Charming studio condo in the beautiful and historic **Douglas** neighborhood-just steps from the **lakefront, downtown access, parks, public transit, and some of Chicago's best restaurants**. This bright and efficient space offers great natural light and a flexible layout, with **minor cosmetic updates needed** to make it truly shine. Perfect for first-time buyers, investors, or anyone looking for an affordable home in a highly desirable location. Enjoy convenience, walkability, and unbeatable proximity to the city-all at an incredible value!
Closed
$101,000
2921 S Michigan Ave APT 516, Chicago, IL 60616
0beds
700sqft
Condominium, Apartment, Single Family Residence
Built in 1978
-- sqft lot
$103,600 Zestimate®
$144/sqft
$1,491 Estimated rent
Home value
$103,600
$93,000 - $115,000
$1,491/mo
Zestimate® history
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$994/mo
Est. payment
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Est. payment
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List your homeWhat's special
Great natural lightFlexible layoutBright and efficient space
Zillow last checked:
Listing updated:
Listed by:
Pamela Brown 312-242-1000,
Baird & Warner
Bought with:
Edward White
Infiniti Properties, Inc.
Source: MRED as distributed by MLS GRID,MLS#: 12530828
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 0
- Bathrooms: 1
- Full bathrooms: 1
Rooms
- Room types: No additional rooms
Dining room
- Level: Main
- Dimensions: COMBO
Kitchen
- Level: Main
- Area: 88 Square Feet
- Dimensions: 8X11
Laundry
- Level: Basement
- Area: 121 Square Feet
- Dimensions: 11X11
Living room
- Level: Main
- Area: 180 Square Feet
- Dimensions: 12X15
Heating
- Natural Gas
Cooling
- Window Unit(s)
Appliances
- Laundry: Common Area
Features
- Basement: None
Interior area
- Total structure area: 0
- Total interior livable area: 700 sqft
Property
Parking
- Total spaces: 1
- Parking features: Yes
Accessibility
- Accessibility features: Hall Width 36 Inches or More, Accessible Elevator Installed, Disability Access
Details
- Parcel number: 17273100931135
- Special conditions: None
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium, Apartment, Single Family Residence
Materials
- Brick
Condition
- New construction: No
- Year built: 1978
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: Yes
- Services included: Water, Security, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
- HOA fee: $400 monthly
Location
- Region: Chicago
Financial & listing details
- Price per square foot: $144/sqft
- Tax assessed value: $80,770
- Annual tax amount: $1,303
- Date on market: 12/11/2025
- Listing terms: Conventional
- Ownership: Condo
Price history
| Date | Event | Price |
|---|---|---|
| 2/2/2026 | Sold | $101,000+2%$144/sqft |
Source:  MRED as distributed by MLS GRID #12530828 Report a problem | ||
| 1/2/2026 | Contingent | $99,000$141/sqft |
Source: MRED as distributed by MLS GRID #12530828 Report a problem | ||
| 12/11/2025 | Listed for sale | $99,000+94.1%$141/sqft |
Source: MRED as distributed by MLS GRID #12530828 Report a problem | ||
| 11/19/1999 | Sold | $51,000$73/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $8,077 +31.2% |
| 2023 | $1,303 +2.6% | $6,154 |
| 2022 | $1,270 +2.3% | $6,154 |
| 2021 | $1,241 +41.3% | $6,154 +56.1% |
| 2020 | $878 +0.8% | $3,942 -9.1% |
| 2019 | $871 +1.7% | $4,337 |
| 2018 | $857 +29.7% | $4,337 +41.3% |
| 2017 | $661 +7.5% | $3,069 |
| 2016 | $615 +9.3% | $3,069 |
| 2015 | $562 +26.3% | $3,069 +27.9% |
| 2014 | $445 +2% | $2,400 |
| 2013 | $437 -11.6% | $2,400 -12.8% |
| 2012 | $494 -36.3% | $2,751 -42.5% |
| 2011 | $775 -0.4% | $4,783 |
| 2010 | $778 -16.5% | $4,783 -20% |
| 2009 | $932 -1.2% | $5,979 -9.1% |
| 2008 | $943 -9.5% | $6,577 -10.4% |
| 2007 | $1,042 -1.1% | $7,338 |
| 2006 | $1,053 +13.3% | $7,338 +29% |
| 2005 | $930 +1% | $5,689 |
| 2004 | $920 +2.2% | $5,689 |
| 2003 | $900 -6.6% | $5,689 +6% |
| 2002 | $964 | $5,366 |
| 2001 | -- | $5,366 |
Find assessor info on the county website
Neighborhood: South Commons
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Nearby schools
GreatSchools rating
- 4/10Drake Elementary SchoolGrades: PK-8Distance: 0.4 mi
- 1/10Phillips Academy High SchoolGrades: 9-12Distance: 1.2 mi
Schools provided by the listing agent
- District: 299
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$103,600
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Estimated market value
$103,600
- Illinois
- Cook County
- Chicago
- 60616
- South Commons
- 2921 S Michigan Ave Apartment 516
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