10 E Ontario Street # 1506 Chicago, IL $ 230,000
10 E Ontario Street # 1506
$ 230,000
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10 E Ontario Street # 1506

Chicago, IL, 60611
$ 230,000
Bedrooms1 Baths1.0 Sq 765

Monthly Estimate*

$ 1,589

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Condo for sale in Chicago, IL

for $230,000 with 1 bedroom and 1 full bath. This 765 square foot condo was built in 1981.

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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Condo Active

Price

$ 230,000

Bedrooms

1

Full Bath

1

Property Type

Condo

Taxes

$ 3,652

Style

Condo

Year Built

1981

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12791136

Features
General
Living Area 765
Sewer Public Sewer
Heating Electric
Cooling Central Air
Possession Closing
Appliances Range Microwave Dishwasher Refrigerator
Garage Spaces 1
Association Fee Includes None
Construction Materials Glass Concrete
Pets Allowed Cats OK Dogs OK Size Limit
Year Built 1981
Township North Chicago
Unit Number 1506
Tax Year 2025
Ownership Condo
Assoc Fee Paid Per Not Applicable
County Cook
New Construction N
Property Type Residential Attached Single
Association Amenities Bike Room/Bike Trails Door Person Coin Laundry Exercise Room Party Room Sundeck Pool Sauna Steam Room Spa/Hot Tub Elevator(s)
Total Rooms 4
Full Baths 1
Status New
Directions From Ohio St head east to State St then turn left (north) and continue three blocks to Erie St.
City Chicago
High School District 299
MLS Area CHI - Near North Side
Tax Annual Amount 3652
Additional Parcels Y/N N
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
Sub Type Condo
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Interior
Basement None
Total Stories 51
Half Baths 0
Total Bedrooms 1
Room Type No additional rooms
Total Baths 1
Bedrooms Possible 1
Total Number of Units 467
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Exterior
Parking Features Garage Door Opener Yes Garage Owned Attached Garage
Water Source Lake Michigan
Total Parking 1
Lot Dimensions COMMON
Waterfront Y/N N
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* Excluded Features
List By
Real Broker Llc

Broker

tarikhagerealtor@gmail.com

Email

Affordability Calculator

$1,893
Per Month
84%
16%
0%
Monthly Principal & Interest
$1,589
Monthly Property Taxes
$304
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
566059 Elementary School
566846 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/28/2026$230,000 Listed Price

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10 E Ontario Street # 1506, Chicago, IL, 60611 is a Condo for sale at $230,000 with 765 sqft. 10 E Ontario Street # 1506 has 1 bedrooms, 1.0 baths, and was built in 1981. The property's zip code is 60611 which is in Chicago, IL