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700 W Van Buren Street Chicago, IL 60607 Residential - Condominium New

New - 24 Hours Ago
  • 700 W Van Buren Street , Unit 602, Chicago, IL 60607 Main Photo

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Description

Great Investor Opportunity! Tenant occupied until October 1, 2027, earning $2700/month for the next 12 months! Experience urban living at its best in this turn-key bright and spacious 1-bedroom concrete loft in the heart of the West Loop. Soaring 10' ceilings and oversized east-facing floor-to-ceiling windows flood the home with natural light and showcase stunning city views, including Willis Tower. The open-concept layout features a modern kitchen with wood panel cabinetry, granite countertops, a raised breakfast bar, subway tile backsplash, and newer black stainless steel appliances (refrigerator 2023; oven, range, and microwave/hood 2024; dishwasher 2026). An expansive living area offers hardwood flooring and a custom built-in desk - perfect for working from home - that opens to a private balcony ideal for enjoying morning coffee or evening cocktails. The fully enclosed bedroom comfortably fits a king-sized bed and includes a custom walk-in closet with ample shelving. Additional features include in-unit front-loading LG washer/dryer and a newer HVAC system (2021). Assigned garage parking INCLUDED. Pet-friendly. HOA includes cable with HBO Max and high-speed internet. Unbeatable location just steps from the Blue Line and major expressways (I-90/94 & I-290), with easy access to H-Mart, Mariano's, Whole Foods, Greektown, UIC, Fulton Market, Randolph Street dining, and the Loop.

Property Highlights

Property Type: Residential - Condominium
Total Living Area SF: 850
Garage Size: 1
Attached Garage
Built in 2002
School District: District 299

General Information

Bedrooms: 1
Bathrooms: 1
Sqft: 850
County: Cook
Listed By:
Compass 312-319-1168
MRED MLS

Room Information

Walk In Closet: 7X10
Dining Room: COMBO
Kitchen: 12X11
Living Room: 15X19
Primary Bedroom: 11X13
$295,000
Est. $2,003/mo
1beds
1baths
850sqft
1cars
New to the Market New
BEDS1 BATHS1 full SQUARE FEET850 MLS#12753839
STATUSNew PROPERTY TYPEResidential - Condominium SCHOOLDistrict 299

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700 W Van Buren Street , Unit 602, Chicago, IL 60607.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $295,000$295,000$295,000
Down Payment $59,000$10,325$73,750
Monthly Mortgage Amount $1,492$1,831$1,852
Taxes $411$411$411
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$130$0
Monthly Estimated Total $2,003$2,472$2,363

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