600 Kingsbury Street

About this home

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.

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From the listing's MRED record. MRED does not publish per-change dates through IDX, so price changes are shown without one rather than guessed.

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