2901 S Michigan Avenue # 308
Chicago, IL, 60616 $ 104,900
Bedrooms1 Baths1.0 Sq 650 Monthly Estimate*
$ 725
for $104,900 with 1 bedroom and 1 full bath. This condo is 650 square feet.
Minutes from the lake in one of the Near South Side's most convenient communities! This bright, updated studio on the 3rd floor of South Commons gives you approximately 650 sq ft to make your own, with heat, water, and cooking gas included in the monthly assessment. An updated kitchen, updated bathroom, and new flooring mean there is nothing to do but move in. A window A/C unit keeps you cool in summer. The building sits directly across from 21-acre Dunbar Park, with a running track, tennis courts, and ball fields. Head to 31st Street Beach and the Lakefront Trail in minutes, or reach IIT, McCormick Place, Wintrust Arena, Guaranteed Rate Field, the South Loop, and the Loop without a long commute. The CTA Green Line (35th-Bronzeville-IIT), Red Line (Sox-35th), Metra (35th St-Lou Jones), Michigan Ave buses, I-90/94, and I-55 are all close by, and Mariano's and Jewel-Osco are around the corner. The building adds everyday comfort with an outdoor pool, 24-hour security, on-site management and engineering, a package room, card-operated laundry, and a storage locker. Parking can be rented through the association (waitlist currently). Rentals are not permitted. Come see it today!
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FeaturesGeneralLiving Area 650
Sewer Public Sewer
Heating Electric
Cooling Window Unit(s)
Possession Closing
HOA Fee 381
Association Fee Includes Heat Water Gas Doorman Pool Exterior Maintenance Lawn Care Scavenger Snow Removal
Construction Materials Concrete
Pets Allowed Cats OK
Township Hyde Park
Unit Number 308
Tax Year 2025
Ownership Condo
Assoc Fee Paid Per Monthly
County Cook
New Construction N
Property Type Residential Attached Single
Association Amenities Bike Room/Bike Trails Door Person Coin Laundry Elevator in Residence Storage On Site Manager/Engineer Park Pool
Total Rooms 4
Full Baths 1
Status New
Directions From 31st St. and King Dr. west on 31st St. to Indiana Ave. then immediate right turn (northbound) onto Indiana Ave. to 2901
City Chicago
High School District 299
MLS Area CHI - Douglas
Tax Annual Amount 1609.95
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
Sub Type Condo
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InteriorBasement None
Total Stories 1
Half Baths 0
Total Bedrooms 1
Room Type No additional rooms
Total Baths 1
Bedrooms Possible 1
Total Number of Units 200
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ExteriorWater Source Lake Michigan Public
Total Parking 0
Lot Dimensions Common
Waterfront Y/N N
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* Excluded FeaturesList ByRealty Of America, LlcBroker
andresprince@torresprince.netEmail
Affordability Calculator
- Monthly Principal & Interest
- $725
- Monthly Property Taxes
- $134
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% 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.
Learn more about how to save NearbyCondo listings in Chicago, IL
Average List Price $633,177
Percent of Sale Price 504%
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 |
|---|
| 10/8/2026 | $104,900 | | Listed Price |