6301 N Sheridan Rd, Chicago, IL 60660

Unit - #4D

$150,000

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Image of property at 6301 N Sheridan Rd, Chicago, IL 60660

Description

Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $120 per day and long-term for an average of $1,644 per month, based on similar listings in the area. Estimated short-term cap rate of 4.2%. Estimated long-term cap rate of -0.7%. Welcome to this extremely well priced, beautifully updated 4th-floor unit in Edgewater, views of the lake from your living room at eye level. The updated kitchen has granite countertops, electric cooktop, updated cabinetry along with essential dishwasher and refrigerator for any kitchen. The bathroom is completely covered with showered tiles and adorned with designer tile and high end shower head. Unit and building provide for onsite garage parking for added convenience. Building has top-tier amenities, including rooftop sun deck, a fitness center, hospitality room, laundry facilities, friendly 24-hour door staff. Steps away from the Lakeshore front, Beach, lots of shopping, restaurants and dining.

Property Information

Airbnb Avg Daily	See Full Details
Occupancy Rate	See Full Details
Monthly HOA	$753
Rental Policy	daily
Yearly Taxes	$2110
Bedrooms	1
Bathrooms	1
SQFT	850
Furnished	N/A
Year built	1962
Listing Status	Off Market
MLS	12332715