2901 S Michigan Avenue # 903
Chicago, IL, 60616 $ 114,900
Baths1.0 Sq 500 Monthly Estimate*
$ 725
Studio for $114,900 with 1 full bath. This 500 square foot condo was built in 1971.
Welcome home to this beautifully updated 9th-floor studio in the highly desirable South Commons community, where modern updates, incredible natural light, and sweeping south-facing views of Rate Field come together in one move-in-ready package. Step inside to discover a bright, open living space featuring brand-new luxury vinyl plank flooring, fresh paint throughout, and oversized windows that fill the home with natural light while showcasing views of Rate Field. Whether you're enjoying your morning coffee or watching the lights over the ballpark in the evening, the view is one you'll never get tired of. The completely renovated kitchen is the centerpiece of the home, thoughtfully redesigned with an open-concept layout that creates a spacious feel rarely found in studio living. Beautiful white cabinetry, sleek quartz countertops, brand-new stainless steel appliances, stylish lighting, and abundant counter space make this kitchen as functional as it is beautiful. The bathroom offers a clean, well-maintained space with an opportunity to personalize over time, allowing the next owner to add value while enjoying an already updated home. South Commons is known for its beautifully maintained grounds and exceptional amenities, including two outdoor swimming pools, expansive green space, on-site management and engineering staff, secure building access, additional storage, laundry facilities, and parking available for rent. HOA assessments include heat, water, and gas. You'll enjoy easy access to the lakefront, 31st Street Beach, Dunbar Park, the Illinois Institute of Technology, McCormick Place, the Museum Campus, public transportation, major expressways, and everything the neighboring communities have to offer. Whether you're a first-time buyer, student, medical professional, or someone looking for a home close to downtown, this beautifully updated condo offers the perfect combination of location, lifestyle, and value. Don't miss your opportunity to own one of the best updated studios in South Commons.
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FeaturesGeneralLiving Area 500
Sewer Public Sewer
Heating Radiant
Cooling Wall Unit(s)
Possession Closing
Appliances Range Microwave Dishwasher Refrigerator Stainless Steel Appliance(s)
HOA Fee 423
Association Fee Includes Heat Water Gas Insurance Security Pool Exterior Maintenance Lawn Care Scavenger
Construction Materials Brick
Pets Allowed Cats OK
Year Built 1971
Township South Chicago
Unit Number 903
Tax Year 2024
Ownership Condo
Assoc Fee Paid Per Monthly
County Cook
New Construction N
Property Type Residential Attached Single
Association Amenities Coin Laundry Elevator in Residence Storage On Site Manager/Engineer Pool Receiving Room Security Door Lock(s)
Subdivision Name South Commons
Total Rooms 2
Full Baths 1
Status New
Directions E 31st to S Indiana Ave to Unit
City Chicago
High School District 299
MLS Area CHI - Douglas
Tax Annual Amount 1533.3
Additional Parcels Y/N N
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
Sub Type Condo Studio
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InteriorInterior Amenities Open Floorplan
Basement None
Flooring Laminate
Total Fireplaces 0
Total Stories 20
Half Baths 0
Laundry Features Common Area
Total Bedrooms 0
Room Type No additional rooms
Total Baths 1
Bedrooms Possible 0
Total Number of Units 200
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ExteriorLot Features Landscaped
Water Source Public
Total Parking 0
Foundation Details Concrete Perimeter
Lot Dimensions COMMON
Waterfront Y/N N
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* Excluded FeaturesList ByRealty Executives EliteBroker
eric@therealestateshark.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $725
- Monthly Property Taxes
- $128
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% 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 $629,725
Percent of Sale Price 448%
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 |
|---|
| 6/30/2026 | $114,900 | | Listed Price |