FEATURED LISTING
Spacious, high floor, updated unit with wonderful skyline views. Unit features
Description provided by Trulia.
Description provided by Realty Trac.
Listing Details
| Status | For Sale |
| Listing Type | Resale |
| MLS/Source ID | 7004467 |
| Total views (as of 7/12/09) |
245 |
Contact info
Provided by: atproperties.com
Inquire about this property
Street view
This property
$79,900
$79,900
Similar homes for sale
$75,975
$75,975
Recently sold homes
$74,250
$74,250
Similar homes for sale
Average listing price is $75,975
Recently sold homes
Average sales price is $74,250
| This home | ||
|---|---|---|
| Listing price: | $79,900 | |
| Compared to similar homes | ||
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| Avg. listing price: | $75,975 | +5% |
| Avg. sales price: | $74,250 | +8% |
| Compared to Douglas | ||
|---|---|---|
| Avg. listing price: | $280,616 | -72% |
| Avg. sales price: | $191,417 | -58% |
| Avg. price/sqft: | $118 | |
Comparisons are relative to similar homes on Trulia and are intended as a
guide only. Home values are affected by many factors—find out more
| This home | ||
|---|---|---|
| Listing price: | $79,900 | |
| Compared to Chicago | ||
|---|---|---|
| Avg. listing price: | $460,585 | -83% |
| Avg. sales price: | $302,073 | -74% |
| Avg. price/sqft: | $142 | |
Elementary
Middle
High
| SCHOOL NAME | SCHOOL TYPE | PARENT RATING | DISTANCE (mi) | TEST RATING |
|---|---|---|---|---|
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Drake Elementary School
Chicago Public School District 299 |
Public | 0.27 | ||
| The preschool special education program is the best! Mr. Mike Wilson is a great teacher who is attentive and responsive to the needs of each child. | ||||
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Williams Elementary School
Chicago Public School District 299 |
Public | 0.31 | ||
| I have to agree with Post: Nov. 26, 08. I went through the same changes. At first they were warm and welcoming, but when i expressed ideas about educating… | ||||
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Pershing Magnet West School
Chicago Public School District 299 |
Public | 0.48 | ||
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Loop Lab School
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Private | 0.53 | ||
| I think loop lab school at first was like one of the best schools in chicago. | ||||
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Santa Lucia Grammar School
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Catholic | 0.53 | ||
| I am a 1974 graduate of Santa Lucia. My son recently graduated in 2008. Santa Lucia is a great school. The staff is well experienced and care for all the… | ||||
View all schools in:
Chicago Public School District 299
Proximity to this address does not guarantee enrollment eligibility. Please contact a local real estate pro for more info
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Holding an Open House for this listing? Let us know the date and time and we'll post them on this page within 36 hours.
Open house times for:2901 S Michigan Ave #1006, Chicago IL 60616 |
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Recent Q&A in Douglas, Chicago, IL
| Communities near 2901 S Michigan Ave #1006, Chicago | ||||||||||||||
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This Condo located at 2901 S Michigan Ave, Chicago IL, 60616 is currently for sale and has been listed on Trulia for 151 days. This property is listed by atproperties.com for $79,900. 2901 S Michigan Ave #1006 has has 1 bath. 2901 S Michigan Ave is in the Douglas neighborhood in Chicago and in ZIP Code 60616. The list price of $79,900 is 72% lower than the average list price of $280,616 for Douglas real estate, 81% lower than the average list price of $431,070 for 60616 real estate, and 83% lower than the average list price of $460,585 for Chicago, IL real estate. The price for this property is 58% lower than the average sales price of $191,417 for Douglas, 77% lower than the average sales price of $351,921 for 60616, and 74% lower than the average sales price of $302,073 for Chicago.
School information provided by OnBoard Informatics Copyright (c) 2008. Information is deemed reliable but not guaranteed.
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Pre-Foreclosure (Notice of Default or Lis Pendens)
The foreclosure process begins when a borrower/owner defaults on loan payments and the lender files a public default notice, called a Notice of Default or Lis Pendens. Buying a property in pre-foreclosure involves approaching the borrower/owner and offering to buy the property outright. Auction (Notice of Trustee Sale or Notice of Foreclosure Sale) If the loan is not reinstated by the end of the pre-foreclosure period, potential buyers can bid on the property at a public auction. Buyers often are required to pay in cash at the auction and may not have much time to research the title and condition of the property beforehand; however, a public auction often offers some of the best bargains and avoids the unpredictability of dealing directly with the borrower/owner. Bank-owned (Real Estate Owned) If the lender takes ownership of the property, either through an agreement with the owner during pre-foreclosure or at the public auction, the lender will usually want to re-sell the property to recover the unpaid loan amount. The lender will then typically clear the title and perform needed maintenance and repair; however, the potential bargain for these REO homes is typically less than a pre-foreclosure or auction property. |
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Home price comparisons are relative to similar homes on Trulia (a close match to the home you're looking at based on how close it is, property type, size, number of bedrooms and bathrooms). Home buyers should note that property value estimates are affected by many factors and should only be used as a guide. Factors affecting home values include things like:
For further advice when evaluating a home, contact a local real estate professional. |
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A similar home is a close match to the home you're looking at based on property type, number of bedrooms and bathrooms, property age, and of course how close it is. Comparing similar homes (either for sale or sold) with the home you're looking at can help you establish a context for the listing price. Simply put, it's price comparison for houses!
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