NOT LISTED FOR SALE

South Commons 3001 S Michigan Ave Unit 2003 Chicago, IL 60616

South Commons Neighborhood

Estimated Value: $125,000 - $136,000

1 Bed
1 Bath
-- Sq Ft
$512/mo HOA Fee

Last Sold July 11, 2023

Last sale price $122,000

Est. 8% increase in value since last sale

Current estimated payment $1,328/month

19 Days on Market

Highlights

  • Water Views
  • Resident Manager or Management On Site
  • Ceramic Tile Flooring
  • Property is near a park
  • Laundry Room
  • 4-minute walk to Paul Laurence Dunbar Park

About This Home

As of July 2023

A high rise condo that boasts spacious living areas with ample room for relaxation and entertainment. The balcony provides a perfect spot for enjoying your morning coffee or relaxing in the evening while watching the sunset. Natural light floods the interior and its prime location offers the ultimate lakeside living. Close to IIT, University of Chicago and Downtown. Near public transportation and shopping. Large balcony overlooking the park and lakefront. Kitchen appliances, laundry in building and a swimming pool. Low monthly assessments.

Last Agent to Sell the Property

Brandice Hampton

Baird & Warner License #475166488 Listed on: 05/22/2023

Baird & Warner

Co-Listed By

Omor Eguasa

Baird & Warner License #475193478

Last Buyer's Agent

Nina Moffa

Baird & Warner License #475196514

Baird & Warner

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,802

Lot Details

  • 8.39

HOA Fees

  • $512 Monthly HOA Fees

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • Family Room
  • Combination Dining and Living Room
  • Water Views
  • Range
  • Laundry Room

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Location

  • Property is near a park

Utilities

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

Community Details

Overview

  • Association fees include water, insurance, security, pool, exterior maintenance, lawn care, scavenger, snow removal
  • 254 Units
  • Nate Smiley Association, Phone Number (312) 466-8100
  • High-Rise Condominium
  • Property managed by The Building Group
  • 20-Story Property

Pet Policy

  • Cats Allowed

Additional Features

  • Coin Laundry
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,802

Lot Details

0

HOA Fees

$512 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,High Rise (7+ Stories)
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,High Rise (7+ Stories)
  • Age: Unknown
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 20
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 20

Interior Features

  • Appliances: Range, Refrigerator
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Room Type: No additional rooms
  • Stories Total: 20
  • 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
  • Flooring: Carpet

Exterior Features

  • List Price: 125000
  • Lot Features: Park Adjacent, Water View
  • Waterfront: No
  • Exterior Building Type: Concrete

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK
  • Association Fee: 512
  • Association Amenities: Coin Laundry
  • Association Fee Frequency: Monthly
  • Management: Manager On-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: The Building Group
  • Management Contact Name: Nate Smiley
  • Management Phone: 312-466-8100
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Insurance, Security, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Schools

  • Middle/Junior School District: 299

Lot Info

  • 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: 1802.31
  • Tax Year: 2021

Multi Family

  • Units in Building: 254

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2023
Closed on
Jul 11, 2023
Sold by
Cooper Marsha E
Bought by
Howard Cassandra
Seller's Agent
Brandice Hampton
Baird & Warner
Buyer's Agent
Nina Moffa
Baird & Warner
List Price
$125,000
Sold Price
$122,000
Premium/Discount to List
-$3,000
-2.4%
Total Days on Market
19
Views
75
Current Estimated Value
$131,907

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,907
Avg. Annual Appreciation
4.07%
Original Mortgage
$115,900
Outstanding Balance
$113,405
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$19,508

Purchase Details

Listed on
May 18, 2018
Closed on
Jul 17, 2018
Sold by
Seto Emily and Haberman Adam
Bought by
Cooper Marsha E
Seller's Agent
Veronica Odom
Coldwell Banker Realty
Buyer's Agent
Thomas Adams
Infiniti Properties, Inc.
List Price
$79,900
Sold Price
$79,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.04%
Original Mortgage
$71,111
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 2, 2001
Sold by
South Commons Llc
Bought by
Seto Emily

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,000
Interest Rate
7.22%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
Howard Cassandra $122,000 Citywide Title
Cooper Marsha E $80,000 None Available
Seto Emily $82,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Howard Cassandra $115,900
Previous Owner Cooper Marsha E $71,111
Previous Owner Seto Emily E $22,950
Previous Owner Seto Emily $60,000
Previous Owner Seto Emily $62,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2023 07/11/23 Sold $122,000 -2.4% --
06/11/2023 06/11/23 Pending -- -- --
05/22/2023 05/22/23 For Sale $125,000 +56.4% --
08/21/2018 08/21/18 Sold $79,900 0.0% --
06/11/2018 06/11/18 Pending -- -- --
05/18/2018 05/18/18 For Sale $79,900 -- --
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 $1,190 $10,933 $2,844 $8,089
2023 $1,138 $8,937 $2,296 $6,641
2022 $1,138 $8,937 $2,296 $6,641
2021 $1,802 $8,936 $2,296 $6,640
2020 $1,275 $5,725 $1,878 $3,847
2019 $1,265 $6,298 $1,878 $4,420
2018 $565 $6,298 $1,878 $4,420
2017 $233 $4,457 $1,565 $2,892
2016 $393 $4,457 $1,565 $2,892
2015 $336 $4,457 $1,565 $2,892
2014 $170 $3,485 $1,330 $2,155
2013 $156 $3,485 $1,330 $2,155
Source: Public Records

Agents Affiliated with this Home

  • Brandice Hampton

    Seller's Agent in 2023

    Brandice Hampton

    Baird & Warner

    (630) 538-7928

    1 in this area

    151 Total Sales

    Brandice Hampton
    Section Image

  • O

    Seller Co-Listing Agent in 2023

    Omor Eguasa

    Baird & Warner

    (630) 442-0140

    1 in this area

    53 Total Sales

    Omor Eguasa
    Section Image
  • Nina Moffa

    Buyer's Agent in 2023

    Nina Moffa

    Baird Warner

    (610) 529-6462

    1 in this area

    45 Total Sales

    Nina Moffa
    Section Image
  • Veronica Odom

    Seller's Agent in 2018

    Veronica Odom

    Coldwell Banker Realty

    (312) 925-2220

    47 Total Sales

    Veronica Odom
    Section Image

  • T

    Buyer's Agent in 2018

    Thomas Adams

    Infiniti Properties, Inc.

    (312) 342-6370

    16 Total Sales

    Thomas Adams
    Section Image
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About South Commons

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11788978

Midwest Real Estate Data (MRED)

APN: 17-27-310-093-1637

Illinois Cook County Chicago 60616 South Commons

3001 S Michigan Ave Unit 2003, Chicago, IL

This home is located at 3001 S Michigan Ave Unit 2003, Chicago, IL 60616 since 22 May 2023 and is currently estimated at $131,907. 3001 S Michigan Ave Unit 2003 is a home located in Cook County with nearby schools including Drake Elementary School, Wendell Phillips Academy High School, and St. Jerome Catholic School.

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