Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $272 per day and long-term for an average of $3,212 per month, based on similar listings in the area. Estimated short-term cap rate of 5.2%. Estimated long-term cap rate of -2.5%. Rarely available premier south facing 09 Tier with incredible city views of NBC Tower, Tribune Tower, the Wrigely Building, Trump Tower, the Lake and the River! Over 1,000sqft this 1 Bed+office w/ 1.5 Baths in this class A building located in the heart of Streeterville. With 10ft ceilings and wall-to-wall windows this residence is light, airy and flooded with natural light. Top of the line finishes include a gourmet kitchen w/ss appliances, slow closing cabinetry, granite countertops, marble bathrooms, custom closet organizers and window shades, and hardwood floors throughout. Enjoy all true city living has to offer being steps away from Michigan Ave's Magnificent Mile Shopping, the Lake, Parks, Restaurants, Movie Theater, as well as having Whole Foods and Planet fitness in the building. Experience luxury living w/exercise rooms, 24h door staff, sauna, newly renovated party room, media room, business center, outdoor pool w/terrace and lush landscape. Storage unit included. Deeded Parking: 50,000.
Airbnb Avg Daily | See Full Details |
Occupancy Rate | See Full Details |
Monthly HOA | $885 |
Rental Policy | daily |
Yearly Taxes | $9524 |
Bedrooms | 1 |
Bathrooms | 2 |
SQFT | 1,020 |
Furnished | N/A |
Year built | 2008 |
Listing Status | Off Market |
MLS | 12189920 |