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  5. 1515 - 1525 South Michigan Avenue Condominiums
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1515 - 1525 South Michigan Avenue Condominiums

1525 S Michigan Avenue, Chicago, IL, 60605 |1515 - 1525 South Michigan Avenue Condominiums

YEAR BUILT

1928

# STORIES

4

# TOTAL UNITS

45

UNIT SIZE RANGE

1,400-1,500 sqft

Description

The 1515 - 1525 South Michigan Avenue Condominiums are located at 1525 S Michigan Avenue in Chicago. This mid-rise building has 4 stories and includes 45 units. The construction dates back to 1928, adding a touch of history to its charm. Units in this building come with either 1 or 2 bedrooms. They range in size from 1,400 to 1,500 square feet. Prices for these units fall between $425,000 and $430,000. Recent market analysis shows the average price per square foot at about $287. On average, homes in this building stay on the market for 39 days. This timeframe gives buyers a good window to explore their options. Living here means quick access to local amenities and services, which adds to the neighborhood's appeal. Nearby businesses include Greenleaf Food Market for groceries, A-1 Achievement Tutors for education, and Victory Pizza Chicago LLC for dining needs. Such a mix makes it easy for residents to find what they need nearby without traveling far. The building also provides useful amenities, including elevators and a sundeck. There is a bike room, which is handy for those who enjoy cycling. Parking is also available, adding convenience for residents with vehicles. Situated close to Lake Michigan, outdoor activities are within easy reach. Overall, this property provides a comfortable lifestyle in a vibrant community, with good access to both local services and outdoor enjoyment.

Building ImageMLS ID #12181219
Building ImageMLS ID #11992761
Building Image
Building ImageView Listing

1515 - 1525 South Michigan Avenue Condominiums

1525 S Michigan Avenue, Chicago, IL, 60605

|1515 - 1525 South Michigan Avenue Condominiums

YEAR BUILT

1928

# STORIES

4

# TOTAL UNITS

45

UNIT SIZE RANGE

1,400-1,500 sqft

Description

The 1515 - 1525 South Michigan Avenue Condominiums are located at 1525 S Michigan Avenue in Chicago. This mid-rise building has 4 stories and includes 45 units. The construction dates back to 1928, adding a touch of history to its charm. Units in this building come with either 1 or 2 bedrooms. They range in size from 1,400 to 1,500 square feet. Prices for these units fall between $425,000 and $430,000. Recent market analysis shows the average price per square foot at about $287. On average, homes in this building stay on the market for 39 days. This timeframe gives buyers a good window to explore their options. Living here means quick access to local amenities and services, which adds to the neighborhood's appeal. Nearby businesses include Greenleaf Food Market for groceries, A-1 Achievement Tutors for education, and Victory Pizza Chicago LLC for dining needs. Such a mix makes it easy for residents to find what they need nearby without traveling far. The building also provides useful amenities, including elevators and a sundeck. There is a bike room, which is handy for those who enjoy cycling. Parking is also available, adding convenience for residents with vehicles. Situated close to Lake Michigan, outdoor activities are within easy reach. Overall, this property provides a comfortable lifestyle in a vibrant community, with good access to both local services and outdoor enjoyment.

Next

Description

The 1515 - 1525 South Michigan Avenue Condominiums are located at 1525 S Michigan Avenue in Chicago. This mid-rise building has 4 stories and includes 45 units. The construction dates back to 1928, adding a touch of history to its charm. Units in this building come with either 1 or 2 bedrooms. They range in size from 1,400 to 1,500 square feet. Prices for these units fall between $425,000 and $430,000. Recent market analysis shows the average price per square foot at about $287. On average, homes in this building stay on the market for 39 days. This timeframe gives buyers a good window to explore their options. Living here means quick access to local amenities and services, which adds to the neighborhood's appeal. Nearby businesses include Greenleaf Food Market for groceries, A-1 Achievement Tutors for education, and Victory Pizza Chicago LLC for dining needs. Such a mix makes it easy for residents to find what they need nearby without traveling far. The building also provides useful amenities, including elevators and a sundeck. There is a bike room, which is handy for those who enjoy cycling. Parking is also available, adding convenience for residents with vehicles. Situated close to Lake Michigan, outdoor activities are within easy reach. Overall, this property provides a comfortable lifestyle in a vibrant community, with good access to both local services and outdoor enjoyment.

