615 E 42nd ST Active Save Request In-Person Tour Request Virtual Tour
Chicago,IL 60653
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12152504
Style Brownstone,Row House
Bedrooms 4
Year Built 1873
Annual Tax Amount $3,386
Tax Year 2023
Lot Dimensions 17X100
Property Description
Don't miss this incredible investment opportunity in the vibrant Bronzeville area! This fully renovated Rowhouse is a proven gem in the short-term rental market, bringing in an impressive average of $5,000+ or more per month from Airbnb, VRBO, and Booking. The stylish furnishings are available for purchase with full asking price (excluding the large colorful pictures), allowing you to hit the ground running and start generating income immediately. (Bookings currently exist thru Novemeber 2024) Featuring three large bedrooms, two modern bathrooms, and an expansive open floor plan as a duplex up this property is designed for comfort and appeal. The lower level includes a separate, fully furnished one-bedroom, one-bathroom unit with its own entrance and Ring camera for added security. Currently rented out for long-term stays of 32+ days, it's consistently bringing in over $2,000 per month. (Bookings currently exist thru Novemeber 2024) Together, these two floors are now generating on average $7k+ per month!!! With keyless entry and Ring cameras ensuring security and convenience, this home is perfectly set up for seamless short-term rentals. Whether you're a seasoned investor or new to the rental market, this property offers a fantastic opportunity to expand your portfolio with minimal additional effort. We're eager to discuss how this lucrative investment can work for you. Contact us today to learn more and make this standout property a part of your investment strategy! THIS HOME IS CURRENTLY ZONED AS A SINGLE FAMILY HOME...
Location
State IL
County Cook
Area Chi - Grand Boulevard
Zoning SINGL
Rooms
Basement Full
Interior
Heating Natural Gas,Electric,Forced Air,Baseboard,Sep Heating Systems - 2+,Indv Controls,Zoned
Fireplace N
Exterior
Exterior Feature Deck
Community Features Park,Curbs,Sidewalks,Street Lights,Street Paved
Waterfront false
Roof Type Rubber,Flat
Parking Type Off Alley,Driveway,Alley Access,Rear/Side Entry
Building
Lot Description Sidewalks
Dwelling Type Two to Four Units
Water Lake Michigan,Public
New Construction false
Schools
Elementary Schools Fuller Elementary School
High Schools Phillips Academy High School
School District 299 ,299, 299
Others
Ownership Fee Simple
Special Listing Condition None