South Commons 3001 S Michigan Ave Unit 1206 Chicago, IL 60616
South Commons Neighborhood
--
Bed
1
Bath
460
Sq Ft
$340/mo
HOA Fee
Highlights
- Lock-and-Leave Community
- Tennis Courts
- Walk-In Closet
- Community Pool
- Elevator
- 4-minute walk to Paul Laurence Dunbar Park
About This Home
As of March 2025Why rent when you can own this stunning studio with breathtaking views? Enjoy a bright, sunlit living space that opens to a generous 16-foot balcony-perfect for relaxing or entertaining. The building features a refreshing swimming pool, convenient coin laundry, and free street parking. Ideally located just minutes from Downtown, this home is within walking distance of Lake Shore Drive, IIT, the Illinois College of Optometry, De La Salle Institute, VanderCook College of Music, Jewel-Osco, and Lake Meadows Shopping Center. Outdoor enthusiasts will love nearby Dunbar Park, offering playgrounds, a running track, and tennis courts. Don't miss this opportunity to own in a prime location!
Last Agent to Sell the Property
Realty of America, LLC License #475204679 Listed on: 02/06/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,313
Year Built
- Built in 1969
HOA Fees
- $340 Monthly HOA Fees
Parking
- Off-Street Parking
Home Design
- Studio
- Brick Exterior Construction
Interior Spaces
- 460 Sq Ft Home
- Family Room
- Living Room
- Dining Room
- Laundry Room
Bedrooms and Bathrooms
- Walk-In Closet
- 1 Full Bathroom
Utilities
- Radiant Heating System
- Lake Michigan Water
Community Details
Overview
- Association fees include heat, air conditioning, water, security, pool, exterior maintenance, lawn care, scavenger, snow removal
- 206 Units
- South Commons Phase Association, Phone Number (312) 842-9720
- High-Rise Condominium
- Property managed by South Commons Phase 1 Condominium Association
- Lock-and-Leave Community
- 24-Story Property
Amenities
- Coin Laundry
- Elevator
Recreation
- Tennis Courts
- Park
Pet Policy
- Cats Allowed
Security
- Resident Manager or Management On Site
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 6, 2025
Closed on
Mar 25, 2025
Sold by
Tang Beibei and Gonzalez Carlos Johan
Bought by
Contreras Julia
Seller's Agent
Rosemary Maya
Realty of America, LLC
Buyer's Agent
Cory Tanzer
Option Premier LLC
List Price
$109,900
Sold Price
$104,000
Premium/Discount to List
-$5,900
-5.37%
Total Days on Market
6
Views
40
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.98%
Original Mortgage
$83,200
Outstanding Balance
$83,200
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$23,698
Purchase Details
Listed on
May 27, 2021
Closed on
Jul 19, 2021
Sold by
Chicago Title Land Trust Company
Bought by
Tang Beibei
Seller's Agent
Dennis Guno
American International Realty Corp.
Buyer's Agent
Stephanie Seplowin
Coldwell Banker Realty
List Price
$74,900
Sold Price
$74,900
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.49%
Purchase Details
Closed on
Sep 7, 2016
Sold by
Santos Virginia O
Bought by
Chicago Title Land Trust Co and Trust Number 8002372348
Purchase Details
Closed on
May 15, 2015
Sold by
Santos Eduardo B and Santos Virginia O
Bought by
Santos Eduardo B and Santos Virginia O
Purchase Details
Closed on
Dec 29, 2000
Sold by
South Commons Llc
Bought by
Santos Eduardo B and Santos Virginia O
Similar Homes in the area
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 | $104,000 | Fidelity National Title | |
| Deed | $75,000 | First American Title | |
| Quit Claim Deed | -- | Chicago Title Insurance Comp | |
| Interfamily Deed Transfer | -- | Attorney | |
| Warranty Deed | $46,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $83,200 | New Conventional | |
| Previous Owner | $30,000 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/12/2025 03/12/25 | Sold | $104,000 | -5.4% | $226 / Sq Ft |
| 02/12/2025 02/12/25 | Pending | -- | -- | -- |
| 02/06/2025 02/06/25 | For Sale | $109,900 | +46.7% | $239 / Sq Ft |
| 07/29/2021 07/29/21 | Sold | $74,900 | 0.0% | $125 / Sq Ft |
| 06/10/2021 06/10/21 | Pending | -- | -- | -- |
| 05/26/2021 05/26/21 | For Sale | $74,900 | -- | $125 / 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 | $1,163 | $7,399 | $1,794 | $5,605 |
| 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
-
Rosemary Maya
Seller's Agent in 2025
Rosemary Maya
Realty of America, LLC
(312) 632-3527
1 in this area
40 Total Sales
-
Cory Tanzer
Buyer's Agent in 2025
Cory Tanzer
Option Premier LLC
(312) 218-4483
3 in this area
438 Total Sales
-
Dennis Guno
D
Seller's Agent in 2021
Dennis Guno
American International Realty Corp.
(847) 720-5185
1 in this area
42 Total Sales
-
Stephanie Seplowin
Buyer's Agent in 2021
Stephanie Seplowin
Coldwell Banker Realty
(847) 561-1008
1 in this area
233 Total Sales
About South Commons
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12285332
APN: 17-27-310-093-1568
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