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    1845 S Michigan Ave, Unit 1007 Chicago, IL 60616

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    For Lease
    $2,500 /Mo

    Two-bedroom condo with modern amenities, available September 2nd.

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Condo with Unobstructed East Views

    This two-bedroom, one-bathroom condo features unobstructed east views. The unit includes newer paint, an open kitchen with stainless steel appliances and granite counters, and floor-to-ceiling windows. A spacious balcony and in-unit washer/dryer are included. Indoor parking is also provided. The property is located close to the lake, public transportation, and shopping. It will be available starting September 2nd. Please note that pets and smoking are not permitted in the unit.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Chicago Videographer | Matthew ... Video Production Service CaliChi Design Group Land Surveyor Chicago Pain Management ... Pain Management Physician RGB Hill | Chicago ... Video Production Service Vue Condominium Association Association Or Organization

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.623451
    Latitude
    41.856549

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    FAQs

    What type of property is this?
    Apartment building - Two-bedroom condo with modern amenities, available September 2nd.
    Where is this apartment building located?
    The property is located at 1845 S Michigan Ave, Unit 1007 Chicago, IL.
    What are key features of this property?
    This property features: - Unobstructed East views; - Indoor parking included; - Open kitchen with stainless appliances and granite counters
    Request Owner's contact information
    1845 S Michigan Ave, Unit 1007 Chicago, IL 60616
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    Chicago, IL 60616
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1845 S Michigan Ave, Unit 1007 Chicago, IL 60616
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