600 N Kingsbury St 906, Chicago, IL 60654

Beds
2
Baths
2
Sqft
1,150
Garage
Yes

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Listed byEngel & Voelkers Chicago North Shore
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Overview

An exceptional investment opportunity with a CAP rate of 6.49% in the heart of River North, a spacious 2-bedroom, 2-bath home can deliver immediate rental income and the kind of consistent demand investors love with a lease that extends through June 30, 2027. The unit showcases sweeping skyline views through floor-to-ceiling windows and opens onto a generous balcony-an inviting place to pause, breathe, and take in the city. The interior feels warm and elevated with maplewood flooring throughout, while a contemporary accent fireplace creates a striking focal point in the living area. The open kitchen is equipped with stainless steel appliances, granite counters, modern white cabinetry, and a full-size dishwasher. Full-size, in-unit laundry adds everyday convenience. The building features an outdoor pool and a well-equipped fitness center. Just outside the door, Montgomery Park and the riverfront trail offer a rare slice of nature in the city-perfect for dog walks, morning runs, or unwinding along the water. River North's top restaurants, East Bank Club, the CTA, and the Chicago Riverwalk are all moments away. One of the strongest indicators of this unit's value: the current owner has experienced zero vacancies-even through COVID-underscoring both the prime location and the high, reliable demand for this home. With a desirable layout, exceptional walkability, and a proven rental track record, this property stands out as a smart, high-performing addition to any investor's portfolio. Deeded garage parking is available for $35,000.

Location

Full feature list

Basic info

Property type
Other residential
Number of bedrooms
2
Number of bathrooms
2
Square feet
1,150
Year built
2002

Interior features

Laundry
In Unit

Exterior features

Water view
Yes

Garage and parking

Garage parking spaces
1

Utilities

Heating
Natural Gas
Cooling
Central Air
Sewer
Public Sewer
Water
Other

Estimated monthly costs

HOA Fees
$729

Taxes

Tax Annual Amount (2023)
$7,369.02

Public schools

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Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: Midwest Real Estate Data (MRED) MLS®#: 12517310 Last checked:

Based on information submitted to the MLS GRID as of . 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.