2901 S  Michigan Ave #703, Chicago, IL 60616
FOR SALE

2901 S Michigan Ave #703
Chicago, IL 60616

South Commons
  • Studio
  • 1 Bath
  • 560 sqft
  • Studio
  • 1 Bath
  • 560 sqft

$98,500

Original price: $93,500
Est. Mortgage $1,121/mo*

Local Information

map showing home location
© Google
-- mins to
Commute Destination

Description

Move-in condition studio. Light and bright with beautiful city and park views. Full amenity building, security, out door pool, on-site management. Close to IIT, Chinatown, south loop, lakeshore. Across st is community park, tennis court, running track. Free street parking. Leased parking is available. Heating, water, gas are included in association fee. An extra storage space is included. Laundry room on-site. Freshly painted, well maintained laminating floor. It is a nice and cozy space for a single person, first-time home buyer, student, or young professionals.

Home Highlights

Parking
1 Parking Spaces
Outdoor
No Info
A/C
Heating & Cooling
HOA
$364/Monthly
Price/Sqft
$176
Listed
43 days ago

Home Details for 2901 S Michigan Ave #703

Active Status

MLS Status: Price Change

Interior Features

Interior Details
Basement: NoneNumber of Rooms: 3Types of Rooms: Bedroom 4, Family Room, Laundry, Dining Room, Master Bedroom, Bedroom 2, Kitchen, Living Room, Balcony Porch Lanai, Bedroom 3
Beds & Baths
Number of Bathrooms: 1Number of Bathrooms (full): 1
Dimensions and Layout
Living Area: 560 Square Feet
Appliances & Utilities
Appliances: Range, Dishwasher, RefrigeratorDishwasherLaundry: Second Floor LaundryRefrigerator
Heating & Cooling
Heating: RadiantHas CoolingAir Conditioning: Window/Wall Unit - 1Has HeatingHeating Fuel: Radiant
Fireplace & Spa
No Spa
Windows, Doors, Floors & Walls
Window: Storms/Screens
Levels, Entrance, & Accessibility
Number of Stories: 28Accessibility: No Disability AccessElevator

Exterior Features

Exterior Home Features
Roof: Tar GravelExterior: BalconyFoundation: Concrete Perimeter
Parking & Garage
Parking Spaces: 1
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer

Days on Market

Days on Market: 43

Property Information

Year Built
Year Built: 1970
Property Type / Style
Property Type: ResidentialProperty Subtype: Condominium, Apartment, Single Family Residence
Building
Construction Materials: Brick, ConcreteNot a New Construction
Property Information
Parcel Number: 17273100931189

Price & Status

Price
List Price: $98,500Price Per Sqft: $176
Status Change & Dates
Possession Timing: Close Of Escrow, Immediate, Negotiable

Location

Direction & Address
City: ChicagoCommunity: South Commons
School Information
Elementary School District: 299Jr High / Middle School District: 299High School District: 299

Agent Information

Listing Agent
Listing ID: 12006152

HOA

HOA Fee Includes: Heat, Water, Gas, Insurance, Security, Exterior Maintenance, Lawn Care, Scavenger, Snow RemovalHas an HOAHOA Fee: $364/Monthly

Listing Info

Special Conditions: None

Compensation

Buyer Agency Commission: 2%-$395Buyer Agency Commission Type: See Remarks:
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Business

Business Information
Ownership: Condo

Miscellaneous

Mls Number: 12006152

Additional Information

HOA Amenities: Coin Laundry,Elevator(s),Storage,On Site Manager/Engineer,Party Room,Sundeck,Pool,Security Door Lock(s)Mlg Can ViewMlg Can Use: IDX
Last check for updates: about 19 hours ago
Listing courtesy of: Xiaohuang Wu
AiHome Realty Group LLC
Source: MRED as distributed by MLS GRID, MLS#12006152

Price History for 2901 S Michigan Ave #703

DatePriceEventSource
04/25/2024$98,500PendingToActiveMRED as distributed by MLS GRID #12006152
04/08/2024$93,500ContingentMRED as distributed by MLS GRID #12006152
03/16/2024$93,500Listed For SaleMRED as distributed by MLS GRID #12006152
09/27/1999$33,500Sold
N/A

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Property Taxes and Assessment

Year2021
Tax$1,254
Assessment$62,150
Home facts updated by county records

Comparable Sales for 2901 S Michigan Ave #703

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.00
Condo
$85,000
07/14/23
1
560
0.04
Condo
$85,000
06/20/23
1
1
660
0.14
Condo
$76,000
05/09/23
1
555
0.04
Condo
$103,500
03/15/24
1
670
0.00
Condo
$115,000
11/17/23
1
1
800
0.04
Condo
$99,000
07/18/23
1
1
800
0.06
Condo
$90,000
09/22/23
1
1
800

Neighborhood Overview

See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about South Commons

  • Trulia User
    "nice place to live when you know Exactly what you looking for... when you start to argue with people, you just started your trouble. Bater stay friendly and walk you way. "
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  • Trulia User
    "Easy access to public transit. Easy access to eway as well. Ive always jas commutes to any side of town be about 30 mims"
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  • Trulia User
    "There are No community events that I know of. It is very close to downtown Chicago where all of the action and festivals are."
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  • Beenish R.
    "South Common doesn't allow dogs until unless they are therapy/guidance dogs ones. There is however a dog groomer across the street"
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  • Valencia T.
    "Public transportation is always available from the bus to the train. The great thing is your commutes is short because you’re close to downtown, the lake, McCormick place, and so much more... "
    1
    Flag
  • Ldavis137
    "Beautiful park across the street with really nice playground equipment. Organized soccer games every Saturday and Sunday. Tennis courts. "
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  • Trulia User
    "South Commons does not allow dogs unless they are service animals. However there are several dogs that live here and I know that they are not service animals. "
    2
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  • Ldavis137
    "Great location! Close to everything, downtown, public transportation, easy access to Lakeshore Drive and major highways. "
    1
    Flag
  • Sean
    "how is the parking, during winters? street parking can be difficult, especially, during a Chicago winter."
    0
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LGBTQ Local Legal Protections

Xiaohuang Wu, AiHome Realty Group LLC
Based on information submitted to the MLS GRID as of 2024-02-07 09:06:36 PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
2901 S Michigan Ave #703, Chicago, IL 60616 is a studio, 1 bathroom, 560 sqft condo built in 1970. 2901 S Michigan Ave #703 is located in South Commons, Chicago. This property is currently available for sale and was listed by MRED as distributed by MLS GRID on Mar 16, 2024. The MLS # for this home is MLS# 12006152.