NOT LISTED FOR SALE

2901 S Michigan Ave Unit 802-803 Chicago, IL 60616

South Commons Neighborhood

Estimated Value: $95,745 - $123,000

2 Beds
2 Baths
1,320 Sq Ft
$1,054/mo HOA Fee

Last Sold February 01, 2024

Last sale price $140,000 $106 Per Sq Ft

Est. 21% decrease in value since last sale

Current estimated payment $1,775/month

9 Days on Market

Highlights

  • Open Floorplan
  • Tennis Courts
  • Balcony
  • Community Pool
  • Stainless Steel Appliances
  • Walk-In Closet

About This Home

As of February 2024

Make this exceptional DOUBLE unit condo with approximately 1,350 SF of living space yours! This full amenity building offers a community pool and tennis court along with the added convenience of public transportation right out the front door on S. Michigan Avenue. Head to the 8th floor where your 2 bedroom, 2 bathroom condo awaits. The open floor plan is filled with natural light that highlights the spacious living room and kitchen. The primary suite features a walk-in closet and private bathroom and there is an additional bedroom and full bath. Relax and recharge on the huge private balcony that overlooks the city. Enjoy being moments to shopping, dining, schools, local parks and more!

Last Listed By

Edward Whalen

Keller Williams Preferred Rlty License #475186091 Listed on: 12/04/2023

Keller Williams Preferred Rlty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,380

Year Built

  • Built in 1972

Lot Details

  • 8

HOA Fees

  • $1,054 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,320 Sq Ft Home
  • Open Floorplan
  • Entrance Foyer
  • Combination Dining and Living Room
  • Partially Carpeted

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Home Security

Utilities

  • 3+ Cooling Systems Mounted To A Wall/Window
  • Radiant Heating System
  • Lake Michigan Water

Additional Features

  • Balcony
  • Additional Parcels

Listing and Financial Details

  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Community Details

Overview

  • Association fees include heat, water, gas, insurance, security, doorman, pool, exterior maintenance, lawn care, scavenger, snow removal
  • 222 Units
  • Manager Association, Phone Number (773) 882-3625
  • High-Rise Condominium
  • Property managed by Building Group
  • 22-Story Property

Amenities

  • Common Area
  • Laundry Facilities
  • Lobby

Recreation

  • Tennis Courts
  • Community Pool

Pet Policy

  • Cats Allowed

Security

  • Carbon Monoxide Detectors

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,380

Year Built

Built in 1972

Lot Details

0

HOA Fees

$1,054 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,High Rise (7+ Stories)
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,High Rise (7+ Stories)
  • Year Built: 1972
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 8
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 22

Interior Features

  • Appliances: Microwave, Dishwasher, Refrigerator, Stainless Steel Appliance(s), Front Controls on Range/Cooktop, Gas Cooktop, Gas Oven
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Walk-In Closet(s), Open Floorplan, Some Carpeting, Lobby
  • LivingArea: 1320
  • Other Equipment: CO Detectors
  • Room Type: Foyer, Walk In Closet, Balcony/Porch/Lanai
  • Stories Total: 22
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Balcony
  • List Price: 140000
  • Lot Features: Common Grounds
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Cooling: Window/Wall Units - 3+
  • Heating: Radiant
  • Laundry Features: Common Area
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK
  • Association Fee: 1054
  • Association Amenities: Pool, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Building Group
  • Management Contact Name: Manager
  • Management Phone: 773-882-3625
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Water, Gas, Insurance, Security, Doorman, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Schools

  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels Description: 17273100931199
  • Additional Parcels: Yes
  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No

Tax Info

  • Tax Annual Amount: 2379.83
  • Tax Year: 2022
  • Tax Exemptions: Homeowner,Senior,Other

Multi Family

  • Units in Building: 222

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2023
Closed on
Feb 1, 2024
Sold by
Burnett Robert V
Bought by
Roy Chirantan Singha and Roy Arunima Singha
Seller's Agent
Edward Whalen
Keller Williams Preferred Rlty
Buyer's Agent
Danielle Holmes
KM Realty Group, LLC
List Price
$140,000
Sold Price
$140,000
Total Days on Market
9
Views
86
Current Estimated Value
$110,186

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$29,814
Avg. Annual Appreciation
-17.56%
Original Mortgage
$105,000
Outstanding Balance
$100,456
Interest Rate
5.75%
Mortgage Type
New Conventional
Estimated Equity
$9,730

Purchase Details

Closed on
May 21, 2010
Sold by
Secretary Of Housing & Urban Development
Bought by
Burnett Yvette R

Purchase Details

Closed on
Oct 7, 2008
Sold by
Yarbrough Wilma B
Bought by
Secretary Of Housing & Urban Development

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Roy Chirantan Singha $140,000 None Listed On Document
Burnett Yvette R -- Stewart Title Company
Secretary Of Housing & Urban Development -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roy Chirantan Singha $105,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2024 02/01/24 Sold $140,000 0.0% $106 / Sq Ft
12/14/2023 12/14/23 Pending -- -- --
12/04/2023 12/04/23 For Sale $140,000 -- $106 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,282 $8,158 $1,978 $6,180
2023 $1,282 $6,216 $1,597 $4,619
2022 $1,282 $6,216 $1,597 $4,619
2021 $1,254 $6,215 $1,597 $4,618
2020 $887 $3,982 $1,306 $2,676
2019 $880 $4,381 $1,306 $3,075
2018 $865 $4,381 $1,306 $3,075
2017 $667 $3,100 $1,088 $2,012
2016 $621 $3,100 $1,088 $2,012
2015 $568 $3,100 $1,088 $2,012
2014 $450 $2,424 $925 $1,499
2013 $441 $2,424 $925 $1,499
Source: Public Records

Agents Affiliated with this Home

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Source: Midwest Real Estate Data (MRED)

MLS Number: 11940760

Midwest Real Estate Data (MRED)

APN: 17-27-310-093-1199