Keller Williams ONEChicago - DeJohn Allen
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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
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$1,216,000
1147 W Diversey Parkway, Chicago, IL 60614
5 Beds
5 Baths
$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.

Property Details

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Overview
Property Type
Residential Income
Year Built
1915
Days on Site
1,101 Days
HVAC
Natural Gas, Forced Air
Parking
No
DeJohn Allen at Keller Williams ONEChicago
Keller Williams ONEChicago

Activity History

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Data provided by Keller Williams Realty, Inc.
Upcoming Open Houses
No open houses are currently scheduled for this property. Don't worry - you can always schedule a tour, or get additional help from your agent.

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Purchase Price: $1,216,000
Principal + Interest
$0 (0%)
Property Tax
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Home Insurance
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HOA/Condo Fee
$0 (0%)
Mortgage Insurance
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This calculator is just an estimate. Contact Keller Williams for full and accurate assessment.

Price & Tax History

Date
Event
Price
07/29/2022
Sold
$1,216,000
(-2.72%)
03/22/2022
Listed
$1,249,999
(+52.44%)
09/29/2015
Sold
$820,000
(+46.43%)
04/11/2007
Sold
$560,000
Year
Property Tax
Assessed Value
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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Car-Dependent Walkable Very Walkable
DeJohn Allen at Keller Williams ONEChicago
Keller Williams ONEChicago

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