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.
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
Estimated Payment
$ 11,808.65 per month $8,596.07 Principal & Interest $2,716.75 Property Tax $495.83 Homeowner's InsuranceIf the email address was found in our system, your password has been sent. Please check your inbox.
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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.