NOT LISTED FOR SALE

South Commons 3001 S Michigan Ave Unit 1104 Chicago, IL 60616

South Commons Neighborhood

Estimated Value: $129,000 - $145,000

1 Bed
1 Bath
800 Sq Ft
$508/mo HOA Fee

Last Sold September 10, 2024

Last sale price $135,000 $169 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $1,416/month

11 Days on Market

Highlights

  • In Ground Pool
  • Balcony
  • Resident Manager or Management On Site
  • Elevator
  • Intercom
  • 4-minute walk to Paul Laurence Dunbar Park

About This Home

As of September 2024

SPACIOUS 11th FLOOR ONE BEDROOM UNIT WITH FABULOUS AMAZING CITY VIEWS(SOME VIEW OF THE LAKE)! CONDO OVERLOOKS THE SWIMMING POOL & HAS UNOBSTRUCTED SOUTH-FACING VIEWS. FLOOR-TO-CEILING WINDOWS WITH MODERN ROLLER SHADES. LARGE BALCONY TO ENJOY SUMMER. GRANITE COUNTER TOPS. NEWER VINYL FLOORS THROUGH OUT. SPACIOUS STORGE CLOSETS. WELL MAINTAINED BUILDING WITH POOL, LAUNDRY ROOM. SECURE BUILDING LOCATED NEXT TO DUNBAR PARK. HEAT, GAS, & WATER INCLUDED IN ASSESSMENTS. NEXT TO IIT CAMPUS. CLOSE TO LAKE, PUBLIC TRANSPORTATION, EXPRESSWAYS, LAKE SHORE DRIVE, SOUTH LOOP, & CHINATOWN.

Last Agent to Sell the Property

Mary Kong

Hometown Real Estate Group LLC License #475140834 Listed on: 07/24/2024

Hometown Real Estate Group LLC

Last Buyer's Agent

Oswaldo Gomez

Berkshire Hathaway HomeServices Starck Real Estate License #475202998

Berkshire Hathaway HomeServices Starck Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,790

Year Built

  • Built in 1971

Lot Details

  • 8

HOA Fees

  • $508 Monthly HOA Fees

Interior Spaces

  • 800 Sq Ft Home
  • Combination Dining and Living Room
  • Intercom
  • Range<<rangeHoodToken>>

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Accessible Home Design

  • Accessibility Features
  • No Interior Steps
  • Level Entry For Accessibility
  • Wheelchair Ramps

Outdoor Features

  • In Ground Pool

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Radiant Heating System
  • Lake Michigan Water

Community Details

Overview

  • Association fees include heat, water, gas, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 211 Units
  • Mr. Smiley Association, Phone Number (312) 842-9720
  • South Commons Subdivision
  • Property managed by Building Group
  • 23-Story Property

Amenities

  • Common Area
  • Coin Laundry
  • Elevator

Recreation

Pet Policy

  • Cats Allowed

Security

  • Resident Manager or Management On Site
  • Storm Screens

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,790

Year Built

Built in 1971

Lot Details

0

HOA Fees

$508 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Subdivision Name: South Commons
  • Year Built: 1971
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: Yes
  • General Information: School Bus Service,Commuter Bus,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 11
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 23

Interior Features

  • Appliances: Range, Refrigerator
  • Basement: None
  • Accessibility Features: Main Level Entry, No Interior Steps, Wheelchair Ramp(s)
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • LivingArea: 800
  • Other Equipment: Intercom
  • Room Type: No additional rooms
  • Stories Total: 23
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Balcony, In Ground Pool, Storms/Screens
  • List Price: 135000
  • Lot Features: Common Grounds
  • Waterfront: No
  • Exterior Building Type: Glass,Stone,Concrete

Garage/Parking

  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Cooling: Window/Wall Units - 2
  • Heating: Radiant
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK
  • Association Fee: 508
  • Association Amenities: Coin Laundry, Elevator(s), On Site Manager/Engineer, Pool
  • Association Fee Frequency: Monthly
  • Management: Manager On-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Building Group
  • Management Contact Name: Mr. Smiley
  • Management Phone: 312-842-9720
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Water, Gas, Insurance, 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: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No

Tax Info

  • Tax Annual Amount: 1790.29
  • Tax Year: 2022
  • Tax Exemptions: None

Multi Family

  • Units in Building: 211

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2024
Closed on
Sep 9, 2024
Sold by
Kong Sean
Bought by
Allen Laurice
Seller's Agent
Mary Kong
Hometown Real Estate Group LLC
Buyer's Agent
Oswaldo Gomez
Berkshire Hathaway HomeServices Starck Real Estate
List Price
$135,000
Sold Price
$135,000
Views
25
Current Estimated Value
$136,267

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,267
Avg. Annual Appreciation
1.11%
Original Mortgage
$128,250
Outstanding Balance
$127,425
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$8,842

Purchase Details

Listed on
May 8, 2017
Closed on
Jun 21, 2017
Sold by
Hood Naomi
Bought by
Kong Sean
Seller's Agent
Maikol Akintonde
Coldwell Banker Realty
Buyer's Agent
Mary Kong
Hometown Real Estate Group LLC
List Price
$79,500
Sold Price
$60,000
Premium/Discount to List
-$19,500
-24.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.87%

