 | Closed | $425,000 |
| Building Name | Avg price per square foot | AVG HOA FEE per square foot (Monthly) |
|---|---|---|
| 1525 S Michigan Ave | $287/sqft. | $3 /sqft. |
| 1515 - 1525 South Michigan Avenue Condominiums | $287/sqft. | $3 /sqft. |
| Penthouse Lofts | $322/sqft. | $3 /sqft. |
| 1550 S Indiana St | $322/sqft. | $3 /sqft. |
| 1601 S Michigan Avenue | $298/sqft. | $3 /sqft. |
| 1464 S Michigan Ave | $314/sqft. | $3 /sqft. |
South Loop, part of Chicago’s vibrant Near South Side, offers a dynamic urban experience with a mix of historic and modern attractions. This neighborhood is home to the renowned Museum Campus, which includes the Field Museum, Shedd Aquarium, and Adler Planetarium. Residents enjoy diverse dining options, from local eateries to high-end restaurants, and ample shopping opportunities. The area provides a convenient lifestyle with easy access to public transportation, including multiple L train lines and proximity to major expressways. With its scenic views of Lake Michigan and Grant Park, South Loop caters to both families and professionals seeking an active city life.
AVERAGE RESIDENT AGE
39 years old
AVERAGE HOUSEHOLD INCOME
$86,323/year
AVERAGE HOUSEHOLD COMPOSITION
2 People
Berkshire Hathaway Starck Real Estate
Paul Ambrogio
Serving Chicago and all of Northern IL
13300 IL RT 47
Huntley, Illinois 60142