$140,000
SOLD FEB 12, 2025

3021 S Michigan Ave Unit 214 Chicago, IL 60616

South Commons Neighborhood
1 Bed
1 Bath
800 Sq Ft
$545/mo HOA Fee

Recently Sold

$175 Per Sq Ft

3% Below List Price

37 Days on Market

Highlights

  • Lock-and-Leave Community
  • Community Pool
  • Party Room
  • Wood Flooring
  • Tennis Courts
  • 4-minute walk to Paul Laurence Dunbar Park

About This Home

As of February 2025

Updated 1 bedroom end unit with a 16' private balcony overlooking the Eastern views of serene Dunbar Park and its tennis courts. Amazing location and amenities that includes pool access, elevator, courtyard, coin laundry, storage and onsite maintenance, management and 24/7 security. The kitchen features a breakfast bar, granite countertops, stainless steel appliances, and a generous amount of soft closing cabinets. The closet space with built ins, ceiling and wall lighting that you would not typically find in other units. South Commons offers one of the lowest associations in the city with amazing amenities Utilities covered in the assessment include heat, water and gas. Enjoy quick trips downtown via bus or Green /Red line trains or Metra's 27th Street that take you to the suburbs. Walk, run or bike to the nearby lakefront trails. Short distance to IIT, VanderCook College, College of Optometry, McCormick Place, Sox Park. LSD & I-90 both 4 Blocks E & W! Building also offers open & covered parking for lease. Per the association, there are no current or upcoming specials. Don't miss this opportunity to experience this gem. Rentals allowed to close family members only.

Last Agent to Sell the Property

Joanne Spyridakos

Pearson Realty Group License #475159632 Listed on: 12/14/2024

Pearson Realty Group

Last Buyer's Agent

Wesley Joseph

Keller Williams ONEChicago License #475212384

Keller Williams ONEChicago

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,268

Year Renovated

  • 2023

HOA Fees

  • $545 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 800 Sq Ft Home
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Storage
  • Laundry Room
  • Wood Flooring

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Accessible Home Design

  • Accessible Elevator Installed
  • Accessibility Features
  • No Interior Steps
  • Level Entry For Accessibility
  • Accessible Entrance

Outdoor Features

  • Balcony

Utilities

  • Baseboard Heating
  • Lake Michigan Water
  • High Speed Internet

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include heat, water, insurance, security, pool, exterior maintenance, lawn care, scavenger, snow removal
  • 68 Units
  • Management Association, Phone Number (312) 842-9720
  • Property managed by The Building Group
  • Lock-and-Leave Community
  • 5-Story Property

Amenities

  • Party Room
  • Coin Laundry
  • Community Storage Space
  • Elevator

Recreation

  • Tennis Courts
  • Community Pool
  • Park

Pet Policy

  • Cats Allowed

Security

  • Security Service
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,268

Year Renovated

2023

Lot Details

0

HOA Fees

$545 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: Yes
  • General Information: Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 2
  • Rehab Year: 2023
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 5
  • Year Renovated: 2023

Interior Features

  • Basement: None
  • Accessibility Features: Main Level Entry, No Interior Steps, Other, Accessible Entrance, Accessible Elevator Installed
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Interior Amenities: Elevator, Hardwood Floors, Storage, High Ceilings
  • LivingArea: 800
  • Room Type: Balcony/Porch/Lanai, Foyer
  • Stories Total: 5
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • List Price: 145000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Cooling: Wall Unit(s)
  • Heating: Baseboard
  • Laundry Features: Common Area
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK
  • Association Fee: 545
  • Association Amenities: Coin Laundry, Elevator(s), Storage, On Site Manager/Engineer, Park, Party Room, Pool, Security Door Lock(s), Tennis Court(s), High Speed Conn., In Ground Pool, Security
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Not Required
  • Management Company: The Building Group
  • Management Contact Name: management
  • Management Phone: 312-842-9720
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, 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: 1267.94
  • Tax Year: 2023
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 68

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2024
Closed on
Feb 11, 2025
Sold by
Moore Marshawna T
Bought by
Henderson Mamie D Moore
Seller's Agent
Joanne Spyridakos
Pearson Realty Group
Buyer's Agent
Wesley Joseph
Keller Williams ONEChicago
List Price
$145,000
Sold Price
$140,000
Premium/Discount to List
-$5,000
-3.45%
Views
59
Current Estimated Value
$146,275

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,275
Avg. Annual Appreciation
8.30%
Original Mortgage
$126,000
Outstanding Balance
$125,370
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$20,905

Purchase Details

Listed on
Sep 5, 2023
Closed on
Sep 26, 2023
Sold by
Lacy Josephine
Bought by
Moore Marshawna T
Seller's Agent
Naja Morris
@properties Christie's International Real Estate
Buyer's Agent
Carolyn Moore-Washington
Coldwell Banker Realty
List Price
$139,000
Sold Price
$127,000
Premium/Discount to List
-$12,000
-8.63%
Views
140

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.32%

Purchase Details

Closed on
Apr 5, 2000
Sold by
South Commons Llc
Bought by
Lacy Josephine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,500
Interest Rate
8.31%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $140,000 First American Title
Warranty Deed $127,000 None Listed On Document
Warranty Deed $79,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $126,000 New Conventional
Previous Owner $74,500 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/12/2025 02/12/25 Sold $140,000 -3.4% $175 / Sq Ft
01/20/2025 01/20/25 Pending -- -- --
01/10/2025 01/10/25 For Sale $145,000 0.0% $181 / Sq Ft
12/22/2024 12/22/24 Pending -- -- --
12/14/2024 12/14/24 For Sale $145,000 +14.2% $181 / Sq Ft
09/29/2023 09/29/23 Sold $127,000 -8.6% --
09/08/2023 09/08/23 Pending -- -- --
09/05/2023 09/05/23 For Sale $139,000 -- --
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 $1,268 $11,384 $2,961 $8,423
2023 $1,214 $9,306 $2,391 $6,915
2022 $1,214 $9,306 $2,391 $6,915
2021 $1,205 $9,305 $2,391 $6,914
2020 $637 $5,961 $1,955 $4,006
2019 $629 $6,558 $1,955 $4,603
2018 $617 $6,558 $1,955 $4,603
2017 $272 $4,641 $1,629 $3,012
2016 $429 $4,641 $1,629 $3,012
2015 $370 $4,641 $1,629 $3,012
2014 $197 $3,629 $1,385 $2,244
2013 $182 $3,629 $1,385 $2,244
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12254434

Midwest Real Estate Data (MRED)

APN: 17-27-310-093-1427