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  5. 3041 S Michigan Ave
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3041 S Michigan Ave

3041 S Michigan Ave, Chicago, IL, 60616
South Commons

YEAR BUILT

# STORIES

7

# TOTAL UNITS

32

UNIT SIZE RANGE

480-2,000 sqft

Description

3041 S Michigan Ave is located in Chicago's South Commons neighborhood. The building stands at the intersection of South State Street and East 31st Street. It features a high-rise structure with seven stories and 32 residential units. This location offers access to Lake Michigan, enhancing the appeal of the area. The units range in size from 480 to 1,875 square feet, with options for 1, 2, or 3 bedrooms. Pricing starts around $215,000 and can reach up to $225,000. Recently, the average sold price for the building was about $155,000, with a price per square foot around $130. On average, homes in this building spend about 42 days on the market. Amenities enhance the living experience. Residents enjoy a pool, tennis courts, and picnic areas among the shared spaces. There are also secure entries, on-site management, and storage lockers. The building provides laundry facilities and has elevators for easy access to all floors. Architectural elements include floor-to-ceiling windows and private balconies. Open floor plans create flexible living spaces, while modern kitchens come with updated cabinetry and countertops. Large closets provide ample storage, making day-to-day life more comfortable. Nearby attractions include Dunbar Park and the Illinois Institute of Technology. Grocery shopping can be done at 7-Eleven for everyday needs. The area has good public transportation options, including the Red and Green Lines, along with bus routes. This building combines urban living with community features, allowing residents to enjoy city comforts while remaining connected to nature and local amenities. Views from the property offer a glimpse of the city skyline and landscaped courtyards, inviting moments of relaxation at home.

Building ImageMLS ID #12563182
Building ImageMLS ID #12563182
Building Image
Building ImageView Listing

3041 S Michigan Ave

3041 S Michigan Ave, Chicago, IL, 60616


South Commons

YEAR BUILT

# STORIES

7

# TOTAL UNITS

32

UNIT SIZE RANGE

480-2,000 sqft

Description

3041 S Michigan Ave is located in Chicago's South Commons neighborhood. The building stands at the intersection of South State Street and East 31st Street. It features a high-rise structure with seven stories and 32 residential units. This location offers access to Lake Michigan, enhancing the appeal of the area. The units range in size from 480 to 1,875 square feet, with options for 1, 2, or 3 bedrooms. Pricing starts around $215,000 and can reach up to $225,000. Recently, the average sold price for the building was about $155,000, with a price per square foot around $130. On average, homes in this building spend about 42 days on the market. Amenities enhance the living experience. Residents enjoy a pool, tennis courts, and picnic areas among the shared spaces. There are also secure entries, on-site management, and storage lockers. The building provides laundry facilities and has elevators for easy access to all floors. Architectural elements include floor-to-ceiling windows and private balconies. Open floor plans create flexible living spaces, while modern kitchens come with updated cabinetry and countertops. Large closets provide ample storage, making day-to-day life more comfortable. Nearby attractions include Dunbar Park and the Illinois Institute of Technology. Grocery shopping can be done at 7-Eleven for everyday needs. The area has good public transportation options, including the Red and Green Lines, along with bus routes. This building combines urban living with community features, allowing residents to enjoy city comforts while remaining connected to nature and local amenities. Views from the property offer a glimpse of the city skyline and landscaped courtyards, inviting moments of relaxation at home.

Next

Description

3041 S Michigan Ave is located in Chicago's South Commons neighborhood. The building stands at the intersection of South State Street and East 31st Street. It features a high-rise structure with seven stories and 32 residential units. This location offers access to Lake Michigan, enhancing the appeal of the area. The units range in size from 480 to 1,875 square feet, with options for 1, 2, or 3 bedrooms. Pricing starts around $215,000 and can reach up to $225,000. Recently, the average sold price for the building was about $155,000, with a price per square foot around $130. On average, homes in this building spend about 42 days on the market. Amenities enhance the living experience. Residents enjoy a pool, tennis courts, and picnic areas among the shared spaces. There are also secure entries, on-site management, and storage lockers. The building provides laundry facilities and has elevators for easy access to all floors. Architectural elements include floor-to-ceiling windows and private balconies. Open floor plans create flexible living spaces, while modern kitchens come with updated cabinetry and countertops. Large closets provide ample storage, making day-to-day life more comfortable. Nearby attractions include Dunbar Park and the Illinois Institute of Technology. Grocery shopping can be done at 7-Eleven for everyday needs. The area has good public transportation options, including the Red and Green Lines, along with bus routes. This building combines urban living with community features, allowing residents to enjoy city comforts while remaining connected to nature and local amenities. Views from the property offer a glimpse of the city skyline and landscaped courtyards, inviting moments of relaxation at home.

