Loading Property Details. Please Wait....

The Edge - Tower ( Unit 1409 )

210 S Desplaines, Near West Side - Chicago 60661

$275,000

Condo Fee: $597

Description

Looking for investors who want to start generating income on day 1. Unit is leased until 6/30/2024 with a qualified tenant. Parking is included in the lease. Unit is rented for $2200 until 6/30/2023, then $2260 from 7/1/2023 to 6/30/2024. Gorgeous renovated 1 bedroom high floor condo with North / East facing view in the West Loop. Assessment $596.08 includes Cable TV, Heat, AC, Cooking Gas, Water, Trash, Door Staff, Exterior Maintenance, Lawn Care, Snow Removal, Exercise Facilities, and 1 Indoor Parking Spot (#51 on first floor). Tenant is paying electric & internet separately. Nearly 800 sq ft (not including balcony) open floor plan with private balcony. Floor to ceiling windows in living room with tons of natural light.

Stainless appliances are brand new from 2022 : fridge, microwave, stove, dishwasher. New toilet, washer/ dryer and garbage disposal. Large primary bedroom with walk-in closet and newer wood floors. 24 hour door staff, exercise room, community center, bike storage are available. 2 pets are allowed per unit per HOA. Walking distance to restaurants, parks, grocery stores and more. Investor friendly building. Reserves $607,366 as of 3/15/2023. Storage in basement #1409 included in price. Parking #51 on first floor for additional $25,000. Tenant occupied so at least 48 advanced notice is required. Pre-approval letter or bank statements are required before any showings.

Property Details

  • Property ID :

  • Price :

  • Property Size :

  • Year Built :

  • MRD11738190

  • $275,000

  • 770 sq. ft

  • 2004

  • Unit # :

  • Bedrooms :

  • Bathrooms :

  • Garage :

  • 1409

  • 1

  • 1

  • 1

  • Property Type :

  • Property Status :

  • Condo Fee:

  • Status:

  • Residential

  • For Sale

  • $597

  • Active

Location 210 S Desplaines, Near West Side - Chicago 60661