20 photos

10 E Ontario Street Chicago IL 60611 Unit 1506

MLS #12791136

For Sale
$230,000
October 28th, 2026

Description

Investor-Ready 1 Bedroom Convertible at Ontario Place: Leased Through [2028] This is a turnkey investment in the heart of River North. Unit #1506 is a 1-bedroom, 1-bathroom convertible of about [765] sq ft. It's currently leased for two years, so you get steady rental income from day one without having to find a tenant. The flexible layout is a big part of the value. The convertible space can be closed off as a home office, a guest room or a second sleeping area. Renters want that kind of flexibility, which helps keep the unit in demand at lease renewal or resale. Large windows bring in natural light, and the kitchen and bathroom are [updated / well maintained]. Ontario Place is a full-service building that allows rentals, making it a proven choice for investors. Residents get 24-hour door staff and concierge, a pool, a fitness center, a sauna, a business center, a residents' lounge, a party room and a bike room. Pets are welcome, which widens the pool of renters. The location is steady rental demand on its own. You're steps from the Magnificent Mile, the Riverwalk, the Red Line, major employers and some of Chicago's best restaurants and shopping. Secure income, a flexible layout and a full-service building. Ask about lease terms and financials. Tenant-occupied: 24-hour notice required for all showings. Please respect the tenant's privacy and do not disturb them.

Property Info

1 Bedrooms
1 Bathrooms
7 Days on Market
765 Sq Ft
$301/sqft
PIN: 17101110141378

Tax & HOA Information

Tax Year 2025: $3,652
HOA: $507/month
Unlock Investment Analysis

Create a free account to unlock full investment analysis, including ROI calculations, cash flow projections, and rental eligibility data.

Schools

GreatSchools Rating: N/A
Elementary School
District 299
GreatSchools Rating: N/A
Ogden Elementary
District 299
GreatSchools Rating: N/A
Middle School
District 299
GreatSchools Rating: N/A
High School
District 299

Property Location

MRED Broker Reciprocity Logo MRED MLS Grid Logo

Listed by Tarik Hage with Real Broker LLC 217-960-8605

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity℠ Program of Midwest Real Estate Data. Real estate listings held by brokerage firms other than Panda Nook Realty are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.

Based on information submitted to the MLS GRID for MRED as of 11/6/2026. 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. IDX information is provided exclusively for consumers' personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end-user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time.

©2026 Listings Courtesy of MRED as distributed by MLS GRID. All rights reserved.

Data is refreshed every 15 minutes. Listing last updated 9:15 PM CT on 11/6/2026.

Contact Agent