3041 S Michigan Ave Key Stats Last 12 months

Avg. Listed Price$150,540($140/Sqft.)

Avg. Sale Price$155,000($130/Sqft.)
Year over year list priceDown Arrow18.63%

Year over year sale priceDown Arrow 13.89%
Total Listings5 Listed

Total sold1 Sold
Average Days on Market42 days

Average HOA fees per sqft$3 /monthly
Next

Key Stats

Year over year list priceDown Arrow18.63%

Year over year sale priceDown Arrow13.89%
Total Listings5 Listed

Total sold1 Sold
Average Days on Market42 days

Average HOA fees per sqft$3 /monthly

Glen Gardens Estate Availability & Demand

Unit Availability

High
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

Medium
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

3041 S Michigan Ave Inventory & Sale History

UnitSize (sqft)BedsBathsDays On MarketDateStatusPrice
Unit 306306-22352024-04-05
MLS#: 11991042
Closed$180,000
Unit 502502187533652019-11-22
MLS#: 10472865
Closed$225,000
Unit 5065061906332152007-02-17
MLS#: 06211948
Closed$215,000
Unit 306
306

2 Beds

2 Baths

0 sqft


DateStatusPrice
2024-04-05Closed$180,000
MLS#: 11991042
Days On Market35
Unit 502
502

3 Beds

3 Baths

1875 sqft


DateStatusPrice
2019-11-22Closed$225,000
MLS#: 10472865
Days On Market65
Unit 506
506

3 Beds

3 Baths

1906 sqft


DateStatusPrice
2007-02-17Closed$215,000
MLS#: 06211948
Days On Market215
View Complete Unit Listing HistorySource By: MRED

Amenities

Life at 3041 S Michigan Ave comes with a range of amenities that elevate your living experience. Picture sunny afternoons spent at the in-ground pool, where you can relax or have fun with friends. The presence of a picnic area and party room makes it easy to socialize and host gatherings. For the active types, tennis courts, bike trails, and nearby parks offer opportunities to enjoy the outdoors. The building also features essential conveniences like laundry facilities, an elevator for easy access, and a secure environment, ensuring peace of mind for all residents.

Next

Amenities Description

Life at 3041 S Michigan Ave comes with a range of amenities that elevate your living experience. Picture sunny afternoons spent at the in-ground pool, where you can relax or have fun with friends. The presence of a picnic area and party room makes it easy to socialize and host gatherings. For the active types, tennis courts, bike trails, and nearby parks offer opportunities to enjoy the outdoors. The building also features essential conveniences like laundry facilities, an elevator for easy access, and a secure environment, ensuring peace of mind for all residents.

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

Amenities

Elevator(s)

Elevator(s)

Pool

Pool

In Ground Pool

In Ground Pool

Security Door Lock(s)

Security Door Lock(s)

Security Lighting

Security Lighting

Laundry

Laundry

Coin Laundry

Coin Laundry

Tennis Court(s)

Tennis Court(s)

Receiving Room

Receiving Room

Picnic Area

Picnic Area

Bike Room/Bike Trails

Bike Room/Bike Trails

Party Room

Party Room

Storage

Storage

Service Elevator(s)

Service Elevator(s)

Balcony

Balcony

Policies

Bringing your furry friend along? You're in luck, as this building welcomes cats and dogs! While you can enjoy life with your pets, it's important to note that the building maintains a friendly, pet-loving environment.

Pet Allowed
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)
3041 S Michigan Ave$130/sqft.$3 /sqft.
3041 S Michigan Ave$130/sqft.$3 /sqft.
South Commons$180/sqft.$2 /sqft.
3021 S Michigan Ave$189/sqft.$2 /sqft.
3001 S Michigan Ave$157/sqft.$2 /sqft.
South Commons$157/sqft.$2 /sqft.

Nearby Schools

In Bronzeville, 3041 S Michigan Ave benefits from nearby schools within easy reach. Educational institutions within 2 miles reduce travel time for families. This convenient access supports balanced daily routines. The location promotes comfortable urban living.

