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  • $180,000

    3041 S Michigan Ave Unit 306, Chicago, IL 60616

    2beds
    --sqft
    Condominium, Single Family Residence
    Built in 1977
    -- sqft lot
    $191,000 Zestimate®
    $--/sqft
    $2,199 Estimated rent

    Home value

    $191,000

    $180,000 - $202,000

    $2,199/mo

    Zestimate® history
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    What's special

    Granite countertopsBeautiful cabinetsRunning trackInteractive water featureClean coin laundryMultiple shower jetsTennis court
    Exceptional elevator condo, strategically positioned for quiet and privacy. The East corner tier stands out for its serene setting away from any street noise. Natural light comes through the floor-to-ceiling windows, which offer unobstructed eastern views over Dumbar Park. The intelligent layout provides ample space for art and furniture placement. The heart of this home is an open-plan kitchen that seamlessly connects to the living and dining areas, extending to a generously sized private balcony. The dining area accommodates a six-person table with ease, complementing the inviting outdoor space, which is wonderful throughout the year. Both bedrooms boast substantial closet storage, with additional storage throughout the home. The current owner has comprehensively upgraded the property. The kitchen features upgraded cabinetry and contemporary stainless steel appliances, complemented by stone counters and accent lighting adding warmth and durability to the space. The luxury bathrooms provide great everyday use, with the primary bathroom offering a sauna and shower experience complete with exotic tiki finishes, an oversized glass door, music, and various lighting modes, a perfect way to start your day. The second bathroom, equally upgraded, features a deep soaking tub with temperature control. Recent improvements extend beyond the finishes, including a new electrical panel, building-wide plumbing upgrades to copper, new air conditioners and more! The building's association covers radiant heating throughout this home, cooking gas, and all building services and amenities. This well-managed association reflects the collective pride in ownership in the upkeep of the property and fabulous amenities such as a high-grade laundry facility, a captivating outdoor pool, parking, and direct access to Dumbar Park. This park offers over 21 acres of natural beauty, with picnic areas, tennis courts, and trails just outside your home. Located steps from one of Chicago's most ambitious developments, the Bronzeville Lakefront, this will be a transformative $600 million project that brings residential spaces, dining, shopping, and innovation hubs while maintaining beautiful access to nature and the lakefront. Steps to the lakefront running and bike trails, 31st street beach, and convenient public transit options via the Red and Green lines, multiple bus routes; convenient to all 3 expressways; 55, 90/94 and Lake Shore Drive. This home is a perfect live-in investment and a remarkable opportunity, offering exceptional value in a dynamic neighborhood.

    Zillow last checked:

    Listing updated:

    Listed by:

    Santiago Valdez 773-858-2410,

    Compass,

    Elizabeth Pyle 773-383-5417,

    Compass

    Bought with:

    Cindy Banks

    RE/MAX Cornerstone

    Source: MRED as distributed by MLS GRID,MLS#: 11991042MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Rooms
    • Room types: Balcony/Porch/Lanai
    Primary bedroom
    • Features: Flooring (Carpet), Bathroom (Full, Shower Only, Whirlpool & Sep Shwr, Whirlpool)
    • Level: Third
    • Area: 192 Square Feet
    • Dimensions: 16X12
    Bedroom 2
    • Features: Flooring (Carpet)
    • Level: Third
    • Area: 176 Square Feet
    • Dimensions: 16X11
    Balcony porch lanai
    • Features: Flooring (Stone)
    • Level: Third
    • Area: 80 Square Feet
    • Dimensions: 16X5
    Dining room
    • Features: Flooring (Carpet)
    • Level: Third
    • Area: 90 Square Feet
    • Dimensions: 10X9
    Kitchen
    • Features: Kitchen (Eating Area-Breakfast Bar, Custom Cabinetry, Granite Counters, SolidSurfaceCounter, Updated Kitchen), Flooring (Porcelain Tile)
    • Level: Third
    • Area: 90 Square Feet
    • Dimensions: 10X9
    Living room
    • Features: Flooring (Carpet)
    • Level: Third
    • Area: 210 Square Feet
    • Dimensions: 15X14
    Heating
    • Natural Gas, Steam, Radiant
    Cooling
    • Wall Unit(s), Zoned
    Appliances
    • Included: Range, Microwave, Dishwasher, Refrigerator, Stainless Steel Appliance(s)
    • Laundry: Common Area
    Features
    • Sauna, Elevator
    • Basement: None
    Interior area
    • Total structure area: 0

