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$104,900 Just Listed

  • For Sale
  • Active
  • Condo
  • 1 Bed
  • 1 Full Bath
  • 650 Sq. Ft.
  • Updated 19 hours ago

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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!

Full Property Details for 2901 S Michigan Ave #308

General

  • Price: $104,900
  • HOA FEE: $381/month
  • Taxes: $1,609 (2025)
  • Status: Active
  • Type: Condo
  • Source: MRED
  • MLS ID: 12780609
  • Updated: 10/8/2026
  • Added to Site: 1 day(s) ago

Interior

  • Basement: None

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1

Bedrooms

  • Total Bedrooms: 1

Additional Information

  • Shared Amenities: Bike Room/Bike Trails, Door Person, Coin Laundry, Elevator in Residence, Storage, On-Site Manager/Engineer, Park, Pool

Location

  • Area: CHI - Douglas
  • County: Cook
  • Township: Hyde Park
  • Driving Directions: From 31st St. and King Dr., west on 31st St. to Indiana Ave. then immediate right turn (northbound) onto Indiana Ave. to 2901

School Information

  • School District: 299
  • Elem School District: 299
  • Midd School District: 299
  • High School District: 299

Community

  • Assoc. Fees Include: Heat, Water, Gas, Doorman, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Pets Allowed: Yes
  • Pets: Cats OK
  • Pet Restrictions: Cats OK
  • Mgmt. Company: South Commons Condo Association

Heating & Cooling

  • Cooling Type: Window Unit(s)
  • Heating Type: Electric

Utilities

  • Sewer: Public Sewer
  • Water: Lake Michigan, Public

Structural Information

  • Structure Type: Condo
  • Construction: Concrete
  • Exterior Const.: Concrete
  • Basement Desc.: None
  • Entry Floor Number: 3
  • Stories/Levels: 1
  • Square Feet: 650
  • Sq. Ft. Source: Estimated
  • Built Before 1978: Yes
  • Remodeled/Updated: 2024

Unit Information

  • Units in Building: 200

Lot Features

  • Lot Dimensions: Common

Animals

  • Animals Allowed: Cats OK

Financial Considerations

  • Association Fee: $381
  • Assoc Fee Freq.: Monthly
  • Tax Amount: $1,609.95
  • Tax Year: 2025
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Condo
  • Property ID: 17273100931154

Listed by Realty of America, LLC

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— 2901 S Michigan Ave #308 —

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 2901 S Michigan Ave #308

School District:Chicago Public School District 299
NameGradesDistance
Drake Elementary School
2710 South Dearborn Street, Chicago, IL 60616
PK-80.3 mi
Phillips Academy High School
244 East Pershing Road, Chicago, IL 60653
12-111.2 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 2901 S Michigan Ave #308 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/08/2026
Listed
$104,900
74.83%
MLS
1/24/2022
Sold
$60,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 2901 S Michigan Ave #308

Year
Property Taxes
Change
Tax Assessment
Change
2023
$1,337
—
$7,725
22%
2023
$1,337
3%
$6,314
—
2022
$1,303
2%
$6,314
—
2021
$1,273
41%
$6,314
56%
2020
$901
1%
$4,045
-9%
2019
$894
2%
$4,450
—
2018
$879
30%
$4,450
41%
2017
$678
7%
$3,150
—
2016
$631
9%
$3,150
—
2015
$577
26%
$3,150
28%
2014
$457
2%
$2,463
—
2013
$448
-12%
$2,463
-13%
2012
$507
—
$2,823
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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2901 S Michigan Avenue #308, Chicago, IL 60616 (MLS# 12780609) is a Condo property with 1 bedroom and 1 full bathroom. 2901 S Michigan Avenue #308 is currently listed for $104,900 and was received on October 08, 2026. Want to learn more about 2901 S Michigan Avenue #308? Do you have questions about finding other Condo real estate for sale in Douglas? You can browse all Douglas real estate or contact a Coldwell Banker agent to request more information.

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