***GREAT INVESTMENT OPPORTUNITY WITH A LONG-TERM TENANT & Long term Lease, good rent until March 2026 *** Rare opportunity to purchase an East Facing Jr. 1 Bedroom with views of the Iconic Wrigley Building and Chicago River. This sun drenched unit is located in the very popular River North neighborhood. As you walk into the unit you will notice the open layout ready to enjoy and entertain. The kitchen has an open layout that has great storage and seating/counter area for all to gather. The living room windows extend out to provide southern views of the river and iconic Chicago. The bedroom/sleeping area is separated with Double Sliding Doors for privacy and flexibility. Great flexibility to open living room & Bedroom for a vast open space. Updated bathroom with ample storage and counter space. This unit also offers TONS of closet space. *** THIS IS A GREAT INVESTMENT OPPORTUNITY. LONG TERM TENANT OF OVER 10 YEARS. Just signed an extension until MARCH 2026, so no Vacancy or prep expenses for 2 years. Tenant always renews for 2 years and would like to stay long term. Assessments include heat, air, water, cable & hi-speed internet. Amenities included and offered by the building - 24-hour door staff, on-site management & 24-hour maintenance, 24-hour 3000+sqft plus fitness center with newer Lifetime Fitness equipment, a 20-meter 4 lap heated indoor pool open yearlong, hot tub, sun deck, hospitality room, package room and on-site laundry with smart app. Wi-Fi in all common areas. Owner Occupancy is over 60% and reserves are just over $3 million. There is no rental cap, min 1 year lease per association rules. River Plaza is located in the mix of everything. You are walking distances away from the Chicago River, Mag Mile, Downtown, Great Dining, Night life and so much more.
Property Map
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Property Details
Rooms
Room
Level
Flooring
Size
Living Room
Main
Hardwood
24X13
Dining Room
Main
COMBO
Kitchen
Main
Stone
6X10
Family Room
N/A
Laundry
N/A
Master Bedroom
N/A
Bedroom 2
N/A
Bedroom 3
N/A
Bedroom 4
N/A
Utilities
Heating Forced Air
Cooling Central Air
Water Lake Michigan
Sewer Public Sewer
Additional Information
Assessment Includes
Heat, Air Conditioning, Water, Insurance, Security, Doorman, TV/Cable, Exercise Facilities, Pool, Exterior Maintenance, Scavenger, Snow Removal, Internet
Common Amenities
Bike Room/Bike Trails, Door Person, Coin Laundry, Elevator(s), Exercise Room, Health Club, On Site Manager/Engineer, Party Room, Sundeck, Indoor Pool, Receiving Room, Restaurant, Valet/Cleaner, Spa/Hot Tub, Business Center, High Speed Conn.
Appliances
Range, Microwave, Dishwasher, Refrigerator
Pets Allowed
Cats OK
Parking
Garage On Site, Deeded Sold Separately, Parking not included in price
Schools
District 299
Payment Calculator
Listing History
03-08-2024
Listed at $229,900
03-23-2024
Status changed to Under Contract
04-16-2024
Status changed to Closed
04-15-2024
Sold at $229,000
Last Modified 4/16/24 1:28 PM
Nearby Transportation
Bus 26
0.1 mi
Bus 66
0.1 mi
Bus 157
0.1 mi
Bus 2
0.1 mi
Bus 3
0.1 mi
Bus 143
0.1 mi
Bus 151
0.1 mi
Bus 146
0.1 mi
Bus 147
0.1 mi
Bus 148
0.1 mi
Bus 10
0.1 mi
Bus 121
0.1 mi
Bus 120
0.1 mi
Bus 6
0.1 mi
Bus 134
0.1 mi
Metra Electric
0.4 mi
Union Pacific North
0.9 mi
Union Pacific Northwest
0.9 mi
Union Pacific West
0.9 mi
Rock Island
1.0 mi
Burlington Northern
1.0 mi
Heritage Corridor
1.0 mi
Milwaukee North
1.0 mi
Milwaukee West
1.0 mi
North Central Service
1.0 mi
Southwest Service
1.0 mi
Red Line
0.2 mi
Green Line
0.3 mi
Pink Line
0.3 mi
Orange Line
0.3 mi
ZipCar
0.1 mi
Maven
0.2 mi
I 90 East
0.6 mi
I 94 East
0.6 mi
I 90 West
0.6 mi
I 94 West
0.6 mi
I 290 East
1.3 mi
I 290 West
1.8 mi
I 55 North
2.6 mi
I 55 South
2.6 mi
Broker Reciprocity
Listing provided by Streeterville Realty, LLC
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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Midwest Real Estate Data LLC. Real estate listings held by brokerage firms other than Urban Real Estate are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.