630 N Franklin ST #803, Chicago, IL 60654 – 12189184

$475,000

Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment -/mo

2 Beds

2 Baths

1,250 SqFt

SOLD DATE : 11/14/2024

Key Details

Property Type Condo

Sub Type Condo

Listing Status Sold

Purchase Type For Sale

Square Footage 1,250 sqft

Price per Sqft $392

MLS Listing ID 12189184

Sold Date 11/14/24

Bedrooms 2

Full Baths 2

HOA Fees $501/mo

Year Built 2005

Annual Tax Amount $9,682

Tax Year 2023

Lot Dimensions COMMON

Property Description

Tenant occupied unitl June 2025. Great investment opportunity with tenant in place. Come and see for yourself! 6% Capitalization Rate! Recently updated and ready for its new owner! This large 2br/2ba soft loft with 10' ceilings, floor ceiling windows and PRIVATE balcony provides fantastic city views in bustling River North. Proximal to an abundance of cafes, popular restaurants and night life. Southern exposure ensures you never miss a day of sun inside or out. Chef's kitchen with newer appliances, in unit washer/dryer, fully built out closets and updated bathrooms. six30 Franklin is a well maintained building with some of the lowest HOA's in River North including Cable (1,000 mbps), water, gas, and Amazon Lockers. Investor friendly building (no short term) with very healthy reserves and professionally managed. No rental caps, no active/upcoming special assessments. Close to transportation (Brown and Red lines) A+ with the Superior/Chicago L-line stops and the Kennedy Expressway within 1 block. Excellent parking spot offered for an additional 30k.

Location

State IL

County Cook

Area Chi - Near North Side

Rooms

Basement None

Interior

Interior Features Vaulted/Cathedral Ceilings, Elevator, Hardwood Floors, First Floor Laundry, Laundry Hook-Up in Unit, Storage, Built-in Features, Walk-In Closet(s), Bookcases, Ceiling - 10 Foot, Open Floorplan, Dining Combo, Doorman, Drapes/Blinds, Lobby

Heating Natural Gas, Forced Air

Cooling Central Air

Fireplace N

Appliance Microwave, Dishwasher, Refrigerator, Freezer, Washer, Dryer, Disposal

Laundry Gas Dryer Hookup, In Unit, Laundry Closet

Exterior

Exterior Feature Balcony

Garage Attached

Garage Spaces 1.0

Amenities Available Bike Room/Bike Trails, Elevator(s), On Site Manager/Engineer, Receiving Room, Security Door Lock(s)

Waterfront false

Roof Type Asphalt

Building

Story 11

Sewer Public Sewer

Water Lake Michigan

New Construction false

Schools

School District 299 , 299, 299

Others

HOA Fee Include Heat,Water,Gas,Insurance,Security,TV/Cable,Scavenger,Snow Removal,Internet

Ownership Condo

Special Listing Condition None

Pets Description Cats OK, Dogs OK, Number Limit

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Michael Bempah

The Bempah Group

mike@thebempahgroup.com +1(630) 206-9116

Our team is ready to help you sell your home for the highest possible price ASAP

Listed by Christopher Katsulis • THE NAV AGENCY
Bought with Grigory Pekarsky • Vesta Preferred LLC

GET MORE INFORMATION

Michael Bempah

Broker | License ID: 475.175881

mike@thebempahgroup.com

+1(630) 206-9116

50 S Main St, Naperville, IL, 60540, USA