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215 Properties Within 0.5 miles of: 870 N Orleans, Chicago
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  • 849 N Franklin Unit 809, Chicago, IL 60610
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  • 849 N Franklin Unit 704, Chicago, IL 60610
    $525,000
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    $949,000 Unit 1505 3 bd / 3 ba
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  • 849 N Franklin Unit 1218, Chicago, IL 60610
    $824,000
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  • 849 N Franklin Unit 1214, Chicago, IL 60610
    $899,900
    3 bed | 2½ bath
    4 more available units at this address
    $949,000 Unit 1505 3 bd / 3 ba
    $824,000 Unit 1218 3 bd / 2 ba
    $525,000 Unit 704 2 bd / 2 ba
    $425,000 Unit 809 2 bd / 2 ba
  • 849 N Franklin Unit 1505, Chicago, IL 60610
    $949,000
    3 bed | 3 bath
    4 more available units at this address
    $899,900 Unit 1214 3 bd / 2 ½ ba
    $824,000 Unit 1218 3 bd / 2 ba
    $525,000 Unit 704 2 bd / 2 ba
    $425,000 Unit 809 2 bd / 2 ba

870 N Orleans
Chicago, IL 60610

  • 7 Beds
  • Built In 1893
Price

$2,999,999

Est Payment
$18,996 / month (details)  
Taxes
$34,404  
Beds
7  
Rooms
7  
Type
Two to Four Units  
Sq. Ft.
n/a  
Lot Size
25 X 100 FT  
Built
1893  
Neighborhood
Near North  
MLS
#11479924
Status
Expired

Property Description

Come see this 4 unit CASH COW building that consists of one commercial unit on the 1st floor and 3 legal airbnb rentals on floor 2-5. Building has billboard income as well. If you are looking for a seasoned / legal airbnb investments, this is your perfect investment. The building has been a legal airbnb since 2017 and has annual revenue of approx. $333,600. Total monthly revenue is $27,800 ($4K = commercial unit, $6K = airbnb unit 1, $6K = airbnb unit 2, $11,500 = penthouse airbnb unit, $300 = billboard). Residential units have City of Chicago approved Vacation Rental Licenses and can transfer to the new owner. Current owner also owns a short term rental property management company and can be retained to manage the property for the new owner.

Property Map

Property Details

Utilities

  • Heating Natural Gas
  • Cooling
  • Water Public
  • Sewer Public Sewer

Additional Information

Parking
4 Parking Spaces, Owned
Schools
District 299

Payment Calculator

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

Listing History

08-01-2022 Listed at $2,999,999
08-07-2022 Price decreased by $2,999,999 to $0
08-07-2022 Status changed to Unset
08-07-2022 Price increased by $2,999,999 to $2,999,999
08-07-2022 Status changed to Active
08-01-2023 Status changed to Expired
Last Modified 8/1/23 12:05 AM

Nearby Transportation

  • Bus 37 < 0.1 mi
  • Bus 66 0.2 mi
  • Bus 0.2 mi
  • Bus 156 0.2 mi
  • Bus 22 0.3 mi
  • Bus 70 0.3 mi
  • Bus 36 0.4 mi
  • Bus 125 0.5 mi
  • Bus 65 0.5 mi
  • Bus 8 0.5 mi
  • Bus 143 0.7 mi
  • Bus 151 0.7 mi
  • Bus 146 0.7 mi
  • Bus 147 0.7 mi
  • Bus 148 0.7 mi
  • Union Pacific North 1.1 mi
  • Union Pacific Northwest 1.1 mi
  • Union Pacific West 1.1 mi
  • Metra Electric 1.2 mi
  • Brown Line 0.1 mi
  • Purple Line 0.1 mi
  • Red Line 0.5 mi
  • Blue Line 0.7 mi
  • Green Line 0.9 mi
  • Pink Line 0.9 mi
  • Orange Line 0.9 mi
  • ZipCar 0.3 mi
  • I 90 East 0.4 mi
  • I 94 East 0.4 mi
  • I 90 West 0.4 mi
  • I 94 West 0.4 mi
  • I 290 East 1.6 mi
  • I 290 West 1.8 mi
  • I 55 South 3.0 mi
  • I 55 North 3.0 mi
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