Sales update: At least 27 developer units, eight resales left at Michigan Avenue Tower II

by Joseph Askins on 3/27/09

Interior of Michigan Avenue Tower II, 1400 S Michigan Ave, Chicago

It’s hard to get a read on just how many units are available in Russland Capital Group’s Michigan Avenue Tower II in the South Loop. Along with the 27 one- and two-bedroom condos the developer classifies as unsold units, there are a number of homes inside the building that have defaulted and are going back on the market. I don’t know what that number is, but I did get a run-down of price-ranges for those 27 pristine, never-touched units, thanks to Frankel & Giles agent Rhonda Hoff, who showed me around the models you see in the pictures above and below.

Those unit styles and prices include:

Eight resales surface in an MLS search for the tower’s address, 1400 S Michigan Ave. They include:

  • One 3,471 square-foot four-bedroom / 3.5-bath priced at $2.99 million
  • Two 1,260 square-foot two-bedroom / two-baths priced in the $490s and $500s
  • Two 826 square-foot one-bedroom / one-baths priced in the $290s and $370s
  • One 751 square-foot one-bedroom / one-bath priced in the $280s
  • One 692 square-foot one-bedroom / one-bath priced in the $270s
  • One 783 square-foot one-bedroom / one-bath priced in the $230s

Nine one- and two-bedrooms are also listed as rentals, at prices ranging from for $1,275 to $2,495 a month.

NewHomeNotebook:
Rate and review Michigan Avenue Tower II

Related posts:
We like to watch: Views of the South Loop and beyond from Michigan Avenue Tower II (March 25)

Interior of Michigan Avenue Tower II, 1400 S Michigan Ave, Chicago Interior of Michigan Avenue Tower II, 1400 S Michigan Ave, Chicago

Interior of Michigan Avenue Tower II, 1400 S Michigan Ave, Chicago Interior of Michigan Avenue Tower II, 1400 S Michigan Ave, Chicago

Interior of Michigan Avenue Tower II, 1400 S Michigan Ave, Chicago Interior of Michigan Avenue Tower II, 1400 S Michigan Ave, Chicago

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Related posts:

  1. Sales update: Post-auction prices arrive at Michigan Avenue Tower II
  2. Sales update: 37 unsold homes at Metropolitan Tower on Michigan Avenue
  3. Sales update: Price cuts and resales emerge at Silver Tower in River North
  4. Michigan Avenue Tower II auction rakes in $11.2 million with 43 sales
  5. Michigan Avenue Matchup: Comparing $390,000 one-bedrooms at Metropolitan Tower and Six North Michigan

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