1515 - 1525 South Michigan Avenue Condominiums Market Stats Last 12 months

Avg. Listed Price$353,944($286/Sqft.)
Avg. Sale Price$341,000($287/Sqft.)
Year over year list priceUp Arrow28.71%
Year over year sale priceUp Arrow 11.26%
Total Listings2 Listed
Total sold1 Sold
Average Days on Market39 days
Average HOA fees per sqft$3 /monthly
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Market Stats

Year over year list priceUp Arrow28.71%
Year over year sale priceUp Arrow11.26%
Total Listings2 Listed
Total sold1 Sold
Average Days on Market39 days
Average HOA fees per sqft$3 /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

Medium
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

1515 - 1525 South Michigan Avenue Condominiums Inventory & Sale History

UnitSize (sqft)BedsBathsDays On MarketDateStatusPrice
Unit 308308125022862023-03-31
MLS#: 11694760 		Closed$430,000
Unit 3063061250221252022-05-18
MLS#: 11301849 		Closed$405,000
Unit 412412140022392015-09-14
MLS#: 09003930 		Closed$425,000
Unit 306
306

2 Beds

2 Baths

1250 sqft

DateStatusPrice
2022-05-18Closed$405,000
MLS#: 11301849
Days On Market125
Unit 308
308

2 Beds

2 Baths

1250 sqft

DateStatusPrice
2023-03-31Closed$430,000
MLS#: 11694760
Days On Market86
Unit 412
412

2 Beds

2 Baths

1400 sqft

DateStatusPrice
2015-09-14Closed$425,000
MLS#: 09003930
Days On Market39
View Complete Unit Listing HistorySource By: MRED

Amenities

The amenities at 1515 - 1525 South Michigan Avenue are designed to enhance your living experience. Picture sunny days spent on the sundeck, where you can relax and socialize with friends or simply soak up the sun. If biking is your thing, the building features a bike room and convenient access to nearby bike trails, perfect for weekend rides or commuting. The service elevators and regular elevators ensure your moving day goes as smoothly as possible, so you can focus on settling in and exploring your new neighborhood.

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Amenities Description

The amenities at 1515 - 1525 South Michigan Avenue are designed to enhance your living experience. Picture sunny days spent on the sundeck, where you can relax and socialize with friends or simply soak up the sun. If biking is your thing, the building features a bike room and convenient access to nearby bike trails, perfect for weekend rides or commuting. The service elevators and regular elevators ensure your moving day goes as smoothly as possible, so you can focus on settling in and exploring your new neighborhood.

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

Elevator(s)

Elevator(s)

Security Door Lock(s)

Security Door Lock(s)

Sundeck

Sundeck

Patio

Patio

Bike Room/Bike Trails

Bike Room/Bike Trails

Storage

Storage

Service Elevator(s)

Service Elevator(s)

Balcony

Balcony

Policies

Being a pet lover? You'll be glad to know that both cats and dogs are welcome here, making this condo a perfect home for you and your furry friends. Other important policies include number limits and size limits, plus a deposit is required upon lease. These guidelines help maintain the community's quality while ensuring everyone feels right at home.

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Amenities Description

Being a pet lover? You'll be glad to know that both cats and dogs are welcome here, making this condo a perfect home for you and your furry friends. Other important policies include number limits and size limits, plus a deposit is required upon lease. These guidelines help maintain the community's quality while ensuring everyone feels right at home.

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)
1515 - 1525 South Michigan Avenue Condominiums$287/sqft.$3 /sqft.
1525 S Michigan Ave$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.

Nearby Schools

Discover top-rated schools located close to 1515 - 1525 South Michigan Avenue Condominiums.

