Off-Market Condo at 1910 S Indiana Ave, Chicago, IL 60616

1910 S Indiana Ave, Chicago, IL 60616

Unit - #422

$585,000

Description

Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $284 per day and long-term for an average of $3,042 per month, based on similar listings in the area. Estimated short-term cap rate of 1.1%. Estimated long-term cap rate of -3.2%. This exceptional northeast corner condominium is a luminous sanctuary, enveloped in natural light from 12 expansive windows that frame sweeping tree lined views of historic Indiana Avenue and the iconic city skyline. Featuring 10-foot terracotta ceilings, a double-sided fireplace, and a striking fusion of exposed brick and industrial ductwork, the space exudes both timeless elegance and urban sophistication. Two generously proportioned master suites offer serene retreats, each complemented by stone-appointed baths. The chef's kitchen, designed for both style and functionality, showcases 42-inch painted cherry wood cabinetry, granite countertops, stainless steel appliances, & a commanding 10-foot island. A private balcony to enhance the living experience, while indoor parking ensures convenience. A truly remarkable residence that defines urban sophistication. Parking included in price.

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$745
Rental Policy
daily
Yearly Taxes
$9169
Bedrooms
2
Bathrooms
2
SQFT
1,659
Furnished
N/A
Year built
1902
Listing Status
Off Market
MLS
12327141

Short-term Rental Potential
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$61,980

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$352

Price/SQFT

Long-term Rental Potential
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$36,504

Revenue
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Profit
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Cap rate
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Cash on Cash
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$3,042/mo

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