Purchase Details

Listed on
Feb 24, 2012
Closed on
May 16, 2012
Sold by
Alazhar Management Llc
Bought by
The West Marie Kaba Bobo Trust
Seller's Agent
Abbas Broachwala
HomeSmart Connect LLC
Buyer's Agent
Abbas Broachwala
HomeSmart Connect LLC
List Price
$75,000
Sold Price
$50,000
Premium/Discount to List
-$25,000
-33.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.65%

Purchase Details

Closed on
Dec 5, 2011
Sold by
Deutsche Bank National Trust Company
Bought by
Alazhar Management Llc

Purchase Details

Closed on
Sep 15, 2010
Sold by
Hale Franky R and Hale Franky R
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Aug 31, 2005
Sold by
Willis Lawrence A
Bought by
Hale Franky R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,000
Interest Rate
5.93%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jul 20, 2001
Sold by
South Commons Llc
Bought by
Willis Lawrence A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,350
Interest Rate
7.22%
Mortgage Type
VA

Purchase Details

Closed on
Mar 15, 2001
Sold by
South Commons Llc
Bought by
Groves Kendall L and Groves Carmen M
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Allen Laurice $135,000 None Listed On Document
Kong Sean $60,000 Chicago Title Insurance Comp
The West Marie Kaba Bobo Trust $50,000 Chicago Title Insurance Co
Alazhar Management Llc $27,000 None Available
Deutsche Bank National Trust Company -- None Available
Hale Franky R $130,000 Counselors Title Co Llc
Willis Lawrence A $77,500 --
Groves Kendall L $106,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Allen Laurice $128,250
Previous Owner Hale Franky R $26,000
Previous Owner Hale Franky R $104,000
Previous Owner Willis Lawrence A $77,140
Previous Owner Willis Lawrence A $21,200
Previous Owner Willis Lawrence Albert $77,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2024 09/10/24 Sold $135,000 0.0% $169 / Sq Ft
08/05/2024 08/05/24 Pending -- -- --
07/24/2024 07/24/24 For Sale $135,000 +125.0% $169 / Sq Ft
06/21/2017 06/21/17 Sold $60,000 -5.5% $75 / Sq Ft
06/16/2017 06/16/17 Pending -- -- --
06/12/2017 06/12/17 Price Changed $63,500 -20.1% $79 / Sq Ft
05/08/2017 05/08/17 For Sale $79,500 +59.0% $99 / Sq Ft
05/22/2012 05/22/12 Sold $50,000 -33.3% $63 / Sq Ft
04/09/2012 04/09/12 Pending -- -- --
02/24/2012 02/24/12 For Sale $75,000 -- $94 / 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 $1,837 $10,616 $2,761 $7,855
2023 $1,790 $8,678 $2,230 $6,448
2022 $1,790 $8,678 $2,230 $6,448
2021 $1,750 $8,677 $2,229 $6,448
2020 $1,238 $5,559 $1,823 $3,736
2019 $1,229 $6,116 $1,823 $4,293
2018 $1,208 $6,116 $1,823 $4,293
2017 $205 $4,328 $1,519 $2,809
2016 $367 $4,328 $1,519 $2,809
2015 $312 $4,328 $1,519 $2,809
2014 $151 $3,384 $1,291 $2,093
2013 $615 $3,384 $1,291 $2,093
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2024

    Mary Kong

    Hometown Real Estate Group LLC

    (847) 630-9290

    3 in this area

    30 Total Sales

    Mary Kong
    Section Image
  • Oswaldo Gomez

    Buyer's Agent in 2024

    Oswaldo Gomez

    Berkshire Hathaway HomeServices Starck Real Estate

    (708) 448-6100

    1 in this area

    31 Total Sales

    Oswaldo Gomez
    Section Image
  • Daniel Barrios

    Buyer Co-Listing Agent in 2024

    Daniel Barrios

    Berkshire Hathaway HomeServices Starck Real Estate

    (847) 323-8510

    1 in this area

    251 Total Sales

    Daniel Barrios
    Section Image
  • Maikol Akintonde

    Seller's Agent in 2017

    Maikol Akintonde

    Coldwell Banker Realty

    (312) 544-9046

    110 Total Sales

    Maikol Akintonde
    Section Image
  • Abbas Broachwala

    Seller's Agent in 2012

    Abbas Broachwala

    The McDonald Group

    (630) 229-8961

    8 Total Sales

    Abbas Broachwala
    Section Image
See All Agents

About South Commons

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12119602

Midwest Real Estate Data (MRED)

APN: 17-27-310-093-1557

Illinois Cook County Chicago 60616 South Commons

3001 S Michigan Ave Unit 1104, Chicago, IL

This home is located at 3001 S Michigan Ave Unit 1104, Chicago, IL 60616 since 24 July 2024 and is currently estimated at $136,267, approximately $170 per square foot. This property was built in 1971. 3001 S Michigan Ave Unit 1104 is a home located in Cook County with nearby schools including Drake Elementary School, Wendell Phillips Academy High School, and St. Jerome Catholic School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked.
Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Nearby Homes