630 N Franklin Street #803

Chicago,IL 60654

$ 475000

2 Beds

2 Baths

1250 SqFt


Key Details

Property Type Condo

Sub Type Condo

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 1,250 sqft

Price per Sqft $380

MLS Listing ID 12189184

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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