McKinley Lakeside Leadership Academy

--
Private|Grades 10–12
2920 S Wabash Ave|0.19 miles away

Yccs- Mckinley-Lakeside Leadership Academy

--
Public|Grades 9–12
2920 S Wabash Ave|0.2 miles away

Dunbar Vocational Career Academy High School

C
Public|Grades 9–12
3000 S King Dr|0.23 miles away

Pershing Elementary Magnet School

D+
Public|Grades PK–8
3200 S Calumet Ave|0.33 miles away

Drake Elementary School

C
Public|Grades PK–8
2710 S Dearborn St|0.41 miles away

Yccs-Youth Connection Leadership Academy

--
Public|Grades 9–12
3424 S State St|0.52 miles away
Next

Schools

arrow rightWhat to know about schoolsarrow right
Next

Description

In Bronzeville, 3041 S Michigan Ave benefits from nearby schools within easy reach. Educational institutions within 2 miles reduce travel time for families. This convenient access supports balanced daily routines. The location promotes comfortable urban 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

Pershing Elementary Magnet School

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

Drake Elementary School

C
Public|Grades PK–8
2710 S Dearborn St|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

St Jerome School

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

Chicago Military Academy High School

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

J. Ward Elementary School

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

Graham R Training Center

--
Public|Grades 9–12
2347 S Wabash Ave|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

Perspectives Charter - Iit Campus

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

Doolittle Elementary School

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

I. Wells Preparatory Elementary Academy

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

Pui Tak Christian School

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

Haines Elementary School

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

Healy Elementary School

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

National Teachers Elementary Academy

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

Air Force Academy High School

B-
Public|Grades 9–12
3630 S Wells St|Less than 1 Mile Away

St Therese Chinese Catholic School

--
Private|Grades PK–8
247 W 23rd 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

Phillips Academy High School

F
Public|Grades 9–12
244 E Pershing Rd|1.04 Miles Away

McClellan Elementary School

C+
Public|Grades PK–8
3527 S Wallace St|1.10 Miles Away

Univ of Chicago Charter-Donoghue

D-
Public|Grades PK–5
707 E 37th St|1.12 Miles Away

Christ the King Lutheran School

--
Private|Grades PK–8
3701 S Lake Park A...|1.15 Miles Away

Perspectives Charter - Joslin Campus

C-
Public|Grades 6–12
1930 S Archer Ave|1.21 Miles Away

Bridgeport Catholic Academy

--
Private|Grades PK–8
3700 S Lowe Ave|1.32 Miles Away

Bronzeville Classical Elementary School

A
Public|Grades KG–4
8 W Root St|1.36 Miles Away

Armour Elementary School

B+
Public|Grades KG–8
950 W 33rd Pl|1.43 Miles Away

Daystar Academy

--
Private|Grades PK–9
1550 S State St St...|1.49 Miles Away

St Therese School West

--
Private|Grades PK–8
2859 S Throop St|1.52 Miles Away

Fuller Elementary School

C
Public|Grades PK–8
4214 S Saint Lawre...|1.57 Miles Away

Holden Elementary School

B
Public|Grades PK–8
1104 W 31st St|1.61 Miles Away

Walsh Elementary School

D
Public|Grades KG–8
2015 S Peoria St|1.67 Miles Away

Yccs-Jane Addams Alternative High School

--
Public|Grades 9–12
1814 S Union Ave|1.68 Miles Away

Hendricks Elementary Community Academy

C
Public|Grades PK–8
4316 S Princeton A...|1.70 Miles Away

Mollison Elementary School

D
Public|Grades PK–8
4415 S Dr Martin L...|1.74 Miles Away

Dba City Garden Waldorf School

--
Private|Grades PK–KG
920 W 19th St|1.81 Miles Away

Woodson South Elementary School

D-
Public|Grades PK–8
4414 S Evans Ave|1.89 Miles Away

South Loop Elementary School

B
Public|Grades PK–8
1212 S Plymouth Ct|1.92 Miles Away

Robinson Elementary School

C+
Public|Grades PK–3
4225 S Lake Park A...|1.98 Miles Away

Cambridge Classical Academy

--
Private|Grades PK–8
4622 S King Dr|1.99 Miles Away

Transit

3041 S Michigan Ave enjoys proximity to 50+ public transit options throughout Chicago. Located within a 2-mile radius, these connections enable easy commuting and dependable travel. Residents benefit from reduced reliance on private vehicles. A well-served transit location supports sustainable urban living.

