ActivePrice Reduced

$119,900

$127,500
3001 Michigan Avenue, Chicago, IL 60616
0 Beds1 Baths0 sqft60 days
3001 Michigan Avenue·Chicago, IL 60616
0Bedrooms
1Bathrooms
0Sq Ft
1972Year Built
About This Home

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! The only unit in this building offering a spectacular 24th-floor vantage point, with an unbeatable combination of value, convenience, and location. The Space & Amenities Interior Features Include floor to ceiling windows, an 18' private balcony, 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.

MLS# 12727710Listed August 7, 2026ResidentialSubdivision: South Commons
Property Details

Beds & Baths

Total Bedrooms0
Total Bathrooms1
Full Baths1
Half Baths0
Total Rooms2

Size & Structure

Living Area0 sqft
Stories24
Year Built1972
Lot SizeCOMMON

Location

CountyCook
TownshipSouth Chicago
SubdivisionSouth Commons
Zip Code60616

Financial

List Price$119,900
Original Price$127,500
Annual Taxes (2024)$726
Monthly Tax Est.$61
Parcel #17273100931676
Interior Features

Flooring

Laminate

Heating

Natural Gas

Cooling

Window Unit(s)

Basement

None

Laundry

Common Area
Exterior & Lot

Construction

Stone

Exterior Features

Balcony
Utilities & Parking

Sewer

Public Sewer

Water Source

Lake Michigan
HOA & Community
HOA Fee
$383
Monthly

HOA Includes

HeatWaterGasSecurityPoolExterior MaintenanceLawn CareScavengerSnow RemovalOther

Association Amenities

Bike Room/Bike TrailsCoin LaundryElevator in ResidenceStorageOn Site Manager/EngineerPoolReceiving RoomSecurity Door Lock(s)LaundryElevator(s)FencingIn Ground PoolIntercomPublic BusPrivate Inground PoolSecuritySecurity Lighting
Tax & Financial
Annual Taxes
$726
Tax Year 2024
Monthly Tax Est.
$61
per month
Price Reduced by $7,600
Original list price: $127,500
Property Location

3001 Michigan Avenue, Chicago, IL 60616 — Cook County

$119,900
3001 Michigan Avenue
0 bd1 ba0 sqft
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
60 days on market
COMMON
$726/yr taxes
$383 HOA (monthly)
Price reduced $7,600
$1,074
estimated monthly payment
Principal & Interest
$630/mo
Property Tax
$61/mo
HOA
$383/mo
$119,900
20% — $23,980
3%50%
6.875%
3%12%
Loan Amount
$95,920
Down Payment
$23,980

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
Pearson Realty Group
Agent: Joanne Spyridakos
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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