$120,000
SOLD APR 28, 2025

2901 S Michigan Ave Unit 1801 Chicago, IL 60616

South Commons Neighborhood
-- Bed
1 Bath
440 Sq Ft
$341/mo HOA Fee

Recently Sold

$273 Per Sq Ft

4% Below List Price

15 Days on Market

Highlights

  • Water Views
  • Wood Flooring
  • Living Room
  • Lock-and-Leave Community
  • Balcony
  • Security Service

About This Home

As of April 2025

MOVE IN DREAM LAKE MICHIGAN FACING STUDIO CONDO,TASTEFULLY UPDATED.CLOSE TO LAKE FRONT WITH AMENITIES SUCH AS CLOSE TO IIT,CHINA TOWN,SOUTH LOOP. HEATING, WATER GAS INCLUDED.PETS ARE ALLOWED BUT MUST BE EMOTIONAL SUPPORT ANIMALS.

Last Agent to Sell the Property

James Stewart

Coldwell Banker Realty License #475106121 Listed on: 03/10/2025

Coldwell Banker Realty

Last Buyer's Agent

LaRetta Washington

Century 21 Circle License #471021006

Century 21 Circle

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,193

Year Built

  • Built in 1974

HOA Fees

  • $341 Monthly HOA Fees

Home Design

  • Studio
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 1 Full Bathroom
  • 440 Sq Ft Home
  • Blinds
  • Family Room
  • Living Room
  • Dining Room
  • Wood Flooring
  • Water Views
  • Laundry Room

Parking

  • 1 Parking Space
  • Off-Street Parking
  • Assigned Parking

Accessible Home Design

  • Handicap Shower
  • Accessibility Features
  • Ramp on the main level
  • Wheelchair Ramps

Utilities

  • Radiant Heating System
  • Lake Michigan Water

Additional Features

  • Balcony
  • Property is near a bus stop

Community Details

Overview

  • Association fees include heat, air conditioning, water, gas, insurance, security, exterior maintenance, lawn care, scavenger, snow removal
  • 200 Units
  • Mgr Association, Phone Number (312) 842-9720
  • South Commons Subdivision
  • Property managed by SOUTH COMMONS CONDO ASSOC.
  • Lock-and-Leave Community
  • Handicap Modified Features In Community
  • 22-Story Property

Amenities

  • Coin Laundry
  • Service Elevator
  • Lobby
  • Community Storage Space
  • Elevator

Recreation

  • Bike Trail

Pet Policy

  • Pets up to 20 lbs
  • Dogs and Cats Allowed

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,193

Year Built

Built in 1974

Lot Details

0

HOA Fees

$341 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Corridor,Studio
  • Ownership: Condo
  • EntryLevel: 18
  • New Construction: No
  • Property Sub-Type: Condo,Corridor,Studio
  • Subdivision Name: South Commons
  • Year Built: 1974
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: Yes
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • MRD_WaterViewYN: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 22

Interior Features

  • Basement: None
  • Accessibility Features: Ramp - Main Level, Wheelchair Ramp(s)
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Interior Amenities: Elevator, Lobby
  • LivingArea: 440
  • Room Type: No additional rooms
  • Stories Total: 22
  • Estimated Total Finished Sq Ft: 0
  • Bathroom Amenities: Accessible Shower
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Window Features: Blinds
  • ResoLivingAreaSource: Estimated

Exterior Features

  • Construction Materials: Brick
  • ExteriorFeatures: Balcony
  • Foundation Details: Concrete Perimeter
  • List Price: 125000
  • Roof: Tar/Gravel
  • View: Water
  • Waterfront: No

Garage/Parking

  • Parking Features: Assigned, Off Street, Leased
  • ParkingTotal: 1
  • Parking Fee/Lease $: 95

Utilities

  • Sewer: Public Sewer
  • Cooling: Wall Unit(s)
  • Electric: Fuses
  • Heating: Radiant
  • Laundry Features: Common Area
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 341
  • Association Amenities: Bike Room/Bike Trails, Coin Laundry, Elevator(s), Storage, Security Door Lock(s), Service Elevator(s), Accessible, Public Bus, Security
  • Association Fee Frequency: Monthly
  • Management: Monday through Friday
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: SOUTH COMMONS CONDO ASSOC.
  • Management Contact Name: MGR
  • Management Phone: 312-842-9720
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Air Conditioning, Water, Gas, Insurance, Security, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Schools

  • Middle/Junior School District: 299

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
  • Max Pet Weight: 20

Tax Info

  • Tax Annual Amount: 1193.27
  • Tax Year: 2023
  • Tax Exemptions: None

Multi Family

  • Units in Building: 200

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2025
Closed on
Apr 24, 2025
Sold by
Jones Clinton
Bought by
Delk Richard
Seller's Agent
James Stewart
Coldwell Banker Realty
Buyer's Agent
LaRetta Washington
Century 21 Circle
List Price
$125,000
Sold Price
$120,000
Premium/Discount to List
-$5,000
-4%
Views
15
Current Estimated Value
$121,417

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,417
Avg. Annual Appreciation
3.51%
Original Mortgage
$114,000
Outstanding Balance
$112,801
Interest Rate
5.83%
Mortgage Type
New Conventional
Estimated Equity
$8,616

Purchase Details

Closed on
May 17, 2000
Sold by
South Commons Llc
Bought by
Jones Clinton

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,400
Interest Rate
8.21%
Mortgage Type
Unknown
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $120,000 None Listed On Document
Warranty Deed $46,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $114,000 New Conventional
Previous Owner $47,000 New Conventional
Previous Owner $89,407 New Conventional
Previous Owner $55,000 Unknown
Previous Owner $41,400 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2025 04/28/25 Sold $120,000 -4.0% $273 / Sq Ft
03/25/2025 03/25/25 Pending -- -- --
03/16/2025 03/16/25 For Sale $125,000 0.0% $284 / Sq Ft
03/16/2025 03/16/25 Off Market $125,000 -- --
03/10/2025 03/10/25 For Sale $125,000 -- $284 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

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 $1,193 $6,897 $1,794 $5,103
2023 $1,163 $5,638 $1,449 $4,189
2022 $1,163 $5,638 $1,449 $4,189
2021 $1,137 $5,637 $1,448 $4,189
2020 $804 $3,611 $1,184 $2,427
2019 $798 $3,972 $1,184 $2,788
2018 $785 $3,972 $1,184 $2,788
2017 $605 $2,811 $987 $1,824
2016 $563 $2,811 $987 $1,824
2015 $515 $2,811 $987 $1,824
2014 $408 $2,198 $839 $1,359
2013 $400 $2,198 $839 $1,359
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12307624

Midwest Real Estate Data (MRED)

APN: 17-27-310-093-1297