1428 N Cleveland Ave - Hospitality FOR SALE


Chicago, IL 60610
$2,995,000 USD
773-412-3899
1428 N Cleveland Ave, Chicago, IL for Sale
$2,995,000 USD
Hospitality - FOR SALE
1/49
null | Request Cap Rate

1428 N Cleveland Ave
Chicago, IL 60610


OVERVIEW

A rare Airbnb/Bed & Breakfast business opportunity including a 4000+sf Single family home with 8 en-suites in Old Town. This Gorgeous brick and limestone home was built in 2016 and is fully furnished with annual revenue of approx. $520,000. This Single Family Home has a City of Chicago-approved Bed and Breakfast License. Incredible outdoor spaces including multiple balconies plus an enormous rooftop terrace (69x18) with 2nd kitchen and the most amazing, panoramic views of the city skyline! The main level is airy & bright, featuring 10' ceilings, wide-plank hardwood floors, a powder room, a fireplace in the living room, a separate dining room, a professional custom kitchen with S/S appliances including 2 dishwashers, double ovens, 6 burner cooktop, enormous refrigerator/freezer, ice-maker, a Farmer sink & prep sink, stone countertops plus a very large island with seating for 4 people plus a spacious family room with fireplace, all opening out to a large deck! The 2nd & 3rd floors have the same layout. The walk-out basement is finished with 2 additional ensuites. It truly is a beautiful property and can also just be a large single-family home! Walk to Lincoln Park, Zoo, Beaches, Shopping & Restaurants. Nearby schools: Catherine Cook, Franklin, British International, LaSalle Language, St. Ignatius & Latin..

FOR SALE DETAILS

PRICE

$2,995,000 USD

PRICE/SF

$624 USD /SF

# OF ROOMS

7

PRICE/ROOM

$427,857 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Sono Chicago

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

4

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

2016

PARKING SPACES

3

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

2,975 SF

ZONING

B-1

APN/PARCEL ID

17-04-122-042-0000

ASK ABOUT THIS PROPERTY

Jason HillerJameson Commercial Real EstateMore Info
773-412-3899

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Jason HillerJameson Commercial Real EstateMore Info
773-412-3899

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.