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Archived almost 6 years ago

$499,000

4 bd 3 ba 2783 sqft

3835 N Western Ave, Chicago, IL 60618

Residential SFR

Current Rent **

$6,322

Projected Rent **

N/A

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

Estimated Rent †

Pro Only

Estimated Rent Confidence ‡

Low

Chicago AirBnB for sale

This has been an Airbnb since September 2017 and has excellent reviews! Located near wrigley in Chicago this has 4 bedrooms plus den and 3 bathrooms. Set up with 7 queen beds, sleeps 14, with 2 beds in the basement rec room. Currently booked through August and current management will stay on until then. Start booking for September now and collect immediate revenue

https://www.airbnb.com/rooms/20786675?s=67&sharer_id=20069042

Updates:

2007/2008
• New Roof and Windows – (previous seller provided this information)
• New Basement Bath remodel – (previous seller provided this information)
• New first floor shower – (previous seller provided this information)
• New basement wet bar – (previous seller provided this information)
• Updated Plumbing – (previous seller provided this information)
• New Fence – (previous seller provided this information)
2013
• New flooring in basement - laminate
• New flooring on first floor – 5 inch oak
• New HVAC – Two Bryant 96% AFUE Furnaces and Two Bryant 2 ton STEER Air Conditioners (basement and first floor on one thermostat and second floor on another thermostat)
• Updated electrical service – 200 AMP
• New tankless hot water heater
• New kitchen including flooring, custom cabinets with dovetail/soft close, granite countertops, dishwasher, microwave, oven/range and refrigerator
• New summer kitchen in basement including flooring, custom cabinets with dovetail/soft close, granite countertops, dishwasher and oven/range
• New paint throughout
• New lighting Fixtures
• New Washer and Dryer
2016
• New first floor bathroom (except shower)
• New second floor bathroom – gut rehab
• Removal of front porch and new concrete
2017
• Refinished hardwood on second floor
• New paint on the second floor
• New laundry room on second floor
• New paint on the front of the house
• New Garage

Location:

3835 N Western Ave, Chicago, IL 60618

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* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.

** Current rent and projected rent are provided by the lister.

† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.

‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.