Courtesy of TBFS Investments LLC-Realty

870 N Orleans Street

Chicago, IL, 60610

$2,999,999

$2,999,999
Active
Active
 - For Sale
property_type
Commercial
calendar
Built 2006
Come see this 4 unit CASH COW building that consists of one commercial unit on the 1st floor and 3 legal airbnb rentals on floors 2-5. Building also has billboard income. If you are looking for a seasoned/legal airbbnb investment, this is your perfect investment. The building has been a legal airbnb since 2017 and has annual revenue of approx. $333,600. Total monthly revenue is $27,800 ($4K = commercial unit, $6K = airbnb unit 1, $6K = airbnb unit 2, $11,500 = penthouse airbnb unit, $300 = billboard). Residential units have City of Chicago approved Vacation Rental Licenses and can transfer to the new owner. Current owner also owns a short term rental property management company and can be retained to manage the property for the new owner.
MLS® ID:
11479796
Listed:
7/31/22
Updated:
10/4/22

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Cooling
Central Air

Exterior/Building Features

Lot Size
3,125 ft² lot

Other Property Details

Area Name
CHI - Near North Side
Taxes
$15442
Tax Frequency
per YEAR
Garage
No
Parking
N
Parking Total
4.0
View
N
County
Cook
Pool
No
Total Stories
5
Zoning
COMMR

 

Courtesy of TBFS Investments LLC-Realty

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Data last updated 2:31 PM UTC, 10/4/22

 

 

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