D
Seller's Agent in 2022
Dan Moja
TBFS Investments LLC-Realty
(217) 725-7346
1 in this area
5 Total Sales
1147 W Diversey Pkwy Chicago, IL 60614
Sheffield & DePaul Neighborhood
5
Beds
5
Baths
--
Sq Ft
1915
Built
Highlights
- Forced Air Heating System
- 4-minute walk to Diversey Station
- Paved or Partially Paved Lot
- Lincoln Park High School Rated A
About This Home
As of August 2022Looking 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.
Last Agent to Sell the Property
TBFS Investments LLC-Realty License #471020245 Listed on: 03/22/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $14,921
Year Built
- Built in 1915 | Remodeled in 2016
Lot Details
- Lot Dimensions are 25 x 85
- Paved or Partially Paved Lot
Home Design
- Brick Exterior Construction
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Potential Bedrooms
- 5 Bathrooms
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Lake Michigan Water
Community Details
- 3 Units
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/01/2022 08/01/22 | Sold | $1,216,000 | -2.7% | -- |
| 05/24/2022 05/24/22 | Pending | -- | -- | -- |
| 03/22/2022 03/22/22 | For Sale | $1,249,999 | +52.4% | -- |
| 10/01/2015 10/01/15 | Sold | $820,000 | -6.3% | -- |
| 08/17/2015 08/17/15 | Pending | -- | -- | -- |
| 06/17/2015 06/17/15 | Price Changed | $875,000 | -2.8% | -- |
| 02/09/2015 02/09/15 | For Sale | $900,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
Agents Affiliated with this Home
-
-
Buyer's Agent in 2022
Puneet Kapoor
Keller Williams Infinity
(630) 362-2673
1 in this area
190 Total Sales
-
J
Seller's Agent in 2015
Jerry Conroy
JMC Real Estate Investments Ltd
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11354038
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