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.
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For more information about 1147 W Diversey, Chicago, IL 60614 contact Corcoran Urban Real Estate.
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Listing provided by Worth Clark Realty
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