10 E Ontario Street #1506, Chicago, IL 60611
Local realty services provided by:Results Realty ERA Powered
10 E Ontario Street #1506,Chicago, IL 60611
$230,000
- 1 Beds
- 1 Baths
- 765 sq. ft.
- Condominium
- Active
Listed by: tarik hage
Office: real broker llc.
MLS#:12791136
Source:MLSNI
Price summary
- Price:$230,000
- Price per sq. ft.:$300.65
About this home
Investor-Ready 1 Bedroom Convertible at Ontario Place: Leased Through [2028] This is a turnkey investment in the heart of River North. Unit #1506 is a 1-bedroom, 1-bathroom convertible of about [765] sq ft. It's currently leased for two years, so you get steady rental income from day one without having to find a tenant. The flexible layout is a big part of the value. The convertible space can be closed off as a home office, a guest room or a second sleeping area. Renters want that kind of flexibility, which helps keep the unit in demand at lease renewal or resale. Large windows bring in natural light, and the kitchen and bathroom are [updated / well maintained]. Ontario Place is a full-service building that allows rentals, making it a proven choice for investors. Residents get 24-hour door staff and concierge, a pool, a fitness center, a sauna, a business center, a residents' lounge, a party room and a bike room. Pets are welcome, which widens the pool of renters. The location is steady rental demand on its own. You're steps from the Magnificent Mile, the Riverwalk, the Red Line, major employers and some of Chicago's best restaurants and shopping. Secure income, a flexible layout and a full-service building. Ask about lease terms and financials. Tenant-occupied: 24-hour notice required for all showings. Please respect the tenant's privacy and do not disturb them....
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Home facts
- Year built:1981
- Listing ID #:12791136
- Updated:October 28, 2026 at 11:39 PM
Rooms and interior
- Bedrooms:1
- Total bathrooms:1
- Full bathrooms:1
- Rooms Total:4
- Dining Description:Combined With Living Room
- Kitchen Description:Dishwasher, Microwave, Range, Refrigerator
- Living area:765 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Electric
- Central air:Yes
Structure and exterior
- Year built:1981
- Building area:765 sq. ft.
Utilities
- Water:Lake Michigan
- Sewer:Public Sewer
Finances and disclosures
- Price:$230,000
- Price per sq. ft.:$300.65
- Tax amount:$3,652 (2025)
Features and amenities
- Laundry features:Coin Laundry
- Pool features:Pool
Parking
- Total parking spaces:1
- Parking description:Attached Garage, Garage
- Garage:Yes
- Garage spaces:1
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