2921 S Michigan Ave Unit 308 Chicago, IL 60616
South Commons NeighborhoodEstimated payment $1,076/month
Highlights
- Lock-and-Leave Community
- Community Pool
- Living Room
- Property is near a park
- Elevator
- Resident Manager or Management On Site
About This Home
Sun-filled studio in the desirable South Commons community overlooking Dunbar Park. Unit 308 offers a functional open layout with large windows, abundant natural light, and peaceful park views. Features include a separate kitchen with white cabinetry, full-size appliances, and ample storage, along with neutral finishes throughout. Well-managed, owner-occupied association with no rentals permitted and strong financial reserves, providing long-term stability. Building amenities include elevator access, secure entry, on-site laundry, outdoor pool, and landscaped common areas. Prime Bronzeville location with easy access to Lake Shore Drive, public transportation, downtown, Hyde Park, IIT, and the Museum Campus.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,533
HOA Fees
- $375 Monthly HOA Fees
Parking
- 1 Parking Space
Home Design
- Entry on the 3rd floor
- Studio
- Concrete Block And Stucco Construction
Interior Spaces
- 1 Full Bathroom
- 760 Sq Ft Home
- Window Screens
- Family Room
- Living Room
- Dining Room
- Carpet
- Range
- Laundry Room
Location
- Property is near a park
Utilities
- Radiant Heating System
- Lake Michigan Water
Community Details
Overview
- Association fees include heat, water, insurance, pool, exterior maintenance, scavenger, snow removal
- 60 Units
- Brigitte Serrato Association, Phone Number (312) 842-9720
- South Commons Subdivision
- Property managed by The Building Group
- Lock-and-Leave Community
- 5-Story Property
Amenities
- Coin Laundry
- Elevator
- Community Storage Space
Recreation
- Community Pool
Pet Policy
- Cats Allowed
Security
- Resident Manager or Management On Site
Map
Home Values in the Area
Average Home Value in this Area
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 | $1,316 | $7,604 | $1,978 | $5,626 |
| 2023 | $1,282 | $6,216 | $1,597 | $4,619 |
| 2022 | $1,282 | $6,216 | $1,597 | $4,619 |
| 2021 | $1,254 | $6,215 | $1,597 | $4,618 |
| 2020 | $887 | $3,982 | $1,306 | $2,676 |
| 2019 | $880 | $4,381 | $1,306 | $3,075 |
| 2018 | $865 | $4,381 | $1,306 | $3,075 |
| 2017 | $667 | $3,100 | $1,088 | $2,012 |
| 2016 | $621 | $3,100 | $1,088 | $2,012 |
| 2015 | $568 | $3,100 | $1,088 | $2,012 |
| 2014 | $450 | $2,424 | $925 | $1,499 |
| 2013 | $441 | $2,424 | $925 | $1,499 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/20/2025 12/20/25 | For Sale | $109,000 | +153.5% | $143 / Sq Ft | |
| 09/20/2019 09/20/19 | Sold | $43,000 | -28.2% | $57 / Sq Ft | View Prior Sale |
| 09/04/2019 09/04/19 | Pending | -- | -- | -- | |
| 08/08/2019 08/08/19 | For Sale | $59,900 | +39.3% | $79 / Sq Ft | |
| 07/30/2019 07/30/19 | Off Market | $43,000 | -- | -- | |
| 07/26/2019 07/26/19 | For Sale | $59,900 | 0.0% | $79 / Sq Ft | |
| 07/18/2019 07/18/19 | Pending | -- | -- | -- | |
| 07/16/2019 07/16/19 | For Sale | $59,900 | 0.0% | $79 / Sq Ft | |
| 07/16/2019 07/16/19 | Price Changed | $59,900 | +1.5% | $79 / Sq Ft | |
| 07/16/2019 07/16/19 | Price Changed | $59,000 | -1.5% | $78 / Sq Ft | |
| 05/14/2019 05/14/19 | Pending | -- | -- | -- | |
| 04/22/2019 04/22/19 | For Sale | $59,900 | -- | $79 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $43,000 | Greater Illinois Title | |
| Public Action Common In Florida Clerks Tax Deed Or Tax Deeds Or Property Sold For Taxes | -- | Attorney | |
| Warranty Deed | $49,500 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $34,650 | Purchase Money Mortgage |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12532581
APN: 17-27-310-093-1099
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