$2,700,000


5 Bed, 0 Bath, Approx - Sq Ft


Please Register to see Address and all Pictures


CASH COW!!! THERE IS A $6,000 / PER MONTH SIGN ADVERTISEMENT ON THE SIDE OF THE BUILDING THAT HAS A NEW LONG TERM LEASE!!!!! This property is a cash cow and can generate approximately $382,000 in annual revenue if the residential units are converted to Airbnb or short-term rentals. Please ask listing agent for the forecasted financial statements. GREAT INVESTMENT! 15% cash on cash return, 10%+ = cap rate. Listing Agent specializes in Airbnb / short-term rentals in the City of Chicago. Just ask for more information. The subject property is comprised of a +/- 2,500 SF land site improved with a +/- 6,300 SF 2.5-story, brick, mixed-use (commercial and residential) building in the Old Town neighborhood of Chicago. The ground/garden level of the subject is comprised of a rented commercial storefront unit totaling approximately 2,000 SF. The first floor is built out for an office unit in the front and residential apartment unit in the rear, with each unit averaging approximately 1,000 SF. The top floor consists of a single, large residential apartment unit that spans the entire floor and measures approximately 2,000 SF. The site is zoned B3-5, Community Shopping District.

Status: ACTV


Partner Agent

Tom Brown

Phone: 312-502-8213

Email: tb@sparrowrealty.us




Assigned Schools:
School Low Grade High Grade SchoolSparrow Score
Manierre Elem School PK 8 4
Lincoln Park High School 9 12 9

© 2018 Midwest Real Estate Data, LLC. All Rights Reserved. The accuracy of all information regardless of source including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The use of search facilities of data on this site other than by a consumer looking to purchase real estate is prohibited. Listing # 10624312 brought to you courtesy of Worth Clark Realty.