Residential Income for Sale: 615 E 42nd, Chicago, IL 60653

4 beds
$599,000
$599,000
615 E 42nd, Chicago, IL 60653
4 beds
$599,000
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Floor Plans
Price:
$599,000

Type Residential Income
Style Brownstone, Row House
Beds 4
Year Built 1873

City Chicago
County Cook
School District 299

MLS 12152504
Status Active
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...

Room Features

Basement Description Finished

Virtual Tours for 615 42nd Chicago, IL

Lot & Building Features

Architecture Brownstone, Row House
Heating Baseboard, Zoned, Sep Heating Systems - 2+, Natural Gas, Indv Controls, Forced Air, Electric
Parking Description Space/s
Tax Year 2023
Water Lake Michigan, Public
Lot Dimensions 17X100 ft

Community and Schools

Elementary School 299
Senior High School Phillips Academy High School

Price History of 615 42nd, Chicago, IL

Date Name Price Difference
12/31/1969 Listing Price $599,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Comparable Properties Sold Near By


Photo of Richard Schultz
Direct: 708-237-7779
Office
3580 W 95th Street
Evergreen Park, IL 60805
708-422-0011
Listed by Blue Door Dave Inc, David Thomas
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615 42nd (MLS #12152504) is a brownstone, row house residential income listing located in Chicago, IL. This property was listed on 09/01/2024 and has been priced for sale at $599,000.

Nearby zip codes are 60609, 60615, 60616, 60619 and 60637.

Midwest Real Estate Data

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Blue Door Dave Inc