1111 W Pershing

1.91 miles away|37 min walk

1132 W Pershing

1.93 miles away|37 min walk

1440 S Indiana

1.62 miles away|32 min walk

18th St.

1.34 miles away|26 min walk

18th Street & Halsted

1.79 miles away|35 min walk

18th Street & Peoria

1.84 miles away|36 min walk
Next

Transit

arrow rightWhat to know about transitarrow right
Next

Description

3041 S Michigan Ave enjoys proximity to 50+ public transit options throughout Chicago. Located within a 2-mile radius, these connections enable easy commuting and dependable travel. Residents benefit from reduced reliance on private vehicles. A well-served transit location supports sustainable urban living.

1111 W Pershing

1.91 miles away|37 min walk

1132 W Pershing

1.93 miles away|37 min walk

1440 S Indiana

1.62 miles away|32 min walk

18th St.

1.34 miles away|26 min walk

18th Street & Halsted

1.79 miles away|35 min walk

18th Street & Peoria

1.84 miles away|36 min walk

18th Street & Sangamon

1.89 miles away|37 min walk

2300 S Halsted

1.44 miles away|28 min walk

25th Street & Michigan

0.57 miles away|11 min walk

26th Street & Indiana

0.45 miles away|9 min walk

26th Street & King Drive

0.53 miles away|11 min walk

26th Street & Normal

0.96 miles away|19 min walk

26th Street & Prairie

0.47 miles away|10 min walk

27th St.

0.61 miles away|12 min walk

2800 S King Drive

0.4 miles away|8 min walk

3000 S King Drive

0.29 miles away|6 min walk

3000 S Michigan

0.09 miles away|2 min walk

3000 S Wentworth

0.45 miles away|9 min walk

31st Street & Aberdeen

1.58 miles away|31 min walk

31st Street Beach

0.8 miles away|16 min walk

31st Street & Canal

0.75 miles away|15 min walk

31st Street & Giles

0.19 miles away|4 min walk

31st Street & Halsted

1.19 miles away|23 min walk

31st Street & King Drive

0.28 miles away|6 min walk

31st Street & Lituanica

1.33 miles away|26 min walk

31st Street & Lock

1.86 miles away|36 min walk

31st Street & Loomis

1.61 miles away|31 min walk

31st Street & Michigan

0.06 miles away|2 min walk

31st Street & Morgan

1.45 miles away|28 min walk

31st Street & Racine

1.68 miles away|33 min walk

31st Street & Rhodes

0.49 miles away|10 min walk

31st Street & Throop

1.32 miles away|26 min walk

31st Street & Union

1.07 miles away|21 min walk

31st Street & Wallace

0.96 miles away|19 min walk

31st Street & Wells

0.5 miles away|10 min walk

3200 S Wentworth

0.48 miles away|10 min walk

33rd Place & Cottage Grove

0.7 miles away|14 min walk

33rd Place & Rhodes

0.55 miles away|11 min walk

3400 S State

0.47 miles away|10 min walk

3403 S Wallace

1.04 miles away|20 min walk

3406 S Wallace

1.05 miles away|21 min walk

35-Bronzeville-IIT

0.54 miles away|11 min walk

35th-Bronzeville-IIT

0.54 miles away|11 min walk

35th St. - Lou Jones

0.62 miles away|12 min walk

35th Street & Aberdeen

1.66 miles away|32 min walk

35th Street & Cottage Grove

0.8 miles away|16 min walk

35th Street & Federal

0.64 miles away|13 min walk

35th Street & Giles

0.59 miles away|12 min walk

35th Street & Halsted

1.33 miles away|26 min walk

35th Street & Indiana

0.56 miles away|11 min walk

The Neighbourhood: Bronzeville

Bronzeville sits on Chicago’s South Side near museums, parks, and transit hubs. DuSable Museum of African American History anchors local cultural activity and hosts exhibits. Washington Park offers wide green space, sports fields, and walking paths. Navy Pier provides rides, ferris wheel views, and seasonal festivals to visitors from across the city. Guaranteed Rate Field draws baseball fans for games and events near this district. CTA Red Line serves local riders and links to downtown. Metra Electric District connects the area with the lakefront and south suburbs. CTA buses run frequent routes through this district and support short trips. Valois and other restaurants serve simple meals to residents and guests. Promontory and neighborhood bars host live music and evening gatherings. Shops and galleries display art and sell everyday goods on street level. Small businesses occupy ground floors of older buildings and provide many local jobs. Parks and lakefront paths offer space for walking, biking, and dog care. Residents walk to stores, use transit, and attend cultural events at local venues. Demographic data shows the most common age group falls between 25 to 29 years old and that households with 1 person make up the largest share.

