Investor-friendly opportunity at Park Place Tower! This 18th-floor 1BD/1BA unit offers stunning city and lake views and comes with a tenant in place through April 30, 2026-providing immediate rental income with the flexibility to continue as an investment property or move in after the lease ends. The spacious and sun-filled living/dining area is perfect for entertaining, complemented by an open kitchen with breakfast bar, granite counters, and stainless steel appliances. The oversized bedroom features generous closet space, plus newer carpet. Hardwood floors run through the main living spaces. Park Place Tower is a full-amenity, pet-friendly building with 24-hour door staff, sun deck, basketball court, fitness center, convenience store, and more. Prime Lakeview location-just steps to the lake, shopping, public transit, and Lake Shore Drive. Deeded self-parking for sale for additional $20,000. A turnkey investment with built-in cash flow in one of Chicago's most sought-after buildings!
Property Features
Bedrooms
- Bedrooms: 1
- Bedrooms Possible: 1
- Primary Bedroom Dimensions: 17' x 11'
- Primary Bedroom Level: Main
Other Rooms
- Total Rooms: 4
- No additional rooms
- Living Room Dimensions: 20' x 12'
- Living Room Level: Main
- Exercise Room: Yes
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Appliances
- Range
- Microwave
- Dishwasher
- Refrigerator
Heating and Cooling
- Cooling Features: Central Air
- Heating Features: Natural Gas, Forced Air, Zoned
- Heating: Yes
- Number of Fireplaces: 0
Kitchen and Dining
- Dining Room Dimensions: 9' x 8'
- Dining Room Level: Main
- Kitchen Dimensions: 10' x 9'
- Kitchen Level: Main
Interior Features
- Flooring: Hardwood
- Window Features: Screens
Exterior and Lot Features
- Outdoor Grill
- Door Monitored By TV
Land Info
- Additional Parcels Description: 14211010541636
- Additional Parcels: Yes
- Lot Description: Landscaped
- Lot Size Dimensions: COMMON
Garage and Parking
- Garage Spaces: 1
- Parking Features: On Site, Deeded, Attached, Garage
- Parking Total: 1
Homeowners Association
- Association: Yes
- Association Amenities: Bike Room/Bike Trails, Door Person, Coin Laundry, Elevator(s), Exercise Room, Storage, Health Club, On Site Manager/Engineer, Party Room, Sundeck, Pool, Receiving Room, Security Door Lock(s), Service Elevator(s), Valet/Cleaner
- Association Fee: 829
- Association Fee Frequency: Monthly
- Association Fee Includes: Water, Parking, Insurance, Doorman, Exercise Facilities, Pool, Exterior Maintenance, Lawn Care, Snow Removal
- Calculated Total Monthly Association Fees: 829
- Pets Allowed: Cats OK, Dogs OK
- Cats Allowed: Yes
- Dogs Allowed: Yes
School Information
- Elementary School District: 299
- High School District: 299
- School District: 299
- Middle or Junior School District: 299
Amenities and Community Features
- Bike Room/Bike Trails
- Door Person
- Coin Laundry
- Elevator(s)
- Exercise Room
- Storage
- Health Club
- On Site Manager/Engineer
- Party Room
- Sundeck
- Pool
- Receiving Room
- Security Door Lock(s)
- Service Elevator(s)
- Valet/Cleaner
- Doorman: Yes
Rental Info
- Lease Expiration: 2026-04-30
Other Property Info
- Annual Tax Amount: 3861
- Source Listing Status: Active
- County: Cook
- Directions: LAKESHORE S TO IRVING PARK W TO 655 BLDG
- Tax Year: 2023
- Ownership: Condo
- Source Property Type: Residential
- Area: CHI - Lake View
- Property Subtype: condo
- Source Neighborhood: CHI - Lake View
- Parcel Number: 14211010541263
- Township: Lake View
- Management Company: First Service Residential
- Property Subtype: Attached Single
Building and Construction
- Total Square Feet Living: 786
- Year Built: 1973
- Building Exterior Type: Concrete
- Construction Materials: Concrete
- Entry Level: 18
- Foundation Details: Concrete Perimeter
- Living Area Source: Estimated
- Structure Type: Condo, High Rise (7+ Stories)
- Total Area Sqft: 786
Utilities
- Sewer: Public Sewer
- Water Source: Lake Michigan, Public
Accessibility Features
Home Features
- Other Equipment: TV-Cable
