2901 S Michigan Ave Unit 1410 Chicago, IL 60616
South Commons Neighborhood
1
Bed
1
Bath
850
Sq Ft
$438/mo
HOA Fee
About This Home
As of October 2024Welcome to this 16th floor one bedroom condo with northeast lake and skyline views! Spacious living room/bedroom areas. Building amenities include elevator, outdoor pool, storage, laundry room and an onsite engineer. Close to downtown Chicago, Lake Michigan, LSD and 90/94. Rental parking available through the management office.
Last Agent to Sell the Property
Pearson Realty Group License #471002409 Listed on: 08/22/2024
Last Buyer's Agent
Non Member
NON MEMBER
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $937
Year Built
- Built in 1972
HOA Fees
- $438 Monthly HOA Fees
Home Design
- Concrete Block And Stucco Construction
Interior Spaces
- 850 Sq Ft Home
- Combination Dining and Living Room
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Potential Bedroom
- 1 Full Bathroom
Parking
- 1 Parking Space
- Uncovered Parking
- Parking Included in Price
Utilities
- Two Cooling Systems Mounted To A Wall/Window
- Baseboard Heating
- Heating System Uses Natural Gas
- Lake Michigan Water
Listing and Financial Details
- Homeowner Tax Exemptions
Community Details
Overview
- Association fees include heat, water, gas, insurance, security, pool, exterior maintenance, lawn care, scavenger, snow removal
- 210 Units
- Manager Association, Phone Number (312) 794-5511
- Property managed by SOUTH COMMONS CONDO ASSN
- 20-Story Property
Pet Policy
- Pets up to 25 lbs
- Limit on the number of pets
- Pet Size Limit
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 5, 2014
Sold by
Mei Xinyi and Ma Chao
Bought by
Oh Lee Ping
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Outstanding Balance
$45,939
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$85,259
Purchase Details
Closed on
Jul 12, 2012
Sold by
Harmon Nicholas M
Bought by
Mei Xinyi and Ma Chao
Purchase Details
Closed on
Mar 17, 2006
Sold by
Boyd Diane
Bought by
Harmon Nicholas M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,000
Interest Rate
6.34%
Mortgage Type
Fannie Mae Freddie Mac
Similar Homes in Chicago, IL
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $75,000 | Prairie Title | |
| Warranty Deed | $34,500 | None Available | |
| Warranty Deed | $118,000 | Stewart Title Of Illinois |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $60,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $118,000 | Fannie Mae Freddie Mac | |
| Previous Owner | $65,600 | Fannie Mae Freddie Mac |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/09/2024 10/09/24 | Sold | $76,000 | -30.9% | $89 / Sq Ft |
| 09/05/2024 09/05/24 | Pending | -- | -- | -- |
| 08/22/2024 08/22/24 | For Sale | $110,000 | -- | $129 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $1,362 | $11,926 | $3,102 | $8,824 |
| 2023 | $1,306 | $9,749 | $2,505 | $7,244 |
| 2022 | $1,306 | $9,749 | $2,505 | $7,244 |
| 2021 | $1,294 | $9,748 | $2,504 | $7,244 |
| 2020 | $700 | $6,246 | $2,049 | $4,197 |
| 2019 | $691 | $6,871 | $2,049 | $4,822 |
| 2018 | $679 | $6,871 | $2,049 | $4,822 |
| 2017 | $320 | $4,862 | $1,707 | $3,155 |
| 2016 | $474 | $4,862 | $1,707 | $3,155 |
| 2015 | $410 | $4,862 | $1,707 | $3,155 |
| 2014 | $705 | $3,802 | $1,451 | $2,351 |
| 2013 | $691 | $3,802 | $1,451 | $2,351 |
Source: Public Records
Agents Affiliated with this Home
-
Kirby Pearson
Seller's Agent in 2024
Kirby Pearson
Pearson Realty Group
(312) 805-0005
1 in this area
132 Total Sales
-
N
Buyer's Agent in 2024
Non Member
NON MEMBER
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12145008
APN: 17-27-310-093-1246
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