South Commons 3001 S Michigan Ave Unit 1006 Chicago, IL 60616
South Commons Neighborhood
--
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 2025Large & renovated studio with floor to ceiling windows & unobstructed views! This unit features an upgraded layout, with the kitchen opened up into the living space for openness and flow. Wood laminate floors throughout, stainless steel appliances, as well as updated cabinetry and granite counters in the kitchen & bathroom. Large walk-in closet, as well as sizable coat closet in the entry. Plenty of room for a queen or king size bed, as well as ample room for a large couch & desk. Even install a privacy wall to turn this into a jr. one bed! MASSIVE 16ft balcony leads to unobstructed western views of the park, SOX stadium, pool, and gorgeous City Skyline views to the north. Tons of natural sunlight all day! This building is located with direct gated access to the Michigan Ave busses, as well as walkable to the lakefront, IIT, School of Optometry, De La Salle Institute, Jewel-Osco, VanderCook College of Music, grocery stores, Lake Meadows Shopping center, Mercy hospital, and Dunbar Park (tennis courts, running track, baseball fields, and playground). Easy access to Lake Shore Drive & expressways. Additional storage comes with the unit. Large updated laundry room in the building, as well as community Security day & night, on-site maintenance staff that can be conveniently hired for in-unit repairs, and on-site management. HOA includes Pool access, Heat, Water, Gas, and LOW electric bills of average $30/month. Garage or exterior parking available for rent through management, as well as ample street parking in the community. Available to purchase furnished.
Last Agent to Sell the Property
Option Premier LLC License #475167115 Listed on: 08/11/2023
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,137
Year Built
- Built in 1974 | Remodeled in 2008
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
- Storage
- 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
- One Cooling System Mounted To A Wall/Window
- 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
- Sccamanagers@Buildinggroup.Com 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%
Similar Homes in Chicago, IL
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $110,000 | None Listed On Document | |
| Warranty Deed | $104,500 | Chicago Title | |
| Warranty Deed | $65,500 | Attorney | |
| Special Warranty Deed | $66,000 | -- | |
| Quit Claim Deed | -- | -- | |
| Legal Action Court Order | -- | None Available | |
| Warranty Deed | $76,000 | Multiple | |
| Warranty Deed | $45,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $73,500 | Unknown | |
| Previous Owner | $40,050 | No Value Available |
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
Seller's Agent in 2025
Tommy Choi
Keller Williams ONEChicago
(773) 851-5840
1 in this area
669 Total Sales
-
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: 11857372
APN: 17-27-310-093-1550
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