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Main » Chicago Search » Near North Side Neighborhood » MLS11479924

870 N Orleans Street, Chicago, Illinois 60610

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Listing Status: Active
Neighborhood: Near North Side
City: Chicago

MLS ID: #11479924
List price: $2,999,999
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Agent Description:

Come see this 4 unit CASH COW building that consists of one commercial unit on the 1st floor and 3 legal airbnb rentals on floor 2-5. Building has billboard income as well. If you are looking for a seasoned / legal airbnb investments, 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.

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Mino Scivittaro

Neighborhood Loans

Mortgage Banker

m: 630-534-9382

GET FREE LOAN APPROVAL

Mino Scivittaro NMLS# 227820, License 227820 agent of Neighborhood Loans located at 1333 Butterfield Rd Suite 600, Downers Grove, IL 60515. Phone +1 (630) 546-9386 Company License 1657322 NMLS# 222982. Equal housing opportunity.

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Property Details

Listing courtesy of Daniel Daniel, Tbfs Investments Llc-realty

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