$225,000
Lake Park Plaza
3930 N Pine Grove Ave Apt 604, Chicago, IL 60613
- 1Bed
- 1Bath
- 750SqFt
- 1Bed
- 1Bath
- 750SqFt
- Property TypeCondo
- Year Built1971
- HOA Fees$694/mo
- Price per Sqft$300
- On highrises1 Day
- Garage1 Car
- Pet PolicyPets OK
Property Details
Investor Alert : This turnkey condo offers a strong ~5.7 cap rate with full occupancy and low overhead. Located in a desirable, high-demand neighborhood, it delivers steady cash flow plus long-term appreciation potential. With updated finishes, stable HOA, and reliable rental history, this is a low-maintenance addition to any portfolio. South-facing and sun-drenched, this spacious 1-bedroom, 1-bath condo sits in the heart of Lakeview at the full-amenity Lake Park Plaza. Floor-to-ceiling windows, hardwood floors, and an open-concept layout make this home perfect for both entertaining and everyday living. The updated kitchen features flat-panel cabinetry, a mosaic tile backsplash, stainless steel appliances, and a peninsula with seating. The oversized living room easily fits both lounge and dining areas. The king-sized bedroom offers new carpet, abundant closet space, and large windows. A modern bath and additional entry storage complete the home. Currently rented through May 2026 for $1, 950/month. Owners may rent with a 12-month lease (no Airbnb or short-term rentals). FHA-approved building. Lake Park Plaza offers full-service amenities: Outdoor pool + landscaped sundeck with BBQ grills & fire pits Fitness center, tennis/pickleball court & basketball court 24/7 door staff & on-site management Receiving room & Go Grocer Bike storage, private storage cage, party room & dog run Parking: Valet ($221) or self-park ($246), based on availability. 48 hour notice for all showings. No exceptions
Property Features
Bedrooms
- Bedrooms: 1
- Bedrooms Possible: 1
- Primary Bedroom Dimensions: 12 x 16
- Primary Bedroom Level: Main
Property History
Building Features
Neighborhood
Environmental Risk
Nearby Home Values
- Presented by:
- Megan Sullivan
- state license#475190920
- Brokered by:
- COMPASS
- (312) 733-7201
Also at 3930 N Pine Grove Ave
