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2901 Michigan Ave

Chicago, IL 60616

1 bd 1 ba 850 sqft Built 1969 condos
Most recent sale
$105,000
Aug 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 15, 2022 Sold $105,000 MLS #11458521
Jul 8, 2022 Listed $99,000 MLS #11458521
Oct 26, 2020 Sold $73,000 Public Record
Sep 4, 2020 Sold $73,000 MLS #10805450
Aug 4, 2020 Listed $79,000 MLS #10805450
Sep 29, 2014 Sold $60,000 MLS #08603605
May 3, 2014 Listed $45,900 MLS #08603605
Jun 23, 2005 Sold $120,000 Public Record
Apr 17, 2002 Sold $85,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $6,219 $2,150 $8,369 $1,771
2022 $6,219 $2,150 $8,369 $1,726
2021 $6,219 $2,150 $8,369 $1,687
2020 $3,603 $1,759 $5,362 $503
2019 $4,140 $1,759 $5,899 $496
2018 $4,140 $1,759 $5,899 $487
2017 $2,709 $1,466 $4,175 $185
2016 $2,709 $1,466 $4,175 $836
2015 $2,709 $1,466 $4,175 $765
2014 $2,019 $1,246 $3,265 $129
2013 $2,019 $1,246 $3,265 $116
2012 $2,496 $1,246 $3,742 $224
2011 $5,040 $1,466 $6,506 $727
2010 $5,040 $1,466 $6,506 $763
2009 $6,667 $1,466 $8,133 $969
2008 $8,575 $371 $8,946 $942
2007 $9,609 $371 $9,980 $913
2006 $9,609 $371 $9,980 $906

Property facts

Year built
1969
Property type
condos
Stories
21
Beds
1
Baths
1
Living area
850 sqft
Lot size
ZIP code
60616
City
Chicago
Street
Michigan Ave
Coordinates
41.84023, -87.62258

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$630
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 2901 Michigan Ave last sell?
2901 Michigan Ave most recently sold on Aug 15, 2022 for $105,000.
What is the current tax assessment for 2901 Michigan Ave?
The most recent total assessment for 2901 Michigan Ave (year 2023) is $8,369 with $1,771 in property tax.
How does 2901 Michigan Ave's assessment compare to its last sale price?
The current assessment is 92.0% below the last sale price of $105,000.
When was 2901 Michigan Ave built?
2901 Michigan Ave was built in 1969.
How does 2901 Michigan Ave compare to others on Michigan Ave?
We track 8 other properties on Michigan Ave. Browse the list under "Other properties on Michigan Ave" to compare beds, baths, and sale history.
What are the property facts for 2901 Michigan Ave?
2901 Michigan Ave is a 1 bed, 1 bath, 850 sqft condos.
Is 2901 Michigan Ave a flip candidate?
Yes — 2901 Michigan Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 2901 Michigan Ave a tax-appeal candidate?
No — 2901 Michigan Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+0.4%
Implied 1-yr
+1.7%
2026 Q3
$436.9K
2026 Q4
$438.7K
ZIP 60616 — Median Price History + Forecast

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