Price Reduction on Michigan Avenue: 535 N. Michigan
535 N. Michigan in Streeterville on the Mag Mile was built in 1962. You might not even notice the building when you’re walking by on the street.
The units don’t have washer/dryers but there is attached leased parking. There is also a penthouse indoor pool.
But apparently the housing slowdown is affecting even units for sale on the Mag Mile as this remodeled one bedroom was recently reduced.
From the listing:
OVER $60,000 IN UPGRADES! THIS AMAZING UNIT IS OVER THE TOP. BAMBOO FLOORS; GERMAN-DESIGNED KITCHEN W/SUBZERO; MIELE APPLS.; GRANITE AND STAINLESS KITCHEN; NEW BLOND CABINETS W/SELF-CLOSE DRAWERS; REMODELED BATH WITH NEW PLUMBING AND FIXTURES (2-PERSON SHOWER); ORGANIZED, MIRRORED CLOSETS; AND MORE.
INDOOR POOL, HUGE ROOF-TOP GYM, PARTY ROOM, SUNDECK. PARK: $245. NO DOGS.
Unit #706: 1 bedroom, 1 bath, 755 square feet
- Sold in August 1996 for $83,000
- Sold in September 2002 for $168,000
- Was listed for $274,000
- Currently listed for $249,000
- Assessments of $428 a month
- Koenig & Strey has the listing