Investment Opportunity: High-Rise Condo with North-Facing Views and Long-Term Tenant. Prime investment opportunity at Park Place Tower, this 38th-floor condo offers breathtaking north-facing views of the city and Lake Michigan. Currently rented until 8/31/2025, this unit is perfect for investors seeking a property with immediate rental income. This condo features a modern open floor plan, recently painted with new carpet in the primary bedroom. The den can function as a second bedroom or office space, adding versatility. The updated kitchen is equipped with sleek stainless steel appliances, ample counter space, and abundant cabinetry. Natural light floods the living room through large windows, highlighting the stunning views. The primary bedroom offers new carpet and storage options, while hardwood floors enhance the main living area's modern appeal. The remodeled bathroom boasts elegant fixtures and finishes. Park Place Tower amenities include a 24-hour doorperson, fitness center, swimming pool, and a deck with spectacular city views. The location provides easy access to top dining, shopping, and entertainment. Rent covers Cable TV, Heat, Water, Parking, Pool, Scavenger, Doorman, Internet Access, and Wi-Fi. Secure your investment in a desirable location with excellent tenant occupancy until 2025. Don't miss this chance to add a high-value property to your portfolio! Current rent is $2,600.
Closed
$190,000
655 W Irving Park Rd APT 3804, Chicago, IL 60613
1beds
945sqft
Condominium, Single Family Residence
Built in 1973
-- sqft lot
$242,800 Zestimate®
$201/sqft
$2,252 Estimated rent
Home value
$242,800
$223,000 - $265,000
$2,252/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: September 26, 2024 at 01:59pm
Listing courtesy of:
John Lyons 773-558-7133,
Baird & Warner
Bought with:
Daniel Close
Redfin Corporation
Source: MRED as distributed by MLS GRID,MLS#: 11835110
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Features: Flooring (Carpet)
- Level: Main
- Area: 192 Square Feet
- Dimensions: 12X16
Den
- Features: Flooring (Hardwood)
- Level: Main
- Area: 104 Square Feet
- Dimensions: 13X8
Dining room
- Features: Flooring (Hardwood)
- Level: Main
- Dimensions: COMBO
Kitchen
- Features: Flooring (Ceramic Tile)
- Level: Main
- Area: 63 Square Feet
- Dimensions: 7X9
Living room
- Features: Flooring (Hardwood), Window Treatments (Blinds)
- Level: Main
- Area: 260 Square Feet
- Dimensions: 13X20
Walk in closet
- Features: Flooring (Hardwood)
- Level: Main
- Area: 20 Square Feet
- Dimensions: 4X5
Heating
- Forced Air
Cooling
- Central Air, Zoned
Appliances
- Included: Range, Microwave, Dishwasher, Refrigerator
- Laundry: Common Area
Features
- Elevator, Theatre Room, Storage, Walk-In Closet(s), Doorman, Lobby
- Flooring: Hardwood
- Windows: Screens
- Basement: None
Interior area
- Total structure area: 0
- Total interior livable area: 945 sqft
Property
Parking
- Total spaces: 1
- Parking features: Assigned, On Site, Owned
Accessibility
- Accessibility features: No Disability Access
Features
- Exterior features: Outdoor Grill
- Pool features: In Ground
Details
- Additional parcels included: 14211010541794
- Parcel number: 14211010542370
- Special conditions: List Broker Must Accompany
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium, Single Family Residence
Materials
- Other
Condition
- New construction: No
- Year built: 1973
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Lake Michigan, Public
Community & neighborhood
Location
- Region: Chicago
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $868 monthly
- Amenities included: Bike Room/Bike Trails, Door Person, Coin Laundry, Commissary, Elevator(s), Exercise Room, Storage, Health Club, On Site Manager/Engineer, Party Room, Sundeck, Pool, Receiving Room, Service Elevator(s), Valet/Cleaner
- Services included: Heat, Air Conditioning, Water, Parking, Insurance, Doorman, Cable TV, Exercise Facilities, Pool, Scavenger, Snow Removal, Internet
Other
Other facts
- Listing terms: Conventional
- Ownership: Condo
Price history
| Date | Event | Price |
|---|---|---|
| 9/24/2024 | Sold | $190,000-20%$201/sqft |
Source:  MRED as distributed by MLS GRID #11835110 Report a problem | ||
| 9/4/2024 | Contingent | $237,500$251/sqft |
Source: MRED as distributed by MLS GRID #11835110 Report a problem | ||
| 7/31/2024 | Listed for sale | $237,500-6.3%$251/sqft |
Source: MRED as distributed by MLS GRID #11835110 Report a problem | ||
| 8/7/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 7/24/2023 | Listed for rent | $2,200$2/sqft |
Source: Zillow Rentals Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2023 | $3,966 +2.6% | $18,799 |
| 2022 | $3,867 +2.3% | $18,799 |
| 2021 | $3,780 +3.4% | $18,799 +14.6% |
Find assessor info on the county website
Neighborhood: Lake View
Nearby schools
GreatSchools rating
- 3/10Brennemann Elementary SchoolGrades: PK-8Distance: 0.5 mi
- 4/10Senn High SchoolGrades: 9-12Distance: 2.6 mi
Schools provided by the listing agent
- District: 299
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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$242,800
2% more+ $4,856
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$247,656