Charming studio condo in the beautiful and historic **Douglas** neighborhood-just steps from the **lakefront, downtown access, parks, public transit, and some of Chicago's best restaurants**. This bright and efficient space offers great natural light and a flexible layout, with **minor cosmetic updates needed** to make it truly shine. Perfect for first-time buyers, investors, or anyone looking for an affordable home in a highly desirable location. Enjoy convenience, walkability, and unbeatable proximity to the city-all at an incredible value!
New
$99,000
2921 S Michigan Ave APT 516, Chicago, IL 60616
0beds
700sqft
Est.:
Condominium, Apartment, Single Family Residence
Built in 1978
-- sqft lot
$107,800 Zestimate®
$141/sqft
$400/mo HOA
What's special
Great natural lightFlexible layoutBright and efficient space
- 2 days |
- 128 |
- 8 |
Likely to sell faster than
Zillow last checked: 8 hours ago
Listing updated: December 12, 2025 at 12:01am
Listing courtesy of:
Pamela Brown 312-242-1000,
Baird & Warner
Source: MRED as distributed by MLS GRID,MLS#: 12530828
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 0
- Bathrooms: 1
- Full bathrooms: 1
Rooms
- Room types: No additional rooms
Dining room
- Level: Main
- Dimensions: COMBO
Kitchen
- Level: Main
- Area: 88 Square Feet
- Dimensions: 8X11
Laundry
- Level: Basement
- Area: 121 Square Feet
- Dimensions: 11X11
Living room
- Level: Main
- Area: 180 Square Feet
- Dimensions: 12X15
Heating
- Natural Gas
Cooling
- Window Unit(s)
Appliances
- Laundry: Common Area
Features
- Basement: None
Interior area
- Total structure area: 0
- Total interior livable area: 700 sqft
Property
Parking
- Total spaces: 1
Accessibility
- Accessibility features: Hall Width 36 Inches or More, Accessible Elevator Installed, Disability Access
Details
- Parcel number: 17273100931135
- Special conditions: None
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium, Apartment, Single Family Residence
Materials
- Brick
Condition
- New construction: No
- Year built: 1978
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: Yes
- Services included: Water, Security, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
- HOA fee: $400 monthly
Location
- Region: Chicago
Financial & listing details
- Price per square foot: $141/sqft
- Tax assessed value: $61,540
- Annual tax amount: $1,303
- Date on market: 12/11/2025
- Ownership: Condo
Estimated market value
$107,800
$92,000 - $123,000
$1,334/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/11/2025 | Listed for sale | $99,000+94.1%$141/sqft |
Source:  MRED as distributed by MLS GRID #12530828 Report a problem | ||
| 11/19/1999 | Sold | $51,000$73/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2023 | $1,303 +2.6% | $6,154 |
| 2022 | $1,270 +2.3% | $6,154 |
| 2021 | $1,241 +41.3% | $6,154 +56.1% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$974/mo
Principal & interest
$384
HOA Fees
$400
Other costs
$190
Climate risks
Neighborhood: South Commons
Nearby schools
GreatSchools rating
- 4/10Drake Elementary SchoolGrades: PK-8Distance: 0.4 mi
- 1/10Phillips Academy High SchoolGrades: 9-12Distance: 1.2 mi
Schools provided by the listing agent
- District: 299
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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