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$595,000
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Property Description
Welcome to this beautifully maintained 2-bedroom, 2-bath condo in The Commonwealth on Prairie, offering nearly 1,700 square feet of single-level living overlooking a professionally landscaped courtyard. The open floor plan features 10-foot ceilings, hardwood floors throughout, and an expansive living and dining area with a fireplace and custom plantation shutters. The spacious kitchen is appointed with stainless steel appliances, granite countertops, a breakfast bar, and a pantry, providing plenty of storage and workspace. Just off the kitchen, enjoy a private covered 7' x 18' patio, perfect for grilling, entertaining, or relaxing. Both bedrooms are generously sized with walk-in closets. The primary suite offers a large walk-in closet and a spa-like bath featuring a double vanity, separate walk-in shower, and soaking tub. Additional highlights include an in-unit washer and dryer and an attached one-car garage. Ideally located in the heart of the South Loop, this home is just minutes from the lakefront, parks, Soldier Field, Museum Campus, Obama Presidential Library an easy commute with public transportation, shopping, and an outstanding selection of restaurants. A rare opportunity to enjoy spacious, move-in-ready living in one of the neighborhood's most desirable buildings. This unit can be rented.
Full Property Details
Full Property Details for 1942 S Prairie St #2
General
- Price: $595,000
- HOA FEE: $381/month
- Taxes: $10,362 (2024)
- Status: Active
- Type: Condo
- Source: MRED
- MLS ID: 12723182
- Updated: 8/20/2026
- Added to Site: 18 day(s) ago
Interior
- Basement: None
- Fireplace: Yes
- Number of Fireplaces: 1
- Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
- Flooring: Hardwood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Bathroom Features: Separate Shower, Double Sink, Soaking Tub
Bedrooms
- Total Bedrooms: 2
Exterior
- Exterior Features: Balcony
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 1
- Total Spaces: 1
- Parking Features: Garage Door Opener, Yes, Garage Owned, Attached, Garage
Location
- Area: CHI - Near South Side
- County: Cook
- Township: South Chicago
- Subdivision: Commonwealth
- Driving Directions: MICHIGAN AVE TO CULLERTON, EAST TO PRAIRIE
School Information
- School District: 299
- Elem School District: 299
- Midd School District: 299
- High School District: 299
Community
- Assoc. Fees Include: Water, Insurance, Lawn Care, Scavenger, Snow Removal
- Pets Allowed: Yes
- Pets: Cats OK, Dogs OK
- Pet Restrictions: Cats OK, Dogs OK, / 999lbs.
- Mgmt. Company: PHOENIX RISING
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Natural Gas, Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Structure Type: Condo
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: None
- Sub-Flooring: Hardwood
- Entry Floor Number: 2
- Stories/Levels: 1
- Square Feet: 1,686
- Sq. Ft. Source: Estimated
- Year Built: 2001
Unit Information
- Units in Building: 9
Lot Features
- Lot Dimensions: COMMON
Animals
- Animals Allowed: Cats OK, Dogs OK
Financial Considerations
- Association Fee: $381
- Assoc Fee Freq.: Monthly
- Parking Included: Yes
- Assessment Year: 2001
- Tax Amount: $10,362.72
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Condo
- Property ID: 17223080511002
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Schools
Schools serving 1942 S Prairie St #2
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
National Teachers Elementary Academy 55 West Cermak Road, Chicago, IL 60616 | PK-8 | 0.5 mi |
Phillips Academy High School 244 East Pershing Road, Chicago, IL 60653 | 12-11 | 2.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Tax History
Tax History for 1942 S Prairie St #2
Year
Property Taxes
Change
Tax Assessment
Change
2023
$10,889
—
$51,401
—
2023
$10,889
3%
$51,439
—
2022
$10,613
2%
$51,439
—
2021
$10,375
-5%
$51,439
5%
2020
$10,915
2%
$48,997
-8%
2019
$10,718
-2%
$53,349
-4%
2018
$10,976
24%
$55,566
35%
2017
$8,865
7%
$41,182
—
2016
$8,248
17%
$41,182
—
2015
$7,066
36%
$41,182
35%
2014
$5,183
2%
$30,504
—
2013
$5,070
1%
$30,504
—
2012
$5,026
—
$30,504
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1942 S Prairie St #2
1942 S Prairie Street #2, Chicago, IL 60616 (MLS# 12723182) is a Condo property with 2 bedrooms and 2 full bathrooms. 1942 S Prairie Street #2 is currently listed for $595,000 and was received on August 03, 2026. Want to learn more about 1942 S Prairie Street #2? Do you have questions about finding other Condo real estate for sale in Near South Side? You can browse all Near South Side real estate or contact a Coldwell Banker agent to request more information.