Daystar Academy

--
Private|Grades PK–9
1550 S State St St...|0.32 miles away

Perspectives Charter - Joslin Campus

C-
Public|Grades 6–12
1930 S Archer Ave|0.55 miles away

South Loop Elementary School

B
Public|Grades PK–8
1212 S Plymouth Ct|0.63 miles away

National Teachers Elementary Academy

B-
Public|Grades PK–8
55 W Cermak Rd|0.94 miles away

South Loop Montessori School

--
Private|Grades PK–3
47 W Polk St Ste G...|1.05 miles away

Graham R Training Center

--
Public|Grades 9–12
2347 S Wabash Ave|1.09 miles away
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Schools

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 Elementary School

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

National Teachers Elementary Academy

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

South Loop Montessori School

--
Private|Grades PK–3
47 W Polk St Ste G...|1.05 Miles Away

Graham R Training Center

--
Public|Grades 9–12
2347 S Wabash Ave|1.09 Miles Away

Pui Tak Christian School

--
Private|Grades PK–8
2301 S Wentworth A...|1.11 Miles Away

Jones College Preparatory High School

A
Public|Grades 9–12
700 S State St|1.18 Miles Away

St Therese Chinese Catholic School

--
Private|Grades PK–8
247 W 23rd St|1.21 Miles Away

Haines Elementary School

A
Public|Grades PK–8
247 W 23rd Pl|1.27 Miles Away

Urban Preparatory West Charter School

--
Public|Grades 9–12
425 S Wabash Ave|1.42 Miles Away

Yccs-Jane Addams Alternative High School

--
Public|Grades 9–12
1814 S Union Ave|1.54 Miles Away

Drake Elementary School

C
Public|Grades PK–8
2710 S Dearborn St|1.68 Miles Away

Walsh Elementary School

D
Public|Grades KG–8
2015 S Peoria St|1.79 Miles Away

Dba City Garden Waldorf School

--
Private|Grades PK–KG
920 W 19th St|1.81 Miles Away

Yccs- Mckinley-Lakeside Leadership Academy

--
Public|Grades 9–12
2920 S Wabash Ave|1.83 Miles Away

J. Ward Elementary School

B+
Public|Grades KG–8
2701 S Shields Ave|1.83 Miles Away

McKinley Lakeside Leadership Academy

--
Private|Grades 10–12
2920 S Wabash Ave|1.84 Miles Away

Intrinsic 2 Charter High School

--
Public|Grades 9–12
79 W Monroe St Ste...|1.87 Miles Away

St Jerome School

--
Private|Grades PK–8
2801 S Princeton A...|1.88 Miles Away

Sheridan Elementary Math & Science Academy

A+
Public|Grades KG–8
533 W 27th St|1.99 Miles Away

Noble St Charter-Muchin College Preparatory

A+
Public|Grades 9–12
1 N State St|1.99 Miles Away

Jungman Elementary School

C+
Public|Grades PK–8
1746 S Miller St|2.01 Miles Away

Yccs-Innovations of Arts Integr High School

--
Public|Grades 9–12
17 N State St|2.02 Miles Away

Dunbar Vocational Career Academy High School

C
Public|Grades 9–12
3000 S King Dr|2.03 Miles Away

J. Smyth Elementary School

D
Public|Grades KG–8
1059 W 13th St|2.10 Miles Away

St Ignatius College Preparatory

--
Private|Grades 9–12
1076 W Roosevelt R...|2.19 Miles Away

Frances Xavier Warde School

--
Private|Grades PK–8
120 S Desplaines S...|2.27 Miles Away

Galileo Elementary Math & Science Schol Acd

B
Public|Grades KG–8
820 S Carpenter St|2.28 Miles Away

St Procopius School

--
Private|Grades PK–8
1625 S Allport St|2.35 Miles Away

Healy Elementary School

A
Public|Grades PK–8
3010 S Parnell Ave|2.36 Miles Away

Pershing Elementary Magnet School

D+
Public|Grades PK–8
3200 S Calumet Ave|2.37 Miles Away

Gems World Academy Chicago

--
Private|Grades PK–11
350 E South Water ...|2.38 Miles Away

Perez Elementary School

D+
Public|Grades PK–8
1241 W 19th St|2.45 Miles Away

Chicago Technology Academy High School

B
Public|Grades 9–12
1301 W 14th St|2.50 Miles Away

Devry Advantage Academy High School

A+
Public|Grades 11–12
1900 W Lawrence Av...|2.52 Miles Away

St Therese School West

--
Private|Grades PK–8
2859 S Throop St|2.64 Miles Away

Yccs-Youth Connection Leadership Academy

--
Public|Grades 9–12
3424 S State St|2.69 Miles Away

Transit

Experience convenience and connectivity with premium transit options just moments away.

1440 S Indiana

0.15 miles away|3 min walk

18th St.

