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Michael Kang

michael@spacematchinc.com +1(773) 344-0738

Listed by Chris Vasilakopoulosof Baird & Warner

Est. payment | -/mo

1 Bed

1 Bath

840 SqFt

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Est. payment | -/mo

Save Virtual Tour

1 Bed

1 Bath

840 SqFt

Key Details

Property Type Condo

Sub Type Condo,High Rise (7+ Stories)

Listing Status Active

Purchase Type For Sale

Square Footage 840 sqft

MLS Listing ID 12779745

Bedrooms 1

Full Baths 1

HOA Fees $706/mo

Year Built 2006

Annual Tax Amount $6,984

Tax Year 2025

Lot Dimensions COMMON

Property Sub-Type Condo,High Rise (7+ Stories)

Property Description

INVESTOR ONLY! Excellent opportunity to own a loft-style one-bedroom, one-bath condo at River Place on the Park in the heart of River North. Currently tenant occupied with a lease through May 2027, providing an immediate income-producing investment opportunity. The open-concept loft-style floor plan features hardwood flooring, floor-to-ceiling windows, exposed concrete ceiling and pillars, and a private balcony offering impressive city and river views. The kitchen opens to the living area and features granite countertops, cherry cabinetry, stainless steel appliances, and a breakfast island. The spacious bedroom offers generous closet space and storage. Additional features include in-unit washer and dryer, and a well-appointed bathroom. One heated garage parking space and a large storage locker are included in the list price. Monthly assessments cover heat, air conditioning, water, gas, cable, internet, and trash service. River Place on the Park is a full-amenity building with 24-hour door staff, fitness center, on-site management and maintenance, elevator, and additional storage. Ideally located along the Chicago Riverwalk and next to Montgomery Ward Park, with easy access to East Bank Club, restaurants, nightlife, shopping, public transportation, and I-90/94. A fantastic opportunity for an investor looking for a desirable River North location, existing tenant and rental income, and included garage parking and storage.

Location

State IL

County Cook

Community Park

Rooms

Basement None

Interior

Heating Natural Gas, Forced Air

Cooling Central Air

Flooring Hardwood

Fireplace Y

Appliance Range, Microwave, Dishwasher, Refrigerator, Freezer, Washer, Dryer, Disposal, Stainless Steel Appliance(s)

Laundry Washer Hookup, In Unit

Exterior

Exterior Feature Balcony

Garage Spaces 1.0

Community Features Bike Room/Bike Trails, Door Person, Elevator in Residence, Exercise Room, Storage

View Y/N true

Roof Type Other

Building

Lot Description Landscaped

Foundation Concrete Perimeter

Sewer Public Sewer

Water Lake Michigan, Public

Structure Type Concrete

New Construction false

Schools

School District 299, 299, 299

Others

Pets Allowed Cats OK, Dogs OK, Number Limit

Ownership Condo

Special Listing Condition None

Virtual Tour https://real.vision/700-north-larrabee-street-1705?o=u

700 N LARRABEE ST #1705 Chicago, IL 60654

Michael Kang

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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700 N LARRABEE ST #1705

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