1250 Michigan Ave
Chicago, IL 60605
2 bd 2 ba 1,260 sqft Built 2004 condos
Most recent sale
$392,500
Aug 23, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 3, 2023 | Listing removed | $2,400 | MRED |
| Nov 21, 2022 | Sold | $430,000 | MRED |
| Sep 12, 2022 | Listed | $415,000 | MLS #11627485 |
| Aug 23, 2021 | Sold | $392,500 | MLS #11074516 |
| Jul 18, 2012 | Listing removed | $2,400 | MRED |
| Jul 9, 2012 | Listed for rent | $2,400 | MRED |
| Mar 24, 2005 | Sold | $345,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2023 | $30,345 | $1,654 | $31,999 | $6,773 |
| 2022 | $30,345 | $1,654 | $31,999 | $6,602 |
| 2021 | $30,345 | $1,654 | $31,999 | $6,453 |
| 2020 | $23,115 | $1,358 | $24,473 | $5,451 |
| 2019 | $29,308 | $1,358 | $30,666 | $6,161 |
| 2018 | $29,308 | $1,358 | $30,666 | $6,058 |
| 2017 | $21,878 | $1,122 | $23,000 | $4,951 |
| 2016 | $21,878 | $1,122 | $23,000 | $4,607 |
| 2015 | $25,947 | $1,122 | $27,069 | $4,960 |
| 2014 | $18,727 | $1,004 | $19,731 | $3,661 |
| 2013 | $18,727 | $1,004 | $19,731 | $3,589 |
| 2012 | $18,727 | $1,004 | $19,731 | $3,541 |
| 2011 | $24,085 | $1,181 | $25,266 | $4,094 |
| 2010 | $24,657 | $1,181 | $25,838 | $4,204 |
| 2009 | $25,735 | $1,181 | $26,916 | $4,197 |
| 2008 | $26,091 | $552 | $26,643 | $3,822 |
| 2007 | $27,065 | $552 | $27,617 | $3,922 |
| 2006 | $27,840 | $571 | $28,411 | $4,078 |
Property facts
Year built
2004
Property type
condos
Stories
29
Beds
2
Baths
2
Living area
1,260 sqft
Lot size
—
ZIP code
60605
City
Chicago
Street
Michigan Ave
Coordinates
41.86614, -87.62460
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,268
Gross rental yield
6.93%
Implied cap rate
4.51%
Trend-extrapolated value
—
Frequently asked questions
When did 1250 Michigan Ave last sell?
1250 Michigan Ave most recently sold on Aug 23, 2021 for $392,500.
What is the current tax assessment for 1250 Michigan Ave?
The most recent total assessment for 1250 Michigan Ave (year 2023) is $31,999 with $6,773 in property tax.
How does 1250 Michigan Ave's assessment compare to its last sale price?
The current assessment is 91.8% below the last sale price of $392,500.
When was 1250 Michigan Ave built?
1250 Michigan Ave was built in 2004.
How does 1250 Michigan Ave compare to others on Michigan Ave?
We track 8 other properties on Michigan Ave. Browse the list under "Other properties on Michigan Ave" to compare beds, baths, and sale history.
What are the property facts for 1250 Michigan Ave?
1250 Michigan Ave is a 2 bed, 2 bath, 1,260 sqft condos.
Is 1250 Michigan Ave a flip candidate?
No — 1250 Michigan Ave does not appear in our flips dataset.
Is 1250 Michigan Ave a tax-appeal candidate?
No — 1250 Michigan Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+2.2%
Implied 1-yr
+8.7%
2026 Q3
$537K
2026 Q4
$547.2K
ZIP 60605 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Michigan Ave