10 E Ontario Street #1506
Chicago, IL, 60611
$230,000
1 Beds
1 Baths
765 SqFt
0 Acres
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$230,000
10 E Ontario Street #1506
Chicago, IL, 60611
MLS #MRD12791136 image #0MLS #MRD12791136 image #1MLS #MRD12791136 image #2MLS #MRD12791136 image #3MLS #MRD12791136 image #4MLS #MRD12791136 image #5MLS #MRD12791136 image #6MLS #MRD12791136 image #7MLS #MRD12791136 image #8MLS #MRD12791136 image #9MLS #MRD12791136 image #10MLS #MRD12791136 image #11MLS #MRD12791136 image #12MLS #MRD12791136 image #13MLS #MRD12791136 image #14MLS #MRD12791136 image #15MLS #MRD12791136 image #16MLS #MRD12791136 image #17MLS #MRD12791136 image #18MLS #MRD12791136 image #19
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 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.

Property Details

Price:
$230,000
MLS #:
MRD12791136
Status:
Active
Beds:
1
Baths:
1
Type:
Condo
Neighborhood:
chinearnorthside
Listed Date:
Oct 28, 2026
Finished Sq Ft:
765
Year Built:
1981
Parking TotalChi – Near North SideChinearnorthside

Schools

School District:
299

Interior

Appliances
Range, Microwave, Dishwasher, Refrigerator
Bathrooms
1 Full Bathroom
Cooling
Central Air
Heating
Electric

Exterior

Association Amenities
Bike Room/Bike Trails, Door Person, Coin Laundry, Exercise Room, Party Room, Sundeck, Pool, Sauna, Steam Room, Spa/Hot Tub, Elevator(s)
Construction Materials
Glass, Concrete
Garage Spaces
1
Parking Features
Garage Door Opener, Yes, Garage Owned, Attached, Garage
Parking Spots
1
Parking Total
1

Financial

HOA Fee Frequency
Not Applicable
HOA Includes
None
Tax Year
2025
Taxes
$3,652
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Debra Dobbs is one of Chicago’s top realtors with more than 42 years in the real estate business.

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Current real estate data for Condo in Chicago as of Nov 03, 2026
3,015
Condo Listed
68
Avg DOM
377
Avg $ / SqFt
$652,366
Avg List Price

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Property Summary

    10 E Ontario Street #1506 Chicago IL is a Condo for sale in Chicago, IL, 60611. It is listed for $230,000 and features 1 beds, 1 baths, and has approximately 765 square feet of living space, and was originally constructed in 1981. The current price per square foot is $301. The average price per square foot for Condo listings in Chicago is $377. The average listing price for Condo in Chicago is $652,366. To schedule a showing of MLS#mrd12791136 at 10 E Ontario Street #1506 in Chicago, IL, contact your Compass | Debra Dobbs | The Dobbs Group agent at 3123074909.
10 E Ontario Street #1506
Chicago, IL