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    1147 W Diversey Parkway

    Chicago, IL 60614
    • $1,249,999
    • STATUS: Active
    • ON SITE: 48 days
    • MLS #: 11009104
    $1,249,999
    • 5
      BEDS
    • N/A
      ACRES
    • 5
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1915
    County:

    School Ratings & Info

    School District:
    299

    Description

    CASH COW!!! This property is a cash cow and has generated (on average) $170,000 in annual revenue ($14,165 a month) as a LEGAL Airbnb / short-term rentals in the last 4 years. GREAT INVESTMENT! approx 17% cash on cash return. Listing Agent specializes in Airbnb / short-term rentals in the City of Chicago. Just ask for more information. The subject property is comprised of 3 unit building. The building was renovated in 2016 and comes fully furnished. As the building is operating as a legal airbnb / short-term rental, all future reservations can be passed along to the new buyer and the entire operation is 100% TURN KEY. You will generate short-term revenues the day you close on the property.

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    © 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Carolyn and Hillary Homes | Charles Rutenberg Realty. Based on information submitted to the MRED as of 2021-04-21T23:52:08.55 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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    1147 W Diversey Parkway Chicago, IL 60614

    • Price: $1,249,999
    • Status: Active
    • MLS #: 11009104
    5
    Beds
    5
    Baths
    0
    ½ Baths
    N/A
    Acres
    1915
    Built
    Neighborhood:
    Chi - Lincoln Park
    County:
    Cook
    Area:
    Chi - Lincoln Park
    School District:
    299
    Property Description
    CASH COW!!! This property is a cash cow and has generated (on average) $170,000 in annual revenue ($14,165 a month) as a LEGAL Airbnb / short-term rentals in the last 4 years. GREAT INVESTMENT! approx 17% cash on cash return. Listing Agent specializes in Airbnb / short-term rentals in the City of Chicago. Just ask for more information. The subject property is comprised of 3 unit building. The building was renovated in 2016 and comes fully furnished. As the building is operating as a legal airbnb / short-term rental, all future reservations can be passed along to the new buyer and the entire operation is 100% TURN KEY. You will generate short-term revenues the day you close on the property.
    Exterior Features

    Exterior Building Type Brick Is Parking Includedin Price No Number Of Cars 0 Parking None Unit1 Floor Level 3 Unit2 Floor Level 2 Unit3 Floor Level 1 Waterfront YN No

    Interior Features

    3 Bedroom Unit In Building No Appliances Features Unit1 StoveRefrigeratorWasherDryerDishwasherMicrowaveDisposalCentral Air ConditionerLaundry Hook-UpHardwood Floors Appliances Features Unit2 StoveRefrigeratorWasherDryerDishwasherMicrowaveDisposalCentral Air ConditionerLaundry Hook-UpHardwood Floors Appliances Features Unit3 StoveRefrigeratorWasherDryerDishwasherMicrowaveDisposalCentral Air ConditionerLaundry Hook-UpHardwood Floors Basement None Basement Bathrooms YN No Basement Description None Bathrooms Total Integer 5 Bedrooms Below Grade 0 Bedrooms Possible 5 Full Baths In Building 5 Full Baths In Unit1 1 Full Baths In Unit2 2 Full Baths In Unit3 2 Half Baths In Building 0 Half Baths In Unit1 0 Half Baths In Unit2 0 Half Baths In Unit3 0 Heating Natural GasForced Air Number Of Bedrooms Unit1 1 Number Of Bedrooms Unit2 2 Number Of Bedrooms Unit3 2 Number Of Rooms Unit1 4 Number Of Rooms Unit2 4 Number Of Rooms Unit3 4 Rooms Total 12

    Property Features

    Additional Parcels YN No Age Description 100+ Years Built Before1978 YN Yes Community Features CurbsSidewalksStreet LightsStreet Paved Corporate Limits Chicago General Information Commuter BusCommuter Train Lease Exp Date Mo Yr Unit1 0 Lease Exp Date Mo Yr Unit2 0 Lease Exp Date Mo Yr Unit3 0 Lot Size Less Than .25 Acre Lot Size Dimensions 25 X 85 New Construction YN No Property Sub Type 3 Flat Rebuilt YN No Rehab Year 2016 Rehab YN Yes Security Deposit Unit1 0 Security Deposit Unit2 0 Security Deposit Unit3 0 Sewer Public Sewer Special Assessments N Special Listing Conditions None Special Service Area N Tax Annual Amount 14996.29 Tax Year 2019 Tenant Pays Unit1 None Tenant Pays Unit2 None Tenant Pays Unit3 None Total Rental Income 170100 Unit1 Rent 0 Unit2 Rent 0 Unit3 Rent 0 Water Source Lake Michigan Zoning Multi

    Listing information © 2021 Midwest Real Estate Data LLC.
    Listing provided courtesy of Tbfs Investments Llc-Realty.


    © 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Carolyn and Hillary Homes | Charles Rutenberg Realty. Based on information submitted to the MRED as of 2021-04-21T23:52:08.55 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

    Digital Millennium Copyright Act
     
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