$120,000
PENDING

2901 S Michigan Ave Unit 1706 Chicago, IL 60616

South Commons Neighborhood

Estimated payment $1,081/month

Total Views 4,487
1 Bed
1 Bath
500 Sq Ft
$240 Price per Sq Ft

Highlights

  • Lock-and-Leave Community
  • Elevator
  • Resident Manager or Management On Site
  • Community Pool
  • Balcony
  • Home Security System

About This Home

Modern Studio Condo with Balcony & Stunning Downtown Views - Prime Chicago Location! Welcome to your urban oasis in the heart of Chicago! This stylish studio condo offers breathtaking views of the downtown skyline and cityscape-all enjoyed from your private balcony, the perfect spot for morning coffee or evening sunsets. Smartly designed with a privacy wall separating the bed space, this home delivers both function and comfort. You'll also love the generous closet space, a rare and valuable feature in studio living. Enjoy a full suite of building amenities including: Two outdoor pools On-site laundry facilities Additional storage Party room for entertaining Located just minutes from Lake Michigan, major highways, and the vibrant core of downtown Chicago, this condo offers unbeatable access to public transportation, shopping, dining, and the lakefront trail. Whether you're a first-time buyer or city commuter, , this condo is a perfect blend of comfort, convenience, and iconic views. Don't miss your chance to own a piece of Chicago with million dollar views at an affordable price!

Listing Agent

Victor Arteaga

Realty of America, LLC License #475201397 Listed on: 05/20/2025

Realty of America, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,198

Year Built

  • Built in 1973

HOA Fees

  • $342 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • Entry on the 17th floor
  • Studio
  • Concrete Block And Stucco Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 500 Sq Ft Home
  • 1-Story Property
  • Window Screens
  • Family Room
  • Combination Dining and Living Room
  • Home Security System
  • Laundry Room

Kitchen

  • Range
  • Microwave

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Balcony

Utilities

  • Heating Available
  • Lake Michigan Water
  • Cable TV Available

Community Details

Overview

  • Association fees include heat, water, gas, taxes, insurance, tv/cable, pool, exterior maintenance, lawn care, scavenger, snow removal
  • 225 Units
  • Association Phone (312) 466-8100
  • South Commons Subdivision
  • Lock-and-Leave Community

Amenities

  • Coin Laundry
  • Elevator
  • Community Storage Space

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed
  • Pets up to 20 lbs
  • Pet Size Limit

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,198

Year Built

Built in 1973

Lot Details

0

HOA Fees

$342 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Studio
  • Ownership: Condo
  • EntryLevel: 17
  • New Construction: No
  • Property Sub-Type: Condo,Studio
  • Subdivision Name: South Commons
  • Year Built: 1973
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • MRD_WaterViewYN: No
  • Special Features: UnderContract
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Range, Microwave, Refrigerator
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • LivingArea: 500
  • Other Equipment: TV-Cable, Security System
  • Room Type: Other Room
  • Stories Total: 1
  • Window Features: Screens
  • Estimated Total Finished Sq Ft: 0
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • Construction Materials: Concrete
  • ExteriorFeatures: Balcony
  • Foundation Details: Concrete Perimeter
  • List Price: 120000
  • Roof: Other
  • Waterfront: No

Garage/Parking

  • Parking Features: Asphalt, Off Site, Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Wall Unit(s)
  • Electric: Fuses
  • Heating: Electric
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Size Limit
  • Association Fee: 342
  • Association Amenities: Coin Laundry, Elevator(s), Storage, On Site Manager/Engineer, Pool, Security Door Lock(s)
  • Association Fee Frequency: Monthly
  • Management: Manager On-site,Monday through Friday
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: N
  • Management Contact Name: N
  • Management Phone: 312-466-8100

Fee Information

  • Association Fee Includes: Heat, Water, Gas, Taxes, Insurance, TV/Cable, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Schools

  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 20

Tax Info

  • Tax Annual Amount: 1198.32
  • Tax Year: 2023
  • Tax Exemptions: None

Multi Family

  • Units in Building: 225

MLS Schools

  • Other Public Sch Dist: 299

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $1,198 $6,927 $1,802 $5,125
2023 $1,168 $5,662 $1,455 $4,207
2022 $1,168 $5,662 $1,455 $4,207
2021 $1,142 $5,661 $1,454 $4,207
2020 $808 $3,627 $1,190 $2,437
2019 $802 $3,991 $1,190 $2,801
2018 $788 $3,991 $1,190 $2,801
2017 $608 $2,823 $991 $1,832
2016 $565 $2,823 $991 $1,832
2015 $517 $2,823 $991 $1,832
2014 $410 $2,207 $842 $1,365
2013 $401 $2,207 $842 $1,365
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2025 08/30/25 Off Market $120,000 -- --
08/26/2025 08/26/25 Pending -- -- --
08/22/2025 08/22/25 For Sale $120,000 0.0% $240 / Sq Ft
06/10/2025 06/10/25 Pending -- -- --
05/20/2025 05/20/25 For Sale $120,000 -- $240 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $80,000 Prairie Title
Warranty Deed $79,000 Atg
Warranty Deed $44,000 Near North National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $65,000 New Conventional
Closed $72,000 Unknown
Previous Owner $63,200 Unknown
Previous Owner $63,000 Credit Line Revolving
Previous Owner $42,393 Unknown
Previous Owner $43,000 Unknown
Previous Owner $41,800 Unknown
Source: Public Records

Source: Midwest Real Estate Data (MRED)

MLS Number: 12369980

Midwest Real Estate Data (MRED)

APN: 17-27-310-093-1292