606 E Woodland Park Ave Apt 608, Chicago, IL
2 bd · 2 ba · 1,038 sqft Condo listed at $175,000, built in 1986 in the Douglas neighborhood.
About this home
A rare opportunity to acquire multiple condo units within Woodland Park by the Lake, a secured, gated community set on approximately 7 beautifully landscaped acres adjacent to Chicago's lakefront. Offered individually or as a portfolio, this is a flexible acquisition ideal for investors seeking rental income, long-term appreciation, or a value-rich Chicago hold. The portfolio includes one-bedroom units and two-bedroom units, each with an assigned parking space and rentals allowed. Units are unwarrantable, separately deeded, and sold as-is, appealing to cash buyers or those utilizing non-conventional financing strategies. Many units offer park views, while others capture lake or downtown skyline views. Woodland Park by the Lake delivers a resort-style living experience, including curated botanical gardens, picnic and grilling areas, gazebo seating, bicycle rooms, storage lockers, and dual elevators. Community amenities extend to Level 2 EV charging stations, an adult fitness park, children's playground, off-leash dog park, and seasonal gardens. A 24-hour staffed gatehouse and free visitor parking. Conveniently located near the 35th Street Pedestrian Bridge over Lake Shore Drive, with easy access to the lakefront, downtown Chicago, and public transit-including a nearby Divvy bike station-this setting offers a calm, serene environment in a truly unique, one-of-a-kind community. Opportunities offering scale, lifestyle-driven amenities, security, and parking-all in one offering-are exceptionally rare in Chicago.
Property details
- Price
- $175,000
- Bedrooms
- 2
- Bathrooms
- 2
- Interior
- 1,038 sqft
- Price / sqft
- $169
- Year built
- 1986
- Type
- Condo
- Days on market
- 74
- Est. property tax
- $3,640/yr · $303/mo · 2.08% IL avg
- HOA
- $386/mo
Estimated monthly payment
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Location
This home is located in Chicago, IL. Browse more Chicago listings on the Chicago market page or explore the full Chicago market report.
About Chicago: Chicago is the most populous city in the U.S. state of Illinois and in the Midwestern United States. Located on the western shore of Lake Michigan, it is the third-most populous city in the United States, with a population of 2.74 million at the 2020 census. The Chicago metropolitan area has 9.41 million residents and is the third-largest metropolitan area in the country. Chicago is the seat of Cook County, the second-most populous county in the U.S. (source: Wikipedia)
Climate: Average year-round temperature is 51°F with 211 dry days per year and 39.9 inches of annual rainfall.
Home Intelligence
Neighborhood (zip 60616)
This neighborhood is primarily renter-occupied (38% owner-occupied). Median age is 37.6; 26% hold a bachelor's degree; median household income is $72,326.
- Median income
- $72,326
- Median age
- 37.6
- Owner-occupied
- 37.9%
- Bachelor's degree
- 25.7%
- Census median home value
- $391,100
Source: US Census Bureau American Community Survey 5-year estimates.
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