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1250 S Michigan Ave Unit 2802 , Chicago, IL 60605
$879,000
Est. Payment: $4,797.06/mo
4 Bed
4 Bath
3035 Sqft
Status: active | Days on site: 80
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87121 - 841607,123489
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House Description

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.

Highlights

Listed by Julie Busby , 312-890-4818 and Pamela Moran , (312) 714-4536 Compass , 773-466-7150. Midwest Real Estate Data mls logo

Property Type

Condo/Townhome

HOA Fee

3327 Monthly

Year Built

2005

County

Cook

Area

CHI - Near South Side

School District

299

Listing ID

12699206

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:4
  • ▪ Bathrooms:4
  • ▪ Full Bathrooms:3
  • ▪ 1/2 Bathrooms:1
Appliances:Range, Microwave, Dishwasher, High End Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Wine Refrigerator, Range Hood, Fire Sprinklers
Air Cond:Central Air
Fireplaces:
Floor:Hardwood
Other:
  • ▪ Additional:Storage, Walk-In Closet(s), Cats OK, Dogs OK, Number Limit, Size Limit
Water:Lake Michigan

Exterior Features

Lot:Common Grounds
Lot Dimensions:COMMON
Garage Capacity:2
Others:
  • ▪ Additional:Balcony
Sewer:Public Sewer
Parking Features:Heated Garage,Yes,Garage Owned,Attached,Garage
Principal Interest
$4,797
Taxes
$2,834
HOA
$3,327

Home Price

$879,000

Loan Details

30 yrs
7.25%

Down Payment

20%
$175,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$4,797.06

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $4,797.06 $2,834.07 $3,327.00 $10,958.14
Yearly $57,564.76 $34,008.88 $39,924.00 $131,497.64
Total $1,726,942.90 $1,020,266.40 $1,197,720.00 $3,944,929.30
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Market insight data is pulled from the same city as the listing being viewed (Chicago, IL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information submitted to the MRED as of the date listed below. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers' personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time.

Based on information submitted to the MLS GRID as of the date listed below. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers' personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability. Some listings have been excluded from this website.

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Data last updated: 2026-10-27T06:57:04.000Z

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