South Commons 3001 S Michigan Ave Unit 602 Chicago, IL 60616
South Commons Neighborhood
2
Beds
2
Baths
1,100
Sq Ft
$800/mo
HOA Fee
Highlights
- Lock-and-Leave Community
- Party Room
- Balcony
- Community Pool
- Elevator
- 4-minute walk to Paul Laurence Dunbar Park
About This Home
As of April 2025Location is what makes this place spectacular! Very spacious southeast corner unit minutes from the lake. Spacious living and dining area ideal for entertaining, Floor to ceiling windows flooding the space with natural light. Two private balconies. Professionally managed building with on site maintenance and 24/7 security. Low assessment includes heating, gas, and water. With free parking on the street, open or covered parking can be leased from the association. Amenities include 2 swimming pools, laundry room, and additional storage. Dunbar Park across the street with tennis courts, baseball fields, soccer fields, a running track and playground. Enjoy a 1 mile bike ride or 5 minute drive to the 31st street beach and lakefront trail. Walk to IIT. Easy commute to downtown with CTA bus 1, 3, 4 and 29. Conveniently close to I-90/94, I-55, and Lakeshore Drive. Make this your home!
Last Agent to Sell the Property
Chicago Area Realty Inc License #475121869 Listed on: 09/18/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,798
Year Built
- Built in 1972
HOA Fees
- $800 Monthly HOA Fees
Home Design
- Brick Exterior Construction
Interior Spaces
- 1,100 Sq Ft Home
- Family Room
- Combination Dining and Living Room
- Laundry Room
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- 2 Full Bathrooms
Outdoor Features
Utilities
- Radiant Heating System
- Lake Michigan Water
Community Details
Overview
- Association fees include heat, water, insurance, security, exterior maintenance, lawn care, scavenger, snow removal
- 207 Units
- Tracey Johnson Association, Phone Number (312) 842-9720
- Property managed by The Habitat Copany
- Lock-and-Leave Community
- 24-Story Property
Amenities
- Party Room
- Coin Laundry
- Elevator
Recreation
Pet Policy
- Cats Allowed
Security
- Resident Manager or Management On Site
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 18, 2024
Closed on
Apr 22, 2025
Sold by
Rcf 2 Acquisition Trust and Us Bank Trust National Association
Bought by
Mo Fei
Seller's Agent
Grazyna Przybysz
Chicago Area Realty Inc
Buyer's Agent
Yanfei Hu
Berkshire Hathaway HomeServices Chicago
List Price
$140,000
Sold Price
$135,000
Premium/Discount to List
-$5,000
-3.57%
Views
308
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
$4,524
Avg. Annual Appreciation
22.34%
Purchase Details
Closed on
Jun 7, 2024
Sold by
Judicial Sales Corporation
Bought by
Rcf 2 Acquisition Trust and Us Bank Trust
Purchase Details
Closed on
Jul 12, 2006
Sold by
Groves Kendall L
Bought by
Groves Carmen
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $135,000 | None Listed On Document | |
| Trustee Deed | -- | None Listed On Document | |
| Legal Action Court Order | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $131,750 | Unknown | |
| Previous Owner | $82,443 | Unknown | |
| Previous Owner | $95,800 | FHA |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/28/2025 04/28/25 | Sold | $135,000 | -3.6% | $123 / Sq Ft |
| 04/02/2025 04/02/25 | Pending | -- | -- | -- |
| 03/25/2025 03/25/25 | For Sale | $140,000 | 0.0% | $127 / Sq Ft |
| 02/27/2025 02/27/25 | Pending | -- | -- | -- |
| 02/05/2025 02/05/25 | Price Changed | $140,000 | -6.7% | $127 / Sq Ft |
| 12/12/2024 12/12/24 | Price Changed | $150,000 | -6.3% | $136 / Sq Ft |
| 11/07/2024 11/07/24 | Price Changed | $160,000 | -5.9% | $145 / Sq Ft |
| 09/18/2024 09/18/24 | For Sale | $170,000 | -- | $155 / 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 | $2,798 | $16,173 | $4,207 | $11,966 |
| 2023 | $2,727 | $13,221 | $3,397 | $9,824 |
| 2022 | $2,727 | $13,221 | $3,397 | $9,824 |
| 2021 | $2,666 | $13,219 | $3,396 | $9,823 |
| 2020 | $1,887 | $8,469 | $2,778 | $5,691 |
| 2019 | $1,872 | $9,318 | $2,778 | $6,540 |
| 2018 | $1,841 | $9,318 | $2,778 | $6,540 |
| 2017 | $1,419 | $6,594 | $2,315 | $4,279 |
| 2016 | $1,321 | $6,594 | $2,315 | $4,279 |
| 2015 | $1,208 | $6,594 | $2,315 | $4,279 |
| 2014 | $957 | $5,157 | $1,968 | $3,189 |
| 2013 | $938 | $5,157 | $1,968 | $3,189 |
Source: Public Records
Agents Affiliated with this Home
-
G
Seller's Agent in 2025
Grazyna Przybysz
Chicago Area Realty Inc
-
Y
Buyer's Agent in 2025
Yanfei Hu
Berkshire Hathaway HomeServices Chicago
About South Commons
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12167356
APN: 17-27-310-093-1510
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