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$149,900
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Property Description
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.
Full Property Details
Full Property Details for 2901 S Michigan Ave #505
General
- Price: $149,900
- HOA FEE: $661/month
- Taxes: $2,398 (2024)
- Status: Active
- Type: Condo
- Source: MRED
- MLS ID: 12641083
- Updated: 5/12/2026
- Added to Site: 8 day(s) ago
Interior
- Basement: None
- Interior Features: Dry Bar, Storage
- Appliances: Range, Microwave, Dishwasher, High-End Refrigerator, Bar Fridge, Freezer, Stainless Steel Appliance(s), Wine Refrigerator
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
- Bathroom Features: Full Body Spray Shower, Soaking Tub
Bedrooms
- Total Bedrooms: 1
Additional Information
- Shared Amenities: Coin Laundry, Elevator in Residence, Storage, On-Site Manager/Engineer, Party Room, Pool, Elevator(s), Security
- Equipment: Carbon Monoxide Detectors
- Other Features: Non-Smoking Building
Exterior
- Exterior Features: Balcony, Dog Run
Parking
- Garage: Yes
- Parking Features: Garage, Yes, Leased, Detached, Assigned, Parking Lot, Storage
Location
- Area: CHI - Douglas
- County: Cook
- Township: South Chicago
- Subdivision: South Commons
- Driving Directions: 31st St to Indiana, North to Property. Building access is on Indiana
School Information
- School District: 299
- Elem School District: 299
- Midd School District: 299
- High School District: 299
Community
- Assoc. Fees Include: Heat, Water, Gas, Security, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
- Pets Allowed: Yes
- Pets: Cats OK
- Pet Restrictions: Cats OK
- Mgmt. Company: The Building Group
Heating & Cooling
- Cooling Type: Wall Unit(s), Electric
- Heating Type: Natural Gas, Forced Air, Radiant Floor
Utilities
- Sewer: Public Sewer
- Water: Lake Michigan
Structural Information
- Structure Type: Condo
- Construction: Concrete
- Exterior Const.: Concrete
- Basement Desc.: None
- Roof: Rubber
- Common Walls: End Unit
- Entry Floor Number: 6
- Stories/Levels: 20
- Square Feet: 790
- Sq. Ft. Source: Other
- Year Built: 1969
- Built Before 1978: Yes
- Remodeled/Updated: 2021
Unit Information
- Units in Building: 200
Additional Structures
- Other Structures: Storage
Lot Features
- Lot Dimensions: COMMON
Animals
- Animals Allowed: Cats OK
Water Features
- Water View: Yes
- Water Front View: Side(s) of Property
Financial Considerations
- Lease Price: $110
- Association Fee: $661
- Assoc Fee Freq.: Monthly
- Assessment Year: 1969
- Tax Amount: $2,398.77
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Condo
- Property ID: 17273100931171
Listed by Berkshire Hathaway HomeServices Chicago
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Schools
Schools serving 2901 S Michigan Ave #505
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Drake Elementary School 2710 South Dearborn Street, Chicago, IL 60616 | PK-8 | 0.3 mi |
Phillips Academy High School 244 East Pershing Road, Chicago, IL 60653 | 12-11 | 1.2 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 #505
Date
Details
Price
Change
Source
5/06/2026
Listed
$149,900
—
MLS
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
Tax History for 2901 S Michigan Ave #505
Year
Property Taxes
Change
Tax Assessment
Change
2023
$2,058
—
$11,896
22%
2023
$2,058
3%
$9,723
—
2022
$2,006
2%
$9,723
—
2021
$1,961
41%
$9,723
56%
2020
$1,388
1%
$6,229
-9%
2019
$1,377
2%
$6,853
—
2018
$1,354
30%
$6,853
41%
2017
$1,044
8%
$4,850
—
2016
$971
9%
$4,850
—
2015
$889
26%
$4,850
28%
2014
$704
2%
$3,792
—
2013
$690
-12%
$3,792
-13%
2012
$780
—
$4,347
—
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 2901 S Michigan Ave #505
2901 S Michigan Avenue #505, Chicago, IL 60616 (MLS# 12641083) is a Condo property with 1 bedroom and 1 full bathroom. 2901 S Michigan Avenue #505 is currently listed for $149,900 and was received on May 06, 2026. Want to learn more about 2901 S Michigan Avenue #505? 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.

