2901 S Michigan Avenue # 505 Chicago, IL $ 155,000
2901 S Michigan Avenue # 505
$ 155,000
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2901 S Michigan Avenue # 505

Chicago, IL, 60616
$ 155,000
Bedrooms1 Baths1.0 Sq 790

Monthly Estimate*

$ 954

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Condo for sale in Chicago, IL

for $155,000 with 1 bedroom and 1 full bath. This 790 square foot condo was built in 1969.

Welcome home! Stunning views are the drawl in this spacious 1-bedroom, 1-bath corner unit, filled with natural light and finished with luxury flooring throughout. Floor-to-ceiling windows showcase beautiful views and lead to a private balcony overlooking the pool-perfect for relaxing and entertaining. Your traditional kitchen is designed for efficiency and effectiveness. Smart floor plan allows for the chef(s) of the home to move seamlessly prepping and cooking while still interacting with family and guest. White and wood cabinetry, granite countertops, clean and cared for stainless steal appliances come standard. Additional highlights include dishwasher, and contemporary LED ceiling fixtures. The generously sized bedroom comfortably fits a king-size bed and includes a custom closet with sliding mirrored doors. The bathroom offers a spa-like retreat with floor-to-ceiling porcelain tile, custom mirrors, and a soaking tub. Additional upgrades include solid wood interior doors and two updated A/C units that provide both heating and cooling. Ideally located near South Loop shopping and dining, McCormick Place, the lakefront and beaches, Guaranteed Rate Field (White Sox Park), IIT campus, hospitals, and major expressways including Lake Shore Drive. Public transportation is just steps from your door, with easy access to Downtown Chicago. The building is adjacent to Dunbar Park, featuring a running track, tennis and basketball courts, and a playground. Low monthly assessments include heat, gas, water, pool access, secure package delivery room, additional storage, 24-hour security and maintenance, and beautifully maintained landscaping. Parking is available for a monthly fee through the management office.

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Condo Active

Price

$ 155,000

Bedrooms

1

Full Bath

1

Property Type

Condo

Taxes

$ 2,398

Style

Condo

Year Built

1969

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12604870

Features
General
Living Area 790
Sewer Public Sewer
Heating Natural Gas Forced Air Radiant Floor
Cooling Wall Unit(s) Electric
Possession Immediate
Roof Rubber
Appliances Range Microwave Dishwasher High End Refrigerator Bar Fridge Freezer Stainless Steel Appliance(s) Wine Refrigerator
HOA Fee 661
Garage Spaces 0
Association Fee Includes Heat Water Gas Security Pool Exterior Maintenance Lawn Care Scavenger Snow Removal
Construction Materials Concrete
Pets Allowed Cats OK
Year Built 1969
Electric Circuit Breakers Fuses
Township South Chicago
Unit Number 505
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(s) Storage On Site Manager/Engineer Party Room Pool Security
Subdivision Name South Commons
Other Structures Storage
Total Rooms 4
Full Baths 1
Status Active
Directions 31st St to Indiana North to Property. Building access is on Indiana
City Chicago
High School District 299
MLS Area CHI - Douglas
Tax Annual Amount 2398.77
Additional Parcels Y/N N
Virtual Tour https://www.zillow.com/view-imx/eb424a01-21f2-42fc-b659-babdc76d2cb7?wl=true&setAttribution=mls&initialViewType=pano
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
Sub Type Condo
Leasehold Rent $/Mo 110
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Interior
Interior Amenities Dry Bar Storage
Basement None
Total Stories 20
Half Baths 0
Laundry Features Common Area
Total Bedrooms 1
Room Type Foyer Balcony/Porch/Lanai
Total Baths 1
Bedrooms Possible 1
Bathroom Full Body Spray Shower Soaking Tub
Total Number of Units 200
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Exterior
Exterior Amenities Balcony Dog Run
Parking Features Garage Yes Leased Detached Assigned Parking Lot Storage
Water Source Lake Michigan
Total Parking 0
Lot Dimensions COMMON
Waterfront Y/N N
Other Equipment CO Detectors
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* Excluded Features
List By
Berkshire Hathaway Homeservices Chicago

Broker

kharding@bhhschicago.com

Email

Affordability Calculator

$1,154
Per Month
83%
17%
0%
Monthly Principal & Interest
$954
Monthly Property Taxes
$200
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.
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Nearby
566059 Elementary School
566846 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/31/2026$155,000 Listed Price

Map


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2901 S Michigan Avenue # 505, Chicago, IL, 60616 is a Condo for sale at $155,000 with 790 sqft. 2901 S Michigan Avenue # 505 has 1 bedrooms, 1.0 baths, and was built in 1969. The property's zip code is 60616 which is in Chicago, IL