Why Live in South Commons
South Commons, located just three miles south of downtown Chicago, offers residents a balance of urban living with a touch of tranquility. This neighborhood, originally designed as a 20-acre development, features a mix of low- and high-rise apartments and condominiums, providing diverse housing options with views of Lake Michigan and the Chicago skyline. While home costs here are generally lower than in nearby areas, the community remains rich in amenities. Dunbar Park, which covers nearly half of South Commons, provides sports fields, tennis courts, and a playground, making it a hub for outdoor activities. Just a mile east, Margaret T. Burroughs Beach offers a sandy retreat with stunning city views, while the nearby 31st Street Harbor caters to boating enthusiasts. For shopping needs, residents can visit Lake Meadows Shopping Center, which houses various retail outlets and grocery stores like Jewel-Osco and Mariano’s. Dining options range from the authentic flavors of Yassa African Restaurant to the Michelin-starred Moody Tongue on Wabash Avenue. The neighborhood's proximity to major highways and public transportation ensures easy access to downtown Chicago and attractions like the Field Museum, just three miles away. South Commons also hosts the annual Taste of Chicago in nearby Grant Park, a celebrated food festival featuring the city's culinary delights.
Home Trends in South Commons, IL
On average, homes in South Commons, Chicago sell after 66 days on the market compared to the national average of 70 days. The median sale price for homes in South Commons, Chicago over the last 12 months is $750,000, up 7% from the median home sale price over the previous 12 months.
Median Sale Price
$750,000
Median 2 Bedroom Sale Price
$750,000
Average Price Per Sq Ft
$595
Number of Homes for Sale
0
Last 12 months Home Sales
1
Median List Price
$765,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
7%