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  3. Chicago, IL
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  5. 2941 S Michigan Ave
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2941 S Michigan Ave

2941 S Michigan, Chicago, IL, 60616
South Commons

YEAR BUILT

1972

# STORIES

5

# TOTAL UNITS

39

UNIT SIZE RANGE

374-1,800 sqft

Description

2941 S Michigan Ave is located in Chicago, near the intersection of South State Street and East 31st Street. This mid-rise building has five stories and offers a pleasant environment close to Lake Michigan. The nearby beach and Dunbar Park provide great outdoor spaces for activities and relaxation. Constructed in 1972, this condominium building contains 39 units. The sizes vary widely, ranging from 374 to 1,800 square feet. The building includes one, two, and three-bedroom options, making it suitable for different living arrangements. Prices for the units fall between $210,000 and $215,000. Recently sold units averaged around $122,500, with a price per square foot at about $191. The building has plenty of amenities to enjoy. There are two community swimming pools, exercise rooms, and a party room for gatherings. The presence of tennis courts and a sundeck adds more recreational options. Bicycle enthusiasts will appreciate the bike room and nearby bike trails. Residents can also benefit from on-site management and 24/7 security for added peace of mind. Each unit comes with reliable features such as high ceilings and private balconies. Some units may have floor-to-ceiling windows or gated entry for added luxury. Elevator access makes it easy to move around the building, enhancing daily life for residents. The location connects well with the local area. It is within walking distance of the Illinois Institute of Technology and convenient to public schools and grocery stores like 7-Eleven. A short trip brings residents to downtown Chicago and nearby neighborhoods like Chinatown and South Loop. Living here provides a blend of urban convenience and recreational outdoor spaces.

Building ImageMLS ID #12174253
Building ImageMLS ID #12174253
Building Image
Building ImageView Listing

2941 S Michigan Ave

2941 S Michigan, Chicago, IL, 60616


South Commons

YEAR BUILT

1972

# STORIES

5

# TOTAL UNITS

39

UNIT SIZE RANGE

374-1,800 sqft

Description

2941 S Michigan Ave is located in Chicago, near the intersection of South State Street and East 31st Street. This mid-rise building has five stories and offers a pleasant environment close to Lake Michigan. The nearby beach and Dunbar Park provide great outdoor spaces for activities and relaxation. Constructed in 1972, this condominium building contains 39 units. The sizes vary widely, ranging from 374 to 1,800 square feet. The building includes one, two, and three-bedroom options, making it suitable for different living arrangements. Prices for the units fall between $210,000 and $215,000. Recently sold units averaged around $122,500, with a price per square foot at about $191. The building has plenty of amenities to enjoy. There are two community swimming pools, exercise rooms, and a party room for gatherings. The presence of tennis courts and a sundeck adds more recreational options. Bicycle enthusiasts will appreciate the bike room and nearby bike trails. Residents can also benefit from on-site management and 24/7 security for added peace of mind. Each unit comes with reliable features such as high ceilings and private balconies. Some units may have floor-to-ceiling windows or gated entry for added luxury. Elevator access makes it easy to move around the building, enhancing daily life for residents. The location connects well with the local area. It is within walking distance of the Illinois Institute of Technology and convenient to public schools and grocery stores like 7-Eleven. A short trip brings residents to downtown Chicago and nearby neighborhoods like Chinatown and South Loop. Living here provides a blend of urban convenience and recreational outdoor spaces.

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Description

2941 S Michigan Ave is located in Chicago, near the intersection of South State Street and East 31st Street. This mid-rise building has five stories and offers a pleasant environment close to Lake Michigan. The nearby beach and Dunbar Park provide great outdoor spaces for activities and relaxation. Constructed in 1972, this condominium building contains 39 units. The sizes vary widely, ranging from 374 to 1,800 square feet. The building includes one, two, and three-bedroom options, making it suitable for different living arrangements. Prices for the units fall between $210,000 and $215,000. Recently sold units averaged around $122,500, with a price per square foot at about $191. The building has plenty of amenities to enjoy. There are two community swimming pools, exercise rooms, and a party room for gatherings. The presence of tennis courts and a sundeck adds more recreational options. Bicycle enthusiasts will appreciate the bike room and nearby bike trails. Residents can also benefit from on-site management and 24/7 security for added peace of mind. Each unit comes with reliable features such as high ceilings and private balconies. Some units may have floor-to-ceiling windows or gated entry for added luxury. Elevator access makes it easy to move around the building, enhancing daily life for residents. The location connects well with the local area. It is within walking distance of the Illinois Institute of Technology and convenient to public schools and grocery stores like 7-Eleven. A short trip brings residents to downtown Chicago and nearby neighborhoods like Chinatown and South Loop. Living here provides a blend of urban convenience and recreational outdoor spaces.

