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159 Properties Within 0.5 miles of: 1556 N Lasalle, Chicago
  • 1455 N Sandburg Unit 2601B, Chicago, IL 60610
    Chicago

    1455 N Sandburg
    Unit 2601B

    $409,995
    2 bed | 1 bath
    4 more available units at this address
    $439,900 Unit 2902B 2 bd / 1 ba
    $414,900 Unit 209B 2 bd / 1 ba
    $389,900 Unit 2604 2 bd / 1 ba
    $385,000 Unit 2606 2 bd / 1 ba
  • 1455 N Sandburg Unit 209B, Chicago, IL 60610
    Chicago

    1455 N Sandburg
    Unit 209B

    $414,900
    2 bed | 1 bath
    4 more available units at this address
    $439,900 Unit 2902B 2 bd / 1 ba
    $409,995 Unit 2601B 2 bd / 1 ba
    $389,900 Unit 2604 2 bd / 1 ba
    $385,000 Unit 2606 2 bd / 1 ba
  • 1455 N Sandburg Unit 2902B, Chicago, IL 60610
    Chicago

    1455 N Sandburg
    Unit 2902B

    $439,900
    2 bed | 1 bath
    4 more available units at this address
    $414,900 Unit 209B 2 bd / 1 ba
    $409,995 Unit 2601B 2 bd / 1 ba
    $389,900 Unit 2604 2 bd / 1 ba
    $385,000 Unit 2606 2 bd / 1 ba
  • 1520 N Dearborn, Chicago, IL 60610
    Chicago

    1520 N Dearborn

    $3,850,000
    5 bed | 4½ bath
  • 1546 N North Park, Chicago, IL 60642
    Chicago

    1546 N North Park

    $2,250,000
  • 229 W Eugenie, Chicago, IL 60614
    Chicago

    229 W Eugenie

    $5,494,000
    4 bed | 3½ bath
  • 1555 N Dearborn Unit 20D, Chicago, IL 60610
    Chicago

    1555 N Dearborn
    Unit 20D

    $140,000
    0 bed | 1 bath
    3 more available units at this address
    $849,000 Unit 25AB 2 bd / 3 ba
    $275,000 Unit 4A 1 bd / 1 ba
    $185,000 Unit 20E 1 bd / 1 ba
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More Listings Nearby

1556 N Lasalle
Chicago, IL 60610

  • 5 Beds
  • Built In 1906
1556 N Lasalle, Chicago, IL 60610
Price

$2,649,999

Est Payment
$16,778 / month (details)  
Taxes
$32,766  
Beds
5  
Rooms
17  
Type
Two to Four Units  
Sq. Ft.
n/a  
Lot Size
2500  
Built
1906  
Neighborhood
Old Town  
MLS
#11727949
Status
Expired
  • New
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Property Description

CASH COW!!! THERE IS A $6,200 / PER MONTH SIGN ADVERTISEMENT ON THE SIDE OF THE BUILDING THAT HAS A LONG TERM LEASE!!!!! 1 Billboard, 1 Commercial unit, 3 Residential units that were gut rehabbed in 2023! Furthermore, the Penthouse unit has the City approved short-term rental license. You can legally rent out the Penthouse as an Airbnb! This property is a cash cow and can generate approximately $300,000 in annual revenue. Building comes fully furnished/turn key for furnished short-term rentals. GREAT INVESTMENT! 19%+ cash on cash return, 10% = cap rate. The subject property is comprised of a +/- 2,500 SF land site improved with a +/- 6,300 SF 2.5-story, brick, mixed-use (commercial and residential) building in the Old Town neighborhood of Chicago. The ground/garden level of the subject is comprised of a rented commercial storefront unit totaling approximately 2,000 SF. The 2nd floor is comprised of 2 MTM furnished rentals. Each unit is a 2 bed unit. The top floor consists of a single, large residential apartment unit that spans the entire floor and measures approximately 2,000 SF. This unit is legally licensed as an Airbnb. The site is zoned B3-5, Community Shopping District.

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Property Details

Utilities

  • Heating Forced Air
  • Cooling
  • Water Public
  • Sewer Public Sewer

Additional Information

Schools
District 299

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Principal & Interest
$0
Property Tax
$0
Assessments
$0
Home Insurance
$0
Mortgage Insurance
$0

Listing History

03-01-2023 Listed at $2,649,999
02-29-2024 Status changed to Expired
Last Modified 2/29/24 12:05 AM
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Nearby Transportation

  • Bus 156 < 0.1 mi
  • Bus 9 < 0.1 mi
  • Bus 73 < 0.1 mi
  • Bus 72 < 0.1 mi
  • Bus 36 0.1 mi
  • Bus 22 0.1 mi
  • Bus 151 0.2 mi
  • Bus 37 0.3 mi
  • Bus 0.3 mi
  • Bus 70 0.5 mi
  • Bus 8 0.8 mi
  • Bus 143 0.9 mi
  • Bus 146 0.9 mi
  • Bus 147 0.9 mi
  • Bus 148 0.9 mi
  • Brown Line 0.3 mi
  • Purple Line 0.3 mi
  • Red Line 0.5 mi
  • ZipCar 0.1 mi
  • Maven 0.1 mi
  • I 90 East 1.2 mi
  • I 94 East 1.2 mi
  • I 90 West 1.2 mi
  • I 94 West 1.2 mi
  • I 290 East 2.4 mi
  • I 290 West 2.7 mi
  • I 55 South 3.9 mi
  • I 55 North 3.9 mi
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