3041 S Michigan Avenue #509
Chicago, IL, 60616
$138,000
1 Beds
1 Baths
800 SqFt
0 Acres
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$138,000
3041 S Michigan Avenue #509
Chicago, IL, 60616
MLS #MRD12539926 image #0MLS #MRD12539926 image #1MLS #MRD12539926 image #2MLS #MRD12539926 image #3MLS #MRD12539926 image #4MLS #MRD12539926 image #5MLS #MRD12539926 image #6MLS #MRD12539926 image #7MLS #MRD12539926 image #8MLS #MRD12539926 image #9MLS #MRD12539926 image #10MLS #MRD12539926 image #11MLS #MRD12539926 image #12MLS #MRD12539926 image #13MLS #MRD12539926 image #14MLS #MRD12539926 image #15MLS #MRD12539926 image #16
Discover the potential of this inviting one-bedroom, one-bathroom condo, offering a blend of comfort, convenience, and urban charm. Enjoy your own private balcony-perfect for morning coffee or evening relaxation-creating a peaceful retreat in the heart of the city. Monthly assessments cover essential amenities such as heat, water, gas, common insurance, security, and exterior maintenance, along with seasonal services like lawn care and snow removal. Residents also have access to a sparkling outdoor pool, ideal for unwinding on warm summer days. Located just minutes from downtown Chicago, this condo provides exceptional access to public transportation. The Red Line, Green Line, Metra, and the scenic 31st Street Beach are all within easy walking distance. The neighborhood is surrounded by educational and cultural institutions, including De La Salle Institute, VanderCook College of Music, Illinois Institute of Technology, and The Illinois College of Optometry. Everyday necessities are close by as well, with Jewel-Osco, Lake Meadows Shopping Center, and Mercy Hospital conveniently nearby. This unit may require some TLC depending on your personal preferences and vision for the space. Outdoor enthusiasts will appreciate the proximity to Dunbar Park, which features an interactive water play area, multiple playgrounds, a running track, tennis courts, and a serene reading garden. Additional conveniences include clean, coin-operated laundry facilities located on the building’s first floor. SOLD AS IS.

Property Details

Price:
$138,000
MLS #:
MRD12539926
Status:
Active
Beds:
1
Baths:
1
Type:
Condo
Subdivision:
South Commons
Neighborhood:
chidouglas
Listed Date:
Jan 3, 2026
Finished Sq Ft:
800
Year Built:
1968
Chi – DouglasChidouglasSouth CommonsCats Ok

Schools

School District:
299

Interior

Bathrooms
1 Full Bathroom
Cooling
Wall Unit(s)
Heating
Natural Gas

Exterior

Association Amenities
Coin Laundry, Elevator(s), Storage, On Site Manager/Engineer, Pool
Construction Materials
Brick
Exterior Features
Balcony
Parking Features
Assigned, Yes, Other

Financial

HOA Fee
$617
HOA Frequency
Monthly
HOA Includes
Heat, Water, Gas, Insurance, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
Tax Year
2023
Taxes
$1,920
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Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.

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Current real estate data for Condo in Chicago as of Jan 11, 2026
2,282
Condo Listed
85
Avg DOM
368
Avg $ / SqFt
$637,104
Avg List Price

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Property Summary

    Located in the South Commons subdivision, 3041 S Michigan Avenue #509 Chicago IL is a Condo for sale in Chicago, IL, 60616. It is listed for $138,000 and features 1 beds, 1 baths, and has approximately 800 square feet of living space, and was originally constructed in 1968. The current price per square foot is $173. The average price per square foot for Condo listings in Chicago is $368. The average listing price for Condo in Chicago is $637,104. To schedule a showing of MLS#mrd12539926 at 3041 S Michigan Avenue #509 in Chicago, IL, contact your Compass / The Debra Dobbs Group agent at 3123074909.
3041 S Michigan Avenue #509
Chicago, IL