Off-Market Condo: 08 at 933 W Van Buren St, Chicago, IL 60607
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933 W Van Buren St, Chicago, IL 60607

- #308

$414,900

Description

Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $323 per day and long-term for an average of $3,098 per month, based on similar listings in the area. Estimated short-term cap rate of 8.1%. Estimated long-term cap rate of -0.4%. Be sure to stop by this weekend to see this stunning south-facing, two-bedroom, two-bathroom home filled with natural sunlight. Recently renovated, it features an updated kitchen, modern bathrooms, refreshed flooring, and a fresh coat of paint-making it a perfect turnkey opportunity for West Loop living. The split floor plan offers flexibility for a work-from-home lifestyle or a roommate setup. With all the heavy lifting already done, you can move right in and start enjoying the building's amenities and everything the amazing West Loop has to offer!

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$516
Rental Policy
daily
Yearly Taxes
$6331
Bedrooms
2
Bathrooms
2
SQFT
1,100
Furnished
N/A
Year built
2002
Listing Status
Off Market
MLS
12305961

Short-term Rental Potential
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$72,744

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$377

Price/SQFT

Long-term Rental Potential
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$37,176

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$3,098/mo

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