Prime Investment Opportunity: 1-Bedroom Condo in Downtown Chicago!
Pending
29XX S Michigan Ave apt 1504, Chicago, IL 60616, USA
Prime Investment Opportunity: 1-Bedroom Condo in Downtown Chicago!
Overview
- Residential
- 1
- 1
- 600
Description
Prime Investment Opportunity in the Heart of Chicago! šļøš
Explore this fantastic investment opportunity located at 29XX S Michigan Ave Apt 1504 in the vibrant city of Chicago. This well-appointed unit offers comfortable living with 1 bedroom and 1 bathroom, ideal for urban dwellers or savvy investors.
Property Details:
- Address: 29XX S Michigan Ave Apt 1504, Chicago, IL 60616
- Bedrooms/Bathrooms: 1 bed, 1 bath
- Listing Price:
- ARV: $120,000
- Rehab Estimate: $30,000
Rental Potential:
- Rental Income: $1,500/month
- Cap Rate: 6.18%
- HOA: $490/month
Comparables:
- 2901 S Michigan Ave Unit 805, Chicago, IL 60616 sold for $120,000
- 2901 S Michigan Ave APT 405, Chicago, IL 60616 sold for $125,000 on 09/15/23
- 2941 S Michigan Ave APT 207, Chicago, IL 60616 sold for $121,050 on 10/13/23
Don’t miss out on this prime opportunity to invest in the dynamic Chicago real estate market!
For Inquiries and Viewing Requests, Call Now: (773) 985-7343
Learn more about Chicago’s vibrant lifestyle: Click Here!
Details
Updated on April 25, 2024 at 9:14 pm- Price: [Pending]
- Property Size: 600 sqft
- Bedroom: 1
- Bathroom: 1
- Property Type: Residential
- Property Status: Pending
Address
Open on Google Maps- Address 29XX S Michigan Ave apt 1504, Chicago, IL 60616, USA
- City Chicago
- State/county Illinois
- Zip/Postal Code 60616
- Country United States
