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2901 S Michigan Ave Unit 1803-4
Pending
Condo
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$170,000

$137/sqft

2901 S Michigan Ave Unit 1803-4, Chicago

86% below median
2 bd·2 ba·1,244 sqft
Built 1966South Commons

2901 S Michigan Ave Unit 1803-4, Chicago, IL

2 bd · 2 ba · 1,244 sqft Condo listed at $170,000, built in 1966 in the South Commons neighborhood.

About this home

Very special 2 Bedroom, 2 Bath Condo Unit in the well maintained South Commons Building located in the Prairie Shores neighborhood of the City. Many wonderful features. Generous room sizes and Galley Kitchen with Breakfast Bar. The huge Primary ensuite Bedroom also includes a large Walk-In Closet. Extra Storage Locker, common Laundry, on-site Engineers, Pool, Party Room and ideally located across from Dunbar Park & Tennis Courts. Close to Shopping, Dining, Transportation, Rate Field, Illinois Institute of Technology and the 31st Street Beach at the Lakefront. HUD Case 137-534238, Insured Status: IE (Insured with Escrow). HUD owned Property. The Seller Is selling this property in "AS IS" condition. Seller nor its representatives make any representations or warranties regarding the property.

Property details

Price
$170,000
Bedrooms
2
Bathrooms
2
Interior
1,244 sqft
Price / sqft
$137
Year built
1966
Type
Condo
Days on market
103
Est. property tax
$3,536/yr · $295/mo · 2.08% IL avg
HOA
$894/mo

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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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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