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Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $289 per day and long-term for an average of $2,411 per month, based on similar listings in the area. Estimated short-term cap rate of 7.9%. Estimated long-term cap rate of -1.0%. Highly-desirable, immaculate 2 bed/1 bath condo in the heart of South Loop, featuring a large private 25x14 terrace - perfect for outdoor entertaining or relaxing. Soaring 10 ft ceilings and floor-to-ceiling windows flood the space with natural light, complementing the open layout with a breakfast bar and beautiful hardwood floors throughout the main living area. The split-bedroom floorplan ensures privacy, while the bathroom offers both a walk-in shower and a separate soaking tub. A generous walk-in closet and built-in storage add to the home's functionality. The kitchen features granite countertops, ample cabinet space, and stainless steel appliances, including a new microwave (2024). Additional upgrades include a new washer/dryer (2022), and an HVAC system (2020). Located close to the lakefront trails, Soldier Field, Wintrust Arena, museums, and parks. Easily accessible to shopping, public transportation, I-55/90/94/290 expressways, best of Chinatown, and Ping Tom Park. This exceptional condo offers both style and convenience in one of Chicago's most sought-after neighborhoods!
Airbnb Avg Daily | See Full Details |
Occupancy Rate | See Full Details |
Monthly HOA | $506 |
Rental Policy | daily |
Yearly Taxes | $5715 |
Bedrooms | 2 |
Bathrooms | 1 |
SQFT | 1,013 |
Furnished | N/A |
Year built | 2007 |
Listing Status | Off Market |
MLS | 12314156 |
