Airbnb rents seem to be bouncing back in Chicago! $25,541 YTD

[Henry Lazerow]

See below photo. August is looking to be our best month. We definitely noticed a slump vs last year earlier in spring and each month since it has been picking back up. This is a 2/1 in Avondale that is nicely rehabbed. Up to July 1 we made $25,541 breaks down to $3648 a month. The unit would normally rent in the $1850 range. The chart does not subtract cleaning fees which run roughly $500 a month on average, still netting +$1300 a month over LTR. Airbnb in Avondale is proving highly profitable option.