3041 S Michigan Ave Unit 506 Chicago, IL 60616
South Commons NeighborhoodEstimated payment $2,841/month
Highlights
- Elevator
- Combination Dining and Living Room
- Dogs and Cats Allowed
- Laundry Room
- Family Room
- 2-minute walk to Paul Laurence Dunbar Park
About This Home
Condo duplex Balcony off the living room. All bedrooms located on the 2nd floor 3 bedroom and d1.5 bathrooms. This property is eligible for first look initative through June 21, 2025 Highest and best due 7/11/25 10am
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,974
HOA Fees
- $1,521 Monthly HOA Fees
Home Design
- Entry on the 5th floor
- Brick Exterior Construction
Interior Spaces
- 1,000 Sq Ft Home
- Family Room
- Combination Dining and Living Room
- Laundry Room
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
Utilities
- Heating System Uses Natural Gas
Community Details
Overview
- Association fees include heat, air conditioning, water, electricity, gas, insurance, security, lawn care, scavenger, snow removal
- 39 Units
- Donna Or Tracey Association, Phone Number (312) 842-9720
- Property managed by The Building Group Management
- 5-Story Property
Amenities
- Elevator
Pet Policy
- Pets up to 25 lbs
- Dogs and Cats Allowed
Map
Home Values in the Area
Average Home Value in this Area
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 | $4,974 | $28,747 | $7,477 | $21,270 |
| 2023 | $4,848 | $23,499 | $6,038 | $17,461 |
| 2022 | $4,848 | $23,499 | $6,038 | $17,461 |
| 2021 | $4,739 | $23,498 | $6,037 | $17,461 |
| 2020 | $3,354 | $15,056 | $4,939 | $10,117 |
| 2019 | $3,328 | $16,563 | $4,939 | $11,624 |
| 2018 | $3,272 | $16,563 | $4,939 | $11,624 |
| 2017 | $2,523 | $11,721 | $4,115 | $7,606 |
| 2016 | $2,348 | $11,721 | $4,115 | $7,606 |
| 2015 | $2,148 | $11,721 | $4,115 | $7,606 |
| 2014 | $1,701 | $9,166 | $3,498 | $5,668 |
| 2013 | $1,667 | $9,166 | $3,498 | $5,668 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/02/2025 09/02/25 | For Sale | $169,900 | 0.0% | $170 / Sq Ft |
| 08/25/2025 08/25/25 | Pending | -- | -- | -- |
| 08/09/2025 08/09/25 | Price Changed | $169,900 | -2.9% | $170 / Sq Ft |
| 06/30/2025 06/30/25 | Price Changed | $174,900 | -2.8% | $175 / Sq Ft |
| 05/20/2025 05/20/25 | For Sale | $179,900 | -- | $180 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | Fidelity National Title | |
| Warranty Deed | $215,000 | Ticor Title Insurance | |
| Warranty Deed | $162,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $204,250 | Unknown | |
| Previous Owner | $146,000 | Unknown | |
| Previous Owner | $153,470 | No Value Available |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12367249
APN: 17-27-310-093-1393
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