Sold for $1,216,000 on 8/01/22
Beds |
Baths |
Built |
Sq.Ft. |
Garage |
Taxes |
On Market |
5 |
— |
1915 |
— |
0 |
$14,921 |
1143 days |
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 TBFS Investments LLC-Realty
1147 W Diversey Pkwy. is a multi-unit home built in 1915, and is located in Chicago, IL, in the Sheffield & DePaul neighborhood. It has 5 bedrooms and — bathrooms, and has annual property taxes of $14,921.
Marco Amidei
(888) 32-Marco (847) 630-4886
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