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.

©2024 Listings Courtesy of MRED as distributed by MLS GRID. All rights reserved.

Data last updated 6:25 AM UTC, 9/17/2024

 

 

Powered byLuxury Presence