Thinking of selling in Chicago?
Sell your home in One Magnificent Mile
One Magnificent Mile homes have sold for a median of $1,000,000 over the past year, typically in about 17 days. It's a balanced market. Here's the full picture, and what your home is worth today.
The One Magnificent Mile market right now
Live from MLS closings · last 12 months$1,000,000
Median sale
7
Homes sold
12 mo
35
Avg. days on mkt
$546
Median $/sqft
3
For sale now
~5.1 mo supply
Median price by year
▲ 29.9%What I know about One Magnificent Mile
Values climbing
The median sale price is up about 29.9% year over year, so equity has been building for owners here.
Recently sold in One Magnificent Mile
Jul 2026$1,000,000
950 Michigan Avenue
2 bd · 3.5 ba · 1,830 sf · 17d · 95% of list
Apr 2026$5,118,750
950 Michigan Avenue
6 bd · 9.5 ba · 9,000 sf · 47d · 93% of list
Nov 2025$1,462,500
950 MICHIGAN Avenue
3 bd · 3.5 ba · 2,430 sf · 12d · 98% of list
Photo coming soon
Oct 2025$398,900
950 Michigan Avenue
1 bd · 1.5 ba · 1,570 sf · 62d · 89% of list
Photo coming soon
Aug 2025$1,950,000
950 Michigan Avenue
3 bd · 4.5 ba · 3,000 sf · 16d · 89% of list
Aug 2025$1,000,000
950 Michigan Avenue
3 bd · 2.5 ba · 2,175 sf · 12d · 100% of list
Aug 2025$910,000
950 MICHIGAN Avenue
2 bd · 3.5 ba · 1,860 sf · 78d · 98% of list
Photo coming soon
May 2025$710,000
950 Michigan Avenue
3 bd · 2.5 ba · 1,830 sf · 13d · 98% of list
Sold data via MRED MLS. Shown for market reference; information deemed reliable but not guaranteed.
Selling in One Magnificent Mile: common questions
How fast do homes sell in One Magnificent Mile?
Over the past year, homes in One Magnificent Mile have gone under contract in about a month on average (35 days), with the typical home closing in about 17 days.
What is my One Magnificent Mile home worth?
Homes here have sold for a median of $1,000,000 over the last 12 months, around $546 per square foot. Every home is different, so request a free, no-obligation valuation for a figure specific to yours.
Is now a good time to sell in One Magnificent Mile?
With 3 homes for sale against 7 sales a year, about 5.1 months of supply, One Magnificent Mile is a balanced market. Sellers here have been getting about 94.5% of list price.
Thinking of selling?
What's your home actually worth?
Not a Zestimate. A real CMA from someone who's sold this neighborhood, knows the floor plan premiums, and can tell you which upgrades the buyer pool here actually pays for.
- Pricing range with comp-by-comp logic
- Pre-list improvements that pay back, and the ones that don't
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