REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 3,200,000
Est. payment | /mo
$ 3,200,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12392762
Year Built 1973
Annual Tax Amount $52,912
Tax Year 2023
Lot Dimensions 1650
Property Sub-Type Mixed Use
Property Description
Presenting a rare chance to acquire a portfolio of five fully furnished residential condominiums and two prime commercial storefronts in a premier Gold Coast location-one of the city's most desirable and high-traffic intersections. This offering includes: Two street-level commercial units totaling 1,560 sq. ft., currently leased to a restaurant. Five 1- and 2-bedroom residential condos fully furnished and operating as successful Airbnb rentals. This grouping comprises over 19% ownership of the entire condominium association, providing a level of control rarely available to investors. With low property taxes and modest HOA dues, this is a high-margin, cash-flowing asset in one of Chicago's most prestigious neighborhoods. Opportunities like this-especially in such a strategic location-are increasingly rare. Don't miss your chance to secure a stake in the future of the Gold Coast.
Location
State IL
County Cook
Zoning MULTI
Interior
Cooling Central Air
Fireplace N
Exterior
View Y/N true
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Noah Ruggieri • SVN | North Star
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
2600 S. Michigan Ave., STE 102, Chicago, IL, 60616, United States