Next

Neighbourhood Description

Bronzeville sits on Chicago’s South Side near museums, parks, and transit hubs. DuSable Museum of African American History anchors local cultural activity and hosts exhibits. Washington Park offers wide green space, sports fields, and walking paths. Navy Pier provides rides, ferris wheel views, and seasonal festivals to visitors from across the city. Guaranteed Rate Field draws baseball fans for games and events near this district. CTA Red Line serves local riders and links to downtown. Metra Electric District connects the area with the lakefront and south suburbs. CTA buses run frequent routes through this district and support short trips. Valois and other restaurants serve simple meals to residents and guests. Promontory and neighborhood bars host live music and evening gatherings. Shops and galleries display art and sell everyday goods on street level. Small businesses occupy ground floors of older buildings and provide many local jobs. Parks and lakefront paths offer space for walking, biking, and dog care. Residents walk to stores, use transit, and attend cultural events at local venues. Demographic data shows the most common age group falls between 25 to 29 years old and that households with 1 person make up the largest share.

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3041 S Michigan Ave Demographics

This neighborhood indicates a good mix of people which makes it a good place for families. About 14.23% are children aged 0–14, 24.03% are young adults between 15–29, 20.01% are adults aged 30–44, 17.99% are in the 45–59 range and 23.75% are seniors aged 60 and above. Commuting options are also varying where 51.67% of residents relying on driving, while others prefer public transit around 25.42%, walking around 6.43%, biking around 2.18%, allowing residents to choose travel modes that best fit their daily routines. Most homes in the area are with 68.8% of units are rented and 31.2% are owner occupied. The neighborhood offers different household types. About 19.84% are single family homes and 3.93% are multi family units. Around 47.91% are single-person households, while 52.09% are multi person households. This mix works well for families, roommates, and individuals. Education levels in the neighborhood vary widely where 22.13% of residents have bachelor’s degrees. Around 19.97% have high school or college education. Another 4.7% hold diplomas while 18.08% have completed postgraduate studies. The remaining are 35.13% with other types of qualifications.

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Demographics Description

This neighborhood indicates a good mix of people which makes it a good place for families. About 14.23% are children aged 0–14, 24.03% are young adults between 15–29, 20.01% are adults aged 30–44, 17.99% are in the 45–59 range and 23.75% are seniors aged 60 and above. Commuting options are also varying where 51.67% of residents relying on driving, while others prefer public transit around 25.42%, walking around 6.43%, biking around 2.18%, allowing residents to choose travel modes that best fit their daily routines. Most homes in the area are with 68.8% of units are rented and 31.2% are owner occupied. The neighborhood offers different household types. About 19.84% are single family homes and 3.93% are multi family units. Around 47.91% are single-person households, while 52.09% are multi person households. This mix works well for families, roommates, and individuals. Education levels in the neighborhood vary widely where 22.13% of residents have bachelor’s degrees. Around 19.97% have high school or college education. Another 4.7% hold diplomas while 18.08% have completed postgraduate studies. The remaining are 35.13% with other types of qualifications.

Age Demographics

0–14 Years

14.23%

15–29 Years

24.03%

30–44 Years

20.01%

45–59 Years

17.99%

60+ Years

23.75%

Commute

25.42%

Transit

6.43%

Walk

51.67%

Drive

2.18%

Bike

Housing Ownership

31.2%

Owner Occupied

68.8%

Rental Units

Household Types

Single Family
19.84%
Multi Family
3.93%
Single Person
47.91%
Multi Person
52.09%

Average Income

Household:$5,322,356.05 /yr

Individual:$3,325,963.66 /yr

Education

Bachelors Degree22.13%
High School College19.97%
Diploma4.7%
Post Graduate18.08%
Others35.13%
Next

Education

Diploma4.7%
Post Graduate18.08%
Others35.13%
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  1. Home
  2. /Chicago, IL
  3. /
    3041 S Michigan Ave
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ZIP Codes
600206004660073
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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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EmailIConpaul@illinoispropertysearch.com
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