3 Bed/2 Bath Chicago Brownstone First Floor Walkup 10 minutes to Wrigley Field

$350,000
3
2
1,700
sq. ft.
$206
per sq ft
Heated sq ft: 1,600 sq ft
Avg Nightly Rate:
Home Legally Sleeps: 0
Occupancy Rate: 0 weeks
Annual Gross Income : Inquire
Annual Net Operating Income : Inquire
Property Type: Condo (high rise or low rise)
Ownership Type: Full (100%)
Seasoned Short Term Rental: No
Furnishings Included: No
For Sale By: Owner
Seller Financing: No
Niche: City Life
New Construction: Inquire
Days on Vrolio: 164

Property Description

10 min walk to Wrigley Field, 3-5 Min walk to Red Line which takes you into city center within 10-15 minutes, CLOSE to bars, restaurants, shops, grocery stores and the beautiful Chicago lake front. High ceilings, bay windows and the way the light filters in and reflects on the vintage hardwood floors makes this a truely Chicago flat! KITCHEN has granite counters with tiled backsplash, ample storage, nice appliances and breakfast bar with wine rack. MASTER BED has exposed ceiling beams, his and hers closets, ensuite bathroom and can fit a king bed and bedroom suite. 2ND BED can be used as an office, it has beautiful French doors and can fit a full bed with nightstands. 3RD BED can fit a queen bed and more. It has a nook for office space, it feels like its own unit with a separate back entrance.Parking and storage included in price. Numbers look fantastic as there are only few buildings that allow STR and area is not saturated. Ready for possession and I can help set up remote hosting if needed. Peak Season is: May-Oct, Mid Season: Mar-Apr and Nov-Dec, Slow Season is: Jan-Feb Conservative Proforma Sep 2019- Sep 2020 income is: $29,668 for weekends and $31,951 for weekdays during high and mid season. Numbers based on beyondpricing.com with a base price of $250 and minimum of $125.

Presented by:
Owner:
carmel fithian
Seller Financing
No
Distress Sale
None
Seller Financing Terms
Seasonal Nightly Rates
High: 0
Low: 0
Peak: 0
Special Event: 0
Avarage: 0.00
Furniture Age
Inquire
Est Value of Furnishings
Inquire
Peak & High Seasons
Ownership Percentage
Full (100%)
Qualifies for foreign national visa
Not sure
Reason for Selling
We have to use the cash elsewhere due to children's education.
Foreign national buyer restrictions from government?
No
Gross Annual Income
Inquire
Net Operating Income
Inquire
Stories
1
Additional Indoor Rooms
Family Room, Formal Dining Room, Home Office/Den, Living Room
Appliances
Dishwasher, Dryer, Electric appliances, Full stove, Garbage Disposal, Gas appliances, Microwave, Oven, Refrigerator, Washer
Heating/Cooling
Central A/C (gas or electric), Central Heat (gas or electric)
Floor Coverings
Laminate Wood, Real Hardwood, Tile, Other
Security
Yes
Security Description
Electronic lock has forced entry alarm.
Half Baths
Inquire
Master Suite(s)
Inquire
Energy Efficiency
Energy Efficient Insulation, Energy Star appliances, Programmable thermostat
Year built
1906
Outdoor Features
Fenced/Gated Yard, Other
View
Other
Backyard Exposure
East
Lot Size
Typical Chicago lot size
Community Features
Not Located Inside Community
Tax Amount/Year
$5,500
CDD Amount
Inquire
Neighborhood
Inquire
Deed Restricted Community
Yes
Interview Required
No
Neighborhood Amenities
Not Located Inside Community
Mandatory HOA
Inquire
Home Legally Sleeps:
0
Onsite Parking
Assigned parking spot (outdoor)
Neighborhood Association STR Rules
HOA allows STR
Municipality STR Rules
Yes, License or permit needed unless posted on Airbnb or Homeaway (Vrbo). Another loophole is through property management company.
Transferrable Permit or License
Yes, Transfers to new owner
Rental Tax Info
$4.50
Minimum Nightly Rental
No Minimum
Rental Length Requirement
No Restriction
Has Rental History
No
Established Rental History
Inquire
Occupancy Rate
0
Being Sold with Bookings
Inquire
Caretaker Info
InquireCaretaker cannot stay and oversee the property
Bookings Placed By
Inquire
Managed By
Inquire
Management Bookings Percentage
Inquire
Caretaker Bookings Percentage
Inquire
Paid Booking History
Property has never had any paid bookings on the home becase The home has been used as a long-term rental
Future Booking Calendar
Management Fees
Inquire
Caretaker Fees
Inquire
Sold with Marketing Collateral
Inquire
Manager Cancellation Policy
 
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Credit Card Fee
Inquire
Cleaning Fee
Inquire
Licesnes & Permits (Annual)
Inquire
Advertising & Tech Costs (Annual)
Inquire
Yard & Pest Control (Annual)
Inquire
Pool & Spa Maintinence (Annual)
Inquire
Electricity (Annual)
$900.00
Water/Sewer (Annual)
Inquire
Cable/Interbet (Annual)
$720.00
Accounting Fee (Annual)
Inquire
Property Taxes (Annual)
$5,500.00
Homeowner's Insurance (Annual)
$400.00
Short Term Rental Insurance Rider (Annual)
Inquire
CDD Fee (Annual)
Inquire
Annual Homeowner's Association Dues
$4,200.00
Additional Membership Fees (Annual)
Inquire
Acquisition
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User understands this calculator is deemed reliable but not guaranteed. Vrolio makes absolutely no guarantees on returns or income. User should do their own due diligence and verify all data before making a purchasing decision. User understands that this is an educational tool only. We therefore accept no liability arising from any reliance made by any user or person to whom this information is made available to. Please use this tool at your own discretion and use caution always before buying any real estate investment.

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