Live on Michigan Avenue for Under $260K: 910 S. Michigan in the South Loop
This 1-bedroom in 910 S. Michigan in the South Loop just came on the market.
The building was constructed in 1913 and was converted into loft-like condos in 1998.
It has a parking garage, exercise room and a doorman.
This unit faces north, so it will not have light and views blocked by the new 74-story Helmut Jahn building called 1000M, which will be at 1000 S. Michigan, or just south of this building.
It has high ceilings and industrial windows along with a curved wall fireplace.
There are hardwood floors in the living room and kitchen.
The kitchen has white cabinets and stainless steel appliances along with an island.
Many of these units were built with small “sunrooms” with a sliding glass door to access them.
This unit has a 9×8 sunroom the listing says could be used for an office. While the bedroom doesn’t have a window, it does have a sliding glass door that leads out to the sunroom.
It has central air, washer/dryer in the unit and parking is available to buy in the building (but why would you need it in this location?)
At $254,000, this unit is listed at a fraction of the price that the new Helmet Jahn units will be listed at next door.
Is Chicago the last remaining big city real estate bargain in America?
Michael Murphy at Related has the listing. See the pictures here.
Unit #405: 1 bedroom, 1 bath, 875 square feet
- Sold in February 1999 for $155,000
- Sold in March 2000 for $187,500
- Sold in March 2001 for $185,000
- Sold in June 2008 for $225,000
- Sold in May 2013 for $225,000
- Currently listed for $254,000
- Assessments of $252 a month (includes heat, a/c, cable, doorman, exercise room, exterior maintenance, scavenger)
- Taxes of $2041
- Central Air
- Washer/Dryer in the unit
- Parking available to purchase in the building
- Bedroom: 14×9
- Living room: 22×11
- Sunroom: 9×8










