Skip To Content

1625 N Dayton Street

Chicago, IL 60614
  • $835,000
  • STATUS: Active Under Contract
  • ON SITE: 178 Days
  • MLS #: 11164374
Under Contract
UPDATED: 42 min ago
$835,000
  • 7
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1886
County:

School Information

Elementary School:
School District:
299

Description

Amazing investment opportunity in Lincoln Park that is moments to Clybourne Corridor shopping district, Steppenwolf Theater, DePaul's nightlife, excellent restaurants and more. This 3 story, all brick 2 Flat, with extensive tuck pointing completed in July 2021, is being offered with a turnkey AirBnB business completely furnished with back to back bookings already in place grossing nearly 96,000 annually. Unit 1 is a long term rental and is currently vacant with market rent grossing ~ 23,000. Unit 1 offers 2.5 bedrooms, 1 full bathroom, hardwood floors, spacious living room, formal dining room and a kitchen with stainless steel appliances. Unit 2, with gorgeous original millwork and hardwood floors, offers 4 bedrooms, 3 bathrooms (2 bathrooms are Ensuites), formal dining room, living room, spacious kitchen with stainless steel appliances and a laundry room with full sized washer and dryer. This incredible property is being sold with all the supplies needed to run the AirBnB business including cleaning supplies and extra linens. Your guests will enjoy the outdoors on any of the 3 porches or will love to entertain in the large courtyard with plenty of nighttime lighting and a BBQ area with grills and picnic tables. In addition, there are storage containers in the basement that give plenty of space to store housing supplies. Guests are treated to and unheard of 5 convenient parking spaces! Don't wait, this is the best investment you'll ever find in Lincoln Park.

Monthly Payment Calculator



© 2022 Midwest Real Estate Data LLC. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or @properties. Based on information submitted to the MRED as of 2022-01-17T16:00:17.46 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
www.luxhomechicago.com/homes/119570064
Print Image

1625 N Dayton Street Chicago, IL 60614

  • Price: $835,000
  • Status: Active Under Contract
  • On Site: 178 Days
  • Updated: 42 min ago
  • MLS #: 11164374
7
Beds
0
Baths
0
½ Baths
N/A
Acres
1886
Built
Neighborhood:
Chi - Lincoln Park
County:
Cook
Area:
Chi - Lincoln Park
Elementary School:
Oscar Mayer Elementary School
Middle School:
Oscar Mayer Elementary School
High School:
Lincoln Park High School
School District:
299
Property Description
Amazing investment opportunity in Lincoln Park that is moments to Clybourne Corridor shopping district, Steppenwolf Theater, DePaul's nightlife, excellent restaurants and more. This 3 story, all brick 2 Flat, with extensive tuck pointing completed in July 2021, is being offered with a turnkey AirBnB business completely furnished with back to back bookings already in place grossing nearly 96,000 annually. Unit 1 is a long term rental and is currently vacant with market rent grossing ~ 23,000. Unit 1 offers 2.5 bedrooms, 1 full bathroom, hardwood floors, spacious living room, formal dining room and a kitchen with stainless steel appliances. Unit 2, with gorgeous original millwork and hardwood floors, offers 4 bedrooms, 3 bathrooms (2 bathrooms are Ensuites), formal dining room, living room, spacious kitchen with stainless steel appliances and a laundry room with full sized washer and dryer. This incredible property is being sold with all the supplies needed to run the AirBnB business including cleaning supplies and extra linens. Your guests will enjoy the outdoors on any of the 3 porches or will love to entertain in the large courtyard with plenty of nighttime lighting and a BBQ area with grills and picnic tables. In addition, there are storage containers in the basement that give plenty of space to store housing supplies. Guests are treated to and unheard of 5 convenient parking spaces! Don't wait, this is the best investment you'll ever find in Lincoln Park.
Exterior Features

Exterior Building Type Brick Exterior Features DeckPatioOutdoor GrillFire Pit Is Parking Included In Price Yes Lot Features Cul-De-SacFenced Yard Lot Size Less Than .25 Acre Multi Family Type 2 Flat1 Story Unit/S2 Story Unit/S Parking Space/S Parking Details Space/S Parking Onsite Yes Parking Ownership Owned Parking Total 5 Roof Asphalt Waterfront YN No

Interior Features

Basement UnfinishedExterior Access Basement Details Full Bathroom Separate Shower Bedrooms Below Grade 0 Bedrooms Total 7 Full Baths In Building 4 Half Baths In Building 0 Heating Natural GasForced AirSteamSep Heating Systems - 2+Indv Controls Rooms Total 12

Property Features

Additional Parcels YN No Age 100+ Years Built Before1978 YN Yes Community Features CurbsGatedSidewalksStreet LightsStreet Paved Contingency Attorney/Inspection Continue To Show Yes Corporate Limits Chicago General Information Commuter BusCommuter Train Gross Income 119000 New Construction YN No Other Equipment Ceiling Fan(S) Ownership Fee Simple Rebuilt Year 1986 Rebuilt YN Yes Rehab Year 2004 Sewer Public Sewer Special Listing Conditions List Broker Must Accompany Tax Annual Amount 19316.05 Tax Year 2019 Total Numberof Unitsin Building 2 Total Rental Income 118419 Township Lake View Type Two To Four Units Water Source Lake Michigan

Listing information © 2022 Midwest Real Estate Data LLC.
Listing provided courtesy of IRPINO Real Estate, Inc..


© 2022 Midwest Real Estate Data LLC. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or @properties. Based on information submitted to the MRED as of 2022-01-17T16:00:17.46 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
https://bt-photos.global.ssl.fastly.net/mred/1280_boomver_1_11164374-1.jpg https://bt-photos.global.ssl.fastly.net/mred/1280_boomver_1_11164374-1.jpg https://bt-photos.global.ssl.fastly.net/mred/1280_boomver_1_11164374-1.jpg
Logo
@properties
737 North Michigan Avenue, Suite 1800
Chicago IL, 60611