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    2901 S Michigan Ave, Unit 2109 Chicago, IL 60616

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    For Sale
    $124,900

    Studio with north-facing views, modern amenities, and convenient location.

    Property size:
    500 SF

    Property Features for 2901 S Michigan Ave

    General Information

    Size
    500 SF

    Building Details

    Year built
    1973

    Source: KW ONEChicago Agent Monica Lungu

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Studio with Panoramic Downtown View

    This studio unit offers a north-facing view with floor-to-ceiling windows providing panoramic downtown and lake vistas. The unit features modern kitchen and bathroom amenities, along with generous closet space. The property is located minutes from downtown, steps away from public transportation, and a short distance from White Sox Park and Mercy Hospital. It is also near a major expressway. Parking rentals are available on a first-come, first-served basis; contact the management office for availability. Owners who purchased the unit on or after June 1, 2025, are restricted from renting their unit except in approved hardship situations, and no short-term or vacation rentals such as Airbnb are allowed. The property is located at 2901 S MICHIGAN Avenue #2109, Chicago, IL 60616 and has a size of 500 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    National Home Buyers ... Mortgage Lender Figgro Consultant Ganamax Insurance Insurance Agency Worden-Mcguine Mary Medical Clinic Nurse Now Immediate ... Nurse Practitioner

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6225823
    Latitude
    41.840237

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    FAQs

    What type of property is this?
    Apartment building - Studio with north-facing views, modern amenities, and convenient location.
    Where is this apartment building located?
    The property is located at 2901 S Michigan Ave, Unit 2109 Chicago, IL.
    What is the asking price?
    The asking price for this property is $124,900.
    What are key features of this property?
    This property features: - Breathtaking north-facing panoramic views of downtown and the lake from floor-to-ceiling windows.; - Prime location minutes from downtown and steps from public transportation.; - Modern kitchen and bathroom amenities.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2901 S Michigan Ave, Unit 2109 Chicago, IL 60616
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