NOT LISTED FOR SALE

South Commons 2901 S Michigan Ave Unit 1202 Chicago, IL 60616

South Commons Neighborhood

Estimated Value: $189,687

2 Beds
2 Baths
1,200 Sq Ft
$712/ mo HOA Fee

Last Sold May 03, 2024

Last sale price $195,000 $162 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $1,914/month

10 Days on Market

Highlights

  • In Ground Pool
  • Landscaped Professionally
  • Balcony
  • Heated Floors
  • Fenced Yard
  • Resident Manager or Management On Site

About This Home

As of May 2024

Enjoy this beautifully-rehabbed southeast corner unit with its lake, tennis court, park, running track, & other views of the city. It has been meticulously updated with new Studio 41 kitchen cabinetry, quartz countertops, kitchen Frigidaire appliance package, Pergo XP Haley oak flooring, & LED lighting throughout. The bedrooms & bathrooms have been renovated. The master bedroom has its own bathroom, with new vanity & LED mirrors with defogger in bathrooms. The unit has an open floorplan, large living/dining area combination, & exceptionally-large extended counters that can serve as dining areas where one can serve guests as you are entertaining from your renovated kitchen. You will appreciate the bus stops right outside your door on Michigan Avenue, & the close proximity to Mariano's, White Sox Park, Lake Meadows shopping center, & the Illinois Institute of Technology. Parking is rental assigned from the management office.

Last Agent to Sell the Property

Muriel Carter

Century 21 S.G.R., Inc. License #475154099 Listed on: 03/15/2024

Century 21 S.G.R., Inc.

Last Buyer's Agent

Iman White

Real People Realty License #475210012

Real People Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,509

Year Built

  • Built in 1971

Lot Details

  • Fenced Yard
  • Landscaped Professionally

HOA Fees

  • $712 Monthly HOA Fees

Home Design

  • Rubber Roof
  • Concrete Block And Stucco Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,200 Sq Ft Home
  • Combination Dining and Living Room
  • Heated Floors

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • In Ground Pool

Utilities

  • 3+ Cooling Systems Mounted To A Wall/Window
  • Radiant Heating System
  • Lake Michigan Water
  • Cable TV Available

Community Details

Overview

  • Association fees include heat, water, gas, insurance, security, exterior maintenance, scavenger
  • 201 Units
  • Nate Smiley Association, Phone Number (312) 842-9720
  • High-Rise Condominium
  • South Commons Subdivision
  • Property managed by The Building Group
  • 21-Story Property

Amenities

  • Common Area
  • Coin Laundry
  • Elevator

Recreation

Pet Policy

  • Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,509

Year Built

Built in 1971

Lot Details

8.39 Acres

HOA Fees

$712 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,High Rise (7+ Stories)
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,High Rise (7+ Stories)
  • Subdivision Name: South Commons
  • Year Built: 1971
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 12
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 21

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Elevator, Heated Floors
  • LivingArea: 1200
  • Room Type: No additional rooms
  • Stories Total: 21
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Balcony, In Ground Pool, Cable Access
  • Foundation Details: Concrete Perimeter
  • Lot Features: Common Grounds, Fenced Yard, Landscaped
  • Roof: Rubber
  • Waterfront: No
  • Exterior Building Type: Concrete

Garage/Parking

  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Cooling: Window/Wall Units - 3+
  • Electric: Circuit Breakers
  • Heating: Radiant
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK
  • Association Fee: 712
  • Association Amenities: Coin Laundry, Elevator(s), Storage, On Site Manager/Engineer, Pool
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site,Monday through Friday
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: The Building Group
  • Management Contact Name: Nate Smiley
  • Management Phone: 312-842-9720
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Water, Gas, Insurance, Security, Exterior Maintenance, Scavenger, Other

Lot Info

  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No

Tax Info

  • Tax Annual Amount: 2508.9
  • Tax Year: 2022

Multi Family

  • Units in Building: 201

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2024
Closed on
May 3, 2024
Sold by
Bailey Lydia Hadley and Lydia Hadley Bailey Living Trust
Bought by
Langston Darryl
Seller's Agent
Muriel Carter
Century 21 S.G.R., Inc.
Buyer's Agent
Iman White
Real People Realty
List Price
$199,999
Sold Price
$195,000
Premium/Discount to List
-$4,999
-2.5%
Views
81
Current Estimated Value
$189,687

