Active
615 E 42nd Street
Chicago IL, 60653
$599,000
Active
4 Beds
3 Baths
Multi-family
Built in 1873
Courtesy of Blue Door Dave Inc
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...
12152504
MLSⓇ ID
September 1, 2024
Listed
September 17, 2024
Updated
Map
615 E 42nd Street
Chicago IL, 60653
Interior Features
Bedrooms
4
Total Bathrooms
3
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Natural Gas, Electric, Forced Air, Baseboard, Sep Heating Systems - 2, Indv Controls, Zoned
Exterior/Building Features
Exterior Features
Deck
Lot Features
Sidewalks
Architectual Style
Brownstone, Row House
Roof
Rubber, Flat
School Information
School District
299
High School
Phillips Academy High School
Elementary School
Fuller Elementary School
Other Property Details
Area Name
CHI - Grand Boulevard
Taxes
$3,387
Tax Frequency
Annually
Days on Market
6
Garage
No
Parking
Off Alley, Driveway, Alley Access, Rear/Side Entry
Parking Total
3
View
No
County
Cook
Municipality
Hyde Park
Water Source
Lake Michigan, Public
Pool
No
Zoning
SINGL
Courtesy of Blue Door Dave Inc, David Thomas,
Listing Contact: 773-301-7966
The data relating to real estate for sale on this website comes in part from the Broker ReciprocitySM Program of Midwest Real Estate Data. Real estate listings held by brokerage firms other than Vergis H. Eiland III are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.
Based on information submitted to the MLS GRID for MRED 9/17/2024. All data is obtained from various sources and has not been, and will not be, verified by broker, MRED or MLS GRID. MLS Grid and MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.
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Data last updated 6:25 AM UTC, 9/17/2024