Description
Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $446 per day and long-term for an average of $6,461 per month, based on similar listings in the area. Estimated short-term cap rate of 1.8%. Estimated long-term cap rate of -2.4%. Elegance, luxury and location at the Fordham. This beautiful northeast-facing unit is naturally lit with open and airy living room accentuating unobstructed city views. Fireplace, hardwood floors, large picture windows throughout. Recently renovated white kitchen with designer backsplash, under cabinet lighting, stainless steel appliances and abundant storage. East-facing, covered balcony adjacent to kitchen and living area. Generous primary bedroom with walk-in closet and bath with double vanity, separate shower, soaking tub. Floor-to-ceiling storage space and parking spot included. Parking spot has EV charger. Fordham boasts new exercise room, indoor pool, sun deck, 24 hr door staff, on-site mgmt, dog run, cleaners, movie theater and spa service room. Walk to Michigan Ave, train, lake and everything Streeterville & Gold Coast!
Property Information
Airbnb Avg Daily | See Full Details |
Occupancy Rate | See Full Details |
Monthly HOA | $1523 |
Rental Policy | daily |
Yearly Taxes | $15506 |
Bedrooms | 3 |
Bathrooms | 3 |
SQFT | 1,927 |
Furnished | N/A |
Year built | 2003 |
Listing Status | Off Market |
MLS | 12318077 |
