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Active

615 E 42nd ST Chicago, IL 60653

4 Beds

UPDATED:

09/07/2024 05:06 AM

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

Listed by David Thomas • Blue Door Dave Inc

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