Back 516/2921 South Michigan Avenue
Off Market

516/2921 South Michigan Avenue

Chicago IL 60616

1
1
700 sq. ft.
Condo
Last sold for $101,000
Pamela BrownPamela Brown, last sold this property on 02 February 2026 after 52 days on market.

Overview

Charming studio condo in the beautiful and historic **Douglas** neighborhood-just steps from the **lakefront, downtown access, parks, public transit, and some of Chicago's best restaurants**. This bright and efficient space offers great natural light and a flexible layout, with **minor cosmetic updates needed** to make it truly shine. Perfect for first-time buyers, investors, or anyone looking for an affordable home in a highly desirable location. Enjoy convenience, walkability, and unbeatable proximity to the city-all at an incredible value!

Features

1 bathroom
1 carspace
700 sq. ft. floor area
Condo

Estimated Value

Based on this property and similar condos sold in Chicago over the last 12 months, the estimated median property value of 516/2921 South Michigan Avenue is $349k.

Median value
$349k
Estimated value range
$90k - $1.25m
Median days on market
16
Estimated value trend
9%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Chicago. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 516/2921 South Michigan Avenue

2026
Sold
$101,000
02 Feb 2026 by Pamela Brown, of Baird & Warner

Happy sellers in Chicago

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We have insufficient information to provide an overview of customer satisfaction for Chicago. Viewing the agent profiles, reviews and sales for Chicago can provide insights for this location.

Local market activity for condos in Chicago

In the last 12 months, 325 condos similar to 516/2921 South Michigan Avenue, have been sold.

This represents a 6% increase in condos sales when compared to the previous 12 months.

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