2941 S Michigan Ave Market Stats Last 12 months

Avg. Listed Price$128,779($206/Sqft.)

Avg. Sale Price$122,500($191/Sqft.)
Year over year list priceUp Arrow1.80%

Year over year sale priceDown Arrow 4.30%
Total Listings5 Listed

Total sold6 Sold
Average Days on Market78 days

Average HOA fees per sqft$2 /monthly
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Market Stats

Year over year list priceUp Arrow1.80%

Year over year sale priceDown Arrow4.30%
Total Listings5 Listed

Total sold6 Sold
Average Days on Market78 days

Average HOA fees per sqft$2 /monthly

Glen Gardens Estate Availability & Demand

Unit Availability

Low
High availability buildings list units frequently.

Unit Availability helps to understand how often units in a particular building are listed for sale as compared with the neighborhood average. Units are rarely listed in buildings with low availability.

Unit Demand

Low
Units in high-demand buildings sell quicker.

Unit Demand is a measure of quickly units in a particular building sell as compared with other buildings in the neighborhood. Units in high-demand buildings sell more quickly.

For Sale 0 For Sale

2941 S Michigan Ave Inventory & Sale History

UnitSize (sqft)BedsBathsDays On MarketDateStatusPrice
Unit 401401110022982022-06-16
MLS#: 11343381
Closed$210,000
Unit 5025021800332352022-01-14
MLS#: 11098311
Closed$200,000
Unit 414414160032962007-02-27
MLS#: 06346072
Closed$215,000
Unit 401
401

2 Beds

2 Baths

1100 sqft


DateStatusPrice
2022-06-16Closed$210,000
MLS#: 11343381
Days On Market98
Unit 414
414

3 Beds

2 Baths

1600 sqft


DateStatusPrice
2007-02-27Closed$215,000
MLS#: 06346072
Days On Market96
Unit 502
502

3 Beds

3 Baths

1800 sqft


DateStatusPrice
2022-01-14Closed$200,000
MLS#: 11098311
Days On Market235
View Complete Unit Listing HistorySource By: MRED

Amenities

One of the standout features of living at 2941 S Michigan Ave is its fantastic amenities. Residents can enjoy a fitness center to help you stay active, a serene pool for those hot Chicago summers, and a sundeck perfect for relaxation or hosting friends. Tennis enthusiasts will appreciate the on-site courts, while those who enjoy biking can take advantage of the bike room and nearby trails. The party room is a fantastic space for celebrating life’s milestones, making it easy to gather with loved ones in style.

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Amenities Description

One of the standout features of living at 2941 S Michigan Ave is its fantastic amenities. Residents can enjoy a fitness center to help you stay active, a serene pool for those hot Chicago summers, and a sundeck perfect for relaxation or hosting friends. Tennis enthusiasts will appreciate the on-site courts, while those who enjoy biking can take advantage of the bike room and nearby trails. The party room is a fantastic space for celebrating life’s milestones, making it easy to gather with loved ones in style.

Parking
Parking
Locker
Locker
Concierge
Concierge
Elevator(s)
Elevator(s)
Check Icon
Central AC
Central AC
Pool
Pool
Check Icon
Fitness Center
Fitness Center
Check Icon
Visitors Parking
Visitors Parking
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Amenities

Elevator(s)

Elevator(s)

Exercise Room

Exercise Room

Pool

Pool

In Ground Pool

In Ground Pool

Security Door Lock(s)

Security Door Lock(s)

Coin Laundry

Coin Laundry

Tennis Court(s)

Tennis Court(s)

Sundeck

Sundeck

Patio

Patio

Bike Room/Bike Trails

Bike Room/Bike Trails

Party Room

Party Room

Storage

Storage

Service Elevator(s)

Service Elevator(s)

Balcony

Balcony

Policies

Regarding policies, 2941 S Michigan Ave is fairly relaxed. Cats and dogs are welcome, which is a bonus for pet owners eager to keep their furry friends close. The building does have a limit on the number and size of pets, ensuring everyone can enjoy a harmonious living environment.

