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$114,900
Property Description
Welcome home to this beautifully updated 9th-floor studio in the highly desirable South Commons community, where modern updates, incredible natural light, and sweeping south-facing views of Rate Field come together in one move-in-ready package. Step inside to discover a bright, open living space featuring brand-new luxury vinyl plank flooring, fresh paint throughout, and oversized windows that fill the home with natural light while showcasing views of Rate Field. Whether you're enjoying your morning coffee or watching the lights over the ballpark in the evening, the view is one you'll never get tired of. The completely renovated kitchen is the centerpiece of the home, thoughtfully redesigned with an open-concept layout that creates a spacious feel rarely found in studio living. Beautiful white cabinetry, sleek quartz countertops, brand-new stainless steel appliances, stylish lighting, and abundant counter space make this kitchen as functional as it is beautiful. The bathroom offers a clean, well-maintained space with an opportunity to personalize over time, allowing the next owner to add value while enjoying an already updated home. South Commons is known for its beautifully maintained grounds and exceptional amenities, including two outdoor swimming pools, expansive green space, on-site management and engineering staff, secure building access, additional storage, laundry facilities, and parking available for rent. HOA assessments include heat, water, and gas. You'll enjoy easy access to the lakefront, 31st Street Beach, Dunbar Park, the Illinois Institute of Technology, McCormick Place, the Museum Campus, public transportation, major expressways, and everything the neighboring communities have to offer. Whether you're a first-time buyer, student, medical professional, or someone looking for a home close to downtown, this beautifully updated condo offers the perfect combination of location, lifestyle, and value. Don't miss your opportunity to own one of the best updated studios in South Commons.
Full Property Details
Full Property Details for 2901 S Michigan Ave #903
General
- Price: $114,900
- HOA FEE: $423/month
- Taxes: $1,533 (2024)
- Status: Active
- Type: Condo
- Source: MRED
- MLS ID: 12690540
Interior
- Basement: None
- Interior Features: Open Floorplan
- Appliances: Range, Microwave, Dishwasher, Refrigerator, Stainless Steel Appliance(s)
- Flooring: Laminate
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Additional Information
- Shared Amenities: Coin Laundry, Elevator in Residence, Storage, On-Site Manager/Engineer, Pool, Receiving Room, Security Door Lock(s)
- Other Features: Commuter Bus, Interstate Access
Location
- Area: CHI - Douglas
- County: Cook
- Township: South Chicago
- Subdivision: South Commons
- Driving Directions: E 31st to S Indiana Ave to Unit
School Information
- School District: 299
- Elem School District: 299
- Midd School District: 299
- High School District: 299
Community
- Assoc. Fees Include: Heat, Water, Gas, Insurance, Security, Pool, Exterior Maintenance, Lawn Care, Scavenger
- Pets Allowed: Yes
- Pets: Cats OK
- Pet Restrictions: Cats OK, / 50lbs.
- Mgmt. Company: The Building Group
Heating & Cooling
- Cooling Type: Wall Unit(s)
- Heating Type: Radiant
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Structure Type: Condo, Studio
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: None
- Foundation: Concrete Perimeter
- Sub-Flooring: Laminate
- Entry Floor Number: 9
- Stories/Levels: 20
- Square Feet: 500
- Sq. Ft. Source: Assessor
- Year Built: 1971
- Built Before 1978: Yes
- Remodeled/Updated: 2025
Unit Information
- Units in Building: 200
Lot Features
- Lot Dimensions: COMMON
- Lot Features: Landscaped
Animals
- Animals Allowed: Cats OK
Financial Considerations
- Association Fee: $423
- Assoc Fee Freq.: Monthly
- Assessment Year: 1971
- Tax Amount: $1,533.3
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Condo
- Property ID: 17273100931209
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Schools
Schools serving 2901 S Michigan Ave #903
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.
Tax History
Tax History for 2901 S Michigan Ave #903
Year
Property Taxes
Change
Tax Assessment
Change
2023
$1,316
—
$7,604
22%
2023
$1,316
128%
$6,215
—
2022
$577
-1%
$6,215
—
2021
$582
197%
$6,215
56%
2020
$196
3%
$3,982
-9%
2019
$191
2%
$4,381
—
2018
$187
183%
$4,381
41%
2017
$66
-45%
$3,100
—
2016
$121
39%
$3,100
—
2015
$87
-81%
$3,100
28%
2014
$450
2%
$2,424
—
2013
$441
765%
$2,424
-13%
2012
$51
—
$2,779
—
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 #903
2901 S Michigan Avenue #903, Chicago, IL 60616 (MLS# 12690540) is a Condo property with 0 bedrooms and 1 full bathroom. 2901 S Michigan Avenue #903 is currently listed for $114,900 and was received on June 29, 2026. Want to learn more about 2901 S Michigan Avenue #903? 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.
