Park Place Tower 655 W Irving Park Rd Unit 1808 Floor 18 Chicago, IL 60613
Lakeview East NeighborhoodEstimated payment $2,095/month
Highlights
- Doorman
- Fitness Center
- Lock-and-Leave Community
- Water Views
- Landscaped Professionally
- 3-minute walk to Gill (Joseph) Park
About This Home
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 Details
Home Type
- Condominium
Est. Annual Taxes
- $3,861
Year Built
- Built in 1973
Lot Details
- Landscaped Professionally
- Additional Parcels
HOA Fees
- $829 Monthly HOA Fees
Parking
- 1 Car Garage
Home Design
- Entry on the 18th floor
- Concrete Block And Stucco Construction
- Concrete Perimeter Foundation
Interior Spaces
- 786 Sq Ft Home
- Window Screens
- Family Room
- Combination Dining and Living Room
- Wood Flooring
- Door Monitored By TV
- Laundry Room
Kitchen
- Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Potential Bedroom
- 1 Full Bathroom
Outdoor Features
- Outdoor Grill
Utilities
- Forced Air Zoned Heating and Cooling System
- Heating System Uses Natural Gas
- Lake Michigan Water
- Cable TV Available
Community Details
Overview
- Association fees include water, parking, insurance, doorman, exercise facilities, pool, exterior maintenance, lawn care, snow removal
- 901 Units
- Dolly Edison Association, Phone Number (773) 929-9200
- High-Rise Condominium
- Property managed by First Service Residential
- Lock-and-Leave Community
- 56-Story Property
Amenities
- Doorman
- Valet Parking
- Sundeck
- Party Room
- Coin Laundry
- Elevator
- Service Elevator
- Package Room
- Community Storage Space
Recreation
- Bike Trail
Pet Policy
- Dogs and Cats Allowed
Security
- Resident Manager or Management On Site
Map
About Park Place Tower
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 | $3,439 | $17,539 | $946 | $16,593 |
| 2023 | $3,352 | $16,300 | $853 | $15,447 |
| 2022 | $3,352 | $16,300 | $853 | $15,447 |
| 2021 | $3,278 | $16,299 | $853 | $15,446 |
| 2020 | $3,164 | $14,205 | $528 | $13,677 |
| 2019 | $3,145 | $15,656 | $528 | $15,128 |
| 2018 | $3,093 | $15,656 | $528 | $15,128 |
| 2017 | $2,895 | $13,449 | $465 | $12,984 |
| 2016 | $2,694 | $13,449 | $465 | $12,984 |
| 2015 | $2,741 | $14,958 | $465 | $14,493 |
| 2014 | $2,059 | $11,096 | $359 | $10,737 |
| 2013 | $1,540 | $11,096 | $359 | $10,737 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/23/2025 09/23/25 | For Sale | $180,000 | -- | $229 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Special Warranty Deed | $163,500 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $150,000 | Credit Line Revolving | |
| Closed | $130,800 | Unknown | |
| Closed | $16,350 | No Value Available |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12478184
APN: 14-21-101-054-1263
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