2921 S Michigan Avenue 204, Chicago, IL 60616

$110,000 Asking Price

1 bed
1 bath
680  sqft
Built in 1978

Buyer financing has not gone through. Back to the market. Cash buyer only! Location, location, location! An affordable price for this one bedroom one bathroom home with super high balcony in downtown Chicago, just walking distance from IIT. Very rare design of this unique balcony: Unit 304,404 does not have balcony, therefore this unit displays three stories high balcony in its back, please see last photo. The property is located near the downtown loop, with easy access to highways I-90/94 and I-290, as well as Lake Shore Drive. Convenient transit options are just minutes away, with a short walk to bus stops and a fifteen-minute walk to the green/ red lines metro station. Dunbar Park is conveniently located right across the street, providing access to playgrounds, tennis courts, & basketball courts for outdoor enjoyment. An outdoor swimming pool is also available for residents to cool off in the summer. From the balcony, you can enjoy a homey courtyard view. This building offers lots of convenient services, including coin-operated laundry in the first floor, on-site management, round-the-clock security, timed maintenance, and engineering services. The monthly assessment includes water, gas, and radiant heating. The property is being sold "as-is" condition. This is a rare opportunity to make cozy unit your new Chicago home at such a great price! Don't miss out!

Features & Amenities

Interior

General:
Elevator, Storage
Rooms:
No additional rooms
Laundry:
Common Area
Basement:
None
A/C:
Window/Wall Unit - 1
Heating:
Natural Gas, Radiant
Disability Feature:
None

Exterior

General:
Brick, Balcony
Parking:
Parking spaces: 0

Location

HOA Amenities:
Coin Laundry, Elevator(s), Storage, On Site Manager/Engineer, Pool, Heat, Water, Insurance, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, 413.0, Monthly
Originating MLS:
mred
School District:
299
County:
Cook

Lot

Zoning:
17273100931081

Utilities

Utilities:
100 Amp Service
Water:
Lake Michigan
Sewer:
Public Sewer

Financial

Source:
mred
Ownership:
Fee Simple

This listing courtesy of:
Newlife Realty LLC, Yunmei Luo

About Chicago, IL

Housing

Number of Units
1,208,010
Median Home Value
$320,169
Median Rent
$1,131

55.74% of housing units are renter occupied.

9.90% are vacant.

Commute

Car
44.88%
Public Transportation
19.46%
Walk to Work
4.26%
Work from Home
29.59%
Other
0.70%

The median travel time to work is 27 minutes.

People

Population
2,658,686
Median Age
36.40
Median Household Size
2.54

Education

High School
22.12%
Associate’s Degree
5.76%
Bachelor’s Degree
24.28%
Graduate Degree
17.51%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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