$55,000
SOLD NOV 2, 2020

3021 S Michigan Ave Unit 404 Chicago, IL 60616

South Commons Neighborhood
1 Bed
1 Bath
700 Sq Ft
$390/mo HOA Fee

Recently Sold

$79 Per Sq Ft

21% Below List Price

49 Days on Market

About This Home

As of March 2025

NICE 1 BEDROOM 1 BATH CONDO. MOVE IN CONDITION. OWNER OCCUPIED ONLY

Last Agent to Sell the Property

Amy Mei

Landmark & Property Group, Inc License #475130343 Listed on: 08/31/2020

Last Buyer's Agent

Jaime Navarro

HomeSmart Connect LLC License #475172866

HomeSmart Connect LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $791

HOA Fees

  • $390 per month

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Utilities

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

Community Details

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$791

Lot Details

0

HOA Fees

$390 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • Unit Floor Level: 4
  • Age: Unknown
  • Full Bathrooms: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 1
  • Estimated Year Built: U
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 5

Interior Features

  • Number Of Rooms: 3
  • Living Room: Dimensions: 18X12, On Level: Main Level, Flooring: Carpet
  • Bedrooms All Levels: 1
  • Above Grade Bedrooms: 1
  • Kitchen Type: Dimensions: 10X09, On Level: Main Level, Flooring: Other
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 16X12, On Level: Main Level, Flooring: Carpet
  • Estimated Sq Ft: 700

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick

Utilities

  • Air Conditioner: 1 (Window/Wall Unit)
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Electric

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Pet Information: Cats OK, Dogs OK
  • Assessment Includes: Heat, Water, Common Insurance, Security, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 390
  • Management Phone: 312-842-9720

Fee Information

  • Management Company: South Commons

Schools

  • School District: 299
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 17273100931445

Multi Family

  • Total Number Unitsin Building: 60
  • Number Stories: 5

Tax Info

  • Taxes: 998.71

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2024
Closed on
Mar 5, 2025
Sold by
Hernandez Abel
Bought by
Jackson Sheldon Ahmad
Seller's Agent
Jaime Navarro
HomeSmart Connect LLC
Buyer's Agent
Miguel Lopez
Redfin Corporation
List Price
$120,000
Sold Price
$117,500
Premium/Discount to List
-$2,500
-2.08%
Views
272
Current Estimated Value
$117,520

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20
Avg. Annual Appreciation
-1.94%
Original Mortgage
$105,750
Outstanding Balance
$105,662
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$11,034

Purchase Details

Listed on
Aug 31, 2020
Closed on
Nov 2, 2020
Sold by
Xie Ming
Bought by
Hernandez Abel
Seller's Agent
Amy Mei
Landmark & Property Group, Inc
Buyer's Agent
Jaime Navarro
HomeSmart Connect LLC
List Price
$69,900
Sold Price
$55,000
Premium/Discount to List
-$14,900
-21.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.02%

Purchase Details

Closed on
May 21, 2007
Sold by
Thomas Michelle R
Bought by
Walker Ebony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
6.21%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 20, 2002
Sold by
Wright Theresa D
Bought by
Thomas Michelle R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,500
Interest Rate
6.87%

Purchase Details

Closed on
Aug 14, 2000
Sold by
South Commons Llc
Bought by
Wright Theresa D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
9.5%
Mortgage Type
Credit Line Revolving
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 $117,500 None Listed On Document
Warranty Deed $55,000 Chicago Title
Warranty Deed $95,000 First American
Warranty Deed $85,000 --
Warranty Deed $60,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $105,750 New Conventional
Previous Owner $95,000 Purchase Money Mortgage
Previous Owner $76,500 No Value Available
Previous Owner $100,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2025 03/12/25 Sold $117,500 -2.1% $168 / Sq Ft
02/03/2025 02/03/25 Pending -- -- --
11/20/2024 11/20/24 For Sale $120,000 +118.2% $171 / Sq Ft
11/02/2020 11/02/20 Sold $55,000 -12.7% $79 / Sq Ft
10/19/2020 10/19/20 Pending -- -- --
09/28/2020 09/28/20 Price Changed $63,000 -9.9% $90 / Sq Ft
08/31/2020 08/31/20 For Sale $69,900 +179.6% $100 / Sq Ft
08/02/2012 08/02/12 Sold $25,000 +9.2% $31 / Sq Ft
04/30/2012 04/30/12 Pending -- -- --
04/19/2012 04/19/12 For Sale $22,900 -- $29 / Sq Ft
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 $791 $8,628 $2,244 $6,384
2023 $750 $7,053 $1,812 $5,241
2022 $750 $7,053 $1,812 $5,241
2021 $751 $7,053 $1,812 $5,241
2020 $1,006 $4,518 $1,482 $3,036
2019 $999 $4,971 $1,482 $3,489
2018 $982 $4,971 $1,482 $3,489
2017 $757 $3,518 $1,235 $2,283
2016 $705 $3,518 $1,235 $2,283
2015 $645 $3,518 $1,235 $2,283
2014 $510 $2,751 $1,050 $1,701
2013 $500 $2,751 $1,050 $1,701
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10840471

Midwest Real Estate Data (MRED)

APN: 17-27-310-093-1445