Its become a hip-urban nook with 3 very popular breweries, restaurants, cafe's and a bike shop within 1-2 blocks, 1/2 mile easy access to I25 (interstate) and right on the main tourist route.  

Potentially a mix of the data scraping taking into account blocked days on the calendar as true occupancy, and factoring fees as part of the ADR (average daily rate) I would say they have shown a material miss when it comes to data for properties that I had managed in the past.

The current owner started adding an additional unit to the property on the lower level by blocking off a wall and adding a shower however it remains unfished as it stands today.

Chicago is literally comprised of micro neighborhoods & communities, and the decision to invest in any given area must be determined on a house by house, block by block, basis.

@Andrew SyriosTake a look at what happened in Kansas City with tenant activists blocking entry to the courthouse.

My property is the second roughest house on block so I agreed that enhancing the image would be helpful. 

Soviet-style blocks were built, but without even private baths of any sort--those had to be traveled to--and no hot water whatsoever. 

I've had my Series 6 financial license (expired), I have my real estate license in TX (active) and I've been around the block with STR, long term rentals, private placement investments for qualified investors and the stock market / mutual funds / ETFs.

A year later, we bought a single-family home a block away for $120k that we renovated and rented out.

It is right across the street from the beach (you can walk to it in less than 30 seconds), so it is very close, but one building in front blocks most of the view of the beach.