Off-Market Condo at 845 N Kingsbury St, Chicago, IL 60610

845 N Kingsbury St, Chicago, IL 60610

Unit - #313

$345,000

Description

Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $172 per day and long-term for an average of $2,491 per month, based on similar listings in the area. Estimated short-term cap rate of 1.9%. Estimated long-term cap rate of -2.2%. Check out this stunning 1-bedroom, 1-bathroom PLUS den in the heart of River North, located on the highly sought-after Kingsbury Street! This recently rehabbed unit boasts a sleek, modern kitchen featuring pristine white quartz countertops, a stylish backsplash, elegant white cabinetry with gold accent hardware, and matching gold pendant lighting that adds a touch of sophistication. The luxurious, spa-like bathroom offers a high-end, full-size vanity with soft-close doors, a walk-in shower with both a rain showerhead and wall showerhead, quartz countertops, and an LED mirror with a defogger. The hexagon tile flooring and quartz shower tiles complete the upscale, contemporary look. Plus, recessed lighting with a dimmer adds the perfect ambiance. Step outside and enjoy your private balcony, perfect for morning coffee, evening cocktails, or simply taking in the stunning city views. Enjoy the convenience of an in-unit washer and dryer and move right into this freshly painted, beautifully updated home. Parking is included, making this a truly desirable living space in one of Chicago's most vibrant neighborhoods. River North is known for its vibrant arts scene, trendy restaurants, and bustling nightlife. Residents enjoy easy access to some of Chicago's top bars and eateries, like the renowned The Aviary, upscale RPM Steak, and cozy local favorites like The Dearborn. Just steps away from this unit, you'll find endless options for dining, shopping, and entertainment. For nature lovers, the neighborhood is also home to several green spaces, including Montgomery Ward Park and Chicago Riverwalk, perfect for outdoor recreation. Public transportation is a breeze, with multiple bus routes and the Chicago "L" just a short walk away, offering quick access to the Loop, Gold Coast, and beyond. What truly makes this neighborhood desirable is its perfect balance of urban energy and quiet residential charm, with an ideal location that puts you at the center of everything. Whether you're looking to dine out, explore the city's art galleries, or unwind in a nearby park, River North has it all!

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$745
Rental Policy
daily
Yearly Taxes
$6530
Bedrooms
1
Bathrooms
1
SQFT
909
Furnished
N/A
Year built
2007
Listing Status
Off Market
MLS
12272178

Short-term Rental Potential
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$44,028

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$379

Price/SQFT

Long-term Rental Potential
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$29,892

Revenue
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Cap rate
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Cash on Cash
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$2,491/mo

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