NOT LISTED FOR SALE

3041 S Michigan Ave Unit 504 Chicago, IL 60616

South Commons Neighborhood

Estimated Value: $289,534

3 Beds
3 Baths
1,500 Sq Ft
1968 Built

Sale Details

Date Sold: June 11, 2018

Last sale price $155,000 $103 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $3,072 / mo

165 Days on Market

Highlights

  • Vaulted Ceiling
  • Breakfast Bar
  • Southern Exposure
  • Wood Flooring
  • Property is near bus stop
  • 2-minute walk to Paul Laurence Dunbar Park

About This Home

As of June 2018

5,000 PRICE REDUCTION!!! Large and spacious 2 level condo that features 2 story living and dining rooms, 3 roomy bedrooms, separate dining room, hardwood floors, updated eat-in kitchen, 2 1/2 bathrooms including a master bathroom, large balcony and much, much more! There is a 1/2 bathroom/powder room on the 1st level and a 2nd floor lofted area that adds to the amenities. This lovely unit has been decorated and has new carpet throughout. This South Loop condo has everything that you could look for in a home and is located across the street from IIT and near Lake Michigan, Mercy Hospital, downtown, Cellualr Field and more! This is a Freddie Mac / HomeSteps property and the First Look Initiative Program for owner occupants expires 11/5/17.

Last Agent to Sell the Property

Ronald Branch

RLB Realty Group, Inc. License #471007409 Listed on: 10/05/2017

Last Buyer's Agent

Dianne Simmons

J.A. Gibson & Associates, Ltd. License #475135380

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Condominium

Year Built

  • 1968

HOA Fees

  • $1,145 per month

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Vaulted Ceiling
  • Wood Flooring
  • Breakfast Bar

Utilities

  • 3+ Cooling Systems Mounted To A Wall/Window
  • Heating System Uses Gas
  • Radiant Heating System
  • Lake Michigan Water

Additional Features

  • Southern Exposure
  • Property is near bus stop

Community Details

  • Pets Allowed

Property Details

Home Type

Condominium

Year Built

1968

HOA Fees

$1,145 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus, Commuter Train
  • Unit Floor Level: 5
  • Age: 41-50 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 2.1
  • Estimated Year Built: 1968
  • Type Attached: Condo, Condo-Duplex
  • Special Features: 20
  • Property Sub Type: Condos
  • Stories: 5
  • Year Built: 1968

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Hardwood Floors
  • Number Of Rooms: 6
  • Living Room: Dimensions: 19X15, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 3
  • Dining Room: Dimensions: 10X10, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Kitchen Type: Dimensions: 12X8, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 17X12, On Level: 2nd Level, Flooring: Carpet, Windows: None
  • Bedroom 2: Dimensions: 14X11, On Level: 2nd Level, Flooring: Carpet, Windows: None
  • Bedroom 3: Dimensions: 14X11, On Level: 2nd Level, Flooring: Carpet, Windows: None
  • Estimated Sq Ft: 1500
  • Dining Room Type: Combined w/ LivRm

Exterior Features

  • Exterior Building Type: Brick
  • Exposure: S (South)

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: 3+ (Window/Wall Unit)
  • Water: Lake Michigan, Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Radiant

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager On-site
  • Pet Information: Cats OK
  • Common Area Amenities: Coin Laundry, Elevator, On Site Manager/Engineer, Pool-Outdoors
  • Assessment Includes: Heat, Water, Gas, Common Insurance, Security, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Special Assessments: Y
  • Assessed Sq Ft: 1500
  • Assessment Association Fees: 1145
  • Management Contact Name: Cortney Cox
  • Management Phone: 312-842-9720

Fee Information

  • Management Company: Community Specialists

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 17273100931391

Multi Family

  • Total Number Unitsin Building: 68
  • Number Stories: 5

Tax Info

  • Taxes: 1580.44

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

Closed on
Apr 4, 2018
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Current Estimated Value
$289,534

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
5.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 24, 2017
Sold by
Solis Omar
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Aug 9, 2006
Sold by
Jp Morgan Chase Bank
Bought by
Solis Omar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,000
Interest Rate
6.58%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Oct 28, 2005
Sold by
Coppage Vera M and Mortgage Electronic Registrati
Bought by
Jp Morgan Chase Bank

Purchase Details

Closed on
Oct 29, 2003
Sold by
Coppage Vera M and Hodari Lolita R
Bought by
Loppage Vera M and Coppage Lolita R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,000
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 5, 2002
Sold by
Coppage Vera M
Bought by
Coppage Vera M and Hodari Lolita R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
7.5%

