Off-Market Condo at 211 E Ohio St, Chicago, IL 60611
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211 E Ohio St, Chicago, IL 60611

Unit - #1514

$250,000

Description

Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $269 per day and long-term for an average of $2,402 per month, based on similar listings in the area. Estimated short-term cap rate of 6.5%. Estimated long-term cap rate of -0.0%. A MUST SEE 1 BEDROOM AT THE GRAND OHIO BRIGHT CHEERFUL UNIT UPDATED KITCHEN. BUILDING INCLUDES STATE-OF-THE-ART HEALTH CLUB W/INDOOR POOL, JACUZZI, STEAM, SAUNA, RACQUETBALL/BASKETBALL/TENNIS COURTS, EXERCISE & CARDIO ROOMS. SOUTH FACING CONDO. INCLUDES STORAGE UNIT.

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$674
Rental Policy
daily
Yearly Taxes
$4796
Bedrooms
1
Bathrooms
1
SQFT
750
Furnished
N/A
Year built
1984
Listing Status
Off Market
MLS
12312247

Short-term Rental Potential
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$45,000

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$333

Price/SQFT

Long-term Rental Potential
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$28,824

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$2,402/mo

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