Listing Courtesy Of:
TBFS Investments LLC-Realty, Daniel Moja
Listing Sold By:
Keller Williams Infinity
Local Realty Services Provided By:
KW ONEChicago
Overview
What It'll Cost
Neighborhood
Similar Homes
$1,216,000
1147 W Diversey Parkway, Chicago, IL 60614
5 Beds
5 Baths
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$1,216,000
1147 W Diversey Parkway, Chicago, IL 60614
Estimation provided by Keller Williams Realty Inc.
5 Beds
5 Baths
Closed
Sold
Property Description
Looking to jump into the Airbnb business? This is your perfect new turn key Airbnb investment. All 3 units are 100% legal with the City and you would be cash flowing the day you close! This property is a cash cow and has generated (on average) $170,000 in annual revenue ($14,165 a month) as a LEGAL Airbnb / short-term rentals in the last 6 years. GREAT INVESTMENT! approx 17% cash on cash return. The subject property is comprised of 3 unit building. The building was renovated in 2016 and comes fully furnished. As the building is operating as a legal airbnb / short-term rental, all future reservations can be passed along to the new buyer and the entire operation is 100% TURN KEY. You will generate short-term revenues the day you close on the property. The building is renting for $1,000 - $2,000 a night in 2022. Refer to the pictures for validation.
Assessed Value is a combination of the land and additions.
2022
$15,996
(+2.2%)
$75,000
Land 30,630 +
Additions 44,370
2021
$15,652
(+4.89%)
$75,000
Land 30,630 +
Additions 44,370
2020
$14,921
(-0.5%)
$64,535
Land 14,702 +
Additions 49,833
2019
$14,996
(+0.86%)
$71,706
Land 14,702 +
Additions 57,004
2018
$14,868
(+12.75%)
$71,706
Land 14,702 +
Additions 57,004
2017
$13,186
(+8.03%)
$58,478
Land 13,068 +
Additions 45,410
2016
$12,206
$58,478
Land 13,068 +
Additions 45,410
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.
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