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,313
Avg. Annual Appreciation
-1.46%
Original Mortgage
$10,000
Interest Rate
0.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 27, 2013
Closed on
Jun 19, 2013
Sold by
Chicago Title Land Trust Co
Bought by
Bailey Lydia Hadley and Lydia Hadley Bailey Trust
Seller's Agent
Ronald Sears
Century 21 S.G.R., Inc.
Buyer's Agent
Margie Smigel
The Margie Smigel Group, LLC
List Price
$69,900
Sold Price
$68,000
Premium/Discount to List
-$1,900
-2.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.21%

Purchase Details

Closed on
Jul 12, 2012
Sold by
Standard Bank & Trust Co
Bought by
Chicago Title & Land Trust and Trust Number 8002359796

Purchase Details

Closed on
Oct 8, 2008
Sold by
Miller Gerald Joseph
Bought by
Standard Bank & Trust Co and Trust #20439

Purchase Details

Closed on
Jul 29, 2008
Sold by
Stevens Eric M and Stevens Erin
Bought by
Miller Gerald Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Interest Rate
6.39%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 27, 2007
Sold by
Stevens Eric M and Stevens Erin
Bought by
Tcif Reo Gcm Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,750
Interest Rate
6.13%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 22, 2007
Sold by
Park Myung Man
Bought by
Tcif Reo Gcm Llc
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Langston Darryl $195,000 Chicago Title Insurance Compan
Langston Darryl $195,000 Chicago Title Insurance Compan
Bailey Lydia Hadley $68,000 None Available
Bailey Lydia Hadley $68,000 None Available
Chicago Title & Land Trust -- None Available
Chicago Title & Land Trust -- None Available
Standard Bank & Trust Co -- None Available
Standard Bank & Trust Co -- None Available
Miller Gerald Joseph $180,000 Pntn
Miller Gerald Joseph $180,000 Pntn
Tcif Reo Gcm Llc $137,500 First American Title
Tcif Reo Gcm Llc $137,500 First American Title
Tcif Reo Gcm Llc -- None Available
Tcif Reo Gcm Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Langston Darryl $10,000
Open Langston Darryl $185,250
Previous Owner Miller Gerald Joseph $54,000
Previous Owner Tcif Reo Gcm Llc $123,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/03/2024 05/03/24 Sold $195,000 -2.5% $163 / Sq Ft
03/26/2024 03/26/24 Pending -- -- --
03/15/2024 03/15/24 For Sale $199,999 +194.1% $167 / Sq Ft
07/03/2013 07/03/13 Sold $68,000 -2.7% $57 / Sq Ft View Prior Sale
06/27/2013 06/27/13 Pending -- -- --
06/27/2013 06/27/13 For Sale $69,900 -- $58 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,574 $14,878 $3,870 $11,008
2024 $2,574 $14,878 $3,870 $11,008
2023 $2,509 $12,162 $3,125 $9,037
2022 $2,509 $12,162 $3,125 $9,037
2021 $2,453 $12,160 $3,124 $9,036
2020 $1,736 $7,791 $2,556 $5,235
2019 $1,722 $8,572 $2,556 $6,016
2018 $1,693 $8,572 $2,556 $6,016
2017 $1,306 $6,066 $2,130 $3,936
2016 $1,215 $6,066 $2,130 $3,936
2015 $1,112 $6,066 $2,130 $3,936
2014 $880 $4,743 $1,810 $2,933
2013 $384 $4,743 $1,810 $2,933
Source: Public Records

Agents Affiliated with this Home

  • Muriel Carter

    Seller's Agent in 2024

    Muriel Carter

    Century 21 S.G.R., Inc.

    (773) 480-0060

    7 in this area

    24 Total Sales

    Muriel Carter
    Section Image
  • Iman White

    Buyer's Agent in 2024

    Iman White

    Real People Realty

    (312) 465-0020

    1 in this area

    3 Total Sales

    Iman White
    Section Image

  • R

    Seller's Agent in 2013

    Ronald Sears

    Century 21 S.G.R., Inc.

    Section Image
  • Margie Smigel

    Buyer's Agent in 2013

    Margie Smigel

    The Margie Smigel Group, LLC

    (312) 953-1466

    1 in this area

    68 Total Sales

    Margie Smigel
    Section Image
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About South Commons

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12004427

Midwest Real Estate Data (MRED)

APN: 17-27-310-093-1238

Illinois Cook County Chicago 60616 South Commons

2901 S Michigan Ave Unit 1202, Chicago, IL

Not Listed for Sale

Condos

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) Based on information submitted to the MLS GRID. 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.
Based on information submitted to the MLS GRID

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