$340,000

1601 S State Street UNIT 5A UNIT 5A, Chicago, IL

2 Beds
2 Baths
1,250 sqft
Active Under Contract

Description

Great Investment Opportunity! Tenant occupied. Beautiful, spacious, well maintained condo leased through August 31, 2021 (see agent remarks for flexibilty in occupancy). Situated in convenient South Loop location. Enjoy modern, high-end finishes in the kitchen - 42" imported Italian cabinets, granite and stainless steel appliances. Living room has gas fireplace, sliding doors and access to balcony. Bathrooms are finished with marble and granite, master bath has separate shower, whirlpool tub with 5 jetted heads. Spacious closet space in both bedrooms, primary bed has walk-in closet. Unit has its own washer and dryer. Second bedroom is perfect for home office, guest bedroom or nursery (loft space, no window). Hardwood floors throughout. Monthly assessment or rent includes heated garage parking, heat, gas, water, building internet, Direct TV satellite basic service and parking. Additional $35k for heated parking space #14 on ground level (most preferred spot in the bldg.). New construction in 2004. High floor, west facing, with lovely views of State Street, not the L side. Located right across Columbia College. Surrounded by multiple shopping including Mariano's Grocery (a block away), on Roosevelt Rd- including Whole Foods, Trader Joe's, Jewel, restaurants, parks like Museum Park Campus, Soldier Field, Ping Tom Memorial Park Fieldhouse, McCormick Place, Lake Shore Dr, easy access to expressway I-55, I-94, I-290, CTA el stop on Roosevelt/State or Cermak & State, metra on 18th St, Chinatown and East Pilsen. Minutes to University of Chicago Campus and Hospital, the new Obama Presidential Library, Jackson Park. This area continues to attract tons of exciting projects with investments like The 78, and Chicago's Old Post Office. Currently rented for $2450, was rented for $2700 pre-covid. Eligible for FHA spot approval.

Facts and features


Type: Attached Single
Year Built: 2004
Parking: Garage - Attached
Price/sqft: $272

Interior details

Bedrooms and bathrooms

Bedrooms: 2

Bathrooms: 2

Full bathrooms: 2

1/2 bathrooms: 0

Basement

Basement: None

Other interior features

Total interior livable area: 1,250 sqft

Property details

Parking

Total spaces: 1

Parking features: Garage

Garage spaces: 1

Other parking information: Garage Door Opener(s),Heated

Lot

Lot size: Acres

Lot size dimensions: COMMON

Other property information

Tax ID: 17223000771096

Construction details

Type and style

Home type: Attached Single

Condition

Year built: 2004

Community and Neighborhood Details

Location

Region: Chicago

Financial details

Other financial information

Annual tax amount: $6,619

Nearby schools in Chicago


Schools provided by the listing agent

  • Elementary: - District 299
  • Middle: - District 299
  • High: - District 299

This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.