Off-Market Condo at 1910 S State St, Chicago, IL 60616

1910 S State St, Chicago, IL 60616

Unit - #231

$250,000

Description

Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $231 per day and long-term for an average of $2,137 per month, based on similar listings in the area. Estimated short-term cap rate of 7.7%. Stunning, newly renovated condo in the heart of the South Loop featuring one bedroom and one bathroom. This open-concept space boasts beautiful hardwood floors, elegant wainscoting, a custom gas fireplace, and a private balcony, creating a perfect blend of style and comfort. The modern kitchen impresses with brand-new stainless steel appliances, granite countertops, and custom cabinetry. With its sophisticated finishes and abundant natural light, this condo truly stands out as a unique and inviting space. CLICK BELOW .FOR A VIRTUAL TOUR!

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$450
Rental Policy
daily
Yearly Taxes
$4269
Bedrooms
1
Bathrooms
1
SQFT
834
Furnished
N/A
Year built
2004
Listing Status
Off Market
MLS
12328440

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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$299

Price/SQFT

Long-term Rental Potential
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$25,644

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$2,137/mo

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