Pet Allowed
Check
Pet Allowed
BBQ Permitted
BBQ Permitted
Sublet Allowed
Sublet Allowed
Short-term Rental Allowed
Short-term Rental Allowed

Compare with Buildings in the Neighbourhood (Last 12 Months)

Compare building's average price/sq. ft. and HOA fees/sq. ft. to buildings nearby

Building NameAvg price per square footAVG HOA FEE per square foot (Monthly)
2941 S Michigan Ave$191/sqft.$2 /sqft.
South Commons$191/sqft.$2 /sqft.
South Commons$157/sqft.$2 /sqft.
3001 S Michigan Ave$157/sqft.$2 /sqft.
2921 S Michigan Ave$187/sqft.$2 /sqft.
South Commons$170/sqft.$2 /sqft.

Nearby Schools

2941 S Michigan Ave is positioned near local schools serving the surrounding area. Educational institutions within a 2-mile radius improve daily accessibility. Families benefit from shorter commutes and convenience. This well-located area supports comfortable living.

McKinley Lakeside Leadership Academy

--
Private|Grades 10–12
2920 S Wabash Ave|0.14 miles away

Yccs- Mckinley-Lakeside Leadership Academy

--
Public|Grades 9–12
2920 S Wabash Ave|0.16 miles away

Dunbar Vocational Career Academy High School

C
Public|Grades 9–12
3000 S King Dr|0.22 miles away

Drake Elementary School

C
Public|Grades PK–8
2710 S Dearborn St|0.36 miles away

Pershing Elementary Magnet School

D+
Public|Grades PK–8
3200 S Calumet Ave|0.4 miles away

St Jerome School

--
Private|Grades PK–8
2801 S Princeton A...|0.59 miles away
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Schools

arrow rightWhat to know about schoolsarrow right
Next

Description

2941 S Michigan Ave is positioned near local schools serving the surrounding area. Educational institutions within a 2-mile radius improve daily accessibility. Families benefit from shorter commutes and convenience. This well-located area supports comfortable living.

