210 S Desplaines Street #1409
Chicago, IL, 60661
$255,000
1 Beds
1 Baths
770 SqFt
0 Acres
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$255,000
210 S Desplaines Street #1409
Chicago, IL, 60661
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Looking for investors who want to start generating income on day 1. Unit is leased until 6/30/2024 with a qualified tenant. Parking is included in the lease. Unit is rented for $2200 until 6/30/2023, then $2260 from 7/1/2023 to 6/30/2024. Gorgeous renovated 1 bedroom high floor condo with North / East facing view in the West Loop. Assessment $596.08 includes Cable TV, Heat, AC, Cooking Gas, Water, Trash, Door Staff, Exterior Maintenance, Lawn Care, Snow Removal, Exercise Facilities, and 1 Indoor Parking Spot (#51 on first floor). Tenant is paying electric & internet separately. Nearly 800 sq ft (not including balcony) open floor plan with private balcony. Floor to ceiling windows in living room with tons of natural light. Stainless appliances are brand new from 2022 : fridge, microwave, stove, dishwasher. New toilet, washer/ dryer and garbage disposal. Large primary bedroom with walk-in closet and newer wood floors. 24 hour door staff, exercise room, community center, bike storage are available. 2 pets are allowed per unit per HOA. Walking distance to restaurants, parks, grocery stores and more. Investor friendly building. Reserves $607,366 as of 3/15/2023. Storage in basement #1409 included in price. Parking #51 on first floor for additional $25,000. Tenant occupied so at least 48 advanced notice is required. Pre-approval letter or bank statements are required before any showings.

Property Details

Price:
$255,000 / $270,000
MLS #:
MRD11790159
Status:
Closed ((Jun 30, 2023))
Beds:
1
Baths:
1
Address:
210 S Desplaines Street #1409
Type:
Condo
Subdivision:
The Edge
City:
Chicago
Listed Date:
May 23, 2023
State:
IL
Finished Sq Ft:
770
ZIP:
60661
Year Built:
2004

Schools

School District:
299

Interior

Appliances
Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Cooktop, Gas Cooktop, Gas Oven
Bathrooms
1 Full Bathroom
Cooling
Central Air
Heating
Forced Air
Laundry Features
In Unit

Exterior

Exterior Features
Balcony
Parking Spots
1

Financial

Buyer Agent Compensation
2.5% – 500% of Net Sale Price
HOA Fee
$597
HOA Frequency
Monthly
HOA Includes
Heat, Air Conditioning, Water, Gas, Parking, Insurance, Doorman, TV/Cable, Exercise Facilities, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
Tax Year
2021
Taxes
$5,983
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Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.

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210 S Desplaines Street #1409
Chicago, IL