Studios at the 512 McClurg, River East building

I have helped two clients bought studios at the 512 McClurg this year, one bought a studio on a high floor foreclosure from the bank, the other one bought from a regular sale on a mid to high floor. The closing price is between $170k – $185k.

Both units are rental properties and we get to rent them out within 30 days after the closing. This building has very low maintenance fees compare to buildings around it. One of the reasons is it does not have a swimming pool, however, it does have Homes gym in the building which residents could join with a discount. In the gym, there is a great indoor pool.