Purchase Details

Closed on
Dec 22, 2000
Sold by
South Commons Llc
Bought by
Coppage Vera M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
7.87%
Mortgage Type
Unknown
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in South Commons, IL

  • Lisa Foster Real Estate Agent - @properties Christie's International Real Estate

    Lisa Foster

    @properties Christie's International Real Estate

    (312) 313-5956

    120 Total Sales

    2 in South Commons

    $133K - $145K Price Range

    Lisa Foster
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  • Margie Smigel Real Estate Agent - The Margie Smigel Group, LLC

    Margie Smigel

    The Margie Smigel Group, LLC

    (312) 584-9431

    57 Total Sales

    1 in South Commons

    $110,000 Price

    Margie Smigel
     Section Image
  • Daisy Neal Real Estate Agent - Daisy Neal

    Daisy Neal

    Daisy Neal

    (877) 894-6002

    20 Total Sales

    1 in South Commons

    $364,000 Price

    Daisy Neal
     Section Image
  • Carolyn Moore-Washington Real Estate Agent - Coldwell Banker Realty

    Carolyn Moore-Washington

    Coldwell Banker Realty

    (708) 572-3115

    102 Total Sales

    2 in South Commons

    $127K - $141K Price Range

    Carolyn Moore-Washington
     Section Image
  • O'Neia Washington Real Estate Agent - O W Auction Group LLC

    O'Neia Washington

    O W Auction Group LLC

    (773) 923-3407

    59 Total Sales

    1 in South Commons

    $110,000 Price

    O'Neia Washington
     Section Image
  • Don Robinson Real Estate Agent - ABS Property Consulting

    Don Robinson

    ABS Property Consulting

    (866) 346-9374

    46 Total Sales

    1 in South Commons

    $124,000 Price

    Don Robinson
     Section Image
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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
$155,000 Attorneys Title Guaranty Fun
Federal Home Loan Mortgage Corporation -- None Available
Solis Omar $235,000 First American Title
Jp Morgan Chase Bank -- --
Loppage Vera M -- --
Coppage Vera M -- --
Coppage Bell Lolita $169,500 --
Coppage Vera M -- --
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 $124,000
Previous Owner Solis Omar $208,000
Previous Owner Solis Omar $37,000
Previous Owner Solis Omar $47,000
Closed Solis Omar $188,000
Previous Owner Loppage Vera M $187,000
Previous Owner Coppage Vera M $165,000
Previous Owner Coppage Vera M $132,000
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
06/11/2018 06/11/18 Sold $155,000 -8.8% $103 / Sq Ft
03/19/2018 03/19/18 Pending -- -- --
01/28/2018 01/28/18 Price Changed $169,900 -2.9% $113 / Sq Ft
01/18/2018 01/18/18 For Sale $174,900 0.0% $117 / Sq Ft
10/09/2017 10/09/17 Pending -- -- --
10/05/2017 10/05/17 For Sale $174,900 -- $117 / 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 $3,510 $27,588 $7,176 $20,412
2024 $3,510 $27,588 $7,176 $20,412
2023 $3,382 $22,551 $5,794 $16,757
2022 $3,382 $22,551 $5,794 $16,757
2021 $3,339 $22,550 $5,794 $16,756
2020 $1,974 $14,447 $4,739 $9,708
2019 $1,953 $15,894 $4,739 $11,155
2018 $3,140 $15,894 $4,739 $11,155
2017 $1,695 $11,248 $3,949 $7,299
2016 $1,753 $11,248 $3,949 $7,299
2015 $1,580 $11,248 $3,949 $7,299
2014 $1,155 $8,796 $3,357 $5,439
2013 $1,122 $8,796 $3,357 $5,439
Source: Public Records

Agents Affiliated with this Home

  • Ronald Branch Real Estate Agent - RLB Realty Group, Inc.

    Seller's Agent in 2018

    Ronald Branch

    RLB Realty Group, Inc.

    (312) 203-6125

    31 Total Sales

    Ronald Branch
    Section Image

  • DS

    Buyer's Agent in 2018

    Dianne Simmons

    J.A. Gibson & Associates, Ltd.

    22 Total Sales

    Dianne Simmons
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09770724

Midwest Real Estate Data (MRED)

APN: 17-27-310-093-1391

Illinois Cook County Chicago 60616 South Commons

3041 S Michigan Ave Unit 504, 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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