About this home

This 1 bed, 1 bath condo at 1918 S Michigan Ave Apt 307 in Chicago, IL. Listed at $265,000 with 2 days on market.

What it's like to live here

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Property details

Price: $265,000
Bedrooms: 1
Bathrooms: 1
Type: Condo
Days on market: 2
Est. property tax: $5,512/yr · $459/mo · 2.08% IL avg

Estimated monthly payment

Down payment20% ($53,000)

Interest rate6.75%

Principal & Interest$1,375

Property Tax$243

Insurance$150

Total$1,768/mo

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Location

This home is located in Chicago, IL. Browse more Chicago listings on the Chicago market page or explore the full Chicago market report.

About Chicago: Chicago is the most populous city in the U.S. state of Illinois and in the Midwestern United States. Located on the western shore of Lake Michigan, it is the third-most populous city in the United States, with a population of 2.74 million at the 2020 census. The Chicago metropolitan area has 9.41 million residents and is the third-largest metropolitan area in the country. Chicago is the seat of Cook County, the second-most populous county in the U.S. (source: Wikipedia)

Climate: Average year-round temperature is 51°F with 211 dry days per year and 39.9 inches of annual rainfall.

Home Intelligence

Neighborhood (zip 60616)

This neighborhood is primarily renter-occupied (38% owner-occupied). Median age is 37.6; 26% hold a bachelor's degree; median household income is $72,326.

Median income: $72,326
Median age: 37.6
Owner-occupied: 37.9%
Bachelor's degree: 25.7%
Census median home value: $391,100

Source: US Census Bureau American Community Survey 5-year estimates.

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$265,000

1918 S Michigan Ave Apt 307, Chicago, IL