2901 S Michigan Ave Apt 505, Chicago, IL
1 bd · 1 ba · 790 sqft Condo listed at $155,000, built in 1969 in the South Commons neighborhood.
About this home
Welcome home! Stunning views are the drawl in this spacious 1-bedroom, 1-bath corner unit, filled with natural light and finished with luxury flooring throughout. Floor-to-ceiling windows showcase beautiful views and lead to a private balcony overlooking the pool-perfect for relaxing and entertaining. Your traditional kitchen is designed for efficiency and effectiveness. Smart floor plan allows for the chef(s) of the home to move seamlessly prepping and cooking while still interacting with family and guest. White and wood cabinetry, granite countertops, clean and cared for stainless steal appliances come standard. Additional highlights include dishwasher, and contemporary LED ceiling fixtures. The generously sized bedroom comfortably fits a king-size bed and includes a custom closet with sliding mirrored doors. The bathroom offers a spa-like retreat with floor-to-ceiling porcelain tile, custom mirrors, and a soaking tub. Additional upgrades include solid wood interior doors and two updated A/C units that provide both heating and cooling. Ideally located near South Loop shopping and dining, McCormick Place, the lakefront and beaches, Guaranteed Rate Field (White Sox Park), IIT campus, hospitals, and major expressways including Lake Shore Drive. Public transportation is just steps from your door, with easy access to Downtown Chicago. The building is adjacent to Dunbar Park, featuring a running track, tennis and basketball courts, and a playground. Low monthly assessments include heat, gas, water, pool access, secure package delivery room, additional storage, 24-hour security and maintenance, and beautifully maintained landscaping. Parking is available for a monthly fee through the management office.
Property details
- Price
- $155,000
- Bedrooms
- 1
- Bathrooms
- 1
- Interior
- 790 sqft
- Price / sqft
- $196
- Year built
- 1969
- Type
- Condo
- Days on market
- 26
- Est. property tax
- $3,224/yr · $269/mo · 2.08% IL avg
- HOA
- $661/mo
Estimated monthly payment
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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.
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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