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1415 West Pratt Boulevard Chicago, IL 60626

  • $125,000 (sold: 4/8/2024)
  • 1 Bed
  • 1 Full Bath
  • 750 sq ft
  • Year Built: 1970
  • Residential
  • Listing #11981599
  • Status: Sold

Property Description

Discover the perfect blend of affordability and convenience in this charming 1-bedroom condo located in East Rogers Park. This is a fantastic opportunity for investors seeking a budget-friendly option with the added perk of an exterior parking space #6 - with no additional hoa fees! As you step into this inviting residence, you'll be greeted by a generously sized living room, providing ample space for relaxation and entertaining. The huge bedroom offers a cozy retreat, and the separate dining area is perfect for enjoying meals or setting up a home office. With laundry facilities conveniently located in the building, you'll experience added ease in your daily routine. Your purchase includes a coveted parking space, ensuring hassle-free commuting and saving you time and effort. Indulge in the diverse culinary scene, as restaurants, pubs, and grocery stores adorn every corner of your new neighborhood. Explore the cultural richness of Evanston Theatre, boutique shops, and more, just minutes away. For investors seeking a lucrative opportunity, this property comes with a reliable long-term tenant since 2018. **Current lease at $1350 per month which expires 2/28/2025.** Which could would be over 9% cash on cash return. Benefit from a steady income stream while enjoying the proximity to everything Chicago has to offer. With low assessments and the flexibility to rent out the unit, this condo presents a great investment opportunity. The building is well-equipped with amenities, including a laundry room, storage space, elevator, and a welcoming lobby. Enjoy the convenience of a professionally-managed building that is also pet-friendly, catering to your furry companions. Situated just a few blocks away from the Sheridan bus stop and the Red Line, commuting is a breeze. Immerse yourself in the vibrant surroundings, surrounded by excellent restaurants and grocery options. The proximity to Loyola University and Lake Michigan adds to the allure of this location. The seller is motivated and ready to work with a great buyer to put together a deal that suits everyone involved. Take advantage of this opportunity to own a piece of East Rogers Park - schedule a showing at your convenience and make this affordable and well-located condo your new armchair investment property! Listing agent related to seller. **Current tenant's lease expires 2/28/2025, but will most likely want to stay longer. They have been there since 2018**

Listing Details

Price$125,000 (sold: 4/8/2024)
Bedrooms1 Bed
Bathrooms1 Full Bath
Year Built1970
Property TypeResidential
Listing #11981599
StatusSold
Listing TypeFor Sale

Interior Features

Square Feet750

Community Information for Chicago, IL 60626

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Community overview information from Home Junction Inc.

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Estimated taxes and insurance are not included. Sales price from MLS. Mortgage calculator source: NextHome, Inc.

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