# 10 E Ontario Street #1506, Chicago, IL 60611 > **TL;DR:** 1bd/1ba condo, $230,000 ($301/sqft), built 1981, 765 sqft. > A/C, 1-car garage. Est. $1,230/mo. Listed 2 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $230,000 | | Price/sqft | $301 | | Bedrooms | 1 | | Bathrooms | 1 full | | Square Feet | 765 | | Year Built | 1981 | | Garage | 1-car | | Property Type | Condo (Condominium) | | Status | Active | | Days on Market | 2 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $1,163 | | Estimated Insurance | $67 | | **Total** | **$1,230** | ## Key Amenities - A/C - 1-car garage ## Property Highlights - Built in 1981 - 1 parking spaces ## Description ### Agent Description 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. ## Location - **Address:** 10 E Ontario Street #1506, Chicago, IL 60611 - **County:** Cook - **Coordinates:** 41.893435, -87.627598 - **Google Maps:** https://www.google.com/maps?q=41.893435,-87.627598 ## Listing Agent - **Name:** Tarik Hage - **Brokerage:** Real Broker LLC - **Broker Phone:** (267) 241-1073 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/10-E-Ontario-St-Apt-1506_Chicago_IL_60611_M72478-44141?f=listhub&s=MREDIL&m=12791136&c=propsimple) ## Photos ![10 E Ontario Street #1506 - Photo 1](http://lh.rdcpix.com/bc3f6d813eed1c51a66032e34c7352b2l-f166574133r.jpg) ![10 E Ontario Street #1506 - Photo 2](http://lh.rdcpix.com/bc3f6d813eed1c51a66032e34c7352b2l-f3259759464r.jpg) ![10 E Ontario Street #1506 - Photo 3](http://lh.rdcpix.com/bc3f6d813eed1c51a66032e34c7352b2l-f915889158r.jpg) ![10 E Ontario Street #1506 - Photo 4](http://lh.rdcpix.com/bc3f6d813eed1c51a66032e34c7352b2l-f364466895r.jpg) ![10 E Ontario Street #1506 - Photo 5](http://lh.rdcpix.com/bc3f6d813eed1c51a66032e34c7352b2l-f3701829952r.jpg) ![10 E Ontario Street #1506 - Photo 6](http://lh.rdcpix.com/bc3f6d813eed1c51a66032e34c7352b2l-f3280972566r.jpg) ![10 E Ontario Street #1506 - Photo 7](http://lh.rdcpix.com/bc3f6d813eed1c51a66032e34c7352b2l-f2619713077r.jpg) ![10 E Ontario Street #1506 - Photo 8](http://lh.rdcpix.com/bc3f6d813eed1c51a66032e34c7352b2l-f1151566236r.jpg) ![10 E Ontario Street #1506 - Photo 9](http://lh.rdcpix.com/bc3f6d813eed1c51a66032e34c7352b2l-f1871720371r.jpg) ![10 E Ontario Street #1506 - Photo 10](http://lh.rdcpix.com/bc3f6d813eed1c51a66032e34c7352b2l-f3497497848r.jpg) ![10 E Ontario Street #1506 - Photo 11](http://lh.rdcpix.com/bc3f6d813eed1c51a66032e34c7352b2l-f4897979r.jpg) ![10 E Ontario Street #1506 - Photo 12](http://lh.rdcpix.com/bc3f6d813eed1c51a66032e34c7352b2l-f471036877r.jpg) ![10 E Ontario Street #1506 - Photo 13](http://lh.rdcpix.com/bc3f6d813eed1c51a66032e34c7352b2l-f68872148r.jpg) ![10 E Ontario Street #1506 - Photo 14](http://lh.rdcpix.com/bc3f6d813eed1c51a66032e34c7352b2l-f1787839157r.jpg) ![10 E Ontario Street #1506 - Photo 15](http://lh.rdcpix.com/bc3f6d813eed1c51a66032e34c7352b2l-f4001805097r.jpg) ![10 E Ontario Street #1506 - Photo 16](http://lh.rdcpix.com/bc3f6d813eed1c51a66032e34c7352b2l-f559211259r.jpg) ![10 E Ontario Street #1506 - Photo 17](http://lh.rdcpix.com/bc3f6d813eed1c51a66032e34c7352b2l-f3829273434r.jpg) ![10 E Ontario Street #1506 - Photo 18](http://lh.rdcpix.com/bc3f6d813eed1c51a66032e34c7352b2l-f119141334r.jpg) ![10 E Ontario Street #1506 - Photo 19](http://lh.rdcpix.com/bc3f6d813eed1c51a66032e34c7352b2l-f2002668649r.jpg) ![10 E Ontario Street #1506 - Photo 20](http://lh.rdcpix.com/bc3f6d813eed1c51a66032e34c7352b2l-f2386718752r.jpg) --- **MLS#:** 12791136 | **Updated:** 2026-10-28 **Source:** listhub *Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://www.propertysimple.ai/listing/10-e-ontario-street-chicago-il-60611-3662cb5cb0fb45f6a47230f0cc01b07f) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/10-e-ontario-street-chicago-il-60611-3662cb5cb0fb45f6a47230f0cc01b07f#listing", "url": "https://www.propertysimple.ai/listing/10-e-ontario-street-chicago-il-60611-3662cb5cb0fb45f6a47230f0cc01b07f", "name": "10 E Ontario Street #1506, Chicago, IL 60611", "description": "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. 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