$225,000
3930 N Pine Grove Avenue #604
Chicago, IL, 60613
**Investor Alert**: This turnkey condo offers a strong ~5.7 cap rate with full occupancy and low overhead. Located in a desirable, high-demand neighborhood, it delivers steady cash flow plus long-term appreciation potential. With updated finishes, stable HOA, and reliable rental history, this is a low-maintenance addition to any portfolio. South-facing and sun-drenched, this spacious 1-bedroom, 1-bath condo sits in the heart of Lakeview at the full-amenity Lake Park Plaza. Floor-to-ceiling windows, hardwood floors, and an open-concept layout make this home perfect for both entertaining and everyday living. The updated kitchen features flat-panel cabinetry, a mosaic tile backsplash, stainless steel appliances, and a peninsula with seating. The oversized living room easily fits both lounge and dining areas. The king-sized bedroom offers new carpet, abundant closet space, and large windows. A modern bath and additional entry storage complete the home. Currently rented through May 2026 for $1,950/month. Owners may rent with a 12-month lease (no Airbnb or short-term rentals). FHA-approved building. Lake Park Plaza offers full-service amenities: Outdoor pool + landscaped sundeck with BBQ grills & fire pits Fitness center, tennis/pickleball court & basketball court 24/7 door staff & on-site management Receiving room & Go Grocer Bike storage, private storage cage, party room & dog run Parking: Valet ($221) or self-park ($246), based on availability. **48 hour notice for all showings. No exceptions**
Property Details
Price:
$225,000
MLS #:
MRD12447008
Status:
Active
Beds:
1
Baths:
1
Address:
3930 N Pine Grove Avenue #604
Type:
Condo
Neighborhood:
CHI – Lake View
City:
Chicago
Listed Date:
Aug 14, 2025
State:
IL
Finished Sq Ft:
750
ZIP:
60613
Year Built:
1971
Schools
School District:
299
Elementary School:
Brenneman Elementary School
Middle School:
Brenneman Elementary School
High School:
Senn High School
Interior
Bathrooms
1 Full Bathroom
Cooling
Central Air
Flooring
Carpet, Wood
Heating
Forced Air
Laundry Features
Common Area
Exterior
Association Amenities
Bike Room/ Bike Trails, Door Person, Coin Laundry, Commissary, Elevator(s), Exercise Room, Storage, Health Club, Party Room, Sundeck, Pool, Receiving Room, Service Elevator(s), Tennis Court(s), In Ground Pool, Public Bus
Construction Materials
Brick
Exterior Features
Outdoor Grill
Parking Features
Heated Garage, On Site, Attached, Garage
Parking Spots
1
Financial
HOA Fee
$694
HOA Frequency
Monthly
HOA Includes
Heat, Air Conditioning, Water, Gas, Insurance, Security, Doorman, Exercise Facilities, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Internet
Tax Year
2023
Taxes
$2,191
Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.
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3930 N Pine Grove Avenue #604
Chicago, IL
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