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3021 S Michigan Ave Unit 306
Condo
Just listed
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$169,999

$155/sqft

3021 S Michigan Ave Unit 306, Chicago

86% below median
2 bd·2 ba·1,100 sqft
Built 1974South Commons

3021 S Michigan Ave Unit 306, Chicago, IL

2 bd · 2 ba · 1,100 sqft Condo listed at $169,999, built in 1974 in the South Commons neighborhood.

About this home

This bright and inviting residence features a well-designed layout with abundant natural light, creating a warm and welcoming living space. The unit showcases a functional kitchen with ample cabinetry, and a spacious living area perfect for both relaxing and entertaining. The generously sized bedroom offers great closet space. Heated flooring throughout. Just minutes from downtown Chicago, Lake Michigan, IIT campus, public transportation, and major highways. Dunbar park, playground, tennis court, baseball field are next to the community.

Property details

Price
$169,999
Bedrooms
2
Bathrooms
2
Interior
1,100 sqft
Price / sqft
$155
Year built
1974
Type
Condo
Days on market
4
Est. property tax
$3,536/yr · $295/mo · 2.08% IL avg
HOA
$889/mo
Last sold
$78,000 · Sep 2013

Estimated monthly payment

Down payment20% ($34,000)
Interest rate6.75%
Principal & Interest$882
Property Tax$156
Insurance$150
Total$1,188/mo

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Price history

$190K$129K$68K$116K on Jun 00 (Sold)$158K on Jun 03 (Sold)$78K on Sep 13 (Sold)$180K on Mar 26 (Initial list)$170K on Apr 26 (Initial list)
$116K · Jun 00$170K · Apr 26
  1. Apr 21, 2026$169,999Initial list price
  2. Mar 24, 2026$179,999Initial list price
  3. Sep 10, 2013$78,000Sold
  4. Jun 20, 2003$158,000Sold
  5. Jun 20, 2000$116,000Sold

Location

This home is located in Chicago, IL. Browse more Chicago listings on the Chicago market page or explore the full Chicago market report.

About Chicago: Chicago is the most populous city in the U.S. state of Illinois and in the Midwestern United States. Located on the western shore of Lake Michigan, it is the third-most populous city in the United States, with a population of 2.74 million at the 2020 census. The Chicago metropolitan area has 9.41 million residents and is the third-largest metropolitan area in the country. Chicago is the seat of Cook County, the second-most populous county in the U.S. (source: Wikipedia)

Climate: Average year-round temperature is 51°F with 211 dry days per year and 39.9 inches of annual rainfall.

Location

Map of 3021 S Michigan Ave Unit 306, Chicago
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Home Intelligence

Neighborhood (zip 60616)

This neighborhood is primarily renter-occupied (38% owner-occupied). Median age is 37.6; 26% hold a bachelor's degree; median household income is $72,326.

Median income
$72,326
Median age
37.6
Owner-occupied
37.9%
Bachelor's degree
25.7%
Census median home value
$391,100

Source: US Census Bureau American Community Survey 5-year estimates.

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