0.47 miles away|9 min walk

1100 S Columbus (Pedestrian Underpass)

0.79 miles away|16 min walk

327 W Roosevelt

1.01 miles away|20 min walk

25th Street & Michigan

1.28 miles away|25 min walk

26th Street & Indiana

1.44 miles away|28 min walk
Next

Transit

1440 S Indiana

0.15 miles away|3 min walk

18th St.

0.47 miles away|9 min walk

1100 S Columbus (Pedestrian Underpass)

0.79 miles away|16 min walk

327 W Roosevelt

1.01 miles away|20 min walk

25th Street & Michigan

1.28 miles away|25 min walk

26th Street & Indiana

1.44 miles away|28 min walk

26th Street & Prairie

1.45 miles away|28 min walk

26th Street & King Drive

1.48 miles away|29 min walk

350 S. Clark Street (Chicago)

1.59 miles away|31 min walk

18th Street & Halsted

1.63 miles away|32 min walk

333 S Franklin Street (Chicago)

1.68 miles away|33 min walk

2800 S King Drive

1.7 miles away|33 min walk

Adams/Wabash

1.71 miles away|33 min walk

Adams & Wabash

1.71 miles away|33 min walk

Adams & State

1.73 miles away|34 min walk

27th St.

1.73 miles away|34 min walk

18th Street & Peoria

1.74 miles away|34 min walk

Adams & Clark

1.78 miles away|35 min walk

18th Street & Sangamon

1.83 miles away|36 min walk

26th Street & Normal

1.84 miles away|36 min walk

Adams & Wells

1.84 miles away|36 min walk

2300 S Halsted

1.85 miles away|36 min walk

900 W Roosevelt

1.87 miles away|36 min walk

900 W Taylor

1.9 miles away|37 min walk

3000 S Michigan

1.91 miles away|37 min walk

Adams & S. Wacker

1.91 miles away|37 min walk

3000 S King Drive

1.99 miles away|39 min walk

Adams & Canal

2.01 miles away|39 min walk

18th Street & Carpenter

2.05 miles away|40 min walk

3000 S Wentworth

2.06 miles away|40 min walk

31st Street & Michigan

2.12 miles away|41 min walk

31st Street & Giles

2.13 miles away|41 min walk

900 W Harrison

2.15 miles away|42 min walk

31st Street & King Drive

2.15 miles away|42 min walk

31st Street & Wells

2.22 miles away|43 min walk

31st Street & Rhodes

2.23 miles away|43 min walk

18th Street & Racine

2.27 miles away|44 min walk

31st Street Beach

2.33 miles away|45 min walk

31st Street & Canal

2.34 miles away|45 min walk

3200 S Wentworth

2.36 miles away|46 min walk

18th Street & Throop

2.44 miles away|47 min walk

31st Street & Wallace

2.48 miles away|48 min walk

31st Street & Union

2.56 miles away|50 min walk

18th Street & Blue Island

2.6 miles away|50 min walk

320 N LaSalle

2.61 miles away|51 min walk

321 N LaSalle

2.61 miles away|51 min walk

33rd Place & Rhodes

2.62 miles away|51 min walk

3400 S State

2.63 miles away|51 min walk

31st Street & Halsted

2.65 miles away|51 min walk

33rd Place & Cottage Grove

2.69 miles away|52 min walk

The Neighbourhood: 1515 - 1525 South Michigan Avenue Condominiums

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.

Next

Neighbourhood Description

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.

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1515 - 1525 South Michigan Avenue Condominiums Demographics

Age Demographics

0–14 Years

9.8%

15–29 Years

24.04%

30–44 Years

33.03%

45–59 Years

17.39%

60+ Years

15.73%

Commute

26.07%

Transit

13.29%

Walk

38.51%

Drive

2.46%

Bike

Housing Ownership

44.24%

Owner Occupied

55.76%

Rental Units

Household Types

Single Family
11.9%
Multi Family
1.04%
Single Person
52.87%
Multi Person
47.13%

Average Income

Household:$8,696,835.39 /yr

Individual:$7,861,564.01 /yr

Education

Bachelors Degree32.83%
High School College4.78%
Diploma3.84%
Post Graduate41.96%
Others16.59%
Next

Education

Diploma3.84%
Post Graduate41.96%
Others16.59%
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    1515 - 1525 South Michigan Avenue Condominiums
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