3041 S Michigan Avenue # 509 Chicago, IL $ 138,000
3041 S Michigan Avenue # 509
$ 138,000
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3041 S Michigan Avenue # 509

Chicago, IL, 60616
$ 138,000
Bedrooms1 Baths1.0 Sq 800

Monthly Estimate*

$ 861

3041 S Michigan Avenue # 509, Chicago, IL 60616 - Image 1
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Condo for sale in Chicago, IL

for $138,000 with 1 bedroom and 1 full bath. This 800 square foot condo was built in 1968.

Discover the potential of this inviting one-bedroom, one-bathroom condo, offering a blend of comfort, convenience, and urban charm. Enjoy your own private balcony-perfect for morning coffee or evening relaxation-creating a peaceful retreat in the heart of the city. Monthly assessments cover essential amenities such as heat, water, gas, common insurance, security, and exterior maintenance, along with seasonal services like lawn care and snow removal. Residents also have access to a sparkling outdoor pool, ideal for unwinding on warm summer days. Located just minutes from downtown Chicago, this condo provides exceptional access to public transportation. The Red Line, Green Line, Metra, and the scenic 31st Street Beach are all within easy walking distance. The neighborhood is surrounded by educational and cultural institutions, including De La Salle Institute, VanderCook College of Music, Illinois Institute of Technology, and The Illinois College of Optometry. Everyday necessities are close by as well, with Jewel-Osco, Lake Meadows Shopping Center, and Mercy Hospital conveniently nearby. This unit may require some TLC depending on your personal preferences and vision for the space. Outdoor enthusiasts will appreciate the proximity to Dunbar Park, which features an interactive water play area, multiple playgrounds, a running track, tennis courts, and a serene reading garden. Additional conveniences include clean, coin-operated laundry facilities located on the building's first floor. SOLD AS IS.

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Condo Active

Price

$ 138,000

Bedrooms

1

Full Bath

1

Property Type

Condo

Taxes

$ 1,920

Style

Condo

Year Built

1968

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12539926

Features
General
Living Area 800
Sewer Public Sewer
Heating Natural Gas
Cooling Wall Unit(s)
Possession Immediate
HOA Fee 617
Association Fee Includes Heat Water Gas Insurance Pool Exterior Maintenance Lawn Care Scavenger Snow Removal
Construction Materials Brick
Pets Allowed Cats OK
Year Built 1968
Township South Chicago
Unit Number 509
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
Subdivision Name South Commons
Total Rooms 5
Full Baths 1
Status New
Directions 31st STREET to INDIANA NORTH to 3041
City Chicago
High School District 299
MLS Area CHI - Douglas
Tax Annual Amount 1920
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
Sub Type Condo
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Interior
Basement None
Total Stories 5
Half Baths 0
Total Bedrooms 1
Room Type No additional rooms
Total Baths 1
Bedrooms Possible 1
Total Number of Units 65
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Exterior
Exterior Amenities Balcony
Parking Features Assigned Yes Other
Water Source Lake Michigan Public
Total Parking 0
Lot Dimensions COMMON
Waterfront Y/N N
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* Excluded Features
List By
Your House Realty

Broker

tatiana.il.realty@gmail.com

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Affordability Calculator

$1,021
Per Month
84%
16%
0%
Monthly Principal & Interest
$861
Monthly Property Taxes
$160
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
566059 Elementary School
566846 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/3/2026$138,000 Listed Price

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3041 S Michigan Avenue # 509, Chicago, IL, 60616 is a Condo for sale at $138,000 with 800 sqft. 3041 S Michigan Avenue # 509 has 1 bedrooms, 1.0 baths, and was built in 1968. The property's zip code is 60616 which is in Chicago, IL