Seller's Agent in 2025
Tommy Choi
Keller Williams ONEChicago
(773) 851-5840
1 in this area
669 Total Sales
South Commons 3001 S Michigan Ave Unit 1006 Chicago, IL 60616
South Commons NeighborhoodEstimated Value: $101,368 - $114,000
--
Bed
1
Bath
600
Sq Ft
$325/mo
HOA Fee
Highlights
- In Ground Pool
- Lock-and-Leave Community
- Elevator
- Open Floorplan
- Granite Countertops
- 4-minute walk to Paul Laurence Dunbar Park
About This Home
As of February 2025This bright and airy studio boasts floor-to-ceiling windows that offer sweeping, unobstructed views. The open-concept layout features an upgraded kitchen seamlessly integrated into the living area, creating a spacious and inviting environment. Throughout the unit, you'll find stylish wood laminate flooring, stainless steel appliances, and updated cabinetry, with beautiful granite countertops in both the kitchen and bathroom. The large walk-in closet offers ample storage, plus there's an additional coat closet in the entryway for extra convenience. There's plenty of room to comfortably fit a queen or king-sized bed, along with space for a large sofa and desk. Want to create a more defined sleeping area? You can easily install a privacy wall to convert this into a junior one-bedroom! Step outside onto the enormous 16-foot balcony, where you can enjoy breathtaking western views of the park, Sox Stadium, the pool, and the stunning city skyline to the north. With abundant natural light pouring in all day long, this home feels bright and welcoming from morning to night. This building is ideally located with direct gated access to Michigan Avenue buses and is within walking distance to the lakefront, IIT, the School of Optometry, De La Salle Institute, Jewel-Osco, VanderCook College of Music, and more. Nearby amenities include grocery stores, Lake Meadows Shopping Center, Mercy Hospital, and Dunbar Park, offering tennis courts, a running track, baseball fields, and a playground. Plus, you'll have easy access to Lake Shore Drive and the expressways. The unit also comes with additional storage, and the building features a large, updated laundry room, on-site management, and a dedicated security staff for peace of mind. On-site maintenance staff is available for repairs, and the HOA covers pool access, heat, water, and gas, with low electric bills averaging just $30/month. Garage or exterior parking is available for rent, and there's also plenty of street parking in the community.
Last Agent to Sell the Property
Keller Williams ONEChicago License #471004140 Listed on: 01/17/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,193
Year Built
- Built in 1974 | Remodeled in 2008
Lot Details
- 8
HOA Fees
- $325 Monthly HOA Fees
Parking
- 50 Car Detached Garage
- Leased Parking
Home Design
- Studio
- Brick Exterior Construction
Interior Spaces
- 600 Sq Ft Home
- Open Floorplan
- Family Room
- Living Room
- Dining Room
- Storage
- Laundry Room
- Laminate Flooring
- Granite Countertops
Bedrooms and Bathrooms
- Walk-In Closet
- 1 Full Bathroom
- Soaking Tub
Outdoor Features
- In Ground Pool
Location
- Property is near a bus stop
Utilities
- Heating System Uses Steam
- Lake Michigan Water
Community Details
Overview
- Association fees include heat, water, gas, insurance, security, pool, exterior maintenance, lawn care, scavenger, snow removal
- 679 Units
- Manager Association, Phone Number (312) 842-9720
- High-Rise Condominium
- Property managed by Community Specialists
- Lock-and-Leave Community
- 23-Story Property
Amenities
- Coin Laundry
- Elevator
Recreation
- Park
- Bike Trail
Pet Policy
- Pets up to 20 lbs
- Limit on the number of pets
- Pet Size Limit
- Dogs and Cats Allowed
Security
- Resident Manager or Management On Site
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 17, 2025
Closed on
Jan 24, 2025
Sold by
Alkeilani Tawfiq
Bought by
Michel Sierra Rose Lea and Michel Frank Klaus
