516/1224 W Van Buren St

Chicago IL 60607

900 sq. ft.

Condo

Last sold for $265,000

Daniel Diaz, last sold this property on 16 March 2023 after 214 days on market.

Overview

Excellent investment opportunity with renter to own this beautiful 2 bedroom/1bath loft in West Loop! Stainless steel appliances and granite counters in kitchen, IN-UNIT LAUNDRY, and hardwood floors in living room and kitchen! Large balcony with beautiful views! Professionally managed building which includes a rooftop deck, exercise facilities, media room, yoga room, storage and bike room! DEEDED HEATED PARKING INCLUDED IN PRICE! Rentals are allowed without rental restrictions! Very easy to secure a multi-year tenants! Walking distance to restaurants/nightlife, Whole Foods, Mariano's, Racine Blue Line, and UIC! Current lease is valid until 9/30/23.

Features

2 bedrooms

1 bathroom

1 carspace

900 sq. ft. floor area

Condo

Estimated Value

Based on this property and similar 2 bedroom condos sold in Chicago over the last 12 months, the estimated median property value of 516/1224 W Van Buren St is $540k.

Median value

$540k

Estimated value range

$224.9k - $1.45m

Median days on market

Estimated value trend

15%

increase over the last 12 months

Average days on market is based on recent, comparable sales in Chicago. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 516/1224 W Van Buren St

2023

Sold

$265,000

16 Mar 2023 by Daniel Diaz, of Baird & Warner

2017

Sold

$285,000

17 Feb 2017 by Sharon Tuckman, of Berkshire Hathaway HomeServices KoenigRubloff

2013

Sold

$227,500

28 Jun 2013 by Adam Wavrunek, of DOMAIN REALTY

Happy sellers in Chicago

We have insufficient information to provide an overview of customer satisfaction for Chicago. Viewing the agent profiles, reviews and sales for Chicago can provide insights for this location.