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$230,000

  • For Sale
  • Active
  • Condo
  • 1 Bed
  • 1 Full Bath
  • 765 Sq. Ft.
  • 1 Car Garage
  • Updated 2 days ago
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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.

Full Property Details for 10 E Ontario St #1506

General

  • Price: $230,000
  • Taxes: $3,652 (2025)
  • Status: Active
  • Type: Condo
  • Source: MRED
  • MLS ID: 12791136
  • Updated: 11/3/2026
  • Added to Site: 8 day(s) ago

Interior

  • Basement: None
  • Appliances: Range, Microwave, Dishwasher, Refrigerator

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1

Bedrooms

  • Total Bedrooms: 1

Additional Information

  • Shared Amenities: Bike Room/Bike Trails, Door Person, Coin Laundry, Exercise Room, Party Room, Sundeck, Pool, Sauna, Steam Room, Spa/Hot Tub, Elevator(s)

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 1
  • Total Spaces: 1
  • Parking Features: Garage Door Opener, Yes, Garage Owned, Attached, Garage

Location

  • Area: CHI - Near North Side
  • County: Cook
  • Township: North Chicago
  • Driving Directions: From Ohio St, head east to State St, then turn left (north) and continue three blocks to Erie St.

School Information

  • School District: 299
  • Elem School District: 299
  • Midd School District: 299
  • High School District: 299

Community

  • Assoc. Fees Include: None
  • Pets Allowed: Yes
  • Pets: Cats OK, Dogs OK, Size Limit
  • Pet Restrictions: Cats OK, Dogs OK, Size Limit, / 50lbs.
  • Mgmt. Company: Sudler Management

Heating & Cooling

  • Cooling Type: Central Air Conditioning
  • Heating Type: Electric

Utilities

  • Sewer: Public Sewer
  • Water: Lake Michigan

Structural Information

  • Structure Type: Condo
  • Construction: Glass, Concrete
  • Exterior Const.: Glass, Concrete
  • Basement Desc.: None
  • Entry Floor Number: 15
  • Stories/Levels: 51
  • Square Feet: 765
  • Sq. Ft. Source: Estimated
  • Year Built: 1981

Unit Information

  • Units in Building: 467

Lot Features

  • Lot Dimensions: COMMON

Animals

  • Animals Allowed: Cats OK, Dogs OK, Size Limit

Financial Considerations

  • Assessment Year: 1981
  • Tax Amount: $3,652
  • Tax Year: 2025
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Condo
  • Property ID: 17101110141378

Listed by Real Broker LLC

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Listing agent

— 10 E Ontario St #1506 —

  • Real Broker LLC

(630) 209-6111

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Price & Sales History for 10 E Ontario St #1506 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/28/2026
Listed
$230,000
-6.69%
MLS
8/05/2021
Sold
$246,500
—
Public Record
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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 10 E Ontario St #1506

Year
Property Taxes
Change
Tax Assessment
Change
2023
$3,950
—
$17,591
-6%
2023
$3,950
3%
$18,719
—
2022
$3,850
2%
$18,719
—
2021
$3,764
-4%
$18,719
6%
2020
$3,917
2%
$17,584
-8%
2019
$3,835
2%
$19,090
—
2018
$3,771
21%
$19,090
32%
2017
$3,107
7%
$14,432
—
2016
$2,891
9%
$14,432
—
2015
$2,645
32%
$14,432
33%
2014
$2,008
2%
$10,824
—
2013
$1,969
1%
$10,824
—
2012
$1,942
—
$10,824
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Real Broker LLC

10 E Ontario Street #1506, Chicago, IL 60611 (MLS# 12791136) is a Condo property with 1 bedroom and 1 full bathroom. 10 E Ontario Street #1506 is currently listed for $230,000 and was received on October 28, 2026. Want to learn more about 10 E Ontario Street #1506? Do you have questions about finding other Condo real estate for sale in Near North Side? You can browse all Near North Side real estate or contact a Coldwell Banker agent to request more information.

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