Subdiview

Chicago · Cook County · IL

Homes for sale in Museum Park Tower IV.

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About the community

A park-and-lake-forward glass high-rise in the South Loop.

Museum Park Tower IV is a modern condominium high-rise at 1235 S Prairie Avenue in the South Loop, one of the numbered Museum Park Towers in the Central Station development at the south end of Grant Park. Designed by Pappageorge Haymes for The Enterprise Companies and completed in the mid-to-late 2000s, the reflective-glass tower rises roughly 36 to 37 stories with approximately 286 residential units, mostly one-bedroom and two-bedroom homes with floor-to-ceiling windows and many with private balconies. It is a full-service building with a pool, a fitness center, and 24-hour door staff, steps from the Museum Campus, the lakefront, and Grant Park. It is a distinct, earlier building from the taller One Museum Park towers nearby.

At a glance

Modern glass high-rise

Roughly 36 to 37 stories at 1235 S Prairie Avenue, approximately 286 units, designed by Pappageorge Haymes for The Enterprise Companies. Sources vary slightly; confirm exact figures with the condo documents.

Pool, sundeck, and fitness

A swimming pool and sundeck, a fitness center or health club, and a resident lounge or club room. Confirm the current amenity list with the association.

24-hour door staff

Staffed lobby with on-site management and maintenance, plus additional storage and an attached garage.

Grant Park and the Museum Campus

At the south end of Grant Park, a short walk to the Field Museum, Shedd Aquarium, Adler Planetarium, and the lakefront.

Metra and CTA nearby

The Museum Campus and 11th Street Metra and South Shore station is close, with the Roosevelt CTA station a short trip north and immediate Lake Shore Drive access.

Park and lake views

East-facing units look toward the lake and Museum Campus; west and north exposures capture the skyline. Views vary by floor and line.

Chicago Public Schools

South Loop Elementary is commonly cited for the area, with high school assignment in flux. Confirm the attendance boundary by address with the CPS locator.

What’s close

Museum Park Tower IV sits in the South Loop at Prairie Avenue and 13th Street, at the south end of Grant Park near the Museum Campus, Soldier Field, and the lakefront.

Building amenities
A pool and sundeck, a fitness center, a resident lounge or club room, 24-hour door staff, on-site management, additional storage, and an attached garage. Confirm the current amenity list with the association.
Parks and museums
At the south end of Grant Park, a short walk to the Field Museum, Shedd Aquarium, Adler Planetarium, Soldier Field, Northerly Island, and the Lakefront Trail.
Transit
The Museum Campus and 11th Street Metra and South Shore station is close, the Roosevelt CTA station serves the Red, Orange, and Green lines a short trip north, and Lake Shore Drive access is immediate.
Shopping and dining
The Roosevelt Road retail corridor is close, with grocery options including Jewel-Osco and Trader Joe's and other South Loop shopping.
Schools
Chicago Public Schools, with South Loop Elementary commonly cited. High school assignment in this area has been in flux, so confirm by address with the CPS locator.
Parking
An attached garage serves the building, with spaces generally deeded or leased separately from the unit. Confirm whether a space conveys with any specific listing.

What it’s actually like to live here

Museum Park Tower IV offers one of the most park-and-lake-forward settings in the South Loop. Residents step out to Grant Park, the Museum Campus, the harbor, and the Lakefront Trail, with the Field Museum, Shedd Aquarium, Adler Planetarium, and Soldier Field all within an easy walk. The building itself delivers the full-service high-rise experience many downtown buyers want: 24-hour door staff, a fitness center, a pool and sundeck, on-site management, and secured garage parking, wrapped in a modern glass tower with sweeping views. For someone who wants a lock-and-leave home with green space and the lakefront at the door, this is a strong fit.

The tradeoffs are worth naming. This is an established mid-2000s building rather than new construction, so finishes and mechanicals reflect that era and vary unit to unit depending on updates; budget for the possibility of a kitchen or bath refresh in some homes. Monthly assessments are meaningful, though they bundle in most utilities, which softens the comparison against buildings where owners pay separately. Parking is typically a separate deeded or leased cost rather than an automatic inclusion. And the immediate blocks, while quiet and residential, sit slightly apart from the densest South Loop retail and nightlife along State Street and Roosevelt Road, so daily errands and dining usually mean a short walk or drive.

