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1601 S State Street , 5A

Chicago, IL 60616
  • $340,000
  • STATUS: Active Under Contract
  • ON SITE: 123 days
  • MLS #: 10990086
Under Contract
$340,000
  • 2
    BEDS
  • N/A
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,250
    SQFT
  • $272
    $/SQFT
Neighborhood:
Type:
Parking Space
Built:
2004
County:

School Ratings & Info

School District:
299

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.

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© 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Littlefield Group | Keller Williams Realty. Based on information submitted to the MRED as of 2021-06-11T23:53:10.373 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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1601 S State Street , 5A Chicago, IL 60616

  • Price: $340,000
  • Status: Active Under Contract
  • MLS #: 10990086
2
Beds
2
Baths
0
½ Baths
N/A
Acres
1,250
SQFT
$272
$/SQFT
2004
Built
Neighborhood:
Chi - Near South Side
County:
Cook
Area:
Chi - Near South Side
School District:
299
Property 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.
Exterior Features

Direction Faces West Driveway Concrete Exterior Building Type BlockStoneConcrete Exterior Features BalconyStorms/ScreensEnd UnitCable Access Garage Details Garage Door Opener(S)Heated Garage On Site Yes Garage Ownership Deeded Sold Separately Garage Type Attached Is Parking Includedin Price No Number Of Cars 1 Parking Garage Type Attached CondoMid Rise (4-6 Stories) Unit Floor Level 5 Waterfront YN No

Interior Features

2nd Bedroom Flooring Hardwood 2nd Bedroom Level Main Level 3rd Bedroom Level Not Applicable 4th Bedroom Level Not Applicable Addtl Room1 Flooring Hardwood Addtl Room1 Level Main Level Addtl Room1 Name Walk in Closet Addtl Room2 Flooring Slate Addtl Room2 Level Main Level Addtl Room2 Name Terrace Appliances RangeMicrowaveDishwasherRefrigeratorWasherDryerDisposalStainless Steel Appliance(S) Basement None Basement Bathrooms YN No Basement Description None Bath Amenities Separate ShowerDouble SinkEuropean ShowerFull Body Spray ShowerSoaking Tub Bedrooms Below Grade 0 Built Before1978 YN No Cooling Central Air Dining Room Flooring Hardwood Dining Room Level Main Level Family Room Level Not Applicable Fireplace Features Gas LogGas Starter Fireplace Location Living Room Fireplaces Total 1 Heating Natural Gas Interior Features ElevatorHardwood FloorsLaundry Hook-Up in UnitStorageBuilt-In FeaturesWalk-In Closet(S) Kitchen Flooring Hardwood Kitchen Level Main Level Kitchen Type Island Laundry Flooring Hardwood Laundry Level Main Level Living Room Flooring Hardwood Living Room Level Main Level Master Bedroom Bath Full Master Bedroom Flooring Hardwood Master Bedroom Level Main Level Other Equipment HumidifierTv-CableIntercomCeiling Fan(S) Room Type Walk In ClosetTerrace Rooms Total 5 Total Sq Ft 0

Property Features

Additional Parcels YN Yes Age 16-20 Years Association Amenities Elevator(S)Security Door Lock(S)Valet/Cleaner Association Fee 479 Association Fee Frequency Monthly Association Fee Includes HeatAir ConditioningWaterGasInsuranceSecurityTv/CableExterior MaintenanceLawn CareScavengerSnow RemovalInternet Can Owner Rent Unit YN Yes Contingency Attorney/Inspection Corporate Limits Chicago Deeded Garage Cost 35000 Disability Access And Or Equipped No Electric 150 Amp Service Green Energy Efficient Low Flow Fixtures Holds Earnest Money Yes Master Association Fee No Max Pet Weight 999 New Construction YN No Offeredfor Saleor Rent No Ownership Type Condo Pets Allowed Cats OkDogs Ok Property Type Attached Single Rebuilt YN No Recent Rehab YN No Rural YN No Sewer Public Sewer Special Assessments No Special Listing Conditions List Broker Must Accompany Special Service Area N Tax Annual Amount 6619.39 Tax Exemptions None Tax Year 2019 Total Numberof Unitsin Building 43 Township South Chicago Water Source Lake Michigan

Listing information © 2021 Midwest Real Estate Data LLC.
Listing provided courtesy of Compass.


© 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Littlefield Group | Keller Williams Realty. Based on information submitted to the MRED as of 2021-06-11T23:53:10.373 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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