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1147 W Diversey Pkwy
Chicago, IL 60614
Multifamily Property For Sale
·
3 Units
PROPERTY FACTS
| No. Units | 3 | Average Occupancy | 85% |
| Property Type | Multifamily | No. Stories | 3 |
| Lot Size | 0.05 AC | Year Built/Renovated | 1975/2016 |
| Building Size | 3,500 SF | ||
| Zoning | B3-2 | ||
| No. Units | 3 |
| Property Type | Multifamily |
| Lot Size | 0.05 AC |
| Building Size | 3,500 SF |
| Average Occupancy | 85% |
| No. Stories | 3 |
| Year Built/Renovated | 1975/2016 |
| Zoning | B3-2 |
ABOUT 1147 W DIVERSEY PKWY , CHICAGO, IL 60614
CASH COW!!! 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 4 years. GREAT INVESTMENT! approx 12.5+% cash on cash return. Listing Agent specializes in Airbnb / short-term rentals in the City of Chicago. Just ask for more information. 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.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+2 | 2 | - | 1,200 |
| 1+1 | 1 | - | 1,000 |
PROPERTY TAXES
| Parcel Number | 14-29-400-071-0000 | Improvements Assessment | $55,684 |
| Land Assessment | $37,981 | Total Assessment | $93,665 |
PROPERTY TAXES
