1717 S Prairie Ave, Chicago, IL 60616

Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $323 per day and long-term for an average of $3,975 per month, based on similar listings in the area. Estimated short-term cap rate of 0.9%. Estimated long-term cap rate of -1.9%. Stunning views in every room of this three bedroom, two bathroom corner unit condo in desirable Prairie District full amenity building. The open concept layout is flooded with natural light from large windows with picturesque views of Lake Michigan, Museum Campus and skyline. Spacious living and dining area with hardwood floors throughout and private balcony. The updated kitchen offers plenty of cabinet storage, eat-in island with granite countertops, all stainless steel appliances, and coffee bar with beverage fridge. The primary suite offers more beautiful north facing views, a private balcony, walk-in-closet, and ensuite primary bathroom with dual sink vanity, soaking tub and separate shower. Two more spacious bedrooms with ample closet space, and the third bedroom currently being utilized as an office space with built-in desk space. In-unit laundry closet with stacking washer and dryer and additional storage space included. Two attached garage parking spaces available for 25K each. Building amenities include 24-hour door staff, package receiving, fitness center, recreation room, dog run and more. Prime South Loop location nestled between multiple neighborhood parks, Grant Park, just step from the Lakefront Trail, Museum Campus, many shops restaurants, and entertainment with convenient access to Michigan Avenue, the Loop, public transit and expressways.