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TURN KEY INVESTMENT OPPORTUNITY This 1-bedroom, 1-bathroom condo in the heart of River North comes with a well-qualified tenant already in place on a newly signed 12-month lease. That means rental income starts the day you close, with no vacancy, no leasing costs, and no tenant search. Unit 1303 sits on the 13th floor and offers city views, an efficient open layout, and a comfortable bedroom with ample closet space. It's a low-maintenance unit that appeals to renters, which makes it easy to lease again when the current term ends. The building offers full amenities, including a 24-hour door staff, fitness center, and rooftop pool / sundeck. The location is hard to beat: steps to the Magnificent Mile, top restaurants, nightlife, shopping, and the Red Line, with easy access to the Loop and Lake Michigan. Downtown demand for rentals is strong year after year. Whether you're expanding your portfolio or buying your first rental, this unit offers a steady income, a prime location, and an easy purchase.
| Address |
10 E Ontario Street
Unit #1303 Chicago, IL 60611 |
| Listing Status | Active |
| Asking Price | $275,000 |
| Special Listing Conditions | None |
| Offered for Sale or Rent | No |
| Property Type | Residential |
| Rooms | Balcony/Porch/Lanai |
| Square Footage | 845 sq ft (Builder) |
| Bedrooms | 1 |
| Bathrooms | 1 full |
| Total Rooms | 4 |
| Disability Access | No |
| Basement | None |
| Basement Bathroom | No |
| Year Built | 1981 |
| Built Before 1978 | No |
| Rehabbed | No |
| Rebuilt | No |
| New Construction | No |
| Property Style | Attached Single |
| Stories | 51 |
| Unit Floor | 13 |
| Units in Building | 467 |
| Exterior Materials | Glass, Concrete |
| HOA Fee | $751.00 per month |
| HOA Fee Includes | Heat, Water, Insurance, Exercise Facilities, Pool, Exterior Maintenance, Scavenger, Snow Removal |
| Special Assessments | No |
| Association Amenities | Bike Room/Bike Trails, Door Person, Coin Laundry, Elevator in Residence, Exercise Room, On Site Manager/Engineer, Party Room, Sundeck, Pool, Security Door Lock(s), Valet/Cleaner, Public Bus |
| Management Company | First Residential |
| Management Contact | Manager |
| Management Phone | 312-337-5722 |
| Board Number | 8 |
| Pets Allowed | Cats OK, Dogs OK, Number Limit, Size Limit |
| Maximum Pet Weight | 50 |
| Owner May Rent Unit | Yes |
| Water Source | Public |
| Sewer | Public Sewer |
| Heating | Electric |
| Cooling | Central Air |
| Neighborhood | CHI - Near North Side |
| Township | North Chicago |
| Directions | North of Grand; South of Chicago. East of State St. |
| Middle School District | 299 |
| High School District | 299 |
| Tax Exemptions | None |
| Ownership | Condo |
| Possession | Closing |
| Broker Owned or Interest | No |
| Additional Parcels | No |
| General Information | None |
| Currently Leased | Yes |
| County | Cook |
| Tax PIN | 17101110141405 |
| Property Tax | $5,382.7 for the year 2024 |
| Street Locator |
South of Chicago Avenue South of Division Street East of La Salle West of Michigan Avenue South of North Avenue North of Roosevelt Road |
| Distance to L | 0.1 miles · Grand (Red) |
| Distance to Starbucks | 0.1 miles · Starbucks, 600 N State St |
| Distance to Lake Michigan | 0.6 miles |
| Corporate Limits | Chicago |
| Platform | MRED |
| MLS Number | MRD12744686 |
| Courtesy of | Real Broker LLC |
https://www.chicagotopcondos.com/MRD12744686
| Address | Unit | List Price | Status |
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