2941 S Michigan Avenue # 407 Chicago, IL $ 149,500
2941 S Michigan Avenue # 407
$ 149,500
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2941 S Michigan Avenue # 407

Chicago, IL, 60616
$ 149,500
Bedrooms1 Baths1.0 Sq 769

Monthly Estimate*

$ 933

2941 S Michigan Avenue # 407, Chicago, IL 60616 - Image 1
2941 S Michigan Avenue # 407, Chicago, IL 60616 - Image 2
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2941 S Michigan Avenue # 407, Chicago, IL 60616 - Image 12
2941 S Michigan Avenue # 407, Chicago, IL 60616 - Image 13
2941 S Michigan Avenue # 407, Chicago, IL 60616 - Image 14

Condo for sale in Chicago, IL

for $149,500 with 1 bedroom and 1 full bath. This 769 square foot condo was built in 1968.

Welcome to this beautifully renovated 1-bedroom, 1-bathroom corner unit located in the highly sought-after South Commons community. This stunning home has been thoughtfully updated from top to bottom, blending modern finishes with timeless style, open space featuring stainless steel appliances, sleek quartz countertops, and soft-close cabinetry in the kitchen-perfect for both everyday living and entertaining. The custom-designed bathroom includes a one-of-a-kind vanity, crafted specifically for the space. Luxury vinyl plank flooring flows seamlessly throughout the unit, adding warmth and a contemporary touch. Beyond the unit, enjoy access to a suite of exclusive building amenities, including heated outdoor swimming pool - ideal for relaxing or entertaining, modern elevator access for convenience and ease, secure storage for added space and organization, on-site manager and engineer, ensuring peace of mind and top-tier maintenance, and coin laundry facilities for everyday convenience! Schedule your private showing today and experience elevated living at South Commons.

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Condo Contingent

Price

$ 149,500

Bedrooms

1

Full Bath

1

Property Type

Condo

Taxes

$ 1,983

Style

Condo

Year Built

1968

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12494111

Features
General
Living Area 769
Sewer Public Sewer
Heating Forced Air
Cooling Wall Unit(s)
Possession Closing
HOA Fee 548
Association Fee Includes Heat Water Gas Insurance Security Pool Exterior Maintenance Lawn Care Scavenger Snow Removal
Construction Materials Brick
Pets Allowed Cats OK Number Limit
Year Built 1968
Electric Fuses
Township South Chicago
Unit Number 407
Tax Year 2023
Ownership Condo
Assoc Fee Paid Per Monthly
County Cook
New Construction N
Property Type Residential Attached Single
Association Amenities Coin Laundry Elevator(s) Storage On Site Manager/Engineer Pool
Contingency Attorney/Inspection
Subdivision Name South Commons
Total Rooms 3
Full Baths 1
Status Contingent
Directions 31ST STREET TO MICHIGAN AVENUE NORTH TO BUILDING.
High School Phillips Academy High School
City Chicago
High School District 299
MLS Area CHI - Douglas
Elementary School Drake Elementary School
Tax Annual Amount 1983
Middle/Junior High School Drake Elementary School
Additional Parcels Y/N N
Standard Status Active Under Contract
Middle/Junior School District 299
Elementary School District 299
Sub Type Condo
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Interior
Interior Amenities Storage
Basement None
Total Stories 6
Half Baths 0
Laundry Features Common Area
Total Bedrooms 1
Room Type No additional rooms
Total Baths 1
Bedrooms Possible 1
Total Number of Units 68
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Exterior
Exterior Amenities Balcony
Lot Features Common Grounds
Water Source Public
Total Parking 0
Lot Dimensions COMMON
Waterfront Y/N N
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* Excluded Features
List By
Coldwell Banker Realty

Broker

tiffanyb960@gmail.com

Email

Affordability Calculator

$1,098
Per Month
85%
15%
0%
Monthly Principal & Interest
$933
Monthly Property Taxes
$165
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4891095 Elementary School
4891095 Middle School
Phillips Academy High School High School
Pricing History
DatePricePrice ChangeDescription
11/10/2025$149,500 -3.55% Price Down
10/13/2025$155,000 Listed Price

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2941 S Michigan Avenue # 407, Chicago, IL, 60616 is a Condo for sale at $149,500 with 769 sqft. 2941 S Michigan Avenue # 407 has 1 bedrooms, 1.0 baths, and was built in 1968. The property's zip code is 60616 which is in Chicago, IL