3001 S Michigan Avenue # 2406
Chicago, IL, 60616 $ 135,000
Baths1.0 Sq 513 Monthly Estimate*
$ 852
Studio for $135,000 with 1 full bath. This 513 square foot condo was built in 1972.
One-of-a-kind penthouse studio condo featuring breathtaking, 180 degrees of unobstructed South, West, and Northwestern views from your private 18-foot balcony. Just take a look at the photos and video! As the only unit in the building with this spectacular 24th-floor vantage point, it offers an unbeatable combination of value, convenience, and location. The Space & Amenities Interior Features Include floor to ceiling windows, an 18' balcony, an enormous walk-in closet, with shelving, an additional hallway closet, a full bathroom with bathtub, and a kitchen with ample cabinet space featuring a convenient passthrough. The low HOA covers: 2 inground pools, heat, cooking gas, water, dedicated extra storage, on-premises laundry, 24-hour security, an on-site manager/engineer, and exterior maintenance. Low taxes and no special assessments! While there is plenty of street parking, you also have the option to lease an on-site outdoor or covered parking directly from the management. The location is unbeatable. Right across the street to the East is Dunbar Park, offering a running track, tennis courts, ball fields, and playgrounds. You are also just minutes away from the beautiful lakefront and 31st Street Beach Guaranteed Rate Field (Comiskey Park), IIT and VanderCook campuses , Chicago's Loop, McCormick Place, WinTrust Arena ( Home of WNBA's Chicago Sky) , Museum Campus, Insight Hospital , shopping, fitness and vibrant neighborhoods such as Bronzeville, Bridgeport, and Chinatown Easy Commuting: Steps from the the #1 or #4 bus lines right on Michigan Ave. Nearby CTA Green and Red lines, Metra stops, and I- 90 & I- 94 . Don't miss out on this incredible opportunity to enjoy storybook sunsets every single night! A sensational opportunity for owner-occupants, students, medical professionals, 2nd home, or out of towners tired of staying in hotels and in need of a prime Chicago location.
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FeaturesGeneralLiving Area 513
Sewer Public Sewer
Heating Natural Gas
Cooling Window Unit(s)
Possession Closing
HOA Fee 383
Association Fee Includes Heat Water Gas Security Pool Exterior Maintenance Lawn Care Scavenger Snow Removal Other
Construction Materials Stone
Pets Allowed Cats OK
Year Built 1972
Township South Chicago
Unit Number 2406
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 Pool Receiving Room Security Door Lock(s) Laundry Elevator(s) Fencing In Ground Pool Intercom Public Bus Priv
Subdivision Name South Commons
Total Rooms 1
Full Baths 1
Status New
Directions LSD to 31st (W) to Indiana to address.
City Chicago
High School District 299
MLS Area CHI - Douglas
Tax Annual Amount 726.46
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
Sub Type Condo Studio Penthouse
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InteriorInterior Amenities Elevator 1st Floor Full Bath Storage Walk-In Closet(s) High Ceilings Lobby
Basement None
Flooring Laminate
Total Stories 24
Half Baths 0
Laundry Features Common Area
Total Bedrooms 0
Room Type Balcony/Porch/Lanai
Total Baths 1
Bedrooms Possible 0
Total Number of Units 207
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ExteriorExterior Amenities Balcony
Water Source Lake Michigan
Total Parking 0
Lot Dimensions COMMON
Waterfront Y/N N
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* Excluded FeaturesList ByPearson Realty GroupBroker
reddoorlistings@gmail.com;joanne@pearsonrealtygroup.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $852
- Monthly Property Taxes
- $61
- 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 366%
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 |
|---|
| 7/1/2026 | $135,000 | | Listed Price |