Investor-Ready 1 Bedroom Convertible at Ontario Place: Leased Through [2028] This is a turnkey investment in the heart of River North. Unit #1506 is a 1-bedroom, 1-bathroom convertible of about [765] sq ft. It's currently leased for two years, so you get steady rental income from day… Read More one without having to find a tenant. The flexible layout is a big part of the value. The convertible space can be closed off as a home office, a guest room or a second sleeping area. Renters want that kind of flexibility, which helps keep the unit in demand at lease renewal or resale. Large windows bring in natural light, and the kitchen and bathroom are [updated / well maintained]. Ontario Place is a full-service building that allows rentals, making it a proven choice for investors. Residents get 24-hour door staff and concierge, a pool, a fitness center, a sauna, a business center, a residents' lounge, a party room and a bike room. Pets are welcome, which widens the pool of renters. The location is steady rental demand on its own. You're steps from the Magnificent Mile, the Riverwalk, the Red Line, major employers and some of Chicago's best restaurants and shopping. Secure income, a flexible layout and a full-service building. Ask about lease terms and financials. Tenant-occupied: 24-hour notice required for all showings. Please respect the tenant's privacy and do not disturb them. Read Less
Courtesy of Real Broker LLC (630) 209-6111
Listing Snapshot
Days Online
4
Last Updated
Property Type
Townhouse
Beds
1
Full Baths
1
Square Ft.
765
Year Built
1981
MLS Number
12791136
Additional Details
Appliances & Equipment
Range, Microwave, Dishwasher, Refrigerator
Building
Built in 1981, Living area: 765, 51 stories, Entry level: 15, Construction Materials: Glass, Concrete
Cooling
Central Air
Garage
1 space
Heating
Electric
Home Owner's Association
Fee Frequency: Not Applicable, Fee Includes: None, Amenities: Bike Room/Bike Trails, Door Person, Coin Laundry, Exercise Room, Party Room, Sundeck, Pool, Sauna, Steam Room, Spa/Hot Tub, Elevator(s)
Lot
Dimensions: COMMON
Parking
1 total parking space, Garage Door Opener, Yes, Garage Owned, Attached, Garage
Listings courtesy of Midwest Real Estate Data LLC. as distributed by MLS GRID, based on information submitted to the MLS GRID as of . Information is provided exclusively for consumers' personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may be listed or sold by various participants in the MLS, who may not be the office/agent presenting the information.
Confirm your time
Fill in your details and we will contact you to confirm a time.