1451 E 55th Pl Unit 1030N
Chicago, IL 60637
3 Beds2 Baths1,280 Sq Ft29 Days on Market
For Sale $228,000
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Courtesy of YOUMU VENTURES LLC
Listing Agent & Comments
This top-floor corner unit features 3 bedrooms and 2 bathrooms, and has been recently renovated. It is fully occupied under a stable two-year lease, making it a strong income-generating asset from day one. The unit's unique layout, partial lake views, and prime location make it an excellent opportunity for investors, especially those targeting University of Chicago student housing demand. A washer and dryer are included in the unit for added convenience. The building offers a range of desirable amenities, including a front desk with door staff, an outdoor pool, a health club, a community room, and storage. Garage parking is also included with the unit. The lease runs from May 15, 2025 to May 15, 2026 at $2,800 per month, and from May 15, 2026 to May 15, 2027 at $2,950 per month. With an existing 8 cap rate and low risk profile, this property presents a solid and promising turnkey investment.
MLS# MRD12402529 • Data provided by MRED as distributed by MLS Grid
Living Area | 1,280 Sq.Ft. |
---|---|
Lot Size | 5.6 Acres |
Total Rooms | -- |
Bedrooms | 3 |
Bathrooms | 2 |
Stories | 1 |
Year Built | 1978 |
Property Type | Condo |
Zoning | -- |
HOA Name | -- |
HOA Fee | $1,100 monthly |
HOA Includes | Heat,Water,Gas,Parking,Insurance,Security,Pool,Exterior Maintenance,Lawn Care,Scavenger,Snow Removal |
Tax Year | 2023 |
Tax Amount | $3,176 |
Property in Flood Zone | -- |
Basement | No |
Pool | No |
Data provided by MRED as distributed by MLS Grid.
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Comparable properties and forecast
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HouseCanary, Inc. Brokerage
1451 E 55th Pl, Unit 1030N, Chicago, IL 60637
Condo3 Beds2 Baths1,280 Sq Ft29 Days on Market
Listing Agent & Comments
This top-floor corner unit features 3 bedrooms and 2 bathrooms, and has been recently renovated. It is fully occupied under a stable two-year lease, making it a strong income-generating asset from day one. The unit's unique layout, partial lake views, and prime location make it an excellent opportunity for investors, especially those targeting University of Chicago student housing demand. A washer and dryer are included in the unit for added convenience. The building offers a range of desirable amenities, including a front desk with door staff, an outdoor pool, a health club, a community room, and storage. Garage parking is also included with the unit. The lease runs from May 15, 2025 to May 15, 2026 at $2,800 per month, and from May 15, 2026 to May 15, 2027 at $2,950 per month. With an existing 8 cap rate and low risk profile, this property presents a solid and promising turnkey investment.
MLS# MRD12402529 • Data provided by MRED as distributed by MLS Grid
Living Area | 1,280 Sq.Ft. |
---|---|
Lot Size | 5.6 Acres |
Total Rooms | -- |
Bedrooms | 3 |
Bathrooms | 2 |
Stories | 1 |
Year Built | 1978 |
Property Type | Condo |
Zoning | -- |
HOA Name | -- |
HOA Fee | $1,100 monthly |
HOA Includes | Heat,Water,Gas,Parking,Insurance,Security,Pool,Exterior Maintenance,Lawn Care,Scavenger,Snow Removal |
Tax Year | 2023 |
Tax Amount | $3,176 |
Property in Flood Zone | -- |
Basement | No |
Pool | No |
Data provided by MRED as distributed by MLS Grid.
This property is missing data for:
Comparable properties and forecast
New
Do you own this home?
Access your homeowner dashboard
For Sale $228,000
Save
Courtesy of YOUMU VENTURES LLC
1451 E 55th Pl Unit 1030N
Chicago, IL 60637
3 Beds2 Baths1,280 Sq Ft29 Days on Market
Listing Agent & Comments
This top-floor corner unit features 3 bedrooms and 2 bathrooms, and has been recently renovated. It is fully occupied under a stable two-year lease, making it a strong income-generating asset from day one. The unit's unique layout, partial lake views, and prime location make it an excellent opportunity for investors, especially those targeting University of Chicago student housing demand. A washer and dryer are included in the unit for added convenience. The building offers a range of desirable amenities, including a front desk with door staff, an outdoor pool, a health club, a community room, and storage. Garage parking is also included with the unit. The lease runs from May 15, 2025 to May 15, 2026 at $2,800 per month, and from May 15, 2026 to May 15, 2027 at $2,950 per month. With an existing 8 cap rate and low risk profile, this property presents a solid and promising turnkey investment.
MLS# MRD12402529 • Data provided by MRED as distributed by MLS Grid
Living Area | 1,280 Sq.Ft. |
---|---|
Lot Size | 5.6 Acres |
Total Rooms | -- |
Bedrooms | 3 |
Bathrooms | 2 |
Stories | 1 |
Year Built | 1978 |
Property Type | Condo |
Zoning | -- |
HOA Name | -- |
HOA Fee | $1,100 monthly |
HOA Includes | Heat,Water,Gas,Parking,Insurance,Security,Pool,Exterior Maintenance,Lawn Care,Scavenger,Snow Removal |
Tax Year | 2023 |
Tax Amount | $3,176 |
Property in Flood Zone | -- |
Basement | No |
Pool | No |
Data provided by MRED as distributed by MLS Grid.
This property is missing data for:
Comparable properties and forecast
New
Do you own this home?
Access your homeowner dashboard
For Sale $228,000
Save
Courtesy of YOUMU VENTURES LLC