Lake Park Plaza 3930 N Pine Grove Ave Unit 604 Chicago, IL 60613
Lakeview East NeighborhoodEstimated payment $2,103/month
Total Views
1,374
1
Bed
1
Bath
750
Sq Ft
$300
Price per Sq Ft
Highlights
- Doorman
- In Ground Pool
- Tennis Courts
- Fitness Center
- Wood Flooring
- 4-minute walk to Gill (Joseph) Park
About This Home
**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 Details
Home Type
- Condominium
Est. Annual Taxes
- $2,191
Year Built
- Built in 1971
HOA Fees
- $694 Monthly HOA Fees
Parking
- 1 Car Garage
Home Design
- Brick Exterior Construction
Interior Spaces
- 750 Sq Ft Home
- Window Treatments
- Family Room
- Combination Dining and Living Room
- Storage
- Laundry Room
- Home Gym
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Potential Bedroom
- 1 Full Bathroom
Outdoor Features
- In Ground Pool
- Outdoor Grill
Location
- Property is near a bus stop
Schools
- Brenneman Elementary School
- Senn High School
Utilities
- Forced Air Heating and Cooling System
- Lake Michigan Water
Community Details
Overview
- Association fees include heat, air conditioning, water, gas, insurance, security, doorman, exercise facilities, pool, exterior maintenance, lawn care, scavenger, snow removal, internet
- 451 Units
- Jen Arensberg Association, Phone Number (773) 975-6020
- Property managed by RealManage Elevated Onsite
- 29-Story Property
Amenities
- Doorman
- Sundeck
- Party Room
- Coin Laundry
- Elevator
- Service Elevator
- Package Room
- Convenience Store
Recreation
- Bike Trail
Pet Policy
- Pets up to 50 lbs
- Dogs and Cats Allowed
Map
About Lake Park Plaza
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Home Values in the Area
Average Home Value in this Area
Tax History
| 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 |
|---|---|---|---|---|
| 2024 | $2,191 | $16,387 | $997 | $15,390 |
| 2023 | $2,114 | $13,700 | $893 | $12,807 |
| 2022 | $2,114 | $13,700 | $893 | $12,807 |
| 2021 | $2,085 | $13,699 | $893 | $12,806 |
| 2020 | $2,212 | $13,033 | $557 | $12,476 |
| 2019 | $2,197 | $14,364 | $557 | $13,807 |
| 2018 | $2,159 | $14,364 | $557 | $13,807 |
| 2017 | $1,877 | $12,095 | $490 | $11,605 |
| 2016 | $1,922 | $12,095 | $490 | $11,605 |
| 2015 | $1,736 | $12,095 | $490 | $11,605 |
| 2014 | $1,472 | $10,502 | $378 | $10,124 |
| 2013 | $1,432 | $10,502 | $378 | $10,124 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/14/2025 08/14/25 | For Sale | $225,000 | 0.0% | $300 / Sq Ft |
| 01/30/2025 01/30/25 | Rented | $1,950 | 0.0% | -- |
| 01/25/2025 01/25/25 | Under Contract | -- | -- | -- |
| 01/22/2025 01/22/25 | For Rent | $1,950 | 0.0% | -- |
| 12/02/2022 12/02/22 | Sold | $165,000 | -2.9% | $220 / Sq Ft |
| 11/03/2022 11/03/22 | Pending | -- | -- | -- |
| 10/18/2022 10/18/22 | For Sale | $170,000 | -- | $227 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Executors Deed | $165,000 | None Listed On Document | |
| Warranty Deed | $147,000 | -- | |
| Warranty Deed | $73,000 | -- | |
| Warranty Deed | $59,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $156,750 | New Conventional | |
| Previous Owner | $100,000 | Credit Line Revolving | |
| Previous Owner | $17,000 | Credit Line Revolving | |
| Previous Owner | $132,300 | No Value Available | |
| Previous Owner | $70,800 | No Value Available |
Source: Public Records
Similar Homes in Chicago, IL
Source: Midwest Real Estate Data (MRED)
MLS Number: 12447008
APN: 14-21-100-018-1052
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