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Listing provided courtesy of Dhome Realty Group LLCMREDas Distributed by MLSGrid- MLS# 12497751MLS Provider

950 N Michigan Avenue #4704Chicago, IL 60611

Condo/Townhouse · 1 Bed · 2 Full Baths · 1 Half Bath · 1,500 Sq. ft.
$749,000 Active

950 N Michigan Avenue #4704 Overview

Time on Site:
18 days
Visits:
0

Luxury living at its finest in the heart of the Magnificent Mile! This spacious 1-bedroom, 2.5-bath residence at One Magnificent Mile offers beautiful views, abundant natural light, and a wonderful opportunity to make it your own. Originally designed as a 2-bedroom residence, this home was converted into an oversized 1-bedroom layout and can easily be converted back to a 2-bedroom to suit your needs. The oversized living room and separate dining area provide a comfortable flow for everyday living and entertaining. Stunning double balcony doors in both the living and dining areas frame beautiful downtown views and fill the home with natural sunlight, creating the perfect setting to enjoy your morning coffee or unwind with an evening tea while watching the sunset and taking in the beautiful city skyline. The kitchen features timeless cherry wood cabinetry, granite countertops, and high-end stainless-steel appliances that have been gently used. The spacious primary suite offers a large walk-in closet and two full bathrooms, including a spa-like bath with granite finishes and a whirlpool Jacuzzi tub. Additional conveniences include in-unit laundry, abundant closet space, and plenty of storage throughout. Bring your renovation ideas and personal touches to transform this exceptional residence into your dream home. This is a rare opportunity to customize a generously sized home in one of Chicago's most desirable full-service buildings. Residents enjoy outstanding amenities, including a 24-hour door staff, fitness center, outdoor swimming pool, and sundeck. Ideally located on prestigious Michigan Avenue between Oak Street and Walton Street, directly across from the iconic Drake Hotel, and just steps from luxury shopping, fine dining, Oak Street Beach, and everything the Magnificent Mile has to offer. Sold as-is.

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950 N Michigan Avenue #4704 Facts & Features

  • Type Condo/Townhouse
  • Sq. ft. 1,500
  • Price/Sq.ft. $499

Details

General

Association/HOA

  • Association Amenities: Bike Room/Bike Trails, Door Person, Elevator in Residence, Exercise Room, On Site Manager/Engineer, Sundeck, Indoor Pool, Receiving Room, Security Door Lock(s), Valet/Cleaner, Elevator(s), Private Indoor Pool
  • Association Fee: $1,833.00
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Water, Insurance, Doorman, TV/Cable, Exercise Facilities, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Internet

School Information

  • School District: 299

Building Information

  • New Construction: No
  • Year Built: 1983

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: CHI - Near North Side
  • Township: North Chicago

Rent/Lease Information

  • Lease Amount: 348

Tax Information

  • Tax Annual Amount: $10,687.00
  • Tax Year: 2024

General Information

  • New Construction: No
  • Ownership: Condo
  • Parcel Number: 17032070681182
  • Pets Allowed: Cats OK, Dogs OK, Size Limit
  • Property Type: Residential
  • Special Listing Conditions: None

Interior

Building Information

  • Approx. Total Finished SqFt.: 1420
  • Disability Access: No
  • Total SqFt.: 1420

Parking Information

  • Garage Spaces: 0

Beds/Baths

  • Bathrooms Full: 2
  • Bathrooms Half: 1
  • Bathrooms Total: 3
  • Bedrooms Total: 1
  • Bedrooms Possible: 1

General Information

  • Appliances: Microwave, Dishwasher, Refrigerator, High End Refrigerator, Washer, Dryer, Stainless Steel Appliance(s), Cooktop, Oven, Range Hood
  • Basement: None
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Flooring: Hardwood
  • Foundation Details: Concrete Perimeter, Reinforced Caisson
  • Heating: Electric
  • Interior Features: Walk-In Closet(s), Granite Counters
  • Laundry Features: Washer Hookup,In Unit
  • Living Area: 1500
  • Living Area Source: Other
  • Other Equipment: TV-Cable, Fire Sprinklers
  • Rooms Total: 4
  • Stories Total: 56
  • Window Features: Aluminum Frames

Unit Information

  • Unit Number: 4704

Exterior

Parking Information

  • Parking Features: Heated Garage, Yes, Leased, Attached, Garage
  • Parking Total: 0

Lot Information

  • Additional Parcels: No
  • Lot Features: Common Grounds
  • Lot Size Dimensions: Common
  • Water Source: Lake Michigan

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Marble/Granite, Concrete

General Information

  • Exterior Features: Balcony
  • Sewer: Public Sewer

Room Information

Room: Balcony/Porch/Lanai

  • Level: Main
  • Dimensions: 4X34

Room: Dining Room

  • Level: Main
  • Dimensions: 19X12

Room: Foyer

  • Level: Main
  • Dimensions: 12X9

Room: Kitchen

  • Level: Main
  • Dimensions: 15X14

Room: Laundry

  • Level: Main
  • Dimensions: 4X5

Room: Living Room

  • Level: Main
  • Dimensions: 22X17

Room: Master Bedroom

  • Level: Main
  • Dimensions: 17X20

Room: Walk In Closet

  • Level: Main
  • Dimensions: 6X5

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

Room: Bedroom 2

  • Level: N/A

Room: Bedroom 3

  • Level: N/A

Room: Bedroom 4

  • Level: N/A

Room: Family Room

  • Level: N/A

950 N Michigan Avenue #4704 Neighborhood

Community

60611 (Chicago) Demographics

38
Median Age
24,146
Population Density (per sq. mile)
89%
College Educated
$108,413
Estimated Median Income
9,873
Estimated Total Home Owners
11,841
Estimated Total Renters
45% / 55%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

950 N Michigan Avenue #4704 Monthly Cost

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Jeremy Woods
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

950 N Michigan Avenue #4704 Market Data

Based on the last 30 days in this zip code

$1,087,682
Average List Price
$635
Average Price per Square Foot
107
Properties Sold
90
Average Days on Market
560
Properties for Sale
Calculations provided by Reliance Network

950 N Michigan Avenue #4704 History

Date Event Value Agent
6/18/2026Source: MRED Status Change
Active
6/12/2026Source: MRED Added to Database
June 12, 2026