10 E Ontario Street #1303, Chicago IL 60611
$275,000

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Property Description

TURN KEY INVESTMENT OPPORTUNITY This 1-bedroom, 1-bathroom condo in the heart of River North comes with a well-qualified tenant already in place on a newly signed 12-month lease. That means rental income starts the day you close, with no vacancy, no leasing costs, and no tenant search. Unit 1303 sits on the 13th floor and offers city views, an efficient open layout, and a comfortable bedroom with ample closet space. It's a low-maintenance unit that appeals to renters, which makes it easy to lease again when the current term ends. The building offers full amenities, including a 24-hour door staff, fitness center, and rooftop pool / sundeck. The location is hard to beat: steps to the Magnificent Mile, top restaurants, nightlife, shopping, and the Red Line, with easy access to the Loop and Lake Michigan. Downtown demand for rentals is strong year after year. Whether you're expanding your portfolio or buying your first rental, this unit offers a steady income, a prime location, and an easy purchase.

Features & Information

Key Details

  • List Price $275,000
  • Property Taxes $5,383
  • Assessments/HOA $751
  • Assessments/HOA frequency Monthly
  • Assessments/HOA Fee Includes Heat, Water, Insurance, Exercise Facilities, Pool, Exterior Maintenance, Scavenger, Snow Removal
  • Square Feet 0
  • Year Built 1981
  • Listing Market Time 36
  • Status Active

Rooms

  • Total Rooms 4
  • Number of Bedrooms 1
  • Number of Bathrooms 1
  • Primary Bedroom

  • Room Size 17X12
  • Floor Level Main
  • Primary Bathroom None
  • Living Room

  • Room Size 22X17
  • Floor Level Main
  • Dining Room

  • Room Size COMBO
  • Floor Level Main
  • Kitchen

  • Room Size 10X8
  • Floor Level Main

Additional Rooms

  • Balcony/Porch/Lanai

  • Room Size 25X6
  • Floor Level Main

Interior Features

  • Heating & Cooling

  • Heating Type Electric
  • Air Conditioning Central Air

Exterior Features

  • Parking

  • # of Cars 0

Building Information

  • Number of Units 467
  • Age of Building 41-50 Years
  • Exposure South
  • Pets

  • Pets Allowed? Cats OK, Dogs OK, Number Limit, Size Limit

Location

  • County Cook
  • Township North Chicago
  • Corporate Limits Chicago
  • Directions to Property North Of Grand; South Of Chicago. East Of State St.
  • Schools

  • Elementary School District 299
  • Junior High District 299
  • High School District 299
  • Property Taxes

  • Tax 5382.7
  • Tax Year 2024
  • Tax Exemptions None
  • Parcel Identification Number 17101110141405

Listed by Tarik Hage for Real Broker LLC | Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 10/27/2026 12:02 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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