Illinois
Chicago
3930 N Pine Grove Avenue 604

$225,000

3930 N Pine Grove Avenue 604, Chicago, IL 60613

1 bed |
1 bath |
750 sqft

Condominium
Built in 1971
—— sqft lot
1 car garage
$300/sqft
Listed 1 day ago

Property Description

**Investor Alert**: This turnkey condo offers a strong ~5.7 cap rate with full occupancy and low overhead. Located in a desirable, high-demand neighborhood, it delivers steady cash flow plus long-term appreciation potential. With updated finishes, stable HOA, and reliable rental history, this is a low-maintenance addition to any portfolio. South-facing and sun-drenched, this spacious 1-bedroom, 1-bath condo sits in the heart of Lakeview at the full-amenity Lake Park Plaza. Floor-to-ceiling windows, hardwood floors, and an open-concept layout make this home perfect for both entertaining and everyday living. The updated kitchen features flat-panel cabinetry, a mosaic tile backsplash, stainless steel appliances, and a peninsula with seating. The oversized living room easily fits both lounge and dining areas. The king-sized bedroom offers new carpet, abundant closet space, and large windows. A modern bath and additional entry storage complete the home. Currently rented through May 2026 for $1,950/month. Owners may rent with a 12-month lease (no Airbnb or short-term rentals). FHA-approved building. Lake Park Plaza offers full-service amenities: Outdoor pool + landscaped sundeck with BBQ grills & fire pits Fitness center, tennis/pickleball court & basketball court 24/7 door staff & on-site management Receiving room & Go Grocer Bike storage, private storage cage, party room & dog run Parking: Valet ($221) or self-park ($246), based on availability. **48 hour notice for all showings. No exceptions**

Listing Status:: Active
Listing Office:: Compass : 773-909-3749
Listing Agent:: Megan Sullivan : 773-909-3749
MLS ID:: 12447008

General: StorageDoormanHealth FacilitiesLobby
Rooms: No additional rooms
Dining: Combined w/ LivRm
Laundry: Common Area
Basement: None
Flooring: CarpetWood
A/C: Central Air
Heating: Forced Air
Disability Feature: None

This listing courtesy of Megan Sullivan, Compass

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Greeley Elementary School

832 W Sheridan Rd, Chicago, IL, 60613

Grades PK-8

0.12 miles away

Greeley Elementary School

832 W Sheridan Rd, Chicago, IL, 60613

Grades PK-8

0.12 miles away

Uplift Community High School

900 W Wilson Ave, Chicago, IL, 60640

Grades 9-12

0.84 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.