Prime Investment Opportunity: 1-Bedroom Condo in Downtown Chicago!

  • [Pending]
29XX S Michigan Ave apt 1504, Chicago, IL 60616, USA
Pending

Prime Investment Opportunity: 1-Bedroom Condo in Downtown Chicago!

29XX S Michigan Ave apt 1504, Chicago, IL 60616, USA
  • [Pending]

Overview

  • Residential
  • Property Type
  • 1
  • Bedroom
  • 1
  • Bathroom
  • 600
  • sqft

Description

Prime Investment Opportunity in the Heart of Chicago! šŸ™ļøšŸ”‘

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 March 14, 2024 at 4:49 pm
  • Price: [Pending]
  • Property Size: 600 sqft
  • Bedroom: 1
  • Bathroom: 1
  • Property Type: Residential
  • Property Status: Pending
  • Address 29XX S Michigan Ave apt 1504, Chicago, IL 60616, USA
  • City Chicago
  • State/county Illinois
  • Zip/Postal Code 60616
  • Country United States

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