$490,000
$475,000
3.2%For more information regarding the value of a property, please contact us for a free consultation.
630 N Franklin Street #803 Chicago, IL 60654
2 Beds
2 Baths
1,250 SqFt
Key Details
Sold Price $490,000
Property Type Condo
Sub Type Condo
Listing Status Sold
Purchase Type For Sale
Square Footage 1,250 sqft
Price per Sqft $392
MLS Listing ID 12189184
Sold Date 11/14/24
Bedrooms 2
Full Baths 2
HOA Fees $501/mo
Year Built 2005
Annual Tax Amount $9,682
Tax Year 2023
Lot Dimensions COMMON
Property Description
Tenant occupied unitl June 2025. Great investment opportunity with tenant in place. Come and see for yourself! 6% Capitalization Rate! Recently updated and ready for its new owner! This large 2br/2ba soft loft with 10' ceilings, floor ceiling windows and PRIVATE balcony provides fantastic city views in bustling River North. Proximal to an abundance of cafes, popular restaurants and night life. Southern exposure ensures you never miss a day of sun inside or out. Chef's kitchen with newer appliances, in unit washer/dryer, fully built out closets and updated bathrooms. six30 Franklin is a well maintained building with some of the lowest HOA's in River North including Cable (1,000 mbps), water, gas, and Amazon Lockers. Investor friendly building (no short term) with very healthy reserves and professionally managed. No rental caps, no active/upcoming special assessments. Close to transportation (Brown and Red lines) A+ with the Superior/Chicago L-line stops and the Kennedy Expressway within 1 block. Excellent parking spot offered for an additional 30k.
Location
State IL
County Cook
Rooms
Basement None
Interior
Interior Features Vaulted/Cathedral Ceilings, Elevator, Hardwood Floors, First Floor Laundry, Laundry Hook-Up in Unit, Storage, Built-in Features, Walk-In Closet(s), Bookcases, Ceiling - 10 Foot, Open Floorplan, Dining Combo, Doorman, Drapes/Blinds, Lobby
Heating Natural Gas, Forced Air
Cooling Central Air
Fireplace N
Appliance Microwave, Dishwasher, Refrigerator, Freezer, Washer, Dryer, Disposal
Laundry Gas Dryer Hookup, In Unit, Laundry Closet
Exterior
Exterior Feature Balcony
Garage Attached
Garage Spaces 1.0
Community Features Bike Room/Bike Trails, Elevator(s), On Site Manager/Engineer, Receiving Room, Security Door Lock(s)
Waterfront false
View Y/N true
Roof Type Asphalt
Building
Sewer Public Sewer
Water Lake Michigan
New Construction false
Schools
School District 299, 299, 299
Others
Pets Allowed Cats OK, Dogs OK, Number Limit
HOA Fee Include Heat,Water,Gas,Insurance,Security,TV/Cable,Scavenger,Snow Removal,Internet
Ownership Condo
Special Listing Condition None
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© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Grigory Pekarsky • Vesta Preferred LLC