Off-Market Condo at 4250 N Marine Dr, Chicago, IL 60613

4250 N Marine Dr, Chicago, IL 60613

Unit - #1106

$195,000

Description

Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $148 per day and long-term for an average of $1,634 per month, based on similar listings in the area. Estimated short-term cap rate of 3.4%. Estimated long-term cap rate of -2.4%. WOW / What an Opportunity to own a tier 06 with Great South Views of City and Park Views and West City Views, Overlooking Landmark Street Hutchinson, Dark Wood Kitchen with Granite Counter Tops and Black Appliances, Breakfast Bar, Track Lighting, Hardwood Floors and Carpeted Bedroom, Granite Window Sills, Storage Locker, Full Amenity Building, Gym, Pool, Gardens, Amazon Hub, Receiving Room, Cable/WiFi, Cleaners, Go Grocers, Party Room, Sunflower Cafe, Pet Friendly, Walking Distance to Lake, Parks, Restaurants and More. Pet Friendly, Special Assessment Paid by Owner. Property ASIS

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$763
Rental Policy
daily
Yearly Taxes
$2686
Bedrooms
1
Bathrooms
1
SQFT
900
Furnished
N/A
Year built
1962
Listing Status
Off Market
MLS
12319946

Short-term Rental Potential
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$30,936

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$216

Price/SQFT

Long-term Rental Potential
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$19,608

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$1,634/mo

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