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$249,999   Price Analysis
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3041 S Michigan Ave Unit 506
Chicago, IL 60616
3 bed 3 bath 1,906 SqFt ($131/SqFt)
Built 1968
Listed 2023-11-05, HOA $1350, Taxes $4,739
Ⓧ USDA Ineligible
due to location

near Chicago

PENHOUSE BEAUTIFUL DOWNTOWN SKYLINE.

* Has Contingent Offer *

LARGEST 3BR, 2 1/2 BA DUPLEX HOME IN COMPLEX! LIVES LIKE IN A HUGE SINGLE FAMILY. THIS IMMACULATE and ELEGANT NEU. DECOR HM HAS BEEN TOATLLY UPDATED. HUGE BALCONY HAS SPECTACULAR NO. VIEW OF SEARS TOWER and OVERLOOKS POOL. SOARING CEILING, WITH LOFT (OFFICE)AREA OVERLOOKING LIVING ROOM!

CONVENIENTLY LOCATED TO ALL TRANSPORTATIONS. HUGE PRICE REDUCTION


Presented by Gedeon Dansou at
COMPASS.
Listing Agent Photo

Property MLS #11924455 from MRED

Bedrooms: 3
Bedrooms Possible: 3
Primary Bedroom Dimensions: 17 x 12
Bedroom 2 Dimensions: 14 x 12
Bedroom 3 Dimensions: 14 x 12
Primary Bedroom Level: Second
Bedroom 2 Level: Second
Bedroom 3 Level: Second

Total Rooms: 7
Loft
Living Room Dimensions: 19 x 15
Loft Dimensions: 11 x 10
Living Room Level: Main
Loft Level: Second

Total Bathrooms: 3
Full Bathrooms: 2
1/2 Bathrooms: 1

Storage
Flooring: Carpet

Range
Dishwasher
Refrigerator

Cooling Features: Window/Wall Units - 3+
Heating Features: Natural Gas, Radiant

Dining Area Dimensions: 10 x 9
Dining Area Level: Main
Kitchen Dimensions: 16 x 15
Kitchen Level: Main

Balcony

Lot Description: Common Grounds

Association: Yes
Association Amenities: Coin Laundry, Elevator(s)
Association Fee: 1350
Association Fee Frequency: Monthly
Association Fee Includes: Heat, Water, Gas, Insurance, Security, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
Calculated Total Monthly Association Fees: 1350
Pets Allowed: Cats OK
Cats Allowed: Yes

High School District: 299

Drake Elementary School is a public elementary and middle school located approximately 0.4 miles away.
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Phillips Academy High School is a public high school located approximately 1.1 miles away.
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Santa Lucia School is a private elementary and middle school located approximately 0.5 miles away.
directions icon Map directions

Annual Tax Amount: 4739.31
Source Listing Status: Active Under Contract
County: Cook
Directions: 31ST STREET TO INDIANA NORTH TO 3041
Tax Year: 2021
Ownership: Condo
Source Property Type: Residential
Property Subtype: condo
Source Neighborhood: South Commons
Parcel Number: 17273100931393
Subdivision: South Commons
Township: South Chicago
Management Company: South Common Place
Property Subtype: Attached Single
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2021$17,461 + $6,037
$23,498
$4,739
2020$10,117 + $4,939
$15,056
$3,354
2019$11,624 + $4,939
$16,563
$3,327
2018$11,624 + $4,939
$16,563
$3,271
2017$7,606 + $4,115
$11,721
$2,523
2016$7,606 + $4,115
$11,721
$2,347
2015$7,606 + $4,115
$11,721
$2,147
2014$5,668 + $3,498
$9,166
$1,700
2013$5,668 + $3,498
$9,166
$1,667
2012$7,008 + $3,498
$10,506
$1,885
2011$14,150 + $4,115
$18,265
$2,959
2010$14,150 + $4,115
$18,265
$2,972
2009$18,717 + $4,115
$22,832
$3,560
2007$26,978 + $1,042
$28,020
$3,979
2006$26,978 + $1,042
$28,020
$3,700

Listed 2023-11-05
$249,999
MRED
Listing removed 2023-11-05
$249,999
MRED
Listed 2023-10-03
$249,999
MRED
Sold 2007-02-15
$215,000
Public Record
Sold 1999-12-08
$162,000
Public Record

Total Square Feet Living: 1906
Year Built: 1968
Foundation Details: Concrete Perimeter
Property Age: 56
Levels or Stories: 5
Structure Type: Condo

Sewer: Public Sewer
Water Source: Public

Other Equipment: Security System, Intercom
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.