South Commons 3001 S Michigan Ave Unit 1104 Chicago, IL 60616
South Commons Neighborhood
1
Bed
1
Bath
800
Sq Ft
$508/mo
HOA Fee
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 2024SPACIOUS 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
Hometown Real Estate Group LLC License #475140834 Listed on: 07/24/2024
Last Buyer's Agent
Berkshire Hathaway HomeServices Starck Real Estate License #475202998
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,790
Year Built
- Built in 1971
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
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
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
Similar Homes in Chicago, IL
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $135,000 | None Listed On Document | |
| Warranty Deed | $60,000 | Chicago Title Insurance Comp | |
| Warranty Deed | $50,000 | Chicago Title Insurance Co | |
| Warranty Deed | $27,000 | None Available | |
| Legal Action Court Order | -- | None Available | |
| Warranty Deed | $130,000 | Counselors Title Co Llc | |
| Special Warranty Deed | $77,500 | -- | |
| Warranty Deed | $106,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $128,250 | New Conventional | |
| Previous Owner | $26,000 | Stand Alone Second | |
| Previous Owner | $104,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $77,140 | VA | |
| Previous Owner | $21,200 | Credit Line Revolving | |
| Previous Owner | $77,350 | VA |
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
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
-
Mary Kong
M
Seller's Agent in 2024
Mary Kong
Hometown Real Estate Group LLC
(847) 630-9290
3 in this area
30 Total Sales
-
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
-
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
-
Maikol Akintonde
Seller's Agent in 2017
Maikol Akintonde
Coldwell Banker Realty
(312) 544-9046
110 Total Sales
-
Abbas Broachwala
Seller's Agent in 2012
Abbas Broachwala
The McDonald Group
(630) 229-8961
8 Total Sales
About South Commons
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12119602
APN: 17-27-310-093-1557
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