Schools deserve a clear-eyed look for families. The neighborhood elementary reputation centers on South Loop Elementary, but high school assignment in this part of the city has been a long-running point of debate, and CPS boundaries and new-school plans have shifted. Any buyer planning around public schools should verify the current assigned schools by exact address before committing, rather than relying on neighborhood reputation.

The questions buyers actually ask

Museum Park Tower IV FAQ

The questions I get most from buyers shopping Museum Park Tower IV. If yours isn't here, text 224-385-8779, same-day reply.

What does the HOA actually cover?
Monthly assessments at Museum Park Tower IV vary widely by unit size and configuration. They are reported to cover most utilities, commonly including heat, air conditioning, water, cable, and internet, plus common-area maintenance, door staff, and building amenities, with the owner typically responsible for electricity. Confirm the exact amount and the full inclusion list for any specific unit with the seller's disclosure and the condo association. Cook County property taxes are billed separately per unit, and parking is generally deeded or leased separately from the residence.
What's the typical closing timeline?
45 to 90 days from accepted offer to keys. Cash deals can close in two weeks. Conventional financing is usually closer to 90.
Where exactly is Museum Park Tower IV, and is it the same as One Museum Park?
It is at 1235 S Prairie Avenue in the South Loop, one of the numbered Museum Park Towers in the Central Station development. It is a separate, earlier building from One Museum Park and One Museum Park West, which are taller and were completed later nearby. Confirm any listing by the 1235 S Prairie address.
How many units and floors does the building have?
Approximately 286 residential units across a tower of roughly 36 to 37 stories, designed by Pappageorge Haymes for The Enterprise Companies. A few sources cite 276 units and 36 floors, so confirm the precise figures against the condo documents.
What do units cost and how is the market right now?
Pricing and market activity change constantly. See the live Market snapshot on this page for current for-sale and recently-sold figures rather than a static number. In general terms, the building spans a range that rises with size, floor height, and view.
What do the monthly assessments cover?
Assessments generally include most utilities such as heat, air conditioning, water, cable, and internet, plus door staff, maintenance, and amenity access, with owners typically paying their own electricity. Amounts vary by unit size, so confirm the exact figure and inclusions on the specific unit's disclosure.
Is parking included?
The building has an attached garage. Parking is usually deeded or leased separately rather than automatically included with a unit, so verify whether a space conveys with any particular listing.
What are property taxes like?
Expect a Cook County effective rate broadly in the range of roughly 1.6 to 2.2 percent of market value, though condo rates and reassessments vary. Confirm the exact figure for a specific unit by PIN with the Cook County Assessor and Treasurer, and make sure the homeowner exemption is in place.
Who is the real estate agent for Museum Park Tower IV?
Joe Keegan is the local licensed Illinois real estate broker who covers Museum Park Tower IV in Chicago, IL through Subdiview, a neighborhood-first home search for the Chicago suburbs and collar counties. Joe prices and negotiates from the live MRED sold comps for Museum Park Tower IV specifically, not national averages, and can help you buy or sell here. Reach Joe at 224-385-8779 or joe@joekeeganhomes.com.

Your local agent

Joe knows Museum Park Tower IV

Most agents will list anything. I focus on the places I actually know, and the things that move value here don't show up in the MLS write-up: which streets and buildings hold demand, what the HOA or assessments really cover, how the comps read once you account for condition and location, and where buyers consistently want to be.

When you're ready to tour or list, you want someone who has read the last 50 closed comps in this specific market, not a national average, and can tell you what they actually mean for your price. That's how I work. Text or call any time, and I'll give you a real take, not a brochure.

  • Licensed Illinois broker
  • Comp-driven pricing
  • Chicago specialist
  • Honest local market take
  • Brokerocity

Market snapshot

Museum Park Tower IV, by the numbers

Live MRED data, refreshed daily. The numbers below tell you what this market is doing today, not what Zillow's algorithm thinks it might be doing six weeks from now.

Typical sale price · last 90 days

$613,893

Sold in the last year

5

This representation is based in whole or in part on data supplied by Midwest Real Estate Data, LLC for the period August 9, 2025 through August 9, 2026. Midwest Real Estate Data, LLC does not guarantee nor is it in any way responsible for its accuracy. Data maintained by Midwest Real Estate Data LLC may not reflect all real estate activity in the market.

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