1250 S Michigan Avenue #2802
Chicago, IL, 60605
$1,075,000
4 Beds
4 Baths
3,035 SqFt
0 Acres
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MLS #MRD12472942 image #0
Seller providing buyer a $50k credit! Positioned on the coveted southeast corner of an exclusive high-rise, this extraordinary penthouse offers over 3,000 square feet of luxurious living-all on a single level-and is a true rarity in the city. A standout for its exceptional indoor-outdoor flow, this home boasts three private outdoor spaces, including a stunning 720 sq ft wrap-around terrace that extends from the kitchen, living, and dining areas with sweeping east and south exposures, plus north and west views that capture both lake and skyline vistas, and iconic Chicago landmarks like Soldier Field and Navy Pier. Inside, the residence has been thoughtfully reimagined by the current owners with a designer-renovated kitchen featuring custom cabinetry, a high-end appliance suite including a SubZero refrigerator and Wolf range, a spacious peninsula for entertaining, and an intimate in-kitchen dining area-perfect for everyday luxury. The open-concept layout flows seamlessly into the expansive living and dining rooms, enhanced by floor-to-ceiling windows, elegant crown molding, hardwood floors all flooded with beautiful natural light. Offering four generously sized bedrooms-each with access to an outdoor space-this home is ideal for both privacy and connection. The primary suite rivals those found in single-family homes, with ample room for a seating area and home gym, two custom walk-in closets, plush carpeting, and a spa-caliber ensuite with dual vanities, a soaking tub, and a separate walk-in shower. A secondary bedroom suite is thoughtfully tucked away from the remaining bedrooms and features an ensuite bath, making it ideal for guests, in-laws, or an au pair. Additional highlights include a fully built-out mudroom area near the second entry with abundant storage, black out roller shades in all bedrooms, and upgraded designer lighting throughout. Every detail has been curated for both function and elegance. Located just steps from Chicago’s most beloved landmarks-Millennium Park, Grant Park, the Art Institute, Museum Campus, Soldier Field, the lakefront, and world-class dining-the home also offers effortless access to public transportation including train and bus lines, Lake Shore Drive, and major expressways. Two side-by-side heated garage parking spaces are available for $30k each, completing this rare offering of space, light, location, and unmatched outdoor living in the heart of the city.

Property Details

Price:
$1,075,000
MLS #:
MRD12472942
Status:
Active
Beds:
4
Baths:
4
Type:
Condo
Neighborhood:
chinearsouthside
Listed Date:
Feb 11, 2026
Finished Sq Ft:
3,035
Year Built:
2005
Chi – Near South SideChinearsouthsideSouth Loop Elementary SchoolSouth Loop Elementary SchoolPhillips Academy High School

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Schools

School District:
299
Elementary School:
South Loop Elementary School
Middle School:
South Loop Elementary School
High School:
Phillips Academy High School

Interior

Appliances
Range, Microwave, Dishwasher, High End Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Wine Refrigerator, Range Hood
Bathrooms
3 Full Bathrooms, 1 Half Bathroom
Cooling
Central Air
Flooring
Hardwood
Heating
Natural Gas, Forced Air
Interior Features
Storage, Walk-In Closet(s)
Laundry Features
Washer Hookup, In Unit

Exterior

Association Amenities
Bike Room/Bike Trails, Door Person, Elevator(s), Exercise Room, Storage, On Site Manager/Engineer, Party Room, Sundeck, Pool, Receiving Room, Security Door Lock(s), Service Elevator(s)
Construction Materials
Brick
Exterior Features
Balcony
Garage Spaces
2
Lot Features
Common Grounds
Parking Features
Heated Garage, Yes, Garage Owned, Attached, Garage
Parking Spots
2
Parking Total
2
Patio And Porch Features
Deck, Patio

Financial

HOA Fee
$3,327
HOA Fee Frequency
Monthly
HOA Includes
Water, Parking, Insurance, Security, TV/Cable, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Internet
Tax Year
2024
Taxes
$33,438

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Community

Market Summary

Current real estate data for Condo in Chicago as of May 16, 2026
3,504
Condo Listed
56
Avg DOM
381
Avg $ / SqFt
$634,227
Avg List Price

Property Summary

    1250 S Michigan Avenue #2802 Chicago IL is a Condo for sale in Chicago, IL, 60605. It is listed for $1,075,000 and features 4 beds, 4 baths, and has approximately 3,035 square feet of living space, and was originally constructed in 2005. The current price per square foot is $354. The average price per square foot for Condo listings in Chicago is $381. The average listing price for Condo in Chicago is $634,227.

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