2941 S Michigan Avenue #407
Chicago, IL, 60616
$149,500
1 Beds
1 Baths
769 SqFt
0 Acres
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MLS #MRD12494111 image #0
Welcome to this beautifully renovated 1-bedroom, 1-bathroom corner unit located in the highly sought-after South Commons community. This stunning home has been thoughtfully updated from top to bottom, blending modern finishes with timeless style, open space featuring stainless steel appliances, sleek quartz countertops, and soft-close cabinetry in the kitchen-perfect for both everyday living and entertaining. The custom-designed bathroom includes a one-of-a-kind vanity, crafted specifically for the space. Luxury vinyl plank flooring flows seamlessly throughout the unit, adding warmth and a contemporary touch. Beyond the unit, enjoy access to a suite of exclusive building amenities, including heated outdoor swimming pool – ideal for relaxing or entertaining, modern elevator access for convenience and ease, secure storage for added space and organization, on-site manager and engineer, ensuring peace of mind and top-tier maintenance, and coin laundry facilities for everyday convenience! Schedule your private showing today and experience elevated living at South Commons.

Property Details

Price:
$149,500
MLS #:
MRD12494111
Status:
Active Under Contract
Beds:
1
Baths:
1
Type:
Condo
Subdivision:
South Commons
Neighborhood:
chidouglas
Listed Date:
Oct 13, 2025
Finished Sq Ft:
769
Year Built:
1968
Chi – DouglasChidouglasSouth CommonsDrake Elementary SchoolDrake Elementary SchoolPhillips Academy High School

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Schools

School District:
299
Elementary School:
Drake Elementary School
Middle School:
Drake Elementary School
High School:
Phillips Academy High School

Interior

Bathrooms
1 Full Bathroom
Cooling
Wall Unit(s)
Heating
Forced Air
Interior Features
Storage
Laundry Features
Common Area

Exterior

Association Amenities
Coin Laundry, Elevator(s), Storage, On Site Manager/Engineer, Pool
Construction Materials
Brick
Exterior Features
Balcony
Lot Features
Common Grounds

Financial

HOA Fee
$548
HOA Fee Frequency
Monthly
HOA Includes
Heat, Water, Gas, Insurance, Security, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
Tax Year
2023
Taxes
$1,983

Map

Community

Market Summary

Current real estate data for Condo in Chicago as of May 16, 2026
3,505
Condo Listed
56
Avg DOM
381
Avg $ / SqFt
$634,345
Avg List Price

Property Summary

    Located in the South Commons subdivision, 2941 S Michigan Avenue #407 Chicago IL is a Condo for sale in Chicago, IL, 60616. It is listed for $149,500 and features 1 beds, 1 baths, and has approximately 769 square feet of living space, and was originally constructed in 1968. The current price per square foot is $194. The average price per square foot for Condo listings in Chicago is $381. The average listing price for Condo in Chicago is $634,345.

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2941 S Michigan Avenue #407
Chicago, IL