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$125,000 Just Listed

  • For Sale
  • Active
  • Condo / Townhouse
  • 1 Full Bath
  • 440 Sq. Ft.
  • Updated 3 days ago
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Studio apartment with an amazing view. Nice size balcony. Everything has been remodeled. New stainless-steel appliances with 1 year manufacturer warranty. Minutes from downtown, steps away from public transportation, White Sox park, Marcy Hospital or Expressway. No rentals per HOA except for hardship situations. Parking available - need to enroll into waitlist.

Full Property Details for 2901 S Michigan Ave #506

General

  • Price: $125,000
  • HOA FEE: $384/month
  • Taxes: $1,396 (2024)
  • Status: Active
  • Type: Condo /Townhouse
  • Source: MRED
  • MLS ID: 12651479
  • Updated: 5/18/2026
  • Added to Site: 3 day(s) ago

Interior

  • Basement: None
  • Appliances: Range, Range Hood

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1

Additional Information

  • Shared Amenities: Coin Laundry, Elevator in Residence, Exercise Room, Storage, On-Site Manager/Engineer, Pool, Security Door Lock(s)

Parking

  • Parking Features: Yes, Leased

Location

  • Area: CHI - Douglas
  • County: Cook
  • Township: South Chicago
  • Driving Directions: Turn east/west onto 31st Street. Turn right/left on Indiana north to building

School Information

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

Community

  • Assoc. Fees Include: Heat, Air Conditioning, Water, Gas, Insurance, Security, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Pets Allowed: Yes
  • Pets: Cats OK, Dogs OK
  • Pet Restrictions: Cats OK, Dogs OK, / 50lbs.
  • Mgmt. Company: The Building Group, Inc

Heating & Cooling

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

Utilities

  • Sewer: Public Sewer
  • Water: Lake Michigan

Structural Information

  • Structure Type: Studio
  • Construction: Brick, Concrete
  • Exterior Const.: Brick, Concrete
  • Basement Desc.: None
  • Entry Floor Number: 6
  • Stories/Levels: 20
  • Square Feet: 440
  • Sq. Ft. Source: Landlord/Tenant/Seller
  • Year Built: 1971
  • Built Before 1978: Yes

Unit Information

  • Units in Building: 200

Lot Features

  • Lot Dimensions: common

Animals

  • Animals Allowed: Cats OK, Dogs OK

Financial Considerations

  • Association Fee: $384
  • Assoc Fee Freq.: Monthly
  • Assessment Year: 1971
  • Tax Amount: $1,396
  • Tax Year: 2024
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Condo
  • Property ID: 17273100931172

Listed by Magiera City LLC

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Listing agent

— 2901 S Michigan Ave #506 —

  • Magiera City LLC

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NMLS#: 1598647

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Be ready to buy your new home!

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NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

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

Schools serving 2901 S Michigan Ave #506

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 #506 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/18/2026
Listed
$125,000
47.06%
MLS
7/12/2023
Sold
$85,000
—
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 #506

Year
Property Taxes
Change
Tax Assessment
Change
2023
$1,198
3%
$5,661
—
2022
$1,168
2%
$5,661
—
2021
$1,142
41%
$5,661
56%
2020
$808
1%
$3,627
-9%
2019
$802
2%
$3,991
—
2018
$788
30%
$3,991
41%
2017
$608
8%
$2,823
—
2016
$565
9%
$2,823
—
2015
$517
26%
$2,823
28%
2014
$410
2%
$2,207
—
2013
$401
-12%
$2,207
-13%
2012
$454
—
$2,530
—
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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Listed by Magiera City LLC

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2901 S Michigan Avenue #506, Chicago, IL 60616 (MLS# 12651479) is a Condo / Townhouse property with 0 bedrooms and 1 full bathroom. 2901 S Michigan Avenue #506 is currently listed for $125,000 and was received on May 18, 2026. Want to learn more about 2901 S Michigan Avenue #506? Do you have questions about finding other Condo / Townhouse 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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