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Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $352 per day and long-term for an average of $4,000 per month, based on similar listings in the area. Estimated short-term cap rate of 8.1%. Estimated long-term cap rate of 0.3%. We are proud to present this absolutely beautiful renovation at The Parc Chestnut, perfectly located where River North meets Old Town and The Gold Coast. Every inch of this 2 bedroom 2 bath home has been meticulously redesigned and reconfigured, including its livable floorplan. White oak floors and painted white concrete ceilings throughout provide the perfect canvas for the carefully curated details. Expanded kitchen features a combination of pristine white and walnut cabinetry, a large quartzite island, high end kitchen aid stainless appliances, backlit exposed walnut shelving ++. Nice sized living room is centered around its fireplace with painted brick surround and built in hardwood bookshelves. Two generous bedroom suites, each with its own gorgeous bath featuring wall to wall and floor to ceiling tile, frameless shower doors, stylish and high end plumbing fixtures and a deep soaking tub. Backlit vanity cabinets are a dream! A place for everything with fantastic built in and customized closet systems in both suites. Brilliant lighting solutions in each room including recessed lighting throughout, globe lighting in the kitchen and wall sconces in each bedroom to curl up with your favorite book. Deep windowsills provide extra seating and a place to dream. West (and South) facing balcony and views. Extremely well run building has just created two sprawling and beautiful outdoor areas and renovated all hallways. Full amenity building with high reserves features 24 hour doorman, onsite manager, business center and fitness room. Enjoy a semi private dog friendly park right outside your front door! Storage is included, one garage parking space at an additional cost. We look forward to your visit!
Airbnb Avg Daily | See Full Details |
Occupancy Rate | See Full Details |
Monthly HOA | $725 |
Rental Policy | daily |
Yearly Taxes | $7780 |
Bedrooms | 2 |
Bathrooms | 2 |
SQFT | 1,160 |
Furnished | N/A |
Year built | 2006 |
Listing Status | Off Market |
MLS | 12332243 |