    Property

    Parking
    • Total spaces: 1
    • Parking features: On Site, Leased
    Accessibility
    • Accessibility features: No Disability Access
    Features
    • Has spa: Yes
    • Spa features: Indoor Hot Tub
    • Fencing: Fenced
    Lot
    • Features: Landscaped, Mature Trees, Backs to Public GRND, Backs to Open Grnd, Backs to Trees/Woods
    Details
    • Parcel number: 17273100931365
    • Special conditions: None

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium, Single Family Residence
    Materials
    • Brick
    Condition
    • New construction: No
    • Year built: 1977
    • Major remodel year: 2022

    Utilities & green energy

    • Electric: Circuit Breakers, 100 Amp Service
    • Sewer: Public Sewer
    • Water: Lake Michigan

    Community & HOA

    Community
    • Features: Park
    • Subdivision: South Commons
    HOA
    • Has HOA: Yes
    • Amenities included: Bike Room/Bike Trails, Coin Laundry, Elevator(s), Storage, On Site Manager/Engineer, Park, Party Room, Pool, Receiving Room, Security Door Lock(s), Tennis Court(s), Laundry, Fencing, Public Bus, Picnic Area, Security Lighting
    • Services included: Heat, Water, Gas, Insurance, Security, Pool, Exterior Maintenance, Lawn Care, Snow Removal
    • HOA fee: $769 monthly
    Location
    • Region: Chicago

    Financial & listing details

    • Tax assessed value: $171,720
    • Annual tax amount: $1,993
    • Date on market: 3/1/2024
    • Listing terms: Conventional
    • Ownership: Condo

    Price history

    DateEventPrice
    4/5/2024Sold$180,000-2.7%
    Source: MRED as distributed by MLS GRID #11991042 Report a problem
    3/11/2024Contingent$185,000
    Source: MRED as distributed by MLS GRID #11991042 Report a problem
    3/1/2024Listed for sale$185,000-5.1%
    Source: MRED as distributed by MLS GRID #11991042 Report a problem
    2/29/2024Listing removed--
    Source: MRED as distributed by MLS GRID #11919623 Report a problem
    2/6/2024Price change$195,000-2.5%
    Source: MRED as distributed by MLS GRID #11919623 Report a problem
    10/30/2023Listed for sale$200,000+88.7%
    Source: MRED as distributed by MLS GRID #11919623 Report a problem
    1/3/2000Sold$106,000
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024-- $17,172 +31.2%
    2023$2,068 +3.7%$13,084
    2022$1,994 +1.4%$13,084
    2021$1,967 +67.2%$13,084 +56.1%
    2020$1,176 +1.1%$8,383 -9.1%
    2019$1,164 +1.8%$9,223
    2018$1,143 +68.5%$9,223 +41.3%
    2017$678 -15.9%$6,526
    2016$807 +12.8%$6,526
    2015$715 +52%$6,526 +27.9%
    2014$470 +4.5%$5,104
    2013$450 -25.3%$5,104 -12.8%
    2012$602 -54.4%$5,850 -42.5%
    2011$1,321 -2.8%$10,170
    2010$1,359 -20.3%$10,170 -20%
    2009$1,705 -0.3%$12,713 -9.1%
    2008$1,710 +3.2%$13,985 -10.4%
    2007$1,658 +0.8%$15,602
    2006$1,645 -1.9%$15,602 +29%
    2005$1,677 +2.1%$12,094
    2004$1,642 +1.1%$12,094
    2003$1,624 -20.8%$12,094 +6%
    2002$2,050 $11,408
    2001-- $11,408
    Find assessor info on the county website

    Neighborhood: South Commons

    Nearby schools

    GreatSchools rating
    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
    $191,000
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $191,000