NOT LISTED FOR SALE

3021 S Michigan Ave Unit 403 Chicago, IL 60616

South Commons Neighborhood

Estimated Value: $147,000 - $178,000

2 Beds
2 Baths
1,068 Sq Ft
8.39 Acre Lot

Sale Details

Date Sold: December 13, 2023

Last sale price $126,000 $118 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $1,810 / mo

66 Days on Market

Highlights

  • Lock-and-Leave Community
  • Elevator
  • Combination Dining and Living Room
  • Community Pool
  • Resident Manager or Management On Site
  • 4-minute walk to Paul Laurence Dunbar Park

About This Home

As of December 2023

Updated 2 bed/2 bath condo located in South Commons. Spacious living room & dining area are filled with natural light. Oversized balcony overlooking the pool is great for enjoying your coffee/tea or for sunbathing. Newer flooring throughout. Large master bedroom has plenty of closet space & an en suite bath with soaking tub. Complex offers on-site manager, engineer, outdoor pool, courtyard, & coin-operated laundry. Monthly assessment includes water, gas, & heat. Low property taxes. Parking space is available to lease. Across the street is Dunbar Park. Close to IIT, music & optometry colleges, lakefront, beach, & more. Easy access to I-90/94, Lake Shore Dr, Chinatown, & downtown. Move in now!

Last Agent to Sell the Property

Qizhong Guan

Century 21 S.G.R., Inc. License #475154447 Listed on: 09/22/2023

Century 21 S.G.R., Inc.

Last Buyer's Agent

Jacqueline Betancourt

Landmark Realtors License #475136168

Landmark Realtors

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,947

Year Built

  • Built in 1969

Lot Details

  • 8.39

HOA Fees

  • $745 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,068 Sq Ft Home
  • Combination Dining and Living Room
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include heat, water, gas, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 71 Units
  • Manager Association, Phone Number (312) 842-9720
  • Mid-Rise Community
  • Property managed by Community Specialists
  • Lock-and-Leave Community
  • 5-Story Property

Amenities

  • Coin Laundry
  • Elevator
  • Community Storage Space

Recreation

  • Community Pool

Pet Policy

  • Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,947

Year Built

Built in 1969

Lot Details

8.39 Acres

HOA Fees

$745 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Mid Rise (4-6 Stories)
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,Mid Rise (4-6 Stories)
  • Year Built: 1969
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 4
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 5

Interior Features

  • Appliances: Range, Refrigerator
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • LivingArea: 1068
  • Room Type: No additional rooms
  • Stories Total: 5
  • 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
  • ResoLivingAreaSource: Other

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK
  • Association Fee: 745
  • Association Amenities: Coin Laundry, Elevator(s), Storage, On Site Manager/Engineer, Pool, Security Door Lock(s)
  • Association Fee Frequency: Monthly
  • Management: Manager On-site,Monday through Friday
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Community Specialists
  • Management Contact Name: manager
  • Management Phone: 312-842-9720
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Water, Gas, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Lot Info

  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No

Tax Info

  • Tax Annual Amount: 1947.26
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 71

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2023
Closed on
Dec 8, 2023
Sold by
Bought by
Seller's Agent
Qizhong Guan
Century 21 S.G.R., Inc.
Buyer's Agent
Jacqueline Betancourt
Landmark Realtors
List Price
$139,900
Sold Price
$126,000
Premium/Discount to List
-$13,900
-9.94%
Views
305
Current Estimated Value
$165,432

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,432
Avg. Annual Appreciation
11.41%

Purchase Details

Listed on
Feb 12, 2018
Closed on
Aug 15, 2018
Sold by
Bought by
Seller's Agent
Vernetta Jackson
RE/MAX Premier
Buyer's Agent
Qizhong Guan
Century 21 S.G.R., Inc.
List Price
$105,000
Sold Price
$93,000
Premium/Discount to List
-$12,000
-11.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.86%

Purchase Details

Closed on
Jul 1, 2017
Sold by
Bought by

Purchase Details

Closed on
May 25, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,650
Interest Rate
7.07%
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$126,000 Chicago Title
$93,000 Old Republic Title
-- Attorney
$127,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $120,650
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/13/2023 12/13/23 Sold $126,000 -3.0% $118 / Sq Ft
11/28/2023 11/28/23 Pending -- -- --
10/30/2023 10/30/23 Price Changed $129,900 -7.1% $122 / Sq Ft
09/22/2023 09/22/23 For Sale $139,900 +50.4% $131 / Sq Ft
08/15/2018 08/15/18 Sold $93,000 -6.9% $87 / Sq Ft View Prior Sale
06/05/2018 06/05/18 Pending -- -- --
05/09/2018 05/09/18 Price Changed $99,900 -4.9% $94 / Sq Ft
04/04/2018 04/04/18 For Sale $105,000 0.0% $98 / Sq Ft
03/09/2018 03/09/18 Pending -- -- --
02/12/2018 02/12/18 For Sale $105,000 -- $98 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,047 $15,887 $4,132 $11,755
2024 $2,047 $15,887 $4,132 $11,755
2023 $1,973 $12,987 $3,337 $9,650
2022 $1,973 $12,987 $3,337 $9,650
2021 $1,947 $12,985 $3,336 $9,649
2020 $1,162 $8,320 $2,729 $5,591
2019 $1,839 $9,153 $2,729 $6,424
2018 $1,129 $9,153 $2,729 $6,424
2017 $668 $6,477 $2,274 $4,203
2016 $797 $6,477 $2,274 $4,203
2015 $706 $6,477 $2,274 $4,203
2014 $463 $5,065 $1,933 $3,132
2013 $443 $5,065 $1,933 $3,132
Source: Public Records

Agents Affiliated with this Home

  • Qizhong Guan

    Seller's Agent in 2023

    Qizhong Guan

    Century 21 S.G.R., Inc.

    (312) 730-8319

    8 in this area

    170 Total Sales

    Qizhong Guan
    Section Image
  • Jacqueline Betancourt

    Buyer's Agent in 2023

    Jacqueline Betancourt

    Landmark Realtors

    (708) 228-8783

    1 in this area

    64 Total Sales

    Jacqueline Betancourt
    Section Image
  • Vernetta Jackson

    Seller's Agent in 2018

    Vernetta Jackson

    RE/MAX

    (773) 396-9350

    1 in this area

    96 Total Sales

    Vernetta Jackson
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11892485

Midwest Real Estate Data (MRED)

APN: 17-27-310-093-1444

Illinois Cook County Chicago 60616 South Commons

3021 S Michigan Ave Unit 403, Chicago, IL

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) 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.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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