Chicago · Home sale

435 Michigan Ave Unit 1702 in Chicago sells for $4.12 million

A condominium at 435 Michigan Ave Unit 1702, Chicago sold for $4,120,000 on July 31, 2026. See the seller and buyer net sheets for this sale.

Aerial view of 435 Michigan Ave Unit 1702, Chicago with the parcel outlined
Aerial photo: U.S. Geological Survey. Parcel outline: Cook County Assessor. The photo can predate the sale.
Sale price
$4,120,000
Sold
July 31, 2026
Property type
Condominium
Year built
2021

A condominium at 435 Michigan Ave Unit 1702 in Chicago sold for $4,120,000, a price that is 4.9 times the market value on record with the Cook County Assessor, according to the Assessor’s sales records.

The sale closed on July 31, 2026. The Assessor’s records list John Vlahakis as the buyer and show a 2021 construction date.

Listing data shows the unit has 3 bedrooms and 4 bathrooms. The Assessor’s market value for the property is $835,710.

What this sale costs to close

What does closing cost at this price? Under Cook County custom the seller's larger charges are $12,360 for the chicago transfer tax (CTA portion) and $9,715 for the owner's title insurance policy. With a 5% commission, the seller's estimated net is $3,834,142 before any mortgage payoff. A buyer putting 20% down would need about $881,845 at closing.

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435 Michigan Ave Unit 1702, Chicago, IL.

Source: Cook County Assessor, parcel sales (Cook County Open Data), document 2621521016. Property details: Cook County Assessor. Net sheets are estimates from the NetSheet.org rules engine, not the parties' actual closing statements. Request a correction or removal.

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