|
**Investor Alert**: This turnkey condo offers a strong ~5.7 cap rate with full occupancy and low overhead. Located in a desirable, high-demand neighborhood, it delivers steady cash flow plus long-term appreciation potential. With updated finishes, stable HOA, and reliable rental history, this is a low-maintenance addition to any portfolio. South-facing and sun-drenched, this spacious 1-bedroom, 1-bath condo sits in the heart of Lakeview at the full-amenity Lake Park Plaza. Floor-to-ceiling windows, hardwood floors, and an open-concept layout make this home perfect for both entertaining and everyday living. The updated kitchen features flat-panel cabinetry, a mosaic tile backsplash, stainless steel appliances, and a peninsula with seating. The oversized living room easily fits both lounge and dining areas. The king-sized bedroom offers new carpet, abundant closet space, and large windows. A modern bath and additional entry storage complete the home. Currently rented through May 2026 for $1,950/month. Owners may rent with a 12-month lease (no Airbnb or short-term rentals). FHA-approved building. Lake Park Plaza offers full-service amenities: Outdoor pool + landscaped sundeck with BBQ grills & fire pits Fitness center, tennis/pickleball court & basketball court 24/7 door staff & on-site management Receiving room & Go Grocer Bike storage, private storage cage, party room & dog run Parking: Valet ($221) or self-park ($246), based on availability. **48 hour notice for all showings. No exceptions**
DAYS ON MARKET | 2 | LAST UPDATED | 8/15/2025 |
---|---|---|---|
YEAR BUILT | 1971 | COMMUNITY | CHI - Lake View |
GARAGE SPACES | 1.0 | COUNTY | Cook |
STATUS | Active | PROPERTY TYPE(S) | Condo/Townhouse/Co-Op |
School District | Senn High School |
---|---|
Elementary School | Brenneman Elementary School |
Jr. High School | Brenneman Elementary School |
High School | Senn High School |
ADDITIONAL DETAILS | |
AIR | Central Air |
---|---|
AIR CONDITIONING | Yes |
AMENITIES | Gas, Insurance, Internet, Security, Snow Removal, Water |
AREA | CHI - Lake View |
BASEMENT | None |
CONSTRUCTION | Brick |
EXTERIOR | Barbecue, Outdoor Grill |
GARAGE | Yes |
HEAT | Forced Air |
HOA DUES | 694 |
INTERIOR | Elevator, Storage |
LOT | 0 |
LOT DIMENSIONS | Common |
PARKING | Heated Garage, On Site, Attached, Garage |
POOL DESCRIPTION | In Ground |
SEWER | Public Sewer |
STORIES | 29 |
TAXES | 2191 |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
P
I
*Estimate only
SATELLITE VIEW |
/ | |
We respect your online privacy and will never spam you. By submitting this form with your telephone number
you are consenting for Pearce
Lashmett to contact you even if your name is on a Federal or State
"Do not call List".
Listed with Compass
The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of MRED. All real estate listings are marked with the Broker ReciprocitySM logo or the MRED Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.
The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
Copyright 2025 MRED. All rights reserved.

The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
Copyright 2025 MRED. All rights reserved.

This IDX solution is (c) Diverse Solutions 2025.