3021 S Michigan Ave Unit 404 Chicago, IL 60616
South Commons Neighborhood
1
Bed
1
Bath
700
Sq Ft
$412/mo
HOA Fee
Highlights
- Living Room
- Dining Room
- Dogs and Cats Allowed
- Laundry Room
- Family Room
- 4-minute walk to Paul Laurence Dunbar Park
About This Home
As of March 2025Welcome to this beautifully rehabbed 1-bedroom, 1-bath condo, updated in 2021, offers the perfect blend of modern style and convenience. The sleek, stainless steel appliances complement the chic. Nestled in a prime location, you'll enjoy easy access to everything the city has to offer. Whether you're a first-time buyer or looking for a savvy investment, this condo is a must-see!
Last Agent to Sell the Property
HomeSmart Connect LLC License #475172866 Listed on: 11/20/2024
Last Buyer's Agent
Miguel Lopez
Redfin Corporation License #475176198
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $791
Year Built
- Built in 1971 | Remodeled in 2021
HOA Fees
- $412 Monthly HOA Fees
Home Design
- Brick Exterior Construction
- Concrete Perimeter Foundation
Interior Spaces
- 700 Sq Ft Home
- Family Room
- Living Room
- Dining Room
- Carpet
- Laundry Room
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Potential Bedroom
- 1 Full Bathroom
Utilities
- Heating Available
- Lake Michigan Water
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
- 60 Units
- Association Phone (312) 842-9720
- Property managed by South Commons
- 5-Story Property
Pet Policy
- Dogs and Cats Allowed
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
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
Similar Homes in Chicago, IL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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
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
-
Jaime Navarro
Seller's Agent in 2025
Jaime Navarro
The McDonald Group
(773) 818-9941
2 in this area
66 Total Sales
-
M
Buyer's Agent in 2025
Miguel Lopez
Redfin Corporation
-
Amy Mei
Seller's Agent in 2020
Amy Mei
Landmark & Property Group, Inc
(312) 949-0028
3 in this area
66 Total Sales
-
Veronica Miklusicak
Seller's Agent in 2012
Veronica Miklusicak
@ Properties
(312) 399-9521
57 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12214258
APN: 17-27-310-093-1445
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