$90,000

Estimated payment $1,200/month

Total Views 436
2 Beds
1 Bath
1,500 Sq Ft
$60 Price per Sq Ft

Highlights

  • Wood Flooring
  • On-Site Manager or Management
  • Dining Room
  • Living Room
  • Laundry Room
  • Family Room

About This Home

Excellent investment opportunity for investors seeking immediate rental income! This condo is currently in the process of being tenant occupied through the HUD Program which guarantees Market Value Rent, providing the investor with a reliable income stream from day one. The unit will generate between $1,780 and $1,800 dollars per month in rental income. Stainless steel appliances will be installed in the kitchen enhancing the unit's appeal and value. Additional features include in-unit washer and dryer hookups, offering convenience for tenants and added marketability. With an existing tenant, guaranteed market-value rent, and desirable updates underway, this property offers a compelling opportunity for both new and experienced investors looking for a cash-flowing condo.

Listing Agent

Aquatoneice Percy

Coldwell Banker Realty Brokerage Phone: (773) 310-0789 License #475179767 Listed on: 08/27/2026

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,345

HOA Fees

  • $593 Monthly HOA Fees

Home Design

  • Entry on the 3rd floor
  • Brick Exterior Construction

Interior Spaces

  • 1,500 Sq Ft Home
  • 3-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Wood Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

Overview

  • Association fees include insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 16 Units

Pet Policy

  • No Pets Allowed

Security

  • On-Site Manager or Management

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,345

Lot Details

0 Sq Ft Lot

HOA Fees

$593 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Fee Simple
  • EntryLevel: 3
  • HabitableResidenceYN: Yes
  • New Construction: No
  • Property Sub-Type: Condo
  • Age: Unknown
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Active
  • SomePhotosVirtuallyStaged: No
  • Attribution Contact: (773) 310-0789
  • MRD_WaterViewYN: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • LivingArea: 1500
  • Room Type: No additional rooms
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Flooring: Hardwood

Exterior Features

  • Construction Materials: Brick
  • Waterfront: No

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Natural Gas
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Association Fee: 593
  • Association Amenities: None
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 10868
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): No

Tax Info

  • Tax Annual Amount: 1344.83
  • Tax Year: 2024
  • Tax Exemptions: None

Multi Family

  • Units in Building: 16

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $953 $6,673 $457 $6,216
2024 $953 $6,673 $457 $6,216
2023 $925 $4,500 $761 $3,739
2022 $925 $4,500 $761 $3,739
2021 $905 $4,499 $760 $3,739
2020 $1,388 $6,233 $547 $5,686
2019 $1,386 $6,899 $547 $6,352
2018 $1,853 $9,379 $547 $8,832
2017 $1,237 $5,744 $486 $5,258
2016 $1,150 $5,744 $486 $5,258
2015 $1,046 $5,708 $486 $5,222
2014 $1,625 $8,759 $410 $8,349
2013 $2,207 $12,132 $410 $11,722
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/27/2026 08/27/26 For Sale $90,000 0.0% $60 / Sq Ft
03/19/2022 03/19/22 Rented $1,100 -12.1% --
03/16/2022 03/16/22 For Rent $1,251 +0.1% --
03/08/2022 03/08/22 Under Contract -- -- --
02/03/2022 02/03/22 For Rent $1,250 0.0% --
07/15/2020 07/15/20 Sold $55,000 -26.7% $46 / Sq Ft View Prior Sale
06/20/2020 06/20/20 Pending -- -- --
06/09/2020 06/09/20 For Sale $75,000 -- $63 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Source: Midwest Real Estate Data (MRED)

MLS Number: 12745090

Midwest Real Estate Data (MRED)

APN: 21-30-309-028-1016

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