3001 S Michigan Avenue # 1006
Chicago, IL, 60616 $ 110,000
Baths1.0 Sq 600 Monthly Estimate*
$ 677
Studio for $110,000 with 1 full bath. This 600 square foot condo was built in 1974.
Welcome to this beautifully updated, light-filled studio condominium featuring floor-to-ceiling windows and spectacular unobstructed views of the city skyline, park, pool, and Guaranteed Rate Field. Designed for comfortable urban living, the open-concept floor plan offers a spacious living and dining area with abundant natural light and direct access to an oversized 16-foot private balcony with western exposure. The kitchen seamlessly flows into the main living space and features stainless steel appliances, modern cabinetry, and granite countertops. Additional upgrades include wood laminate flooring throughout and a renovated bathroom with matching granite surfaces. The generous layout easily accommodates a queen or king-sized bed, living room furnishings, and a dedicated work-from-home space. A large walk-in custom closet and additional entry closet provide excellent storage, while the flexible floor plan offers the potential to create a junior one-bedroom with the addition of a privacy wall. Residents enjoy a full-service building with on-site management, security staff, maintenance personnel, laundry facility, and additional storage. HOA assessments include heat, water, gas, and pool access, helping keep monthly utility costs low. Conveniently located near the lakefront, Illinois Institute of Technology (IIT), Illinois College of Optometry, De La Salle Institute, VanderCook College of Music, Mercy Hospital, Lake Meadows Shopping Center, Jewel-Osco, and Dunbar Park. Commuters will appreciate direct gated access to Michigan Avenue bus routes and easy access to Lake Shore Drive and major expressways. Garage and exterior parking can be rented, with additional street parking nearby. An exceptional opportunity for owner-occupants, students, medical professionals, or investors seeking a move-in-ready home in a prime Chicago location.
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Condo ActiveCondo,High Rise (7+ Stories),Studio
FeaturesGeneralLiving Area 600
Sewer Public Sewer
Heating Steam
Cooling Wall Unit(s)
Possession Closing
Appliances Range Microwave Refrigerator
HOA Fee 380
Garage Spaces 0
Association Fee Includes Heat Water Gas Insurance Security Pool Exterior Maintenance Lawn Care Scavenger Snow Removal
Construction Materials Brick
Pets Allowed Cats OK Dogs OK Number Limit Size Limit
Year Built 1974
Township South Chicago
Unit Number 1006
Tax Year 2024
Ownership Condo
Assoc Fee Paid Per Monthly
County Cook
New Construction N
Property Type Residential Attached Single
Association Amenities Bike Room/Bike Trails Coin Laundry Elevator in Residence Storage On Site Manager/Engineer Park Pool Security Door Lock(s) Laundry In Ground Pool Public Bus
Total Rooms 2
Full Baths 1
Status New
Directions 31ST EAST TO INDIANA NORTH ON INDIANA TO BUILDING
City Chicago
High School District 299
MLS Area CHI - Douglas
Tax Annual Amount 1390.74
Additional Parcels Y/N N
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
Sub Type Condo High Rise (7+ Stories) Studio
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InteriorInterior Amenities Storage Walk-In Closet(s) Open Floorplan Granite Counters
Basement None
Flooring Laminate
Total Stories 23
Half Baths 0
Laundry Features Common Area
Total Bedrooms 0
Room Type Walk In Closet Balcony/Porch/Lanai
Total Baths 1
Bedrooms Possible 0
Bathroom Soaking Tub
Total Number of Units 679
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ExteriorExterior Amenities Balcony
Parking Features Yes Detached Garage
Water Source Lake Michigan
Total Parking 0
Lot Dimensions COMMON
Waterfront Y/N N
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* Excluded FeaturesList ByO W Auction Group LlcBroker
Affordability Calculator
- Monthly Principal & Interest
- $677
- Monthly Property Taxes
- $116
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% 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.
Learn more about how to save NearbyCondo listings in Chicago, IL
Average List Price $631,766
Percent of Sale Price 474%
About Chicago, IL 2,755,380 Population
-4% Since 2002
$ 53,088 Median Income
36.07 Median Age
25% Households with Children
Trends Information provided by ATTOM Data Solutions.
566059 Elementary School
566846 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 6/2/2026 | $110,000 | | Listed Price |