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3001 S Michigan Ave Unit 1007, Chicago, IL, 60616

$149,999

Home List Price

$1,781*

Closing Credit

2 Bedrooms
1 Full Bath
Condo
Schools Nearby

Location

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3001 S Michigan Ave Unit 1007, Chicago$149,999

Buyer Closing Credits

$1,781*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Year Built1964
HeatingSteam
MLS #12011186
StatusActive

About 3001 S Michigan Ave Unit 1007

Northwest Corner unit! Wondeful location close to IIT, 31st street beach, majoy expressway and Mariano's. fantastic north view of the city and the lake. 2 bedroom, one bath. with huge living room and generous bedroom sizes.Huge balcony with lake and city views. unit newly renovated with fresh paint and new floors

Property Details

Property Features

Property Information:

  • Year Built: 1964
  • Stories: 24

Listing Office:

  • Office Name: Jin's Group Corporation LTD
  • Office Phone: (708) 359-9668
  • Listing Agent: Jenny Fultz

Interior Features

Interior Information:

  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Utilities

Utilities Information:

  • Heating: Steam

School Info

Assigned Schools Information:

  • Phillips Academy High School, Public District Grades 9-12
  • Drake Elementary School, Public District Grades PK-8

Other

Directions Information:

  • Directions: Michigan to 31ST Street East to Indiana, North to 3001

Price Information

Listing Price Info

Price Summary:

  • List Price: $149,999

HOA Fees:

  • Amount: $733
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $1,085
  • Tax Year: 2019
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Housing Market Comparison

See how this home compares to others in Chicago, IL.

Med. Sold Price

$346.4K

Med. Price/SqFt

$246

Avg. Days On Market

40

# of Sold Homes

1846

3001 S Michigan Ave Unit 1007 vs Chicago

38 DAYS ON ROCKET

-2 Days

$149,999

-$196.4K Less

KEY TAKEAWAY

This property is $196.4K less than the Median Sold Price in Chicago, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MRED
  • MLS Number: #12011186

Listing Office:

  • Office Name: Jin's Group Corporation LTD
  • Office Phone: (708) 359-9668
  • Listing Agent: Jenny Fultz

IDX Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than the broker/agent who owns the website are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers.

All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2024, 2:15:24 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Nov 12, 2013Home Sold
$80,000

Tax History

YEARPROP. TAXASSESSMENT
2019$1,085$8,832
2018$1,066$8,832
2017$618$6,250

History based on county public records data.

Payment Calculator

$1,549

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$516

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3165895
4
/10
  • Drake Elementary School

  • 2710 S Dearborn St

  • 0.41 miles

  • Public District Grades PK-8

High School

school-card-donut-3165896
1
/10
  • Phillips Academy High School

  • 244 E Pershing Rd

  • 1.10 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $54,969. Residents of Chicago, IL typically earn between $35k-100k each year. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 3001 S Michigan Ave Unit 1007

What is the listing price of this property?

The listing price of 3001 S Michigan Ave Unit 1007 property is $149,999.

What type of property is this?

The property 3001 S Michigan Ave Unit 1007 is a condo located in Chicago, Illinois, 60616.

Is this property for sale now?

Active Listing: 3001 S Michigan Ave Unit 1007 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 3001 S Michigan Ave Unit 1007 are:
Drake Elementary School: GreatSchools Rating 4/10
Phillips Academy High School: GreatSchools Rating 1/10

What is the annual property tax for this property?

According to the records, the last property tax for 2019 is $1,085 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on November 12, 2013 for $80,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 3001 S Michigan Ave Unit 1007 has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The sq. ft. of 3001 S Michigan Ave Unit 1007 is not available (source: MLS/tax record).

Which year was this property built?

The year of construction for 3001 S Michigan Ave Unit 1007 is 1964.

Rocket Homes›Illinois›Cook County›Chicago›60616›3001 S Michigan Ave Unit 1007

This home is located at 3001 S Michigan Ave Unit 1007 in Chicago, IL and zip code 60616 in the South Side neighborhood. This home was built in 1964. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since March 22, 2024 and is currently priced at $149,999.

In March 2024 more than 612 listings in Chicago, IL were sold above the asking price. During the same period more than 317 listings were sold at asking price, while more than 916 were sold below. Between February 2024 and March 2024, Chicago, IL real estate market has seen increase in the number of listings by 21.5%. Listings spent 40 days on the market in March 2024, and had a median list price of $346,470 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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