This Unit offers Amenities that include an Outdoor Pool, Landscaped Courtyard, Elevator, In-Building Laundry Room, and Security with Cameras and roaming personnel. Assessments cover Gas, Water, Heating, Security, Pool, Lawn Care, Exterior Maintenance. Unit is Freshly Painted, High Ceiling, Private Large Balcony View to Pool Area. Enjoy early Morning Coffee or Night Cap while Lounging on Your Balcony Area. Illinois Institute of Technology (IIT) is right around the corner. There's secure parking available for rent, your own dedicated storage locker. The location is convenient, with proximity to CTA, Metra and major expressways, McCormick Place, Mercy Hospital, and Downtown Chicago.
Closed
$101,500
2941 S Michigan Ave APT 505, Chicago, IL 60616
0beds
500sqft
Apartment, Single Family Residence
Built in 1968
-- sqft lot
$105,900 Zestimate®
$203/sqft
$1,330 Estimated rent
Home value
$105,900
$95,000 - $118,000
$1,330/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Denis Miron 773-392-5741,
EHomes Realty, Ltd
Bought with:
Ashley Kain Spector
Compass
Source: MRED as distributed by MLS GRID,MLS#: 12435918
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 0
- Bathrooms: 1
- Full bathrooms: 1
Rooms
- Room types: Foyer, Walk In Closet, Enclosed Balcony
Dining room
- Features: Flooring (Wood Laminate)
- Level: Main
- Dimensions: COMBO
Other
- Level: Main
- Area: 64 Square Feet
- Dimensions: 16X4
Foyer
- Features: Flooring (Wood Laminate)
- Level: Main
- Area: 21 Square Feet
- Dimensions: 3X7
Kitchen
- Features: Flooring (Vinyl)
- Level: Main
- Area: 45 Square Feet
- Dimensions: 5X9
Living room
- Features: Flooring (Wood Laminate), Window Treatments (Blinds)
- Level: Main
- Area: 288 Square Feet
- Dimensions: 16X18
Walk in closet
- Features: Flooring (Wood Laminate)
- Level: Main
- Area: 42 Square Feet
- Dimensions: 6X7
Heating
- Space Heater, Other
Cooling
- Wall Unit(s)
Appliances
- Included: Range, Refrigerator
Features
- Flooring: Laminate
- Basement: None
Interior area
- Total structure area: 0
- Total interior livable area: 500 sqft
Property
Accessibility
- Accessibility features: No Disability Access
Details
- Parcel number: 17273100931056
- Special conditions: None
Construction
Type & style
- Home type: Condo
- Property subtype: Apartment, Single Family Residence
Materials
- Brick
Condition
- New construction: No
- Year built: 1968
Utilities & green energy
- Electric: Fuses
- Sewer: Public Sewer
- Water: Lake Michigan, Public
Community & HOA
HOA
- Has HOA: Yes
- Amenities included: Coin Laundry, Elevator(s), Storage, On Site Manager/Engineer, Park, Pool, Tennis Court(s)
- Services included: Heat, Water, Gas, Insurance, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
- HOA fee: $315 monthly
Location
- Region: Chicago
Financial & listing details
- Price per square foot: $203/sqft
- Tax assessed value: $70,600
- Annual tax amount: $1,139
- Date on market: 8/1/2025
- Listing terms: Conventional
- Ownership: Condo
Price history
| Date | Event | Price |
|---|---|---|
| 10/8/2025 | Sold | $101,500+1.6%$203/sqft |
Source:  MRED as distributed by MLS GRID #12435918 Report a problem | ||
| 8/27/2025 | Contingent | $99,900$200/sqft |
Source: MRED as distributed by MLS GRID #12435918 Report a problem | ||
| 8/1/2025 | Listed for sale | $99,900+49.1%$200/sqft |
Source: MRED as distributed by MLS GRID #12435918 Report a problem | ||
| 10/25/2021 | Sold | $67,000-25.5%$134/sqft |
Source: MRED as distributed by MLS GRID #11154305 Report a problem | ||
| 8/10/2021 | Contingent | $89,900$180/sqft |
Source: MRED as distributed by MLS GRID #11154305 Report a problem | ||
| 7/13/2021 | Listed for sale | $89,900+69.6%$180/sqft |
Source: MRED as distributed by MLS GRID #11154305 Report a problem | ||
| 5/24/2018 | Sold | $53,000-3.6%$106/sqft |
Source: Public Record Report a problem | ||
| 4/28/2018 | Pending sale | $55,000$110/sqft |
Source: United Real Estate - Chicago #09879939 Report a problem | ||
| 4/18/2018 | Price change | $55,000-6.8%$110/sqft |
Source: United Real Estate - Chicago #09879939 Report a problem | ||
| 3/10/2018 | Listed for sale | $59,000-7.8%$118/sqft |
Source: United Real Estate - Chicago #09879939 Report a problem | ||
| 5/30/2002 | Sold | $64,000+42.2%$128/sqft |
Source: Public Record Report a problem | ||
| 2/10/2000 | Sold | $45,000$90/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $7,060 +31.3% |
| 2023 | $1,139 +2.6% | $5,379 |
| 2022 | $1,110 +2.3% | $5,379 |
| 2021 | $1,085 +41.4% | $5,379 +56.1% |
| 2020 | $767 +0.8% | $3,445 -9.1% |
| 2019 | $762 +1.7% | $3,791 |
| 2018 | $749 +29.7% | $3,791 +41.3% |
| 2017 | $578 +7.5% | $2,683 |
| 2016 | $537 +9.3% | $2,683 |
| 2015 | $492 +26.4% | $2,683 +27.9% |
| 2014 | $389 +2% | $2,097 |
| 2013 | $381 -11.6% | $2,097 -12.8% |
| 2012 | $431 -36.3% | $2,404 -42.5% |
| 2011 | $678 -0.4% | $4,181 |
| 2010 | $680 -16.5% | $4,181 -20% |
| 2009 | $815 -1.2% | $5,226 -9.1% |
| 2008 | $825 -9.5% | $5,749 -10.4% |
| 2007 | $911 -1.1% | $6,413 |
| 2006 | $921 +13.3% | $6,413 +29% |
| 2005 | $812 +1% | $4,971 |
| 2004 | $804 +2.2% | $4,971 |
| 2003 | $787 -6.6% | $4,971 +6% |
| 2002 | $842 | $4,689 |
| 2001 | -- | $4,689 |
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: 1.1 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
$105,900
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Estimated market value
$105,900
- Illinois
- Cook County
- Chicago
- 60616
- South Commons
- 2941 S Michigan Ave Apartment 505
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