Seller's Agent
Tommy Choi
Keller Williams ONEChicago
Buyer's Agent
O'Neia Washington
O W Auction Group LLC
List Price
$99,900
Sold Price
$110,000
Premium/Discount to List
$10,100
10.11%
Views
8
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$658
Avg. Annual Appreciation
-1.39%
Purchase Details
Listed on
Aug 11, 2023
Closed on
Sep 22, 2023
Sold by
Phillips Siew F and Phillips Serena
Bought by
Alkeilani Tawfiq
Seller's Agent
Cory Tanzer
Option Premier LLC
Buyer's Agent
Cory Tanzer
Option Premier LLC
List Price
$107,500
Sold Price
$104,500
Premium/Discount to List
-$3,000
-2.79%
Views
61
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.82%
Purchase Details
Listed on
Apr 24, 2018
Closed on
Jun 12, 2018
Sold by
Stevens Eric and Stevens Erin
Bought by
Phillips Siew F and Phillips Serena
Seller's Agent
Robert Craig
eXp Realty
Buyer's Agent
Serena S Phillips
Option Premier LLC
List Price
$69,000
Sold Price
$65,500
Premium/Discount to List
-$3,500
-5.07%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.27%
Purchase Details
Closed on
Jul 3, 2007
Sold by
National City Real Estate Services Llc
Bought by
Stevens Eric and Stevens Erin
Purchase Details
Closed on
Nov 2, 2006
Sold by
Federal Home Loan Mortgage Corporation
Bought by
National City Mortgage Co
Purchase Details
Closed on
Aug 28, 2006
Sold by
Mohammed Hamisu
Bought by
Federal Home Loan Mortgage Corporation
Purchase Details
Closed on
May 19, 2004
Sold by
Adelakun Oluseyi
Bought by
Mohammed Hamisu
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,500
Interest Rate
6.34%
Mortgage Type
Unknown
Purchase Details
Closed on
Jan 12, 2001
Sold by
South Commons Llc
Bought by
Adelakun Oluseyi
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,050
Interest Rate
7.58%
Create a Home Valuation Report for This Property
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Michel Sierra Rose Lea | $110,000 | None Listed On Document | |
| Alkeilani Tawfiq | $104,500 | Chicago Title | |
| Phillips Siew F | $65,500 | Attorney | |
| Stevens Eric | $66,000 | -- | |
| National City Mortgage Co | -- | -- | |
| Federal Home Loan Mortgage Corporation | -- | None Available | |
| Mohammed Hamisu | $76,000 | Multiple | |
| Adelakun Oluseyi | $45,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Mohammed Hamisu | $73,500 | |
| Previous Owner | Adelakun Oluseyi | $40,050 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/03/2025 02/03/25 | Sold | $110,000 | +10.1% | $183 / Sq Ft |
| 01/17/2025 01/17/25 | Pending | -- | -- | -- |
| 01/17/2025 01/17/25 | For Sale | $99,900 | -4.4% | $167 / Sq Ft |
| 09/22/2023 09/22/23 | Sold | $104,500 | -2.8% | $174 / Sq Ft |
| 09/09/2023 09/09/23 | Pending | -- | -- | -- |
| 08/12/2023 08/12/23 | For Sale | $107,500 | +64.1% | $179 / Sq Ft |
| 06/18/2018 06/18/18 | Sold | $65,500 | -5.1% | -- |
| 05/20/2018 05/20/18 | Pending | -- | -- | -- |
| 04/24/2018 04/24/18 | For Sale | $69,000 | -- | -- |
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 | $1,193 | $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
-
Tommy Choi
-
Anthony Magnone
Seller Co-Listing Agent in 2025
Anthony Magnone
Keller Williams ONEChicago
(818) 439-6601
1 in this area
121 Total Sales
-
O'Neia Washington
Buyer's Agent in 2025
O'Neia Washington
O W Auction Group LLC
(773) 315-8698
1 in this area
66 Total Sales
-
Cory Tanzer
Seller's Agent in 2023
Cory Tanzer
Option Premier LLC
(312) 218-4483
4 in this area
454 Total Sales
-
Serena S Phillips
Seller Co-Listing Agent in 2023
Serena S Phillips
Option Premier LLC
(312) 468-0328
2 in this area
78 Total Sales
-
Cynthia Covian-Hernandez
C
Buyer Co-Listing Agent in 2023
Cynthia Covian-Hernandez
Option Premier LLC
(708) 288-5212
1 in this area
7 Total Sales
About South Commons
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12272827
APN: 17-27-310-093-1550
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