3041 S Michigan Ave Unit 506 Chicago, IL 60616
South Commons NeighborhoodEstimated payment $1,422/month
Total Views
3,048
3
Beds
1.5
Baths
1,000
Sq Ft
$180
Price per Sq Ft
Highlights
- Very Popular Property
- 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
Open House Schedule
-
Saturday, May 31, 20252:00 to 3:30 pm5/31/2025 2:00:00 PM +00:005/31/2025 3:30:00 PM +00:00Add to Calendar
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,974
Year Built
- 1972
Home Design
- 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
- 39 Units
- Tracey Association
- Property managed by south common
- 5-Story Property
Pet Policy
- Pets up to 25 lbs
- Dogs and Cats Allowed
Map
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
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 | $4,848 | $30,838 | $7,477 | $23,361 |
| 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 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/20/2025 05/20/25 | For Sale | $179,900 | -- | $180 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | Fidelity National Title | |
| Warranty Deed | $215,000 | Ticor Title Insurance | |
| Warranty Deed | $162,000 | -- |
Source: Public Records
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: Public Records
Similar Homes in the area
Source: Midwest Real Estate Data (MRED)
MLS Number: 12367249
APN: 17-27-310-093-1393
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