1147 W Diversey Pkwy., Chicago, IL 60614

1147 W Diversey Pkwy., Chicago, IL 60614
Photo 1 of 1
$1,216,000
Sold on 8/01/22
Beds Baths Sq. Ft. Taxes Built
5 0.00 0 $14,921 1915
On the market: 132 days
View full details, 15 photos, school info, and price history
Looking to jump into the Airbnb business? This is your perfect new turn key Airbnb investment. All 3 units are 100% legal with the City and you would be cash flowing the day you close! 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 6 years. GREAT INVESTMENT! approx 17% cash on cash return. 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. The building is renting for $1,000 - $2,000 a night in 2022. Refer to the pictures for validation.
Listing courtesy of Daniel Moja, TBFS Investments LLC-Realty