• Status Sold
  • Sale Price $190,000
  • Bed 1 Bed
  • Bath 1 Bath
  • Location Lake View

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.

General Info

  • List Price $237,500
  • Sale Price $190,000
  • Bed 1 Bed
  • Bath 1 Bath
  • Taxes $4,174
  • Market Time 31 days
  • Year Built 1973
  • Square Feet 945
  • Assessments $868
  • Assessments Include Heat, Air Conditioning, Water, Parking, Common Insurance, Doorman, TV/Cable, Exercise Facilities, Pool, Scavenger, Snow Removal, Internet Access
  • Listed by
  • Source MRED as distributed by MLS GRID

Rooms

  • Total Rooms 5
  • Bedrooms 1 Bed
  • Bathrooms 1 Bath
  • Living Room 13X20
  • Dining Room COMBO
  • Kitchen 7X9

Features

  • Heat Forced Air
  • Air Conditioning Central Air, Zoned
  • Appliances Oven/Range, Microwave, Dishwasher, Refrigerator
  • Parking Space/s
  • Age 51-60 Years
  • Exterior Other
  • Exposure N (North), Lake/Water, Park