Description
Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $311 per day and long-term for an average of $3,162 per month, based on similar listings in the area. Estimated short-term cap rate of 6.8%. Estimated long-term cap rate of 2.7%. Discover city life in the heart of Printers Row! Convenient circle drive opens to large lobby for welcoming guests. This elegant unit features stunning mahogany hardwood floors, solid wood doors, and a recently updated galley kitchen with stainless steel appliances. The spacious master bedroom comes with a large walk-in closet with organizers, while the second bedroom offers generous space for guests or family. Enjoy two full bathrooms, each equipped with a tub/shower combo. Community laundry room with plenty of machines. Personal locker for additional storage. Located just a short stroll from Lake Michigan, Museum Campus, Grant Park, shopping, dining, and public transportation. The pet-friendly building also offers the convenience of a door-person and parking options available for rent or purchase. Your ideal condo awaits!
Property Information
Airbnb Avg Daily | See Full Details |
Occupancy Rate | See Full Details |
Monthly HOA | $712 |
Rental Policy | daily |
Yearly Taxes | $4557 |
Bedrooms | 2 |
Bathrooms | 2 |
SQFT | 1,014 |
Furnished | N/A |
Year built | 1983 |
Listing Status | Off Market |
MLS | 12254445 |
