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Investment Opportunity: High-Rise Condo with North-Facing Views and Long-Term Tenant. Prime investment opportunity at Park Place Tower, this 38th-floor condo offers breathtaking north-facing views of the city and Lake Michigan. Currently rented until 8/31/2025, this unit is perfect for investors seeking a property with immediate rental income. This condo features a modern open floor plan, recently painted with new carpet in the primary bedroom. The den can function as a second bedroom or office space, adding versatility. The updated kitchen is equipped with sleek stainless steel appliances, ample counter space, and abundant cabinetry. Natural light floods the living room through large windows, highlighting the stunning views. The primary bedroom offers new carpet and storage options, while hardwood floors enhance the main living area's modern appeal. The remodeled bathroom boasts elegant fixtures and finishes. Park Place Tower amenities include a 24-hour doorperson, fitness center, swimming pool, and a deck with spectacular city views. The location provides easy access to top dining, shopping, and entertainment. Rent covers Cable TV, Heat, Water, Parking, Pool, Scavenger, Doorman, Internet Access, and Wi-Fi. Secure your investment in a desirable location with excellent tenant occupancy until 2025. Don't miss this chance to add a high-value property to your portfolio! Current rent is $2,600.
| Address |
655 W IRVING PARK
Unit# 3804 Chicago, IL 60613 |
| Listing Status | Closed |
| Sold Price | $190,000 |
| Asking Price | $237,500 |
| Original Listing | $237,500 @ |
| Escrow Date | 2024-08-30 |
| Closing Date | 2024-09-24 |
| Off-Market Date | 2024-08-30T05:00:00Z |
| Days on MLS |
| Property Type | Condo |
| Asssessment | $868 |
| HOA Amenities | Bike Room/Bike Trails, Door Person, Coin Laundry, Commissary, Elevator(s), Exercise Room, Storage, Health Club, On Site Manager/Engineer, Party Room, Sundeck, Pool, Receiving Room, Service Elevator(s), Valet/Cleaner |
| Square Footage | Not Disclosed |
| Bedrooms | 1 |
| Full Bathrooms | 1 |
| Directions | LAKE SHORE DRIVE TO IRVING WEST TO 655 |
| Neighborhood | Lake View |
| School District | Not Listed |
| County | Cook |
| Tax PIN | 14211010542370 |
| Property Tax | $4,174 for the year 2022 |
| Year Built | 1973 |
| Laundry Location | Common Area |
| Elevator | Not Listed |
| Cooling | Central Air, Zoned |
| Heating | Forced Air |
| Sewer/Septic | Public Sewer |
| Fireplaces | Not Listed (0) |
| Interior Features | Elevator, Hardwood Floors, Theatre Room, Storage, Walk-In Closet(s), Doorman, Lobby |
| Additional Parcels | No |
| Additional Parcels Description | 14211010541794 |
| Appliances | Range, Microwave, Dishwasher, Refrigerator |
| Association Fee Frequency | Monthly |
| Basement | None |
| Electric | Circuit Breakers |
| High School District | 299 |
| Living Area Source | Appraiser |
| New Construction | No |
| Platform | MRED |
| AOR | |
| MLS Number | MRD11835110 |
| Courtesy of | Baird & Warner |
https://www.chicagotopcondos.com/MRD11835110
| Style | Attached Single |
| Material | In Ground Pool,Storms/Screens,Outdoor Grill |
| Lot Size | COMMON |
| Fencing | Not Listed |
| Topography | Not Listed |
| Swimming Pool | Not Listed |
| Parking |
Assigned
Total Spaces: 1
Garage Spaces:
Non-Garage Spaces:
0 -
|
| View | Not Listed |