One-Bedroom Condo Income
For Sale
$190,000
535 N MICHIGAN Avenue #2815, Chicago, IL 60611
Tenant occupancy extends through August 2026 within a condominium offering extensive resident amenities and city-facing views.
Property SizeContact for details
Days on Market15
Property Features for 535 N MICHIGAN Avenue #2815
General Information
Standard status
Active
Property subtype
Apartment
Occupancy
100%
Financials
Gross Income
$22,800
Average Monthly Rent
$1,900
Units
Unit Mix
1 x Jr 1BR
Multifamily Units
1
Additional Details
Road Access
Yes
Amenities
24-hr doorman
indoor pool
exercise room
wrap around deck
community room
storage lockers
bike room
receiving room
laundry room
Steam
Central Air
Natural Gas
Range
Microwave
Refrigerator
Building Details
Year Built
1962
Tenancy
Single
Listing Agency:
Jameson Sotheby's Intl Realty
(312) 925-7668
Listed By:
Gail Spreen · License #471004676
(312) 925-7668
Source:
Kw
Added: Aug 10
Changed: Aug 13
Last Checked: Aug 23 at 1:04PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Jameson Sotheby's Intl Realty
Investment Insights
Based on property information with market context.
This junior one-bedroom condominium at 535 N Michigan Avenue, Unit 2815, features hardwood flooring and sliding glass doors that separate the sleeping area from the living space. The residence includes a range, microwave, refrigerator, central air, steam heat, and natural gas service. Views extend across Michigan Avenue and the surrounding cityscape.
Built in 1962, the building provides a 24-hour doorman, indoor pool, exercise room, wraparound deck, renovated community room, storage lockers, bike room, receiving room, and laundry room. The assessment includes heat, air conditioning, cable, internet, and building amenities. The residence is rented through 8/31/26, with retail, dining, grocery, and entertainment options located along Michigan Avenue and at Shops at North Bridge and Nordstrom.
Built in 1962, the building provides a 24-hour doorman, indoor pool, exercise room, wraparound deck, renovated community room, storage lockers, bike room, receiving room, and laundry room. The assessment includes heat, air conditioning, cable, internet, and building amenities. The residence is rented through 8/31/26, with retail, dining, grocery, and entertainment options located along Michigan Avenue and at Shops at North Bridge and Nordstrom.
Key Highlights
- Junior one‑bedroom condominium at 535 N Michigan Avenue #2815
- Rented through 8/31/26
- Hardwood floors with sliding glass doors between living and sleeping areas
Property Analytics
Property Profile
Current Use
Lease Details
1
Residential units
100%
Occupancy
Single-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
30,068
Businesses Nearby
Explore this area
Business Placement
Demographics for 60611, IL
38,456
Population
28,239
Households
1.4
Avg Household Size
39
Median Age
88%
College-Educated
99%
High-School Grad
0.8 sq mi
ZIP Area
48,070
Density / Sq Mi
$124,621
Median Household Income
$92,917
Median Earnings
$2,416
Median Rent
$608,200
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential income property - Tenant occupancy extends through August 2026 within a condominium offering extensive resident amenities and city-facing views.
Where is this residential income property located?
The property is located at 535 N MICHIGAN Avenue #2815 Chicago, IL.
What is the asking price?
The asking price for this property is $190,000.
What are key features of this property?
This property features: Junior one‑bedroom condominium at 535 N Michigan Avenue #2815; Rented through 8/31/26; Hardwood floors with sliding glass doors between living and sleeping areas
