625 North Michigan Avenue

This has been categorized as a commercial property type. In total, the area measurement of the land is 16,501 square feet.

Learn more about the property and building on this page. The property was last sold in Jun 23, 2015 for $6,600,000. 625 North Michigan Avenue was last assessed in 2023. The total value of the property was assessed at $1,523,909. Specifically, the land the property is located on was valued at $218,226. While improvements on the property were assessed at a total of $1,305,683. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $314,956. The initial tax year of delinquency was in 2021. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.