For Sale: 3001 S Michigan Avenue #2406, Chicago, IL 60616. 0-bedroom 1-bath, 513 sf, 1972 South Commons $121,500 begin new search
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Overview

One-of-a-kind penthouse studio condo featuring breathtaking, 180 degrees of unobstructed South, West, and Northwestern views from your private 18-foot balcony. Just take a look at the photos and video! The only unit in this building offering a spectacular 24th-floor vantage point, with an unbeatable combination of value, convenience, and location. The Space & Amenities Interior Features Include floor to ceiling windows, an 18' private balcony, enormous walk-in closet, with shelving, an additional hallway closet, a full bathroom with bathtub, and a kitchen with ample cabinet space featuring a convenient passthrough. The low HOA covers: 2 inground pools, heat, cooking gas, water, dedicated extra storage, on-premises laundry, 24-hour security, an on-site manager/engineer, and exterior maintenance. Low taxes and no special assessments! While there is plenty of street parking, you also have the option to lease an on-site outdoor or covered parking directly from the management. The location is unbeatable. Right across the street to the East is Dunbar Park, offering a running track, tennis courts, ball fields, and playgrounds. You are also just minutes away from the beautiful lakefront and 31st Street Beach Guaranteed Rate Field (Comiskey Park), IIT and VanderCook campuses , Chicago's Loop, McCormick Place, WinTrust Arena ( Home of WNBA's Chicago Sky) , Museum Campus, Insight Hospital , shopping, fitness and vibrant neighborhoods such as Bronzeville, Bridgeport, and Chinatown Easy Commuting: Steps from the the #1 or #4 bus lines right on Michigan Ave. Nearby CTA Green and Red lines, Metra stops, and I- 90 & I- 94 . Don't miss out on this incredible opportunity to enjoy storybook sunsets every single night! A sensational opportunity for owner-occupants, students, medical professionals, 2nd home, or out of towners tired of staying in hotels and in need of a prime Chicago location.

Address 3001 S Michigan Avenue

Unit# 2406


Chicago, IL 60616
Listing Status ACTIVE
Asking Price $121,500
On Market Date $127,500 @ Aug 7, 2026
Original Entry Aug 7, 2026
Rooms
Balcony/Porch/Lanai
Square Footage 513 sf
Flooring Laminate
Bedrooms 0
Full Bathrooms 1
Location
Directions LSD to 31st (W) to Indiana to address.
Community Area South Commons
Neighborhood DOUGLAS
School District Not Listed
Ownership
Property Type Condo
Assessment $383
HOA Amenities Bike Room/Bike Trails, Coin Laundry, Elevator in Residence, Storage, On Site Manager/Engineer, Pool, Receiving Room, Security Door Lock(s), Laundry, Elevator(s), Fencing, In Ground Pool, Intercom, Public Bus, Private Inground Pool, Security, Security Lighting
Listing History
Timeline Notes
Sep 2, 2026Price reduced to $121,500 #MRD12727710
Aug 15, 2026Price reduced to $124,500 #MRD12727710
Aug 7, 2026Listed for $127,500 #MRD12727710
Public Records
County Cook
Tax PIN 17273100931676
Property Tax $726 for the year 2024
Lake Michigan Distance 1.1 miles
Exterior
Style Attached Single
Material Balcony
Lot Size COMMON
Fencing Not Listed
Topography Not Listed
Entry Steps 24
Swimming Pool Not Listed
Parking
Total Spaces: 0
Garage Spaces: 0
Non-Garage Spaces: 0 -
View Not Listed
Features
Year Built 1972
Laundry Location Common Area
Elevator Not Listed
Cooling Window Unit(s)
Heating Natural Gas
Sewer/Septic Public Sewer
Fireplaces Not Listed
Interior Features Elevator, 1st Floor Full Bath, Storage, Walk-In Closet(s), High Ceilings, Lobby
Additional Parcels No
Appliances No
Assessments No
Association No
Association Fee 2 0
Association Fee Frequency Monthly
Attached Garage No
Basement None
Below Grade Finished Area 0
Carport Spaces 0
Cooling No
Heating No
High School District 299
Land Lease No
Laundry No
Living Area Source Other
Main Level Bathrooms 0
Main Level Bedrooms 0
New Construction No
Number Of Units Total 0
Number Remotes 0
Parking No
Patio No
Pool Private No
Property Attached No
Sprinklers No
View No
Well Depth 0
Well Gallons Per Minute 0
Well Pump Horsepower 0
Well Report No
Window Features Drapes
Monthly Payment Calculator
Listing Source
Platform MRED
AOR
MLS Number MRD12727710
Courtesy of Pearson Realty Group