NOT LISTED FOR SALE

South Commons 3001 S Michigan Ave Unit 708 Chicago, IL 60616

South Commons Neighborhood

Estimated Value: $59,000 - $106,000

Studio
1 Bath
250 Sq Ft
365,381 Sq Ft Lot

Highlights

  • Living Room
  • Heating Available
  • 4-minute walk to Paul Laurence Dunbar Park

About This Home

As of April 2018

This home is located at 3001 S Michigan Ave Unit 708, Chicago, IL 60616 since 03 April 2018 and is currently priced at $78,471. This property was built in 1972. 3001 S Michigan Ave Unit 708 is a home located in Cook County with nearby schools including Drake Elementary School, Wendell Phillips Academy High School, and St. Jerome School.

Last Agent to Rent the Property

Vivian Morrison

Park Shore Realty Inc. License #475122135 Listed on: 04/03/2018

Last Renter's Agent

Vivian Morrison

Park Shore Realty Inc. License #475122135 Listed on: 04/03/2018

Condo Details

Home Type

  • Condominium

Year Built

  • 1972

Lot Details

  • 8.39

Home Design

  • Studio
  • Brick Exterior Construction
  • Tar and Gravel Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1 Full Bathroom
  • 250 Sq Ft Home
  • Living Room

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Heating Available
  • Lake Michigan Water

Listing and Financial Details

  • Security Deposit $865
  • Property Available on 12/5/17
  • Rent includes heat, water
  • 12 Month Lease Term

Community Details

Overview

  • South Commons Subdivision
  • 20-Story Property

Amenities

  • Common Area

Pet Policy

  • No Pets Allowed

Condo Details

Home Type

Condominium

Year Built

1972

Lot Details

8.39 Acres

Rental Info

  • Available Date: 2017-12-05
  • Lease Term: 12 Months
  • Board Number: 8
  • Pets Allowed (Y/N): No
  • Type of Rental Property: Attached
  • Rental Price: 850
  • Security Deposit: 865

Listing Details

  • Property Type: Residential Lease
  • Property Type: Residential Lease
  • Type Attached: Condo,Studio
  • Property Sub-Type: Attached
  • Subdivision Name: SOUTH COMMONS
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 7
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 20
  • Year Built (Public Record): 1972

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Furnished: No
  • LivingArea: 250
  • Room Type: No additional rooms
  • Stories Total: 20
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Below Grade Bedrooms: 0

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Lot Features: Common Grounds
  • Roof: Tar and Gravel
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 0
  • Driveway: Other
  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Cooling: Window/Wall Unit - 1
  • Heating: Electric
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: No
  • Rent Includes: Heat, Water

Lot Info

  • Lot Dimensions: COMMON

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 30, 2025
Sold by
Vivian J Morrison Living Trust and Morrison Vivian J
Bought by
Cooper Rachel
Current Estimated Value
$78,471

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,050
Outstanding Balance
$62,607
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$15,864

Purchase Details

Closed on
Jan 17, 2001
Sold by
South Commons Llc
Bought by
Morrison Vivian L and Morrison Harold E
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cooper Rachel $65,000 Cambridge Title
Morrison Vivian L $43,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cooper Rachel $63,050
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/26/2018 04/26/18 Rented $850 0.0% --
04/24/2018 04/24/18 Price Changed $850 -1.7% $3 / Sq Ft
04/03/2018 04/03/18 For Rent $865 -- --
Source: Midwest Real Estate Data (MRED)

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
2025 $1,334 $7,709 $2,005 $5,704
2024 $1,334 $7,709 $2,005 $5,704
2023 $1,300 $6,302 $1,619 $4,683
2022 $1,300 $6,302 $1,619 $4,683
2021 $1,271 $6,302 $1,619 $4,683
2020 $899 $4,037 $1,324 $2,713
2019 $892 $4,441 $1,324 $3,117
2018 $877 $4,441 $1,324 $3,117
2017 $676 $3,142 $1,103 $2,039
2016 $629 $3,142 $1,103 $2,039
2015 $576 $3,142 $1,103 $2,039
2014 $456 $2,458 $938 $1,520
2013 $447 $2,458 $938 $1,520
Source: Public Records

Agents Affiliated with this Home

  • Vivian Morrison

    Landlord's Agent in 2018

    Vivian Morrison

    Park Shore Realty Inc.

    (847) 404-9432

    2 Total Sales

    Vivian Morrison
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About South Commons

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09903852

Midwest Real Estate Data (MRED)

APN: 17-27-310-093-1525

Illinois Cook County Chicago 60616 South Commons

3001 S Michigan Ave Unit 708, Chicago, IL

Not Listed for Sale

Condos

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.
Based on information submitted to the MLS GRID

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