Located in one of the most sought-after buildings in the Lincoln Square neighborhood, this light-filled, north-facing 1-bedroom apartment offers exceptional value and delight. The apartment has already been thoughtfully converted from jumbo studio to a 1-bedroom home, saving you time and effort.
Upon entry, you're greeted by a welcoming foyer featuring a large walk-in closet and ample wall space for additional organizational needs-perfect as a mud room.
Step into the expansive, loft-like living room and be wowed by the flood of natural light from the four oversized windows which also offer spectacular views of the cityscape. This large space offers endless possibilities for personalization. Whether you envision a sectional sofa, a large TV on the wall, or a stylish dining table, this versatile space can accommodate any configuration. Midcentury modern, industrial chic, or boho style-this room works with all decor preferences.
The kitchen, just off the living area, is both classic and cheerful. Black and white floor tiles are complemented by a vibrant yellow wall, creating an upbeat atmosphere. The kitchen is in excellent condition, with white appliances that match the cabinetry and countertops.
The generously sized bedroom has two windows, allowing for additional light, and an air conditioner for year-round comfort. The room comfortably fits a queen-sized bed, two night tables, a dresser, and space for artwork, making it a true retreat.
A separate dressing area leads to the updated bathroom, which includes a cast-iron bath in excellent condition. Contractors agree-"they don't make them like that anymore. " The dressing room offers a large closet on one side and additional shelves for added storage.
In-unit washer-dryer installation is now permitted (subject to approval and installation guidelines as of July 2024), offering further convenience.
The building, part of the desirable Lincoln Towers community, offers unparalleled amenities, including a full-time doorman, 24/7 security, live-in resident manager, on-site management company, gym, community room, Quality of Life Committee, parking garage, storage, and bike and laundry rooms. The private 5-acre park at the back of the building features playgrounds, basketball and pickleball courts, and picnic tables.
Pets are welcome.
With solid financials, no flip tax, and no assessments in the past five years (none expected in the future), this co-op offers peace of mind.
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NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $495,200 | $495,200 | $495,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,295 | $3,291 | $4,176 |
Total Monthly Payment | $3,387 | $3,383 | $4,268 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.