McKinley Lakeside Leadership Academy

--
Private|Grades 10–12
2920 S Wabash Ave|Less than 1 Mile Away

Yccs- Mckinley-Lakeside Leadership Academy

--
Public|Grades 9–12
2920 S Wabash Ave|Less than 1 Mile Away

Dunbar Vocational Career Academy High School

C
Public|Grades 9–12
3000 S King Dr|Less than 1 Mile Away

Drake Elementary School

C
Public|Grades PK–8
2710 S Dearborn St|Less than 1 Mile Away

Pershing Elementary Magnet School

D+
Public|Grades PK–8
3200 S Calumet Ave|Less than 1 Mile Away

St Jerome School

--
Private|Grades PK–8
2801 S Princeton A...|Less than 1 Mile Away

Graham R Training Center

--
Public|Grades 9–12
2347 S Wabash Ave|Less than 1 Mile Away

Yccs-Youth Connection Leadership Academy

--
Public|Grades 9–12
3424 S State St|Less than 1 Mile Away

De la Salle Institute - Institute Campus

--
Private|Grades 9–12
3434 S Michigan Av...|Less than 1 Mile Away

J. Ward Elementary School

B+
Public|Grades KG–8
2701 S Shields Ave|Less than 1 Mile Away

Chicago Military Academy High School

C
Public|Grades 9–12
3519 S Giles Ave|Less than 1 Mile Away

National Teachers Elementary Academy

B-
Public|Grades PK–8
55 W Cermak Rd|Less than 1 Mile Away

Pui Tak Christian School

--
Private|Grades PK–8
2301 S Wentworth A...|Less than 1 Mile Away

Urban Preparatory Charter Academy Bronzeville High School

B-
Public|Grades 9–12
521 E 35th St|Less than 1 Mile Away

Haines Elementary School

A
Public|Grades PK–8
247 W 23rd Pl|Less than 1 Mile Away

Doolittle Elementary School

D
Public|Grades PK–8
535 E 35th St|Less than 1 Mile Away

St Therese Chinese Catholic School

--
Private|Grades PK–8
247 W 23rd St|Less than 1 Mile Away

Perspectives Charter - Iit Campus

C+
Public|Grades 6–12
3663 S Wabash Ave|Less than 1 Mile Away

Healy Elementary School

A
Public|Grades PK–8
3010 S Parnell Ave|Less than 1 Mile Away

I. Wells Preparatory Elementary Academy

C+
Public|Grades KG–8
249 E 37th St|Less than 1 Mile Away

Sheridan Elementary Math & Science Academy

A+
Public|Grades KG–8
533 W 27th St|Less than 1 Mile Away

Air Force Academy High School

B-
Public|Grades 9–12
3630 S Wells St|1.04 Miles Away

Perspectives Charter - Joslin Campus

C-
Public|Grades 6–12
1930 S Archer Ave|1.11 Miles Away

Phillips Academy High School

F
Public|Grades 9–12
244 E Pershing Rd|1.14 Miles Away

McClellan Elementary School

C+
Public|Grades PK–8
3527 S Wallace St|1.18 Miles Away

Univ of Chicago Charter-Donoghue

D-
Public|Grades PK–5
707 E 37th St|1.19 Miles Away

Christ the King Lutheran School

--
Private|Grades PK–8
3701 S Lake Park A...|1.21 Miles Away

Daystar Academy

--
Private|Grades PK–9
1550 S State St St...|1.38 Miles Away

Bridgeport Catholic Academy

--
Private|Grades PK–8
3700 S Lowe Ave|1.41 Miles Away

Bronzeville Classical Elementary School

A
Public|Grades KG–4
8 W Root St|1.47 Miles Away

Armour Elementary School

B+
Public|Grades KG–8
950 W 33rd Pl|1.49 Miles Away

St Therese School West

--
Private|Grades PK–8
2859 S Throop St|1.53 Miles Away

Yccs-Jane Addams Alternative High School

--
Public|Grades 9–12
1814 S Union Ave|1.61 Miles Away

Walsh Elementary School

D
Public|Grades KG–8
2015 S Peoria St|1.62 Miles Away

Holden Elementary School

B
Public|Grades PK–8
1104 W 31st St|1.64 Miles Away

Fuller Elementary School

C
Public|Grades PK–8
4214 S Saint Lawre...|1.66 Miles Away

Dba City Garden Waldorf School

--
Private|Grades PK–KG
920 W 19th St|1.76 Miles Away

South Loop Elementary School

B
Public|Grades PK–8
1212 S Plymouth Ct|1.81 Miles Away

Hendricks Elementary Community Academy

C
Public|Grades PK–8
4316 S Princeton A...|1.82 Miles Away

Mollison Elementary School

D
Public|Grades PK–8
4415 S Dr Martin L...|1.85 Miles Away

Jungman Elementary School

C+
Public|Grades PK–8
1746 S Miller St|1.97 Miles Away

Woodson South Elementary School

D-
Public|Grades PK–8
4414 S Evans Ave|1.99 Miles Away

Transit

Situated in Bronzeville, 2941 S Michigan Ave offers convenient access to city-wide public transportation. Nearby Bus, Rail, Metro within 2 miles allow for efficient commuting and travel. Strong transit connections enhance accessibility to work, schools, and leisure destinations. This location provides a connected and practical urban living environment.

1100 S Columbus (Pedestrian Underpass)

1.97 miles away|38 min walk

1111 W Pershing

1.99 miles away|39 min walk

1440 S Indiana

1.51 miles away|29 min walk

18th St.

1.23 miles away|24 min walk

18th Street & Carpenter

1.97 miles away|38 min walk

18th Street & Halsted

1.73 miles away|34 min walk
Next

Transit

arrow rightWhat to know about transitarrow right
Next

Description

Situated in Bronzeville, 2941 S Michigan Ave offers convenient access to city-wide public transportation. Nearby Bus, Rail, Metro within 2 miles allow for efficient commuting and travel. Strong transit connections enhance accessibility to work, schools, and leisure destinations. This location provides a connected and practical urban living environment.

1100 S Columbus (Pedestrian Underpass)

1.97 miles away|38 min walk

1111 W Pershing

1.99 miles away|39 min walk

1440 S Indiana

1.51 miles away|29 min walk

18th St.

1.23 miles away|24 min walk

18th Street & Carpenter

1.97 miles away|38 min walk

18th Street & Halsted

1.73 miles away|34 min walk

18th Street & Peoria

1.78 miles away|35 min walk

18th Street & Sangamon

1.84 miles away|36 min walk

2300 S Halsted

1.41 miles away|27 min walk

25th Street & Michigan

0.46 miles away|9 min walk

26th Street & Indiana

0.34 miles away|7 min walk

26th Street & King Drive

0.42 miles away|9 min walk

26th Street & Normal

0.94 miles away|19 min walk

26th Street & Prairie

0.36 miles away|7 min walk

27th St.

