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57 E Cedar Street , Chicago, IL 60611

$1,699,990
  • 57 E Cedar Street , Chicago, IL 60611 Main Photo

47 Photos

New to the Market New
BEDS4 BATHS4 full MLS#12735025
STATUSNew PROPERTY TYPEMulti Unit - Multiple SCHOOLDistrict 299

Property Description

Rare Airbnb opportunity in Chicago's Historic Gold Coast! This exceptional brownstone offers a unique investment opportunity in one of Chicago's most sought-after neighborhoods. Located within the vibrant Gold Coast Historic District, the property features three well-appointed residential units: one spacious 2-bedroom, 2-bath residence and two 1-bedroom, 1-bath units. Even more valuable, the Airbnb license transfers to the new owner, providing an outstanding opportunity for short-term rental income. A rare combination of income producing property, historic charm and prime location! Close proximity to an abundance of restaurants & shopping, Magnificent Mile, Lake Michigan, Oak Street Beach, North Ave Beach, public transportation including bus routes and the EL. One small on site parking spot included. Option for new owner to apply for federal and state tax incentives through historic tax credit programs. This property is occupied throughout most of the year and monthly income varies depending on the time of year.

57 E Cedar Street | MLS# 12735025

This multi-family property located at 57 E Cedar Street , Chicago, IL 60611 is currently listed for sale with an asking price of $1,699,990. E Cedar Street is located within the District 299 school district. Search Chicago real estate on www.mycrr.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Finished, Full
Heating: Natural Gas
Home Style: Brownstone
Lot Size: 0.03 Acres
Taxes: $32,601
Year Built: 1891

Feature Descriptions

Additional rooms: Den
Exterior: Brick, Stone, Clad Trim
Lot Dimensions: 18X73
Parcel#: 17032020661004
Parking: Off Alley, Alley Access, Yes, Owned
Sewer: Public Sewer, Storm Sewer
Total Rooms: 14
Township: Jefferson
Water: Lake Michigan

Local Schools

Middle School: Ogden International
Elementary School: Ogden International
School District: District 299

Listed By / Shown By

Listed By

Agency Name: @properties Christie's International Real Estate
Agency Phone: 312-682-8500

Shown By

Agency Title: Charles Rutenberg Realty
Agency Phone: 630-929-1100

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Estimate Your Payment

Estimated Payment

$ 11,808.65 per month $8,596.07 Principal & Interest $2,716.75 Property Tax $495.83 Homeowner's Insurance

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