0.53 miles away|11 min walk

2800 S King Drive

0.31 miles away|6 min walk

3000 S King Drive

0.26 miles away|6 min walk

3000 S Michigan

0.03 miles away|1 min walk

3000 S Wentworth

0.48 miles away|10 min walk

31st Street & Aberdeen

1.61 miles away|31 min walk

31st Street Beach

0.78 miles away|15 min walk

31st Street & Canal

0.8 miles away|16 min walk

31st Street & Giles

0.22 miles away|5 min walk

31st Street & Halsted

1.23 miles away|24 min walk

31st Street & King Drive

0.3 miles away|6 min walk

31st Street & Lituanica

1.36 miles away|27 min walk

31st Street & Lock

1.9 miles away|37 min walk

31st Street & Loomis

1.65 miles away|32 min walk

31st Street & Michigan

0.17 miles away|4 min walk

31st Street & Morgan

1.49 miles away|29 min walk

31st Street & Racine

1.72 miles away|33 min walk

31st Street & Rhodes

0.49 miles away|10 min walk

31st Street & Throop

1.36 miles away|26 min walk

31st Street & Union

1.11 miles away|22 min walk

31st Street & Wallace

1 miles away|20 min walk

31st Street & Wells

0.55 miles away|11 min walk

3200 S Wentworth

0.56 miles away|11 min walk

327 W Roosevelt

1.95 miles away|38 min walk

33rd Place & Cottage Grove

0.75 miles away|15 min walk

33rd Place & Rhodes

0.62 miles away|12 min walk

3400 S State

0.58 miles away|12 min walk

3403 S Wallace

1.11 miles away|22 min walk

3406 S Wallace

1.12 miles away|22 min walk

35-Bronzeville-IIT

0.65 miles away|13 min walk

35th-Bronzeville-IIT

0.65 miles away|13 min walk

35th St. - Lou Jones

0.73 miles away|15 min walk

35th Street & Aberdeen

1.73 miles away|34 min walk

35th Street & Cottage Grove

0.86 miles away|17 min walk

35th Street & Federal

0.75 miles away|15 min walk

35th Street & Giles

0.69 miles away|14 min walk

The Neighbourhood: Bronzeville

Bronzeville, located in Cook County, IL, is a vibrant neighborhood rich in history and culture. Known for its significant role in the African American Great Migration, the area boasts historic landmarks and a flourishing arts scene. Residents enjoy access to a variety of amenities, including local shops, cafes, and community parks. The neighborhood's educational facilities, including renowned schools and libraries, attract families. Public transportation options, such as the CTA bus and train lines, offer convenient commuting, making Bronzeville an accessible and appealing place to live.

Next

Neighbourhood Description

Bronzeville, located in Cook County, IL, is a vibrant neighborhood rich in history and culture. Known for its significant role in the African American Great Migration, the area boasts historic landmarks and a flourishing arts scene. Residents enjoy access to a variety of amenities, including local shops, cafes, and community parks. The neighborhood's educational facilities, including renowned schools and libraries, attract families. Public transportation options, such as the CTA bus and train lines, offer convenient commuting, making Bronzeville an accessible and appealing place to live.

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2941 S Michigan Ave Demographics

Age Demographics

0–14 Years

13.65%

15–29 Years

23.61%

30–44 Years

20.79%

45–59 Years

18.71%

60+ Years

23.23%

Commute

27.19%

Transit

5.49%

Walk

49.64%

Drive

2.67%

Bike

Housing Ownership

33.02%

Owner Occupied

66.98%

Rental Units

Household Types

Single Family
18.13%
Multi Family
3.42%
Single Person
48.46%
Multi Person
51.54%

Average Income

Household:$5,635,203.47 /yr

Individual:$3,591,019.92 /yr

Education

Bachelors Degree23.59%
High School College18.08%
Diploma4.02%
Post Graduate21.42%
Others32.89%
Next

Education

Diploma4.02%
Post Graduate21.42%
Others32.89%
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  2. /Chicago, IL
  3. /
    2941 S Michigan Ave
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Atlanta, GA 30339
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Berkshire Hathaway Starck Real Estate

Paul Ambrogio

Serving Chicago and all of Northern IL

13300 IL RT 47

Huntley, Illinois 60142

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